DAVID MACKAY JOINERY LIMITED

🌳Matureactive

SC337172 · ltd · incorporated 2008-02-04

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 17.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Joinery installation

Sector: Construction

Investor take

Pursue

Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.7y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 17.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (55/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (3 active, 3 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

40 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-09-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-07-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-02-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2008-08-15
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2008-02-04
🏢
Company incorporated
As DAVID MACKAY JOINERY LIMITED
2008-02-04
➕
MACKAY, Deborah Louise appointed
secretary
2008-02-04
➕
MACKAY, David Ian appointed
director
2008-02-04
➕
MACKAY, Deborah Louise appointed
director

Owner dependency

99/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder name in company name: Company name contains director surname "MACKAY" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr David Ian Mackay Individual · British · DOB 08/1966 · age 60	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/02/2017
Mrs Deborah Louise Mackay Individual · British · DOB 02/1964 · age 62	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/02/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

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Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

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Company details

Statusactive

Typeltd

Incorporated2008-02-04

Jurisdictionscotland

Primary SIC43320 — Joinery installation

Registered office

Choire Mhor

Tomatin

Inverness

IV13 7YN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-26

Last: 2026-01-12

Officers (3 active · 0 resigned)

MACKAY, Deborah Louise→

secretary · appointed 2008-02-04

View their other companies + combined net worth →

Active

MACKAY, David Ian→

director · ~60y · appointed 2008-02-04

View their other companies + combined net worth →

Active

MACKAY, Deborah Louise→

director · ~62y · appointed 2008-02-04

View their other companies + combined net worth →

Active

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Royal Bank of Scotland PLC	Bond & floating charge	1 property	15/08/2008	—

Click column headers to sort. Use filters above to narrow by status and lender.