A D MUNRO (HARRIS) LTD

🌳Matureactive

SC344202 · ltd · incorporated 2008-06-11

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 17.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£32.5k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 17.6y

65/100

clean up first

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

· Oldest live charge is 17.6 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 (78/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

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

Directors & officers

7 officers (4 active, 7 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

53 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £32,464

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£32k

↑ 91% YoY

Current Assets

£111k

↑ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31	2023-10-31
Total assets	£37.0k	£20.5k
Current assets	£110.7k	£98.0k
Cash	—	£28.3k
Debtors	—	£9.7k
Net assets	£32.5k	£17.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-10-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-04
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-24
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-24
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-24
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-24
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-24
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-06-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-04
📄
change-person-director-company-with-change-date
officers · CH01
2022-07-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-13
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-11-15
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2018-09-02
➖
MUNRO, Alexander Donald resigned
secretary
2014-08-14
➖
MURRAY, Hector resigned
director
2008-09-12
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2008-06-16
➕
MACASKILL, Johan Macdermid appointed
director
2008-06-16
➕
MUNRO, Alexander Donald appointed
director
2008-06-16
➕
MUNRO, Valerie Ann appointed
director
2008-06-16
➕
SMITH, Mairi Eileen appointed
director
2008-06-16
➖
MUNRO, Alexander Donald resigned
director
2008-06-16
➕
MURRAY, Hector appointed
director
2008-06-11
🏢
Company incorporated
As A D MUNRO (HARRIS) LTD
2008-06-11
➕
MUNRO, Alexander Donald appointed
secretary
2008-06-11
➕
MUNRO, Alexander Donald appointed
director

Owner dependency

81/100

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

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MUNRO" — 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 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Ms Valerie Ann Munro Individual · British · DOB 09/1970 · age 56	—	—	sig. influencesignificant influence	13/06/2018

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

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HEBRIDEAN JEWELLERY LIMITED→ SC239987 · est 2002	—	—	£614.3k	—	23y	83	79y
D MACGILLIVRAY & CO LTD.→ SC323837 · est 2007	—	—	£336.2k	—	18y	82	61y
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BAYHEAD SHOP LTD→ SC352329 · est 2008	—	—	£55.8k	—	17y	80	66y
CCW WORLD LIMITED→ SC235907 · est 2002	—	—	£431.2k	—	23y	80	77y
CHARLES MACLEOD LIMITED→ SC235886 · est 2002	—	—	£2.34M	—	23y	80	79y
COMSULTING LIMITED→ SC177759 · est 1997	—	—	£68.6k	—	28y	80	69y
CORRYAN TRADING LIMITED→ SC459781 · est 2013	—	—	£220.4k	—	12y	80	60y
FI WORLD LIMITED→ SC235906 · est 2002	—	—	£302.0k	—	23y	80	77y
ANGUS CAMPBELL LTD.→ SC162315 · est 1995	—	—	£1.03M	—	30y	79	70y
BUTH BHARRAIGH LIMITED→ SC461773 · est 2013	—	—	£81.5k	—	12y	79	63y
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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.

See pricing →

🔒Advanced scoring suite

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.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2008-06-11

Jurisdictionscotland

Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

Main Street

Tarbert

Isle Of Harris

HS3 3DB

Scotland

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-06-25

Last: 2025-06-11

Officers (4 active · 3 resigned)

MACASKILL, Johan Macdermid→

director · ~45y · appointed 2008-06-16

View their other companies + combined net worth →

Active

MUNRO, Alexander Donald→

director · ~42y · appointed 2008-06-16

View their other companies + combined net worth →

Active

MUNRO, Valerie Ann→

director · ~56y · appointed 2008-06-16

View their other companies + combined net worth →

Active

SMITH, Mairi Eileen→

director · ~58y · appointed 2008-06-16

View their other companies + combined net worth →

Active

MUNRO, Alexander Donald→

secretary · appointed 2008-06-11 · resigned 2018-09-02

Resigned

MUNRO, Alexander Donald→

director · ~82y · appointed 2008-06-11 · resigned 2008-06-16

Resigned

MURRAY, Hector→

director · ~57y · appointed 2008-06-16 · resigned 2014-08-14

Resigned

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 Bank of Scotland PLC	Bond & floating charge	1 property	12/09/2008	—

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

Recent filings (53 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2025-10-30

change-person-director-company-with-change-date

officers · CH01

2025-07-04

confirmation-statement-with-updates

confirmation-statement · CS01

2025-06-24

change-person-director-company-with-change-date

officers · CH01

2025-06-24

change-person-director-company-with-change-date

officers · CH01

2025-06-24

change-person-director-company-with-change-date

officers · CH01

2025-06-24

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-06-24

withdrawal-of-a-person-with-significant-control-statement

persons-with-significant-control · PSC09

2025-06-24

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-06-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-07-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-12

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-07-25

confirmation-statement-with-updates

confirmation-statement · CS01

2023-06-14

change-person-director-company-with-change-date

officers · CH01

2022-10-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-07-27