MUIRDEN 1 LIMITED

🌳Matureactive
SC372838 · ltd · incorporated 2010-02-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
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Turnover
—
year to Dec 2024
Net worth
£11.38M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 10.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
23 connected companies via shared directors
90
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £11,375,322
Cash YoY
+64%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£332k
↑ 64% YoY
Net Worth
£11m
↑ 19% YoY
Current Assets
£9.5m
↑ 2.9% YoY
Current Liabilities
—
£0£2.3m£4.6m£6.8m£9.1m£11mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£14.88M£10.55M
Current assets£9.46M£9.19M
Cash£331.6k£201.9k
Debtors£8.79M£8.71M
Net assets£11.38M£9.55M

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
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 90 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-04-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-10-23
    🔒
    Charge registered #3
    Lender: Oxbury Bank PLC
  7. 2023-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-08-28
    ➕
    GREEN, David Alexander Skinner appointed
    director
  9. 2023-08-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2023-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-06-06
    ➕
    DUNCAN, Rachael Jenny Margaret appointed
    director
  12. 2022-11-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-11-01
    🔒
    Charge registered #2
    Lender: Close Leasing Limited
  14. 2022-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-09-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2018-08-06
    📄
    capital-allotment-shares
    capital · SH01
  21. 2015-11-05
    🔒
    Charge registered #1
    Lender: Close Leasing Limited and Its Successors in Title, Assignees and Transferees
  22. 2015-02-15
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-secretary
  23. 2010-04-30
    ➕
    DUNCAN, Alfred John appointed
    director
  24. 2010-04-30
    ➖
    VINDEX LIMITED resigned
    corporate-director
  25. 2010-04-30
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-director
  26. 2010-03-12
    ➖
    TRUESDALE, Christine resigned
    director
  27. 2010-02-11
    🏢
    Company incorporated
    As MUIRDEN 1 LIMITED
  28. 2010-02-11
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-secretary
  29. 2010-02-11
    ➕
    TRUESDALE, Christine appointed
    director
  30. 2010-02-11
    ➕
    VINDEX LIMITED appointed
    corporate-director
  31. 2010-02-11
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — DUNCAN, Rachael Jenny Margaret (same surname) appointed 2023-06-06. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • 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.)

Group structure

Muirden Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Muirden Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
MUIRDEN 1 LIMITED
This company · SC372838

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Muirden Group Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting22/11/2025
1 historic (ceased) PSC
  • Mr Alfred John Duncanceased 22/11/2025· 75-100% shares · 75-100% voting

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2010-02-11
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Muirden Farm
Turriff
Aberdeenshire
AB53 4NH

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27

Officers (3 active · 4 resigned)

DUNCAN, Alfred John→
director · ~84y · appointed 2010-04-30
View their other companies + combined net worth →
Active
DUNCAN, Rachael Jenny Margaret→
director · ~34y · appointed 2023-06-06
View their other companies + combined net worth →
Active
GREEN, David Alexander Skinner→
director · ~59y · appointed 2023-08-28
View their other companies + combined net worth →
Active
MACLAY MURRAY & SPENS LLP→
corporate-secretary · appointed 2010-02-11 · resigned 2015-02-15
Resigned
TRUESDALE, Christine→
director · ~66y · appointed 2010-02-11 · resigned 2010-03-12
Resigned
VINDEX LIMITED→
corporate-director · appointed 2010-02-11 · resigned 2010-04-30
Resigned
VINDEX SERVICES LIMITED→
corporate-director · appointed 2010-02-11 · resigned 2010-04-30
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Oxbury Bank
Oxbury Bank PLC
A registered charge2 properties23/10/2024—
outstanding
Close Leasing
Close Leasing Limited
A registered charge—01/11/2022—
outstanding
Close Leasing and Its Successors in Title, Assignees and Transferees
Close Leasing Limited and Its Successors in Title, Assignees and Transferees
A registered charge—05/11/2015—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
appoint-person-director-company-with-name-date
officers · AP01
2023-09-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-03
appoint-person-director-company-with-name-date
officers · AP01
2023-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02