MEIKLEJOHNS TAXIS LIMITED

🌳Matureactive
SC439983 · ltd · incorporated 2013-01-10
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£241.8k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.6y

50/100
clean up first

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

  • · Newest facility, 2.6 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 105 (micro)
Positive net assets
Net assets £241,797
Net assets shrinking
Down £8,527 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£242k
↓ 3.4% YoY
Current Assets
£81k
↑ 18% YoY
Current Liabilities
—
£0£50k£100k£150k£200k£250kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£269.5k£289.7k
Current assets£80.8k£68.7k
Net assets£241.8k£250.3k

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-09-11
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  6. 2022-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-10-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-09-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-09-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-04-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-01-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2015-01-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-01-10
    🏢
    Company incorporated
    As MEIKLEJOHNS TAXIS LIMITED
  18. 2013-01-10
    ➕
    MEIKLEJOHN, Gordon Alexander appointed
    director
  19. 2013-01-10
    ➕
    MEIKLEJOHN, Sandra Anne appointed
    director

Owner dependency

94/100
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 "MEIKLEJOHN" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gordon Alexander Meiklejohn
Individual · British · DOB 12/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Sandra Ann Meiklejohn
Individual · British · DOB 12/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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.

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
Incorporated2013-01-10
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

49 Barrock Street
Thurso
KW14 7DG
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-24
Last: 2026-01-10

Officers (2 active · 0 resigned)

MEIKLEJOHN, Gordon Alexander→
director · ~64y · appointed 2013-01-10
View their other companies + combined net worth →
Active
MEIKLEJOHN, Sandra Anne→
director · ~58y · appointed 2013-01-10
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property11/09/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-24