CKMAC HOLDINGS LIMITED

💤Zombieactive
SC449168 · ltd · incorporated 2013-05-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 12.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Average employees00

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-04
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-07-04
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-04-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-02-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2025-02-18
    🔓
    Charge satisfied #1
  9. 2024-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-09-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2020-09-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-09-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2020-08-04
    MACRAE, Emma resigned
    director
  18. 2020-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-08-30
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2014-08-06
    MACRAE, Emma appointed
    director
  22. 2014-01-29
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  23. 2013-06-07
    MACRAE, Neil James appointed
    director
  24. 2013-06-07
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  25. 2013-06-07
    MUNRO, Donald John resigned
    director
  26. 2013-06-07
    HMS DIRECTORS LIMITED resigned
    corporate-director
  27. 2013-05-02
    🏢
    Company incorporated
    As CKMAC HOLDINGS LIMITED
  28. 2013-05-02
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  29. 2013-05-02
    MUNRO, Donald John appointed
    director
  30. 2013-05-02
    HMS DIRECTORS 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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

68/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Neil James Macrae
Individual · British · DOB 02/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mrs Emma Gold Macraeceased 04/08/2020· 25-50% shares

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

7 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
Incorporated2013-05-02
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

C/O Cdmm (Uk) Ltd.
36 Longman Drive
Inverness
IV1 1SU
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02

Officers (1 active · 4 resigned)

MACRAE, Neil James
director · ~58y · appointed 2013-06-07
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED
corporate-secretary · appointed 2013-05-02 · resigned 2013-06-07
Resigned
MACRAE, Emma
director · ~42y · appointed 2014-08-06 · resigned 2020-08-04
Resigned
MUNRO, Donald John
director · ~55y · appointed 2013-05-02 · resigned 2013-06-07
Resigned
HMS DIRECTORS LIMITED
corporate-director · appointed 2013-05-02 · resigned 2013-06-07
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property29/01/201418/02/2025

Recent filings (54 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-25
memorandum-articles
incorporation · MA
2025-07-04
resolution
resolution · RESOLUTIONS
2025-07-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-14