21 MAC LTD

💤Zombieactive
SC592551 · ltd · incorporated 2018-03-26
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 Mar 2025
Net worth
£12.1k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
ALSO REGISTERED FOR
  • 69201Accounting and auditing activities
  • 69203Tax consultancy
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). 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).

Data confidence

Overall: medium (76/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £12,062

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12k
↑ 109% YoY
Current Assets
£14k
↑ 74% YoY
Current Liabilities
£0£3k£5k£8k£11k£14kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£13.5k£7.8k
Current assets£13.5k£7.8k
Net assets£12.1k£5.8k

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

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-03-26
    🏢
    Company incorporated
    As 21 MAC LTD
  9. 2018-03-26
    MCINTOSH, Ray appointed
    secretary
  10. 2018-03-26
    MCINTOSH, Ray appointed
    director
  11. 2018-03-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Mr Ray Mcintosh
Individual · British · DOB 10/1955 · age 71
sig. influencesignificant influence26/03/2018

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

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
Incorporated2018-03-26
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

The Spindles Mill Of Pitcaple
Pitcaple
Inverurie
AB51 5DX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25

Officers (2 active · 0 resigned)

MCINTOSH, Ray
secretary · appointed 2018-03-26
View their other companies + combined net worth →
Active
MCINTOSH, Ray
director · ~71y · appointed 2018-03-26
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-26