MAKARS WARE LIMITED
🌱Startupactive
SC810235 · ltd · incorporated 2024-05-13
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (56/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
2
filings
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-02➖BELL, Colin Arran resigneddirector
- 2024-09-30📄memorandum-articlesincorporation · MA
- 2024-09-30📄resolutionresolution · RESOLUTIONS
- 2024-08-29📄capital-allotment-sharescapital · SH01
- 2024-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-07-25➕ANGUS, Grace Forbes appointeddirector
- 2024-07-25➕SINCLAIR, Ewan Armstrong appointeddirector
- 2024-07-25➖ARMSTRONG, Callum Charles resigneddirector
- 2024-07-25➕BELL, Colin Arran appointeddirector
- 2024-07-25➖GARDNER, Ross Scott resigneddirector
- 2024-05-13🏢Company incorporatedAs MAKARS WARE LIMITED
- 2024-05-13➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2024-05-13➕ARMSTRONG, Callum Charles appointeddirector
- 2024-05-13➕GARDNER, Ross Scott appointeddirector
- 2024-05-13📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 1.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-07-26: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ewan Armstrong Sinclair Individual · British · DOB 07/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/08/2024 |
1 historic (ceased) PSC
- Stronachs Nominees Limitedceased 23/08/2024· 75-100% shares · 75-100% voting · board control
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| ANAKA LIMITED→ SC882698 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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| ATHENA APPOINTMENTS LIMITED→ SC802118 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AUCHINDERRAN RENEWABLES LIMITED→ SC452245 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AURORA BIT CONSULTANCY LIMITED→ SC295797 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| AURORA NMS LIMITED→ SC553783 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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| AW WINDOW CLEANING LTD→ SC868585 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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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
Incorporated2024-05-13
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom
Filing status
Accounts
Next due: 2026-05-13
Last made up to: —
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27
Officers (3 active · 3 resigned)
STRONACHS SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2024-05-13
View their other companies + combined net worth →
ANGUS, Grace Forbes→
Activedirector · ~28y · appointed 2024-07-25
View their other companies + combined net worth →
SINCLAIR, Ewan Armstrong→
Activedirector · ~56y · appointed 2024-07-25
View their other companies + combined net worth →
ARMSTRONG, Callum Charles→
Resigneddirector · ~37y · appointed 2024-05-13 · resigned 2024-07-25
BELL, Colin Arran→
Resigneddirector · ~34y · appointed 2024-07-25 · resigned 2026-02-02
GARDNER, Ross Scott→
Resigneddirector · ~49y · appointed 2024-05-13 · resigned 2024-07-25
Click a director name to see their full track record across all companies.
Recent filings (16 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-02-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-14
memorandum-articles
incorporation · MA
2024-09-30
resolution
resolution · RESOLUTIONS
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-27
capital-allotment-shares
capital · SH01
2024-08-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-29
termination-director-company-with-name-termination-date
officers · TM01
2024-08-12
termination-director-company-with-name-termination-date
officers · TM01
2024-08-12
appoint-person-director-company-with-name-date
officers · AP01
2024-08-12
appoint-person-director-company-with-name-date
officers · AP01
2024-08-12
appoint-person-director-company-with-name-date
officers · AP01
2024-08-12
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-26