METROPOLITAN DEVELOPER LTD

💤Zombieactive
03621156 · ltd · incorporated 1998-08-25
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 Jun 2025
Net worth
£2.57M
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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 (58/100).

Data confidence

Overall: medium (77/100)

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
Confirmed no charges registered
85
Directors & officers
12 officers (1 active, 12 linked, 4 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,569,961
Net assets shrinking
Down £313,076 YoY
Cash YoY
-26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2.9m
↓ 26% YoY
Net Worth
£2.6m
↓ 11% YoY
Current Assets
£2.9m
↓ 26% YoY
Current Liabilities
—
£0£775k£1.6m£2.3m£3.1m£3.9mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£2.57M£2.88M
Current assets£2.85M£3.88M
Cash£2.85M£3.88M
Net assets£2.57M£2.88M

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-03-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-04-07
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  3. 2025-03-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-03-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-03-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-03-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-06-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-03-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-03-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-03-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-03-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2008-04-05
    ➖
    AKBAR, Naheed resigned
    secretary
  17. 2008-04-05
    ➖
    CANNON, Claire resigned
    secretary
  18. 2007-07-01
    ➖
    CANNON, Claire resigned
    director
  19. 2007-06-01
    ➕
    CANNON, Michael Patrick appointed
    director
  20. 2003-03-01
    ➕
    CANNON, Claire appointed
    secretary
  21. 2003-01-01
    ➖
    MARK J WILSON AND COMPANY LTD resigned
    corporate-secretary
  22. 2002-11-29
    ➕
    AKBAR, Naheed appointed
    secretary
  23. 2001-06-01
    ➕
    MARK J WILSON AND COMPANY LTD appointed
    corporate-secretary
  24. 2001-05-31
    ➖
    WILSON, Mark James resigned
    secretary
  25. 2000-09-01
    ➕
    CANNON, Claire appointed
    director
  26. 2000-08-26
    ➖
    CANNON, James Michael resigned
    director
  27. 1999-06-08
    ➕
    WILSON, Mark James appointed
    secretary
  28. 1999-06-08
    ➖
    WILSON, Mark James resigned
    secretary
  29. 1999-06-08
    ➖
    WILSON, Mark James resigned
    director
  30. 1999-06-01
    ➕
    CANNON, James Michael appointed
    director
  31. 1999-05-24
    ➖
    GOODWIN, Neil Owen resigned
    secretary
  32. 1998-09-01
    ➕
    GOODWIN, Neil Owen appointed
    secretary
  33. 1998-09-01
    ➕
    WILSON, Mark James appointed
    secretary
  34. 1998-09-01
    ➕
    WILSON, Mark James appointed
    director
  35. 1998-08-25
    🏢
    Company incorporated
    As METROPOLITAN DEVELOPER LTD
  36. 1998-08-25
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  37. 1998-08-25
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  38. 1998-08-25
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director
  39. 1998-08-25
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Patrick Cannon
Individual · British · DOB 03/1978 · age 48
75–100%
—75-100% shares25/08/2016

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
Incorporated1998-08-25
Jurisdictionengland-wales
Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Cadborough Farm
Oldberrow
Henley-In-Arden
B95 5NX
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25

Officers (1 active · 11 resigned)

CANNON, Michael Patrick→
director · ~48y · appointed 2007-06-01
View their other companies + combined net worth →
Active
AKBAR, Naheed→
secretary · appointed 2002-11-29 · resigned 2008-04-05
Resigned
CANNON, Claire→
secretary · appointed 2003-03-01 · resigned 2008-04-05
Resigned
GOODWIN, Neil Owen→
secretary · appointed 1998-09-01 · resigned 1999-05-24
Resigned
WILSON, Mark James→
secretary · appointed 1999-06-08 · resigned 2001-05-31
Resigned
WILSON, Mark James→
secretary · appointed 1998-09-01 · resigned 1999-06-08
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 1998-08-25 · resigned 1998-08-25
Resigned
MARK J WILSON AND COMPANY LTD→
corporate-secretary · appointed 2001-06-01 · resigned 2003-01-01
Resigned
CANNON, Claire→
director · ~51y · appointed 2000-09-01 · resigned 2007-07-01
Resigned
CANNON, James Michael→
director · ~59y · appointed 1999-06-01 · resigned 2000-08-26
Resigned
WILSON, Mark James→
director · ~56y · appointed 1998-09-01 · resigned 1999-06-08
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 1998-08-25 · resigned 1998-08-25
Resigned

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

Recent filings (80 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
default-companies-house-service-address-applied-officer
address · RP09
2025-04-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-01