MERSE INVESTMENTS LTD

💤Zombieactive
07393339 · ltd · incorporated 2010-09-30
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
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Turnover
year to Mar 2025
Net worth
£1.39M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). 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 (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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
35 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 £1,393,703
Cash YoY
+1495%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£531k
↑ 1495% YoY
Net Worth
£1.4m
↑ 31% YoY
Current Assets
£1.9m
↑ 4208% YoY
Current Liabilities
£0£377k£753k£1.1m£1.5m£1.9mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-302024-03-30
Total assets£1.87M£1.87M
Current assets£1.88M£43.7k
Cash£531.5k£33.3k
Debtors£38£10.4k
Net assets£1.39M£1.07M

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-09
    ALDLEX LIMITED resigned
    corporate-secretary
  2. 2025-12-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-04-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2023-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2022-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-09-30
    🏢
    Company incorporated
    As MERSE INVESTMENTS LTD
  18. 2010-09-30
    JENKINSON, Dermot Julian appointed
    director
  19. 2010-09-30
    ALDLEX LIMITED appointed
    corporate-secretary

Owner dependency

100/100
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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

98/100
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 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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 Dermot Julian Jenkinson
Individual · British · DOB 12/1954 · age 72
75100%
75-100% shares01/11/2016

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

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
Incorporated2010-09-30
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Halidon House 17d Windmill Way West
Ramparts Business Park
Berwick Upon Tweed
Northumberland
TD15 1TB
England

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (1 active · 1 resigned)

JENKINSON, Dermot Julian
director · ~72y · appointed 2010-09-30
View their other companies + combined net worth →
Active
ALDLEX LIMITED
corporate-secretary · appointed 2010-09-30 · resigned 2025-12-09
Resigned

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

Recent filings (35 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-11
certificate-change-of-name-company
change-of-name · CERTNM
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-13