2M DEVELOPMENTS (OLD ROAN) LTD

🏛️Establishedactive
13260564 · ltd · incorporated 2021-03-11
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-03-312024-03-31
Average employees200200

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • 2 miscellaneous
Last 90 days
2
filings
  • 2 miscellaneous
Last 180 days
3
filings
  • 2 miscellaneous
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-04-22
    📄
    legacy
    miscellaneous · RPCH01
  2. 2026-04-22
    📄
    legacy
    miscellaneous · RPCH01
  3. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-10-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-02-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-02-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-02-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2021-03-11
    🏢
    Company incorporated
    As 2M DEVELOPMENTS (OLD ROAN) LTD
  10. 2021-03-11
    MOONEY, Martin Garner appointed
    director
  11. 2021-03-11
    MOONEY, Michael James appointed
    director
  12. 2021-03-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-24

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael James Mooney
Individual · British · DOB 01/1999 · age 27
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/03/2021
Mr Martin Garner Mooney
Individual · British · DOB 08/1985 · age 41
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/03/2021

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.

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Company details

Statusactive
Typeltd
Incorporated2021-03-11
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

111 South Road
Waterloo
Liverpool
L22 0LT
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-24OVERDUE
Last: 2025-03-10

Officers (2 active · 0 resigned)

MOONEY, Martin Garner
director · ~41y · appointed 2021-03-11
View their other companies + combined net worth →
Active
MOONEY, Michael James
director · ~27y · appointed 2021-03-11
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

legacy
miscellaneous · RPCH01
2026-04-22
legacy
miscellaneous · RPCH01
2026-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-10
gazette-notice-compulsory
gazette · GAZ1
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20
incorporation-company
incorporation · NEWINC
2021-03-11