16 MRM LIMITED

🌿Early-stageactive

15513462 · ltd · incorporated 2024-02-22

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 Feb 2025

Net worth

£-506

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (63/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

9 officers (9 active, 9 linked, 8 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

13 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £506

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

-£506

Current Assets

£37

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-02-28
Total assets	£-74
Current assets	£37
Net assets	£-506

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-10-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
➕
EKON, Sean appointed
director
2025-01-03
➕
GARGOUR, Louis appointed
director
2025-01-03
➕
RICKENBERG, David appointed
director
2025-01-03
➕
RICKENBERG, Peter Justin appointed
director
2025-01-03
➕
TATE, Justine Celeste appointed
director
2025-01-03
➕
YEATMAN, Nigel appointed
director
2025-01-03
➕
ZAHID, Zahida appointed
director
2025-01-03
➕
PILU LIMITED LIABILITY PARTNERSHIP appointed
corporate-director
2025-01-03
📄
appoint-corporate-director-company-with-name-date
officers · AP02
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-22
🏢
Company incorporated
As 16 MRM LIMITED
2024-02-22
➕
ZAHID, Akhtar Mahmood appointed
director
2024-02-22
📄
incorporation-company
incorporation · NEWINC

Owner dependency

68/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-9 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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1628 LTD→ 13576190 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
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17-32 ST JUST MANAGEMENT CO. LIMITED→ 03878428 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
178 HONEYSUCKLE ROAD RTM COMPANY LIMITED→ 17024976 · est 2026 · no financials extracted	—	—	—	—	—	—	—
18 JOHN STREET RTM COMPANY LIMITED→ 13661639 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2024-02-22

Jurisdictionengland-wales

Primary SIC68100 — Buying and selling of own real estate

Registered office

109a Darras Road

Ponteland

Newcastle Upon Tyne

NE20 9PQ

England

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-05

Last: 2026-02-19