3M PROJECTS LTD

🌿Early-stageactive
15591102 · ltd · incorporated 2024-03-24
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
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Turnover
year to Mar 2026
Net worth
£169.4k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (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: strategic trade sale (63/100).

Data confidence

Overall: medium (75/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
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 £169,447

Key financials

2 years extracted from filed iXBRL accounts
Cash
£74k
Net Worth
£169k
↑ 26% YoY
Current Assets
£241k
↑ 2.8% YoY
Current Liabilities
£0£48k£96k£144k£193k£241kMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31
Total assets£169.4k£134.8k
Current assets£240.8k£234.2k
Cash£74.0k
Debtors£166.8k
Net assets£169.4k£134.8k

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
1
filing
  • 1 accounts
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-05-22
    📄
    change-person-director-company
    officers · CH01
  5. 2024-05-21
    CLYNE, Michael appointed
    director
  6. 2024-05-21
    📄
    capital-allotment-shares
    capital · SH01
  7. 2024-03-24
    🏢
    Company incorporated
    As 3M PROJECTS LTD
  8. 2024-03-24
    ROYLE, Alison appointed
    secretary
  9. 2024-03-24
    ROYLE, Mark appointed
    director
  10. 2024-03-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

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

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 Mark Royle
Individual · British · DOB 06/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/03/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2024-03-24
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings

Registered office

Ccm Chichester House
2 Chichester Street
Rochdale
Lancashire
OL16 2AX
England

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (3 active · 0 resigned)

ROYLE, Alison
secretary · appointed 2024-03-24
View their other companies + combined net worth →
Active
CLYNE, Michael
director · ~50y · appointed 2024-05-21
View their other companies + combined net worth →
Active
ROYLE, Mark
director · ~45y · appointed 2024-03-24
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-17
appoint-person-director-company-with-name-date
officers · AP01
2024-05-22
change-person-director-company
officers · CH01
2024-05-22
capital-allotment-shares
capital · SH01
2024-05-21
incorporation-company
incorporation · NEWINC
2024-03-24