M. & D. FURNISHERS LIMITED

💤Zombieactive

SC040822 · ltd · incorporated 1964-08-18

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 Aug 2025

Net worth

£313.0k

book net assets

Opportunity

77/100

Strong

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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 77/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, 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).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 61.5y

30/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 61.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

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

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

3 officers (1 active, 3 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

99 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £312,964

Cash YoY

-19%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£43k

↓ 19% YoY

Net Worth

£313k

↑ 6.9% YoY

Current Assets

£47k

↓ 10% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-08-31	2024-08-31
Total assets	£313.0k	£292.8k
Current assets	£47.0k	£52.3k
Cash	£42.5k	£52.3k
Debtors	£4.5k	—
Net assets	£313.0k	£292.8k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2026-04-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-27
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-01-29
➖
MITCHELL, Robert resigned
secretary
2013-01-29
➖
MITCHELL, Robert resigned
director
2009-12-24
🔓
Charge satisfied #6
1999-05-26
🔓
Charge satisfied #5
1999-05-21
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
1999-04-28
🔓
Charge satisfied #4
1999-04-28
🔓
Charge satisfied #3
1999-04-28
🔓
Charge satisfied #1
1999-04-28
🔓
Charge satisfied #2
1967-04-21
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1967-04-12
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
1965-03-12
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
1964-12-03
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1964-11-16
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1964-08-18
🏢
Company incorporated
As M. & D. FURNISHERS LIMITED

Owner dependency

90/100

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.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

85/100

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.
secondaryStable-but-static management: Company is 62 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mrs Doreen Ann Vincent Individual · British · DOB 06/1954 · age 72	25–50%	—	25-50% shares	04/10/2016

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

Similar companies

Active · Property · AB postcode area

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LARGESS ASSOCIATES LIMITED→ SC455506 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
LARIA COMPANY LTD→ SC701001 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
LEADGATE HOMES LIMITED→ SC468168 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
LEIPER LETTINGS LTD→ SC788457 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
LOTUS ESTATE LTD→ SC875553 · est 2026 · no financials extracted	—	—	—	—	—	—	—
LRO PROPERTY GROUP LTD→ SC801601 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
MAKAR HOLDINGS LIMITED→ SC586861 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
MAYFORD LTD.→ SC278244 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
MBS INVESTMENTS LTD→ SC823726 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MCADAM PROPERTY SOLUTIONS LIMITED→ SC582223 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
MCGILL RENTALS LTD→ SC762891 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
MCHARDY & LITTLEWOOD LIMITED→ SC315369 · est 2007 · no financials extracted	—	—	—	—	19y	—	—

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

Incorporated1964-08-18

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

37 Angusfield Avenue

Aberdeen

AB15 6AR

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-10-21

Last: 2025-10-07

Officers (1 active · 2 resigned)

VINCENT, Doreen Ann→

director · ~72y

View their other companies + combined net worth →

Active

MITCHELL, Robert→

secretary · resigned 2013-01-29

Resigned

MITCHELL, Robert→

director · ~99y · resigned 2013-01-29

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	21/05/1999	24/12/2009
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	21/04/1967	26/05/1999
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond of credit & disposition in security	1 property	12/04/1967	28/04/1999
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond for cash credit & disposition in security	1 property	12/03/1965	28/04/1999
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond of cash credit & disposition in security	1 property	03/12/1964	28/04/1999
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	16/11/1964	28/04/1999