MORRISON MOTOR SPORT LIMITED
💤Zombieactive
SC051463 · ltd · incorporated 1972-09-25
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 Mar 2026
Net worth
£257.3k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 80-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 49.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 49.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · 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
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
3 officers (1 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
110 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
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £257,253
Net assets shrinking
Down £8,225 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£257k
↓ 3.1% YoY
Current Assets
£129k
↓ 6.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total assets | £257.3k | £265.5k |
| Current assets | £129.3k | £137.7k |
| Net assets | £257.3k | £265.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-12📄change-person-director-company-with-change-dateofficers · CH01
- 2016-06-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-01-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-06-14🔓Charge satisfied #3
- 2010-08-13➖GRIGOR & YOUNG resignedcorporate-secretary
- 1996-03-25➖MORRISON, Leonard resigneddirector
- 1991-02-11🔓Charge satisfied #6
- 1990-11-02🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 1990-09-13🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 1985-02-25🔒Charge registered #4Lender: The Highlands and Islands Development Board
- 1983-09-23🔒Charge registered #5Lender: The Highlands and Islands Development Board
- 1979-09-17🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1978-04-04🔒Charge registered #2Lender: Highlands & Islands Development Board
- 1976-12-06🔒Charge registered #1Lender: H & I D B
- 1972-09-25🏢Company incorporatedAs MORRISON MOTOR SPORT LIMITED
Owner dependency
100/100
Critical — business is the founderThe 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 name in company name: Company name contains director surname "MORRISON" — strong identity link between founder and business.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 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 54 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Helen Morrison Individual · British · DOB 03/1946 · age 80 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MACKAY PROPERTY SERVICES TAIN LIMITED→ SC355606 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| MACKENRO PROPERTIES LIMITED→ SC337301 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| MACKENZIE LETS LTD→ SC869006 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MACLAREN-MUNDELL PROPERTIES LTD→ SC848564 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MACLENNAN ASSET & PROPERTY SERVICES LIMITED→ SC644641 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| MCDC PROPERTY LTD→ SC860008 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MCG RENOVATIONS LTD→ SC721121 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MM HIGHLAND PROPERTIES LTD→ SC823582 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MORAY FIRTH LETTINGS LTD→ SC880008 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MURRAY INVESTMENTS LIMITED→ SC144558 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| N. & D. MACLEOD (PORTREE) LIMITED→ SC062920 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| NEACREATH LIMITED→ SC276227 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1972-09-25
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
28 High Street
Nairn
IV12 4AU
Filing status
Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08
Officers (1 active · 2 resigned)
Active
GRIGOR & YOUNG→
Resignedcorporate-secretary · resigned 2010-08-13
MORRISON, Leonard→
Resigneddirector · ~83y · resigned 1996-03-25
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
5
Outstanding
4
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/11/1990 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 13/09/1990 | 11/02/1991 | |
| outstanding | The Highlands and Islands Development Board | Standard security | 1 property | 25/02/1985 | — | |
| outstanding | The Highlands and Islands Development Board | Standard security | 1 property | 23/09/1983 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/09/1979 | 14/06/2013 | |
| outstanding | Highlands & Islands Development Board | Standard security | 1 property | 04/04/1978 | — | |
| outstanding | H & I D B | Standard security | 1 property | 06/12/1976 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-08
change-person-director-company-with-change-date
officers · CH01
2024-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-29