THOMAS MUIR (WASTE MANAGEMENT) LIMITED

💤Zombieactive
SC084984 · ltd · incorporated 1983-10-10
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 Nov 2024
Net worth
£-2.3k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). 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).

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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,260

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 9.5% YoY
Current Assets
Current Liabilities
-£2k-£2k-£2k-£2k-£2k-£2kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£-2.3k£-2.1k
Net assets£-2.3k£-2.1k

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-02-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2022-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-11-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2019-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-07-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2019-07-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2019-07-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-07-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-05-10
    MUIR, Christina resigned
    director
  15. 2018-10-20
    MUIR, Thomas resigned
    director
  16. 2018-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-08-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-08-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 1989-11-27
    LEASK, Laurence resigned
    director
  20. 1989-07-17
    LEASK, Laurence appointed
    director
  21. 1983-10-10
    🏢
    Company incorporated
    As THOMAS MUIR (WASTE MANAGEMENT) LIMITED

Owner dependency

100/100
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 name in company name: Company name contains director surname "MUIR" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 71 — 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 71 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 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
NameSharesVoting rightsNature of controlNotified
Mr Thomas Muir
Individual · British · DOB 07/1955 · age 71
2550%
25-50% shares15/11/2019
2 historic (ceased) PSCs
  • Mrs Christina Muirceased 10/05/2019· 25-50% shares
  • Mr Thomas Muirceased 19/10/2018· 25-50% shares

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

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
Incorporated1983-10-10
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

Dunnikier Works
Den Road
Kirkcaldy
Fife
KY1 2ER

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12

Officers (2 active · 3 resigned)

MUIR, Thomas
secretary
View their other companies + combined net worth →
Active
MUIR, Thomas
director · ~71y
View their other companies + combined net worth →
Active
LEASK, Laurence
director · appointed 1989-07-17 · resigned 1989-11-27
Resigned
MUIR, Christina
director · ~103y · resigned 2019-05-10
Resigned
MUIR, Thomas
director · ~103y · resigned 2018-10-20
Resigned

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

Recent filings (96 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-dormant
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-dormant
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
change-account-reference-date-company-previous-extended
accounts · AA01
2023-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-27