MIMOSA (NO.231) LIMITED

💤Zombieactive
SC091313 · ltd · incorporated 1985-01-21
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 2025
Net worth
book net assets
Opportunity
78/100
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
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). 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: medium (68/100)

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
13 officers (1 active, 13 linked, 9 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
116 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-09-10
    MENZIES, Ross resigned
    director
  2. 2025-09-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-09-08
    MENZIES, Heather Jean appointed
    director
  5. 2025-07-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-06-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-08-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-08-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-08-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-11-03
    MORRICE, Philip John resigned
    secretary
  13. 2020-11-03
    MORRICE, Philip John resigned
    director
  14. 2020-11-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2020-11-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-11-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-12-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2018-02-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2017-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2016-12-20
    MORRICE, Philip John appointed
    secretary
  22. 2016-12-20
    SCOTT, Ewen Moncreiffe resigned
    secretary
  23. 2016-12-20
    MORRICE, Philip John appointed
    director
  24. 2016-12-20
    SCOTT, Ewen Moncreiffe resigned
    director
  25. 2007-12-14
    MOWAT, Iain Alexander Thomas resigned
    secretary
  26. 2007-12-14
    MOWAT, Iain Alexander Thomas resigned
    director
  27. 2007-12-09
    SCOTT, Ewen Moncreiffe appointed
    secretary
  28. 2007-12-09
    SCOTT, Ewen Moncreiffe appointed
    director
  29. 2007-10-08
    MENZIES, Ross appointed
    director
  30. 2007-10-08
    WATSON, Allan David resigned
    director
  31. 2004-01-05
    WATSON, Allan David appointed
    director
  32. 2003-12-17
    SPALDING, Walter Cecil resigned
    director
  33. 1993-12-04
    DICKSON, Anthea Susan resigned
    secretary
  34. 1993-12-04
    MOWAT, Iain Alexander Thomas appointed
    secretary
  35. 1993-12-04
    DICKSON, Alan William Bain resigned
    director
  36. 1993-12-04
    DICKSON, Anthea Susan resigned
    director
  37. 1993-12-04
    MOWAT, Iain Alexander Thomas appointed
    director
  38. 1993-12-04
    SPALDING, Walter Cecil appointed
    director
  39. 1985-01-21
    🏢
    Company incorporated
    As MIMOSA (NO.231) 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 70 — succession pressure is live.

Succession & seller-readiness

75/100
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 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

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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 →
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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
Incorporated1985-01-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Brett Nicholls Associates Herbert House
24 Herbert Street
Glasgow
G20 6NB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-31
Last: 2026-03-17

Officers (1 active · 12 resigned)

MENZIES, Heather Jean
director · ~70y · appointed 2025-09-08
View their other companies + combined net worth →
Active
DICKSON, Anthea Susan
secretary · resigned 1993-12-04
Resigned
MORRICE, Philip John
secretary · appointed 2016-12-20 · resigned 2020-11-03
Resigned
MOWAT, Iain Alexander Thomas
secretary · appointed 1993-12-04 · resigned 2007-12-14
Resigned
SCOTT, Ewen Moncreiffe
secretary · appointed 2007-12-09 · resigned 2016-12-20
Resigned
DICKSON, Alan William Bain
director · ~76y · resigned 1993-12-04
Resigned
DICKSON, Anthea Susan
director · ~71y · resigned 1993-12-04
Resigned
MENZIES, Ross
director · ~43y · appointed 2007-10-08 · resigned 2025-09-10
Resigned
MORRICE, Philip John
director · ~55y · appointed 2016-12-20 · resigned 2020-11-03
Resigned
MOWAT, Iain Alexander Thomas
director · ~77y · appointed 1993-12-04 · resigned 2007-12-14
Resigned
SCOTT, Ewen Moncreiffe
director · ~64y · appointed 2007-12-09 · resigned 2016-12-20
Resigned
SPALDING, Walter Cecil
director · ~89y · appointed 1993-12-04 · resigned 2003-12-17
Resigned
WATSON, Allan David
director · ~87y · appointed 2004-01-05 · resigned 2007-10-08
Resigned

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

Recent filings (116 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2025-09-10
appoint-person-director-company-with-name-date
officers · AP01
2025-09-10
accounts-with-accounts-type-dormant
accounts · AA
2025-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-02
accounts-with-accounts-type-dormant
accounts · AA
2024-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-28
accounts-with-accounts-type-dormant
accounts · AA
2023-07-25
accounts-with-accounts-type-dormant
accounts · AA
2022-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-10
accounts-with-accounts-type-dormant
accounts · AA
2021-08-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-16