MEMVAR ASSOCIATES LIMITED

💤Zombieactive

SC144632 · ltd · incorporated 1993-05-27

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 Jun 2025

Net worth

£89.1k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Management consultancy activities other than financial management

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). 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 (79/100)

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

Confirmed no charges registered

Directors & officers

7 officers (2 active, 7 linked, 4 with DOB)

Ownership & PSC

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

Director network

6 connected companies via shared directors

Filing history

75 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £89,055

Net assets shrinking

Down £25 YoY

Cash YoY

+8%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£13k

↑ 8.4% YoY

Net Worth

£89k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£197.0k	£196.7k
Cash	£13.2k	£12.1k
Net assets	£89.1k	£89.1k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2026-04-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-01
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-17
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-06-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-03
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-09-01
➕
HARRIS, Moira appointed
secretary
2005-09-01
➖
HOWIE, Annie Smellie Cameron resigned
secretary
2005-09-01
➖
HOWIE, Annie Smellie Cameron resigned
director
1999-06-01
➕
HARRIS, Brendan Patrick appointed
director
1999-06-01
➖
HARRIS, Catriona resigned
director
1993-05-27
🏢
Company incorporated
As MEMVAR ASSOCIATES LIMITED
1993-05-27
➕
HOWIE, Annie Smellie Cameron appointed
secretary
1993-05-27
➕
REID, Brian appointed
nominee-secretary
1993-05-27
➖
REID, Brian resigned
nominee-secretary
1993-05-27
➕
HARRIS, Catriona appointed
director
1993-05-27
➕
HOWIE, Annie Smellie Cameron appointed
director
1993-05-27
➕
MABBOTT, Stephen appointed
nominee-director
1993-05-27
➖
MABBOTT, Stephen resigned
nominee-director

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.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100

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 79 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Brendan Patrick Harris Individual · British · DOB 11/1947 · age 79	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest	06/04/2016

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 →

Similar companies

Active · Professional services · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
L SWEENEY LTD.→ SC322262 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
M K K CARING LTD→ SC846000 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MCINTOSH COMMERCIAL LTD→ SC787780 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
MCN LANDSCAPING AND GROUNDWORKS LTD→ SC882161 · est 2026 · no financials extracted	—	—	—	—	—	—	—
MCPHERSON WEALTH LTD→ SC678335 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
MEADE PROJECT SOLUTIONS LTD→ SC822861 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MEDWYN VETS LIMITED→ SC606806 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
MFG COST CONSULTANTS LTD.→ SC366972 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
MGMT ROSA RENEWABLE ENERGY ADVISORY LTD→ SC883755 · est 2026 · no financials extracted	—	—	—	—	—	—	—
MICHAEL CUNNINGHAM CONSULTANCY LIMITED→ SC426431 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
MICRODOT HIRE LIMITED→ SC698209 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
MIKE DWYER LIMITED→ SC414881 · est 2012 · no financials extracted	—	—	—	—	14y	—	—

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

Incorporated1993-05-27

Jurisdictionscotland

Primary SIC70229 — Management consultancy activities other than financial management

Registered office

191 Station Road

Shotts

ML7 4BA

Filing status

Accounts

Next due: 2027-04-01

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-10

Last: 2025-05-27

Officers (2 active · 5 resigned)

HARRIS, Moira→

secretary · appointed 2005-09-01

View their other companies + combined net worth →

Active

HARRIS, Brendan Patrick→

director · ~79y · appointed 1999-06-01

View their other companies + combined net worth →

Active

HOWIE, Annie Smellie Cameron→

secretary · appointed 1993-05-27 · resigned 2005-09-01

Resigned

REID, Brian→

nominee-secretary · appointed 1993-05-27 · resigned 1993-05-27

Resigned

HARRIS, Catriona→

director · ~51y · appointed 1993-05-27 · resigned 1999-06-01

Resigned

HOWIE, Annie Smellie Cameron→

director · ~92y · appointed 1993-05-27 · resigned 2005-09-01

Resigned

MABBOTT, Stephen→

nominee-director · ~76y · appointed 1993-05-27 · resigned 1993-05-27

Resigned

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