MK RECRUIT LIMITED

💤Zombieactive
SC200286 · ltd · incorporated 1999-09-27
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£84.0k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 22.0y

45/100
under pressure

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £83,991
Cash YoY
+6%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£20k
↑ 5.6% YoY
Net Worth
£84k
↑ 1.0% YoY
Current Assets
£149k
↑ 8.0% YoY
Current Liabilities
£0£30k£60k£90k£119k£149kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£104.6k£114.4k
Current assets£149.2k£138.1k
Cash£20.4k£19.3k
Debtors£128.8k£118.8k
Net assets£84.0k£83.1k

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 (28 events)Click to expand
  1. 2025-09-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-09-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-08-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-09-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-09-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-09-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-10-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-09-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-09-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-06-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2019-06-12
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2018-10-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-09-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-03-21
    📄
    capital-cancellation-shares
    capital · SH06
  15. 2018-03-15
    📄
    capital-return-purchase-own-shares
    capital · SH03
  16. 2018-01-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-01-25
    MCADAM, Colin Ross resigned
    director
  18. 2004-06-28
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2000-09-27
    BLENKHARN, Maureen appointed
    director
  20. 1999-10-25
    BLENKHARN, Maureen appointed
    secretary
  21. 1999-10-25
    GRAY, Henry resigned
    secretary
  22. 1999-10-07
    GRAY, Henry appointed
    secretary
  23. 1999-10-07
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 1999-10-07
    MCADAM, Colin Ross appointed
    director
  25. 1999-10-07
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  26. 1999-09-27
    🏢
    Company incorporated
    As MK RECRUIT LIMITED
  27. 1999-09-27
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  28. 1999-09-27
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

85/100
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 26 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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
NameSharesVoting rightsNature of controlNotified
Ms Maureen Blenkharn
Individual · British · DOB 10/1972 · age 54
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Colin Ross Mcadamceased 25/01/2018· 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 →

Similar companies

Active · Professional services · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
J.P. RENTALS LIMITED
SC215548 · est 2001
£3.56M
£2.63M£4.50M
3125y8375y
JARVIE PLANT LIMITED
SC313751 · est 2006
£2.47M
£1.82M£3.12M
15419y8475y
CONTRACT SCOTLAND LIMITED
SC190122 · est 1998
£2.22M
£1.64M£2.81M
6027y8349y
STERLING TRUCKS LIMITED
SC197651 · est 1999
£1.73M
£1.28M£2.19M
£2.25M50026y8364y
BARCLAY DOUGALL (HOLDINGS) LIMITED
SC182243 · est 1998
£893.5k
£658.3k£1.13M
11928y8259y
E & O DIAGNOSTICS LIMITED
SC216473 · est 2001
£13.3k25y8369y
MTM DEFENCE LAWYERS LIMITED
SC337728 · est 2008
£22.0k18y8362y
CENTRAL GROUP HOLDINGS LIMITED
SC205983 · est 2000
£75.0k26y8259y
FBD CONSULTANCY, ACCOUNTS & TAX LTD
SC309527 · est 2006
19y8265y
INCINALYSIS LIMITED
SC185561 · est 1998
10028y8275y
JAMES BAIN & CO. LTD.
SC202110 · est 1999
£139.7k26y8267y
KEY FACILITIES MANAGEMENT LTD.
SC218355 · est 2001
225y8273y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1999-09-27
Jurisdictionscotland
Primary SIC78109 — Other activities of employment placement agencies

Registered office

Office 3 Unit 11, Alpha Centre
Stirling University Innovation Park
Stirling
FK9 4NF
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19

Officers (2 active · 4 resigned)

BLENKHARN, Maureen
secretary · appointed 1999-10-25
View their other companies + combined net worth →
Active
BLENKHARN, Maureen
director · ~54y · appointed 2000-09-27
View their other companies + combined net worth →
Active
GRAY, Henry
secretary · appointed 1999-10-07 · resigned 1999-10-25
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1999-09-27 · resigned 1999-10-07
Resigned
MCADAM, Colin Ross
director · ~68y · appointed 1999-10-07 · resigned 2018-01-25
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1999-09-27 · resigned 1999-10-07
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property28/06/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (86 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-09-17