HEALTH MATTERS (SCOTLAND) LIMITED

🌳Matureactive
SC222461 · ltd · incorporated 2001-08-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-02-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-02-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-02-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-08-10
    📄
    capital-allotment-shares
    capital · SH01
  12. 2016-04-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2016-03-30
    MULLEN, Veronica Catherine appointed
    director
  14. 2016-03-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2015-08-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2001-08-22
    🏢
    Company incorporated
    As HEALTH MATTERS (SCOTLAND) LIMITED
  18. 2001-08-22
    MULLEN, Veronica Catherine appointed
    secretary
  19. 2001-08-22
    MULLEN, Ian Matthew appointed
    director
  20. 2001-08-22
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 2001-08-22
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  22. 2001-08-22
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  23. 2001-08-22
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 80 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Matthew Mullen
Individual · British · DOB 05/1946 · age 80
2550%
25-50% shares06/04/2016
Mrs Veronica Catherine Mullen
Individual · British · DOB 06/1946 · age 80
2550%
25-50% shares06/04/2016

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2001-08-22
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Burnside House
Kinkell Bridge
Auchterarder
Perthshire
PH3 1EA
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (3 active · 2 resigned)

MULLEN, Veronica Catherine
secretary · appointed 2001-08-22
View their other companies + combined net worth →
Active
MULLEN, Ian Matthew
director · ~80y · appointed 2001-08-22
View their other companies + combined net worth →
Active
MULLEN, Veronica Catherine
director · ~80y · appointed 2016-03-30
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2001-08-22 · resigned 2001-08-22
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2001-08-22 · resigned 2001-08-22
Resigned

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

Recent filings (61 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-25
accounts-with-accounts-type-dormant
accounts · AA
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-26
accounts-with-accounts-type-dormant
accounts · AA
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-dormant
accounts · AA
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-26
accounts-with-accounts-type-dormant
accounts · AA
2022-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-26