MORVEN ESTATES LIMITED

💤Zombieactive
SC241424 · ltd · incorporated 2002-12-19
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 Feb 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 23.1y

15/100
under pressure

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

  • · Oldest live charge is 23.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 3 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2025-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2016-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2016-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2016-11-10
    🔓
    Charge satisfied #8
  15. 2016-11-10
    🔓
    Charge satisfied #7
  16. 2016-11-10
    🔓
    Charge satisfied #6
  17. 2016-01-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-03-04
    ➖
    MACDONALD, Mary Millar resigned
    secretary
  19. 2013-04-29
    ➕
    MACDONALD, Mary Millar appointed
    secretary
  20. 2013-04-29
    ➖
    MCARTHUR KING, Keri Ann resigned
    secretary
  21. 2011-03-17
    🔓
    Charge satisfied #5
  22. 2011-03-17
    🔓
    Charge satisfied #3
  23. 2011-03-17
    🔓
    Charge satisfied #2
  24. 2011-03-17
    🔓
    Charge satisfied #1
  25. 2009-10-27
    ➖
    SERVICE, Alexander Morton resigned
    director
  26. 2009-10-27
    ➖
    SERVICE, David William resigned
    director
  27. 2008-04-21
    🔒
    Charge registered #8
    Lender: Clydesdale Bank PLC
  28. 2008-04-21
    🔒
    Charge registered #7
    Lender: Clydesdale Bank PLC
  29. 2007-12-19
    🔓
    Charge satisfied #4
  30. 2007-12-07
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  31. 2007-11-13
    ➖
    LITTLE, Anne Isabel resigned
    secretary
  32. 2007-11-13
    ➕
    MCARTHUR KING, Keri Ann appointed
    secretary
  33. 2007-03-16
    ➕
    LITTLE, Anne Isabel appointed
    secretary
  34. 2007-03-16
    ➖
    ROBINSON, Armorel Katherine resigned
    secretary
  35. 2005-12-01
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  36. 2005-11-22
    ➖
    DODD, Fiona Margaret resigned
    secretary
  37. 2005-11-22
    ➕
    ROBINSON, Armorel Katherine appointed
    secretary
  38. 2005-09-21
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  39. 2004-06-01
    ➕
    DODD, Fiona Margaret appointed
    secretary
  40. 2004-06-01
    ➖
    TWEEDIE, Peter David resigned
    secretary
  41. 2004-02-12
    ➖
    EDWARD, Carolyn Margaret resigned
    secretary
  42. 2004-02-12
    ➕
    TWEEDIE, Peter David appointed
    secretary
  43. 2004-02-12
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  44. 2003-11-14
    ➕
    EDWARD, Carolyn Margaret appointed
    secretary
  45. 2003-11-14
    ➖
    MCARA, Jennifer resigned
    secretary
  46. 2003-08-27
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  47. 2003-03-12
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  48. 2002-12-19
    🏢
    Company incorporated
    As MORVEN ESTATES LIMITED
  49. 2002-12-19
    ➕
    FRAME, William appointed
    director
  50. 2002-12-19
    ➕
    MCARA, Jennifer appointed
    secretary
Showing most recent 50 of 54 events

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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Frame
Individual · British · DOB 08/1958 · age 68
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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
Incorporated2002-12-19
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

55 Commissioner Street
Crieff
Perthshire
PH7 3AY

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (1 active · 11 resigned)

FRAME, William→
director · ~68y · appointed 2002-12-19
View their other companies + combined net worth →
Active
DODD, Fiona Margaret→
secretary · appointed 2004-06-01 · resigned 2005-11-22
Resigned
EDWARD, Carolyn Margaret→
secretary · appointed 2003-11-14 · resigned 2004-02-12
Resigned
LITTLE, Anne Isabel→
secretary · appointed 2007-03-16 · resigned 2007-11-13
Resigned
MACDONALD, Mary Millar→
secretary · appointed 2013-04-29 · resigned 2014-03-04
Resigned
MCARA, Jennifer→
secretary · appointed 2002-12-19 · resigned 2003-11-14
Resigned
MCARTHUR KING, Keri Ann→
secretary · appointed 2007-11-13 · resigned 2013-04-29
Resigned
ROBINSON, Armorel Katherine→
secretary · appointed 2005-11-22 · resigned 2007-03-16
Resigned
TWEEDIE, Peter David→
secretary · appointed 2004-02-12 · resigned 2004-06-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-12-19 · resigned 2002-12-19
Resigned
SERVICE, Alexander Morton→
director · ~74y · appointed 2002-12-19 · resigned 2009-10-27
Resigned
SERVICE, David William→
director · ~75y · appointed 2002-12-19 · resigned 2009-10-27
Resigned

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

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property21/04/200810/11/2016
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property21/04/200810/11/2016
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property07/12/200710/11/2016
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties01/12/200517/03/2011
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property21/09/200519/12/2007
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property12/02/200417/03/2011
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property27/08/200317/03/2011
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property12/03/200317/03/2011

Recent filings (89 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-20