MJD SYSTEMS LTD.

🌳Matureactive

SC243351 · ltd · incorporated 2003-02-04

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 10.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£594.6k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other information technology service activities

Sector: Information & communication

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

3 live charges · oldest 10.8y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 10.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

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

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

8 officers (6 active, 8 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

81 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £594,583

Net assets shrinking

Down £15,191 YoY

Cash YoY

+2%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£549k

↑ 2.2% YoY

Net Worth

£595k

↓ 2.5% YoY

Current Assets

£732k

↓ 1.2% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£607.9k	£631.4k
Current assets	£731.9k	£741.0k
Cash	£548.8k	£536.8k
Debtors	£159.6k	£181.2k
Net assets	£594.6k	£609.8k

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

filings

Last 180 days

filings

• 1 resolution
• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2025-12-22
📄
resolution
resolution · RESOLUTIONS
2025-11-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-24
➕
LAMBOURNE, Craig Andrew appointed
director
2025-10-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
➕
DUNSCOMBE, Gareth James appointed
director
2025-09-01
➕
FINLAYSON, Natalie Adele appointed
director
2025-06-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
📄
change-person-director-company-with-change-date
officers · CH01
2023-02-15
📄
change-person-director-company-with-change-date
officers · CH01
2022-07-13
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-13
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-13
🔓
Charge satisfied #3
2022-07-13
🔓
Charge satisfied #2
2022-07-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-21
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-21
📄
change-person-director-company-with-change-date
officers · CH01
2019-11-18
📄
resolution
resolution · RESOLUTIONS
2019-11-18
📄
capital-name-of-class-of-shares
capital · SH08
2015-10-29
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2015-10-27
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2015-07-14
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2014-07-07
➕
DUNSCOMBE, Jill Anne appointed
director
2003-02-04
🏢
Company incorporated
As MJD SYSTEMS LTD.
2003-02-04
➕
DUNSCOMBE, Jill Anne appointed
secretary
2003-02-04
➕
DUNSCOMBE, Mark appointed
director
2003-02-04
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-02-04
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-02-04
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2003-02-04
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — DUNSCOMBE, Gareth James (same surname) appointed 2025-09-01. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Mark Dunscombe Individual · British · DOB 10/1962 · age 64	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mrs Jill Anne Dunscombe Individual · British · DOB 06/1965 · age 61	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2003-02-04

Jurisdictionscotland

Primary SIC62090 — Other information technology service activities

Registered office

9 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-31

Last: 2025-12-17