MMV PERFORMANCE LIMITED

🌳Matureactive
SC269315 · ltd · incorporated 2004-06-14
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · PSC count: 1 → 2
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • ↑PSC count: 1 → 2
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 Jun 2025
Net worth
£76.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

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

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
6 officers (4 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £76,377

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£76k
↑ 205% YoY
Current Assets
£1k
↓ 55% YoY
Current Liabilities
—
-£73k-£43k-£13k£17k£47k£76kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£787£2.7k
Current assets£1.2k£2.7k
Net assets£76.4k£-72.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 90 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-06-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-06-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-05-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2019-05-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2019-05-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2019-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-05-10
    ➕
    COYNE, Denis appointed
    secretary
  15. 2018-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-07-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2004-06-14
    🏢
    Company incorporated
    As MMV PERFORMANCE LIMITED
  18. 2004-06-14
    ➕
    MCWATT, Denise appointed
    secretary
  19. 2004-06-14
    ➕
    MCWATT, Denise appointed
    director
  20. 2004-06-14
    ➕
    MCWATT, John Lambie appointed
    director
  21. 2004-06-14
    ➕
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-nominee-secretary
  22. 2004-06-14
    ➖
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-nominee-secretary
  23. 2004-06-14
    ➕
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-nominee-director
  24. 2004-06-14
    ➖
    HOGG JOHNSTON DIRECTORS LTD. 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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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
Mrs Denise Mcwatt
Individual · British · DOB 04/1966 · age 60
25–50%
—25-50% shares01/06/2026
Mr John Lambie Mcwatt
Individual · British · DOB 03/1961 · age 65
25–50%
—25-50% shares30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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
Incorporated2004-06-14
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

111 Drip Road
Raploch
Stirling
FK8 1RW

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-28
Last: 2026-06-14

Officers (4 active · 2 resigned)

COYNE, Denis→
secretary · appointed 2019-05-10
View their other companies + combined net worth →
Active
MCWATT, Denise→
secretary · appointed 2004-06-14
View their other companies + combined net worth →
Active
MCWATT, Denise→
director · ~60y · appointed 2004-06-14
View their other companies + combined net worth →
Active
MCWATT, John Lambie→
director · ~65y · appointed 2004-06-14
View their other companies + combined net worth →
Active
HOGG JOHNSTON SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2004-06-14 · resigned 2004-06-14
Resigned
HOGG JOHNSTON DIRECTORS LTD.→
corporate-nominee-director · appointed 2004-06-14 · resigned 2004-06-14
Resigned

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

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-06