MET-X RESOURCES LTD

💤Zombieactive

SC288083 · ltd · incorporated 2005-07-27

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 Apr 2025

Net worth

£330.5k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

57 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £330,486

High leverage

Liabilities are 100% of total assets

Net assets shrinking

Down £82,428 YoY

Leverage

100%

Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£330k

↓ 20% YoY

Current Assets

£368k

↓ 28% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-05	2024-04-05
Total assets	£375.1k	£510.9k
Current assets	£368.0k	£510.7k
Net assets	£330.5k	£412.9k

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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-05
📄
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2020-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-12-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2008-01-04
➕
GRANT SMITH LAW PRACTICE appointed
corporate-secretary
2008-01-04
➖
FREELANCE EURO CONTRACTING LIMITED resigned
corporate-secretary
2005-09-01
➕
KERR, David Joseph appointed
director
2005-09-01
➖
ROBERTSON, Alexander George resigned
director
2005-07-27
🏢
Company incorporated
As MET-X RESOURCES LTD
2005-07-27
➕
FREELANCE EURO CONTRACTING LIMITED appointed
corporate-secretary
2005-07-27
➕
ROBERTSON, Alexander George appointed
director

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 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — 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 67. 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 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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

Name	Shares	Voting rights	Nature of control	Notified
Mr David Joseph Kerr Individual · British · DOB 07/1959 · age 67	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	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 →

Similar companies

Active · Trade services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
UNIQUE SYSTEM (UK) LIMITED→ SC356252 · est 2009	£28.64M £21.48M–£35.80M	£23.27M	—	3800	17y	95	65y
UNITY WELL INTEGRITY UK LIMITED→ SC273906 · est 2004	£5.70M £4.27M–£7.12M	—	—	8200	21y	84	62y
JAMES JAMIESON CONSTRUCTION LIMITED→ SC386496 · est 2010	£2.69M £2.02M–£3.36M	£13.65M	—	3800	15y	84	68y
CASTLETON FRUIT LTD.→ SC369372 · est 2009	£2.18M £1.63M–£2.72M	£15.34M	—	30100	16y	83	52y
MINTRA LTD→ SC362194 · est 2009	£1.21M £909.4k–£1.52M	£11.76M	—	7500	16y	85	62y
ACUMEN FINANCIAL PLANNING LIMITED→ SC215343 · est 2001	—	—	£1.05M	—	25y	83	74y
ANIRAC LIMITED→ SC280789 · est 2005	—	—	£1.67M	—	21y	83	85y
ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted	—	—	—	—	19y	83	78y
BUILDTALL LIMITED→ SC235986 · est 2002	—	—	£4.39M	—	23y	83	59y
DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST→ SC273043 · est 2004 · no financials extracted	—	—	—	—	21y	83	67y
EIJ DEVELOPMENTS LIMITED→ SC226210 · est 2001	—	—	£1.38M	—	24y	83	69y
ERT CAMELOT LIMITED→ SC301741 · est 2006 · no financials extracted	—	—	—	—	20y	83	72y

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

🔒Tailored diligence questions

9 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

Incorporated2005-07-27

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

3 Fechil Brae

Ellon

AB41 8NS

Scotland

Filing status

Accounts

Next due: 2027-01-05

Last made up to: 2025-04-05

Confirmation statement

Next due: 2026-09-18

Last: 2025-09-04

Officers (2 active · 2 resigned)

GRANT SMITH LAW PRACTICE→

corporate-secretary · appointed 2008-01-04

View their other companies + combined net worth →

Active

KERR, David Joseph→

director · ~67y · appointed 2005-09-01

View their other companies + combined net worth →

Active

FREELANCE EURO CONTRACTING LIMITED→

corporate-secretary · appointed 2005-07-27 · resigned 2008-01-04

Resigned

ROBERTSON, Alexander George→

director · ~74y · appointed 2005-07-27 · resigned 2005-09-01

Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-23

accounts-with-accounts-type-micro-entity

accounts · AA

2024-12-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-17

accounts-with-accounts-type-micro-entity

accounts · AA

2024-01-03

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-13

accounts-with-accounts-type-micro-entity

accounts · AA

2023-01-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-17

accounts-with-accounts-type-micro-entity

accounts · AA

2021-12-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-09-28

accounts-with-accounts-type-micro-entity

accounts · AA

2020-12-31

accounts-amended-with-accounts-type-micro-entity

accounts · AAMD

2020-10-05

confirmation-statement-with-updates

confirmation-statement · CS01

2020-09-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-07-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-01-05