MARMIONS (SCOTLAND) COMPANY LIMITED
💤Zombieactive
SC302654 · ltd · incorporated 2006-05-19
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
£-44.8k
book net assets
Opportunity
77/100
Strong
What this business does
Likely operating a licensed restaurant in Melrose, Scotland, this business probably handles daily food and beverage service, front-of-house and kitchen operations, and customer dining experiences typical of a sit-down establishment.
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 20.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £44,787
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£45k
~ YoY
Current Assets
£25k
↑ 73% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £43.0k | £431 |
| Current assets | £25.4k | £14.7k |
| Net assets | £-44.8k | £-45.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-07-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-03-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-02-24➖KURT, Nicola Jane Lindsay resignedsecretary
- 2016-02-24➖KURT, Nicola Jane Lindsay resigneddirector
- 2015-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-03-05➖KIRK, Kerry, Dr resignedsecretary
- 2007-03-05➖KIRK, Kerry, Dr resigneddirector
- 2007-03-05➖THOM, Stuart resigneddirector
- 2007-03-04➕KURT, Eyup appointeddirector
- 2007-03-04➕KURT, Nicola Jane Lindsay appointedsecretary
- 2007-03-04➕KURT, Nicola Jane Lindsay appointeddirector
- 2006-06-06🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-05-19🏢Company incorporatedAs MARMIONS (SCOTLAND) COMPANY LIMITED
- 2006-05-19➕KIRK, Kerry, Dr appointedsecretary
- 2006-05-19➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2006-05-19➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2006-05-19➕KIRK, Kerry, Dr appointeddirector
- 2006-05-19➕THOM, Stuart appointeddirector
Owner dependency
85/100
Critical — business is the founderThe 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 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 20 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Eyup Kurt Individual · British · DOB 11/1974 · age 52 | 75–100% | — | 75-100% shares | 07/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| HAUGHMOND (SHROPSHIRE) LTD→ 15500149 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HONEYB HOLIDAY COTTAGES LTD→ 16195277 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| J S D HOTEL ASSOCIATES LIMITED→ 13572310 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| JSTN GROUP LTD→ 17012152 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| KESIM FOOD CATERING LTD→ 12891448 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LEE GARDEN TWEEDMOUTH LTD→ 15758138 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LOBSTER ALTA (HOLDINGS) LIMITED→ 12033750 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LOWICK COTTAGES LTD→ 13871249 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LUXURY HOLIDAY LET'S LTD→ 15870001 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MAELMIN LTD→ 16537594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MAGNA TANDOORI LTD→ 10095639 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| MAURICES CATERING LIMITED→ 16003768 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2006-05-19
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
5 Buccleuch Street
Melrose
TD6 9LB
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-02
Last: 2025-05-19
Officers (1 active · 6 resigned)
Active
KIRK, Kerry, Dr→
Resignedsecretary · appointed 2006-05-19 · resigned 2007-03-05
KURT, Nicola Jane Lindsay→
Resignedsecretary · appointed 2007-03-04 · resigned 2016-02-24
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-05-19 · resigned 2006-05-19
KIRK, Kerry, Dr→
Resigneddirector · ~55y · appointed 2006-05-19 · resigned 2007-03-05
KURT, Nicola Jane Lindsay→
Resigneddirector · ~57y · appointed 2007-03-04 · resigned 2016-02-24
THOM, Stuart→
Resigneddirector · ~55y · appointed 2006-05-19 · resigned 2007-03-05
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 06/06/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (59 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-27