MARK DUNCAN DEVELOPMENTS LIMITED

💤Zombieactive
SC318791 · ltd · incorporated 2007-03-16
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 Mar 2025
Net worth
£710.9k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. 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. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 18.5y

30/100
under pressure

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

  • · Oldest live charge is 18.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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)
Positive net assets
Net assets £710,949

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£711k
↑ 8.5% YoY
Current Assets
£249k
↓ 23% YoY
Current Liabilities
—
£0£142k£284k£427k£569k£711kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£710.9k£658.4k
Current assets£249.3k£323.9k
Net assets£710.9k£655.3k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-03-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2016-12-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-03-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2008-11-12
    ➖
    BON ACCORD ACCOUNTANCY LIMITED resigned
    corporate-secretary
  17. 2008-07-15
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  18. 2007-11-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2007-03-20
    ➕
    BON ACCORD ACCOUNTANCY LIMITED appointed
    corporate-secretary
  20. 2007-03-16
    🏢
    Company incorporated
    As MARK DUNCAN DEVELOPMENTS LIMITED
  21. 2007-03-16
    ➕
    DUNCAN, Mark William appointed
    director
  22. 2007-03-16
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  23. 2007-03-16
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  24. 2007-03-16
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  25. 2007-03-16
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-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.
  • +Founder name in company name: Company name contains director surname "DUNCAN" — strong identity link between founder and business.
  • +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 signal

Multiple 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 19 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mark William Duncan
Individual · British · DOB 09/1972 · age 54
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.

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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 →
🔒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
Incorporated2007-03-16
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Litenborg
Castle Street
Scalloway
Shetland
ZE1 0TP
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16

Officers (1 active · 3 resigned)

DUNCAN, Mark William→
director · ~54y · appointed 2007-03-16
View their other companies + combined net worth →
Active
BON ACCORD ACCOUNTANCY LIMITED→
corporate-secretary · appointed 2007-03-20 · resigned 2008-11-12
Resigned
BRIAN REID LTD.→
corporate-secretary · appointed 2007-03-16 · resigned 2007-03-16
Resigned
STEPHEN MABBOTT LTD.→
corporate-director · appointed 2007-03-16 · resigned 2007-03-16
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property15/07/2008—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property13/11/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-30