MANAR DEVELOPMENTS LTD.

💤Zombieactive
SC361319 · ltd · incorporated 2009-06-17
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 Jun 2025
Net worth
£219.8k
book net assets
Opportunity
80/100
Exceptional
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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
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. 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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
41 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
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 · FRS 105 (micro)
Positive net assets
Net assets £219,836

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£220k
↑ 8.6% YoY
Current Assets
£55k
↑ 48% YoY
Current Liabilities
£0£44k£88k£132k£176k£220kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£219.8k£202.4k
Current assets£54.7k£36.9k
Net assets£219.8k£202.4k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-02-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2018-02-15
    HINKS, Erica Joan resigned
    secretary
  11. 2017-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-09-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-10-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2009-06-17
    🏢
    Company incorporated
    As MANAR DEVELOPMENTS LTD.
  19. 2009-06-17
    HINKS, William Michael appointed
    director
  20. 2009-06-17
    HINKS, Erica Joan appointed
    secretary
  21. 2009-06-17
    BRIAN REID LTD. appointed
    corporate-secretary
  22. 2009-06-17
    BRIAN REID LTD. resigned
    corporate-secretary
  23. 2009-06-17
    MABBOTT, Stephen George appointed
    director
  24. 2009-06-17
    MABBOTT, Stephen George resigned
    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 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

98/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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
Mr William Michael Hinks
Individual · British · DOB 03/1952 · age 74
75100%
75–100%75-100% shares · 75-100% voting17/06/2017

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

8 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
Incorporated2009-06-17
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Waterside Cottage
Manar
Inverurie
Aberdeenshire
AB51 5JQ

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17

Officers (1 active · 3 resigned)

HINKS, William Michael
director · ~74y · appointed 2009-06-17
View their other companies + combined net worth →
Active
HINKS, Erica Joan
secretary · appointed 2009-06-17 · resigned 2018-02-15
Resigned
BRIAN REID LTD.
corporate-secretary · appointed 2009-06-17 · resigned 2009-06-17
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2009-06-17 · resigned 2009-06-17
Resigned

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

Recent filings (41 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2019-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-21