PMM DEVELOPMENTS LIMITED

🌳Matureactive
SC410165 · ltd · incorporated 2011-10-27
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 4.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£64.0k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 4.2y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~4.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £63,973

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£64k
↑ 109% YoY
Current Assets
£360k
↓ 15% YoY
Current Liabilities
—
£0£85k£170k£255k£341k£426kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£223.0k£209.0k
Current assets£360.0k£425.7k
Net assets£64.0k£30.7k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-03-10
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  7. 2022-03-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-02-24
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  10. 2021-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2021-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-08-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2018-08-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2018-02-06
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2018-02-05
    ➕
    DAVOLLS, Michelle appointed
    director
  18. 2018-02-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2017-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2011-10-27
    🏢
    Company incorporated
    As PMM DEVELOPMENTS LIMITED
  21. 2011-10-27
    ➕
    MITCHELL, Paul Derek appointed
    director

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • 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 Michelle Davolls
Individual · British · DOB 07/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting05/02/2018
Mr Paul Derek Mitchell
Individual · British · DOB 08/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting01/07/2016

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 · Construction · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEAR SCOTLAND LIMITED→
SC206139 · est 2000
£13.00M
£9.29M–£16.72M
———26y8365y
G.S. BROWN CONSTRUCTION LIMITED→
SC047574 · est 1970
£3.14M
£2.24M–£4.03M
——4655y8483y
A. PROCTOR GROUP LIMITED→
SC105054 · est 1987
£1.97M
£1.40M–£2.53M
——10238y8760y
BALHOUSIE GLAZING LIMITED→
SC148115 · est 1993
——£216.9k—32y8370y
ALGO (BLAIRGOWRIE) LIMITED→
SC166057 · est 1996
——£5.05M—29y8285y
CALEDONIAN DEVELOPMENTS LTD.→
SC211941 · est 2000
———20025y8264y
CIOCH LIMITED→
SC169567 · est 1996
——£62.8k—29y8276y
GILLIES & MACKAY LIMITED→
SC237291 · est 2002
——£89.9k—23y8266y
STEWART ELECTRICAL SERVICES LTD→
SC835850 · est 2025 · no financials extracted
————1y——
STEWART ROBERTSON PROJECTS LIMITED→
SC305540 · est 2006 · no financials extracted
————19y——
SUTHERS STONEMASONRY LIMITED→
SC799950 · est 2024 · no financials extracted
————2y——
VAIRD LTD→
SC336160 · est 2008 · no financials extracted
————18y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2011-10-27
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

6 Atholl Crescent
Perth
Perthshire
PH1 5JN

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (2 active · 0 resigned)

DAVOLLS, Michelle→
director · ~52y · appointed 2018-02-05
View their other companies + combined net worth →
Active
MITCHELL, Paul Derek→
director · ~54y · appointed 2011-10-27
View their other companies + combined net worth →
Active

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
Bank of Scotland PLC
A registered charge1 property10/03/2022—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—24/02/2022—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
change-person-director-company-with-change-date
officers · CH01
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14