POLMUIR PROPERTIES LIMITED

💤Zombieactive
SC413490 · ltd · incorporated 2011-12-20
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 Dec 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 76). 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 (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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31

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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-02-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-04-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-06-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-01-13
    📄
    legacy
    miscellaneous · RPCH01
  7. 2021-04-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-06-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-05-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-06-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-02-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-05-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-12-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-12-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-12-10
    ➖
    POLMUIR PROPERTIES (ABERDEEN) LIMITED resigned
    corporate-director
  17. 2011-12-20
    🏢
    Company incorporated
    As POLMUIR PROPERTIES LIMITED
  18. 2011-12-20
    ➕
    FORMAN, William Bruce appointed
    director
  19. 2011-12-20
    ➕
    POLMUIR PROPERTIES (ABERDEEN) LIMITED appointed
    corporate-director

Owner dependency

90/100
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 age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

88/100
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 76 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 14 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Bruce Forman
Individual · British · DOB 02/1950 · age 76
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Other · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
OCEAN FISHING LLP→
SO308081 · est 2024 · no financials extracted
————1y——
OCEAN QUEST (SCOTLAND) LLP→
SO300056 · est 2002 · no financials extracted
————24y——
OLD MILL OF HIRN PARTNERSHIP(THE )→
SL000673 · est 1984 · no financials extracted
————41y——
ORKNEY HERRING COMPANY LTD→
SC870438 · est 2025 · no financials extracted
———————
PALLOT DIGITAL LP→
SL014646 · est 2013 · no financials extracted
————12y——
PAULL & WILLIAMSONS LLP→
SO302228 · est 2009 · no financials extracted
————17y——
PE1B LP→
SL014003 · est 2013 · no financials extracted
————12y——
PLENDERLEATH RUNCIE LLP→
SO301665 · est 2007 · no financials extracted
————18y——
POLSKIE RADIO SCOTLAND LLP→
SO308317 · est 2026 · no financials extracted
———————
PONTA DELGADA LP→
SL012901 · est 2013 · no financials extracted
————13y——
PRESTBURY (SCOTLAND) LIMITED PARTNERSHIP→
SL005807 · est 2006 · no financials extracted
————19y——
PRESTBURY GENERAL PARTNER LP→
SL005808 · est 2006 · no financials extracted
————19y——
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
Incorporated2011-12-20
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

18 Primrosehill Road
Cults
Aberdeen
AB15 9ND

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (1 active · 1 resigned)

FORMAN, William Bruce→
director · ~76y · appointed 2011-12-20
View their other companies + combined net worth →
Active
POLMUIR PROPERTIES (ABERDEEN) LIMITED→
corporate-director · appointed 2011-12-20 · resigned 2012-12-10
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-dormant
accounts · AA
2026-01-13
accounts-with-accounts-type-dormant
accounts · AA
2025-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-dormant
accounts · AA
2024-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-dormant
accounts · AA
2023-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
accounts-with-accounts-type-dormant
accounts · AA
2022-06-20
legacy
miscellaneous · RPCH01
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-dormant
accounts · AA
2021-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-31
accounts-with-accounts-type-dormant
accounts · AA
2020-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-20