M-DENS LTD.
💤Zombieactive
SC441323 · ltd · incorporated 2013-01-28
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 Jan 2025
Net worth
£1.97M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Dental practice activities
Sector: Human health & social work
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (65/100).
🏦
Refinance opportunity
2 live charges · oldest 7.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
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
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
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 declaredPositive net assets
Net assets £1,965,011
Cash YoY
+18%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£161k
↑ 18% YoY
Net Worth
£2.0m
↑ 21% YoY
Current Assets
£260k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.97M | £1.64M |
| Current assets | £259.5k | £298.4k |
| Cash | £160.7k | £136.3k |
| Debtors | £90.9k | £154.1k |
| Net assets | £1.97M | £1.63M |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-12🔓Charge satisfied #2
- 2022-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-27🔓Charge satisfied #1
- 2021-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-19🔒Charge registered #2Lender: Bank of Scotland PLC
- 2019-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-03🔒Charge registered #1Lender: Bank of Scotland PLC
- 2018-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-28🏢Company incorporatedAs M-DENS LTD.
- 2013-01-28➕BALBAS, Javier Margallo appointeddirector
Owner dependency
80/100
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.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
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 13 years.
- 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 Javier Margallo Balbas Individual · Spanish · DOB 04/1983 · age 43 | 75–100% | — | 75-100% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LIFEWAYS COMMUNITY CARE (INVERNESS) LIMITED→ SC253251 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LLOYD GRIFFITHS LIMITED→ SC324462 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| MORAY MEDICAL LIMITED→ SC762716 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| MORVEN INVERNESS LIMITED→ SC447005 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MOVE4WARD LTD→ SC587252 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| NESS FOOT CARE LTD→ SC856896 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NESSIE'S NURSERY LTD→ SC666796 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ORCHARD ROAD DENTAL PRACTICE LTD→ SC762927 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| PHYSIO INVERNESS LIMITED→ SC454559 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| PHYSIONESS REHAB LTD→ SC638787 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| RAD-NESS LIMITED→ SC744708 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| RED EYE INTEGRATED SERVICES LTD→ SC730709 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2013-01-28
Jurisdictionscotland
Primary SIC86230 — Dental practice activities
Registered office
2 Clifton Road
Lossiemouth
Morayshire
IV31 6DJ
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28
Officers (1 active · 0 resigned)
BALBAS, Javier Margallo→
Activedirector · ~43y · appointed 2013-01-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 19/04/2019 | 12/11/2022 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 03/04/2019 | 27/09/2021 |
Recent filings (31 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-03
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-29