MBB DEVELOPMENTS LTD.

💤Zombieactive
SC441452 · ltd · incorporated 2013-01-29
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£70.9k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 13.2y

45/100
under pressure

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

  • · Oldest live charge is 13.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £70,897
Net assets shrinking
Down £13,092 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£71k
↓ 16% YoY
Current Assets
£171k
~ YoY
Current Liabilities
—
£0£34k£69k£103k£137k£171kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£111.3k£113.7k
Current assets£170.8k£171.4k
Net assets£70.9k£84.0k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-09-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2021-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2019-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2019-05-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-05-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2018-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-06-30
    ➖
    MARTIN, Brian Thomas Henry resigned
    director
  15. 2018-06-30
    ➖
    MOFFAT, Michael Ian resigned
    director
  16. 2017-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2013-05-30
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  19. 2013-05-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2013-01-29
    🏢
    Company incorporated
    As MBB DEVELOPMENTS LTD.
  21. 2013-01-29
    ➕
    MCLEISH, Bernard John appointed
    director
  22. 2013-01-29
    ➕
    MARTIN, Brian Thomas Henry appointed
    director
  23. 2013-01-29
    ➕
    MOFFAT, Michael Ian appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • 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

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
NameSharesVoting rightsNature of controlNotified
Mr Bernard John Mcleish
Individual · British · DOB 10/1964 · age 62
25–50%
—25-50% shares29/01/2017
2 historic (ceased) PSCs
  • Mr Brian Thomas Henry Martinceased 30/06/2018· 25-50% shares
  • Mr Michael Ian Moffatceased 30/06/2018· 25-50% shares

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
——4656y8483y
A. PROCTOR GROUP LIMITED→
SC105054 · est 1987
£1.97M
£1.40M–£2.53M
——10239y8760y
BALHOUSIE GLAZING LIMITED→
SC148115 · est 1993
——£216.9k—32y8370y
ALGO (BLAIRGOWRIE) LIMITED→
SC166057 · est 1996
——£5.05M—30y8285y
CIOCH LIMITED→
SC169567 · est 1996
——£62.8k—29y8276y
GILLIES & MACKAY LIMITED→
SC237291 · est 2002
——£89.9k—23y8266y
GRM INVESTMENTS LIMITED→
SC346383 · est 2008
——£31.7k—17y8265y
J. F. HALLEY & SON LIMITED→
SC282324 · est 2005
———421y8266y
JAMES MOFFAT CONSTRUCTION LIMITED→
SC333711 · est 2007
——£127.4k—18y8261y
LANDSTOCK HIGHLAND LIMITED→
SC154534 · est 1994
————31y8284y
LW HADDOW PLUMBING & HEATING LIMITED→
SC256720 · est 2003
———2422y8267y
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
Incorporated2013-01-29
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

2 Marshall Place
Perth
Perthshire
PH2 8AH

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29

Officers (1 active · 2 resigned)

MCLEISH, Bernard John→
director · ~62y · appointed 2013-01-29
View their other companies + combined net worth →
Active
MARTIN, Brian Thomas Henry→
director · ~41y · appointed 2013-01-29 · resigned 2018-06-30
Resigned
MOFFAT, Michael Ian→
director · ~40y · appointed 2013-01-29 · resigned 2018-06-30
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
The Royal Bank of Scotland PLC
A registered charge1 property30/05/2013—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property17/05/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-31