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.
🔒Estimated value
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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 13.0y

45/100
under pressure

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

  • · Oldest live charge is 13.0 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
1
filing
  • 1 confirmation-statement
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
2550%
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 →

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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