MUNRO EYECARE LIMITED

🌳Matureactive

SC472111 · ltd · incorporated 2014-03-10

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£445

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other human health activities

Sector: Human health & social work

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 11.7y

85/100

ready

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

· Oldest live charge is 11.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (5 active, 5 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £445

Net assets shrinking

Down £1,915 YoY

Cash YoY

+87%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£35k

↑ 87% YoY

Net Worth

£445

↓ 81% YoY

Current Assets

£245k

↓ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£81.5k	£120.3k
Current assets	£244.6k	£281.9k
Cash	£35.4k	£18.9k
Debtors	£141.3k	£193.2k
Net assets	£445	£2.4k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
📄
capital-name-of-class-of-shares
capital · SH08
2023-05-25
📄
memorandum-articles
incorporation · MA
2023-05-25
📄
resolution
resolution · RESOLUTIONS
2023-05-24
📄
resolution
resolution · RESOLUTIONS
2023-03-29
➕
MUNRO, Patricia appointed
secretary
2023-03-29
➕
MUNRO, Anna appointed
director
2023-03-29
➕
MUNRO, Mark appointed
director
2023-03-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-29
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-24
📄
change-person-director-company-with-change-date
officers · CH01
2014-09-17
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2014-03-10
🏢
Company incorporated
As MUNRO EYECARE LIMITED
2014-03-10
➕
MUNRO, Frank Alexander appointed
director
2014-03-10
➕
MUNRO, Patricia appointed
director

Owner dependency

78/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MUNRO" — strong identity link between founder and business.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

23/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — MUNRO, Anna (same surname) appointed 2023-03-29. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 12 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Patricia Munro Individual · British · DOB 10/1960 · age 66	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mr Frank Alexander Munro Individual · British · DOB 03/1957 · age 69	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

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

Similar companies

Active · Healthcare & medical · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MICHAEL KELLY DENTISTRY LTD→ SC375444 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
MILLERSNEUK DENTAL PRACTICE LIMITED→ SC372121 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
MINDZONE COMMUNITY (SCOTLAND) C.I.C.→ SC777531 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
MJ HANNAH MEDICAL AESTHETICS LTD→ SC832328 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MR KHALID AYOUB LIMITED→ SC606080 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
MUGDOCK IMAGING LIMITED→ SC860731 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MUGURIRI LTD→ SC546531 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
MURRAY'S INITIATIVE→ SC097505 · est 1986 · no financials extracted	—	—	—	—	40y	—	—
MYK99 LIMITED→ SC870270 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MYWAY DIGITAL HEALTH LIMITED→ SC555751 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
NA SMILES LTD→ SC821087 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
NABILMO LTD→ SC843989 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2014-03-10

Jurisdictionscotland

Primary SIC86900 — Other human health activities

Registered office

1050 Cathcart Road

Mount Florida

Glasgow

G42 9XW

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-06-14

Last: 2025-05-31