MARKET CROSS MUSIC LTD
💤Zombieactive
SC555686 · ltd · incorporated 2017-01-26
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
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 75/100. 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 (58/100).
Data confidence
Overall: medium (55/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
9
filings
- • 4 persons-with-significant-control
- • 4 officers
- • 1 confirmation-statement
Last 180 days
10
filings
- • 4 persons-with-significant-control
- • 4 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-01➕CRAIGIE, Konrad appointeddirector
- 2026-04-01➖ADAMSON, Fiona resigneddirector
- 2026-04-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-01➕ADAMSON, Fiona appointeddirector
- 2026-01-01➖ADAMSON, Fiona Anne resigneddirector
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-12-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-03-31➖NICHOLSON, Brian resigneddirector
- 2017-01-26🏢Company incorporatedAs MARKET CROSS MUSIC LTD
- 2017-01-26➕ADAMSON, Fiona Anne appointeddirector
- 2017-01-26➕NICHOLSON, Brian appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ADAMSON, Fiona resigned 2026-04-01; ADAMSON, Fiona Anne resigned 2026-01-01
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Konrad Craigie Individual · Scottish · DOB 03/1999 · age 27 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/04/2026 |
3 historic (ceased) PSCs
- Ms Fiona Adamsonceased 01/04/2026· 75-100% shares · 75-100% voting · board control
- Fiona Anne Adamsonceased 01/01/2026· 75-100% shares · 75-100% voting · board control
- Brian Nicholsonceased 31/03/2018· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| HAGDALE (SHETLAND) LTD→ SC792555 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| I S POLSON LIMITED→ SC371341 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| NORTH ISLES ENERGY LTD→ SC606057 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| PMJ SERVICES (SHETLAND) LTD→ SC477425 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SBSL LTD→ SC585810 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| SHETLAND CLEANING CREW LTD→ SC615747 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SHETLAND CLEANING SERVICES (LERWICK) LIMITED→ SC091490 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| SHETLAND DIVING SERVICES LIMITED→ SC343512 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| SHETLAND FISHERMEN'S TRUST→ SC427435 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| SHETLAND HOT TUBS LTD→ SC551263 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SHETLAND INDUSTRIAL CLEANING SERVICES LTD→ SC697681 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SHETLAND PEATLAND RESTORATION SERVICES LTD→ SC651952 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2017-01-26
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
62a Commercial Street
Lerwick
Shetland
ZE1 0LD
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16
Officers (1 active · 3 resigned)
CRAIGIE, Konrad→
Activedirector · ~27y · appointed 2026-04-01
View their other companies + combined net worth →
ADAMSON, Fiona→
Resigneddirector · ~67y · appointed 2026-01-01 · resigned 2026-04-01
ADAMSON, Fiona Anne→
Resigneddirector · ~65y · appointed 2017-01-26 · resigned 2026-01-01
NICHOLSON, Brian→
Resigneddirector · ~65y · appointed 2017-01-26 · resigned 2018-03-31
Click a director name to see their full track record across all companies.
Recent filings (30 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-01
appoint-person-director-company-with-name-date
officers · AP01
2026-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-01
termination-director-company-with-name-termination-date
officers · TM01
2026-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-10
appoint-person-director-company-with-name-date
officers · AP01
2026-03-10
termination-director-company-with-name-termination-date
officers · TM01
2026-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-09