MAGPIE RECOVERY LTD

💤Zombieactive
SC581961 · ltd · incorporated 2017-11-20
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 Nov 2024
Net worth
£104.1k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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 (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
Confirmed no charges registered
85
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
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £104,115
Net assets shrinking
Down £9,480 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£104k
↓ 8.3% YoY
Current Assets
£113k
↑ 2.3% YoY
Current Liabilities
—
£0£23k£45k£68k£91k£114kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£117.0k£113.6k
Current assets£113.5k£110.9k
Net assets£104.1k£113.6k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-08-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2017-11-20
    🏢
    Company incorporated
    As MAGPIE RECOVERY LTD
  9. 2017-11-20
    ➕
    KRUK, Arkadiusz Daniel appointed
    director
  10. 2017-11-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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

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
Mrs Monika Kruk
Individual · Polish · DOB 10/1986 · age 40
——sig. influencesignificant influence20/11/2017

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

Similar companies

Active · Automotive · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALLARDYCE & GOLDIE ENTERPRISES LIMITED→
SC076646 · est 1981
£65.3k
£52.3k–£78.4k
£453.9k—50044y8462y
AJM SPRAYING SERVICES LTD→
SC249637 · est 2003
——£623.2k—22y8364y
BRAIDWOOD MOTOR COMPANY LIMITED→
SC235866 · est 2002
——£599.8k—23y8364y
DALKEITH RETAIL CENTRE LIMITED→
SC324402 · est 2007
——£7.49M—18y8383y
GOGETA LIMITED→
SC292487 · est 2005 · no financials extracted
————20y8369y
KAIM PARK GARAGE LTD.→
SC262902 · est 2004
——£2.66M—22y8362y
LOTHIAN BRAKEWAYS LIMITED→
SC147590 · est 1993
———70032y8383y
PENTLAND COMPONENT PARTS LIMITED→
SC082096 · est 1983 · no financials extracted
————43y8386y
PERTH HONDA LIMITED→
SC366689 · est 2009 · no financials extracted
————16y8369y
A F NOBLE & SON (PENICUIK) LIMITED→
SC337051 · est 2008
——£2.56M—18y8264y
BALERNO GARAGE LIMITED→
SC106176 · est 1987
——£76.3k—38y8277y
BRADBURY MOTORS LIMITED→
SC045969 · est 1968
———90057y8264y
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
Incorporated2017-11-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

378 Gorgie Road
Midlothian, Edinburgh
EH11 2RQ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-03
Last: 2025-11-19

Officers (1 active · 0 resigned)

KRUK, Arkadiusz Daniel→
director · ~40y · appointed 2017-11-20
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-22