MEHCO PETROLEUM SERVICES LIMITED

💤Zombieactive
SC606082 · ltd · incorporated 2018-08-22
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 Aug 2024
Net worth
£10.5k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 47990Other retail sale not in stores, stalls or markets
  • 62012Business and domestic software development
  • 71122Engineering related scientific and technical consulting activities
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). 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).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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 £10,477

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£10k
↑ 3.7% YoY
Current Assets
£30k
↓ 5.2% YoY
Current Liabilities
£0£6k£13k£19k£25k£32kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£10.5k£10.1k
Current assets£30.0k£31.7k
Net assets£10.5k£10.1k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-08-22
    🏢
    Company incorporated
    As MEHCO PETROLEUM SERVICES LIMITED
  10. 2018-08-22
    TENDO, Fidelis Chibolo appointed
    director
  11. 2018-08-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Fidelis Chibolo Tendo
Individual · British · DOB 08/1956 · age 70
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/08/2018

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

8 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
Incorporated2018-08-22
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

C/O Anderson Strathern Llp,
58 Morrison Street,
Edinburgh,
EH3 8BP
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (1 active · 0 resigned)

TENDO, Fidelis Chibolo
director · ~70y · appointed 2018-08-22
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
2025-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-02