MICHELLE DEVINE MORTGAGES LTD
💤Zombieactive
SC633543 · ltd · incorporated 2019-06-17
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 Jun 2025
Net worth
£9.5k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (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 (73/100).
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
20 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 · FRS 105 (micro)Positive net assets
Net assets £9,474
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£9k
Current Assets
£24k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £10.6k | — |
| Current assets | £24.4k | — |
| Net assets | £9.5k | — |
| Average employees | — | 100 |
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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-17🏢Company incorporatedAs MICHELLE DEVINE MORTGAGES LTD
- 2019-06-17➕DEVINE, Michelle appointeddirector
- 2019-06-17📄incorporation-companyincorporation · NEWINC
Owner dependency
100/100
Critical — business is the founderThe 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 name in company name: Company name contains director surname "DEVINE" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Michelle Devine Individual · British · DOB 10/1968 · age 58 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 17/06/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| MANAGEMENT OPPORTUNITIES LIMITED→ SC118578 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| MANNERSTON INVESTMENTS LIMITED→ SC778442 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MCINROY & WOOD LIMITED→ SC100377 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| MCLEAN & PARTNERS WEALTH MANAGEMENT LTD→ SC334469 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| MCM FINANCIAL LIMITED→ SC504450 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MEIKLEHOPE LTD→ SC504508 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MEO CAPITALPARTNERS LTD→ SC878178 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MOCKINGBIRD MORTGAGES LTD→ SC736533 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MONEXO LTD→ SC833314 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MONTAUK (UK) INVESTMENT HOLDINGS LIMITED→ SC531053 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| MORTGAGE AND FINANCIAL CONSULTANCY LTD→ SC547074 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| MORTGAGE AND PROTECTION FINANCIAL SERVICES LIMITED→ SC655965 · 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
Incorporated2019-06-17
Jurisdictionscotland
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding
Registered office
21 Mcleod Green
North Berwick
EH39 5GY
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08
Officers (1 active · 0 resigned)
DEVINE, Michelle→
Activedirector · ~58y · appointed 2019-06-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (20 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-23
change-person-director-company-with-change-date
officers · CH01
2021-05-23