MDM FINANCE LTD

💤Zombieactive
SC639946 · ltd · incorporated 2019-08-28
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.
Why now
Window opening · high confidence
More negotiable than before — 4 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 50
  • · Bankability: 75 → 55
  • · Deal-killer verdict: workable → complicated
  • · Opportunity score: 76 → 66
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 8 recent signals weakening vs 2 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 1 positive.

  • Deal-killer verdict: workablecomplicated
  • Opportunity score: 7666
  • Hygiene score: 9050
  • Bankability: 7555
  • Filings: 1215
  • +1 more
Last 90 days

Picture worsened over the last 90 days — 4 negative signals vs 1 positive.

  • Deal-killer verdict: workablecomplicated
  • Opportunity score: 7666
  • Hygiene score: 9050
  • Bankability: 7555
  • Filings: 1215
  • +1 more
Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

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, 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
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£174£347£521£694£868Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets£868
Current assets£17
Net assets£868

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
3
filings
  • 2 dissolution
  • 1 gazette
Last 180 days
3
filings
  • 2 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-06-22
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  2. 2026-05-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2026-05-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  4. 2025-06-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-08-28
    🏢
    Company incorporated
    As MDM FINANCE LTD
  10. 2019-08-28
    MORGAN, Murdoch David appointed
    director
  11. 2019-08-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +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 signal

Multiple 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Murdoch David Morgan
Individual · British · DOB 02/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/08/2019

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2019-08-28
Jurisdictionscotland
Primary SIC70221 — Financial management

Registered office

9 Finnart Crescent
Gourock
PA19 1EL
Scotland

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-10
Last: 2025-08-27

Officers (1 active · 0 resigned)

MORGAN, Murdoch David
director · ~58y · appointed 2019-08-28
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2026-06-22
gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-26
dissolution-application-strike-off-company
dissolution · DS01
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-dormant
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-dormant
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-11
incorporation-company
incorporation · NEWINC
2019-08-28