MARTHA STREET HOLDINGS LIMITED

🏛️Establishedactive

SC667766 · ltd · incorporated 2020-07-17

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 3.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

—

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 3.8y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Charge age ~3.8 years — mid-life; refi window approaching.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.
· Not currently profitable — coverage conversation is a harder sell.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

7 officers (5 active, 7 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

25 connected companies via shared directors

Filing history

55 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £0

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30
Profit before tax	£0	—
Average employees	0	0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

filings

• 3 officers
• 1 address
• 1 persons-with-significant-control

Last 90 days

filings

• 3 officers
• 1 address
• 1 persons-with-significant-control

Last 180 days

filings

• 3 officers
• 2 capital
• 1 address

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2026-04-07
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-07
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-07
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-08
📄
accounts-with-accounts-type-small
accounts · AA
2025-12-01
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-01
📄
legacy
capital · SH20
2025-12-01
⚠️
legacy
insolvency · CAP-SS
2025-12-01
📄
resolution
resolution · RESOLUTIONS
2025-10-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-09
🔓
Charge satisfied #4
2025-10-09
🔓
Charge satisfied #3
2025-10-09
🔓
Charge satisfied #2
2025-10-09
🔓
Charge satisfied #1
2025-05-13
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-01
📄
accounts-with-accounts-type-small
accounts · AA
2024-05-21
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-21
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-16
🔒
Charge registered #4
Lender: Solutus Advisors Limited as Security Agent
2024-05-16
🔒
Charge registered #3
Lender: Solutus Advisors Limited as Security Agent
2024-04-29
📄
capital-allotment-shares
capital · SH01
2023-12-20
📄
accounts-with-accounts-type-small
accounts · AA
2023-05-23
📄
accounts-with-accounts-type-small
accounts · AA
2022-11-09
📄
accounts-with-accounts-type-small
accounts · AA
2022-08-30
➕
ALLEN, Tessa Maxine Gilchrist appointed
director
2022-07-18
🔒
Charge registered #2
Lender: Solutus Advisors Limited as Security Agent
2022-07-18
🔒
Charge registered #1
Lender: Solutus Advisors Limited as Security Agent
2021-04-01
➕
ALAWADHI, Mohammed Shareef Abdulrazaq Abdulla Alnadhar appointed
director
2021-04-01
➕
JOHANSSON, Daniel appointed
director
2020-11-23
➕
AITON, Archie John appointed
director
2020-11-23
➕
STEWART, Christopher John appointed
director
2020-11-23
➖
DM COMPANY SERVICES LIMITED resigned
corporate-secretary
2020-11-23
➖
GILCHRIST, Ewan Caldwell resigned
director
2020-07-17
🏢
Company incorporated
As MARTHA STREET HOLDINGS LIMITED
2020-07-17
➕
DM COMPANY SERVICES LIMITED appointed
corporate-secretary
2020-07-17
➕
GILCHRIST, Ewan Caldwell appointed
director

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high · 1 med ·

1 insolvency-related filing on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-01: legacy

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️

Sinope Capital Limited

Corporate parent · holds 25-50% shares

significant stake

🏛️

Martha Street Holdco Limited

Corporate parent · holds 25-50% shares

significant stake

⬇

MARTHA STREET HOLDINGS LIMITED

This company · SC667766

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Sinope Capital Limited Corporate entity	25–50%	25–50%	25-50% shares · 25-50% voting	02/04/2021
Martha Street Holdco Limited Corporate entity	25–50%	25–50%	25-50% shares · 25-50% voting	23/11/2020

1 historic (ceased) PSC

22 Nominees Limitedceased 23/11/2020· 75-100% shares · 75-100% voting · board control

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 →

Similar companies

Active · Holding company · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MOTHERSHIP HOLDINGS LIMITED→ SC707967 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
MULTIFLEET SERVICES HC LIMITED→ SC686813 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
MUM HOLDINGS LIMITED→ SC612128 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
MURRAY CAPITAL HOLDINGS LIMITED→ SC685454 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
MUSAKFA LTD→ SC827474 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
N PLUS 1 HOLDINGS LIMITED→ SC883731 · est 2026 · no financials extracted	—	—	—	—	—	—	—
NATWEST GROUP PLC→ SC045551 · est 1968 · no financials extracted	—	—	—	—	58y	—	—
NESSMOUNT LIMITED→ SC211606 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
NEWCO HAMMER LIMITED→ SC399649 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
NORTHERN TRUST PARTNERS SCOTLAND LIMITED→ SC252990 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
NPJ INDUSTRIES LIMITED→ SC424752 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
NUCANA BIOMED TRUSTEE COMPANY LIMITED→ SC412487 · est 2011 · no financials extracted	—	—	—	—	14y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated2020-07-17

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

C/O Johnston Carmichael

7-11 Melville Street

Edinburgh

City Of Edinburgh

EH3 7PE

Scotland

Filing status

Accounts

Next due: 2027-03-29

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-07-30

Last: 2025-07-16