MORTON NAPIER LIMITED

💤Zombieactive
SC669866 · ltd · incorporated 2020-08-05
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
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 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
Average employees8001000

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-09-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-09-10
    NICHOLSON, David James resigned
    director
  3. 2025-06-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-06-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-08-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-08-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-08-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2024-06-29
    NAPIER, Bruce resigned
    director
  12. 2024-06-27
    MORTON, Susan Margaret appointed
    director
  13. 2024-06-27
    NICHOLSON, David James appointed
    director
  14. 2024-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2023-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-03-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-08-05
    🏢
    Company incorporated
    As MORTON NAPIER LIMITED
  18. 2020-08-05
    NAPIER, Bruce appointed
    director
  19. 2020-08-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 name in company name: Company name contains director surname "MORTON" — strong identity link between founder and business.

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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Murray Napier
Individual · British · DOB 04/1999 · age 27
2550%
25–50%25-50% shares · 25-50% voting20/05/2025
Ms Kerri Napier
Individual · British · DOB 04/1999 · age 27
2550%
25–50%25-50% shares · 25-50% voting20/05/2025
Mrs Susan Margaret Morton
Individual · British · DOB 07/1969 · age 57
board controlboard control30/08/2024
1 historic (ceased) PSC
  • Mr Bruce Napierceased 29/06/2024· 75-100% shares · 75-100% voting

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

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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
Incorporated2020-08-05
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

18-20 North Street
Glenrothes
Fife
KY7 5NA
United Kingdom

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (1 active · 2 resigned)

MORTON, Susan Margaret
director · ~57y · appointed 2024-06-27
View their other companies + combined net worth →
Active
NAPIER, Bruce
director · ~62y · appointed 2020-08-05 · resigned 2024-06-29
Resigned
NICHOLSON, David James
director · ~64y · appointed 2024-06-27 · resigned 2025-09-10
Resigned

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

Recent filings (18 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-30
termination-director-company-with-name-termination-date
officers · TM01
2024-08-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-30
appoint-person-director-company-with-name-date
officers · AP01
2024-07-03
appoint-person-director-company-with-name-date
officers · AP01
2024-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-06