NTMAC LTD

💤Zombieactive
SC691530 · ltd · incorporated 2021-03-08
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 steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£22.7k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
Pursue
Strong 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 (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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 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 £22,737

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£23k
↑ 18% YoY
Current Assets
£31k
↓ 10% YoY
Current Liabilities
£0£7k£14k£21k£27k£34kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£183.3k£186.9k
Current assets£30.8k£34.3k
Net assets£22.7k£19.2k

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 (15 events)Click to expand
  1. 2025-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-08-18
    MACDONALD, Toni Miles resigned
    director
  4. 2024-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-10-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-10-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2024-10-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-10-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-08
    🏢
    Company incorporated
    As NTMAC LTD
  13. 2021-03-08
    MACDONALD, Neil Barrie appointed
    director
  14. 2021-03-08
    MACDONALD, Toni Miles appointed
    director
  15. 2021-03-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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 60 — approaching natural succession window.

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 60. Early succession window.
  • 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.)

Group structure

Tmmnbm Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Tmmnbm Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
NTMAC LTD
This company · SC691530

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Tmmnbm Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/10/2024
2 historic (ceased) PSCs
  • Neil Barrie Macdonaldceased 01/10/2024· 75-100% shares · 75-100% voting · board control
  • Ms Toni Miles Macdonaldceased 23/09/2024· 25-50% shares · 25-50% 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 →

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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
Incorporated2021-03-08
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

Tighneasker
Inverdruie
Aviemore
PH22 1QH
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (1 active · 1 resigned)

MACDONALD, Neil Barrie
director · ~60y · appointed 2021-03-08
View their other companies + combined net worth →
Active
MACDONALD, Toni Miles
director · ~57y · appointed 2021-03-08 · resigned 2025-08-18
Resigned

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
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-19
termination-director-company-with-name-termination-date
officers · TM01
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28