MARVELLOUS MYCOLOGY LIMITED

🚨Distressedactive
SC699594 · ltd · incorporated 2021-05-24
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
£-160.5k
book net assets
Opportunity
52/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other research and experimental development on natural sciences and engineering
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 40/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £160,540
Net assets shrinking
Down £237,820 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£161k
↓ 308% YoY
Current Assets
£17k
↑ 444% YoY
Current Liabilities
-£161k-£113k-£65k-£18k£30k£77kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-05-312023-05-31
Total assets£-160.5k£77.3k
Current assets£16.6k£3.0k
Net assets£-160.5k£77.3k

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 (18 events)Click to expand
  1. 2025-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-03-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-03-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-02-07
    WARNER, Jonathan resigned
    director
  8. 2024-02-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-02-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2024-02-01
    WARNER, Jonathan resigned
    director
  11. 2024-02-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-02-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-05-24
    🏢
    Company incorporated
    As MARVELLOUS MYCOLOGY LIMITED
  15. 2021-05-24
    STOKES, Timothy appointed
    director
  16. 2021-05-24
    WARNER, Jonathan appointed
    director
  17. 2021-05-24
    WARNER, Jonathan appointed
    director
  18. 2021-05-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

2 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: 2026-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-19

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Timothy Stokes
Individual · British · DOB 12/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control24/05/2021
2 historic (ceased) PSCs
  • Mr Jonathan Warnerceased 07/02/2024· 25-50% shares
  • Mr Jonathan Warnerceased 01/02/2024· 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.

Similar companies

Active · Professional services · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MAXI STAFFING LTD
SC834683 · est 2025 · no financials extracted
1y
MCDOWELL ENGINEERING LIMITED
SC248421 · est 2003 · no financials extracted
22y
MCINTYRE MARINE INSPECTIONS LTD
SC866266 · est 2025 · no financials extracted
MENAPIA CONSULTING LIMITED
SC492927 · est 2014 · no financials extracted
11y
MOSTECH MECHANICAL SERVICES LTD
SC872927 · est 2025 · no financials extracted
MUNRO PROJECT MANAGEMENT LTD
SC794047 · est 2024 · no financials extracted
2y
NORTHERN STAR ASSOCIATES LIMITED
SC767333 · est 2023 · no financials extracted
2y
PAPER IGLOO LIMITED
SC302888 · est 2006 · no financials extracted
19y
PAPERPAL LTD
SC866661 · est 2025 · no financials extracted
PEOPLE CONSTRUCTION LIMITED
SC287284 · est 2005 · no financials extracted
20y
PERCEPTION INSIGHTS LTD
SC761389 · est 2023 · no financials extracted
3y
PERITUS ORTHO LIMITED
SC653413 · est 2020 · no financials extracted
6y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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
Incorporated2021-05-24
Jurisdictionscotland
Primary SIC72190 — Other research and experimental development on natural sciences and engineering

Registered office

Unit 5 Lammermoor Avenue
Abbotsford Business Park
Falkirk
FK2 7ZS
United Kingdom

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05

Officers (1 active · 2 resigned)

STOKES, Timothy
director · ~45y · appointed 2021-05-24
View their other companies + combined net worth →
Active
WARNER, Jonathan
director · ~64y · appointed 2021-05-24 · resigned 2024-02-01
Resigned
WARNER, Jonathan
director · ~64y · appointed 2021-05-24 · resigned 2024-02-07
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-13
termination-director-company-with-name-termination-date
officers · TM01
2024-03-13
appoint-person-director-company-with-name-date
officers · AP01
2024-02-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-01
termination-director-company-with-name-termination-date
officers · TM01
2024-02-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24