M & T TAXIS LTD

💤Zombieactive
SC712609 · ltd · incorporated 2021-10-19
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
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Turnover
year to Oct 2024
Net worth
£-600
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 70/100. 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 (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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £600

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£600
↓ 71% YoY
Current Assets
Current Liabilities
-£600-£550-£500-£451-£401-£351Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£-600£-351
Net assets£-600£-351

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
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-01-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-03-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-03-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-03-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-01-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-10-01
    MARTIN, Douglas resigned
    director
  12. 2022-02-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-10-19
    🏢
    Company incorporated
    As M & T TAXIS LTD
  14. 2021-10-19
    SMITH, Mark appointed
    director
  15. 2021-10-19
    MARTIN, Douglas appointed
    director
  16. 2021-10-19
    📄
    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 59 — 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 59. 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Smith
Individual · Scottish · DOB 11/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/10/2021
1 historic (ceased) PSC
  • Mr Douglas Martinceased 01/10/2022· 25-50% shares · 25-50% 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

8 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
Incorporated2021-10-19
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

40-42 Brantwood Avenue
Dundee
DD3 6EW
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18

Officers (1 active · 1 resigned)

SMITH, Mark
director · ~59y · appointed 2021-10-19
View their other companies + combined net worth →
Active
MARTIN, Douglas
director · ~75y · appointed 2021-10-19 · resigned 2022-10-01
Resigned

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

Recent filings (16 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-17
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-24
termination-director-company-with-name-termination-date
officers · TM01
2023-03-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-24
gazette-notice-compulsory
gazette · GAZ1
2023-01-03
appoint-person-director-company-with-name-date
officers · AP01
2022-02-10