MALLARD NORTH EAST LTD

💤Zombieactive
SC727011 · ltd · incorporated 2022-03-22
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 Mar 2025
Net worth
£-2.3k
book net assets
Opportunity
71/100
Strong
🔔
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: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 71/100 (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: distressed disposal / insolvency (65/100).

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £2,256

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 35% YoY
Current Assets
Current Liabilities
-£2k-£2k-£2k-£2k-£2k-£2kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-2.3k£-1.7k
Net assets£-2.3k£-1.7k

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-10
    TAWSE, Elizabeth Mary resigned
    director
  2. 2026-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-22
    🏢
    Company incorporated
    As MALLARD NORTH EAST LTD
  8. 2022-03-22
    TAWSE, Keith William appointed
    director
  9. 2022-03-22
    TAWSE, Elizabeth Mary appointed
    director
  10. 2022-03-22
    📄
    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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Elizabeth Mary Tawse
Individual · British · DOB 08/1951 · age 75
2550%
25–50%25-50% shares · 25-50% voting22/03/2022
Stuart Mitchell Tawse
Individual · British · DOB 12/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting22/03/2022

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

Similar companies

Active · Holding company · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BANFFSHIRE FISHSELLING COMPANY LIMITED
SC054512 · est 1973
£2
£2£2
£252y8277y
INTEROCEAN GROUP SERVICES LIMITED
SC484003 · est 2014
011y9463y
SODEXO REMOTE SITES SUPPORT SERVICES LIMITED
SC161470 · est 1995
030y8458y
BALMORAL COMPOSITES LIMITED
SC234546 · est 2002 · no financials extracted
23y8386y
BALMORAL GROUP HOLDINGS LIMITED
SC277480 · est 2004 · no financials extracted
21y8386y
CLIPPER HOLDINGS LIMITED
SC103809 · est 1987 · no financials extracted
39y8374y
SCARBOROUGH GROUP INTERNATIONAL LIMITED
SC319817 · est 2007 · no financials extracted
19y8378y
ADDIEWELL PRISON (HOLDINGS) LTD
SC291481 · est 2005 · no financials extracted
20y8261y
DALIJON PROPERTIES LIMITED
SC252356 · est 2003
022y8268y
SCOTT’S RIGGING & LIFTING LTD
SC745459 · est 2022 · no financials extracted
3y
THE WOOD FOUNDATION AFRICA
SC361033 · est 2009 · no financials extracted
16y
VYSUS HOLDINGS (UK) LIMITED
SC677766 · est 2020 · no financials extracted
5y
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
Incorporated2022-03-22
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

14 Carden Place
Aberdeen
AB10 1UR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21

Officers (1 active · 1 resigned)

TAWSE, Keith William
director · ~48y · appointed 2022-03-22
View their other companies + combined net worth →
Active
TAWSE, Elizabeth Mary
director · ~75y · appointed 2022-03-22 · resigned 2026-04-10
Resigned

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
incorporation-company
incorporation · NEWINC
2022-03-22