ML1 SERVICES LTD
🌿Early-stageactive
SC744713 · ltd · incorporated 2022-09-18
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£13.9k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
13 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
60
Adequate — check latest filings for context.
Acquirability
75
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)Positive net assets
Net assets £13,866
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£14k
↑ 209% YoY
Current Assets
£23k
↑ 651% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £13.9k | £-12.7k |
| Current assets | £22.5k | £3.0k |
| Net assets | £13.9k | £-12.7k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-08-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-18📄capital-allotment-sharescapital · SH01
- 2022-09-18🏢Company incorporatedAs ML1 SERVICES LTD
- 2022-09-18➕COURTNEY, Allan appointeddirector
- 2022-09-18➕COURTNEY, Ross appointeddirector
- 2022-09-18📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ross Courtney Individual · British · DOB 05/1996 · age 30 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/09/2022 |
1 historic (ceased) PSC
- Mr Allan Courtneyceased 04/08/2023· 25-50% shares
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| PHILIPHAUGH HYDRO LIMITED→ SC398239 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| PROACTIVE ENERGY LIMITED→ SC351381 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PURE ALCHEMI LTD→ SC814162 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RELIANCE CONTRACTS GROUP LIMITED→ SC805685 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ROLLYS BULK UPLIFTS LTD→ SC826868 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SCOTTISH WATER LIMITED→ SC207004 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| SEAQURRENT ENERGY SCOTLAND LIMITED→ SC580057 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| SF ELECTRICAL CONTRACTORS LTD.→ SC519219 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SLURP OIL LTD→ SC607733 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SPAN RECYCLING UK LTD→ SC606916 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SPHERE ENERGY CONNECT LIMITED→ SC814857 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SPIL ELECTRICAL SERVICES LTD→ SC693738 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2022-09-18
Jurisdictionscotland
Primary SIC39000 — SIC 39000
Registered office
Unit 3 Morris Park
Rosyth Road
Glasgow
G5 0YD
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24
Officers (2 active · 0 resigned)
COURTNEY, Allan→
Activedirector · ~58y · appointed 2022-09-18
View their other companies + combined net worth →
COURTNEY, Ross→
Activedirector · ~30y · appointed 2022-09-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (13 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2024-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-29
change-account-reference-date-company-current-extended
accounts · AA01
2023-08-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-24
capital-allotment-shares
capital · SH01
2023-05-18
incorporation-company
incorporation · NEWINC
2022-09-18