MMI HEALTHCARE LTD

🌿Early-stageactive
SC771236 · ltd · incorporated 2023-06-01
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 Oct 2024
Net worth
£-91.9k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 72/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · oldest 2.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £91,934

Key financials

1 year extracted from filed iXBRL accounts
Cash
£18k
Net Worth
-£92k
Current Assets
£972k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-31
Total assets£933.6k
Current assets£972.2k
Cash£17.9k
Debtors£954.3k
Net assets£-91.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 persons-with-significant-control
Last 180 days
1
filing
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-07-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-07-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-02-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-02-09
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  7. 2024-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-12-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-11-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2023-11-06
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  11. 2023-06-01
    🏢
    Company incorporated
    As MMI HEALTHCARE LTD
  12. 2023-06-01
    MIAN, Amirah Farhat appointed
    secretary
  13. 2023-06-01
    MIAN, Iftikar Ali appointed
    director
  14. 2023-06-01
    MIAN, Mohsin appointed
    director
  15. 2023-06-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

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
Mr Mohsin Mian
Individual · British · DOB 10/1997 · age 29
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/06/2023
Mr Iftikar Ali Mian
Individual · British · DOB 09/1970 · age 56
board controlboard control01/06/2023

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
Incorporated2023-06-01
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

First Floor
1 Mounthooly Way
Aberdeen
AB24 3ER
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (3 active · 0 resigned)

MIAN, Amirah Farhat
secretary · appointed 2023-06-01
View their other companies + combined net worth →
Active
MIAN, Iftikar Ali
director · ~56y · appointed 2023-06-01
View their other companies + combined net worth →
Active
MIAN, Mohsin
director · ~29y · appointed 2023-06-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property09/02/2024
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property06/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (11 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-dormant
accounts · AA
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-14
incorporation-company
incorporation · NEWINC
2023-06-01