MBM COMMERCIAL LLP

💤Zombieactive
SO300552 · llp · incorporated 2005-02-17
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
book net assets
Opportunity
73/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (50/100).

🏦

Refinance opportunity

1 live charge · oldest 20.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
23 officers (11 active, 23 linked, 23 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees526200

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
1
filing
  • 1 officers
Last 90 days
1
filing
  • 1 officers
Last 180 days
3
filings
  • 1 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
  1. 2026-05-11
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  2. 2026-05-08
    URBAN, Caroline resigned
    llp-designated-member
  3. 2026-02-23
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2025-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-11-17
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  6. 2025-09-01
    NELLANY, Jamie Stewart appointed
    llp-designated-member
  7. 2025-02-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2024-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-08-23
    NIMMO, Thomas William John resigned
    llp-designated-member
  10. 2024-08-23
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  11. 2024-08-15
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  12. 2024-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-02-28
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  14. 2024-02-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  15. 2024-02-14
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  16. 2024-02-14
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  17. 2024-01-17
    HART, Simon appointed
    llp-designated-member
  18. 2023-11-30
    HART, Stephen Michael resigned
    llp-designated-member
  19. 2023-10-31
    EDWARD, Timothy James resigned
    llp-designated-member
  20. 2023-08-11
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  21. 2023-08-11
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  22. 2023-08-01
    LAMLEY, Alexander James appointed
    llp-designated-member
  23. 2023-08-01
    PEACHEY, Laura Elizabeth appointed
    llp-designated-member
  24. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2023-02-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  26. 2023-01-10
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  27. 2023-01-10
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  28. 2023-01-01
    MCDOUGALL, Iain David appointed
    llp-designated-member
  29. 2023-01-01
    URBAN, Caroline appointed
    llp-designated-member
  30. 2022-12-08
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  31. 2022-12-02
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  32. 2022-12-02
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  33. 2022-12-02
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  34. 2022-11-30
    MUMFORD, Kenneth resigned
    llp-designated-member
  35. 2022-11-30
    RAMSAY, Jane Margaret resigned
    llp-designated-member
  36. 2022-11-30
    SHAW, Bryan Jarrod resigned
    llp-designated-member
  37. 2022-11-21
    SCOTT, Alison Elizabeth appointed
    llp-designated-member
  38. 2022-11-21
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  39. 2022-10-31
    MACLEAN, Catriona Joan resigned
    llp-designated-member
  40. 2022-05-04
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  41. 2022-05-02
    NIMMO, Thomas William John appointed
    llp-designated-member
  42. 2022-03-01
    HART, Stephen Michael appointed
    llp-designated-member
  43. 2021-01-01
    EDWARD, Timothy James appointed
    llp-designated-member
  44. 2020-01-06
    SHAW, Bryan Jarrod appointed
    llp-designated-member
  45. 2016-08-01
    GINN, Tracey Margaret appointed
    llp-designated-member
  46. 2016-08-01
    ROCHE, Hannah Louise appointed
    llp-designated-member
  47. 2016-07-31
    FINLAYSON, William Alexander resigned
    llp-designated-member
  48. 2016-01-04
    ARNOTT, Michael Guy Peregrine appointed
    llp-designated-member
  49. 2014-01-01
    HARRIS, Andrew John Forsyth appointed
    llp-designated-member
  50. 2013-08-23
    MALCOLM, Stuart Richard Fraser resigned
    llp-designated-member
Showing most recent 50 of 62 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Typellp
Incorporated2005-02-17
Jurisdictionscotland
Primary SIC

Registered office

Suite 2, Ground Floor Orchard Brae House
30 Queensferry Road
Edinburgh
EH4 2HS
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (11 active · 12 resigned)

ARNOTT, Michael Guy Peregrine
llp-designated-member · ~50y · appointed 2016-01-04
View their other companies + combined net worth →
Active
GINN, Tracey Margaret
llp-designated-member · ~62y · appointed 2016-08-01
View their other companies + combined net worth →
Active
HARRIS, Andrew John Forsyth
llp-designated-member · ~57y · appointed 2014-01-01
View their other companies + combined net worth →
Active
HART, Simon
llp-designated-member · ~46y · appointed 2024-01-17
View their other companies + combined net worth →
Active
HENDRY, Stuart James Falconer
llp-designated-member · ~53y · appointed 2005-02-17
View their other companies + combined net worth →
Active
LAMLEY, Alexander James
llp-designated-member · ~41y · appointed 2023-08-01
View their other companies + combined net worth →
Active
MCDOUGALL, Iain David
llp-designated-member · ~42y · appointed 2023-01-01
View their other companies + combined net worth →
Active
NELLANY, Jamie Stewart
llp-designated-member · ~43y · appointed 2025-09-01
View their other companies + combined net worth →
Active
PEACHEY, Laura Elizabeth
llp-designated-member · ~44y · appointed 2023-08-01
View their other companies + combined net worth →
Active
ROCHE, Hannah Louise
llp-designated-member · ~51y · appointed 2016-08-01
View their other companies + combined net worth →
Active
SCOTT, Alison Elizabeth
llp-designated-member · ~50y · appointed 2022-11-21
View their other companies + combined net worth →
Active
CALDER, David William
llp-designated-member · ~60y · appointed 2005-02-17 · resigned 2011-12-31
Resigned
EDWARD, Timothy James
llp-designated-member · ~63y · appointed 2021-01-01 · resigned 2023-10-31
Resigned
FINLAYSON, William Alexander
llp-designated-member · ~75y · appointed 2005-02-17 · resigned 2016-07-31
Resigned
HART, Stephen Michael
llp-designated-member · ~51y · appointed 2022-03-01 · resigned 2023-11-30
Resigned
MACLEAN, Catriona Joan
llp-designated-member · ~59y · appointed 2012-01-01 · resigned 2022-10-31
Resigned
MALCOLM, Stuart Richard Fraser
llp-designated-member · ~54y · appointed 2011-09-30 · resigned 2013-08-23
Resigned
MICHIE, Mark Victor
llp-designated-member · ~58y · appointed 2005-02-17 · resigned 2009-01-16
Resigned
MUMFORD, Kenneth
llp-designated-member · ~50y · appointed 2008-04-21 · resigned 2022-11-30
Resigned
NIMMO, Thomas William John
llp-designated-member · ~50y · appointed 2022-05-02 · resigned 2024-08-23
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property16/06/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-05-11
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-10
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-08-23
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2024-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-07
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-02-21
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-02-14
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-02-14
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-08-11