B. MUNDELL LIMITED

🌳Matureactive
SC054931 · ltd · incorporated 1974-01-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Conservative operator with a 64-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (85/100).

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
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £657,018

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Profit before tax£657.0k£741.0k
Average employees545200

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 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-05-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2025-05-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-05-06
    MUNDELL, Catherine E resigned
    secretary
  6. 2025-05-06
    MUNDELL, Catherine E resigned
    director
  7. 2024-05-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2023-11-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  9. 2023-05-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2022-07-01
    📄
    court-order
    miscellaneous · OC
  11. 2022-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-10-28
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  13. 2021-07-28
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-02-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2021-02-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2021-02-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2021-02-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2021-02-25
    📄
    memorandum-articles
    incorporation · MA
  20. 2021-02-25
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2021-02-24
    📄
    capital-name-of-class-of-shares
    capital · SH08
  22. 2019-03-06
    ALLAN, Sara Elizabeth resigned
    secretary
  23. 2011-12-12
    MUNDELL, Myra Ann appointed
    director
  24. 2008-11-24
    MUNDELL, James Alexander resigned
    director
  25. 1997-01-01
    MUNDELL, Benjamin James appointed
    director
  26. 1997-01-01
    ALLAN, Sara Elizabeth appointed
    secretary
  27. 1974-01-25
    🏢
    Company incorporated
    As B. MUNDELL LIMITED

Owner dependency

99/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MUNDELL" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MUNDELL, Catherine E resigned 2025-05-06; MUNDELL, Catherine E resigned 2025-05-06

Group structure

B. Mundell Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
B. Mundell Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
B. MUNDELL LIMITED
This company · SC054931

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
B. Mundell Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/01/2021
3 historic (ceased) PSCs
  • Myra Ann Mundellceased 18/01/2021· 25-50% shares · 25-50% voting
  • Mrs Catherine Elizabeth Mundellceased 18/01/2021· 25-50% shares · 25-50% voting
  • Mr Benjamin James Mundellceased 18/01/2021· 25-50% shares · 25-50% voting

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

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
Typeltd
Incorporated1974-01-25
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Bardaravine
Tarbert
Argyll
PA29 6YF

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (2 active · 4 resigned)

MUNDELL, Benjamin James
director · ~63y · appointed 1997-01-01
View their other companies + combined net worth →
Active
MUNDELL, Myra Ann
director · ~64y · appointed 2011-12-12
View their other companies + combined net worth →
Active
ALLAN, Sara Elizabeth
secretary · appointed 1997-01-01 · resigned 2019-03-06
Resigned
MUNDELL, Catherine E
secretary · resigned 2025-05-06
Resigned
MUNDELL, Catherine E
director · ~84y · resigned 2025-05-06
Resigned
MUNDELL, James Alexander
director · ~91y · resigned 2008-11-24
Resigned

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

Recent filings (117 total)

accounts-with-accounts-type-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-full
accounts · AA
2025-05-29
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-14
termination-director-company-with-name-termination-date
officers · TM01
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-small
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
change-sail-address-company-with-old-address-new-address
address · AD02
2023-11-13
accounts-with-accounts-type-small
accounts · AA
2023-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-09
court-order
miscellaneous · OC
2022-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-18