MARTHASTE LIMITED

🌳Matureactive
SC127431 · ltd · incorporated 1990-09-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), 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: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

Company profile
address, 2 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
12 officers (3 active, 12 linked, 6 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-012023-11-01
Average employees00

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-06-24
    ➕
    KEENAN, Charles Hugh appointed
    director
  2. 2025-06-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-07-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-06-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-05-30
    ➖
    KEENAN, Hugh resigned
    director
  11. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-08-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-08-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-10-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2006-10-31
    ➖
    LAPRESA TULLOCH, Ana Isabel resigned
    director
  19. 2006-10-31
    ➖
    TULLOCH, Iain Keith resigned
    director
  20. 2003-09-19
    ➕
    KEENAN, Anne appointed
    secretary
  21. 2003-09-19
    ➖
    TULLOCH, Iain Keith resigned
    secretary
  22. 2001-11-02
    ➕
    KEENAN, Anne appointed
    director
  23. 2001-11-02
    ➕
    KEENAN, Hugh appointed
    director
  24. 1999-03-15
    ➖
    COUTTS-MILNE, Bryan resigned
    secretary
  25. 1999-03-15
    ➕
    TULLOCH, Iain Keith appointed
    secretary
  26. 1999-03-15
    ➖
    COUTTS-MILNE, Esther Hunter resigned
    director
  27. 1999-03-15
    ➕
    LAPRESA TULLOCH, Ana Isabel appointed
    director
  28. 1991-10-18
    ➕
    COUTTS-MILNE, Esther Hunter appointed
    director
  29. 1991-10-07
    ➕
    COUTTS-MILNE, Bryan appointed
    secretary
  30. 1991-10-07
    ➖
    HENDRY, Robin Frank resigned
    secretary
  31. 1990-10-29
    ➕
    HENDRY, Robin Frank appointed
    secretary
  32. 1990-10-29
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  33. 1990-10-29
    ➕
    TULLOCH, Iain Keith appointed
    director
  34. 1990-10-29
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  35. 1990-09-19
    🏢
    Company incorporated
    As MARTHASTE LIMITED
  36. 1990-09-19
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  37. 1990-09-19
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — KEENAN, Charles Hugh (same surname) appointed 2025-06-24. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Anne Keenan
Individual · British · DOB 09/1950 · age 76
75–100%
—75-100% shares03/09/2016

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

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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
Incorporated1990-09-19
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

6 Almondhill Steading
Kirkliston
EH29 9LA
Scotland

Filing status

Accounts
Next due: 2026-08-01
Last made up to: 2024-11-01
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15

Officers (3 active · 9 resigned)

KEENAN, Anne→
secretary · appointed 2003-09-19
View their other companies + combined net worth →
Active
KEENAN, Anne→
director · ~76y · appointed 2001-11-02
View their other companies + combined net worth →
Active
KEENAN, Charles Hugh→
director · ~49y · appointed 2025-06-24
View their other companies + combined net worth →
Active
COUTTS-MILNE, Bryan→
secretary · appointed 1991-10-07 · resigned 1999-03-15
Resigned
HENDRY, Robin Frank→
secretary · appointed 1990-10-29 · resigned 1991-10-07
Resigned
TULLOCH, Iain Keith→
secretary · appointed 1999-03-15 · resigned 2003-09-19
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1990-09-19 · resigned 1990-10-29
Resigned
COUTTS-MILNE, Esther Hunter→
director · ~91y · appointed 1991-10-18 · resigned 1999-03-15
Resigned
KEENAN, Hugh→
director · ~77y · appointed 2001-11-02 · resigned 2021-05-30
Resigned
LAPRESA TULLOCH, Ana Isabel→
director · ~67y · appointed 1999-03-15 · resigned 2006-10-31
Resigned
TULLOCH, Iain Keith→
director · ~82y · appointed 1990-10-29 · resigned 2006-10-31
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1990-09-19 · resigned 1990-10-29
Resigned

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

Recent filings (102 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-15
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-29
termination-director-company-with-name-termination-date
officers · TM01
2021-07-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-01