DORCHESTER TIMBER LIMITED
💤Zombieactive
04792537 · ltd · incorporated 2003-06-09
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 Sept 2025
Net worth
£140.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -73% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 22.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
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 declaredPositive net assets
Net assets £140,908
Cash draining
Cash down 73% YoY
Cash YoY
-73%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£22k
↓ 73% YoY
Net Worth
£141k
↑ 33% YoY
Current Assets
£223k
↓ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £199.8k | £161.3k |
| Current assets | £223.2k | £272.6k |
| Cash | £21.6k | £78.7k |
| Debtors | £71.7k | £49.3k |
| Net assets | £140.9k | £106.2k |
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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-16📄capital-return-purchase-own-sharescapital · SH03
- 2022-04-25📄resolutionresolution · RESOLUTIONS
- 2022-04-21📄capital-cancellation-sharescapital · SH06
- 2022-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-04-07➖BICKEL, Marlyn Anne resignedsecretary
- 2022-04-07➖BICKEL, Marlyn Anne resigneddirector
- 2022-04-07➖BICKEL, Patrick Graham resigneddirector
- 2021-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-01➕GERMODO, Jedidiah appointeddirector
- 2003-10-21🔒Charge registered #1Lender: National Westminster Bank PLC
- 2003-06-09🏢Company incorporatedAs DORCHESTER TIMBER LIMITED
- 2003-06-09➕BICKEL, Marlyn Anne appointedsecretary
- 2003-06-09➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2003-06-09➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2003-06-09➕BICKEL, Marlyn Anne appointeddirector
- 2003-06-09➕BICKEL, Patrick Graham appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 Jedidiah Cadiz Germodo Individual · British · DOB 05/1988 · age 38 | 75–100% | — | 75-100% shares | 07/04/2022 |
2 historic (ceased) PSCs
- Mr Patrick Graham Bickelceased 07/04/2022· 25-50% shares · 25-50% voting
- Mrs Marlyn Anne Bickelceased 07/04/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| AUX IMPORT LTD→ 13881847 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BIT THIRSTY LTD→ 15707844 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOONE & CO LIMITED→ 11219421 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CHCM ENTERPRISE LTD→ 13319548 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CHEEKY MONKEYS CASH4CLOTHES LTD→ 11229513 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CJB AGENCIES LIMITED→ 08185858 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CORE SUPPLIES LTD→ 11716557 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DIVERSE SUPPLIES LIMITED→ 10699647 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| DJ PLANT DORSET LIMITED→ 10809481 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DOMETIC UK LIMITED→ 04190363 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| DORCHESTER PLUMBING SUPPLIES LIMITED→ 05199458 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| DORSET ENTERPRISE LTD→ 10835548 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2003-06-09
Jurisdictionengland-wales
Primary SIC46730 — SIC 46730
Registered office
18 High West Street
Dorchester
Dorset
DT1 1UW
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-06-23
Last: 2026-06-09
Officers (1 active · 4 resigned)
GERMODO, Jedidiah→
Activedirector · ~38y · appointed 2017-01-01
View their other companies + combined net worth →
BICKEL, Marlyn Anne→
Resignedsecretary · appointed 2003-06-09 · resigned 2022-04-07
SECRETARIAL APPOINTMENTS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-06-09 · resigned 2003-06-09
BICKEL, Marlyn Anne→
Resigneddirector · ~65y · appointed 2003-06-09 · resigned 2022-04-07
BICKEL, Patrick Graham→
Resigneddirector · ~72y · appointed 2003-06-09 · resigned 2022-04-07
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 21/10/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-15
capital-return-purchase-own-shares
capital · SH03
2022-05-16
resolution
resolution · RESOLUTIONS
2022-04-25
capital-cancellation-shares
capital · SH06
2022-04-21