DRUMCHARRY DEVELOPMENTS LIMITED

💤Zombieactive
05287969 · ltd · incorporated 2004-11-16
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 Nov 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
48 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
Metric2024-11-302023-11-30

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

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 (25 events)Click to expand
  1. 2025-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2021-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2019-12-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-01-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2016-05-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2015-11-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2014-11-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2013-12-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2013-11-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2008-09-01
    WATSON, John Knox appointed
    director
  18. 2008-09-01
    MC GRAIL, Robert Lawrence resigned
    director
  19. 2004-11-17
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  20. 2004-11-17
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-director
  21. 2004-11-16
    🏢
    Company incorporated
    As DRUMCHARRY DEVELOPMENTS LIMITED
  22. 2004-11-16
    MCGRAIL, Ian Robert appointed
    secretary
  23. 2004-11-16
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  24. 2004-11-16
    MC GRAIL, Robert Lawrence appointed
    director
  25. 2004-11-16
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 22 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

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
Mr John Knox Watson
Individual · British · DOB 08/1961 · age 65
75100%
75-100% shares06/04/2016

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 →

Similar companies

Active · Other · NE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
APRON SAFETY LIMITED
14153621 · est 2022 · no financials extracted
3y
ARMSTRONG AERIAL ACCESS LIMITED
09032125 · est 2014 · no financials extracted
11y
ASSOCIATION FOR CURATORS AND PROGRAMMERS OF ASIAN CINEMAS CIC
16572253 · est 2025 · no financials extracted
AXIMA FM LIMITED
02926739 · est 1994 · no financials extracted
31y
B1 SAFETY CONSULTANCY LTD
12104421 · est 2019 · no financials extracted
6y
BAVINGTON LIMITED
03148054 · est 1996 · no financials extracted
30y
BE CARING COMMUNITIES LTD
16006824 · est 2024 · no financials extracted
1y
BEDLINGTON MASONIC BUILDINGS LIMITED
01319406 · est 1977 · no financials extracted
48y
BEDLINGTON TELECOMMUNICATIONS LIMITED
11045660 · est 2017 · no financials extracted
8y
BEINGSMITH LTD
09620442 · est 2015 · no financials extracted
10y
BELL BROS. SETTLEMENT LIMITED
13908170 · est 2022 · no financials extracted
4y
BELLMONT MANAGEMENT SERVICES LIMITED
05226128 · est 2004 · no financials extracted
21y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2004-11-16
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Steadman & Co, G38 Aston House
Redburn Road
Westerhope
Newcastle Upon Tyne
NE5 1NB

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-03
Last: 2025-07-20

Officers (2 active · 3 resigned)

MCGRAIL, Ian Robert
secretary · appointed 2004-11-16
View their other companies + combined net worth →
Active
WATSON, John Knox
director · ~65y · appointed 2008-09-01
View their other companies + combined net worth →
Active
BRIGHTON SECRETARY LTD
corporate-nominee-secretary · appointed 2004-11-16 · resigned 2004-11-17
Resigned
MC GRAIL, Robert Lawrence
director · ~72y · appointed 2004-11-16 · resigned 2008-09-01
Resigned
BRIGHTON DIRECTOR LTD
corporate-nominee-director · appointed 2004-11-16 · resigned 2004-11-17
Resigned

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

Recent filings (48 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
accounts-with-accounts-type-dormant
accounts · AA
2025-08-31
accounts-with-accounts-type-dormant
accounts · AA
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-dormant
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-06
accounts-with-accounts-type-dormant
accounts · AA
2021-12-07
accounts-with-accounts-type-dormant
accounts · AA
2021-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-24
accounts-with-accounts-type-dormant
accounts · AA
2019-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-23
accounts-with-accounts-type-dormant
accounts · AA
2019-02-05
accounts-with-accounts-type-dormant
accounts · AA
2018-01-17