RICHARD DURGAN GROUP LIMITED

💤Zombieactive
08061130 · ltd · incorporated 2012-05-08
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 Aug 2025
Net worth
£518.5k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

1 live charge · oldest 12.1y

45/100
under pressure

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

  • · Oldest live charge is 12.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £518,541
Very low cash
Cash position: £3
Net assets shrinking
Down £4,291 YoY
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3
↓ 25% YoY
Net Worth
£519k
~ YoY
Current Assets
£37k
↓ 28% YoY
Current Liabilities
£0£105k£209k£314k£418k£523kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£518.5k£522.8k
Current assets£37.2k£51.6k
Cash£3£4
Debtors£37.2k£51.6k
Net assets£518.5k£522.8k

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • 2 confirmation-statement
Last 90 days
11
filings
  • 6 capital
  • 2 confirmation-statement
  • 1 resolution
Last 180 days
11
filings
  • 6 capital
  • 2 confirmation-statement
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-06-24
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2026-06-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  3. 2026-06-09
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  4. 2026-06-09
    📄
    capital-alter-shares-subdivision
    capital · SH02
  5. 2026-06-09
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  6. 2026-06-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  7. 2026-06-09
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2026-06-09
    📄
    capital-alter-shares-subdivision
    capital · SH02
  9. 2026-06-09
    📄
    memorandum-articles
    incorporation · MA
  10. 2026-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2025-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-08-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-07-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  17. 2022-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-08-19
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  19. 2021-05-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2014-06-20
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  21. 2012-05-08
    🏢
    Company incorporated
    As RICHARD DURGAN GROUP LIMITED
  22. 2012-05-08
    DURGAN, Richard Anthony appointed
    director

Owner dependency

95/100
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.
  • +Founder name in company name: Company name contains director surname "DURGAN" — strong identity link between founder and business.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

Multiple 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.
  • secondary12+ year tenure: Director in role 14 years.
  • 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 Richard Anthony Durgan
Individual · British · DOB 02/1983 · age 43
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 →

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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
Incorporated2012-05-08
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

354 Skircoat Green Road
Halifax
HX3 0RP
United Kingdom

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08

Officers (1 active · 0 resigned)

DURGAN, Richard Anthony
director · ~43y · appointed 2012-05-08
View their other companies + combined net worth →
Active

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
Lloyds Bank PLC
A registered charge20/06/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (45 total)

replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-06-24
confirmation-statement
confirmation-statement · CS01
2026-06-18
capital-name-of-class-of-shares
capital · SH08
2026-06-09
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-06-09
capital-alter-shares-subdivision
capital · SH02
2026-06-09
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-06-09
capital-name-of-class-of-shares
capital · SH08
2026-06-09
resolution
resolution · RESOLUTIONS
2026-06-09
capital-alter-shares-subdivision
capital · SH02
2026-06-09
memorandum-articles
incorporation · MA
2026-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-16