D R BROWN CONTRACTS LTD

💤Zombieactive
13991038 · ltd · incorporated 2022-03-21
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 Mar 2025
Net worth
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees0

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

Recent activity

Last 30 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-07-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-06-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-12-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-03-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-03-21
    🏢
    Company incorporated
    As D R BROWN CONTRACTS LTD
  10. 2022-03-21
    BROWN, David Romanus appointed
    director
  11. 2022-03-21
    📄
    incorporation-company
    incorporation · NEWINC

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.
  • +Founder name in company name: Company name contains director surname "BROWN" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-26

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Romanus Brown
Individual · British · DOB 04/1950 · age 76
2550%
25–50%25-50% shares · 25-50% voting21/03/2022
Mr David Kilby-Brown
Individual · British · DOB 04/1950 · age 76
2550%
25–50%25-50% shares · 25-50% voting21/03/2022

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 →
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Company details

Statusactive
Typeltd
Incorporated2022-03-21
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Office 302, Breckland Business Centre
St. Withburga Lane
Dereham
Norfolk
NR19 1FD
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-26OVERDUE
Last: 2025-06-12

Officers (1 active · 0 resigned)

BROWN, David Romanus
director · ~76y · appointed 2022-03-21
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-07-07
dissolution-application-strike-off-company
dissolution · DS01
2026-06-23
accounts-with-accounts-type-dormant
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-20
accounts-with-accounts-type-dormant
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-01
incorporation-company
incorporation · NEWINC
2022-03-21