DCUTILITIES NE LIMITED
💤Zombieactive
14170804 · ltd · incorporated 2022-06-14
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 Jun 2024
Net worth
£487
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 35220
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. 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: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 2.4y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
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 · FRS 105 (micro)Positive net assets
Net assets £487
Net assets shrinking
Down £47,418 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£487
↓ 99% YoY
Current Assets
£47k
↓ 49% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £39.6k | £72.1k |
| Current assets | £46.9k | £91.9k |
| Net assets | £487 | £47.9k |
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 persons-with-significant-control
Last 90 days
3
filings
- • 2 persons-with-significant-control
- • 1 officers
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-06-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-06-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-01➖BIBBY, Dominic resigneddirector
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-01🔒Charge registered #1Lender: Business & Enterprise Finance (Ne) LTD
- 2023-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-11-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-15📄capital-allotment-sharescapital · SH01
- 2023-11-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-01➕BIBBY, Dominic appointeddirector
- 2022-06-14🏢Company incorporatedAs DCUTILITIES NE LIMITED
- 2022-06-14➕CAINE, Darren appointeddirector
- 2022-06-14📄incorporation-companyincorporation · NEWINC
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
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 Darren Caine Individual · British Virgin Islander · DOB 01/1976 · age 50 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/06/2022 |
1 historic (ceased) PSC
- Mr Dominic Bibbyceased 01/02/2026· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| AGRICORE2 LTD→ 13553139 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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| CONNOR'S HEATING SOLUTIONS LTD→ 11412062 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| CVC CONTRACTORS LTD→ 16266198 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| D3LTA ENERGY LTD→ 17111685 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ECO ENERG SOLUTIONS LIMITED→ 06063207 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
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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
Incorporated2022-06-14
Jurisdictionengland-wales
Primary SIC35220 — SIC 35220
Registered office
39 Etherley Lane
Bishop Auckland
DL14 7QZ
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-27
Last: 2025-06-13
Officers (1 active · 1 resigned)
CAINE, Darren→
Activedirector · ~50y · appointed 2022-06-14
View their other companies + combined net worth →
BIBBY, Dominic→
Resigneddirector · ~49y · appointed 2023-01-01 · resigned 2026-02-01
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 | Business & Enterprise Finance (Ne) Business & Enterprise Finance (Ne) LTD | A registered charge | 1 property | 01/02/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (15 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-17
termination-director-company-with-name-termination-date
officers · TM01
2026-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-11-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-15
capital-allotment-shares
capital · SH01
2023-11-15
appoint-person-director-company-with-name-date
officers · AP01
2023-11-15
confirmation-statement
confirmation-statement · CS01
2023-07-11
incorporation-company
incorporation · NEWINC
2022-06-14