DODDS OF TROON LIMITED

🌳Matureactive
SC016437 · private-limited-guarant-nsc · incorporated 1931-05-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
£677.2k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 49390
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 5 lenders · oldest 34.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 34.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 6 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £677,163
Cash YoY
+53%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£422k
↑ 53% YoY
Net Worth
£677k
↑ 6.6% YoY
Current Assets
Current Liabilities
£0£135k£271k£406k£542k£677kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Cash£422.5k£276.6k
Net assets£677.2k£635.4k

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

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-06-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2020-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2020-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2020-01-21
    🔓
    Charge satisfied #11
  14. 2020-01-21
    🔓
    Charge satisfied #8
  15. 2020-01-21
    🔓
    Charge satisfied #3
  16. 2019-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 1994-06-22
    🔒
    Charge registered #11
    Lender: Alexander Leonard Aitkenhead and Others as Trustees
  20. 1994-06-22
    🔒
    Charge registered #9
    Lender: The Governor and Company of the Bank of Scotland
  21. 1994-06-13
    🔒
    Charge registered #8
    Lender: Scottish & Newcastle PLC
  22. 1994-06-13
    🔒
    Charge registered #7
    Lender: The Governor and Company of the Bank of Scotland
  23. 1993-05-05
    DODDS, Norma Margaret appointed
    director
  24. 1993-05-05
    🔓
    Charge satisfied #4
  25. 1993-05-04
    DODDS, Douglas James appointed
    secretary
  26. 1993-05-04
    DODDS, James appointed
    director
  27. 1993-05-04
    CUMMING, Derek S resigned
    secretary
  28. 1993-05-04
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  29. 1993-03-11
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  30. 1993-02-26
    CRAIG, Frederick John Robert resigned
    director
  31. 1992-04-21
    🔒
    Charge registered #3
    Lender: John D. Gemmell Limited and Their Successors
  32. 1992-03-31
    CUMMING, Derek S appointed
    secretary
  33. 1992-03-31
    WHATMORE, Muriel resigned
    director
  34. 1990-07-24
    DODDS, Norman Robert resigned
    director
  35. 1990-07-10
    CRAIG, Frederick John Robert appointed
    director
  36. 1931-05-19
    🏢
    Company incorporated
    As DODDS OF TROON LIMITED

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "DODDS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 81 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 95 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Norma Margaret Dodds
Individual · British · DOB 08/1948 · age 78
2550%
25-50% shares08/09/2016
Mr James Dodds
Individual · British · DOB 11/1957 · age 69
2550%
25-50% shares08/09/2016
Mr Douglas James Dodds
Individual · British · DOB 02/1945 · age 81
2550%
25-50% shares08/09/2016

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

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
Typeprivate-limited-guarant-nsc
Incorporated1931-05-19
Jurisdictionscotland
Primary SIC49390 — SIC 49390

Registered office

4 East Road
Ayr
KA8 9BA
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (4 active · 4 resigned)

DODDS, Douglas James
secretary · appointed 1993-05-04
View their other companies + combined net worth →
Active
DODDS, Douglas James
director · ~81y
View their other companies + combined net worth →
Active
DODDS, James
director · ~69y · appointed 1993-05-04
View their other companies + combined net worth →
Active
DODDS, Norma Margaret
director · ~78y · appointed 1993-05-05
View their other companies + combined net worth →
Active
CUMMING, Derek S
secretary · appointed 1992-03-31 · resigned 1993-05-04
Resigned
CRAIG, Frederick John Robert
director · ~83y · appointed 1990-07-10 · resigned 1993-02-26
Resigned
DODDS, Norman Robert
director · ~111y · resigned 1990-07-24
Resigned
WHATMORE, Muriel
director · ~107y · resigned 1992-03-31
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Alexander Leonard Aitkenhead and Others as Trustees
Standard security1 property22/06/199421/01/2020
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property22/06/1994
satisfied
Scottish & Newcastle
Scottish & Newcastle PLC
Standard security1 property13/06/199421/01/2020
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/06/1994
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property04/05/1993
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property11/03/199305/05/1993
satisfied
John D. Gemmell and Their Successors
John D. Gemmell Limited and Their Successors
Standard security1 property21/04/199221/01/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (117 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-24