DAVID BAND (METALS) LIMITED
Opportunity 53/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 78). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · 2 lenders · oldest 49.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 49.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (33 events)Click to expand
- 2025-10-07⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-10-07🏁Company dissolved
- 2025-07-07⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2023-10-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-17📄resolutionresolution · RESOLUTIONS
- 2022-10-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-30📄resolutionresolution · RESOLUTIONS
- 2021-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-02-22🔓Charge satisfied #2
- 2016-10-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-04-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-02-01➕CALDOW, Karen appointedsecretary
- 2015-02-01➖LANG, Isabella Shepherd resignedsecretary
- 2015-01-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2006-03-31➕LANG, Isabella Shepherd appointedsecretary
- 2006-03-31➖MCGILL, Helen Joan resignedsecretary
- 2006-03-31➖MARSHALL, Jean Donna resigneddirector
- 2000-05-16➖SMITH, Donald resigneddirector
- 1998-09-30➖BAND, Gordon Cameron resigneddirector
- 1994-09-21➖LOCHRIE, Andrew resigneddirector
- 1992-03-23🔒Charge registered #2Lender: D.S. (Lauderdale Properties) LTD
- 1990-11-07➕MCGILL, Helen Joan appointeddirector
- 1990-11-07➕MARSHALL, Jean Donna appointeddirector
- 1977-03-18🔒Charge registered #1Lender: Donald Smith & Son (Metals) LTD
- 1975-10-16🏢Company incorporatedAs DAVID BAND (METALS) LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 51 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-10-07
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-10-07: gazette-dissolved-liquidation; 2025-07-07: liquidation-voluntary-members-return-of-final-meeting-scotland
Group structure
Donald Smith And Son (Metals) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Donald Smith And Son (Metals) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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11 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 →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
Registered office
Filing status
Officers (0 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | D.S. (Lauderdale Properties) D.S. (Lauderdale Properties) LTD | Standard security | 1 property | 23/03/1992 | 22/02/2018 | |
| outstanding | Donald Smith & Son (Metals) Donald Smith & Son (Metals) LTD | Floating charge | 1 property | 18/03/1977 | — |