DUNEDIN STONE LIMITED

🌳Matureactive
SC120369 · ltd · incorporated 1989-09-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 35.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 23700
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 35.5y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 35.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees161500

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

🔒Filing-note intelligence

4 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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-12-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-10-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-12-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-10-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-11-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-11-17
    🔓
    Charge satisfied #1
  17. 2011-09-15
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  18. 2007-05-12
    🔓
    Charge satisfied #3
  19. 2007-05-12
    🔓
    Charge satisfied #2
  20. 2004-05-31
    ➕
    GIBSON, David Alexander appointed
    secretary
  21. 2004-05-31
    ➖
    GIBSON, Jacqueline Sarah resigned
    secretary
  22. 1998-09-01
    ➖
    GIBSON, David Alexander resigned
    secretary
  23. 1998-09-01
    ➕
    GIBSON, Jacqueline Sarah appointed
    secretary
  24. 1993-07-14
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  25. 1991-01-04
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  26. 1990-11-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 1989-11-23
    ➕
    GIBSON, David Alexander appointed
    director
  28. 1989-11-23
    ➕
    GIBSON, Douglas appointed
    director
  29. 1989-11-23
    ➕
    GIBSON, Michael appointed
    director
  30. 1989-11-23
    ➕
    MCBIRNIE, Iain Donaldson appointed
    director
  31. 1989-11-23
    ➕
    GIBSON, David Alexander appointed
    secretary
  32. 1989-09-21
    🏢
    Company incorporated
    As DUNEDIN STONE LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Douglas Gibson
Individual · British · DOB 09/1960 · age 66
——sig. influencesignificant influence06/04/2016

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
Incorporated1989-09-21
Jurisdictionscotland
Primary SIC23700 — SIC 23700

Registered office

3 Lower London Rd.
Edinburgh
EH7 5TL

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-19
Last: 2025-10-05

Officers (5 active · 2 resigned)

GIBSON, David Alexander→
secretary · appointed 2004-05-31
View their other companies + combined net worth →
Active
GIBSON, David Alexander→
director · ~62y · appointed 1989-11-23
View their other companies + combined net worth →
Active
GIBSON, Douglas→
director · ~66y · appointed 1989-11-23
View their other companies + combined net worth →
Active
GIBSON, Michael→
director · ~60y · appointed 1989-11-23
View their other companies + combined net worth →
Active
MCBIRNIE, Iain Donaldson→
director · ~65y · appointed 1989-11-23
View their other companies + combined net worth →
Active
GIBSON, David Alexander→
secretary · appointed 1989-11-23 · resigned 1998-09-01
Resigned
GIBSON, Jacqueline Sarah→
secretary · appointed 1998-09-01 · resigned 2004-05-31
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property15/09/2011—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties14/07/199312/05/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property04/01/199112/05/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/11/199017/11/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-21