D.A.KENNEDY (DEVELOPMENTS) LIMITED

💤Zombieactive
SC132298 · ltd · incorporated 1991-06-07
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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 Sept 2025
Net worth
£1.25M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 79). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.3 years old — likely at or near maturity.
  • · 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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,253,352
Cash YoY
+117%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£116k
↑ 117% YoY
Net Worth
£1.3m
↑ 4.8% YoY
Current Assets
£133k
↑ 79% YoY
Current Liabilities
£0£251k£501k£752k£1.0m£1.3mSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£1.25M£1.20M
Current assets£133.4k£74.7k
Cash£116.0k£53.5k
Debtors£17.4k£21.2k
Net assets£1.25M£1.20M

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-06
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2024-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-03-31
    🔓
    Charge satisfied #1
  16. 2006-03-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  17. 1991-06-07
    🏢
    Company incorporated
    As D.A.KENNEDY (DEVELOPMENTS) LIMITED
  18. 1991-06-07
    KENNEDY, Helen Pearson appointed
    secretary
  19. 1991-06-07
    KENNEDY, Duncan Alexander appointed
    director
  20. 1991-06-07
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 1991-06-07
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  22. 1991-06-07
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  23. 1991-05-07
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

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 "KENNEDY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100
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 79 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 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Duncan Kennedy
Individual · British · DOB 09/1947 · age 79
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Helen Kennedy
Individual · British · DOB 07/1949 · age 77
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated1991-06-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Midfield Perth Road
Abernethy
Perth
PH2 9LW

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08

Officers (2 active · 2 resigned)

KENNEDY, Helen Pearson
secretary · appointed 1991-06-07
View their other companies + combined net worth →
Active
KENNEDY, Duncan Alexander
director · ~79y · appointed 1991-06-07
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1991-06-07 · resigned 1991-06-07
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1991-06-07 · resigned 1991-05-07
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property12/03/200631/03/2014

Recent filings (91 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-08
capital-name-of-class-of-shares
capital · SH08
2024-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-29