PLACE D'OR 417 LIMITED

💤Zombieactive
SC162855 · ltd · incorporated 1996-01-24
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
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Turnover
year to Mar 2025
Net worth
£186.9k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 81). 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

3 live charges · 2 lenders · oldest 29.5y

30/100
under pressure

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

  • · Oldest live charge is 29.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
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
82 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 · FRS 105 (micro)
Positive net assets
Net assets £186,860
Net assets shrinking
Down £6,527 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£187k
↓ 3.4% YoY
Current Assets
£15k
↓ 15% YoY
Current Liabilities
£0£39k£77k£116k£155k£193kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£188.1k£195.3k
Current assets£14.9k£17.5k
Net assets£186.9k£193.4k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-09-01
    PATEL, Dilip resigned
    secretary
  6. 2022-09-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2021-10-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-24
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  9. 2020-12-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2017-07-21
    🔓
    Charge satisfied #4
  16. 2016-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-01-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2004-12-14
    🔓
    Charge satisfied #1
  19. 2004-10-21
    🔓
    Charge satisfied #3
  20. 2003-10-01
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  21. 1999-03-03
    MAINI, Ramesh resigned
    director
  22. 1999-02-26
    PATEL, Dilip appointed
    secretary
  23. 1999-02-26
    PETERKINS, SOLICITORS resigned
    corporate-nominee-secretary
  24. 1996-10-30
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  25. 1996-10-28
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  26. 1996-02-29
    CHANDWANI, Ramesh appointed
    director
  27. 1996-02-29
    HUNTER, Neil Cameron resigned
    nominee-director
  28. 1996-02-29
    MAINI, Ramesh appointed
    director
  29. 1996-02-29
    RENNIE, Thomas George resigned
    nominee-director
  30. 1996-01-24
    🏢
    Company incorporated
    As PLACE D'OR 417 LIMITED
  31. 1996-01-24
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  32. 1996-01-24
    HUNTER, Neil Cameron appointed
    nominee-director
  33. 1996-01-24
    RENNIE, Thomas George appointed
    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.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — 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 81 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 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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 Ramesh Chandwani
Individual · British · DOB 03/1945 · age 81
2550%
25-50% shares06/04/2016

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
Incorporated1996-01-24
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

Nether Mains Cottage Torphins
Nether Mains Cottage
Banchory
Aberdeenshire
AB31 4HR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (1 active · 5 resigned)

CHANDWANI, Ramesh
director · ~81y · appointed 1996-02-29
View their other companies + combined net worth →
Active
PATEL, Dilip
secretary · appointed 1999-02-26 · resigned 2022-09-01
Resigned
PETERKINS, SOLICITORS
corporate-nominee-secretary · appointed 1996-01-24 · resigned 1999-02-26
Resigned
HUNTER, Neil Cameron
nominee-director · ~69y · appointed 1996-01-24 · resigned 1996-02-29
Resigned
MAINI, Ramesh
director · ~80y · appointed 1996-02-29 · resigned 1999-03-03
Resigned
RENNIE, Thomas George
nominee-director · ~79y · appointed 1996-01-24 · resigned 1996-02-29
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Standard security1 property01/10/200321/07/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property30/10/199614/12/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property28/10/199621/10/2004

Recent filings (82 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-24
termination-secretary-company-with-name-termination-date
officers · TM02
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-01
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2020-12-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-24