D.M.H. LETTINGS LTD

💤Zombieactive
SC163754 · ltd · incorporated 1996-02-28
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
Upgrade to see
Turnover
year to Feb 2025
Net worth
£308.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 26.5y

45/100
under pressure

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

  • · Oldest live charge is 26.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 105 (micro)
Positive net assets
Net assets £308,836
Net assets shrinking
Down £10,105 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£309k
↓ 3.2% YoY
Current Assets
£16k
↓ 36% YoY
Current Liabilities
£0£64k£128k£191k£255k£319kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£308.8k£318.9k
Current assets£16.2k£25.3k
Net assets£308.8k£318.9k

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
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2025-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-10-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-25
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2017-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-10-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2003-02-01
    FLOWERS, Terry Lee appointed
    secretary
  17. 2003-02-01
    HIDDLESTON, Christine Williamson resigned
    secretary
  18. 2001-12-18
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  19. 1999-11-08
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 1996-02-28
    🏢
    Company incorporated
    As D.M.H. LETTINGS LTD
  21. 1996-02-28
    HIDDLESTON, David Mcivor appointed
    director
  22. 1996-02-28
    HIDDLESTON, Christine Williamson appointed
    secretary
  23. 1996-02-28
    REID, Brian appointed
    nominee-secretary
  24. 1996-02-28
    REID, Brian resigned
    nominee-secretary
  25. 1996-02-28
    MABBOTT, Stephen appointed
    nominee-director
  26. 1996-02-28
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

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 David Mcivor Hiddleston
Individual · British · DOB 06/1966 · age 60
5075%
50-75% shares06/04/2016
Ms Terry Lee Flowers
Individual · Canadian · DOB 08/1960 · age 66
2550%
25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1996-02-28
Jurisdictionscotland
Primary SIC55900 — Other accommodation

Registered office

14 Links Road
Lundin Links
Leven
KY8 6AT
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (2 active · 3 resigned)

FLOWERS, Terry Lee
secretary · appointed 2003-02-01
View their other companies + combined net worth →
Active
HIDDLESTON, David Mcivor
director · ~60y · appointed 1996-02-28
View their other companies + combined net worth →
Active
HIDDLESTON, Christine Williamson
secretary · appointed 1996-02-28 · resigned 2003-02-01
Resigned
REID, Brian
nominee-secretary · appointed 1996-02-28 · resigned 1996-02-28
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1996-02-28 · resigned 1996-02-28
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property18/12/2001
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/11/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (80 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-17
change-person-secretary-company-with-change-date
officers · CH03
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-10