DASH PROPERTIES LIMITED
💤Zombieactive
SC174143 · ltd · incorporated 1997-04-08
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 Apr 2025
Net worth
£1.57M
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -94% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 25.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
96 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
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,570,319
Net assets shrinking
Down £60,025 YoY
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 94% YoY
Net Worth
£1.6m
↓ 3.7% YoY
Current Assets
£1.1m
↓ 5.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £1.60M | £1.66M |
| Current assets | £1.10M | £1.17M |
| Cash | £3.5k | £55.9k |
| Debtors | £1.10M | £1.11M |
| Net assets | £1.57M | £1.63M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-06-14📄gazette-notice-compulsorygazette · GAZ1
- 2021-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-14➖MILNE, Derek resigneddirector
- 2020-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-01-28🔓Charge satisfied #1
- 2019-05-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-03-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-03-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2000-06-21🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1997-06-17➕MILNE, David appointedsecretary
- 1997-06-17➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
- 1997-04-17➕MILNE, David appointeddirector
- 1997-04-17➕MILNE, Derek appointeddirector
- 1997-04-17➖DURANO LIMITED resignedcorporate-nominee-director
- 1997-04-08🏢Company incorporatedAs DASH PROPERTIES LIMITED
- 1997-04-08➕LEDINGHAM CHALMERS appointedcorporate-nominee-secretary
- 1997-04-08➕DURANO LIMITED appointedcorporate-nominee-director
Owner dependency
85/100
Critical — business is the founderThe 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 29 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Milne Individual · British · DOB 01/1971 · age 55 | 25–50% | — | 25-50% shares | 01/03/2017 |
1 historic (ceased) PSC
- Mr Derek Milneceased 14/07/2021· 25-50% shares
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 →Similar companies
Active · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CASTLEWOOD PARK LIMITED→ SC267888 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| COOPS ESTATES LTD→ SC865556 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COUNSELLING SPACE SCOTLAND LTD→ SC617733 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| D R LAURENCEKIRK LIMITED→ SC746734 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DECC LTD→ SC616627 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DEEVALE INVESTMENTS LIMITED→ SC064747 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| DEPALA LTD→ SC850006 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DESA ABERDEEN LTD→ SC638667 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DH & NW JACKSON LTD→ SC696267 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DIACECI PROPERTIES LIMITED→ SC662482 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DIAL LETS LTD→ SC606402 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DIAMOND APARTMENTS LIMITED→ SC703466 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1997-04-08
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
12 Westholme Avenue
Aberdeen
AB15 6AA
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25
Officers (2 active · 3 resigned)
Active
MILNE, David→
Activedirector · ~55y · appointed 1997-04-17
View their other companies + combined net worth →
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 1997-04-08 · resigned 1997-06-17
MILNE, Derek→
Resigneddirector · ~95y · appointed 1997-04-17 · resigned 2021-07-14
DURANO LIMITED→
Resignedcorporate-nominee-director · appointed 1997-04-08 · resigned 1997-04-17
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 21/06/2000 | 28/01/2020 |
Recent filings (96 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-15
gazette-notice-compulsory
gazette · GAZ1
2022-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
termination-director-company-with-name-termination-date
officers · TM01
2021-07-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-21