DUNRIC LIMITED

💤Zombieactive
SC175641 · ltd · incorporated 1997-05-21
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 May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail sale of hardware, paints and glass in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 28.9y

45/100
under pressure

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

  • · Oldest live charge is 28.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
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
66 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Average employees200200

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-11-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-02-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-02-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 1997-06-11
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  18. 1997-05-21
    🏢
    Company incorporated
    As DUNRIC LIMITED
  19. 1997-05-21
    ➕
    LOW, Irene appointed
    secretary
  20. 1997-05-21
    ➕
    LOW, George appointed
    director
  21. 1997-05-21
    ➕
    REID, Brian appointed
    nominee-secretary
  22. 1997-05-21
    ➖
    REID, Brian resigned
    nominee-secretary
  23. 1997-05-21
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  24. 1997-05-21
    ➖
    MABBOTT, Stephen resigned
    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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — 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 73 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 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr George Low
Individual · British · DOB 09/1953 · age 73
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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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DIRECT SOCCER LIMITED→
SC331369 · est 2007
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——390018y8266y
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SC026803 · est 1949
£3.30M
£2.48M–£4.13M
——20077y8373y
BRECHIN CASTLE CENTRE LIMITED→
SC154663 · est 1994
——£1.79M—31y8378y
A. KELLY LIMITED→
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———160043y8274y
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———220021y8268y
BAG SUPPLIES (FIBC) LTD.→
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——£195.0k—24y8277y
COLIN M SMITH LIMITED→
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SC673331 · est 2020 · no financials extracted
————5y——
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————22y——
THE SLEEP HOUSE LIMITED→
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———————
THE SQUARIE NEWSAGENT LIMITED→
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————12y——
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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
Incorporated1997-05-21
Jurisdictionscotland
Primary SIC47520 — Retail sale of hardware, paints and glass in specialised stores

Registered office

26 Blairs Road
Letham
Angus
DD8 2PE
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (2 active · 2 resigned)

LOW, Irene→
secretary · appointed 1997-05-21
View their other companies + combined net worth →
Active
LOW, George→
director · ~73y · appointed 1997-05-21
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1997-05-21 · resigned 1997-05-21
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1997-05-21 · resigned 1997-05-21
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property11/06/1997—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-12