DENSBRIDGE LIMITED

💤Zombieactive
SC177639 · ltd · incorporated 1997-08-01
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 Aug 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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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
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 28.4y

15/100
under pressure

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

  • · Oldest live charge is 28.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 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
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31

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
6
filings
  • 3 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Last 180 days
6
filings
  • 3 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2026-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2026-02-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-10-04
    SUTTIE, Martin Ian appointed
    director
  7. 2025-10-04
    SUTTIE, Ian Alexander, Mr. resigned
    director
  8. 2025-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2024-05-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-05-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-05-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-02-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-07-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-05-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-07-26
    🔓
    Charge satisfied #4
  18. 2009-07-17
    GEORGE, Steven Richard resigned
    secretary
  19. 2009-03-31
    GEORGE, Steven Richard appointed
    secretary
  20. 2009-03-31
    PETERKINS, SOLICITORS resigned
    corporate-nominee-secretary
  21. 2007-01-12
    FONG, Nicola Ann resigned
    director
  22. 2004-03-23
    🔓
    Charge satisfied #3
  23. 2004-03-23
    🔓
    Charge satisfied #2
  24. 2004-03-19
    🔓
    Charge satisfied #1
  25. 2004-01-14
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  26. 2000-04-10
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Scotland PLC
  27. 1998-07-23
    FONG, David resigned
    director
  28. 1998-07-23
    FONG, Nicola Ann appointed
    director
  29. 1998-03-11
    🔒
    Charge registered #2
    Lender: Tsb Bank Scotland PLC
  30. 1998-01-13
    🔒
    Charge registered #1
    Lender: Tsb Bank Scotland PLC
  31. 1997-12-29
    FONG, David appointed
    director
  32. 1997-12-29
    MACNIVEN, Duncan Angus resigned
    director
  33. 1997-12-29
    SUTTIE, Ian Alexander, Mr. appointed
    director
  34. 1997-12-24
    RENNIE, Thomas George resigned
    nominee-director
  35. 1997-08-01
    🏢
    Company incorporated
    As DENSBRIDGE LIMITED
  36. 1997-08-01
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  37. 1997-08-01
    MACNIVEN, Duncan Angus appointed
    director
  38. 1997-08-01
    RENNIE, Thomas George appointed
    nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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.

Group structure

Shepherd & Wedderburn (Trustees) Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Shepherd & Wedderburn (Trustees) Limited
Corporate parent
DENSBRIDGE LIMITED
This company · SC177639

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Dorothy Elizabeth Suttie
Individual · British · DOB 09/1947 · age 79
sig. influencesignificant influence04/10/2025
Shepherd & Wedderburn (Trustees) Limited
Corporate entity
sig. influencesignificant influence04/10/2025
1 historic (ceased) PSC
  • Mr Ian Alexander Suttieceased 04/10/2025· 75-100% shares · significant influence

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

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
Incorporated1997-08-01
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

First Integrated House Broadfold Road
Bridge Of Don
Aberdeen
AB23 8EE
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (1 active · 7 resigned)

SUTTIE, Martin Ian
director · ~48y · appointed 2025-10-04
View their other companies + combined net worth →
Active
GEORGE, Steven Richard
secretary · appointed 2009-03-31 · resigned 2009-07-17
Resigned
PETERKINS, SOLICITORS
corporate-nominee-secretary · appointed 1997-08-01 · resigned 2009-03-31
Resigned
FONG, David
director · ~77y · appointed 1997-12-29 · resigned 1998-07-23
Resigned
FONG, Nicola Ann
director · ~64y · appointed 1998-07-23 · resigned 2007-01-12
Resigned
MACNIVEN, Duncan Angus
director · ~60y · appointed 1997-08-01 · resigned 1997-12-29
Resigned
RENNIE, Thomas George
nominee-director · ~79y · appointed 1997-08-01 · resigned 1997-12-24
Resigned
SUTTIE, Ian Alexander, Mr.
director · ~79y · appointed 1997-12-29 · resigned 2025-10-04
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property14/01/200426/07/2013
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property10/04/200023/03/2004
satisfied
Lloyds Banking Group
Tsb Bank Scotland PLC
Standard security1 property11/03/199823/03/2004
satisfied
Lloyds Banking Group
Tsb Bank Scotland PLC
Bond & floating charge1 property13/01/199819/03/2004

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
termination-director-company-with-name-termination-date
officers · TM01
2026-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-27
appoint-person-director-company-with-name-date
officers · AP01
2026-02-27
accounts-with-accounts-type-dormant
accounts · AA
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-dormant
accounts · AA
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-dormant
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-09
accounts-with-accounts-type-dormant
accounts · AA
2022-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20