DOORWORKS LIMITED

💤Zombieactive
SC180906 · ltd · incorporated 1997-11-24
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
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (80/100, director aged 58). 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 (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 19.4y

15/100
under pressure

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

  • · Oldest live charge is 19.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
13 officers (1 active, 13 linked, 7 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
109 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£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Average employees100100

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2026-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2024-10-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-10-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-09-30
    ➖
    THOMSON, Ian Craib resigned
    director
  9. 2024-09-30
    🔒
    Charge registered #3
    Lender: Finewood (Holdings) Limited
  10. 2024-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-03-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-03-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2022-03-30
    🔓
    Charge satisfied #2
  15. 2021-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-12-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2016-09-07
    🔓
    Charge satisfied #1
  21. 2016-01-28
    🔒
    Charge registered #2
    Lender: Aib Group (UK) PLC
  22. 2015-01-21
    ➖
    GALLACHER, David Davidson resigned
    secretary
  23. 2015-01-21
    ➖
    GALLACHER, David Davidson resigned
    director
  24. 2014-09-30
    ➖
    LIVINGSTON, Walter Mcqueen resigned
    director
  25. 2007-01-08
    ➕
    LIVINGSTON, Walter Mcqueen appointed
    director
  26. 2006-11-30
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  27. 2006-11-28
    ➖
    LIVINGSTON, Walter Mcqueen resigned
    director
  28. 2006-07-31
    ➖
    BORTHWICK, John resigned
    secretary
  29. 2006-07-31
    ➕
    GALLACHER, David Davidson appointed
    secretary
  30. 2006-07-31
    ➖
    BORTHWICK, John resigned
    director
  31. 2004-12-01
    ➕
    LIVINGSTON, Walter Mcqueen appointed
    director
  32. 2003-06-27
    ➖
    KNIGHT, Keith George resigned
    director
  33. 2001-10-01
    ➕
    ANDERSON, William appointed
    director
  34. 2001-10-01
    ➕
    BORTHWICK, John appointed
    secretary
  35. 2001-10-01
    ➖
    GALLACHER, David Davidson resigned
    secretary
  36. 2001-10-01
    ➕
    BORTHWICK, John appointed
    director
  37. 2001-10-01
    ➕
    KNIGHT, Keith George appointed
    director
  38. 2001-10-01
    ➕
    THOMSON, Ian Craib appointed
    director
  39. 2000-07-28
    ➖
    CALLOW, Anna resigned
    secretary
  40. 2000-07-28
    ➕
    GALLACHER, David Davidson appointed
    secretary
  41. 1997-12-05
    ➕
    CALLOW, Anna appointed
    secretary
  42. 1997-12-05
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  43. 1997-12-05
    ➕
    GALLACHER, David Davidson appointed
    director
  44. 1997-12-05
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  45. 1997-11-24
    🏢
    Company incorporated
    As DOORWORKS LIMITED
  46. 1997-11-24
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  47. 1997-11-24
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — 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 58. 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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.)

Group structure

Finewood Joinery Products Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Finewood Joinery Products Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
DOORWORKS LIMITED
This company · SC180906

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Finewood Joinery Products Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/09/2024
1 historic (ceased) PSC
  • Mr Ian Craib Thomsonceased 30/09/2024· 75-100% shares · 75-100% voting · board control

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
Incorporated1997-11-24
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

4 Valentine Court
Dunsinane Industrial Estate
Dundee
DD2 3QB

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21

Officers (1 active · 12 resigned)

ANDERSON, William→
director · ~58y · appointed 2001-10-01
View their other companies + combined net worth →
Active
BORTHWICK, John→
secretary · appointed 2001-10-01 · resigned 2006-07-31
Resigned
CALLOW, Anna→
secretary · appointed 1997-12-05 · resigned 2000-07-28
Resigned
GALLACHER, David Davidson→
secretary · appointed 2006-07-31 · resigned 2015-01-21
Resigned
GALLACHER, David Davidson→
secretary · appointed 2000-07-28 · resigned 2001-10-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1997-11-24 · resigned 1997-12-05
Resigned
BORTHWICK, John→
director · ~80y · appointed 2001-10-01 · resigned 2006-07-31
Resigned
GALLACHER, David Davidson→
director · ~75y · appointed 1997-12-05 · resigned 2015-01-21
Resigned
KNIGHT, Keith George→
director · ~77y · appointed 2001-10-01 · resigned 2003-06-27
Resigned
LIVINGSTON, Walter Mcqueen→
director · ~66y · appointed 2007-01-08 · resigned 2014-09-30
Resigned
LIVINGSTON, Walter Mcqueen→
director · ~66y · appointed 2004-12-01 · resigned 2006-11-28
Resigned
THOMSON, Ian Craib→
director · ~71y · appointed 2001-10-01 · resigned 2024-09-30
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1997-11-24 · resigned 1997-12-05
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Finewood (Holdings)
Finewood (Holdings) Limited
A registered charge—30/09/2024—
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge—28/01/201630/03/2022
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property30/11/200607/09/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-16
termination-director-company-with-name-termination-date
officers · TM01
2024-10-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-19
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-30