D M ASSOCIATES (SCOTLAND) LTD.
💤Zombieactive
SC229281 · ltd · incorporated 2002-03-18
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 Mar 2025
Net worth
£26.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Architectural activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
- 71122Engineering related scientific and technical consulting activities
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £26,032
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£26k
Current Assets
£68k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £35.2k | — |
| Current assets | £67.7k | — |
| Net assets | £26.0k | — |
| Average employees | — | 200 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-10-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-17📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2023-10-17📄capital-name-of-class-of-sharescapital · SH08
- 2023-10-04📄resolutionresolution · RESOLUTIONS
- 2023-10-04📄memorandum-articlesincorporation · MA
- 2023-10-04📄resolutionresolution · RESOLUTIONS
- 2023-10-03📄capital-allotment-sharescapital · SH01
- 2023-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-06📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-09-05➕PENDER, Diane appointedsecretary
- 2022-09-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-12-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-30➖MARSHALL, Irene Jean Geddes resignedsecretary
- 2020-11-30➖MARSHALL, William Duncan resigneddirector
- 2007-03-23➕MARSHALL, Kenneth Peter appointeddirector
- 2002-03-18🏢Company incorporatedAs D M ASSOCIATES (SCOTLAND) LTD.
- 2002-03-18➕MARSHALL, Irene Jean Geddes appointedsecretary
- 2002-03-18➕FIRST SCOTTISH SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-03-18➖FIRST SCOTTISH SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2002-03-18➕MARSHALL, William Duncan appointeddirector
- 2002-03-18➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-nominee-director
- 2002-03-18➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-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 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kenneth Peter Marshall Individual · British · DOB 04/1976 · age 50 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
2 historic (ceased) PSCs
- Mrs Irene Jean Geddes Marshallceased 30/11/2020· 25-50% shares · 25-50% voting
- Mr William Duncan Marshallceased 30/11/2020· 25-50% shares · 25-50% voting
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 · Professional services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D SQUARED ROBOTICS LTD→ SC866016 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| D&W (GLASGOW) LTD.→ SC505453 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DOUGAN ADLER LTD→ SC606069 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DOUGLAS PARK INVESTMENTS LTD→ SC589367 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| DOUGLAS RECRUITMENT LIMITED→ SC801111 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DPD FIRE & SAFETY CONSULTANTS LTD→ SC655255 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| DR SELF ASSESSMENT LTD→ SC786785 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRUM MILLLIG ASSOCIATES LTD→ SC576578 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DUFFY TOSHNER & CO LIMITED→ SC325735 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| DUNELLAN CONSULTANCY LTD→ SC677146 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DUNLAUR SERVICES LIMITED→ SC667921 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DUNLORAN LIMITED→ SC855261 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2002-03-18
Jurisdictionscotland
Primary SIC71111 — Architectural activities
Registered office
167 Whitehill Street
Dennistoun
Glasgow
G31 2LS
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18
Officers (2 active · 4 resigned)
Active
MARSHALL, Kenneth Peter→
Activedirector · ~50y · appointed 2007-03-23
View their other companies + combined net worth →
MARSHALL, Irene Jean Geddes→
Resignedsecretary · appointed 2002-03-18 · resigned 2020-11-30
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-03-18 · resigned 2002-03-18
MARSHALL, William Duncan→
Resigneddirector · ~81y · appointed 2002-03-18 · resigned 2020-11-30
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-03-18 · resigned 2002-03-18
Click a director name to see their full track record across all companies.
Recent filings (90 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-18
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-10-17
capital-name-of-class-of-shares
capital · SH08
2023-10-17
resolution
resolution · RESOLUTIONS
2023-10-04
memorandum-articles
incorporation · MA
2023-10-04
resolution
resolution · RESOLUTIONS
2023-10-04
capital-allotment-shares
capital · SH01
2023-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-18
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20