DOBBIE & MICHIE LIMITED

🌳Matureactive
SC243747 · ltd · incorporated 2003-02-11
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£161.7k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Floor and wall covering
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 23.1y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 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 (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
55 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £161,675
Net assets shrinking
Down £25,855 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£162k
↓ 14% YoY
Current Assets
£78k
~ YoY
Current Liabilities
—
£0£38k£75k£113k£150k£188kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£167.2k£195.2k
Current assets£78.1k£78.5k
Net assets£161.7k£187.5k

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 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-09-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-02-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-02-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-07-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-02-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2003-04-03
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  17. 2003-02-11
    🏢
    Company incorporated
    As DOBBIE & MICHIE LIMITED
  18. 2003-02-11
    ➕
    DOBBIE, Andrew Alexander appointed
    secretary
  19. 2003-02-11
    ➕
    DOBBIE, Andrew Alexander appointed
    director
  20. 2003-02-11
    ➕
    DOBBIE, Norman George appointed
    director
  21. 2003-02-11
    ➕
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  22. 2003-02-11
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  23. 2003-02-11
    ➕
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  24. 2003-02-11
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

99/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "DOBBIE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Alexander Dobbie
Individual · British · DOB 03/1968 · age 58
25–50%
—25-50% shares06/04/2016
Mr Norman George Dobbie
Individual · British · DOB 10/1970 · age 56
25–50%
—25-50% shares06/04/2016

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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.

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Company details

Statusactive
Typeltd
Incorporated2003-02-11
Jurisdictionscotland
Primary SIC43330 — Floor and wall covering

Registered office

81 High Street
Hawick
Roxburghshire
TD9 9BL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (3 active · 2 resigned)

DOBBIE, Andrew Alexander→
secretary · appointed 2003-02-11
View their other companies + combined net worth →
Active
DOBBIE, Andrew Alexander→
director · ~58y · appointed 2003-02-11
View their other companies + combined net worth →
Active
DOBBIE, Norman George→
director · ~56y · appointed 2003-02-11
View their other companies + combined net worth →
Active
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-02-11 · resigned 2003-02-11
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-02-11 · resigned 2003-02-11
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 property03/04/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-04