DOUGH RE MI LIMITED

💤Zombieactive

SC275559 · ltd · incorporated 2004-11-03

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 Nov 2025

Net worth

£-271

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). 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 (73/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (2 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

55 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £271

Net assets shrinking

Down £5,073 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£271

↓ 106% YoY

Current Assets

£7k

↓ 30% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-11-30	2024-11-30
Total assets	£2.4k	£6.7k
Current assets	£6.9k	£9.9k
Debtors	£6.4k	£8.9k
Net assets	£-271	£4.8k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-04-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-01-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-03-27
➖
MILLIGAN, Peter resigned
director
2004-11-03
🏢
Company incorporated
As DOUGH RE MI LIMITED
2004-11-03
➕
BADIHI KAPLAN, Inbal appointed
secretary
2004-11-03
➕
BADIHI, Nir appointed
director
2004-11-03
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-11-03
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-11-03
➕
MILLIGAN, Peter appointed
director
2004-11-03
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-11-03
➖
STEPHEN MABBOTT LTD. resigned
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 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — 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 59. 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 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Nir Badihi Individual · Israeli · DOB 12/1967 · age 59	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Inbal Badihi Kaplan Individual · Israeli · DOB 06/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Food & drink · EH postcode area

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COFFEE NEXUS LIMITED→ SC355513 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
COOKALET LTD→ SC837881 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
DIAGEO SCOTLAND LIMITED→ SC000750 · est 1877 · no financials extracted	—	—	—	—	148y	—	—
FIRENZE GELATO LTD→ SC777954 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
FRASER BROADWAY LTD→ SC812225 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GENIUS FOODS LIMITED→ SC344777 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
GLENRATH EGG PRODUCTS LIMITED→ SC440740 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
GLUNUT LTD→ SC856882 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HKER BAKERY LTD→ SC726326 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
INVERBURN LIMITED→ SC158525 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
IT'S BS LIMITED→ SC784333 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
J & W HARDIE LIMITED→ SC162555 · est 1996 · no financials extracted	—	—	—	—	30y	—	—

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

Incorporated2004-11-03

Jurisdictionscotland

Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

102 Buckstone Road

Edinburgh

Midlothian

EH10 6UT

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-11-17

Last: 2025-11-03

Officers (2 active · 3 resigned)

BADIHI KAPLAN, Inbal→

secretary · appointed 2004-11-03

View their other companies + combined net worth →

Active

BADIHI, Nir→

director · ~59y · appointed 2004-11-03

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2004-11-03 · resigned 2004-11-03

Resigned

MILLIGAN, Peter→

director · ~61y · appointed 2004-11-03 · resigned 2006-03-27

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2004-11-03 · resigned 2004-11-03

Resigned

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