DPRO LIMITED

🌳Matureactive

SC291687 · ltd · incorporated 2005-10-13

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

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 Mar 2025

Net worth

£41.2k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Electrical installation

Sector: Construction

ALSO REGISTERED FOR

43999Other specialised construction activities n.e.c.
62012Business and domestic software development

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 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

6 officers (3 active, 6 linked, 3 with DOB)

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

62 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

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

Positive net assets

Net assets £41,194

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£41k

↑ 170% YoY

Current Assets

£167k

~ YoY

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	£37.9k	£-53.8k
Current assets	£166.7k	£166.0k
Net assets	£41.2k	£-59.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-08-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-30
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-22
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-11-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-11-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-15
➕
SMITH, Craig Robert appointed
director
2021-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-27
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2020-10-26
➕
SMITH, Andrew appointed
secretary
2020-10-26
➕
SMITH, Andrew appointed
director
2020-10-26
➖
MCATEER, Jon resigned
secretary
2020-10-26
➖
MCATEER, Brian resigned
director
2020-10-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-26
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-10-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-26
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-10-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2010-10-21
➕
MCATEER, Jon appointed
secretary
2010-10-20
➖
FAIRBAIRN, Nicola resigned
secretary
2005-10-13
🏢
Company incorporated
As DPRO LIMITED
2005-10-13
➕
FAIRBAIRN, Nicola appointed
secretary
2005-10-13
➕
MCATEER, Brian appointed
director

Owner dependency

74/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+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

16/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — SMITH, Craig Robert (same surname) appointed 2021-11-15. Pattern consistent with intra-family handover.
secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Andrew Smith Individual · British · DOB 09/1968 · age 58	75–100%	—	75-100% shares	26/10/2020

1 historic (ceased) PSC

Mr Brian Mcateerceased 26/10/2020· 75-100% shares

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

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STARFISH 9 LTD→ SC358097 · est 2009	£28.53M £20.38M–£36.68M	£26.35M	—	5500	17y	95	68y
ADVANCE FLOORING SOLUTIONS LTD→ SC492317 · est 2014	£3.21M £2.29M–£4.12M	—	—	25	11y	83	58y
LINEAR DESIGN AND CONSTRUCT LIMITED→ SC607605 · est 2018	£3.13M £2.23M–£4.02M	—	—	3400	7y	83	59y
A.C. ELECTRICS (CLELAND) LTD.→ SC269237 · est 2004	—	—	—	—	21y	83	62y
ADVANCE CONSTRUCTION (SCOTLAND) LIMITED→ SC202570 · est 1999 · no financials extracted	—	—	—	—	26y	83	68y
ADVANCE UTILITIES (SCOTLAND) LTD→ SC157842 · est 1995	—	—	—	53	31y	83	68y
BRANNOCK DECORATORS LTD.→ SC218053 · est 2001	—	—	£419.3k	—	25y	83	63y
INTERNOS BUILDERS LTD.→ SC215428 · est 2001	—	—	£306.4k	—	25y	83	82y
JMS PLANT HIRE LIMITED→ SC191902 · est 1998 · no financials extracted	—	—	—	—	27y	83	68y
MAQ (AIR CONDITIONING) LIMITED→ SC314817 · est 2007	—	—	£307.9k	—	19y	83	70y
RSD GLASS WORKS LIMITED→ SC282519 · est 2005	—	—	£78.6k	—	21y	83	66y
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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

Incorporated2005-10-13

Jurisdictionscotland

Primary SIC43210 — Electrical installation

Registered office

6 Sneddon Avenue

Wishaw

ML2 8DX

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-27

Last: 2025-10-13

Officers (3 active · 3 resigned)

SMITH, Andrew→

secretary · appointed 2020-10-26

View their other companies + combined net worth →

Active

SMITH, Andrew→

director · ~58y · appointed 2020-10-26

View their other companies + combined net worth →

Active

SMITH, Craig Robert→

director · ~39y · appointed 2021-11-15

View their other companies + combined net worth →

Active

FAIRBAIRN, Nicola→

secretary · appointed 2005-10-13 · resigned 2010-10-20

Resigned

MCATEER, Jon→

secretary · appointed 2010-10-21 · resigned 2020-10-26

Resigned

MCATEER, Brian→

director · ~49y · appointed 2005-10-13 · resigned 2020-10-26

Resigned

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

Recent filings (62 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-18

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-22

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-06-10

accounts-with-accounts-type-micro-entity

accounts · AA

2024-12-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-08

accounts-with-accounts-type-micro-entity

accounts · AA

2023-12-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-09

change-person-secretary-company-with-change-date

officers · CH03

2023-08-30

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-08-30

change-person-director-company-with-change-date

officers · CH01

2023-08-30

accounts-with-accounts-type-micro-entity

accounts · AA

2022-12-29

confirmation-statement-with-updates

confirmation-statement · CS01

2022-12-03

change-person-director-company-with-change-date

officers · CH01

2021-12-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-08

change-person-secretary-company-with-change-date

officers · CH03

2021-11-22