DMS (SHELF) NO. 248 LIMITED

🌳Matureactive
SC307722 · ltd · incorporated 2006-08-30
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.3y old — refinance window within 12 months
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 Aug 2025
Net worth
£33.1k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (73/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 19.3y

50/100
clean up first

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

  • · Oldest live charge is 19.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 10 with DOB)
85
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
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
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 £33,094
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£33k
~ YoY
Current Assets
—
Current Liabilities
—
£0£7k£13k£20k£26k£33kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£33.1k£33.1k
Net assets£33.1k£33.1k

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 (47 events)Click to expand
  1. 2025-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-06-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-01-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-03-03
    ➕
    DONALDSON, Forde appointed
    secretary
  8. 2021-03-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-03-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2021-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-02-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-01-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2020-12-05
    ➕
    DONALDSON, Forde appointed
    director
  14. 2020-12-01
    ➖
    ROUGH, Stewart Harley resigned
    secretary
  15. 2020-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-08-30
    ➖
    MACDONALD, Alan Gillies resigned
    director
  17. 2020-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2018-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-05-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2018-05-02
    🔓
    Charge satisfied #3
  23. 2018-05-02
    🔓
    Charge satisfied #2
  24. 2018-05-02
    🔓
    Charge satisfied #1
  25. 2017-06-14
    ➖
    WARD, Liam Joseph resigned
    director
  26. 2015-08-27
    ➖
    SHORT, Alexander resigned
    director
  27. 2015-08-27
    ➕
    WARD, Liam Joseph appointed
    director
  28. 2011-02-01
    ➕
    PRICE, Martha appointed
    director
  29. 2011-01-30
    ➕
    SHEIKH, Waseem appointed
    director
  30. 2010-03-12
    ➖
    ALI, Rafiq resigned
    director
  31. 2008-10-31
    ➖
    SHEIKH, Kashif resigned
    director
  32. 2008-10-30
    ➕
    ALI, Rafiq appointed
    director
  33. 2007-04-11
    🔒
    Charge registered #4
    Lender: The Secretary of State for Defence
  34. 2007-04-11
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  35. 2007-04-11
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  36. 2007-03-29
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  37. 2006-09-01
    ➕
    ROUGH, Stewart Harley appointed
    secretary
  38. 2006-09-01
    ➖
    DM SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  39. 2006-09-01
    ➖
    LESLIE, Forbes Gillies resigned
    nominee-director
  40. 2006-09-01
    ➕
    MACDONALD, Alan Gillies appointed
    director
  41. 2006-09-01
    ➖
    MACLEOD, Colin Neil resigned
    nominee-director
  42. 2006-09-01
    ➕
    SHEIKH, Kashif appointed
    director
  43. 2006-09-01
    ➕
    SHORT, Alexander appointed
    director
  44. 2006-08-30
    🏢
    Company incorporated
    As DMS (SHELF) NO. 248 LIMITED
  45. 2006-08-30
    ➕
    DM SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  46. 2006-08-30
    ➕
    LESLIE, Forbes Gillies appointed
    nominee-director
  47. 2006-08-30
    ➕
    MACLEOD, Colin Neil appointed
    nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 20 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Algebra (Dundonald) Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Dawn Highfield Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
DMS (SHELF) NO. 248 LIMITED
This company · SC307722

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Algebra (Dundonald) Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting01/08/2016
Dawn Highfield Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting01/08/2016

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

8 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
Incorporated2006-08-30
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

18 Taylor Street
Ayr
KA8 8AU
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26

Officers (4 active · 9 resigned)

DONALDSON, Forde→
secretary · appointed 2021-03-03
View their other companies + combined net worth →
Active
DONALDSON, Forde→
director · ~35y · appointed 2020-12-05
View their other companies + combined net worth →
Active
PRICE, Martha→
director · ~71y · appointed 2011-02-01
View their other companies + combined net worth →
Active
SHEIKH, Waseem→
director · ~58y · appointed 2011-01-30
View their other companies + combined net worth →
Active
ROUGH, Stewart Harley→
secretary · appointed 2006-09-01 · resigned 2020-12-01
Resigned
DM SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2006-08-30 · resigned 2006-09-01
Resigned
ALI, Rafiq→
director · ~54y · appointed 2008-10-30 · resigned 2010-03-12
Resigned
LESLIE, Forbes Gillies→
nominee-director · ~72y · appointed 2006-08-30 · resigned 2006-09-01
Resigned
MACDONALD, Alan Gillies→
director · ~78y · appointed 2006-09-01 · resigned 2020-08-30
Resigned
MACLEOD, Colin Neil→
nominee-director · ~67y · appointed 2006-08-30 · resigned 2006-09-01
Resigned
SHEIKH, Kashif→
director · ~56y · appointed 2006-09-01 · resigned 2008-10-31
Resigned
SHORT, Alexander→
director · ~69y · appointed 2006-09-01 · resigned 2015-08-27
Resigned
WARD, Liam Joseph→
director · ~60y · appointed 2015-08-27 · resigned 2017-06-14
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
The Secretary of State for Defence
Standard security1 property11/04/2007—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/04/200702/05/2018
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/04/200702/05/2018
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property29/03/200702/05/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-dormant
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
accounts-with-accounts-type-dormant
accounts · AA
2021-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-03
appoint-person-secretary-company-with-name-date
officers · AP03
2021-03-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-03
appoint-person-director-company-with-name-date
officers · AP01
2021-02-23