D A H (GLASGOW) LIMITED

💤Zombieactive
SC370219 · ltd · incorporated 2009-12-16
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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 Jan 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 16.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 16.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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, 2 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
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
52 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£6k£11k£17k£22k£28kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-30
Total assets—£33.2k
Current assets—£27.9k
Cash—£27.9k
Net assets—£17.9k
Average employees5—

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-12
    ➖
    MULVEY, Paul resigned
    director
  7. 2022-09-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-04-01
    ➕
    ARGUE, Joanne appointed
    director
  11. 2021-01-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-01-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2020-12-09
    ➖
    MCLEISH, Susan resigned
    director
  14. 2020-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-11-09
    ➕
    MULVEY, Paul appointed
    director
  16. 2020-11-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2010-06-23
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  22. 2009-12-16
    🏢
    Company incorporated
    As D A H (GLASGOW) LIMITED
  23. 2009-12-16
    ➕
    COSEC LIMITED appointed
    corporate-secretary
  24. 2009-12-16
    ➖
    COSEC LIMITED resigned
    corporate-secretary
  25. 2009-12-16
    ➕
    MCLEISH, Susan appointed
    director
  26. 2009-12-16
    ➕
    MCMEEKIN, James Stuart appointed
    director
  27. 2009-12-16
    ➖
    MCMEEKIN, James Stuart resigned
    director
  28. 2009-12-16
    ➕
    COSEC LIMITED appointed
    corporate-director
  29. 2009-12-16
    ➖
    COSEC LIMITED resigned
    corporate-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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple 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.
  • secondaryStable-but-static management: Company is 16 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%
NameSharesVoting rightsNature of controlNotified
Mr Paul Mulvey
Individual · Scottish · DOB 06/1976 · age 50
75–100%
75–100%board control75-100% shares · 75-100% voting · board control09/12/2020
1 historic (ceased) PSC
  • Mrs Susan Mcleishceased 09/12/2020· 75-100% shares · 75-100% voting · board control

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

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
Incorporated2009-12-16
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due: 2026-10-30
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16

Officers (1 active · 5 resigned)

ARGUE, Joanne→
director · ~48y · appointed 2021-04-01
View their other companies + combined net worth →
Active
COSEC LIMITED→
corporate-secretary · appointed 2009-12-16 · resigned 2009-12-16
Resigned
MCLEISH, Susan→
director · ~56y · appointed 2009-12-16 · resigned 2020-12-09
Resigned
MCMEEKIN, James Stuart→
director · ~59y · appointed 2009-12-16 · resigned 2009-12-16
Resigned
MULVEY, Paul→
director · ~50y · appointed 2020-11-09 · resigned 2022-09-12
Resigned
COSEC LIMITED→
corporate-director · appointed 2009-12-16 · resigned 2009-12-16
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
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property23/06/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
termination-director-company-with-name-termination-date
officers · TM01
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28
appoint-person-director-company-with-name-date
officers · AP01
2021-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-24