THISTLE DUBH CONSULTING LIMITED

💤Zombieactive
SC389111 · ltd · incorporated 2010-11-18
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 Apr 2025
Net worth
£28.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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 (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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £28,602
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £13,827 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£29k
↓ 33% YoY
Current Assets
£316k
↑ 11% YoY
Current Liabilities
—
£0£63k£126k£189k£252k£316kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£324.7k£302.9k
Current assets£315.6k£285.6k
Net assets£28.6k£42.4k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2022-11-30
    ➖
    MCKAY, David Alexander resigned
    secretary
  6. 2022-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2015-10-23
    ➖
    CAMERON, Ruth Jane resigned
    secretary
  17. 2015-10-23
    ➕
    MCKAY, David Alexander appointed
    secretary
  18. 2015-10-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2011-12-20
    ➕
    CAMERON, Ruth Jane appointed
    secretary
  20. 2010-11-18
    🏢
    Company incorporated
    As THISTLE DUBH CONSULTING LIMITED
  21. 2010-11-18
    ➕
    CAMERON, Frances Margaret appointed
    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 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Frances Margaret Cameron
Individual · Scottish · DOB 10/1963 · age 63
75–100%
—75-100% shares06/04/2016

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

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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
Incorporated2010-11-18
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

10 Abbey Park Place
Dunfermline
Fife
KY12 7NZ

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-29
Last: 2025-11-15

Officers (1 active · 2 resigned)

CAMERON, Frances Margaret→
director · ~63y · appointed 2010-11-18
View their other companies + combined net worth →
Active
CAMERON, Ruth Jane→
secretary · appointed 2011-12-20 · resigned 2015-10-23
Resigned
MCKAY, David Alexander→
secretary · appointed 2015-10-23 · resigned 2022-11-30
Resigned

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

Recent filings (49 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
termination-secretary-company-with-name-termination-date
officers · TM02
2022-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-03