DIVOTEND SCOTLAND LTD

💤Zombieactive
SC394060 · ltd · incorporated 2011-02-22
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 Feb 2025
Net worth
£3.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 32300
Sector: Manufacturing
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: 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 (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 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 · FRS 102
Positive net assets
Net assets £3,218

Key financials

1 year extracted from filed iXBRL accounts
Cash
£2k
Net Worth
£3k
Current Assets
£14k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-27
Total assets£3.3k
Current assets£14.4k
Cash£1.5k
Debtors£276
Net assets£3.2k

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
3
filings
  • • 1 persons-with-significant-control
  • • 1 officers
  • • 1 address
Last 90 days
4
filings
  • • 1 persons-with-significant-control
  • • 1 officers
  • • 1 address
Last 180 days
5
filings
  • • 2 accounts
  • • 1 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-11-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2025-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-11-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2024-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-09-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-09-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-07-31
    ➖
    KILBY, Glenn resigned
    director
  13. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-11-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2023-05-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2023-05-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2023-05-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2023-05-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2022-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2011-02-22
    🏢
    Company incorporated
    As DIVOTEND SCOTLAND LTD
  22. 2011-02-22
    ➕
    KILBY, Damian appointed
    director
  23. 2011-02-22
    ➕
    KILBY, Glenn 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
NameSharesVoting rightsNature of controlNotified
Mr Damian Kilby
Individual · Australian · DOB 07/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting24/09/2019
3 historic (ceased) PSCs
  • Mr Damian Kilbyceased 25/04/2023· 50-75% shares
  • Mr Glenn Kilbyceased 31/07/2024· 25-50% shares · 25-50% voting
  • Mr Damian Kilbyceased 25/04/2023· 25-50% shares

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

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
Incorporated2011-02-22
Jurisdictionscotland
Primary SIC32300 — SIC 32300

Registered office

5 South Charlotte Street
Edinburgh
City Of Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-11-27
Last made up to: 2025-02-27
Confirmation statement
Next due: 2026-07-12
Last: 2025-06-28

Officers (1 active · 1 resigned)

KILBY, Damian→
director · ~63y · appointed 2011-02-22
View their other companies + combined net worth →
Active
KILBY, Glenn→
director · ~76y · appointed 2011-02-22 · resigned 2024-07-31
Resigned

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

Recent filings (53 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
change-person-director-company-with-change-date
officers · CH01
2026-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-10
change-person-director-company-with-change-date
officers · CH01
2024-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-10
termination-director-company-with-name-termination-date
officers · TM01
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-01