EAST GREEN DEVELOPMENTS LIMITED

💤Zombieactive
SC404138 · ltd · incorporated 2011-07-26
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 Mar 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 11.4y

30/100
under pressure

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

  • · Oldest live charge is 11.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
6
filings
  • 2 persons-with-significant-control
  • 2 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2025-01-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2024-12-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-11-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-03-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2019-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-03-09
    🔒
    Charge registered #3
    Lender: Rochie Developments Limited
  18. 2016-02-26
    🔒
    Charge registered #2
    Lender: Rochie Developments Limited
  19. 2014-12-19
    🔒
    Charge registered #1
    Lender: Tenant Caledonian Breweries UK Limited
  20. 2013-09-26
    NICOLL, Kenneth appointed
    director
  21. 2013-06-01
    SHARMA, Patricia resigned
    director
  22. 2011-07-26
    🏢
    Company incorporated
    As EAST GREEN DEVELOPMENTS LIMITED
  23. 2011-07-26
    SHARMA, Patricia appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. 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 13 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-10-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Nicoll
Individual · British · DOB 02/1959 · age 67
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/02/2026
1 historic (ceased) PSC
  • Mr Kenneth Nicollceased 27/02/2026· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2011-07-26
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

165 Brook Street
Broughty Ferry
Dundee
DD5 1DJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2025-10-15OVERDUE
Last: 2024-10-01

Officers (1 active · 1 resigned)

NICOLL, Kenneth
director · ~67y · appointed 2013-09-26
View their other companies + combined net worth →
Active
SHARMA, Patricia
director · ~68y · appointed 2011-07-26 · resigned 2013-06-01
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Rochie Developments
Rochie Developments Limited
A registered charge1 property09/03/2016
outstanding
Rochie Developments
Rochie Developments Limited
A registered charge26/02/2016
outstanding
Tenant Caledonian Breweries UK
Tenant Caledonian Breweries UK Limited
A registered charge1 property19/12/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-20
accounts-with-accounts-type-dormant
accounts · AA
2025-12-19
accounts-with-accounts-type-dormant
accounts · AA
2025-12-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-01-14
gazette-notice-compulsory
gazette · GAZ1
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-dormant
accounts · AA
2023-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-05