DB T5 LIMITED

💤Zombieactive

SC422886 · ltd · incorporated 2012-04-27

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 opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 90 → 70
· Opportunity score: 74 → 65
· Bankability: 80 → 70
· Distress / opportunity: avoid → speculative

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 3 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 74 → 65
↓Hygiene score: 90 → 70
↓Bankability: 80 → 70
·Distress / opportunity: avoid → speculative

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 Apr 2025

Net worth

—

book net assets

Opportunity

65/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Management consultancy activities other than financial management

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 5.2y

45/100

under pressure

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

· Oldest live charge is 5.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

37 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

65/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-04-30	2024-04-30

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

Recent activity

Last 30 days

filings

• 3 address

Last 90 days

filings

• 3 address

Last 180 days

filings

• 3 address

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-06-18
📍
default-companies-house-registered-office-address-applied
address · RP05
2026-06-18
📍
default-companies-house-service-address-applied-officer
address · RP09
2026-06-18
📍
default-companies-house-service-address-applied-psc
address · RP10
2026-01-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-01-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-10-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-20
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-16
📄
gazette-notice-compulsory
gazette · GAZ1
2023-06-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-28
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-04-23
🔒
Charge registered #1
Lender: Hsbc UK Bank PLC
2020-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2012-04-27
🏢
Company incorporated
As DB T5 LIMITED
2012-04-27
➕
BRAID, David Meldrum appointed
director

Owner dependency

80/100

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.
+No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 14 years.

Red flags

1 high · 1 low

Confirmation statement overdue

high

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

Evidence: Next due: 2026-05-11

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr David Meldrum Braid Individual · British · DOB 01/1972 · age 54	75–100%	—	75-100% shares	27/04/2016

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

Similar companies

Active · Professional services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CHARLES RIVER LABORATORIES EDINBURGH LIMITED→ SC091725 · est 1985	£131.60M £96.97M–£166.24M	£135.39M	—	135900	41y	85	67y
ROBERTSON EDUCATION (ABERDEENSHIRE) HOLDINGS LIMITED→ SC209010 · est 2000	£5.47M £4.03M–£6.91M	—	—	0	25y	85	60y
DSF (2003) LIMITED→ SC144009 · est 1993	£4.70M £3.46M–£5.93M	—	—	7	33y	87	61y
FCC (EAST AYRSHIRE) HOLDINGS LIMITED→ SC300470 · est 2006	£3.99M £2.94M–£5.03M	—	—	0	20y	87	60y
NWH HOLDINGS LIMITED→ SC303441 · est 2006	£3.67M £2.70M–£4.64M	—	—	373	20y	88	61y
BLYTH & BLYTH CONSULTING ENGINEERS LIMITED→ SC241155 · est 2002	£2.78M £2.05M–£3.52M	—	—	93	23y	87	85y
SIBCAS LIMITED→ SC052604 · est 1973	£1.88M £1.39M–£2.38M	—	—	165	53y	88	68y
HORIZON (GP) LIMITED→ SC493523 · est 2014	£45.2k £33.3k–£57.1k	—	—	6	11y	95	66y
3 ED HOLDINGS 2 LIMITED→ SC328040 · est 2007 · no financials extracted	—	—	—	—	18y	83	65y
ACCOUNTING & TAXATION SERVICE LTD→ SC360357 · est 2009 · no financials extracted	—	—	—	—	17y	83	58y
BRINDLEY ASSOCIATES LIMITED→ SC290803 · est 2005	—	—	—	1300	20y	83	59y
CALECON (HOLDINGS) LIMITED→ SC325563 · est 2007	—	—	—	0	19y	83	64y

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

Incorporated2012-04-27

Jurisdictionscotland

Primary SIC70229 — Management consultancy activities other than financial management

Registered office

SC422886 - COMPANIES HOUSE DEFAULT ADDRESS

Edinburgh

EH7 9HR

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-05-11OVERDUE

Last: 2025-04-27

Officers (1 active · 0 resigned)

BRAID, David Meldrum→

director · ~54y · appointed 2012-04-27

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	HSBC Hsbc UK Bank PLC	A registered charge	1 property	23/04/2021	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

default-companies-house-registered-office-address-applied

address · RP05

2026-06-18

default-companies-house-service-address-applied-officer

address · RP09

2026-06-18

default-companies-house-service-address-applied-psc

address · RP10

2026-06-18

accounts-with-accounts-type-dormant

accounts · AA

2026-01-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-26

accounts-with-accounts-type-dormant

accounts · AA

2025-01-30

accounts-with-accounts-type-micro-entity

accounts · AA

2024-10-07

gazette-filings-brought-up-to-date

gazette · DISS40

2024-07-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-18

gazette-notice-compulsory

gazette · GAZ1

2024-07-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-26

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-06-25

accounts-with-accounts-type-micro-entity

accounts · AA

2023-01-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-22

accounts-with-accounts-type-micro-entity

accounts · AA

2022-01-27