DERE STREET PROPERTY LIMITED
💤Zombieactive
SC488906 · ltd · incorporated 2014-10-14
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 Oct 2024
Net worth
£19.6k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 10.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £19,629
Net assets shrinking
Down £1,803 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£20k
↓ 8.4% YoY
Current Assets
£4k
↓ 91% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £19.2k | £21.6k |
| Current assets | £3.9k | £44.4k |
| Net assets | £19.6k | £21.4k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-05🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2024-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-12➖MCBRIDE, Justin David resigneddirector
- 2023-09-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-21🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2015-10-15🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2014-10-14🏢Company incorporatedAs DERE STREET PROPERTY LIMITED
- 2014-10-14➕MCBRIDE, Kyle David appointedsecretary
- 2014-10-14➕MCBRIDE, Kyle David appointeddirector
- 2014-10-14➕MCBRIDE, Justin David appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
50/100
Moderate signalSome 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kyle David Mcbride Individual · British · DOB 10/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/05/2016 |
1 historic (ceased) PSC
- Mr Justin David Mcbrideceased 01/10/2023· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| JEFFERSON ELECTRICAL CONTRACTORS LIMITED→ 12021353 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| KZRE LTD→ 14204035 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LOVE LANE MEWS LIMITED→ 06433927 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| MATTWOOD DEVELOPMENTS LTD→ 08670894 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| MGD PROPERTIES LIMITED→ 11416334 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| NE SCAFFOLDING COMPANY LTD→ 15019480 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| NEIL SWINNEY PLUMBING SERVICES LIMITED→ 10673143 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| NSL SIGNALLING CONSULTANCY LTD→ 09923750 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| P8 DESIGN SOLUTIONS LIMITED→ SC853694 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PALMER CAMPBELL LIMITED→ SC405183 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| PALMER OLE ENGINEERING LIMITED→ SC768469 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PARKX INNOVATIVE SOLUTIONS LTD→ SC459767 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2014-10-14
Jurisdictionscotland
Primary SIC43390 — Other building completion and finishing
Registered office
Cottage No 6 Lugate Farm
Stow
Galashiels
Selkirkshire
TD1 2SR
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31
Officers (2 active · 1 resigned)
MCBRIDE, Kyle David→
Activesecretary · appointed 2014-10-14
View their other companies + combined net worth →
MCBRIDE, Kyle David→
Activedirector · ~40y · appointed 2014-10-14
View their other companies + combined net worth →
MCBRIDE, Justin David→
Resigneddirector · ~67y · appointed 2014-10-14 · resigned 2024-07-12
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | A registered charge | 1 property | 05/12/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 21/10/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 15/10/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-25
termination-director-company-with-name-termination-date
officers · TM01
2024-07-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-28