BURGH DEVELOPMENT LTD

💤Zombieactive
SC505424 · ltd · incorporated 2015-05-08
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 May 2024
Net worth
£11.3k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. 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

2 live charges · oldest 10.9y

45/100
under pressure

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

  • · Oldest live charge is 10.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
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 £11,278

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£11k
↑ 212% YoY
Current Assets
£133k
↑ 132% YoY
Current Liabilities
-£10k£19k£47k£76k£105k£133kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-05-312023-05-31
Total assets£11.3k£-10.1k
Current assets£133.4k£57.5k
Net assets£11.3k£-10.1k

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 (23 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-08-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2024-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-07-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-11-23
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  10. 2022-11-23
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  11. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-05-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2022-05-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  14. 2022-04-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2021-07-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2021-07-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2015-07-09
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2015-06-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2015-05-08
    🏢
    Company incorporated
    As BURGH DEVELOPMENT LTD
  22. 2015-05-08
    INNES, Douglas Simon Alan appointed
    secretary
  23. 2015-05-08
    INNES, Douglas Simon Alan 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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • 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
Mr Douglas Simon Alan Innes
Individual · British · DOB 02/1983 · age 43
75100%
75-100% shares06/04/2017

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

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
Incorporated2015-05-08
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

18 Observatory Road
Edinburgh
EH9 3HE
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (2 active · 0 resigned)

INNES, Douglas Simon Alan
secretary · appointed 2015-05-08
View their other companies + combined net worth →
Active
INNES, Douglas Simon Alan
director · ~43y · appointed 2015-05-08
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property09/07/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge08/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-07
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-26
gazette-notice-compulsory
gazette · GAZ1
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-27
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-11-23
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31