D B CHRISTIE ( JOINERS) LTD
💤Zombieactive
SC512877 · ltd · incorporated 2015-08-12
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 Sept 2024
Net worth
£25.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (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: Cash flow review and working-capital discipline. Cash down -40% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 10.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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
1 charges (1/1 with lender, 1/1 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
24 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 · accounting standard not declaredPositive net assets
Net assets £25,104
Cash draining
Cash down 40% YoY
Cash YoY
-40%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£9k
↓ 40% YoY
Net Worth
£25k
↑ 31877% YoY
Current Assets
£114k
↑ 26% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £63.8k | £31.4k |
| Current assets | £113.8k | £90.2k |
| Cash | £8.8k | £14.7k |
| Debtors | £69.2k | £36.5k |
| Net assets | £25.1k | £-79 |
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 (20 events)Click to expand
- 2025-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-30➖CHRISTIE ( SENIOR), David Burns resigneddirector
- 2020-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-01-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-15📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2015-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-10-27🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2015-08-12🏢Company incorporatedAs D B CHRISTIE ( JOINERS) LTD
- 2015-08-12➕CHRISTIE, Joyce appointedsecretary
- 2015-08-12➕CHRISTIE (JUNIOR), David Burns appointeddirector
- 2015-08-12➕CHRISTIE ( SENIOR), David Burns appointeddirector
- 2015-08-12📄incorporation-companyincorporation · NEWINC
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 David Burns Christie (Junior) Individual · British · DOB 01/1973 · age 53 | 25–50% | — | 25-50% shares | 01/08/2016 |
1 historic (ceased) PSC
- Mr David Burns Christie (Senior)ceased 28/09/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BG ROOFING LTD→ SC798799 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| C&D MAINTENANCE LTD→ SC782832 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CARSE OF GOWRIE HOMES LIMITED→ SC558435 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CASEY JOINERS & CABINETMAKERS LTD→ SC881515 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CRAIGIES LIMITED→ SC261361 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| CREATING ROOMS LTD.→ SC460444 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CRIEFF CONSTRUCTION LIMITED→ SC612222 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CROFTNESS DEVELOPMENT LTD→ SC616081 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CS GENERATORS LIMITED→ SC336339 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| D & G BROWN JOINERS LIMITED→ SC274392 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| D D ELECTRICAL CONTRACTORS LTD→ SC393868 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| D FARQUHARSON CONTRACTS LTD→ SC861869 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2015-08-12
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings
Registered office
1 Viewlands Place
Perth
PH1 1BS
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-05-26
Last: 2025-05-12
Officers (2 active · 1 resigned)
Active
CHRISTIE (JUNIOR), David Burns→
Activedirector · ~53y · appointed 2015-08-12
View their other companies + combined net worth →
CHRISTIE ( SENIOR), David Burns→
Resigneddirector · ~76y · appointed 2015-08-12 · resigned 2020-01-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 27/10/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-04
termination-director-company-with-name-termination-date
officers · TM01
2020-01-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-11