DRAKEMYRE PROPERTIES LIMITED

💤Zombieactive
SC540411 · ltd · incorporated 2016-07-18
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
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Turnover
year to Jun 2025
Net worth
£86.6k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 78/100 (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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 7.3y

30/100
under pressure

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

  • · Oldest live charge is 7.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £86,621
Net assets shrinking
Down £31,269 YoY
Cash YoY
+946%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£99k
↑ 946% YoY
Net Worth
£87k
↓ 27% YoY
Current Assets
£531k
↑ 5037% YoY
Current Liabilities
£0£106k£212k£319k£425k£531kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£618.7k£117.9k
Current assets£530.9k£10.3k
Cash£98.6k£9.4k
Debtors£432.3k£906
Net assets£86.6k£117.9k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-03-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-02-27
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  5. 2024-03-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-01-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-10-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-10-09
    🔓
    Charge satisfied #1
  10. 2021-06-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2020-03-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2019-05-14
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2019-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-01-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-01-14
    🔒
    Charge registered #1
    Lender: Taytech Environmental Limited
  16. 2018-08-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-07-31
    RAE, Iain resigned
    director
  18. 2018-06-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-04-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2017-02-27
    WATSON, Gary Martin appointed
    director
  21. 2017-02-27
    PATON, Alan resigned
    director
  22. 2017-02-27
    RAE, Iain appointed
    director
  23. 2016-07-18
    🏢
    Company incorporated
    As DRAKEMYRE PROPERTIES LIMITED
  24. 2016-07-18
    PATON, Alan appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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
Incorporated2016-07-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

11 Drakemyre
Dalry
KA24 5JD
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-05
Last: 2025-07-22

Officers (1 active · 2 resigned)

WATSON, Gary Martin
director · ~58y · appointed 2017-02-27
View their other companies + combined net worth →
Active
PATON, Alan
director · ~64y · appointed 2016-07-18 · resigned 2017-02-27
Resigned
RAE, Iain
director · ~62y · appointed 2017-02-27 · resigned 2018-07-31
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge27/02/2025
satisfied
Taytech Environmental
Taytech Environmental Limited
A registered charge14/01/201909/10/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-17
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-24