DCRDEVELOPMENTS LTD

💤Zombieactive
SC550191 · ltd · incorporated 2016-11-14
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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 70
  • · Opportunity score: 71 → 63
  • · Bankability: 67 → 57
  • · Distress / opportunity: avoid → attractive
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: 7163
  • Hygiene score: 9070
  • Bankability: 6757
  • ·Distress / opportunity: avoidattractive
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 Nov 2024
Net worth
£465.9k
book net assets
Opportunity
63/100
Worth a look
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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
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 5.3y

15/100
under pressure

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

  • · Oldest live charge is 5.3 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
37 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
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review 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 £465,893

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£466k
↑ 7.9% YoY
Current Assets
£10k
~ YoY
Current Liabilities
£0£93k£186k£280k£373k£466kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£876.6k£869.5k
Current assets£10.2k£10.2k
Net assets£465.9k£431.7k

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

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 (34 events)Click to expand
  1. 2025-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-06-27
    🔒
    Charge registered #6
    Lender: Andrew John Lonie
  4. 2024-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-11-04
    🔓
    Charge satisfied #5
  6. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-09-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2024-04-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-04-03
    🔓
    Charge satisfied #4
  11. 2023-09-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-09-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-01-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-01-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2022-01-10
    🔓
    Charge satisfied #3
  18. 2022-01-10
    🔓
    Charge satisfied #2
  19. 2021-12-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2021-12-14
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  21. 2021-12-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2021-12-10
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  23. 2021-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2021-05-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-05-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2021-04-20
    🔒
    Charge registered #3
    Lender: United Trust Bank Limited
  27. 2021-04-16
    🔒
    Charge registered #2
    Lender: United Trust Bank Limited
  28. 2021-03-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2021-03-23
    🔒
    Charge registered #1
    Lender: The Mortgage Lender Limited
  30. 2020-12-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  31. 2016-12-06
    SMITH, Graham John resigned
    director
  32. 2016-11-28
    SMITH, Graham John appointed
    director
  33. 2016-11-14
    🏢
    Company incorporated
    As DCRDEVELOPMENTS LTD
  34. 2016-11-14
    RICHARDSON, David appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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

45/100
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.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-07-02

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Richardson
Individual · British · DOB 07/1988 · age 38
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest14/11/2016

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

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
Incorporated2016-11-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

7 York Lane
Grangemouth
FK3 8BD
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-07-02OVERDUE
Last: 2025-06-18

Officers (1 active · 1 resigned)

RICHARDSON, David
director · ~38y · appointed 2016-11-14
View their other companies + combined net worth →
Active
SMITH, Graham John
director · ~75y · appointed 2016-11-28 · resigned 2016-12-06
Resigned

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

Mortgages & charges

6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Andrew John Lonie
A registered charge1 property27/06/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property14/12/202104/11/2024
satisfied
Together Money
Together Commercial Finance Limited
A registered charge10/12/202103/04/2024
satisfied
United Trust Bank
United Trust Bank Limited
A registered charge1 property20/04/202110/01/2022
satisfied
United Trust Bank
United Trust Bank Limited
A registered charge16/04/202110/01/2022
outstanding
The Mortgage Lender
The Mortgage Lender Limited
A registered charge1 property23/03/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
gazette-notice-compulsory
gazette · GAZ1
2024-09-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-03
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-06
gazette-notice-compulsory
gazette · GAZ1
2023-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03