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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£465.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 5.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.1 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
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £465,893
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£466k
↑ 7.9% YoY
Current Assets
£10k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| 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
- 2025-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-27🔒Charge registered #6Lender: Andrew John Lonie
- 2024-11-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-04🔓Charge satisfied #5
- 2024-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-24📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-09-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-03🔓Charge satisfied #4
- 2023-09-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-05📄gazette-notice-compulsorygazette · GAZ1
- 2023-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-10🔓Charge satisfied #3
- 2022-01-10🔓Charge satisfied #2
- 2021-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-14🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2021-12-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-10🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2021-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-20🔒Charge registered #3Lender: United Trust Bank Limited
- 2021-04-16🔒Charge registered #2Lender: United Trust Bank Limited
- 2021-03-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-23🔒Charge registered #1Lender: The Mortgage Lender Limited
- 2020-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-12-06➖SMITH, Graham John resigneddirector
- 2016-11-28➕SMITH, Graham John appointeddirector
- 2016-11-14🏢Company incorporatedAs DCRDEVELOPMENTS LTD
- 2016-11-14➕RICHARDSON, 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
45/100
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.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Richardson Individual · British · DOB 07/1988 · age 38 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 14/11/2016 |
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 →Similar companies
Active · Property · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORSYTH LETTINGS LTD→ SC664449 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FORTH RESIDENTIAL LTD→ SC456834 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| FORTH VALLEY HOMES LTD→ SC714524 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FOUR A PROPERTIES LTD→ SC497793 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FRABENTO PROPERTY LTD→ SC859158 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FRASER BRUCE PROPERTIES LTD.→ SC314500 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| FREEMAN TABOR REAL ESTATE LIMITED→ SC631653 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| FS DREAMS LTD→ SC684370 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FWB NEWCO LTD→ SC555496 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| G.M. ENTERPRISES LIMITED→ SC107272 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| GAINBURN LIMITED→ SC323996 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| GALLACHER HOMES LTD→ SC535835 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2016-11-14
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: 2026-07-02
Last: 2025-06-18
Officers (1 active · 1 resigned)
RICHARDSON, David→
Activedirector · ~38y · appointed 2016-11-14
View their other companies + combined net worth →
SMITH, Graham John→
Resigneddirector · ~75y · appointed 2016-11-28 · resigned 2016-12-06
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Andrew John Lonie | A registered charge | 1 property | 27/06/2025 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 14/12/2021 | 04/11/2024 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | — | 10/12/2021 | 03/04/2024 | |
| satisfied | United Trust Bank United Trust Bank Limited | A registered charge | 1 property | 20/04/2021 | 10/01/2022 | |
| satisfied | United Trust Bank United Trust Bank Limited | A registered charge | — | 16/04/2021 | 10/01/2022 | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 23/03/2021 | — |
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