THE DUNDEE DECORATING COMPANY LTD

🏛️Establishedactive
SC555468 · ltd · incorporated 2017-01-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£143.4k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Painting
Sector: Construction
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £143,392

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£143k
↑ 75% YoY
Current Assets
£130k
↑ 73% YoY
Current Liabilities
—
£0£29k£57k£86k£115k£143kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£143.4k£81.8k
Current assets£129.9k£75.0k
Net assets£143.4k£81.8k

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
2
filings
  • • 1 address
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-04
    ➕
    MILLAR, Bobby appointed
    director
  6. 2024-04-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2018-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-06-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2018-06-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2018-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-06-10
    ➕
    MILLAR, Derrick appointed
    director
  20. 2018-06-10
    ➖
    MILLAR, Bobby resigned
    director
  21. 2017-01-24
    🏢
    Company incorporated
    As THE DUNDEE DECORATING COMPANY LTD
  22. 2017-01-24
    ➕
    MILLAR, Bobby appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MILLAR, Bobby (same surname) appointed 2025-03-04. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
NameSharesVoting rightsNature of controlNotified
Mr Derrick Millar
Individual · Scottish · DOB 01/1959 · age 67
——sig. influencesignificant influence27/02/2019
2 historic (ceased) PSCs
  • Mr Bobby Millarceased 13/06/2018· 75-100% shares
  • Mr Derrick Millarceased 27/02/2019· 75-100% shares

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2017-01-24
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

Unit 13, Nappers Mews Unit 13 Nappers Mews
15 Kirk Street
Dundee
DD2 3UY
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (2 active · 1 resigned)

MILLAR, Bobby→
director · ~43y · appointed 2025-03-04
View their other companies + combined net worth →
Active
MILLAR, Derrick→
director · ~67y · appointed 2018-06-10
View their other companies + combined net worth →
Active
MILLAR, Bobby→
director · ~43y · appointed 2017-01-24 · resigned 2018-06-10
Resigned

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

Recent filings (39 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
change-person-director-company-with-change-date
officers · CH01
2025-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
appoint-person-director-company-with-name-date
officers · AP01
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-19