DRUM MILLLIG ASSOCIATES LTD
💤Zombieactive
SC576578 · ltd · incorporated 2017-09-18
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
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£10.3k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). 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).
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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
20 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 declaredPositive net assets
Net assets £10,327
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£10k
↑ 309% YoY
Current Assets
£15k
↑ 20% 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 | £10.3k | £2.5k |
| Current assets | £15.0k | £12.5k |
| Net assets | £10.3k | £2.5k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-18🏢Company incorporatedAs DRUM MILLLIG ASSOCIATES LTD
- 2017-09-18➕GRAHAM, Ian Frederick appointeddirector
- 2017-09-18📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Frederick Graham Individual · British · DOB 04/1961 · age 65 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 18/09/2017 |
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 · Professional services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EBENEGATE UK LIMITED→ SC795907 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ECHOROW LTD→ SC843999 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ECO RIVER SYSTEMS LIMITED→ SC661815 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ECOSSE FINE ART LIMITED→ SC212123 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ECOSSE TECHNICAL SALES LIMITED→ SC844044 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| EDA PROFESSIONAL SERVICES LTD→ SC346262 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| EDWARD MINTO & SON LIMITED→ SC666985 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| EGW SOLUTIONS LTD→ SC455195 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| EJ MUSK PROCESS SERVICES LTD→ SC632888 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| EKOS CONSULTING (UK) LIMITED→ SC229257 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| EL-BE-EM LTD→ SC729294 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ELAN EVENTS GROUP LTD→ SC871617 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2017-09-18
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management
Registered office
63 John Street
Helensburgh
G84 9JZ
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-25
Last: 2025-12-11
Officers (1 active · 0 resigned)
GRAHAM, Ian Frederick→
Activedirector · ~65y · appointed 2017-09-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (20 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-25