DRM SEAGULL LTD

🏛️Establishedactive
SC579074 · ltd · incorporated 2017-10-17
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 18 → 19
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 1819
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 Oct 2025
Net worth
£1.9k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 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 £1,877

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 82% YoY
Current Assets
Current Liabilities
£0£627£1k£2k£3k£3kOct 2023Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-312023-10-31
Total assets£1.9k£1.0k£3.1k
Current assets£196£1.8k
Net assets£1.9k£1.0k£3.1k

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2020-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-10-17
    🏢
    Company incorporated
    As DRM SEAGULL LTD
  12. 2017-10-17
    MORGAN, Janet appointed
    director
  13. 2017-10-17
    MORGAN, Ross Robertson appointed
    director
  14. 2017-10-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ross Robertson Morgan
Individual · British · DOB 12/1960 · age 66
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/10/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive
Typeltd
Incorporated2017-10-17
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

38 Cove Road
Gourock
PA19 1RP
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16

Officers (2 active · 0 resigned)

MORGAN, Janet
director · ~60y · appointed 2017-10-17
View their other companies + combined net worth →
Active
MORGAN, Ross Robertson
director · ~66y · appointed 2017-10-17
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-25
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-13
gazette-notice-compulsory
gazette · GAZ1
2021-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-18