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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£1.0k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
PursueAsset-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: medium (78/100)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
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
18 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 £1,034
Net assets shrinking
Down £2,103 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1k
↓ 67% YoY
Current Assets
£196
↓ 89% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £1.0k | £3.1k |
| Current assets | £196 | £1.8k |
| Net assets | £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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-06📄gazette-notice-compulsorygazette · GAZ1
- 2020-11-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-17🏢Company incorporatedAs DRM SEAGULL LTD
- 2017-10-17➕MORGAN, Janet appointeddirector
- 2017-10-17➕MORGAN, Ross Robertson appointeddirector
- 2017-10-17📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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
- +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 signalMultiple 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
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 |
|---|---|---|---|---|
Ross Robertson Morgan Individual · British · DOB 12/1960 · age 66 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/10/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CLEARVIEW MINDS LTD→ SC545854 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLYDE PORPOISE CIC→ SC560366 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| DEEP RIVER (ENGINEERING) LIMITED→ SC155149 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| DOGGY DAY DREAMZ LTD→ SC770101 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DONN SHELDON ENTERPRISES LIMITED→ SC288284 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| DONN SHELDON MANAGEMENT LTD→ SC626744 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| EAGLEN VETERINARY SERVICES LIMITED→ SC697676 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| EDC INTEGRATED LIMITED→ SC495333 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| EFFICAX LIMITED→ SC499264 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| EILEAN MOR LIMITED→ SC677585 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ELECTRICAL TESTING COMPLIANCE LTD→ SC525339 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ELSMAC LIMITED→ SC522284 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2017-10-17
Jurisdictionscotland
Primary SIC71129 — Other engineering activities
Registered office
38 Cove Road
Gourock
PA19 1RP
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16
Officers (2 active · 0 resigned)
MORGAN, Janet→
Activedirector · ~60y · appointed 2017-10-17
View their other companies + combined net worth →
MORGAN, Ross Robertson→
Activedirector · ~66y · appointed 2017-10-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (18 total)
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
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-02