DEMS PIPEWORK LTD

💤Zombieactive
SC615059 · ltd · incorporated 2018-11-29
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
£3.6k
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: 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
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
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 · FRS 105 (micro)
Positive net assets
Net assets £3,622
Net assets shrinking
Down £5,871 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
↓ 62% YoY
Current Assets
£52k
↑ 90% YoY
Current Liabilities
£0£10k£21k£31k£41k£52kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£62.9k£38.1k
Current assets£51.8k£27.2k
Net assets£3.6k£9.5k

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

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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
  1. 2025-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-11-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-04-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-11-29
    🏢
    Company incorporated
    As DEMS PIPEWORK LTD
  12. 2018-11-29
    SNEDDEN, David appointed
    director
  13. 2018-11-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Mr David Snedden
Individual · British · DOB 05/1966 · age 60
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/11/2018

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

Similar companies

Active · Professional services · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
G.STEWART ENGINEERING LIMITED
SC574424 · est 2017 · no financials extracted
8y
GEARED LOGIC LIMITED
SC499449 · est 2015 · no financials extracted
11y
GEDDES CONSULTANCY GROUP LTD
SC734424 · est 2022 · no financials extracted
3y
GEOSONIC PLANT LIMITED
SC438015 · est 2012 · no financials extracted
13y
GF RAIL CONSULTANTS LTD
SC837940 · est 2025 · no financials extracted
1y
GLENCAS SERVICES LTD
SC774277 · est 2023 · no financials extracted
2y
GLOAM CREATIVE LIMITED
SC556728 · est 2017 · no financials extracted
9y
GODDARD ACCOUNTING AND TAX SOLUTIONS LIMITED
SC417173 · est 2012 · no financials extracted
14y
GRASSICK ENGINEERING LIMITED
SC750028 · est 2022 · no financials extracted
3y
GREEN INVESTMENT SOLUTIONS LTD
SC794131 · est 2024 · no financials extracted
2y
GREEN MAN CONSULTING LTD
SC794125 · est 2024 · no financials extracted
2y
GREEN SKILLS TRAINING LIMITED
SC820560 · est 2024 · no financials extracted
1y
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
Incorporated2018-11-29
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

91 Thomson Drive Redding
Falkirk
Stirlingshire
FK2 9GN
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (1 active · 0 resigned)

SNEDDEN, David
director · ~60y · appointed 2018-11-29
View their other companies + combined net worth →
Active

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
2026-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-17
change-person-director-company-with-change-date
officers · CH01
2023-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-13