BRIGTON DEVELOPMENT LTD

💤Zombieactive

SC645252 · ltd · incorporated 2019-10-24

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.

Why now

Window steady · medium confidence

Mixed signals — 1 changes over 30 days, no clear direction yet.

· Filings: 19 → 20

What changed my view

Last 30 days

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

↑Filings: 19 → 20

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

£-12.8k

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

ALSO REGISTERED FOR

43120Site preparation

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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: Cash flow review and working-capital discipline. Cash down -38% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (86/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

4 connected companies via shared directors

Filing history

20 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £12,842

Cash YoY

-38%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£150

↓ 38% YoY

Net Worth

-£13k

↓ 8.3% YoY

Current Assets

£382

↓ 93% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31	2023-10-31
Total assets	£-12.8k	£-11.9k	£-5.7k
Current assets	£382	£5.5k	—
Cash	£150	£243	£40.2k
Debtors	£232	£5.2k	—
Net assets	£-12.8k	£-11.9k	£-5.7k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (17 events)Click to expand

2026-07-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-13
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-26
➖
NICOL, Steven resigned
director
2023-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-13
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-07-13
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-07-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-10-24
🏢
Company incorporated
As BRIGTON DEVELOPMENT LTD
2019-10-24
➕
MILNE, Charles Grant appointed
director
2019-10-24
➕
NICOL, Steven appointed
director
2019-10-24
📄
incorporation-company
incorporation · NEWINC

Owner dependency

83/100

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 59 — approaching natural succession window.

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 59. 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Charles Grant Milne Individual · British · DOB 11/1967 · age 59	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	01/07/2020

2 historic (ceased) PSCs

Mr Steven Nicolceased 26/09/2023· 25-50% shares · 25-50% voting
N&M Property Ltdceased 01/07/2020· 75-100% shares · 75-100% voting · board control

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 · Construction · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KILMAC LTD→ SC458759 · est 2013	£5.91M £4.22M–£7.60M	—	—	164	12y	84	58y
GUILD HOMES (TAYSIDE) LTD.→ SC170248 · est 1996	£2.17M £1.55M–£2.79M	—	—	34	29y	84	63y
PERT BRUCE CONSTRUCTION LIMITED→ SC284392 · est 2005	£1.81M £1.29M–£2.33M	—	—	66	21y	84	60y
D J LAING (CONTRACTS) LIMITED→ SC087805 · est 1984	£1.52M £1.08M–£1.95M	—	—	57	42y	87	79y
ANGUS DECORATING COMPANY LIMITED→ SC056282 · est 1974	£1.48M £1.06M–£1.90M	—	—	65	51y	83	63y
ROCKNOWE INTERIORS LIMITED→ SC489276 · est 2014	£634.1k £452.9k–£815.3k	—	—	1100	11y	85	75y
FLAGSHIP PROPERTY CARE LIMITED→ SC560189 · est 2017	£34.1k £24.4k–£43.9k	—	—	0	9y	83	83y
DOUBLE KWIK SCAFFOLDING LIMITED→ SC145539 · est 1993	—	—	—	—	32y	83	65y
ISLAND LEISURE LIMITED→ SC119182 · est 1989	—	—	—	23	36y	83	64y
JACKSON STEEL STRUCTURES LIMITED→ SC047786 · est 1970	—	—	£1.45M	—	55y	83	60y
JAMES LAMMOND LIMITED→ SC258479 · est 2003	—	—	—	35	22y	83	62y
M & M PLUMBING & HEATING SUPPLIES LIMITED→ SC333448 · est 2007	—	—	—	21	18y	83	63y

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

Incorporated2019-10-24

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

40-42 Brantwood Avenue

Dundee

DD3 6EW

Scotland

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-11-27

Last: 2025-11-13

Officers (1 active · 1 resigned)

MILNE, Charles Grant→

director · ~59y · appointed 2019-10-24

View their other companies + combined net worth →

Active

NICOL, Steven→

director · ~52y · appointed 2019-10-24 · resigned 2023-09-26

Resigned

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

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-07-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-10

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-01-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-07-17

confirmation-statement-with-updates

confirmation-statement · CS01

2023-11-13

termination-director-company-with-name-termination-date

officers · TM01

2023-11-13

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-11-13

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-11-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-08-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-07-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-08-12

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-07-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-08-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-07-22