DRE PROPERTIES LTD

🏛️Establishedactive
SC666296 · ltd · incorporated 2020-07-03
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-02-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-01-07
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  6. 2024-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-04-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-07-03
    🏢
    Company incorporated
    As DRE PROPERTIES LTD
  11. 2020-07-03
    EVANS, David Robert, Dr appointed
    director
  12. 2020-07-03
    EVANS, Rachel Marie appointed
    director
  13. 2020-07-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr David Robert Evans
Individual · British · DOB 04/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/07/2020
Mrs Rachel Marie Evans
Individual · British · DOB 10/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/07/2020

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

6 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
Incorporated2020-07-03
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

10 Milton Street Milton Business Centre
Dundee
City Of Dundee
DD3 6QQ

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02

Officers (2 active · 0 resigned)

EVANS, David Robert, Dr
director · ~47y · appointed 2020-07-03
View their other companies + combined net worth →
Active
EVANS, Rachel Marie
director · ~48y · appointed 2020-07-03
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-12
gazette-notice-compulsory
gazette · GAZ1
2025-02-18
default-companies-house-registered-office-address-applied
address · RP05
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-05
incorporation-company
incorporation · NEWINC
2020-07-03