DUNDEE WASTE MANAGEMENT LIMITED

💤Zombieactive
SC666467 · ltd · incorporated 2020-07-06
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
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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: SIC 38110
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
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
3 connected companies via shared directors
54
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-09-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-05-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-05-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-08-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2023-06-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-05-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-01-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-12-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-10-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-09-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2020-07-06
    🏢
    Company incorporated
    As DUNDEE WASTE MANAGEMENT LIMITED
  17. 2020-07-06
    MCKAY, Steven appointed
    director
  18. 2020-07-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2022-04-06

Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Steven Mckay
Individual · British · DOB 10/1988 · age 38
sig. influencesignificant influence06/07/2020

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 · Energy & utilities · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CANTLAYHILLS ENERGY LIMITED
SC554492 · est 2017 · no financials extracted
9y
CLACH ENERGY STORAGE LIMITED
SC882598 · est 2026 · no financials extracted
DALRY COMMUNITY WIND FARM LIMITED
SC374557 · est 2010 · no financials extracted
16y
ENERGY MARKETING AND TRADING LTD
SC605586 · est 2018 · no financials extracted
7y
ENFINIUM ENERGY 2 LIMITED
SC573334 · est 2017 · no financials extracted
8y
FORTESCUE UK IP LIMITED
SC761760 · est 2023 · no financials extracted
3y
FREDOCH LIMITED
SC441871 · est 2013 · no financials extracted
13y
FUTURE RENEWABLES ECO ENERGY LTD
SC504070 · est 2015 · no financials extracted
10y
GALILEO 01 LIMITED
SC738436 · est 2022 · no financials extracted
3y
GALILEO 04 LIMITED
SC761010 · est 2023 · no financials extracted
3y
GALILEO 05 LIMITED
SC761068 · est 2023 · no financials extracted
3y
GALILEO 07 LIMITED
SC761089 · est 2023 · no financials extracted
3y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2020-07-06
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

64 Cleugh Rise
Wallyford
Musselburgh
EH21 8FJ
Scotland

Filing status

Accounts
Next due: 2022-04-06OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-06-25
Last: 2025-06-11

Officers (1 active · 0 resigned)

MCKAY, Steven
director · ~38y · appointed 2020-07-06
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-03
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-14
gazette-notice-compulsory
gazette · GAZ1
2025-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-08
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-08-15
gazette-notice-compulsory
gazette · GAZ1
2023-06-27
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-12
gazette-notice-compulsory
gazette · GAZ1
2022-05-31
change-person-director-company-with-change-date
officers · CH01
2022-01-04