DUNDEE CANDLE WORKS LTD

🏛️Establishedactive
SC671886 · ltd · incorporated 2020-08-24
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
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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 (55/100)

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
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
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

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 (11 events)Click to expand
  1. 2025-05-20
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  2. 2025-05-20
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  3. 2025-05-20
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2025-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-05-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-05-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-08-24
    🏢
    Company incorporated
    As DUNDEE CANDLE WORKS LTD
  9. 2020-08-24
    DREVER, Lindsay Charles appointed
    director
  10. 2020-08-24
    WATSON, Katherine Elizabeth, Dr appointed
    director
  11. 2020-08-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Lindsay Charles Drever
Individual · Scottish · DOB 02/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control24/08/2020
Dr Katherine Elizabeth Watson
Individual · Scottish · DOB 12/1986 · age 40
2550%
25–50%board control25-50% shares · 25-50% voting · board control24/08/2020

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 →
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6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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.

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Company details

Statusactive
Typeltd
Incorporated2020-08-24
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

23 Dundee Road West
Broughty Ferry
Dundee
DD5 1NB
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15

Officers (2 active · 0 resigned)

DREVER, Lindsay Charles
director · ~45y · appointed 2020-08-24
View their other companies + combined net worth →
Active
WATSON, Katherine Elizabeth, Dr
director · ~40y · appointed 2020-08-24
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-05-20
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-05-20
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-24
incorporation-company
incorporation · NEWINC
2020-08-24