DUNDEE CANDLE WORKS LTD
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (11 events)Click to expand
- 2025-05-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2025-05-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2025-05-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2025-05-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-24🏢Company incorporatedAs DUNDEE CANDLE WORKS LTD
- 2020-08-24➕DREVER, Lindsay Charles appointeddirector
- 2020-08-24➕WATSON, Katherine Elizabeth, Dr appointeddirector
- 2020-08-24📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lindsay Charles Drever Individual · Scottish · DOB 02/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/08/2020 |
Dr Katherine Elizabeth Watson Individual · Scottish · DOB 12/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/08/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| C S CYCLES LTD→ SC571525 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| EDINBURGH COUTURE & ALTERATIONS LTD→ SC651030 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ELF BAR LTD→ SC862225 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EMMA ROY LTD→ SC577397 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| EUROASIAN TRADERS LTD→ SC880388 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| EWAN MACKENZIE LIMITED→ SC444397 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| FAMILY SHOPPER STORES LTD→ SC758589 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| FUNGARIUM LTD→ SC834445 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FUNGGUYS LTD→ SC843430 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FUTTLE DUNDEE LTD→ SC812095 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FUTURE RETAIL DUNDEE LIMITED→ SC624626 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FVDD LTD→ SC434998 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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 →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.
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Registered office
Filing status
Officers (2 active · 0 resigned)
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