TDI (DUNDEE ARENA) LIMITED

🌿Early-stageactive
SC780784 · ltd · incorporated 2023-08-30
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 Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Letting and operating of conference and exhibition centres
Sector: Real estate
ALSO REGISTERED FOR
  • 90010Performing arts
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (83/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
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
12 connected companies via shared directors
81
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees2200

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
2
filings
  • • 1 confirmation-statement
  • • 1 miscellaneous
Last 90 days
4
filings
  • • 1 confirmation-statement
  • • 1 miscellaneous
  • • 1 persons-with-significant-control
Last 180 days
5
filings
  • • 1 confirmation-statement
  • • 1 miscellaneous
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-21
    📄
    legacy
    miscellaneous · ANNOTATION
  2. 2026-04-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-07-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-07-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-06-16
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2025-06-16
    📄
    capital-alter-shares-subdivision
    capital · SH02
  9. 2025-06-16
    📄
    capital-allotment-shares
    capital · SH01
  10. 2025-06-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-09-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-08-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2023-08-30
    🏢
    Company incorporated
    As TDI (DUNDEE ARENA) LIMITED
  16. 2023-08-30
    ➕
    ADAIR, Robert Fredrik Martin appointed
    director
  17. 2023-08-30
    ➕
    CAROLAN, Michael appointed
    director
  18. 2023-08-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • 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 Michael Carolan
Individual · British · DOB 02/1959 · age 67
50–75%
50–75%board control50-75% shares · 50-75% voting · board control30/08/2023
Mr Robert Fredrik Martin Adair
Individual · British · DOB 11/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting30/08/2023

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 · Property · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
J & E NOMINEES LIMITED→
SC237007 · est 2002
£3.06M
£2.60M–£3.52M
—£3.06M—23y8366y
MNA (SCOTLAND) LIMITED→
SC283813 · est 2005
£637.9k
£542.2k–£733.6k
—£637.9k—21y8360y
STATION WORKS PROPERTIES LTD.→
SC083127 · est 1983
£39.9k
£33.9k–£45.9k
—£39.9k—42y8379y
LOW HOLDINGS (SCOTLAND) LIMITED→
SC412906 · est 2011
———40014y8474y
CKS PROPERTIES LIMITED→
SC295259 · est 2006
———520y8367y
EAST OF SCOTLAND COLOUR PRINT LIMITED→
SC343575 · est 2008
———417y8363y
H & H PROPERTIES (UK) LIMITED→
SC267997 · est 2004
———230021y8373y
PANMURE NEWS LIMITED→
SC336255 · est 2008
———018y8362y
RDA PROPERTIES LIMITED→
SC232593 · est 2002
———023y8385y
UREKARMA PROPERTY GROUP LTD→
SC698887 · est 2021 · no financials extracted
————4y——
WALKER CRAVEN HOMES LIMITED→
SC315031 · est 2007 · no financials extracted
————19y——
WEST END OFFICE SUITES (DUNDEE) LTD→
SC717149 · est 2021 · no financials extracted
————4y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2023-08-30
Jurisdictionscotland
Primary SIC68202 — Letting and operating of conference and exhibition centres

Registered office

78-84 Bell Street
Dundee
DD1 1HN
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30

Officers (2 active · 0 resigned)

ADAIR, Robert Fredrik Martin→
director · ~70y · appointed 2023-08-30
View their other companies + combined net worth →
Active
CAROLAN, Michael→
director · ~67y · appointed 2023-08-30
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-01
legacy
miscellaneous · ANNOTATION
2026-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-01
change-person-director-company-with-change-date
officers · CH01
2026-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-29
change-person-director-company-with-change-date
officers · CH01
2025-07-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-09
resolution
resolution · RESOLUTIONS
2025-06-16
capital-alter-shares-subdivision
capital · SH02
2025-06-16
capital-allotment-shares
capital · SH01
2025-06-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-29
change-person-director-company-with-change-date
officers · CH01
2023-09-01