DUNEDIN FOUNDER PARTNERS (EHF) L.P.

💤Zombieactive
SL005555 · limited-partnership · incorporated 2005-10-06
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
54/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (41/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
60
Adequate data — full accounts will sharpen view.

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 (20 events)Click to expand
  1. 2024-07-29
    📄
    legacy
    incorporation · LP6
  2. 2023-10-25
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  3. 2022-10-17
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  4. 2021-10-18
    📄
    legacy
    incorporation · LP6
  5. 2021-10-14
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  6. 2020-10-19
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  7. 2019-10-25
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  8. 2018-10-10
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  9. 2017-10-17
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  10. 2017-07-28
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  11. 2017-07-28
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  12. 2017-07-28
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  13. 2013-12-19
    📄
    legacy
    incorporation · LP6
  14. 2011-11-10
    📄
    legacy
    incorporation · LP6
  15. 2006-05-03
    ✏️
    certificate-change-of-name-limited-partnership
    change-of-name · CERT13
  16. 2006-05-03
    📄
    legacy
    incorporation · LP6
  17. 2005-10-07
    📄
    certificate-registration-limited-partnership
    incorporation · CERT12
  18. 2005-10-07
    📄
    incorporation-company
    incorporation · NEWINC
  19. 2005-10-06
    🏢
    Company incorporated
    As DUNEDIN FOUNDER PARTNERS (EHF) L.P.
  20. 2005-10-06
    📄
    legacy
    incorporation · LP5

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 21 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-10-20

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

Group structure

3 corporate shareholders identified. Group structure is distributed.

🏛️
Dunedin Llp
Corporate parent
🏛️
Dunedin Founder Partners (G.P.) Limited
Corporate parent
🏛️
Dunedin (General Partner Iii) Llp
Corporate parent
DUNEDIN FOUNDER PARTNERS (EHF) L.P.
This company · SL005555

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dunedin Llp
Corporate entity
sig. influencesignificant influence26/06/2017
Dunedin Founder Partners (G.P.) Limited
Corporate entity
sig. influencesignificant influence26/06/2017
Dunedin (General Partner Iii) Llp
Corporate entity
sig. influencesignificant influence26/06/2017

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

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.

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Company details

Statusactive
Typelimited-partnership
Incorporated2005-10-06
Jurisdictionscotland
Primary SIC

Registered office

2nd Floor Easter Dalry House
3 Distillery Lane
Edinburgh
EH11 2BD

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due: 2024-10-20OVERDUE
Last: 2023-10-06

Officers (0 active · 0 resigned)

Recent filings (19 total)

legacy
incorporation · LP6
2024-07-29
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2023-10-25
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2022-10-17
legacy
incorporation · LP6
2021-10-18
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2021-10-14
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2020-10-19
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2019-10-25
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2018-10-10
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2017-10-17
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2017-07-28
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2017-07-28
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2017-07-28
legacy
incorporation · LP6
2013-12-19
legacy
incorporation · LP6
2011-11-10
certificate-change-of-name-limited-partnership
change-of-name · CERT13
2006-05-03