D.M.I. PRECISION ENGINEERING LIMITED

💤Zombieactive
SC056292 · ltd · incorporated 1974-09-03
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
—
year to Nov 2024
Net worth
£211.8k
book net assets
Opportunity
74/100
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: SIC 24200
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 57). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 42.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 42.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £211,756

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£212k
↑ 31% YoY
Current Assets
£170k
↑ 16% YoY
Current Liabilities
—
£0£42k£85k£127k£169k£212kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£345.7k£370.9k
Current assets£170.0k£146.7k
Net assets£211.8k£162.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-11-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-11-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-07-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2019-07-16
    🔓
    Charge satisfied #3
  13. 2018-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-08-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-11-10
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  16. 2014-04-24
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  17. 2010-01-28
    ➖
    BLACK, James Edward resigned
    director
  18. 2009-10-16
    🔓
    Charge satisfied #2
  19. 2007-09-12
    ➕
    BLACK, David Andrew appointed
    secretary
  20. 2007-09-12
    ➕
    BLACK, David Andrew appointed
    director
  21. 2007-09-12
    ➖
    INNES, Hugh resigned
    secretary
  22. 2007-09-12
    ➕
    BLACK, James Edward appointed
    director
  23. 2007-09-12
    ➖
    INNES, Brian resigned
    director
  24. 2007-09-12
    ➖
    INNES, Hugh resigned
    director
  25. 1996-05-30
    🔓
    Charge satisfied #1
  26. 1996-04-30
    🔒
    Charge registered #3
    Lender: Tsb Bank Scotland PLC
  27. 1996-04-16
    🔒
    Charge registered #2
    Lender: Tsb Bank Scotland PLC
  28. 1992-12-01
    ➕
    INNES, Brian appointed
    director
  29. 1992-02-10
    ➖
    MILNE, Robert resigned
    director
  30. 1989-10-31
    ➖
    MORTEN, Brian resigned
    director
  31. 1983-11-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  32. 1974-09-03
    🏢
    Company incorporated
    As D.M.I. PRECISION ENGINEERING LIMITED

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Deborah Marie Black
Individual · Scottish · DOB 09/1970 · age 56
25–50%
—25-50% shares01/11/2023
Mr David Andrew Black
Individual · British · DOB 02/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Manufacturing · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HALSPAN LIMITED→
SC194458 · est 1999
£6.37M
£4.95M–£7.78M
———27y8377y
HAD-FAB LIMITED→
SC142257 · est 1993
£1.76M
£1.37M–£2.15M
——1440033y8560y
SPRING ENGINEERING SERVICES LIMITED→
SC220378 · est 2001
£1.49M
£1.16M–£1.83M
——380024y8774y
WINDOW SUPPLY COMPANY LTD→
SC615256 · est 2018
£699.9k
£544.4k–£855.4k
——1827y8472y
EUROSTAMPA UK LTD→
SC024552 · est 1946
£218.8k
£170.2k–£267.5k
——20079y8583y
ARRAYJET LIMITED→
SC209936 · est 2000 · no financials extracted
————25y8373y
BAWBAGS LIMITED→
SC321771 · est 2007
———619y8365y
CANMORE PIPE BAGS LIMITED→
SC362533 · est 2009
——£53.5k—16y8358y
CASTLE MASONRY PRODUCTS LIMITED→
SC225802 · est 2001
———180024y8362y
CIPHER SURGICAL LIMITED→
SC378738 · est 2010
———415y8384y
CLOCKHOUSE FURNITURE LIMITED→
SC281686 · est 2005
——£778.1k—21y8375y
HALSTON ENGINEERING LTD→
SC066605 · est 1978
———60047y8361y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1974-09-03
Jurisdictionscotland
Primary SIC24200 — SIC 24200

Registered office

Unit 16 & 17 Macmerry Industrial Estate
Macmerry
East Lothian
EH33 1RD

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26

Officers (2 active · 6 resigned)

BLACK, David Andrew→
secretary · appointed 2007-09-12
View their other companies + combined net worth →
Active
BLACK, David Andrew→
director · ~57y · appointed 2007-09-12
View their other companies + combined net worth →
Active
INNES, Hugh→
secretary · resigned 2007-09-12
Resigned
BLACK, James Edward→
director · ~84y · appointed 2007-09-12 · resigned 2010-01-28
Resigned
INNES, Brian→
director · ~60y · appointed 1992-12-01 · resigned 2007-09-12
Resigned
INNES, Hugh→
director · ~87y · resigned 2007-09-12
Resigned
MILNE, Robert→
director · ~88y · resigned 1992-02-10
Resigned
MORTEN, Brian→
director · resigned 1989-10-31
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—24/04/2014—
satisfied
Lloyds Banking Group
Tsb Bank Scotland PLC
Standard security1 property30/04/199616/07/2019
satisfied
Lloyds Banking Group
Tsb Bank Scotland PLC
Bond & floating charge1 property16/04/199616/10/2009
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property03/11/198330/05/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (118 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-07