DARK ISLAND LIMITED (THE)
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
Refinance opportunity
10 live charges · 6 lenders · oldest 44.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 44.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 |
|---|---|
| Total assets | £999.1k |
| Current assets | £135.6k |
| Cash | £42.8k |
| Debtors | £63.4k |
| Net assets | £775.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 2 accounts
- • 2 accounts
Corporate timeline (42 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-10-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-01-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-01-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-01-08📄gazette-notice-compulsorygazette · GAZ1
- 2018-05-14➖PETERANNA, Donald Joseph resigneddirector
- 2018-05-14➖PETERANNA, Patricia resigneddirector
- 2009-02-12➕PETERANNA, Chrisella appointedsecretary
- 2009-02-12➖PETERANNA, Stephen Joseph resignedsecretary
- 2007-10-12🔓Charge satisfied #9
- 2007-10-12🔓Charge satisfied #3
- 2007-10-12🔓Charge satisfied #1
- 2007-09-18🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2007-09-11🔓Charge satisfied #5
- 2007-04-26🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2004-10-12➕PETERANNA, Stephen Joseph appointeddirector
- 2004-04-08🔓Charge satisfied #8
- 2000-04-07➖PETERANNA, Patricia resignedsecretary
- 2000-04-07➕PETERANNA, Stephen Joseph appointedsecretary
- 1999-01-26🔓Charge satisfied #2
- 1997-11-10🔓Charge satisfied #4
- 1988-11-30🔒Charge registered #9Lender: Tennent Caledonian Breweries Limited
- 1988-11-14🔒Charge registered #8Lender: Tennent Caledonian Breweries LTD
- 1986-07-28🔒Charge registered #7Lender: The Highlands & Islands Development Board
- 1982-05-24🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1982-04-09🔒Charge registered #4Lender: Highlands and Islands Development Board
- 1982-04-09🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1981-11-16🔒Charge registered #2Lender: Highlands and Islands Development Board
- 1981-11-09🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1980-02-28🏢Company incorporatedAs DARK ISLAND LIMITED (THE)
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 46 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Joseph Peteranna Individual · British · DOB 06/1960 · age 66 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
1 historic (ceased) PSC
- Donald Joseph Peterannaceased 03/08/2018· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| GEARRANNAN VILLAGE LIMITED→ SC206276 · est 2000 | — | — | £25.9k | — | 26y | 83 | 76y |
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9 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.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 18/09/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 26/04/2007 | — | |
| satisfied | Tennent Caledonian Breweries Tennent Caledonian Breweries Limited | Standard security | 1 property | 30/11/1988 | 12/10/2007 | |
| satisfied | Tennent Caledonian Breweries Tennent Caledonian Breweries LTD | Bond & floating charge | 1 property | 14/11/1988 | 08/04/2004 | |
| outstanding | The Highlands & Islands Development Board | Standard security | 1 property | 28/07/1986 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 24/05/1982 | 11/09/2007 | |
| satisfied | Highlands and Islands Development Board | Standard security | 1 property | 09/04/1982 | 10/11/1997 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/04/1982 | 12/10/2007 | |
| satisfied | Highlands and Islands Development Board | Charge | 1 property | 16/11/1981 | 26/01/1999 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/11/1981 | 12/10/2007 |