NIDDRIE DEVELOPMENT COMPANY LIMITED

💤Zombieactive
SC173791 · ltd · incorporated 1997-03-24
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 Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (73/100).

Data confidence

Overall: medium (71/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 102
Metric2025-03-312024-03-31
Average employees100200

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2023-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-23
    ➖
    WAUCHOPE, Andrew Dermod resigned
    director
  6. 2023-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-12-04
    ➖
    MBM SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  9. 2020-12-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2020-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-12-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-12-26
    ➖
    WAUCHOPE, Jennifer resigned
    director
  19. 2014-04-01
    ➕
    WAUCHOPE, James Andrew appointed
    director
  20. 2007-02-14
    ➕
    WAUCHOPE, Jennifer appointed
    director
  21. 1997-04-04
    ➕
    WAUCHOPE, Andrew Dermod appointed
    director
  22. 1997-04-04
    ➖
    MBM BOARD NOMINEES LIMITED resigned
    corporate-director
  23. 1997-03-24
    🏢
    Company incorporated
    As NIDDRIE DEVELOPMENT COMPANY LIMITED
  24. 1997-03-24
    ➕
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  25. 1997-03-24
    ➕
    MBM BOARD NOMINEES LIMITED appointed
    corporate-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 29 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 →

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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
Incorporated1997-03-24
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

47-49 The Square
Kelso
Roxburghshire
TD5 7HW
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24

Officers (1 active · 4 resigned)

WAUCHOPE, James Andrew→
director · ~63y · appointed 2014-04-01
View their other companies + combined net worth →
Active
MBM SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 1997-03-24 · resigned 2020-12-04
Resigned
WAUCHOPE, Andrew Dermod→
director · ~94y · appointed 1997-04-04 · resigned 2023-11-23
Resigned
WAUCHOPE, Jennifer→
director · ~92y · appointed 2007-02-14 · resigned 2015-12-26
Resigned
MBM BOARD NOMINEES LIMITED→
corporate-director · appointed 1997-03-24 · resigned 1997-04-04
Resigned

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

Recent filings (77 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-09
termination-director-company-with-name-termination-date
officers · TM01
2024-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-05
termination-secretary-company-with-name-termination-date
officers · TM02
2020-12-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-25