DUNRIC LIMITED

💤Zombieactive
SC175641 · ltd · incorporated 1997-05-21
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail sale of hardware, paints and glass in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 29.0y

45/100
under pressure

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

  • · Oldest live charge is 29.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Average employees200200

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

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 (23 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-11-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-02-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 1997-06-11
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  17. 1997-05-21
    🏢
    Company incorporated
    As DUNRIC LIMITED
  18. 1997-05-21
    ➕
    LOW, Irene appointed
    secretary
  19. 1997-05-21
    ➕
    LOW, George appointed
    director
  20. 1997-05-21
    ➕
    REID, Brian appointed
    nominee-secretary
  21. 1997-05-21
    ➖
    REID, Brian resigned
    nominee-secretary
  22. 1997-05-21
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  23. 1997-05-21
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

100/100
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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr George Low
Individual · British · DOB 09/1953 · age 73
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · Retail · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DIRECT SOCCER LIMITED→
SC331369 · est 2007
£3.48M
£2.61M–£4.35M
——390018y8266y
GILLIES OF BROUGHTY FERRY LIMITED→
SC026803 · est 1949
£3.30M
£2.48M–£4.13M
——20077y8373y
THE PET FOOD STORE (SCOTLAND) LIMITED→
SC374396 · est 2010
£474.4k
£355.8k–£593.0k
——616y8270y
BRECHIN CASTLE CENTRE LIMITED→
SC154663 · est 1994
——£1.79M—31y8378y
A. KELLY LIMITED→
SC081337 · est 1982
———160043y8274y
ANDERSON BUTCHERS LIMITED→
SC268128 · est 2004
———220022y8268y
BAG SUPPLIES (FIBC) LTD.→
SC222749 · est 2001
——£195.0k—24y8277y
COLIN M SMITH LIMITED→
SC094396 · est 1985
———210040y8271y
GARDEN FURNITURE SCOTLAND LIMITED→
SC306261 · est 2006
——£463.3k—19y8259y
HAYAT BROTHERS LTD→
SC355228 · est 2009
——£578.5k—17y8274y
JOHN KERR & SON (DAIRYMEN) LIMITED→
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———750046y8266y
OLIVIA CAMERON BRIDAL LIMITED→
SC349071 · est 2008
———30017y8261y
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
Incorporated1997-05-21
Jurisdictionscotland
Primary SIC47520 — Retail sale of hardware, paints and glass in specialised stores

Registered office

26 Blairs Road
Letham
Angus
DD8 2PE
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-04
Last: 2026-05-21

Officers (2 active · 2 resigned)

LOW, Irene→
secretary · appointed 1997-05-21
View their other companies + combined net worth →
Active
LOW, George→
director · ~73y · appointed 1997-05-21
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1997-05-21 · resigned 1997-05-21
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1997-05-21 · resigned 1997-05-21
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property11/06/1997—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-01