DRILL PIPE & EQUIPMENT SUPPLIES LTD.

💤Zombieactive

SC215226 · ltd · incorporated 2001-01-30

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 Jan 2025

Net worth

£-8.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 06100

Sector: Mining & quarrying

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). 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 (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £8,638

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£9k

↑ 53% YoY

Current Assets

£15k

↑ 464% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-01-31	2024-01-31
Total assets	£-8.6k	£-18.4k
Current assets	£14.9k	£2.6k
Net assets	£-8.6k	£-18.4k

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-10-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-29
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-01-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-10-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-10-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2001-01-30
🏢
Company incorporated
As DRILL PIPE & EQUIPMENT SUPPLIES LTD.
2001-01-30
➕
JONES, Susan appointed
secretary
2001-01-30
➕
JONES, Ian appointed
director
2001-01-30
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2001-01-30
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2001-01-30
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2001-01-30
➖
STEPHEN MABBOTT LTD. resigned
corporate-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 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — 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 71 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 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Susan Jones Individual · British · DOB 03/1955 · age 71	25–50%	25–50%	25-50% shares · 25-50% voting	30/06/2016
Mr Ian Jones Individual · British · DOB 04/1955 · age 71	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DRILL ACCOUNTING LIMITED→ SC463170 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
DRUMBURN ENERGY LIMITED→ SC512535 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
E MCINTOSH CONSTRUCTION LIMITED→ SC812817 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
E.A.D PRECISION SERVICES LTD→ SC740909 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ENGINEERING INSIGHTS LIMITED→ SC188939 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
ENGINEERINGPALS LTD→ SC839381 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ENI IN AMENAS LIMITED→ SC135813 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
EOS EUROPE LTD→ SC556455 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
EOS TECHNIX LIMITED→ SC605556 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ESR WATERFRONT (GROUP) LTD→ SC834328 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
EUREKA DRILLING SERVICES LIMITED→ SC188786 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
EUROPEAN MANAGEMENT & MARINE CORPORATION LIMITED→ SC163635 · est 1996 · no financials extracted	—	—	—	—	30y	—	—

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

Incorporated2001-01-30

Jurisdictionscotland

Primary SIC06100 — SIC 06100

Registered office

102 Inverurie Road

Bucksburn

Aberdeen

AB21 9AT

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-02-11

Last: 2026-01-28

Officers (2 active · 2 resigned)

JONES, Susan→

secretary · appointed 2001-01-30

View their other companies + combined net worth →

Active

JONES, Ian→

director · ~71y · appointed 2001-01-30

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2001-01-30 · resigned 2001-01-30

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2001-01-30 · resigned 2001-01-30

Resigned

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