DUNDEE 50 50 50 LIMITED

💤Zombieactive
SC230538 · ltd · incorporated 2002-04-19
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
£115
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 85/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 23.8y

45/100
under pressure

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

  • · Oldest live charge is 23.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
13 officers (1 active, 13 linked, 10 with DOB)
85
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £115

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£115
~ YoY
Current Assets
—
Current Liabilities
—
£0£23£46£69£92£115Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£115£115
Debtors£115£115
Net assets£115£115

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2025-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2023-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-10-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-09-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-04-18
    ➖
    STIRLING, James Spalding resigned
    director
  9. 2022-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-10-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2020-10-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2020-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2019-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2019-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2019-09-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2019-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2019-07-26
    ➕
    MCGOULDRICK, Jacqueline Marshall appointed
    director
  22. 2019-07-26
    ➖
    MARR, James Michael resigned
    director
  23. 2019-07-26
    ➕
    STIRLING, James Spalding appointed
    director
  24. 2019-07-01
    ➖
    CASHLEY, Stephen John resigned
    secretary
  25. 2019-07-01
    ➖
    CASHLEY, Mark Andrew Peter, Dr resigned
    director
  26. 2019-07-01
    ➖
    CASHLEY, Stephen John resigned
    director
  27. 2019-07-01
    ➕
    MARR, James Michael appointed
    director
  28. 2017-10-11
    🔓
    Charge satisfied #1
  29. 2011-11-17
    ➕
    CASHLEY, Mark Andrew Peter, Dr appointed
    director
  30. 2011-11-17
    ➖
    FLEMING, Brenda resigned
    director
  31. 2003-01-31
    ➕
    FLEMING, Brenda appointed
    director
  32. 2003-01-31
    ➖
    FLEMING, John Derry resigned
    director
  33. 2003-01-31
    ➖
    TODD, Eleanor Elizabeth resigned
    director
  34. 2003-01-30
    ➖
    HOGG, William Baird resigned
    director
  35. 2002-12-31
    ➖
    COUTTS, David Martin resigned
    director
  36. 2002-07-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  37. 2002-06-07
    ➕
    FLEMING, John Derry appointed
    director
  38. 2002-06-07
    ➕
    HOGG, William Baird appointed
    director
  39. 2002-06-07
    ➕
    TODD, Eleanor Elizabeth appointed
    director
  40. 2002-05-07
    ➕
    CASHLEY, Stephen John appointed
    secretary
  41. 2002-05-07
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  42. 2002-05-07
    ➕
    CASHLEY, Stephen John appointed
    director
  43. 2002-05-07
    ➕
    COUTTS, David Martin appointed
    director
  44. 2002-05-07
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  45. 2002-04-19
    🏢
    Company incorporated
    As DUNDEE 50 50 50 LIMITED
  46. 2002-04-19
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  47. 2002-04-19
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-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 64 — approaching natural succession window.

Succession & seller-readiness

75/100
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 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

Group structure

Bellshelf (Ninety Seven) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bellshelf (Ninety Seven) Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
DUNDEE 50 50 50 LIMITED
This company · SC230538

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bellshelf (Ninety Seven) Limited
Corporate entity
75–100%
—75-100% shares26/07/2019
Mrs Jacqueline Marshall Mcgouldrick
Individual · British · DOB 04/1962 · age 64
——sig. influencesignificant influence26/07/2019
3 historic (ceased) PSCs
  • Mr James Spalding Stirlingceased 18/04/2023· significant influence
  • Mr James Michael Marrceased 26/07/2019· 75-100% shares
  • Mr Stephen Cashleyceased 01/07/2019· 25-50% shares · 25-50% voting · board control

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

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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
Incorporated2002-04-19
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

Ridgeway House
Balgray Place
Dundee
DD3 8SH
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 12 resigned)

MCGOULDRICK, Jacqueline Marshall→
director · ~64y · appointed 2019-07-26
View their other companies + combined net worth →
Active
CASHLEY, Stephen John→
secretary · appointed 2002-05-07 · resigned 2019-07-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-04-19 · resigned 2002-05-07
Resigned
CASHLEY, Mark Andrew Peter, Dr→
director · ~64y · appointed 2011-11-17 · resigned 2019-07-01
Resigned
CASHLEY, Stephen John→
director · ~70y · appointed 2002-05-07 · resigned 2019-07-01
Resigned
COUTTS, David Martin→
director · ~69y · appointed 2002-05-07 · resigned 2002-12-31
Resigned
FLEMING, Brenda→
director · ~75y · appointed 2003-01-31 · resigned 2011-11-17
Resigned
FLEMING, John Derry→
director · ~84y · appointed 2002-06-07 · resigned 2003-01-31
Resigned
HOGG, William Baird→
director · ~81y · appointed 2002-06-07 · resigned 2003-01-30
Resigned
MARR, James Michael→
director · ~66y · appointed 2019-07-01 · resigned 2019-07-26
Resigned
STIRLING, James Spalding→
director · ~85y · appointed 2019-07-26 · resigned 2023-04-18
Resigned
TODD, Eleanor Elizabeth→
director · ~67y · appointed 2002-06-07 · resigned 2003-01-31
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2002-04-19 · resigned 2002-05-07
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property23/07/200211/10/2017

Recent filings (112 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-11
gazette-notice-compulsory
gazette · GAZ1
2023-09-19
termination-director-company-with-name-termination-date
officers · TM01
2023-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31