DOW GROUP LIMITED

🌳Matureactive
SC280783 · ltd · incorporated 2005-02-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£4.39M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pursue
Asset-holding vehicle with a 75-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (73/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 18.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 18.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
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 £4,392,579
Cash YoY
-7%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2.4m
↓ 7.2% YoY
Net Worth
£4.4m
↑ 9.7% YoY
Current Assets
£5.8m
↓ 1.4% YoY
Current Liabilities
£0£1.2m£2.4m£3.5m£4.7m£5.9mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£6.61M£6.20M
Current assets£5.81M£5.89M
Cash£2.44M£2.63M
Debtors£3.35M£3.25M
Net assets£4.39M£4.00M

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
0
filings
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-04-17
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-01-14
    DOW, William Marshall resigned
    director
  4. 2024-04-15
    COLLINS, Kelly appointed
    director
  5. 2024-04-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-03-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2023-12-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2023-12-01
    📄
    capital-allotment-shares
    capital · SH01
  9. 2023-12-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-12-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2023-11-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-11-22
    GREEN, Gary William appointed
    director
  13. 2023-05-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2022-05-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2021-12-03
    🔓
    Charge satisfied #4
  17. 2021-09-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-09-14
    DOW, Sheila Helen Mckinlay appointed
    director
  19. 2021-07-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2021-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-04-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  22. 2020-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2020-08-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2020-03-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2020-03-19
    🔓
    Charge satisfied #3
  26. 2017-08-23
    🔒
    Charge registered #4
    Lender: Lloyds Bank Commercial Finance Limited
  27. 2011-02-28
    🔓
    Charge satisfied #2
  28. 2010-11-10
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  29. 2008-12-24
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Scotland PLC
  30. 2008-10-30
    🔓
    Charge satisfied #1
  31. 2008-10-07
    DOW, Sheila Helen Mckinlay resigned
    director
  32. 2007-11-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  33. 2007-03-30
    DOW, William Marshall appointed
    director
  34. 2005-02-28
    🏢
    Company incorporated
    As DOW GROUP LIMITED
  35. 2005-02-28
    BAXTER, Sheila Paterson appointed
    secretary
  36. 2005-02-28
    BAXTER, Sheila Paterson appointed
    director
  37. 2005-02-28
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  38. 2005-02-28
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  39. 2005-02-28
    DOW, Sheila Helen Mckinlay appointed
    director
  40. 2005-02-28
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  41. 2005-02-28
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

80/100
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 75 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

1951 Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
1951 Group Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
DOW GROUP LIMITED
This company · SC280783

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
1951 Group Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/12/2023
2 historic (ceased) PSCs
  • Mr William Marshall Dowceased 01/12/2023· 25-50% shares
  • Ms Sheila Paterson Baxterceased 01/12/2023· 25-50% shares

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 →

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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
Incorporated2005-02-28
Jurisdictionscotland
Primary SIC38210 — SIC 38210

Registered office

23 Lenziemill Road
Lenziemill Industrial Estate
Cumbernauld
G67 2RL

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-05-13
Last: 2025-04-29

Officers (5 active · 4 resigned)

BAXTER, Sheila Paterson
secretary · appointed 2005-02-28
View their other companies + combined net worth →
Active
BAXTER, Sheila Paterson
director · ~54y · appointed 2005-02-28
View their other companies + combined net worth →
Active
COLLINS, Kelly
director · ~44y · appointed 2024-04-15
View their other companies + combined net worth →
Active
DOW, Sheila Helen Mckinlay
director · ~75y · appointed 2021-09-14
View their other companies + combined net worth →
Active
GREEN, Gary William
director · ~65y · appointed 2023-11-22
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2005-02-28 · resigned 2005-02-28
Resigned
DOW, Sheila Helen Mckinlay
director · ~75y · appointed 2005-02-28 · resigned 2008-10-07
Resigned
DOW, William Marshall
director · ~52y · appointed 2007-03-30 · resigned 2025-01-14
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2005-02-28 · resigned 2005-02-28
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge23/08/201703/12/2021
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property10/11/201019/03/2020
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Bond & floating charge1 property24/12/200828/02/2011
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property22/11/200730/10/2008

Recent filings (83 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-05
accounts-with-accounts-type-medium
accounts · AA
2025-04-17
termination-director-company-with-name-termination-date
officers · TM01
2025-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-03
appoint-person-director-company-with-name-date
officers · AP01
2024-04-15
accounts-with-accounts-type-full
accounts · AA
2024-03-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-04
capital-allotment-shares
capital · SH01
2023-12-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-01
appoint-person-director-company-with-name-date
officers · AP01
2023-11-24
accounts-with-accounts-type-full
accounts · AA
2023-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-full
accounts · AA
2022-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09