DUNCAN SPECIALIST WELDING LTD

💤Zombieactive
SC319800 · ltd · incorporated 2007-03-28
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
—
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Turnover
—
year to Mar 2025
Net worth
£121.1k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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 (76/100)

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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £121,113

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£121k
↑ 19% YoY
Current Assets
£122k
↑ 17% YoY
Current Liabilities
—
£0£24k£49k£73k£97k£122kMar 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£121.1k£101.6k
Current assets£121.8k£103.7k
Net assets£121.1k£101.6k

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 (19 events)Click to expand
  1. 2026-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-01-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-05-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-05-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2009-06-30
    ➖
    B-CORPORATE LIMITED resigned
    corporate-secretary
  17. 2007-03-28
    🏢
    Company incorporated
    As DUNCAN SPECIALIST WELDING LTD
  18. 2007-03-28
    ➕
    DUNCAN, Alan appointed
    director
  19. 2007-03-28
    ➕
    B-CORPORATE LIMITED appointed
    corporate-secretary

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.
  • +Founder name in company name: Company name contains director surname "DUNCAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

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 65. 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 19 years.
  • secondaryStable-but-static management: Company is 19 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 Alan Duncan
Individual · British · DOB 02/1961 · age 65
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/03/2017

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2007-03-28
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

24 Broadside Court
Denny
FK6 5GZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (1 active · 1 resigned)

DUNCAN, Alan→
director · ~65y · appointed 2007-03-28
View their other companies + combined net worth →
Active
B-CORPORATE LIMITED→
corporate-secretary · appointed 2007-03-28 · resigned 2009-06-30
Resigned

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

Recent filings (44 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-07
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-14