DREVER & CO LIMITED

💤Zombieactive
SC421073 · ltd · incorporated 2012-04-03
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
£661.9k
book net assets
Opportunity
64/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01450SIC 01450
Investor take
Special-situation opportunity
Distressed agriculture with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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, 2 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, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £661,925
Net assets shrinking
Down £31,063 YoY
Cash YoY
+112%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£973k
↑ 112% YoY
Net Worth
£662k
↓ 4.5% YoY
Current Assets
£1.2m
↑ 71% YoY
Current Liabilities
£0£237k£473k£710k£947k£1.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£676.7k£707.7k
Current assets£1.18M£691.5k
Cash£973.4k£458.9k
Debtors£64.9k£92.5k
Net assets£661.9k£693.0k

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 (21 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-12-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-07-04
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  6. 2023-03-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2023-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-01-04
    DREVER, William resigned
    director
  12. 2021-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-06-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2021-06-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-06-16
    📄
    capital-allotment-shares
    capital · SH01
  16. 2020-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2019-12-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2018-10-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2012-04-03
    🏢
    Company incorporated
    As DREVER & CO LIMITED
  20. 2012-04-03
    DREVER, Lucy appointed
    director
  21. 2012-04-03
    DREVER, William appointed
    director

Owner dependency

90/100
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 "DREVER" — strong identity link between founder and business.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Lucy Drever
Individual · British · DOB 05/1980 · age 46
75100%
75–100%75-100% shares · 75-100% voting07/06/2021
1 historic (ceased) PSC
  • Mr William Dreverceased 04/01/2023· 25-50% shares · 25-50% voting

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

Similar companies

Active · Agriculture · KW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
J & W TAIT LIMITED
SC030430 · est 1954 · no financials extracted
71y
J STEVENSON & SON LIMITED
SC420824 · est 2012 · no financials extracted
14y
M MACKENZIE SERVICES LTD
SC860867 · est 2025 · no financials extracted
MILLENNIUM (ORKNEY) LTD
SC466065 · est 2013 · no financials extracted
12y
NORTH SUTHERLAND COMMUNITY FORESTRY TRUST
SC161610 · est 1995 · no financials extracted
30y
NOSS FARM LTD
SC246220 · est 2003 · no financials extracted
23y
OLGRINMORE FOREST LTD
SC398988 · est 2011 · no financials extracted
14y
ORKNEY OYSTERS LTD
SC626980 · est 2019 · no financials extracted
7y
ORKNEY SHELLFISH LIMITED
SC138531 · est 1992 · no financials extracted
33y
OSSQUOY LIMITED
SC280120 · est 2005 · no financials extracted
21y
P & F ROSS LTD
SC560142 · est 2017 · no financials extracted
9y
P T H FISHING LTD.
SC283462 · est 2005 · no financials extracted
20y
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
Incorporated2012-04-03
Jurisdictionscotland
Primary SIC01420 — SIC 01420

Registered office

Newark
Sanday
Orkney
KW17 2BP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-17OVERDUE
Last: 2025-04-03

Officers (1 active · 1 resigned)

DREVER, Lucy
director · ~46y · appointed 2012-04-03
View their other companies + combined net worth →
Active
DREVER, William
director · ~70y · appointed 2012-04-03 · resigned 2023-01-04
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-28
accounts-amended-with-made-up-date
accounts · AAMD
2023-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-05
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-01
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-27
termination-director-company-with-name-termination-date
officers · TM01
2023-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-30