DRG SERVICES (SPEY BAY) LTD
💤Zombieactive
SC504131 · ltd · incorporated 2015-04-23
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 Apr 2025
Net worth
£37.4k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 02400
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. 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 (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, 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, 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
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £37,426
Net assets shrinking
Down £10,599 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£37k
↓ 22% YoY
Current Assets
£11k
↓ 24% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £38.6k | £52.6k |
| Current assets | £11.3k | £14.9k |
| Net assets | £37.4k | £48.0k |
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 (20 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-29📄gazette-notice-compulsorygazette · GAZ1
- 2021-04-01📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2021-03-09➖GORDON, Sandra resigneddirector
- 2021-03-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-23🏢Company incorporatedAs DRG SERVICES (SPEY BAY) LTD
- 2015-04-23➕GORDON, Donald Ross appointeddirector
- 2015-04-23➕GORDON, Sandra appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
50/100
Moderate signalSome 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Donald Ross Gordon Individual · British · DOB 02/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · firm interest | 09/03/2021 |
1 historic (ceased) PSC
- Mrs Sandra Gordonceased 09/05/2021· 25-50% shares · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KELPCROFTERS LTD→ SC667748 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KINGSBURGH FOREST TRUST→ SC227429 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| KJM FISHING LTD→ SC666005 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LAID WOODLANDS AND LOCHANS LTD.→ SC178828 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| LOCH DUNVEGAN SHELLFISH LIMITED→ SC246565 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| LOCH HOURN SCALLOPS LIMITED→ SC479941 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| M & J INGRAM LTD→ SC521117 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MACINTYRE FINDON FARMS→ SC065858 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| MARA NA MARA LIMITED→ SC461348 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| MARINE BIOTECH LIMITED→ SC744359 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MATHESON'S LTD.→ SC303732 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| MATHIESON TREES LTD→ SC869329 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2015-04-23
Jurisdictionscotland
Primary SIC02400 — SIC 02400
Registered office
22 Spey Road Nether Dallachy
Spey Bay
Fochabers
IV32 7PY
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-07
Last: 2025-04-23
Officers (1 active · 1 resigned)
GORDON, Donald Ross→
Activedirector · ~57y · appointed 2015-04-23
View their other companies + combined net worth →
GORDON, Sandra→
Resigneddirector · ~55y · appointed 2015-04-23 · resigned 2021-03-09
Click a director name to see their full track record across all companies.
Recent filings (27 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2022-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-29
gazette-notice-compulsory
gazette · GAZ1
2022-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-27
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2021-04-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-03-09