DD1 HOLDINGS LTD

💤Zombieactive
SC524244 · ltd · incorporated 2016-01-14
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 May 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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 5.2y

45/100
under pressure

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

  • · Oldest live charge is 5.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31
Average employees1

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
4
filings
  • 2 accounts
  • 1 confirmation-statement
  • 1 officers
Last 180 days
4
filings
  • 2 accounts
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2026-02-03
    THORNTONS LAW LLP resigned
    corporate-secretary
  4. 2026-02-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2025-06-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-06-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-05-31
    BROWN, Graeme Richard resigned
    director
  8. 2025-05-31
    MACPHERSON, Clare Susan resigned
    director
  9. 2025-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-02-28
    WEBSTER, Stephen James Nicholson resigned
    director
  11. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2024-12-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-12-11
    🔓
    Charge satisfied #1
  14. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-04-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2022-04-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2022-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2022-02-25
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  20. 2022-02-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2022-02-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-02-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-02-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2022-02-23
    THORNTONS LAW LLP appointed
    corporate-secretary
  25. 2021-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2021-03-08
    BROWN, Graeme Richard appointed
    director
  27. 2021-03-08
    MACPHERSON, Clare Susan appointed
    director
  28. 2021-01-25
    MILNE, Scott Charles appointed
    director
  29. 2021-01-25
    FORDE, Christopher Martin resigned
    director
  30. 2021-01-25
    WEBSTER, Stephen James Nicholson appointed
    director
  31. 2021-01-25
    WORRALL, Graham Michael resigned
    director
  32. 2021-01-25
    🔒
    Charge registered #1
    Lender: Tc Loans (Cbils) Limited Acting as the Security Trustee of the Secured Parties
  33. 2017-05-15
    WORRALL, Graham Michael resigned
    director
  34. 2016-11-14
    WORRALL, Graham Michael appointed
    director
  35. 2016-01-14
    🏢
    Company incorporated
    As DD1 HOLDINGS LTD
  36. 2016-01-14
    FORDE, Christopher Martin appointed
    director
  37. 2016-01-14
    WORRALL, Graham Michael appointed
    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

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

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.

Red flags

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: THORNTONS LAW LLP resigned 2026-02-03; BROWN, Graeme Richard resigned 2025-05-31; MACPHERSON, Clare Susan resigned 2025-05-31

Group structure

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

🏛️
Thorntons Investment Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
DD1 HOLDINGS LTD
This company · SC524244

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
Thorntons Investment Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting25/01/2021
1 historic (ceased) PSC
  • Mr Christopher Martin Fordeceased 25/01/2021· significant influence

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
Incorporated2016-01-14
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Whitehall House
35 Yeaman Shore
Dundee
DD1 4BJ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11

Officers (1 active · 7 resigned)

MILNE, Scott Charles
director · ~64y · appointed 2021-01-25
View their other companies + combined net worth →
Active
THORNTONS LAW LLP
corporate-secretary · appointed 2022-02-23 · resigned 2026-02-03
Resigned
BROWN, Graeme Richard
director · ~63y · appointed 2021-03-08 · resigned 2025-05-31
Resigned
FORDE, Christopher Martin
director · ~45y · appointed 2016-01-14 · resigned 2021-01-25
Resigned
MACPHERSON, Clare Susan
director · ~55y · appointed 2021-03-08 · resigned 2025-05-31
Resigned
WEBSTER, Stephen James Nicholson
director · ~60y · appointed 2021-01-25 · resigned 2025-02-28
Resigned
WORRALL, Graham Michael
director · ~75y · appointed 2016-11-14 · resigned 2017-05-15
Resigned
WORRALL, Graham Michael
director · ~75y · appointed 2016-01-14 · resigned 2021-01-25
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
Tc Loans (Cbils) Acting as the Security Trustee of the Secured Parties
Tc Loans (Cbils) Limited Acting as the Security Trustee of the Secured Parties
A registered charge25/01/202111/12/2024

Recent filings (46 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
change-account-reference-date-company-previous-extended
accounts · AA01
2026-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-03
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-03
termination-director-company-with-name-termination-date
officers · TM01
2025-06-27
termination-director-company-with-name-termination-date
officers · TM01
2025-06-27
termination-director-company-with-name-termination-date
officers · TM01
2025-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-19