DUIGAN CHIROPRACTIC LTD.
Opportunity 71/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 7.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Cash | £20.1k | £50 |
| Net assets | £150.9k | £231.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (28 events)Click to expand
- 2025-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-04🔓Charge satisfied #2
- 2023-01-04🔓Charge satisfied #1
- 2022-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-16🔒Charge registered #3Lender: Allica Bank Limited
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-19🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2018-06-06🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2016-10-28🏢Company incorporatedAs DUIGAN CHIROPRACTIC LTD.
- 2016-10-28➕CLARK, Ashlee Alexandra, Dr appointeddirector
- 2016-10-28➕DUIGAN, Mark Kristopher appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "DUIGAN" — strong identity link between founder and business.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Kristopher Duigan Individual · British · DOB 06/1989 · age 37 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/10/2019 |
Dr Ashlee Alexandra Clark Individual · New Zealander · DOB 08/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/10/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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6 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Allica Bank Allica Bank Limited | A registered charge | 1 property | 16/11/2022 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 19/07/2018 | 04/01/2023 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 06/06/2018 | 04/01/2023 |