DROWN LTD.

🏛️Establishedactive
SC614688 · ltd · incorporated 2018-11-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-70.0k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 26400
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (69/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 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
65
Adequate — check latest filings for context.
Acquirability
75
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 · FRS 102
Negative net assets
Liabilities exceed assets by £69,992

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£70k
Current Assets
£1k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-31
Total assets£-70.0k
Current assets£1.1k
Cash£1.1k
Net assets£-70.0k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-12-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-01-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-12-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-09-12
    MBM SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  8. 2024-09-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2024-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-08-06
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  14. 2021-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-17
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2019-12-10
    📄
    capital-allotment-shares
    capital · SH01
  18. 2019-12-02
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2018-12-24
    📄
    capital-allotment-shares
    capital · SH01
  20. 2018-12-18
    LAW, David John appointed
    director
  21. 2018-11-26
    🏢
    Company incorporated
    As DROWN LTD.
  22. 2018-11-26
    O'CALLAGHAN, Mark William appointed
    director
  23. 2018-11-26
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Mark William O'Callaghan
Individual · British · DOB 08/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/11/2018

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

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 →
🔒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
Incorporated2018-11-26
Jurisdictionscotland
Primary SIC26400 — SIC 26400

Registered office

139 East Trinity Road
Edinburgh
EH5 3PP
United Kingdom

Filing status

Accounts
Next due: 2026-10-30
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (2 active · 1 resigned)

LAW, David John
director · ~60y · appointed 2018-12-18
View their other companies + combined net worth →
Active
O'CALLAGHAN, Mark William
director · ~57y · appointed 2018-11-26
View their other companies + combined net worth →
Active
MBM SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2018-11-26 · resigned 2024-09-12
Resigned

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

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-26
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
gazette-notice-compulsory
gazette · GAZ1
2024-12-31
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-25