DECC LTD

🏛️Establishedactive
SC616627 · ltd · incorporated 2018-12-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-23.2k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 105 (micro)
Negative net assets
Liabilities exceed assets by £23,199

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£23k
↑ 17% YoY
Current Assets
£43k
↑ 10% YoY
Current Liabilities
-£28k-£14k£590£15k£29k£43kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-23.2k£-27.9k
Current assets£43.4k£39.4k
Net assets£-23.2k£-27.9k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-02-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2019-02-27
    CONNON, Cherie Julie resigned
    director
  9. 2019-02-27
    CONNON, Eleisha Sarah-Jane resigned
    director
  10. 2019-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-12-19
    🏢
    Company incorporated
    As DECC LTD
  14. 2018-12-19
    CONNON, Julie Ann appointed
    secretary
  15. 2018-12-19
    CONNON, Julie Ann appointed
    director
  16. 2018-12-19
    CONNON, Michael William David appointed
    director
  17. 2018-12-19
    CONNON, Cherie Julie appointed
    director
  18. 2018-12-19
    CONNON, Eleisha Sarah-Jane appointed
    director
  19. 2018-12-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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.)

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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
Incorporated2018-12-19
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

18 North Silver Street
Aberdeen
AB10 1JU

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (3 active · 2 resigned)

CONNON, Julie Ann
secretary · appointed 2018-12-19
View their other companies + combined net worth →
Active
CONNON, Julie Ann
director · ~60y · appointed 2018-12-19
View their other companies + combined net worth →
Active
CONNON, Michael William David
director · ~66y · appointed 2018-12-19
View their other companies + combined net worth →
Active
CONNON, Cherie Julie
director · ~39y · appointed 2018-12-19 · resigned 2019-02-27
Resigned
CONNON, Eleisha Sarah-Jane
director · ~36y · appointed 2018-12-19 · resigned 2019-02-27
Resigned

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-13
termination-director-company-with-name-termination-date
officers · TM01
2019-02-27