DSL WELLS LTD

💤Zombieactive
SC625205 · ltd · incorporated 2019-03-22
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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 Mar 2026
Net worth
£1.4k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 43999Other specialised construction activities n.e.c.
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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 (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,371

Key financials

1 year extracted from filed iXBRL accounts
Cash
£6k
Net Worth
£1k
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-03-31
Total assets£1.4k
Cash£5.7k
Net assets£1.4k

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
3
filings
  • • 2 accounts
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 2 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-26
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2025-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-29
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2019-03-22
    🏢
    Company incorporated
    As DSL WELLS LTD
  11. 2019-03-22
    ➕
    WEST, Craig appointed
    director
  12. 2019-03-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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.

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 Craig West
Individual · British · DOB 08/1975 · age 51
75–100%
—75-100% shares22/03/2019

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

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
Incorporated2019-03-22
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

12 Traill Drive
Montrose
Angus
DD10 8SW
Scotland

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21

Officers (1 active · 0 resigned)

WEST, Craig→
director · ~51y · appointed 2019-03-22
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-06
change-account-reference-date-company-current-extended
accounts · AA01
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-26