DUNNETTS LTD
🏛️Establishedactive
SC639947 · ltd · incorporated 2019-08-28
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£253.5k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 96030Funeral and related activities
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (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: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 2.2y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.2 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £253,547
Cash draining
Cash down 79% YoY
Cash YoY
-79%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£15k
↓ 79% YoY
Net Worth
£254k
↑ 102% YoY
Current Assets
£227k
↓ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £288.3k | £175.5k |
| Current assets | £226.6k | £457.1k |
| Cash | £14.8k | £71.6k |
| Debtors | £179.4k | £349.0k |
| Net assets | £253.5k | £125.4k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-07-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-23🔒Charge registered #3Lender: Clydesdale Bank PLC (Tading as Virgin Money)
- 2025-06-23🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2025-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-05🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-29➖DUNNETT, George Coghill resigneddirector
- 2021-09-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-28🏢Company incorporatedAs DUNNETTS LTD
- 2019-08-28➕DUNNETT, George Alistair appointeddirector
- 2019-08-28➕DUNNETT, Sinclair appointeddirector
- 2019-08-28➕DUNNETT, George Coghill appointeddirector
- 2019-08-28📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
Critical — business is the founderThe 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 name in company name: Company name contains director surname "DUNNETT" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Alistair Dunnett Individual · British · DOB 06/1976 · age 50 | 25–50% | — | 25-50% shares | 14/10/2021 |
Mr Sinclair Coghill Dunnett Individual · British · DOB 07/1981 · age 45 | 25–50% | — | 25-50% shares | 14/10/2021 |
1 historic (ceased) PSC
- Mr George Coghill Dunnettceased 27/08/2021· 50-75% shares
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| HOUSEGARTH LIMITED→ SC826263 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KRISPY CHICKEN AND FISH BAR LTD→ SC498000 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| NORT WIND ENTERPRISES LIMITED→ SC621992 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| NORTH HOTELS LTD→ SC292029 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ORKNEY ACCOMMODATION LTD→ SC798791 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ORKNEY CHALETS LIMITED→ SC555056 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ORKNEY RETREATS LTD→ SC831838 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PAYMÁN HOLDINGS 12 LTD→ SC710721 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PAYMÁN HOLDINGS 13 LTD→ SC711871 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PENNYGOWN HOLIDAY PARK LTD→ SC575162 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PENNYLAND HOUSE LTD→ SC351261 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PHD/BARGA LTD→ SC412413 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2019-08-28
Jurisdictionscotland
Primary SIC55900 — Other accommodation
Registered office
Ormlie Lodge
Ormlie Road
Thurso
Caithness
KW14 7DP
United Kingdom
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-10
Last: 2025-08-27
Officers (2 active · 1 resigned)
DUNNETT, George Alistair→
Activedirector · ~50y · appointed 2019-08-28
View their other companies + combined net worth →
DUNNETT, Sinclair→
Activedirector · ~45y · appointed 2019-08-28
View their other companies + combined net worth →
DUNNETT, George Coghill→
Resigneddirector · ~72y · appointed 2019-08-28 · resigned 2021-09-29
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Tading as Virgin Money) | A registered charge | 1 property | 23/06/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 23/06/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 05/02/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-10-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-29