ABERDEEN EXHIBITION AND CONFERENCE CENTRE LIMITED
Opportunity 60/100 (worth a look), bankability 62/100. Strong seller-intent signal (73/100, director aged 77). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
8 live charges · 4 lenders · oldest 41.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 41.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (148 events)Click to expand
- 2019-04-30📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2019-04-30🏁Company dissolved
- 2019-02-12📄gazette-notice-voluntarygazette · GAZ1(A)
- 2019-02-01📄dissolution-application-strike-off-companydissolution · DS01
- 2017-07-12📄accounts-with-accounts-type-fullaccounts · AA
- 2017-06-30➖CUMMING, Graeme Alexander resigneddirector
- 2017-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-06-13➕DONNELLY, Alan James appointeddirector
- 2017-06-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-05-17➕REYNOLDS, John Michael appointeddirector
- 2017-05-04➖CROCKETT, Barney, Councillor resigneddirector
- 2017-05-04➖DONNELLY, Alan James resigneddirector
- 2017-05-04➖MALONE, Aileen Jacqueline resigneddirector
- 2017-05-04➖REYNOLDS, John Michael resigneddirector
- 2017-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-01➖GILLESPIE, Edwin Andrew resigneddirector
- 2017-03-31➖HULSE, Elaine resigneddirector
- 2017-03-31➖LONIE, Louise resigneddirector
- 2017-03-31➖MANN, Fiona Elaine resigneddirector
- 2017-03-31➖RUNCIE, Geoffrey David resigneddirector
- 2017-03-31➖WATSON, John, Professor resigneddirector
- 2016-12-12📄accounts-with-accounts-type-fullaccounts · AA
- 2016-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2016-10-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-10-07➖BENZIE, Carol Margaret resigneddirector
- 2016-06-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-06-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-06-07🔓Charge satisfied #8
- 2016-06-07🔓Charge satisfied #5
- 2016-02-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-17➖YOUNG, William David resigneddirector
- 2015-04-30➖HORSBURGH, Brian William resigneddirector
- 2015-04-01➕LONIE, Louise appointeddirector
- 2015-03-05➕DONNELLY, Alan James appointeddirector
- 2015-01-15➖CAMERON, David John, Lord Provost resigneddirector
- 2014-03-12➕BENZIE, Carol Margaret appointeddirector
- 2013-10-02➖STEPHEN, Margaret Mcintosh resigneddirector
- 2013-03-22➖BLACKMAN, Kirsty resigneddirector
- 2013-03-22➕CAMERON, David John, Lord Provost appointeddirector
- 2013-01-23➕MANN, Fiona Elaine 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 age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2019-04-30
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Aberdeen City Council is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aberdeen City Council Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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 (0 active · 59 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Aberdeen City Council | Standard security which was presented for registration in scotland on 25 may 2006 and | 1 property | 17/05/2006 | 07/06/2016 | |
| outstanding | Aberdeen City Council | Debenture | 1 property | 17/05/2006 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Rental assignation | 2 properties | 20/06/2003 | 25/10/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A standard security which was presented for registration in scotland on 28 august 2001 and | 1 property | 24/07/2001 | 07/06/2016 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Scottish assignation | 1 property | 15/03/1995 | 09/08/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/10/1992 | 09/08/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC. | Standard security | 1 property | 18/07/1985 | 09/08/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC. | Charge | 1 property | 18/12/1984 | 23/05/2006 |