WYVERN STRUCTURES LIMITED
Opportunity 41/100 (watch), bankability 0/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.
Refinance opportunity
8 live charges · 3 lenders · oldest 57.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 57.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (47/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (41 events)Click to expand
- 2023-11-17➖MACNAB, Colin T resigneddirector
- 2019-11-14📄court-ordermiscellaneous · OC-DV
- 2018-12-12⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2018-12-12🏁Company dissolved
- 2018-09-12⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2018-06-12➖MACNAB, Isobel Anne resigneddirector
- 1999-04-08⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1999-04-08⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1999-04-08⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1997-11-03📄miscellaneousmiscellaneous · MISC
- 1997-11-03📄miscellaneousmiscellaneous · MISC
- 1997-11-03📄miscellaneousmiscellaneous · MISC
- 1997-11-03📄miscellaneousmiscellaneous · MISC
- 1997-11-03📄miscellaneousmiscellaneous · MISC
- 1997-03-10⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1997-01-21⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1997-01-21⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1997-01-21⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1997-01-21⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1995-02-16⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1994-04-08⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1993-06-29⚠️legacyinsolvency · SPEC PEN
- 1993-03-22⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 1993-03-22⚠️liquidation-voluntary-declaration-of-solvency-scotlandinsolvency · 4.25(Scot)
- 1993-03-22📄resolutionresolution · RESOLUTIONS
- 1993-03-22📍legacyaddress · 287
- 1993-03-19⚠️liquidation-compulsory-appointment-liquidatorinsolvency · 4.31
- 1992-09-01✏️certificate-change-of-name-companychange-of-name · CERTNM
- 1992-03-20➕MACNAB, Isobel Anne appointeddirector
- 1987-11-23🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 1986-10-01🔒Charge registered #10Lender: The Governor and Company of the Bank of Scotland
- 1986-07-23🔓Charge satisfied #3
- 1986-07-23🔓Charge satisfied #4
- 1986-07-23🔓Charge satisfied #2
- 1986-01-31🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1985-12-02🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 1983-07-07🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1983-05-16🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1983-05-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1968-12-09🔒Charge registered #1Lender: County Council of the County of West Lothian
- 1920-03-24🏢Company incorporatedAs WYVERN STRUCTURES LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 92 — 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 92 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 106 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 2 med · 1 lowStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 1995-10-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-07-03
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2018-12-12: gazette-dissolved-liquidation; 2018-09-12: liquidation-voluntary-return-of-final-meeting-scotland
Companies House flags prior insolvency events. Review the insolvency filings for context.
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
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14 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 (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 23/11/1987 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 01/10/1986 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 31/01/1986 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 02/12/1985 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/07/1983 | 23/07/1986 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Letter of agreement | 1 property | 16/05/1983 | 23/07/1986 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Letter of agreement | 1 property | 16/05/1983 | 23/07/1986 | |
| outstanding | County Council of the County of West Lothian | Ex facie disposition & minute of agreement | 1 property | 09/12/1968 | — |