W G REALISATIONS LIMITED
- 3614SIC 3614
- 9231SIC 9231
Opportunity 46/100 (watch), bankability 27/100. 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: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
Refinance opportunity
7 live charges · 3 lenders · oldest 32.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 32.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (49/100)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 (46 events)Click to expand
- 2017-09-30⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2017-09-30🏁Company dissolved
- 2017-06-30⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2016-11-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-05-16⚠️liquidation-receiver-ceasing-to-act-scotlandinsolvency · 3(Scot)
- 2004-12-09📍legacyaddress · 287
- 2004-11-26⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2004-11-26⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2004-09-21📍legacyaddress · 287
- 2004-06-25⚠️liquidation-receiver-receivers-report-scotlandinsolvency · 3.5(Scot)
- 2004-06-21✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2004-04-02⚠️liquidation-receiver-appointment-of-receiver-scotlandinsolvency · 1(Scot)
- 2004-03-22📄legacyofficers · 288b
- 2004-03-19➖CHESHIRE, Philip resigneddirector
- 2003-09-03📄legacymortgage · 410(Scot)
- 2003-08-26📄legacymortgage · 410(Scot)
- 2003-08-21🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2003-08-21🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2003-08-04📄legacyofficers · 288a
- 2003-07-30➕EVANS, John Douglas appointedsecretary
- 2003-07-25➖HAGGART, John resignedsecretary
- 2003-07-25➖HAGGART, John resigneddirector
- 2003-07-15📄legacyofficers · 288b
- 2003-05-20📄legacyofficers · 288a
- 2003-05-20📄legacyannual-return · 363s
- 2003-05-12➕CHESHIRE, Philip appointeddirector
- 2003-05-01📄accounts-with-accounts-type-mediumaccounts · AA
- 2003-03-07📄legacymortgage · 410(Scot)
- 2003-03-04🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2002-09-10📄legacymortgage · 410(Scot)
- 2002-09-03🔒Charge registered #4Lender: The Royal Bank of Scotland Commercial Services Limited
- 2002-06-12📄legacymortgage · 419a(Scot)
- 2002-06-12📄legacymortgage · 419a(Scot)
- 2002-06-12🔓Charge satisfied #2
- 2002-06-12🔓Charge satisfied #1
- 2002-06-06📄legacyannual-return · 363s
- 2002-04-30📄accounts-with-accounts-type-mediumaccounts · AA
- 1999-10-21🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1999-05-01➕HAGGART, John appointeddirector
- 1999-02-01➕COOPER, Robert Alan appointeddirector
- 1996-04-22➕HAGGART, John appointedsecretary
- 1996-04-19➖RAVENHALL, Donald John Campbell resignedsecretary
- 1994-04-18🔒Charge registered #2Lender: Scottish Homes
- 1994-04-18🔒Charge registered #1Lender: Scottish Homes
- 1990-05-10➖GARDEN, Janet Burns resigneddirector
- 1924-01-12🏢Company incorporatedAs W G REALISATIONS LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 93 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 93 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 102 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med · 1 lowCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2017-09-30
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-09-30: gazette-dissolved-liquidation; 2017-06-30: liquidation-compulsory-return-of-final-meeting-scotland
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.
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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11 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 · 5 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 | Legal charge | 1 property | 21/08/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 21/08/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/03/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Floating charge | 1 property | 03/09/2002 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/10/1999 | — | |
| satisfied | Scottish Homes | Standard security | 1 property | 18/04/1994 | 12/06/2002 | |
| satisfied | Scottish Homes | Standard security | 1 property | 18/04/1994 | 12/06/2002 |