THE SCOTTISH AGRICULTURAL SECURITIES CORPORATION P.L.C.
⚰️Wound downdissolved
SC017142 · plc · incorporated 1933-01-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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
—
not disclosed
Net worth
—
book net assets
Opportunity
39/100
Watch
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 39/100 (watch), bankability 32/100. Strong seller-intent signal (68/100, director aged 91). 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 (55/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
9 live charges · 5 lenders · oldest 58.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 58.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
25 officers (5 active, 25 linked, 22 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
135 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
23
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (85 events)Click to expand
- 2017-05-01⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2017-05-01🏁Company dissolved
- 2017-02-01⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2016-01-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-01-21📄resolutionresolution · RESOLUTIONS
- 2015-08-11📄accounts-with-accounts-type-fullaccounts · AA
- 2015-07-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-09-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-09-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-09-19➕CRUICKSHANKS, John appointeddirector
- 2014-09-19➖LUND, John Kenneth resigneddirector
- 2014-07-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-17📄accounts-with-accounts-type-fullaccounts · AA
- 2014-07-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2014-07-10🔓Charge satisfied #4
- 2013-07-22📄accounts-with-accounts-type-fullaccounts · AA
- 2013-07-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-03-28📄appoint-person-director-company-with-nameofficers · AP01
- 2013-03-27➕GIBSON, Robert appointeddirector
- 2012-12-21📄termination-director-company-with-nameofficers · TM01
- 2012-12-19➖MACKIE, William, Dr resigneddirector
- 2012-08-03📄change-person-director-company-with-change-dateofficers · CH01
- 2012-08-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-01📄accounts-with-accounts-type-fullaccounts · AA
- 2011-09-27📄appoint-person-director-company-with-nameofficers · AP01
- 2011-09-27📄termination-director-company-with-nameofficers · TM01
- 2011-09-23➕HAY, Alexander James appointeddirector
- 2011-09-23➖KERR, Donald resigneddirector
- 2011-08-03📄accounts-with-accounts-type-fullaccounts · AA
- 2011-07-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-16📄accounts-with-accounts-type-fullaccounts · AA
- 2010-08-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-02📄change-person-director-company-with-change-dateofficers · CH01
- 2010-05-18🔓Charge satisfied #7
- 2010-02-12🔓Charge satisfied #5
- 2009-07-29🔓Charge satisfied #8
- 2008-10-24➕KERR, Donald appointeddirector
- 2008-10-24➖TAYLOR, John Graham resigneddirector
- 2007-02-23➕MACKIE, William, Dr appointeddirector
- 2007-02-23➖OGSTON, John Charles resigneddirector
- 2006-07-27🔓Charge satisfied #6
- 2006-02-22➖JOHNSTON, Brian resigneddirector
- 2006-02-22➕TAYLOR, John Graham appointeddirector
- 2004-06-25➖HODKINSON, Keith George resigneddirector
- 2004-06-25➕LUND, John Kenneth appointeddirector
- 2004-02-20➕JOHNSTON, Brian appointeddirector
- 2004-02-11➖HOWARTH, Peter resigneddirector
- 2003-12-19➕OGSTON, John Charles appointeddirector
- 2003-10-23➖QUEEN, John Eadie resigneddirector
- 2000-08-24➕HOWARTH, Peter appointeddirector
Showing most recent 50 of 85 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 91 — succession pressure is live.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 91 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 93 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2016-09-30
Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2017-05-01
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-05-01: gazette-dissolved-liquidation; 2017-02-01: liquidation-voluntary-return-of-final-meeting-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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
Active · Financial services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PHOENIX WEALTH SOLUTIONS LIMITED→ SC222334 · est 2001 | — | — | £1.01M | — | 24y | 83 | 59y |
| AFFLUENT FINANCIAL PLANNING LTD.→ SC161571 · est 1995 | — | — | — | 700 | 30y | 82 | 62y |
| FIREBIRD CAPITAL LTD→ SC244105 · est 2003 | — | — | — | — | 23y | 82 | 73y |
| MANOR PARK FINANCIAL SERVICES LIMITED→ SC133100 · est 1991 · no financials extracted | — | — | — | — | 34y | 82 | 69y |
| ADVANCED (SCOTLAND) LIMITED→ SC280438 · est 2005 | — | — | £106.0k | — | 21y | 81 | 64y |
| FINANCIAL PLANNING OPTIONS LTD→ SC319521 · est 2007 | — | — | £278.2k | — | 19y | 81 | 59y |
| A & J MORTGAGES LIMITED→ SC287935 · est 2005 | — | — | £9.7k | — | 20y | 80 | 63y |
| ADVANCED FINANCIAL STRATEGIES LIMITED→ SC303141 · est 2006 | — | — | £13.0k | — | 19y | 80 | 66y |
| ARGYLL WEALTH CONSULTANTS LIMITED→ SC244103 · est 2003 | — | — | — | 400 | 23y | 80 | 69y |
| CONQUER MORTGAGE SERVICES LIMITED→ SC265558 · est 2004 | — | — | £23.1k | — | 22y | 80 | 62y |
| FINANCIAL PLANNING OBJECTIVES LIMITED→ SC303462 · est 2006 | — | — | — | 4 | 19y | 80 | 63y |
| G H J S LTD.→ SC353072 · est 2009 | — | — | £155.1k | — | 17y | 80 | 80y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
12 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
Statusdissolved
Typeplc
Incorporated1933-01-28
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
Titanium 1 Kings Inch Place
Renfrew
PA4 8WF
Filing status
Accounts
Next due: 2016-09-30OVERDUE
Last made up to: 2015-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 20 resigned)
MIRTLE, Jonathan Michael→
Activesecretary · appointed 1996-05-01
View their other companies + combined net worth →
CRUICKSHANKS, John→
Activedirector · ~74y · appointed 2014-09-19
View their other companies + combined net worth →
GIBSON, Robert→
Activedirector · ~58y · appointed 2013-03-27
View their other companies + combined net worth →
HAY, Alexander James→
Activedirector · ~62y · appointed 2011-09-23
View their other companies + combined net worth →
Active
BALLANTYNE, Tom Hugh→
Resignedsecretary · appointed 1995-01-01 · resigned 1996-05-01
RICHARDSON, Nigel Buist→
Resignedsecretary · resigned 1994-12-31
CORNER, Douglas Robertson→
Resigneddirector · ~82y · appointed 1992-03-31 · resigned 1995-05-31
HODKINSON, Keith George→
Resigneddirector · ~79y · appointed 1993-09-30 · resigned 2004-06-25
HOWARTH, Peter→
Resigneddirector · ~73y · appointed 2000-08-24 · resigned 2004-02-11
HUNTER, John Stewart→
Resigneddirector · ~78y · appointed 1996-03-16 · resigned 2000-08-24
JOHNSTON, Brian→
Resigneddirector · ~72y · appointed 2004-02-20 · resigned 2006-02-22
KERR, Donald→
Resigneddirector · ~58y · appointed 2008-10-24 · resigned 2011-09-23
LUND, John Kenneth→
Resigneddirector · ~65y · appointed 2004-06-25 · resigned 2014-09-19
MACKIE, William, Dr→
Resigneddirector · ~67y · appointed 2007-02-23 · resigned 2012-12-19
MACKIN, Alastair Thomas Daniel→
Resigneddirector · ~90y · appointed 1991-09-30 · resigned 1992-03-31
MCINNES, Robert Macdonald→
Resigneddirector · ~86y · appointed 1990-12-21 · resigned 1992-12-18
OGSTON, John Charles→
Resigneddirector · ~69y · appointed 2003-12-19 · resigned 2007-02-23
QUEEN, John Eadie→
Resigneddirector · ~83y · appointed 1995-06-01 · resigned 2003-10-23
REID, Alexander James→
Resigneddirector · ~91y · resigned 1990-12-21
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Allied Irish Banks Allied Irish Banks PLC | Floating charge | 1 property | 23/12/1993 | 21/01/2000 | |
| satisfied | Scottish Widows Fund and Life Assurance Society | Floating charge | 1 property | 19/10/1993 | 29/07/2009 | |
| satisfied | Hte Prudential Assurance Company Hte Prudential Assurance Company Limited | Floating charge | 1 property | 11/05/1992 | 18/05/2010 | |
| satisfied | Scottish Widows Fund and Life Assurance Society | Floating charge | 1 property | 17/01/1989 | 27/07/2006 | |
| satisfied | The Standard Life Assurance Company | Floating charge | 1 property | 27/02/1987 | 12/02/2010 | |
| satisfied | Caledonian Insurance Company | Series of debentures | — | 19/07/1979 | 10/07/2014 | |
| satisfied | Caledonian Insurance Company | Series of debenture | — | 20/05/1976 | 21/09/1993 | |
| satisfied | Caledonian Insurance Company | Series of debenture | — | 29/05/1969 | 18/12/1991 | |
| satisfied | Caledonian Insurance Company | Debenture | — | 29/06/1967 | 22/12/1992 |
Recent filings (135 total)
gazette-dissolved-liquidation
gazette · GAZ2
2017-05-01
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2017-02-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-01-21
resolution
resolution · RESOLUTIONS
2016-01-21
accounts-with-accounts-type-full
accounts · AA
2015-08-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-20
appoint-person-director-company-with-name-date
officers · AP01
2014-09-24
termination-director-company-with-name-termination-date
officers · TM01
2014-09-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-23
accounts-with-accounts-type-full
accounts · AA
2014-07-17
mortgage-satisfy-charge-full
mortgage · MR04
2014-07-10
accounts-with-accounts-type-full
accounts · AA
2013-07-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-22
appoint-person-director-company-with-name
officers · AP01
2013-03-28
termination-director-company-with-name
officers · TM01
2012-12-21