VAUGHAN ENGINEERING LIMITED
⚰️Wound downdissolved
SC050679 · ltd · incorporated 1972-05-31
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
- 43220Plumbing, heat and air-conditioning installation
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 60/100. 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 10.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 10.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
17 officers (4 active, 17 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
144 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 gazette
Last 180 days
6
filings
- • 3 officers
- • 2 gazette
- • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2026-04-07📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2026-04-07🏁Company dissolved
- 2026-01-20📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-01-09📄dissolution-application-strike-off-companydissolution · DS01
- 2025-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-12📄court-ordermiscellaneous · OC-DV
- 2024-06-13⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-03-13⚠️liquidation-in-administration-move-to-dissolution-scotland-2insolvency · AM23(Scot)
- 2023-10-20⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2023-09-29➖VAUGHAN, Albert John resigneddirector
- 2023-05-05⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2023-03-16⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2022-12-12⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2022-05-06⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2022-03-01⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2022-02-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-11⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2021-01-22⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2020-11-09⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2020-05-07⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2020-03-03⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2020-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-02-20🔓Charge satisfied #1
- 2019-11-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2019-05-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2019-03-04⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2018-03-26➖BLACK, Garry Rankine resigneddirector
- 2018-03-26➖GALLETLY, Gordon Wilson resigneddirector
- 2017-03-31➖FRASER, Douglas resigneddirector
- 2016-04-09🔒Charge registered #1Lender: Northern Bank Limited
- 2016-03-02➖PATERSON, Craig William resigneddirector
- 2014-02-15➖VAUGHAN, James Mark resigneddirector
- 2013-04-06➕GALLETLY, Gordon Wilson appointeddirector
- 2013-04-06➕PATERSON, Craig William appointeddirector
- 2011-03-31➖MILLER, Roger Moore resigneddirector
- 2010-01-04➕BLACK, Garry Rankine appointeddirector
- 2009-10-02➖MCKAY, John resigneddirector
- 2007-01-02➕FRASER, Douglas appointeddirector
- 2007-01-02➕MILLER, Roger Moore appointeddirector
- 2006-06-16➖WHEELER, Robert Geoffrey resigneddirector
- 2004-09-30➖HADDOW, James resigneddirector
- 2004-08-31➖MCMAHON, Peter resigneddirector
- 2001-04-01➕MCKAY, John appointeddirector
- 1995-11-08➕VAUGHAN, Gavin William appointedsecretary
- 1995-11-08➖PALMER, William Frederick Rodney resignedsecretary
- 1994-04-01➕WHEELER, Robert Geoffrey appointeddirector
- 1990-11-30➖PALMER, William Frederick Rodney resigneddirector
- 1972-05-31🏢Company incorporatedAs VAUGHAN ENGINEERING LIMITED
Owner dependency
88/100
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
- +Founder name in company name: Company name contains director surname "VAUGHAN" — strong identity link between founder and business.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 54 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-04-07
16 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-06-13: gazette-dissolved-liquidation; 2024-03-13: liquidation-in-administration-move-to-dissolution-scotland-2
Group structure
Vaughan Engineering Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Vaughan Engineering Group Limited
Corporate parent · holds 75-100% shares
⬇
VAUGHAN ENGINEERING LIMITED
This company · SC050679
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 |
|---|---|---|---|---|
Vaughan Engineering Group Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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
Active · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GEORGE LESLIE LIMITED→ SC251886 · est 2003 | £42.07M £30.05M–£54.09M | — | — | 43000 | 22y | 87 | 59y |
| MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980 | £19.04M £13.60M–£24.48M | — | — | 292 | 45y | 87 | 61y |
| SLM MACKENZIE LIMITED→ SC243618 · est 2003 | £19.02M £13.59M–£24.46M | — | — | 292 | 23y | 86 | 63y |
| LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975 | £11.36M £8.11M–£14.61M | — | — | 540 | 50y | 87 | 60y |
| CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000 | £6.45M £4.61M–£8.30M | — | — | 3700 | 26y | 85 | 65y |
| A.B. 2000 LTD.→ SC155832 · est 1995 | £6.43M £4.59M–£8.26M | — | — | 10600 | 31y | 84 | 46y |
| FRONT LINE CONSTRUCTION LIMITED→ SC068593 · est 1979 | £3.67M £2.62M–£4.72M | — | — | 106 | 46y | 83 | 56y |
| VEITCHI INTERIORS LIMITED→ SC042401 · est 1965 | £3.00M £2.15M–£3.86M | — | — | 53 | 60y | 87 | 61y |
| WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986 | £968.2k £691.5k–£1.24M | — | — | 66 | 39y | 85 | 70y |
| INSITE CONTRACTS LIMITED→ SC162464 · est 1996 | £682.9k £487.8k–£878.0k | — | — | 47 | 30y | 85 | 60y |
| TARPAVE LIMITED→ SC240089 · est 2002 | £32.6k £23.3k–£41.9k | £2.30M | — | 1100 | 23y | 84 | 65y |
| A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008 | — | — | £2.19M | — | 17y | 83 | 58y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Typeltd
Incorporated1972-05-31
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
C/O INTERPATH
5th Floor, 130 St. Vincent Street
Glasgow
G2 5HF
Filing status
Accounts
Next due: —
Last made up to: 2017-03-31
Confirmation statement
Next due: —
Last: 2017-12-10
Officers (0 active · 13 resigned)
VAUGHAN, Gavin William→
Activesecretary · appointed 1995-11-08
View their other companies + combined net worth →
Active
Active
Active
PALMER, William Frederick Rodney→
Resignedsecretary · resigned 1995-11-08
BLACK, Garry Rankine→
Resigneddirector · ~65y · appointed 2010-01-04 · resigned 2018-03-26
FRASER, Douglas→
Resigneddirector · ~69y · appointed 2007-01-02 · resigned 2017-03-31
GALLETLY, Gordon Wilson→
Resigneddirector · ~66y · appointed 2013-04-06 · resigned 2018-03-26
HADDOW, James→
Resigneddirector · ~89y · resigned 2004-09-30
MCKAY, John→
Resigneddirector · ~83y · appointed 2001-04-01 · resigned 2009-10-02
MCMAHON, Peter→
Resigneddirector · ~82y · resigned 2004-08-31
MILLER, Roger Moore→
Resigneddirector · ~77y · appointed 2007-01-02 · resigned 2011-03-31
PALMER, William Frederick Rodney→
Resigneddirector · resigned 1990-11-30
PATERSON, Craig William→
Resigneddirector · ~56y · appointed 2013-04-06 · resigned 2016-03-02
VAUGHAN, Albert John→
Resigneddirector · ~97y · resigned 2023-09-29
VAUGHAN, James Mark→
Resigneddirector · ~66y · resigned 2014-02-15
WHEELER, Robert Geoffrey→
Resigneddirector · ~75y · appointed 1994-04-01 · resigned 2006-06-16
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Northern Bank Northern Bank Limited | A registered charge | — | 09/04/2016 | 20/02/2020 |
Recent filings (144 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-04-07
gazette-notice-voluntary
gazette · GAZ1(A)
2026-01-20
dissolution-application-strike-off-company
dissolution · DS01
2026-01-09
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
court-order
miscellaneous · OC-DV
2024-08-12
gazette-dissolved-liquidation
gazette · GAZ2
2024-06-13
liquidation-in-administration-move-to-dissolution-scotland-2
insolvency · AM23(Scot)
2024-03-13
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2023-10-20
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2023-05-05
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2023-03-16
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2022-12-12
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2022-05-06
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2022-03-01