APPLECROSS PROPERTIES LIMITED

⚰️Wound downdissolved
SC069229 · ltd · incorporated 1979-08-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
Watch
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What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 32/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 20 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

113 live charges · 20 lenders · oldest 44.0y

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 44.0 years old — likely at or near maturity.
  • · 20 lenders named — inter-creditor friction likely.
  • · Legal-friction score 70/100 (specialist).

Data confidence

Overall: low (47/100)

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
113 charges (113/113 with lender, 113/113 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 7 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
269 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
50
Some acquirability indicators.
Risk profile
38
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 (239 events)Click to expand
  1. 2023-03-07
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2023-03-07
    🏁
    Company dissolved
  3. 2022-12-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2022-10-18
    ⚠️
    liquidation-receiver-ceasing-to-act-scotland
    insolvency · 3(Scot)
  5. 2014-04-04
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  6. 2009-12-05
    📄
    termination-director-company-with-name
    officers · TM01
  7. 2009-12-04
    📄
    termination-director-company-with-name
    officers · TM01
  8. 2009-11-30
    AGGETT, Graham Francis resigned
    director
  9. 2009-11-30
    CUMBERLAND, Colin resigned
    director
  10. 2009-06-22
    📄
    legacy
    officers · 288b
  11. 2009-06-18
    📄
    legacy
    officers · 288b
  12. 2009-06-15
    HALL, Craig Fairley resigned
    director
  13. 2009-06-10
    PUYRIGAUD, Pierre resigned
    director
  14. 2009-06-08
    📍
    legacy
    address · 287
  15. 2009-06-01
    ⚠️
    liquidation-receiver-appointment-of-receiver-scotland
    insolvency · 1(Scot)
  16. 2009-05-26
    📄
    legacy
    mortgage · 419a(Scot)
  17. 2009-05-26
    📄
    legacy
    mortgage · 419a(Scot)
  18. 2009-05-26
    📄
    legacy
    mortgage · 419a(Scot)
  19. 2009-05-26
    📄
    legacy
    mortgage · 419a(Scot)
  20. 2009-05-22
    🔓
    Charge satisfied #143
  21. 2009-05-22
    🔓
    Charge satisfied #142
  22. 2009-05-22
    🔓
    Charge satisfied #141
  23. 2009-05-22
    🔓
    Charge satisfied #140
  24. 2009-04-08
    📄
    legacy
    annual-return · 363a
  25. 2009-03-18
    📄
    legacy
    mortgage · 410(Scot)
  26. 2009-03-04
    🔒
    Charge registered #164
    Lender: Bank of Scotland PLC
  27. 2009-02-25
    📄
    legacy
    mortgage · 410(Scot)
  28. 2009-02-19
    🔒
    Charge registered #163
    Lender: Bank of Scotland PLC
  29. 2009-01-06
    📄
    legacy
    mortgage · 410(Scot)
  30. 2008-12-24
    📄
    legacy
    mortgage · 410(Scot)
  31. 2008-12-24
    📄
    legacy
    mortgage · 410(Scot)
  32. 2008-12-24
    📄
    legacy
    mortgage · 410(Scot)
  33. 2008-12-20
    📄
    legacy
    mortgage · 410(Scot)
  34. 2008-12-19
    🔒
    Charge registered #162
    Lender: Bank of Scotland PLC
  35. 2008-12-19
    🔒
    Charge registered #161
    Lender: Bank of Scotland PLC
  36. 2008-12-19
    🔒
    Charge registered #160
    Lender: Bank of Scotland PLC
  37. 2008-12-19
    🔒
    Charge registered #159
    Lender: Bank of Scotland PLC
  38. 2008-12-12
    🔒
    Charge registered #158
    Lender: Bank of Scotland PLC
  39. 2008-11-28
    📄
    accounts-with-accounts-type-group
    accounts · AA
  40. 2008-06-17
    📄
    legacy
    officers · 288b
  41. 2008-06-06
    MURPHY, William Andrew resigned
    director
  42. 2008-06-06
    📄
    legacy
    annual-return · 363a
  43. 2008-02-13
    🔒
    Charge registered #157
    Lender: Bank of Scotland PLC
  44. 2008-02-13
    🔒
    Charge registered #156
    Lender: Other
  45. 2007-10-09
    🔒
    Charge registered #155
    Lender: Forth Property Developments Limited
  46. 2007-10-09
    🔒
    Charge registered #153
    Lender: Bank of Scotland PLC
  47. 2007-10-08
    🔒
    Charge registered #154
    Lender: Forth Property Developments Limited
  48. 2007-10-08
    🔒
    Charge registered #152
    Lender: Bank of Scotland PLC
  49. 2007-10-08
    🔒
    Charge registered #151
    Lender: Forth Property Developments Limited
  50. 2007-10-08
    🔒
    Charge registered #150
    Lender: Forth Property Developments Limited
Showing most recent 50 of 239 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med · 1 low
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-03-07

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-10-18: liquidation-receiver-ceasing-to-act-scotland; 2009-06-01: liquidation-receiver-appointment-of-receiver-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

27 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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 →
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Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated1979-08-29
Jurisdictionscotland
Primary SIC4521 — SIC 4521

Registered office

Atria One, 144 Morrison Street
Edinburgh
Midlothian
EH3 8EX

Filing status

Accounts
Next due:
Last made up to: 2007-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 8 resigned)

BELL & SCOTT (SECRETARIAL SERVICES) LIMITED
corporate-secretary · appointed 2004-05-19
View their other companies + combined net worth →
Active
BELL & SCOTT (SECRETARIAL SERVICES) LIMITED
corporate-nominee-secretary · resigned 2004-05-19
Resigned
AGGETT, Graham Francis
director · ~73y · resigned 2009-11-30
Resigned
CUMBERLAND, Colin
director · ~72y · resigned 2009-11-30
Resigned
HALL, Craig Fairley
director · ~60y · appointed 2005-01-01 · resigned 2009-06-15
Resigned
MURPHY, William Andrew
director · ~64y · appointed 2002-06-28 · resigned 2008-06-06
Resigned
PUYRIGAUD, Pierre
director · ~59y · appointed 2002-06-28 · resigned 2009-06-10
Resigned
STEEL, John Derek
director · ~82y · resigned 2000-01-26
Resigned
TORRANCE, Ian
director · ~72y · appointed 1992-04-06 · resigned 1999-12-24
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

113
Total charges
27
Outstanding
6
Active lenders
Status:Lender:113 of 113 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property04/03/2009
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property19/02/2009
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property19/12/2008
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property19/12/2008
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property19/12/2008
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property19/12/2008
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Legal charge1 property12/12/2008
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property13/02/2008
outstanding
Other
Standard security1 property13/02/2008
outstanding
Forth Property Developments
Forth Property Developments Limited
Standard security1 property09/10/2007
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property09/10/2007
outstanding
Forth Property Developments
Forth Property Developments Limited
Standard security1 property08/10/2007
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property08/10/2007
outstanding
Forth Property Developments
Forth Property Developments Limited
Standard security1 property08/10/2007
outstanding
Forth Property Developments
Forth Property Developments Limited
Standard security1 property08/10/2007
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property08/10/2007
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/01/2007
outstanding
Merchiston Castle School
Standard security1 property11/01/2007
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/11/2006
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property14/07/2006
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/11/2004
satisfied
George Wimpey East Scotland
George Wimpey East Scotland Limited
Standard security1 property28/10/200422/05/2009
satisfied
The City of Edinburgh Council
Standard security1 property28/10/200422/05/2009
satisfied
The City of Edinburgh Council
Standard security1 property28/10/200422/05/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property28/10/200422/05/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/08/200424/01/2006
satisfied
Midlothian Council
Standard security1 property10/08/200424/01/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/09/200325/01/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property22/07/200309/02/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties12/11/200212/09/2003
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property31/10/200209/02/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/09/200212/09/2003
satisfied
Stuart Neilson Oates and Another
Standard security1 property05/09/200214/02/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/09/200216/07/2003
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property15/05/200112/09/2003
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property09/03/200027/06/2005
satisfied
Peter Douglas Blyth & Maureen Elizabeth Mclennan or Blyth
Standard security1 property06/03/200027/06/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property14/02/200009/02/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/05/199921/03/2003
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/04/199827/07/1999
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property12/03/199809/02/2005
satisfied
Wylies (Edinburgh)
Wylies (Edinburgh) Limited
Standard security4 properties06/03/199819/12/2000
satisfied
John Gaff Blake
Standard security1 property16/02/199819/12/2000
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property16/02/199821/03/2003
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property09/02/199827/07/1999
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/11/199719/12/2000
satisfied
The Peter Walker Group
The Peter Walker Group Limited
Standard security1 property13/01/199708/05/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/01/199708/05/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property18/12/199619/12/2000
satisfied
The Proprietors of the Edinburgh Academy
Standard security1 property28/05/199617/02/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property28/05/199617/02/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property23/04/199607/10/1996
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/04/199609/10/1996
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property19/10/199509/10/1996
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property22/03/199517/02/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property29/07/199420/09/1996
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property16/12/199320/09/1996
satisfied
John Derek Steel
Standard security1 property16/12/199301/02/1995
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property24/03/199301/09/1994
satisfied
John Derek Steel
Standard security1 property24/03/199301/09/1994
satisfied
Pentland
Pentland Limited
Standard security1 property08/12/199216/06/1998
satisfied
John Derek Steel
Standard security1 property08/12/199224/06/1994
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/12/199216/06/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/01/199210/06/1994
satisfied
John Derek Steel
Standard security1 property17/01/199210/06/1994
outstanding
Douglas Cornhill
Standard security1 property02/08/1990
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/08/199010/06/1994
satisfied
John Derek Steel
Standard security1 property02/08/199010/06/1994
satisfied
John Derek Steel
Standard security1 property23/01/199030/04/1993
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property23/01/199030/04/1993
satisfied
John Derek Steel
Standard security1 property30/10/198923/07/1992
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property30/10/198923/07/1992
satisfied
John Derek Steel
Standard security1 property07/08/198920/08/1990
satisfied
John Joseph Callaghan
Standard security1 property07/08/198904/12/1989
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property07/08/198920/08/1990
satisfied
John Derek Steel
Standard security1 property10/04/198921/05/1991
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/04/198921/05/1991
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/11/198813/05/1991
satisfied
John D Steel Edinburgh
Postponed standard security1 property08/11/198813/05/1991
satisfied
John Derek Steel
Standard security1 property29/06/198814/02/1990
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property29/06/198814/02/1990
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/06/198730/11/1988
satisfied
John Derek Steel
Standard security1 property08/06/198730/11/1988
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property31/10/198612/11/1987
satisfied
John Derek Steel
Standard security1 property31/10/198612/11/1987
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Letter of postponement1 property10/07/198629/03/1990
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property11/04/1986
satisfied
John Derek Steel
Standard security1 property24/12/198506/03/1987
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property24/12/198506/03/1987
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property18/10/198518/04/1990
satisfied
John Derek Steel
Standard security1 property18/10/198518/04/1990
satisfied
John Derek Steel
Standard security1 property25/09/198508/03/1987
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/09/198506/03/1987
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property24/09/1985
outstanding
John Derek Steel
Standard security1 property24/09/1985
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property28/06/198520/05/1986
satisfied
John Derek Steel
Standard security1 property25/06/198520/05/1986
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/01/198518/04/1990
satisfied
John Derek Steel
Standard security1 property10/01/198518/04/1990
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/08/198403/05/1985
satisfied
John Derek Steel
Standard security1 property13/08/198403/05/1985
satisfied
John Derek Steel
Standard security1 property09/11/198214/01/1985
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property09/11/198214/01/1985
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property06/08/198224/02/1992
satisfied
John Derek Steel
Standard security1 property06/08/198224/02/1992
satisfied
John Derek Steel
Standard security1 property22/07/198214/01/1985
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property22/07/198223/01/1985
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/06/198210/07/1985
satisfied
John Derek Steel
Standard security1 property01/06/198210/07/1985
satisfied
John Derek Steel
Standard security1 property01/06/198215/01/1985
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/06/1982
satisfied
John Derek Steel
Floating charge1 property27/05/198227/07/1994
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property27/05/1982
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (269 total)

gazette-dissolved-compulsory
gazette · GAZ2
2023-03-07
gazette-notice-compulsory
gazette · GAZ1
2022-12-06
liquidation-receiver-ceasing-to-act-scotland
insolvency · 3(Scot)
2022-10-18
change-registered-office-address-company-with-date-old-address
address · AD01
2014-04-04
termination-director-company-with-name
officers · TM01
2009-12-05
termination-director-company-with-name
officers · TM01
2009-12-04
legacy
officers · 288b
2009-06-22
legacy
officers · 288b
2009-06-18
legacy
address · 287
2009-06-08
liquidation-receiver-appointment-of-receiver-scotland
insolvency · 1(Scot)
2009-06-01
legacy
mortgage · 419a(Scot)
2009-05-26
legacy
mortgage · 419a(Scot)
2009-05-26
legacy
mortgage · 419a(Scot)
2009-05-26
legacy
mortgage · 419a(Scot)
2009-05-26
legacy
annual-return · 363a
2009-04-08