DUCTMATE (EUROPE) LIMITED
⚰️Wound downdissolved
SC078814 · ltd · incorporated 1982-05-24
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
54/100
Worth a look
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 42/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 41.8y
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 41.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (53/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
19 officers (4 active, 19 linked, 16 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
14 connected companies via shared directors
87
Filing history
137 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
85
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
- 2018-10-31⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2018-10-31🏁Company dissolved
- 2018-07-31⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2018-02-28⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2017-12-27⚠️liquidation-in-administration-appointment-of-replacement-additional-administrator-scotlandinsolvency · 2.31B(Scot)
- 2017-12-27⚠️liquidation-in-administration-vacation-of-office-scotlandinsolvency · 2.30B(Scot)
- 2017-09-11⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2017-07-21⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2017-03-16⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2017-03-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2017-02-01⚠️liquidation-in-administration-deemed-proposal-scotlandinsolvency · 2.16BZ(Scot)
- 2017-01-17⚠️liquidation-in-administration-deemed-proposal-scotlandinsolvency · 2.16BZ(Scot)
- 2016-11-04⚠️liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attachedinsolvency · 2.15B(Scot)
- 2016-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-08-12⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2016-07-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-06-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-05-27➖MANN, Richard John resigneddirector
- 2016-03-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-02-25📄accounts-with-accounts-type-fullaccounts · AA
- 2016-02-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-02-17🔒Charge registered #4Lender: Hsbc Bank PLC
- 2016-02-01➕BURGOYNE, Christopher appointeddirector
- 2015-11-27📄change-person-director-company-with-change-dateofficers · CH01
- 2015-11-27📄change-person-director-company-with-change-dateofficers · CH01
- 2015-11-27📄change-person-director-company-with-change-dateofficers · CH01
- 2015-07-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-06-26➖COOMBES, Robert Christopher resigneddirector
- 2014-05-13➕COOMBES, Robert Christopher appointeddirector
- 2014-03-31➖ROBERTSON, Cameron Bruce resigneddirector
- 2014-01-06➕THOMSON, Teresa Carol appointeddirector
- 2013-11-29➖HALL, Gary resigneddirector
- 2013-11-15➖MILNE, Fiona Jane resignedsecretary
- 2012-09-04🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) Limited
- 2009-07-17➖MATHIESON, James Gordon resignedsecretary
- 2009-07-17➕MILNE, Fiona Jane appointedsecretary
- 2008-08-14➕BISSET, Bruce appointeddirector
- 2008-08-14➕MATHIESON, James Gordon appointeddirector
- 2008-08-14➖GEORGE, Fergus William resigneddirector
- 2008-08-14➖HUTCHISON, Craig resigneddirector
- 2008-08-14➕MANN, Richard John appointeddirector
- 2008-08-14➕ROBERTSON, Cameron Bruce appointeddirector
- 2001-09-03➖GEORGE, Fergus William resignedsecretary
- 2001-09-03➕MATHIESON, James Gordon appointedsecretary
- 2001-09-03➕HALL, Gary appointeddirector
- 2001-04-30➖MCGLONE, Frank Wilson resigneddirector
- 2001-04-30➖STRACHAN, James resigneddirector
- 1997-04-05➖DICKSON, Harry resigneddirector
Showing most recent 50 of 59 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 44 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-10-31
13 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2018-10-31: gazette-dissolved-liquidation; 2018-07-31: liquidation-in-administration-move-to-dissolution-scotland
🔒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 · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLIANCE SANITARY PRODUCTS LIMITED→ SC261393 · est 2004 | £8.86M £6.65M–£11.08M | — | — | 2900 | 22y | 86 | 69y |
| FAILTE FOOD SERVICE LIMITED→ SC275128 · est 2004 | £7.59M £5.69M–£9.48M | — | — | 71 | 21y | 85 | 66y |
| WESTSIDE DISTRIBUTION HOLDINGS LIMITED→ SC648056 · est 2019 | £5.77M £4.33M–£7.21M | — | — | 27 | 6y | 84 | 67y |
| WESTSIDE DISTRIBUTION LIMITED→ SC365971 · est 2009 | £5.77M £4.33M–£7.21M | — | — | 27 | 16y | 88 | 67y |
| WILLIAM MORTON LIMITED→ SC056257 · est 1974 | £5.23M £3.93M–£6.54M | — | — | 141 | 51y | 85 | 74y |
| SOUTHEAST TRADERS LIMITED→ SC235763 · est 2002 | £4.00M £3.00M–£5.01M | — | — | 26 | 23y | 88 | 67y |
| SCO-FRO GROUP LIMITED→ SC057644 · est 1975 | £2.74M £2.06M–£3.43M | — | — | 20 | 51y | 95 | 72y |
| D MCNAIR (BUILDERS MERCHANTS) LIMITED→ SC089357 · est 1984 | £2.35M £1.76M–£2.93M | — | — | 69 | 41y | 85 | 63y |
| EAGLE TUBE AND FLANGES LIMITED→ SC084811 · est 1983 | £2.14M £1.60M–£2.67M | — | — | 1400 | 42y | 83 | 70y |
| LEESHUN CATERING SUPPLIES LTD→ SC346276 · est 2008 | £811.1k £608.3k–£1.01M | — | — | 13 | 17y | 83 | 69y |
| ANDREW MCDICKEN LIMITED→ SC034095 · est 1959 | — | — | £8.7k | — | 67y | 83 | 63y |
| ASTRA HYGIENE SUPPLIES LIMITED→ SC122088 · est 1989 | — | — | £335.1k | — | 36y | 83 | 81y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1982-05-24
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade
Registered office
G1 5 George Square
Glasgow
G2 1DY
Filing status
Accounts
Next due: —
Last made up to: 2014-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 15 resigned)
BISSET, Bruce→
Activedirector · ~68y · appointed 2008-08-14
View their other companies + combined net worth →
BURGOYNE, Christopher→
Activedirector · ~58y · appointed 2016-02-01
View their other companies + combined net worth →
MATHIESON, James Gordon→
Activedirector · ~58y · appointed 2008-08-14
View their other companies + combined net worth →
THOMSON, Teresa Carol→
Activedirector · ~56y · appointed 2014-01-06
View their other companies + combined net worth →
GEORGE, Fergus William→
Resignedsecretary · resigned 2001-09-03
MATHIESON, James Gordon→
Resignedsecretary · appointed 2001-09-03 · resigned 2009-07-17
MILNE, Fiona Jane→
Resignedsecretary · appointed 2009-07-17 · resigned 2013-11-15
COOMBES, Robert Christopher→
Resigneddirector · ~64y · appointed 2014-05-13 · resigned 2015-06-26
DICKSON, Harry→
Resigneddirector · ~85y · resigned 1997-04-05
GEORGE, Fergus William→
Resigneddirector · ~78y · resigned 2008-08-14
HALL, Gary→
Resigneddirector · ~61y · appointed 2001-09-03 · resigned 2013-11-29
HUTCHISON, Craig→
Resigneddirector · ~73y · appointed 1991-08-28 · resigned 2008-08-14
MANN, Richard John→
Resigneddirector · ~68y · appointed 2008-08-14 · resigned 2016-05-27
MCCABE, James→
Resigneddirector · ~95y · resigned 1993-08-26
MCGLONE, Frank Wilson→
Resigneddirector · ~87y · resigned 2001-04-30
NEWMAN, Francis Hugh Cecil, Sir→
Resigneddirector · ~63y · appointed 1991-08-28 · resigned 1997-04-05
NEWMAN, John Francis→
Resigneddirector · ~96y · resigned 1997-04-05
ROBERTSON, Cameron Bruce→
Resigneddirector · ~62y · appointed 2008-08-14 · resigned 2014-03-31
STRACHAN, James→
Resigneddirector · ~87y · resigned 2001-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 17/02/2016 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | Floating charge | 1 property | 04/09/2012 | — | |
| outstanding | Midland Bank Midland Bank PLC | Floating charge | 1 property | 05/04/1997 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 11/09/1984 | 10/09/1991 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (137 total)
gazette-dissolved-liquidation
gazette · GAZ2
2018-10-31
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2018-07-31
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2018-02-28
liquidation-in-administration-appointment-of-replacement-additional-administrator-scotland
insolvency · 2.31B(Scot)
2017-12-27
liquidation-in-administration-vacation-of-office-scotland
insolvency · 2.30B(Scot)
2017-12-27
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2017-09-11
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2017-07-21
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2017-03-16
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2017-03-08
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2017-02-01
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2017-01-17
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2016-11-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-08-19
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2016-08-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-07-04