REMCO (BELLSHILL) LIMITED
⚰️Wound downdissolved
SC080354 · ltd · incorporated 1982-10-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
45/100
Watch
What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 45/100 (watch), bankability 42/100. Strong seller-intent signal (63/100, director aged 56). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 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
7 live charges · 6 lenders · oldest 43.1y
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 43.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
41
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 (56 events)Click to expand
- 2013-07-26⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-07-26🏁Company dissolved
- 2013-04-26⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2010-04-14⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2010-04-14⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2009-08-13📄accounts-with-made-up-dateaccounts · AA
- 2009-06-10📄legacyannual-return · 363a
- 2009-06-10📄legacyofficers · 288b
- 2008-09-30➖SMITH, Andrew resignedsecretary
- 2008-07-29📄legacymortgage · 419a(Scot)
- 2008-07-26🔓Charge satisfied #8
- 2008-04-08📄legacyannual-return · 363a
- 2008-03-17📄accounts-with-made-up-dateaccounts · AA
- 2007-06-14📄legacyannual-return · 363a
- 2007-06-05📄accounts-with-made-up-dateaccounts · AA
- 2006-08-16📄legacyofficers · 288c
- 2006-08-01📄accounts-with-accounts-type-fullaccounts · AA
- 2006-04-10📄legacyannual-return · 363s
- 2005-07-05📄mortgage-alter-floating-chargemortgage · 466(Scot)
- 2005-07-01📄legacymortgage · 410(Scot)
- 2005-06-30📄legacymortgage · 419a(Scot)
- 2005-06-30🔓Charge satisfied #4
- 2005-06-28📄legacycapital · 155(6)a
- 2005-06-28📄resolutionresolution · RESOLUTIONS
- 2005-06-28📄resolutionresolution · RESOLUTIONS
- 2005-06-28📄legacyofficers · 288a
- 2005-06-28📄legacyofficers · 288b
- 2005-06-28📄legacyofficers · 288b
- 2005-06-28📄legacyofficers · 288b
- 2005-06-17➕BUCKNALL, Graham Ralph Chalmers appointeddirector
- 2005-06-17➖DOCHERTY, Patrick resigneddirector
- 2005-06-17➖MCALEENAN, John resigneddirector
- 2005-06-17➖SMITH, Andrew resigneddirector
- 2005-06-17🔒Charge registered #9Lender: Barclays Bank PLC
- 2005-06-17🔒Charge registered #8Lender: John Mcaleenan and Others
- 2003-01-31➖MCCANN, John Joseph resigneddirector
- 2002-02-07➕MCCANN, John Joseph appointeddirector
- 2001-07-26➖MCAULEY, Joseph resigneddirector
- 2001-07-23🔓Charge satisfied #6
- 2000-05-01➕SMITH, Andrew appointeddirector
- 1998-03-30➖GILSENAN, James Hayes resigneddirector
- 1997-01-09➖GORMLEY, Thomas resigneddirector
- 1995-11-15➕MCALEENAN, John appointeddirector
- 1995-10-01➖DOCHERTY, Patrick resignedsecretary
- 1995-10-01➕SMITH, Andrew appointedsecretary
- 1995-10-01➕GILSENAN, James Hayes appointeddirector
- 1993-02-10🔓Charge satisfied #7
- 1991-10-01➕GORMLEY, Thomas appointeddirector
- 1991-02-04🔒Charge registered #7Lender: British Coal Enterprise LTD
- 1989-06-07🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 56 events
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-07-26
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-07-26: gazette-dissolved-liquidation; 2013-04-26: liquidation-compulsory-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 · Professional services · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IMV TECHNOLOGIES UK HOLDINGS LIMITED→ SC184117 · est 1998 | £14.81M £10.92M–£18.71M | — | — | 0 | 28y | 84 | 61y |
| BSB STRUCTURAL TOPCO LIMITED→ SC358057 · est 2009 | £13.36M £9.84M–£16.87M | — | — | 500 | 17y | 86 | 65y |
| TRIDENT MAINTENANCE SERVICES LTD→ SC503188 · est 2015 | £9.78M £7.21M–£12.36M | — | — | 101 | 11y | 85 | 76y |
| ACE STRUCTURAL DRAUGHTING LIMITED→ SC333423 · est 2007 | — | — | £70.8k | — | 18y | 83 | 71y |
| DAVIDSON & SHIRLEY LIMITED→ SC339565 · est 2008 | — | — | £505.5k | — | 18y | 83 | 65y |
| KRISTELAN (UK) LIMITED→ SC350294 · est 2008 | — | — | £130.4k | — | 17y | 83 | 58y |
| RECOVERY FIRST LIMITED→ SC396353 · est 2011 | — | — | — | 900 | 15y | 83 | 65y |
| SOUTH WEST TRANSPORT LTD.→ SC174229 · est 1997 | — | — | £873 | — | 29y | 83 | 58y |
| TEN LIVE LIMITED→ SC369924 · est 2009 | — | — | £436.8k | — | 16y | 83 | 61y |
| UTEACH LIMITED→ SC304740 · est 2006 | — | — | £341.6k | — | 19y | 83 | 62y |
| A D PLANS LIMITED→ SC263752 · est 2004 | — | — | £158.0k | — | 22y | 82 | 65y |
| ANDERSON BALLANTINE LIMITED→ SC338733 · est 2008 | — | — | — | — | 18y | 82 | 70y |
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
Incorporated1982-10-11
Jurisdictionscotland
Primary SIC7499 — SIC 7499
Registered office
10 James Street
Righead Industrial Estate
Bellshill
Lanarkshire
ML4 3LU
Filing status
Accounts
Next due: —
Last made up to: 2008-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
BUCKNALL, Graham Ralph Chalmers→
Activedirector · ~56y · appointed 2005-06-17
View their other companies + combined net worth →
DOCHERTY, Patrick→
Resignedsecretary · resigned 1995-10-01
SMITH, Andrew→
Resignedsecretary · appointed 1995-10-01 · resigned 2008-09-30
DOCHERTY, Patrick→
Resigneddirector · ~76y · resigned 2005-06-17
GILSENAN, James Hayes→
Resigneddirector · ~77y · appointed 1995-10-01 · resigned 1998-03-30
GORMLEY, Thomas→
Resigneddirector · ~72y · appointed 1991-10-01 · resigned 1997-01-09
MCALEENAN, John→
Resigneddirector · ~65y · appointed 1995-11-15 · resigned 2005-06-17
MCAULEY, Joseph→
Resigneddirector · ~79y · resigned 2001-07-26
MCCANN, John Joseph→
Resigneddirector · ~68y · appointed 2002-02-07 · resigned 2003-01-31
SMITH, Andrew→
Resigneddirector · ~58y · appointed 2000-05-01 · resigned 2005-06-17
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Bond & floating charge | 1 property | 17/06/2005 | — | |
| satisfied | John Mcaleenan and Others | Bond & floating charge | 1 property | 17/06/2005 | 26/07/2008 | |
| satisfied | British Coal Enterprise British Coal Enterprise LTD | Bond & floating charge | 1 property | 04/02/1991 | 10/02/1993 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/06/1989 | 23/07/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 29/01/1987 | 30/06/2005 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 20/07/1984 | 28/04/1987 | |
| satisfied | Scottish Development Agency | Instrument of charge | 1 property | 08/04/1983 | 15/11/1985 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (114 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-07-26
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2013-04-26
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2010-04-14
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2010-04-14
accounts-with-made-up-date
accounts · AA
2009-08-13
legacy
annual-return · 363a
2009-06-10
legacy
officers · 288b
2009-06-10
legacy
mortgage · 419a(Scot)
2008-07-29
legacy
annual-return · 363a
2008-04-08
accounts-with-made-up-date
accounts · AA
2008-03-17
legacy
annual-return · 363a
2007-06-14
accounts-with-made-up-date
accounts · AA
2007-06-05
legacy
officers · 288c
2006-08-16
accounts-with-accounts-type-full
accounts · AA
2006-08-01
legacy
annual-return · 363s
2006-04-10