QUARRYING & ENGINEERING DEVELOPMENTS
- · Oldest live charge 37.4y old — refinance window within 12 months
Opportunity 62/100 (worth a look), bankability 75/100. Strong seller-intent signal (63/100, director aged 86). Share purchase looks the cleaner deal structure. 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 (65/100).
Refinance opportunity
1 live charge · oldest 37.4y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 37.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (32 events)Click to expand
- 2013-06-14📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-06-14🏁Company dissolved
- 2013-02-22📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-02-13📄dissolution-application-strike-off-companydissolution · DS01
- 2012-12-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-13📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2012-08-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-08-13📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-08-01➕MURRAY, Jill appointedsecretary
- 2012-08-01➖PETERKINS resignedcorporate-secretary
- 2012-01-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-02➖STUART WILSON DICKSON & CO, Messrs resignedsecretary
- 2011-02-02➕PETERKINS appointedcorporate-secretary
- 2011-02-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-02📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-02-02📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2011-02-02📄termination-secretary-company-with-nameofficers · TM02
- 2009-12-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-18📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2009-01-26📄legacyannual-return · 363a
- 2008-02-01📄legacyannual-return · 363a
- 2007-01-23📄legacyannual-return · 363a
- 2006-01-16📄legacyannual-return · 363a
- 2004-12-17📄legacyannual-return · 363s
- 2004-12-17📄legacyannual-return · 363(288)
- 2004-01-09📄legacyannual-return · 363s
- 2002-12-09📄legacyannual-return · 363s
- 1988-12-14🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1984-01-24🏢Company incorporatedAs QUARRYING & ENGINEERING DEVELOPMENTS
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 86 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-06-14
Similar companies
Active · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAY & ADAMS LIMITED→ SC047482 · est 1970 | £75.13M £58.44M–£91.83M | — | — | 502 | 56y | 87 | 71y |
| GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002 | £53.82M £41.86M–£65.78M | — | — | 0 | 24y | 85 | 71y |
| GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983 | £17.07M £13.28M–£20.87M | — | — | 106 | 43y | 85 | 71y |
| GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990 | £16.62M £12.93M–£20.32M | — | — | 101 | 35y | 87 | 71y |
| INTERWELL LIMITED→ SC391140 · est 2011 | £10.98M £8.54M–£13.42M | £33.44M | — | 7800 | 15y | 91 | 60y |
| EBLAST LIMITED→ SC202165 · est 1999 | £8.03M £6.24M–£9.81M | £11.11M | — | 7400 | 26y | 88 | 57y |
| ROTECH SUBSEA LIMITED→ SC451221 · est 2013 | £6.41M £4.99M–£7.83M | £17.20M | — | 4800 | 12y | 84 | 58y |
| DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987 | £6.22M £4.84M–£7.60M | £21.87M | — | 11000 | 38y | 93 | 70y |
| SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003 | £6.15M £4.78M–£7.51M | £1.45M | — | 1500 | 22y | 94 | 60y |
| IMENCO UK LIMITED→ SC372021 · est 2010 | £5.97M £4.64M–£7.29M | £17.33M | — | 11500 | 16y | 95 | 71y |
| VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 | £1.63M £1.27M–£1.99M | — | — | 16 | 39y | 85 | 71y |
| EXCEED TORRIDON LIMITED→ SC508840 · est 2015 | — | — | — | 54 | 10y | 84 | 65y |
8 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 →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
Registered office
Filing status
Officers (0 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 14/12/1988 | — |