MCLAREN & CO. PAINTERS & CONTRACTORS LIMITED

⚰️Wound downdissolved

SC096119 · ltd · incorporated 1985-11-26

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

48/100

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What this business does

Primary activity: Painting

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 42/100. Strong seller-intent signal (73/100, director aged 65). 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: share sale to pe / searcher (58/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 40.0y

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 40.0 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 45/100 (high).

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

14 officers (1 active, 14 linked, 10 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

122 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

48/100Watch

PassWatchWorth a lookStrongExceptional

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (64 events)Click to expand

2015-09-22
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2015-09-22
🏁
Company dissolved
2015-06-22
⚠️
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2015-01-12
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-11-24
⚠️
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2014-07-21
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-02-25
⚠️
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2014-02-10
⚠️
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2014-01-13
⚠️
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2013-12-23
⚠️
liquidation-voluntary-arrangement-notice-completion-scotland
insolvency · 1.4(Scot)
2013-12-23
⚠️
liquidation-voluntary-supervisors-abstracts-of-receipts-payments-scotland-with-brought-down-date
insolvency · 1.3(Scot)
2013-12-20
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2013-12-20
⚠️
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2013-12-09
📄
termination-secretary-company-with-name
officers · TM02
2013-12-06
➖
HAMMERSLEY, George Douglas resigned
secretary
2013-07-05
⚠️
liquidation-voluntary-arrangement-meeting-approving-creditors-voluntary-arrangement-scotland
insolvency · 1.1(Scot)
2013-04-12
📄
legacy
mortgage · MG01s
2013-03-27
🔒
Charge registered #7
Lender: Maclean & Speirs Blasting Limited
2013-03-19
➖
TORRY, David resigned
director
2013-03-19
📄
termination-director-company-with-name
officers · TM01
2013-02-08
📄
termination-director-company-with-name
officers · TM01
2013-02-06
📄
appoint-person-director-company-with-name
officers · AP01
2013-01-28
➕
COLVIN, Alan Douglas appointed
director
2013-01-28
➖
HAMMERSLEY, George Douglas resigned
director
2012-12-11
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-10-12
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-05-11
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2011-12-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-11-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-05-18
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2010-12-30
📄
accounts-with-accounts-type-small
accounts · AA
2010-09-11
🔓
Charge satisfied #3
2010-07-15
➖
STEWART, Kenneth Ronald resigned
director
2010-06-28
➖
CRAWFORD, Alan resigned
director
2010-06-28
➕
HAMMERSLEY, George Douglas appointed
director
2010-06-18
🔓
Charge satisfied #5
2008-07-01
➕
TORRY, David appointed
director
2008-02-13
🔓
Charge satisfied #6
2008-02-13
🔓
Charge satisfied #4
2008-02-13
🔓
Charge satisfied #2
2007-11-01
➕
HAMMERSLEY, George Douglas appointed
secretary
2007-11-01
➖
FERGUSON DEWAR LLP resigned
corporate-secretary
2006-10-01
➕
CRAWFORD, Alan appointed
director
2006-09-15
➖
STRONACHS resigned
corporate-secretary
2006-06-22
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2005-09-15
➕
FERGUSON DEWAR LLP appointed
corporate-secretary
2005-09-15
➖
SKENE, Ralph resigned
director
2005-09-15
➕
STEWART, Kenneth Ronald appointed
director
2005-09-15
🔒
Charge registered #5
Lender: Ralph Skene and Another
2003-03-06
➖
MACRAE, James resigned
director

Showing most recent 50 of 64 events

Owner dependency

90/100

Critical — business is the founder

The 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.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 13 years.
secondaryStable-but-static management: Company is 40 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

high

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

Evidence: Dissolved on 2015-09-22

12 insolvency-related filings on record

high

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

Evidence: 2015-09-22: gazette-dissolved-liquidation; 2015-06-22: liquidation-in-administration-move-to-dissolution-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.

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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

Incorporated1985-11-26

Jurisdictionscotland

Primary SIC43341 — Painting

Registered office

Third Floor, 65 Bath Street

Glasgow

G2 2BX

Filing status

Accounts

Next due: —

Last made up to: 2012-03-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 13 resigned)

COLVIN, Alan Douglas→

director · ~65y · appointed 2013-01-28

View their other companies + combined net worth →

Active

HAMMERSLEY, George Douglas→

secretary · appointed 2007-11-01 · resigned 2013-12-06

Resigned

WINCHESTER, Douglas Andrew Logie→

secretary · resigned 2003-01-17

Resigned

FERGUSON DEWAR LLP→

corporate-secretary · appointed 2005-09-15 · resigned 2007-11-01

Resigned

STRONACHS→

corporate-secretary · appointed 2003-01-17 · resigned 2006-09-15

Resigned

CRAWFORD, Alan→

director · ~59y · appointed 2006-10-01 · resigned 2010-06-28

Resigned

HAMMERSLEY, George Douglas→

director · ~74y · appointed 2010-06-28 · resigned 2013-01-28

Resigned

LAW, Stephen John→

director · ~64y · appointed 1995-10-01 · resigned 2000-04-28

Resigned

MACRAE, James→

director · ~79y · appointed 1998-12-01 · resigned 2003-03-06

Resigned

MCLAREN, David Mitchell→

director · ~64y · appointed 1993-12-01 · resigned 1998-11-30

Resigned

MCLAREN, John Olyneaux→

director · ~92y · resigned 1993-11-30

Resigned

SKENE, Ralph→

director · ~85y · resigned 2005-09-15

Resigned

STEWART, Kenneth Ronald→

director · ~66y · appointed 2005-09-15 · resigned 2010-07-15

Resigned

TORRY, David→

director · ~68y · appointed 2008-07-01 · resigned 2013-03-19

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
outstanding	Maclean & Speirs Blasting Maclean & Speirs Blasting Limited	Bond & floating charge	1 property	27/03/2013	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	22/06/2006	13/02/2008
satisfied	Ralph Skene and Another	Floating charge	1 property	15/09/2005	18/06/2010
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	24/08/1994	13/02/2008
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Floating charge	1 property	29/07/1994	11/09/2010
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	06/09/1988	13/02/2008
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	28/04/1986	08/09/1994

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (122 total)

gazette-dissolved-liquidation

gazette · GAZ2

2015-09-22

liquidation-in-administration-move-to-dissolution-scotland

insolvency · 2.26B(Scot)

2015-06-22

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2015-01-12

liquidation-in-administration-extension-of-period-scotland

insolvency · 2.22B(Scot)

2014-11-24

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2014-07-21

liquidation-in-administration-deemed-proposal-scotland

insolvency · 2.16BZ(Scot)

2014-02-25

liquidation-in-administration-proposals-scotland

insolvency · 2.16B(Scot)

2014-02-10

liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached

insolvency · 2.15B(Scot)

2014-01-13

liquidation-voluntary-arrangement-notice-completion-scotland

insolvency · 1.4(Scot)

2013-12-23

liquidation-voluntary-supervisors-abstracts-of-receipts-payments-scotland-with-brought-down-date

insolvency · 1.3(Scot)

2013-12-23

change-registered-office-address-company-with-date-old-address

address · AD01

2013-12-20

liquidation-in-administration-appointment-of-administrator-scotland

insolvency · 2.11B(Scot)

2013-12-20

termination-secretary-company-with-name

officers · TM02

2013-12-09

liquidation-voluntary-arrangement-meeting-approving-creditors-voluntary-arrangement-scotland

insolvency · 1.1(Scot)

2013-07-05

legacy

mortgage · MG01s

2013-04-12