WGD005 LIMITED
⚰️Wound downdissolved
SC106505 · ltd · incorporated 1987-09-07
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
51/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 51/100 (worth a look), bankability 72/100. Strong seller-intent signal (63/100, director aged 51). 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).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 38.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 38.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
34 officers (2 active, 34 linked, 24 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
218 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
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 (94 events)Click to expand
- 2017-09-12📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2017-09-12🏁Company dissolved
- 2017-06-27📄gazette-notice-voluntarygazette · GAZ1(A)
- 2017-06-21📄dissolution-application-strike-off-companydissolution · DS01
- 2017-03-07📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2017-03-02📄legacycapital · SH20
- 2017-03-02⚠️legacyinsolvency · CAP-SS
- 2017-03-02📄resolutionresolution · RESOLUTIONS
- 2016-07-15📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2016-05-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-08📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2016-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-01-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-12-18➕JONES, Iain Angus appointedsecretary
- 2015-12-18➖BROWN, Robert Muirhead Birnie resignedsecretary
- 2015-12-18➖BROWN, Robert Muirhead Birnie resigneddirector
- 2015-06-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-04-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-12-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-03-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-01-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-12-06✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2012-02-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-07-20📄change-person-director-company-with-change-dateofficers · CH01
- 2010-09-01➕BROWN, Robert Muirhead Birnie appointedsecretary
- 2010-09-01➖JOHNSON, Ian resignedsecretary
- 2010-09-01➕BROWN, Robert Muirhead Birnie appointeddirector
- 2010-09-01➖JOHNSON, Ian resigneddirector
- 2009-11-16➕SETTER, William George appointeddirector
- 2009-11-16➖DEAR, Michael resigneddirector
- 2006-11-22➕DEAR, Michael appointeddirector
- 2006-11-22➖PARK, George Graeme resigneddirector
- 2005-03-21➕PARK, George Graeme appointeddirector
- 2005-03-21➖WATSON, Christopher Edward Milne resigneddirector
- 2004-04-24🔓Charge satisfied #8
- 2004-03-30🔓Charge satisfied #9
- 2003-11-28➕JOHNSON, Ian appointeddirector
- 2003-11-28➖LANGLANDS, Allister Gordon resigneddirector
- 2003-11-24➕JOHNSON, Ian appointedsecretary
- 2003-11-24➖WATSON, Christopher Edward Milne resignedsecretary
- 2002-12-06➖MCGREGOR, Grant resigneddirector
- 2001-02-09➖TAGGART, Kenneth Andrew Wade resigneddirector
- 2000-02-21➖MCCULLOCH, Stephen resigneddirector
- 2000-02-21➕MCGREGOR, Grant appointeddirector
- 1999-10-01➖GOOD, Graham resignedsecretary
- 1999-10-01➕WATSON, Christopher Edward Milne appointedsecretary
Showing most recent 50 of 94 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 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 39 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 2017-09-12
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-03-02: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Wood Group Engineering & Operations Support Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Wood Group Engineering & Operations Support Limited
Corporate parent · holds 75-100% shares · board control
⬇
WGD005 LIMITED
This company · SC106505
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wood Group Engineering & Operations Support Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 · Holding company · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE RUTLAND (EDINBURGH) LIMITED→ SC247306 · est 2003 | £6.24M £5.31M–£7.18M | — | £6.24M | — | 23y | 82 | 77y |
| DIRECTIONAL DRILLING DYNAMICS LIMITED→ SC119569 · est 1989 | £662.1k £562.8k–£761.4k | — | £662.1k | — | 36y | 81 | 74y |
| ABERDEEN MOTOR TRAWLERS LIMITED→ SC031156 · est 1955 | £564.5k £479.8k–£649.1k | — | £564.5k | — | 70y | 80 | 77y |
| HERD HOLDINGS LIMITED→ SC254945 · est 2003 | £236.6k £201.1k–£272.1k | — | £236.6k | — | 22y | 82 | 78y |
| THE DON FISHING COMPANY (TRAWLING) LIMITED→ SC133042 · est 1991 | £172.7k £146.8k–£198.6k | — | £172.7k | — | 34y | 82 | 77y |
| CULLEN HOUSE GARDENS LIMITED→ SC089719 · est 1984 | £20.1k £17.1k–£23.1k | — | £20.1k | — | 41y | 81 | 86y |
| WOOD & DAVIDSON LIMITED→ SC004296 · est 1899 | £11.3k £9.6k–£12.9k | — | £11.3k | — | 127y | 82 | 77y |
| ABERDEEN NEAR WATER TRAWLERS LIMITED→ SC033276 · est 1958 | £11.2k £9.6k–£12.9k | — | £11.2k | — | 67y | 80 | 77y |
| LONDON SHETLAND SECURITIES LIMITED→ SC192120 · est 1998 | £5.6k £4.8k–£6.5k | — | £5.6k | — | 27y | 82 | 69y |
| DON FISHING COMPANY (FRASERBURGH) LIMITED (THE)→ SC092365 · est 1985 | £2.0k £1.7k–£2.3k | — | £2.0k | — | 41y | 82 | 77y |
| BANFFSHIRE FISHSELLING COMPANY LIMITED→ SC054512 · est 1973 | £2 £2–£2 | — | £2 | — | 52y | 82 | 77y |
| ABERDEEN INSHORE ENGINEERING LIMITED→ SC042022 · est 1965 | £2 £2–£2 | — | £2 | — | 61y | 80 | 77y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1987-09-07
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Ground Floor, 15 Justice Mill Lane
Aberdeen
AB11 6EQ
Filing status
Accounts
Next due: —
Last made up to: 2015-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 32 resigned)
Active
SETTER, William George→
Activedirector · ~51y · appointed 2009-11-16
View their other companies + combined net worth →
BROWN, Charles Nicholas→
Resignedsecretary · appointed 1996-09-27 · resigned 1998-03-23
BROWN, Robert Muirhead Birnie→
Resignedsecretary · appointed 2010-09-01 · resigned 2015-12-18
DAY, Michael→
Resignedsecretary · appointed 1995-01-23 · resigned 1996-01-03
GOOD, Graham→
Resignedsecretary · appointed 1998-03-23 · resigned 1999-10-01
JOHNSON, Ian→
Resignedsecretary · appointed 2003-11-24 · resigned 2010-09-01
LAVITT, Helen Bowers→
Resignedsecretary · appointed 1994-12-01 · resigned 1995-10-06
MACDONALD, Alexander Alister→
Resignedsecretary · resigned 1994-11-30
TAGGART, Kenneth Andrew Wade→
Resignedsecretary · appointed 1995-10-06 · resigned 1996-09-27
WATSON, Christopher Edward Milne→
Resignedsecretary · appointed 1999-10-01 · resigned 2003-11-24
BROADHURST, Norman Neill→
Resigneddirector · ~85y · appointed 1991-08-13 · resigned 1992-06-15
BROOKS, Wendell→
Resigneddirector · ~77y · appointed 1996-09-27 · resigned 1996-12-31
BROWN, Robert Muirhead Birnie→
Resigneddirector · ~56y · appointed 2010-09-01 · resigned 2015-12-18
DAVIES, Charles Noel, Sir→
Resigneddirector · ~93y · appointed 1991-08-13 · resigned 1995-12-02
DEAR, Michael→
Resigneddirector · ~55y · appointed 2006-11-22 · resigned 2009-11-16
GEIGEL, Patrick→
Resigneddirector · ~79y · appointed 1996-09-27 · resigned 1996-12-31
HART, Craig→
Resigneddirector · ~76y · resigned 1996-12-31
HOLDEN, Robert David→
Resigneddirector · ~70y · appointed 1994-06-30 · resigned 1996-09-27
JOHNSON, Ian→
Resigneddirector · ~75y · appointed 2003-11-28 · resigned 2010-09-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 29/11/1996 | 30/03/2004 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge debenture | 1 property | 27/09/1996 | 24/04/2004 | |
| satisfied | 3I Investments 3I Investments PLC | Bond & floating charge | 1 property | 31/03/1989 | 16/08/1991 | |
| satisfied | Investors in Industry Investors in Industry PLC | Bond & floating charge | 1 property | 27/11/1987 | 16/05/1991 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/11/1987 | 20/01/1992 |
Recent filings (218 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-09-12
gazette-notice-voluntary
gazette · GAZ1(A)
2017-06-27
dissolution-application-strike-off-company
dissolution · DS01
2017-06-21
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2017-03-07
legacy
capital · SH20
2017-03-02
legacy
insolvency · CAP-SS
2017-03-02
resolution
resolution · RESOLUTIONS
2017-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-04
accounts-amended-with-accounts-type-total-exemption-small
accounts · AAMD
2016-07-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-13
appoint-person-secretary-company-with-name-date
officers · AP03
2016-01-08
termination-director-company-with-name-termination-date
officers · TM01
2016-01-08
termination-secretary-company-with-name-termination-date
officers · TM02
2016-01-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-06-01