ARMA DEVELOPMENTS LIMITED
- · Oldest live charge 22.6y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. 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 22.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (79 events)Click to expand
- 2024-06-18📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2024-06-18🏁Company dissolved
- 2024-04-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-03-26📄dissolution-application-strike-off-companydissolution · DS01
- 2023-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-30➖SCHOFIELD, John Alexander resigneddirector
- 2023-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-01➕WHITTAKER, John Peter appointeddirector
- 2023-09-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-01-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-15➖WOODHEAD, Ruth Helen resigneddirector
- 2021-01-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-11-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-11-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-10-15➖LEES, Neil resignedsecretary
- 2020-10-15➖LEES, Neil resigneddirector
- 2020-03-17➕WOODHEAD, Ruth Helen appointeddirector
- 2020-03-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-02-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-19➖HOSKER, Peter John resigneddirector
- 2018-04-20🔓Charge satisfied #1
- 2018-03-16➖WAINSCOTT, Paul Philip resigneddirector
- 2016-09-30➕SCHOFIELD, John Alexander appointeddirector
- 2016-08-12➖SCHOFIELD, John Alexander resigneddirector
- 2016-02-12➕SCHOFIELD, John Alexander appointeddirector
- 2010-10-12➕HOSKER, Peter John appointeddirector
- 2009-10-19➖ALLISON, Thomas Eardley resigneddirector
- 2009-10-09➕UNDERWOOD, Steven Keith appointeddirector
- 2009-10-09➖SIMPSON, Andrew Christopher resigneddirector
- 2009-03-31➖SCOTT, Peter Anthony resigneddirector
- 2008-05-31➖GREEN, David Simon resigneddirector
- 2007-12-21➕LEES, Neil appointeddirector
- 2006-06-01➕WHITTAKER, John appointeddirector
- 2006-06-01➖GREEN, David Simon resignedsecretary
- 2006-06-01➕LEES, Neil appointedsecretary
- 2006-06-01➕SCOTT, Peter Anthony appointeddirector
- 2006-06-01➕SIMPSON, Andrew Christopher appointeddirector
- 2006-06-01➕WAINSCOTT, Paul Philip appointeddirector
- 2003-10-07🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-10-01➖CUMMINGS, Peter Joseph resigneddirector
- 2003-10-01➖MITCHELL, George Edward resigneddirector
- 2000-09-22➕GREEN, David Simon appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — WHITTAKER, John Peter (same surname) appointed 2023-09-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 20 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-06-18
Group structure
Peel L&P Holdings (Glasgow Harbour) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Peel L&P Holdings (Glasgow Harbour) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/08/2016 |
1 historic (ceased) PSC
- Glasgow Harbour Limitedceased 18/08/2016· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| CARBETH HUTTERS COMMUNITY COMPANY→ SC342792 · est 2008 | — | — | — | 0 | 18y | 83 | 78y |
| CHUNG WAH TAO TAK TONG CHARITY COMPANY LIMITED→ SC192812 · est 1999 | — | — | — | 0 | 27y | 83 | 79y |
| EMPLOYERS IN VOLUNTARY HOUSING LIMITED→ SC184547 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 85y |
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| KADAMPA MEDITATION CENTRE GLASGOW→ SC198732 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 76y |
| KILMARONOCK MILLENNIUM ASSOCIATION→ SC184392 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 86y |
| OLDPL1 LTD→ SC225047 · est 2001 | — | — | £99.1k | — | 24y | 83 | 63y |
| OLDPL2 LTD→ SC174456 · est 1997 | — | — | £52.7k | — | 29y | 83 | 63y |
| PETER BROWN LIMITED→ SC066531 · est 1978 | — | — | £225 | — | 47y | 83 | 91y |
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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 · 28 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 07/10/2003 | 20/04/2018 |