TOWER HOTEL (TROON) LIMITED

⚰️Wound downdissolved
SC121419 · ltd · incorporated 1989-11-20
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 36.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 80/100. Strong seller-intent signal (88/100, director aged 80). 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

4 live charges · 2 lenders · oldest 36.1y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 36.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (57/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
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 (36 events)Click to expand
  1. 2018-12-11
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-12-11
    🏁
    Company dissolved
  3. 2018-09-25
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-09-14
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2016-09-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2016-08-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2016-08-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2016-08-24
    🔓
    Charge satisfied #3
  10. 2016-08-24
    🔓
    Charge satisfied #4
  11. 2015-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-11-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-12-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-08-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-03-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2014-03-28
    🔓
    Charge satisfied #1
  17. 2013-11-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-09-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2012-11-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-11-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2011-11-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2011-11-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2010-12-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-12-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2010-12-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2010-12-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  27. 2010-10-18
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  28. 1997-12-01
    ➕
    GRAY, Elizabeth appointed
    director
  29. 1991-12-23
    🔓
    Charge satisfied #2
  30. 1990-05-30
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  31. 1990-05-23
    🔒
    Charge registered #4
    Lender: Bass Brewers Limited
  32. 1990-05-09
    🔒
    Charge registered #2
    Lender: Bass Brewers Limited
  33. 1990-04-09
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  34. 1990-04-02
    ➕
    GRAY, Elizabeth appointed
    secretary
  35. 1990-04-02
    ➕
    GRAY, Thomas appointed
    director
  36. 1989-11-20
    🏢
    Company incorporated
    As TOWER HOTEL (TROON) LIMITED

Owner dependency

96/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 37 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 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

1 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2018-12-11

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.

Group structure

Plantek Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Plantek Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
TOWER HOTEL (TROON) LIMITED
This company · SC121419

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%
NameSharesVoting rightsNature of controlNotified
Plantek Holdings Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1989-11-20
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

66a Barassie Street
Troon
KA10 6LY

Filing status

Accounts
Next due: —
Last made up to: 2017-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 0 resigned)

GRAY, Elizabeth→
secretary · appointed 1990-04-02
View their other companies + combined net worth →
Active
GRAY, Elizabeth→
director · ~76y · appointed 1997-12-01
View their other companies + combined net worth →
Active
GRAY, Thomas→
director · ~80y · appointed 1990-04-02
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/05/199024/08/2016
satisfied
Bass Brewers
Bass Brewers Limited
Standard security1 property23/05/199024/08/2016
satisfied
Bass Brewers
Bass Brewers Limited
Bond & floating charge1 property09/05/199023/12/1991
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property09/04/199028/03/2014

Recent filings (87 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-12-11
gazette-notice-voluntary
gazette · GAZ1(A)
2018-09-25
dissolution-application-strike-off-company
dissolution · DS01
2018-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2017-11-27
accounts-with-accounts-type-dormant
accounts · AA
2017-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-07
mortgage-satisfy-charge-full
mortgage · MR04
2016-08-24
mortgage-satisfy-charge-full
mortgage · MR04
2016-08-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-20
mortgage-satisfy-charge-full
mortgage · MR04
2014-03-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-23