MORRISON LEMA HOMES LIMITED
⚰️Wound downdissolved
SC123637 · ltd · incorporated 1990-03-09
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
57/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 57/100 (worth a look), bankability 72/100. Strong seller-intent signal (63/100, director aged 53). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 35.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 35.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
22 officers (3 active, 22 linked, 14 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
156 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth 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
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 (69 events)Click to expand
- 2025-02-11📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2025-02-11🏁Company dissolved
- 2024-11-26📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-11-14📄dissolution-application-strike-off-companydissolution · DS01
- 2024-04-30✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-01-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-12🔓Charge satisfied #3
- 2022-11-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-28📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2020-05-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-05-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-22➕AWG CORPORATE SERVICES LIMITED appointedcorporate-secretary
- 2020-05-22➕TILBROOK, James Raymond appointeddirector
- 2020-05-22➖CLARKE, Elizabeth Ann Horlock resignedsecretary
- 2020-05-22➖PACEY, Nigel Edmund resigneddirector
- 2020-03-16📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-01-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2016-06-30➕PACEY, Nigel Edmund appointeddirector
- 2016-06-30➖TULLY, Robert Charles resigneddirector
- 2015-04-01➕CLARKE, Elizabeth Ann Horlock appointedsecretary
- 2015-03-31➖SHEPHEARD, Geoffrey Arthur George resignedsecretary
- 2009-12-31➕AWG PROPERTY DIRECTOR LIMITED appointedcorporate-director
- 2009-12-31➖LOGUE, David Iain resigneddirector
- 2008-12-19➖HOPE, John Alexander resigneddirector
- 2008-12-19➕TULLY, Robert Charles appointeddirector
- 2005-07-01➖TURNER, David Charles resignedsecretary
- 2004-10-15➕HOPE, John Alexander appointeddirector
- 2004-08-23➕SHEPHEARD, Geoffrey Arthur George appointedsecretary
- 2003-05-09➕LOGUE, David Iain appointeddirector
- 2003-05-09➖ROBERTSON, Iain Alasdair resigneddirector
- 2002-09-24🔓Charge satisfied #1
- 2002-08-19➖GILLEN, Seamus Joseph resignedsecretary
- 2002-08-19➕TURNER, David Charles appointedsecretary
- 2002-05-31🔓Charge satisfied #2
- 2002-05-17➖FOX, Jacqueline Elizabeth resignedsecretary
- 2002-05-17➕GILLEN, Seamus Joseph appointedsecretary
- 2001-06-14➕FOX, Jacqueline Elizabeth appointedsecretary
- 2001-06-14➖MORRISON, John resignedsecretary
- 2001-06-14➖MORRISON, John resigneddirector
- 2000-10-23➖GREEN, Robert David resigneddirector
- 2000-10-23➕ROBERTSON, Iain Alasdair appointeddirector
Showing most recent 50 of 69 events
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 36 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-02-11
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
Awg Property Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Awg Property Limited
Corporate parent · holds 75-100% shares · board control
⬇
MORRISON LEMA HOMES LIMITED
This company · SC123637
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 |
|---|---|---|---|---|
Awg Property 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 · Other · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AJSLP17→ SL003100 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AJSLP2→ SL003086 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AJSLP20→ SL003103 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AK STRATEGY L.P.→ SL020820 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AKKERT IMPEX LP→ SL011104 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ALAND FORWARDING LP→ SL016561 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ALBION REAL ASSETS CARRY GP LLP→ SO306560 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALBION REAL ASSETS INVESTMENTS LP→ SL033950 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALCOR SREVICE LP→ SL029021 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALCOR UNIVERSAL L.P.→ SL008892 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALDEC TRADE LP→ SL012957 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALDERBAWER LP→ SL011364 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1990-03-09
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2023-03-31
Confirmation statement
Next due: —
Last: 2024-03-14
Officers (0 active · 19 resigned)
AWG CORPORATE SERVICES LIMITED→
Activecorporate-secretary · appointed 2020-05-22
View their other companies + combined net worth →
TILBROOK, James Raymond→
Activedirector · ~53y · appointed 2020-05-22
View their other companies + combined net worth →
AWG PROPERTY DIRECTOR LIMITED→
Activecorporate-director · appointed 2009-12-31
View their other companies + combined net worth →
CLARKE, Elizabeth Ann Horlock→
Resignedsecretary · appointed 2015-04-01 · resigned 2020-05-22
FOX, Jacqueline Elizabeth→
Resignedsecretary · appointed 2001-06-14 · resigned 2002-05-17
GILLEN, Seamus Joseph→
Resignedsecretary · appointed 2002-05-17 · resigned 2002-08-19
MORRISON, John→
Resignedsecretary · appointed 1990-04-23 · resigned 2001-06-14
SHEPHEARD, Geoffrey Arthur George→
Resignedsecretary · appointed 2004-08-23 · resigned 2015-03-31
TURNER, David Charles→
Resignedsecretary · appointed 2002-08-19 · resigned 2005-07-01
GREEN, Robert David→
Resigneddirector · ~71y · appointed 2000-02-03 · resigned 2000-10-23
HOPE, John Alexander→
Resigneddirector · ~69y · appointed 2004-10-15 · resigned 2008-12-19
HOWELL, Keith Martin→
Resigneddirector · ~70y · appointed 1991-06-03 · resigned 2000-02-03
LOGUE, David Iain→
Resigneddirector · ~68y · appointed 2003-05-09 · resigned 2009-12-31
MACLENNAN, Norman Angus→
Resigneddirector · ~75y · appointed 1990-04-23 · resigned 1991-06-03
MCDOUGALL, Alastair Douglas→
Resigneddirector · ~82y · appointed 1990-04-23 · resigned 1997-02-21
MORRISON, Alexander Fraser→
Resigneddirector · ~78y · appointed 1990-04-23 · resigned 1994-03-24
MORRISON, John→
Resigneddirector · ~77y · appointed 1997-02-21 · resigned 2001-06-14
PACEY, Nigel Edmund→
Resigneddirector · ~69y · appointed 2016-06-30 · resigned 2020-05-22
PROCTOR, David Stephen→
Resigneddirector · ~79y · appointed 1990-05-01 · resigned 1993-03-29
ROBERTSON, Iain Alasdair→
Resigneddirector · ~77y · appointed 2000-10-23 · resigned 2003-05-09
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Scottish Homes | Standard security | 1 property | 19/01/1993 | 12/10/2023 | |
| satisfied | Roxburgh District Council | Standard security | 1 property | 29/01/1992 | 31/05/2002 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 19/03/1991 | 24/09/2002 |
Recent filings (156 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2025-02-11
gazette-notice-voluntary
gazette · GAZ1(A)
2024-11-26
dissolution-application-strike-off-company
dissolution · DS01
2024-11-14
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-dormant
accounts · AA
2024-01-12
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-dormant
accounts · AA
2022-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-03
accounts-with-accounts-type-dormant
accounts · AA
2021-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-24
accounts-with-accounts-type-dormant
accounts · AA
2021-03-19