GLASGOW SOLICITORS PROPERTY CENTRE LIMITED

⚰️Wound downdissolved
SC142170 · private-limited-guarant-nsc · incorporated 1993-01-13
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
54/100
Worth a look
🔔
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What this business does
Primary activity: Publishing of newspapers
Sector: Information & communication
ALSO REGISTERED FOR
  • 63120Web portals
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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: strategic trade sale (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 30.7y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 30.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: low (53/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
23 officers (7 active, 23 linked, 19 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
21 connected companies via shared directors
90
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
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 (67 events)Click to expand
  1. 2024-09-24
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2024-09-24
    🏁
    Company dissolved
  3. 2024-06-24
    ⚠️
    liquidation-compulsory-return-final-meeting-court-scotland
    insolvency · WU15(Scot)
  4. 2022-02-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2018-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2018-09-27
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  7. 2018-09-27
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  8. 2018-08-28
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  9. 2018-03-06
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2018-02-27
    SPENCE, Bruce appointed
    secretary
  11. 2018-02-26
    ROSS, Pamela Ann resigned
    secretary
  12. 2018-02-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2018-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-01-15
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  15. 2017-10-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2017-04-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2016-10-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2016-05-03
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2016-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2016-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2016-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2016-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2016-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2016-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2016-04-26
    DIAMOND, Andrew Russell appointed
    director
  26. 2016-04-26
    HARTLEY, Alan James appointed
    director
  27. 2016-04-26
    HILTON, Paul appointed
    director
  28. 2016-04-26
    KERR, Gordon John appointed
    director
  29. 2016-04-26
    FULTON, Ronald Grant resigned
    director
  30. 2016-04-26
    SAMUEL, Peter Michael resigned
    director
  31. 2016-01-18
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  32. 2016-01-18
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  33. 2011-11-17
    LAFFERTY, Austin Joseph appointed
    director
  34. 2011-05-20
    MACPHERSON, Angus resigned
    director
  35. 2009-07-31
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  36. 2009-06-08
    🔓
    Charge satisfied #1
  37. 2004-02-27
    ROSS, Pamela Ann appointed
    secretary
  38. 2004-02-27
    WRIGHT JOHNSTON & MACKENZIE resigned
    corporate-secretary
  39. 1999-06-30
    SIMPSON, Alan Monro resigned
    director
  40. 1999-03-25
    GREEN, Alistair Neil appointed
    director
  41. 1999-02-15
    GRAHAM, John Michael Denning resigned
    director
  42. 1998-09-24
    ARMSTRONG, James Patrick resigned
    director
  43. 1998-06-25
    O'NEILL, Brian Gerard resigned
    director
  44. 1995-08-08
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  45. 1995-05-19
    MCGINLAY, Ronald resigned
    director
  46. 1995-05-12
    MCKNIGHT, Ian Graeme resigned
    director
  47. 1995-05-05
    MCCORMICK, Frank Paul resigned
    director
  48. 1995-01-31
    KENNEDY, Hugh resigned
    director
  49. 1995-01-01
    SIMPSON, Alan Monro appointed
    director
  50. 1993-12-15
    KILPATRICK, Niall Leslie Gallie resigned
    director
Showing most recent 50 of 67 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

90/100
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 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2024-09-24

5 insolvency-related filings on record
high

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

Evidence: 2024-09-24: gazette-dissolved-liquidation; 2024-06-24: liquidation-compulsory-return-final-meeting-court-scotland

🔒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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🔒Tailored diligence questions

10 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.

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Company details

Statusdissolved
Typeprivate-limited-guarant-nsc
Incorporated1993-01-13
Jurisdictionscotland
Primary SIC58130 — Publishing of newspapers

Registered office

C/O Interpath Ltd 5th Floor
130 St. Vincent Street
Glasgow
G2 5HF

Filing status

Accounts
Next due:
Last made up to: 2017-01-31
Confirmation statement
Next due:
Last: 2018-01-13

Officers (0 active · 16 resigned)

SPENCE, Bruce
secretary · appointed 2018-02-27
View their other companies + combined net worth →
Active
DIAMOND, Andrew Russell
director · ~58y · appointed 2016-04-26
View their other companies + combined net worth →
Active
GREEN, Alistair Neil
director · ~73y · appointed 1999-03-25
View their other companies + combined net worth →
Active
HARTLEY, Alan James
director · ~79y · appointed 2016-04-26
View their other companies + combined net worth →
Active
HILTON, Paul
director · ~60y · appointed 2016-04-26
View their other companies + combined net worth →
Active
KERR, Gordon John
director · ~72y · appointed 2016-04-26
View their other companies + combined net worth →
Active
LAFFERTY, Austin Joseph
director · ~67y · appointed 2011-11-17
View their other companies + combined net worth →
Active
ROSS, Pamela Ann
secretary · appointed 2004-02-27 · resigned 2018-02-26
Resigned
WRIGHT JOHNSTON & MACKENZIE
corporate-secretary · appointed 1993-01-13 · resigned 2004-02-27
Resigned
ARMSTRONG, James Patrick
director · ~94y · appointed 1993-01-13 · resigned 1998-09-24
Resigned
CALLAGHAN, Alan Kirkwood
director · ~73y · appointed 1993-01-13 · resigned 1993-05-07
Resigned
CATHCART, Norman Douglas Paton
director · ~77y · appointed 1993-01-13 · resigned 1993-06-30
Resigned
FULTON, Ronald Grant
director · ~73y · appointed 1993-04-14 · resigned 2016-04-26
Resigned
GRAHAM, John Michael Denning
director · ~82y · appointed 1993-01-13 · resigned 1999-02-15
Resigned
KENNEDY, Hugh
director · ~92y · appointed 1993-04-14 · resigned 1995-01-31
Resigned
KILPATRICK, Niall Leslie Gallie
director · ~77y · appointed 1993-01-13 · resigned 1993-12-15
Resigned
MACPHERSON, Angus
director · ~73y · appointed 1993-04-14 · resigned 2011-05-20
Resigned
MCCORMICK, Frank Paul
director · ~74y · appointed 1993-01-13 · resigned 1995-05-05
Resigned
MCGINLAY, Ronald
director · ~69y · appointed 1993-04-28 · resigned 1995-05-19
Resigned
MCKNIGHT, Ian Graeme
director · ~78y · appointed 1993-04-14 · resigned 1995-05-12
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property31/07/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property08/08/199508/06/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (120 total)

gazette-dissolved-liquidation
gazette · GAZ2
2024-09-24
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2024-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-10-02
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2018-09-27
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2018-09-27
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2018-08-28
appoint-person-secretary-company-with-name-date
officers · AP03
2018-03-06
termination-secretary-company-with-name-termination-date
officers · TM02
2018-02-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-06
change-sail-address-company-with-old-address-new-address
address · AD02
2018-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-15
accounts-with-accounts-type-full
accounts · AA
2017-10-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-04-03
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-16