SCOTTISH RESOURCES GROUP LIMITED
⚰️Wound downdissolved
SC143746 · ltd · incorporated 1993-04-06
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
52/100
Worth a look
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 42/100. 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: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 31.4y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 31.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
57 officers (5 active, 57 linked, 50 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
30 connected companies via shared directors
90
Filing history
306 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth 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
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 (145 events)Click to expand
- 2014-08-29⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2014-08-29🏁Company dissolved
- 2014-05-29⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2014-05-29⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2014-02-06📄termination-director-company-with-nameofficers · TM01
- 2013-12-17⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-12-13➖MELGAARD, Ronald Gregory resigneddirector
- 2013-11-18📄termination-secretary-company-with-nameofficers · TM02
- 2013-11-14➖FERGUSON, Peter Joseph resignedsecretary
- 2013-11-13📄termination-director-company-with-nameofficers · TM01
- 2013-11-12➖MATHERS, Roderick William resigneddirector
- 2013-11-01📄termination-director-company-with-nameofficers · TM01
- 2013-10-14➖FOSTER, Andrew Howard resigneddirector
- 2013-08-08⚠️liquidation-in-administration-deemed-proposal-scotlandinsolvency · 2.16BZ(Scot)
- 2013-07-22⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2013-06-27⚠️liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attachedinsolvency · 2.15B(Scot)
- 2013-06-03📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-05-29⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2013-05-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-05📄termination-director-company-with-nameofficers · TM01
- 2013-01-31➖PRINGLE, Aileen resigneddirector
- 2012-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2012-12-21📄appoint-person-director-company-with-nameofficers · AP01
- 2012-12-18📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2012-11-29➕FOSTER, Andrew Howard appointeddirector
- 2012-11-22📄termination-director-company-with-nameofficers · TM01
- 2012-11-09➖MCPHERSON, Ian Gordon Sutherland resigneddirector
- 2012-11-05📄appoint-person-director-company-with-nameofficers · AP01
- 2012-10-25➕MCPHERSON, Malcolm Henry appointeddirector
- 2012-08-22📄termination-director-company-with-nameofficers · TM01
- 2012-07-25➖FOSTER, Andrew Howard resigneddirector
- 2012-05-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-11-22📄termination-director-company-with-nameofficers · TM01
- 2011-11-21➖NICOLSON, Donald Oag resigneddirector
- 2011-09-27📄accounts-with-accounts-type-groupaccounts · AA
- 2011-09-06✏️certificate-re-registration-public-limited-company-to-privatechange-of-name · CERT10
- 2011-02-24➕PRINGLE, Aileen appointeddirector
- 2011-01-19➕MCPHERSON, Ian Gordon Sutherland appointeddirector
- 2010-12-16➕MATHERS, Roderick William appointeddirector
- 2010-12-13➖PARKER, Nicholas Sherren resigneddirector
- 2010-12-03➖MAHON, Sean Patrick Lauritson, Mr. resigneddirector
- 2010-10-20➖GUEST, Nicholas Leigh resigneddirector
- 2010-10-20➖SOMERVILLE, Alan John resigneddirector
- 2010-03-30🔓Charge satisfied #6
- 2010-03-30🔓Charge satisfied #2
- 2010-03-25🔒Charge registered #7Lender: Bank of Scotland PLC
- 2010-02-01➖CRABB, Niall Crawford resigneddirector
- 2010-02-01➖SMYTH, Patrick Joseph resigneddirector
- 2010-01-28➖STAPLES, Brian Lynn resigneddirector
- 2009-12-30➕PARKER, Nicholas Sherren appointeddirector
Showing most recent 50 of 145 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 26 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
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 26 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-08-29
8 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-08-29: gazette-dissolved-liquidation; 2014-05-29: liquidation-in-administration-move-to-dissolution-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Professional services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MOULSDALE INVESTMENTS LIMITED→ SC491741 · est 2014 | £117.51M £86.58M–£148.43M | — | — | 118100 | 11y | 83 | 72y |
| MCGHEE GROUP LIMITED→ SC362390 · est 2009 | £20.62M £15.19M–£26.04M | — | — | — | 16y | 87 | 67y |
| I3WORKS LTD→ SC477423 · est 2014 | £16.71M £12.31M–£21.11M | £38.15M | — | 14200 | 12y | 92 | 61y |
| 24/26 HOLDINGS LTD→ SC470528 · est 2014 | £4.81M £3.54M–£6.07M | — | — | 26 | 12y | 85 | 67y |
| INTERLOCK INVESTMENTS LIMITED→ SC057982 · est 1975 | £3.26M £2.40M–£4.11M | — | — | 20 | 50y | 85 | 72y |
| SKYVISION INTERNATIONAL LIMITED→ SC153156 · est 1994 | £837.2k £616.9k–£1.06M | £680.4k | — | 100 | 31y | 88 | 65y |
| ACCU-TECH SYSTEMS LIMITED→ SC223891 · est 2001 | £22.3k £16.4k–£28.2k | £413.2k | — | 300 | 24y | 85 | 58y |
| 'A' FLIGHT AVIATION LIMITED→ SC157855 · est 1995 | — | — | £6.9k | — | 31y | 83 | 72y |
| AKELA PLANT HIRE LTD→ SC313584 · est 2006 | — | — | £1.74M | — | 19y | 83 | 58y |
| ANDERSON KNIGHT LIMITED→ SC214850 · est 2001 | — | — | — | 2300 | 25y | 83 | 63y |
| ASSISTING SUCCESS LIMITED→ SC294900 · est 2005 | — | — | £29.2k | — | 20y | 83 | 62y |
| BIO-IMAGES DRUG DELIVERY LTD→ SC383233 · est 2010 | — | — | — | 0 | 15y | 83 | 82y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated1993-04-06
Jurisdictionscotland
Primary SIC70100 — Activities of head offices
Registered office
191 West George Street
Glasgow
Lanarkshire
G2 2LJ
Filing status
Accounts
Next due: —
Last made up to: 2011-03-26
Confirmation statement
Next due: —
Last: —
Officers (0 active · 52 resigned)
CORNES, Colin→
Activedirector · ~84y · appointed 2000-03-20
View their other companies + combined net worth →
CORNES, Samuel→
Activedirector · ~52y · appointed 2002-12-17
View their other companies + combined net worth →
LINDSAY, James Randolph, Earl Of Lindsay→
Activedirector · ~71y · appointed 2001-02-06
View their other companies + combined net worth →
MCPHERSON, Malcolm Henry→
Activedirector · ~72y · appointed 2012-10-25
View their other companies + combined net worth →
WILSON, Brian David Henderson, Rt Hon→
Activedirector · ~78y · appointed 2006-07-13
View their other companies + combined net worth →
FERGUSON, Peter Joseph→
Resignedsecretary · appointed 2006-09-29 · resigned 2013-11-14
FREEDMAN, Leonard→
Resignednominee-secretary · appointed 1993-05-07 · resigned 1994-03-22
REEVES, Martin Leslie→
Resignedsecretary · appointed 1995-12-18 · resigned 1999-07-27
TRAYNOR, Alexander Garvie→
Resignedsecretary · appointed 1999-07-28 · resigned 2006-09-29
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-03-22 · resigned 1995-12-18
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-04-06 · resigned 1993-05-07
BANKIER, Ian Patrick→
Resigneddirector · ~74y · appointed 1994-05-30 · resigned 1994-06-03
BOWIE, Allan→
Resigneddirector · ~62y · appointed 2006-04-27 · resigned 2006-12-12
BREWER, David→
Resigneddirector · ~80y · appointed 1995-01-01 · resigned 1996-12-23
CHRISTIE, Campbell, Dr→
Resigneddirector · ~89y · appointed 1993-07-07 · resigned 2002-06-30
CORNES, Colin→
Resigneddirector · ~84y · appointed 1994-12-29 · resigned 1998-04-01
CRABB, Niall Crawford→
Resigneddirector · ~75y · appointed 2007-05-10 · resigned 2010-02-01
CRABB, Niall Crawford→
Resigneddirector · ~75y · appointed 1995-02-24 · resigned 1998-05-10
CUSTIS, Patrick James→
Resigneddirector · ~105y · appointed 1993-11-01 · resigned 1994-12-29
DOW, William Ramsay→
Resigneddirector · ~73y · appointed 1995-02-20 · resigned 1998-05-10
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 25/03/2010 | — | |
| satisfied | E.on UK E.on UK PLC | Floating charge | 1 property | 19/12/2007 | 30/03/2010 | |
| satisfied | Scottish Power Scottish Power PLC | Floating charge | 1 property | 10/05/1998 | 29/07/2003 | |
| outstanding | The Secretary of State for Trade and Industry | Floating charge | 1 property | 10/05/1998 | — | |
| outstanding | The Secretary of State for Trade and Industry | Floating charge | 1 property | 30/12/1994 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Security Trustee and Others | Floating charge | 1 property | 29/12/1994 | 30/03/2010 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (306 total)
gazette-dissolved-liquidation
gazette · GAZ2
2014-08-29
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2014-05-29
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-05-29
termination-director-company-with-name
officers · TM01
2014-02-06
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-12-17
termination-secretary-company-with-name
officers · TM02
2013-11-18
termination-director-company-with-name
officers · TM01
2013-11-13
termination-director-company-with-name
officers · TM01
2013-11-01
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2013-08-08
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2013-07-22
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2013-06-27
change-registered-office-address-company-with-date-old-address
address · AD01
2013-06-03
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2013-05-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-28
termination-director-company-with-name
officers · TM01
2013-02-05