THE SCOTTISH COAL COMPANY LIMITED

⚰️Wound downdissolved
SC154655 · ltd · incorporated 1994-11-25
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
44/100
Watch
🔔
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What this business does
Primary activity: SIC 05102
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 32/100. Strong seller-intent signal (63/100, director aged 84). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 13 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

82 live charges · 13 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.
  • · 13 lenders named — inter-creditor friction likely.
  • · Legal-friction score 75/100 (specialist).

Data confidence

Overall: low (50/100)

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
82 charges (82/82 with lender, 82/82 with type)
90
Directors & officers
43 officers (1 active, 43 linked, 38 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
360 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
38
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
1
filing
  • • 1 gazette
Counts from Companies House filing history.
Corporate timeline (270 events)Click to expand
  1. 2026-02-24
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2026-02-24
    🏁
    Company dissolved
  3. 2025-11-24
    ⚠️
    liquidation-compulsory-return-final-meeting-court-scotland
    insolvency · WU15(Scot)
  4. 2022-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2016-10-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2013-11-18
    📄
    termination-secretary-company-with-name
    officers · TM02
  7. 2013-11-14
    ➖
    FERGUSON, Peter Joseph resigned
    secretary
  8. 2013-11-13
    📄
    termination-director-company-with-name
    officers · TM01
  9. 2013-11-12
    ➖
    MATHERS, Roderick William resigned
    director
  10. 2013-11-01
    📄
    termination-director-company-with-name
    officers · TM01
  11. 2013-10-14
    ➖
    FOSTER, Andrew Howard resigned
    director
  12. 2013-05-07
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  13. 2013-05-07
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  14. 2013-05-07
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  15. 2013-05-03
    ➖
    HODGSON, Andrew John resigned
    director
  16. 2013-05-03
    ➖
    WISHART, William Brown resigned
    director
  17. 2013-05-03
    📄
    termination-director-company-with-name
    officers · TM01
  18. 2013-05-03
    📄
    termination-director-company-with-name
    officers · TM01
  19. 2013-04-24
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  20. 2012-12-21
    📄
    appoint-person-director-company-with-name
    officers · AP01
  21. 2012-12-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2012-12-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  23. 2012-11-29
    ➕
    FOSTER, Andrew Howard appointed
    director
  24. 2012-09-27
    📄
    appoint-person-director-company-with-name
    officers · AP01
  25. 2012-08-23
    ➕
    CORNES, Colin appointed
    director
  26. 2012-08-22
    📄
    termination-director-company-with-name
    officers · TM01
  27. 2012-08-13
    📄
    termination-director-company-with-name
    officers · TM01
  28. 2012-08-06
    ➖
    CRABB, Niall Crawford resigned
    director
  29. 2012-07-25
    ➖
    FOSTER, Andrew Howard resigned
    director
  30. 2011-11-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  31. 2011-11-25
    📄
    termination-director-company-with-name
    officers · TM01
  32. 2011-11-21
    ➖
    NICOLSON, Donald Oag resigned
    director
  33. 2011-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  34. 2010-12-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  35. 2010-12-17
    📄
    appoint-person-director-company-with-name
    officers · AP01
  36. 2010-12-16
    ➕
    MATHERS, Roderick William appointed
    director
  37. 2010-10-27
    📄
    termination-director-company-with-name
    officers · TM01
  38. 2010-10-20
    ➖
    GUEST, Nicholas Leigh resigned
    director
  39. 2010-07-14
    🔒
    Charge registered #92
    Lender: William Moffat & Sons & Others
  40. 2010-07-09
    🔒
    Charge registered #93
    Lender: Enga Limited
  41. 2010-06-17
    🔓
    Charge satisfied #10
  42. 2010-03-30
    🔓
    Charge satisfied #90
  43. 2010-03-30
    🔓
    Charge satisfied #89
  44. 2010-03-30
    🔓
    Charge satisfied #88
  45. 2010-03-30
    🔓
    Charge satisfied #87
  46. 2010-03-30
    🔓
    Charge satisfied #86
  47. 2010-03-30
    🔓
    Charge satisfied #85
  48. 2010-03-30
    🔓
    Charge satisfied #84
  49. 2010-03-30
    🔓
    Charge satisfied #83
  50. 2010-03-30
    🔓
    Charge satisfied #82
Showing most recent 50 of 270 events

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

98/100
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 84 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 32 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 · 1 low
Company dissolved
high

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

Evidence: Dissolved on 2026-02-24

5 insolvency-related filings on record
high

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

Evidence: 2026-02-24: gazette-dissolved-liquidation; 2025-11-24: liquidation-compulsory-return-final-meeting-court-scotland

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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

12 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
Incorporated1994-11-25
Jurisdictionscotland
Primary SIC05102 — SIC 05102

Registered office

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

Filing status

Accounts
Next due: —
Last made up to: 2011-03-26
Confirmation statement
Next due: —
Last: —

Officers (0 active · 42 resigned)

CORNES, Colin→
director · ~84y · appointed 2012-08-23
View their other companies + combined net worth →
Active
FERGUSON, Peter Joseph→
secretary · appointed 2006-09-20 · resigned 2013-11-14
Resigned
REEVES, Martin Leslie→
secretary · appointed 1995-12-18 · resigned 1999-07-30
Resigned
TRAYNOR, Alexander Garvie→
secretary · appointed 1999-07-30 · resigned 2006-09-20
Resigned
HMS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1994-12-29 · resigned 1995-12-18
Resigned
LEGIBUS SECRETARIES LIMITED→
corporate-secretary · appointed 1994-11-25 · resigned 1994-12-29
Resigned
BANKS, Christopher→
director · ~66y · appointed 1998-06-15 · resigned 2000-05-31
Resigned
BOWIE, Allan→
director · ~62y · appointed 2005-11-16 · resigned 2006-12-12
Resigned
BREWER, David→
director · ~80y · appointed 1995-01-01 · resigned 1996-12-23
Resigned
CHRISTIE, Campbell, Dr→
director · ~89y · appointed 1998-05-26 · resigned 2002-06-30
Resigned
CHRISTIE, Campbell, Dr→
director · ~89y · appointed 1994-12-29 · resigned 1998-05-10
Resigned
CORNES, Colin→
director · ~84y · appointed 1994-12-29 · resigned 1998-04-01
Resigned
CRABB, Niall Crawford→
director · ~75y · appointed 2002-12-06 · resigned 2012-08-06
Resigned
CRABB, Niall Crawford→
director · ~75y · appointed 1995-02-20 · resigned 1999-07-30
Resigned
DOW, William Ramsay→
director · ~73y · appointed 1995-02-20 · resigned 1998-05-10
Resigned
EDWARDS, Malcolm John→
director · ~92y · appointed 1994-12-29 · resigned 1996-04-02
Resigned
FOSTER, Andrew Howard→
director · ~69y · appointed 2012-11-29 · resigned 2013-10-14
Resigned
FOSTER, Andrew Howard→
director · ~69y · appointed 2006-09-20 · resigned 2012-07-25
Resigned
FRANCIS, Horace William Alexander, Sir→
director · ~100y · appointed 1994-12-29 · resigned 1998-05-10
Resigned
GUEST, Nicholas Leigh→
director · ~60y · appointed 2007-10-01 · resigned 2010-10-20
Resigned

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

Mortgages & charges

82
Total charges
6
Outstanding
5
Active lenders
Status:Lender:82 of 82 shown
TypeProperties
outstanding
William Moffat & Sons & Others
Standard security1 property14/07/2010—
outstanding
Enga
Enga Limited
Standard security1 property09/07/2010—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property25/03/2010—
satisfied
E.on UK
E.on UK PLC
Floating charge1 property19/12/200730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/200530/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property28/09/200430/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property13/09/200430/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Assignation in security1 property24/07/200330/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property31/12/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property18/09/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property22/08/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property21/08/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties03/07/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/04/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property01/03/200230/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/12/200130/03/2010
satisfied
Scottish Power Generation
Scottish Power Generation Limited
Standard security1 property20/12/200125/07/2003
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/09/200130/03/2010
satisfied
Scottish Power UK
Scottish Power UK PLC
Standard security1 property24/08/200125/07/2003
satisfied
Scottish Power UK
Scottish Power UK PLC
Standard security1 property24/08/200125/07/2003
satisfied
Scottish Power UK
Scottish Power UK PLC
Standard security1 property24/08/200125/07/2003
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property13/07/200130/03/2010
satisfied
Lombard North Central
Lombard North Central PLC
Floating charge1 property19/06/200107/11/2003
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/09/200030/03/2010
satisfied
The Secretary of State for Trade and Industry
Standard security1 property29/05/200030/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property10/08/199930/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property09/08/199930/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/06/199930/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/05/199930/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property12/05/199930/03/2010
satisfied
The Secretary of State for Trade and Industry
Standard security1 property11/03/199930/03/2010
satisfied
The Secretary of State for Trade and Industry
Standard security1 property27/01/199930/03/2010
satisfied
The Secretary of State for Trade and Industry
Standard security1 property18/05/199830/03/2010
satisfied
Scottish Power
Scottish Power PLC
Standard security1 property13/05/199825/07/2003
satisfied
Scottish Power
Scottish Power PLC
Standard security1 property13/05/199825/07/2003
satisfied
Scottish Power
Scottish Power PLC
Standard security1 property13/05/199825/07/2003
satisfied
Scottish Power
Scottish Power PLC
Standard security1 property13/05/199825/07/2003
satisfied
The Secretary of State for Trade and Industry
Assignation1 property13/05/199830/03/2010
satisfied
Scottish Power
Scottish Power PLC
Standard security1 property13/05/199825/07/2003
satisfied
The Secretary of State for Trade and Industry
Assignation1 property13/05/199830/03/2010
satisfied
Scottish Power
Scottish Power PLC
Assignation in security1 property11/05/199801/08/2003
satisfied
Scottish Power
Scottish Power PLC
Floating charge3 properties10/05/199829/07/2003
satisfied
Scottish Power
Scottish Power PLC
Floating charge1 property10/05/199829/07/2003
outstanding
The Secretary of State for Trade and Industry
Floating charge1 property10/05/1998—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property29/08/199730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property27/08/199730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property25/08/199730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property25/08/199730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property25/08/199730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property25/08/199730/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/11/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/11/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/11/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property10/10/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/10/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/10/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/10/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/10/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/10/199606/08/1999
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
Standard security1 property07/10/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property19/09/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199616/12/1997
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199617/06/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/05/199630/03/2010
outstanding
British Coal Corporation
Standard security1 property01/05/1995—
outstanding
The Secretary of State for Trade and Industry
Floating charge1 property30/12/1994—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee and Others
Floating charge1 property29/12/199430/03/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (360 total)

gazette-dissolved-liquidation
gazette · GAZ2
2026-02-24
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2025-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-10-25
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-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2013-05-07
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2013-05-07
change-registered-office-address-company-with-date-old-address
address · AD01
2013-05-07
termination-director-company-with-name
officers · TM01
2013-05-03
termination-director-company-with-name
officers · TM01
2013-05-03
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2013-04-24
appoint-person-director-company-with-name
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