NORDAN SCANDIC (SCOTLAND) LTD

🌳Matureactive
SC165768 · ltd · incorporated 1996-05-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£2
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 28.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 28.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
16 officers (4 active, 16 linked, 11 with DOB)
84
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£2
~ YoY
Current Assets
—
Current Liabilities
—
£0£0£1£1£2£2Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£2£2
Net assets£2£2

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 persons-with-significant-control
Last 180 days
1
filing
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-04-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2025-10-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-09-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2024-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-01-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-01-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-01-01
    ➕
    GREENWOOD, Craig appointed
    director
  12. 2024-01-01
    ➕
    IRVINE, Gillian appointed
    director
  13. 2023-12-31
    ➖
    BROWN, Alexander Macdonald resigned
    director
  14. 2023-10-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-12-31
    ➖
    RASMUSSEN, Tore resigned
    director
  16. 2022-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2018-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2017-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2012-12-31
    ➖
    BIRNIE, Sydney James resigned
    director
  23. 2012-12-26
    ➕
    BROWN, Alexander Macdonald appointed
    director
  24. 2010-05-20
    ➕
    IRVINE, Gillian appointed
    secretary
  25. 2008-09-17
    ➖
    BARR, Thomas Allan resigned
    director
  26. 2008-07-18
    ➖
    ADAMSON, Alastair resigned
    director
  27. 2007-10-31
    ➖
    GILLON, William resigned
    secretary
  28. 2007-02-21
    ➕
    BARR, Thomas Allan appointed
    director
  29. 2007-02-21
    ➕
    BIRNIE, Sydney James appointed
    director
  30. 2007-02-21
    ➖
    COLLINS, Colin Roger resigned
    director
  31. 2007-02-21
    ➖
    DAVIDSON, William resigned
    director
  32. 2006-11-06
    🔒
    Charge registered #2
    Lender: Danske Bank a/S
  33. 2005-05-09
    ➕
    RASMUSSEN, Johannes appointed
    director
  34. 2005-05-09
    ➖
    ADAMSON, Corainn Catriona resigned
    secretary
  35. 2005-05-09
    ➕
    GILLON, William appointed
    secretary
  36. 2005-05-09
    ➕
    COLLINS, Colin Roger appointed
    director
  37. 2005-05-09
    ➕
    DAVIDSON, William appointed
    director
  38. 2005-05-09
    ➕
    RASMUSSEN, Tore appointed
    director
  39. 1998-03-17
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  40. 1996-10-06
    ➕
    ADAMSON, Alastair appointed
    secretary
  41. 1996-10-06
    ➖
    ADAMSON, Alastair resigned
    secretary
  42. 1996-06-19
    ➕
    ADAMSON, Corainn Catriona appointed
    secretary
  43. 1996-06-19
    ➕
    ADAMSON, Alastair appointed
    director
  44. 1996-05-21
    🏢
    Company incorporated
    As NORDAN SCANDIC (SCOTLAND) LTD
  45. 1996-05-21
    ➕
    REID, Brian appointed
    nominee-secretary
  46. 1996-05-21
    ➖
    REID, Brian resigned
    nominee-secretary
  47. 1996-05-21
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  48. 1996-05-21
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Nordan Uk Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Nordan Uk Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
NORDAN SCANDIC (SCOTLAND) LTD
This company · SC165768

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
Nordan Uk Ltd
Corporate entity
75–100%
—75-100% shares06/04/2016
3 historic (ceased) PSCs
  • Mr Alexander Macdonald Brownceased 31/12/2023· 25-50% voting
  • Mr Johannes Rasmussenceased 01/01/2023· 25-50% voting
  • Mr Tore Rasmussenceased 31/12/2022· 25-50% voting

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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
TARTAN GOLF INTERNATIONAL LIMITED→
SC086571 · est 1984
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——1942y8366y
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£524.1k–£1.05M
———66y8272y
ESSENTIAL EDINBURGH→
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£82.2k
£54.8k–£109.6k
——70017y8468y
COGENT SSC LIMITED→
SC129351 · est 1991 · no financials extracted
————35y8359y
NEVIS PROPERTY COMPANY LIMITED→
SC020708 · est 1938 · no financials extracted
————87y8390y
NEWLANDS COMMUNITY DEVELOPMENT TRUST→
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————18y8368y
OUTDOOR INDUSTRIES ASSOCIATION CIC→
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————16y8366y
SALMON SCOTLAND LTD→
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——£188.2k—31y8366y
SCOTPAC INTERNATIONAL (U.K.) LIMITED→
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————56y8360y
SMTA (TRADING PARTNERS) LIMITED→
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———018y8376y
AW ESTATES LIMITED→
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————22y8268y
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————33y8265y
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

Statusactive
Typeltd
Incorporated1996-05-21
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Unit 3 Nordan Uk
Almondview Business Park, Almondview
Livingston
EH54 6SF
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (4 active · 12 resigned)

IRVINE, Gillian→
secretary · appointed 2010-05-20
View their other companies + combined net worth →
Active
GREENWOOD, Craig→
director · ~51y · appointed 2024-01-01
View their other companies + combined net worth →
Active
IRVINE, Gillian→
director · ~55y · appointed 2024-01-01
View their other companies + combined net worth →
Active
RASMUSSEN, Johannes→
director · ~65y · appointed 2005-05-09
View their other companies + combined net worth →
Active
ADAMSON, Alastair→
secretary · appointed 1996-10-06 · resigned 1996-10-06
Resigned
ADAMSON, Corainn Catriona→
secretary · appointed 1996-06-19 · resigned 2005-05-09
Resigned
GILLON, William→
secretary · appointed 2005-05-09 · resigned 2007-10-31
Resigned
REID, Brian→
nominee-secretary · appointed 1996-05-21 · resigned 1996-05-21
Resigned
ADAMSON, Alastair→
director · ~63y · appointed 1996-06-19 · resigned 2008-07-18
Resigned
BARR, Thomas Allan→
director · ~68y · appointed 2007-02-21 · resigned 2008-09-17
Resigned
BIRNIE, Sydney James→
director · ~58y · appointed 2007-02-21 · resigned 2012-12-31
Resigned
BROWN, Alexander Macdonald→
director · ~64y · appointed 2012-12-26 · resigned 2023-12-31
Resigned
COLLINS, Colin Roger→
director · ~81y · appointed 2005-05-09 · resigned 2007-02-21
Resigned
DAVIDSON, William→
director · ~79y · appointed 2005-05-09 · resigned 2007-02-21
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1996-05-21 · resigned 1996-05-21
Resigned
RASMUSSEN, Tore→
director · ~65y · appointed 2005-05-09 · resigned 2022-12-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Danske Bank a/S
Floating charge1 property06/11/2006—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property17/03/1998—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-01
appoint-person-director-company-with-name-date
officers · AP01
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-03
appoint-person-director-company-with-name-date
officers · AP01
2024-01-03
termination-director-company-with-name-termination-date
officers · TM01
2024-01-03
termination-director-company-with-name-termination-date
officers · TM01
2024-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-22