SPRINGFIELD PROPERTIES (DUNDEE) LIMITED

⚰️Wound downdissolved
SC182285 · ltd · incorporated 1998-01-21
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
55/100
Worth a look
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 52/100. Strong seller-intent signal (63/100, director aged 67). 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: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

84 live charges · 5 lenders · oldest 28.2y

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 28.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: medium (59/100)

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
84 charges (84/84 with lender, 84/84 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
230 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
56
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 (192 events)Click to expand
  1. 2020-10-20
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2020-10-20
    🏁
    Company dissolved
  3. 2018-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2018-01-11
    CRUICKSHANK, Angus William appointed
    director
  5. 2018-01-11
    TARLING, Joanne Maxine resigned
    secretary
  6. 2018-01-11
    LETLEY, Paul David resigned
    director
  7. 2018-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2018-01-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2018-01-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2018-01-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2017-11-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2017-10-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2017-04-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2017-04-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2016-07-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2014-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2014-08-15
    🔓
    Charge satisfied #68
  21. 2014-08-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2014-08-12
    🔓
    Charge satisfied #70
  23. 2014-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2014-02-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2014-02-07
    📄
    mortgage-satisfy-charge-part
    mortgage · MR04
  26. 2014-02-07
    📄
    mortgage-satisfy-charge-part
    mortgage · MR04
  27. 2013-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2013-03-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2012-07-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2012-03-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  31. 2012-03-01
    🔒
    Charge registered #85
    Lender: The Royal Bank of Scotland PLC
  32. 2009-05-21
    🔓
    Charge satisfied #84
  33. 2009-05-21
    🔓
    Charge satisfied #81
  34. 2009-05-21
    🔓
    Charge satisfied #75
  35. 2007-01-31
    🔓
    Charge satisfied #15
  36. 2006-11-20
    🔓
    Charge satisfied #3
  37. 2006-11-07
    🔒
    Charge registered #84
    Lender: The Royal Bank of Scotland PLC
  38. 2006-11-07
    🔒
    Charge registered #83
    Lender: The Royal Bank of Scotland PLC
  39. 2006-11-07
    🔒
    Charge registered #82
    Lender: The Royal Bank of Scotland PLC
  40. 2006-11-07
    🔒
    Charge registered #81
    Lender: The Royal Bank of Scotland PLC
  41. 2006-11-07
    🔒
    Charge registered #80
    Lender: The Royal Bank of Scotland PLC
  42. 2006-11-07
    🔒
    Charge registered #79
    Lender: The Royal Bank of Scotland PLC
  43. 2006-11-07
    🔒
    Charge registered #78
    Lender: The Royal Bank of Scotland PLC
  44. 2006-11-07
    🔒
    Charge registered #77
    Lender: The Royal Bank of Scotland PLC
  45. 2006-11-07
    🔒
    Charge registered #76
    Lender: The Royal Bank of Scotland PLC
  46. 2006-11-07
    🔒
    Charge registered #75
    Lender: The Royal Bank of Scotland PLC
  47. 2006-11-07
    🔒
    Charge registered #74
    Lender: The Royal Bank of Scotland PLC
  48. 2006-11-07
    🔒
    Charge registered #73
    Lender: The Royal Bank of Scotland PLC
  49. 2006-11-07
    🔒
    Charge registered #72
    Lender: The Royal Bank of Scotland PLC
  50. 2006-11-07
    🔒
    Charge registered #71
    Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 192 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 67 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 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 2020-10-20

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.

17 live charges
low

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

Group structure

West End Property Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
West End Property Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
SPRINGFIELD PROPERTIES (DUNDEE) LIMITED
This company · SC182285

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
West End Property Holdings Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting25/11/2016
1 historic (ceased) PSC
  • Mr Paul David Letleyceased 11/01/2018· 75-100% shares · 75-100% voting · board control

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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.

See pricing →

Company details

Statusdissolved
Typeltd
Incorporated1998-01-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

4 Valentine Court
Dunsinane Industrial Estate
Dundee
Tayside
DD2 3QB

Filing status

Accounts
Next due:
Last made up to: 2015-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 7 resigned)

CRUICKSHANK, Angus William
director · ~67y · appointed 2018-01-11
View their other companies + combined net worth →
Active
SALE, Morwen
secretary · appointed 1998-01-21 · resigned 2001-02-01
Resigned
SALE, Paul
secretary · appointed 2001-02-01 · resigned 2006-10-18
Resigned
TARLING, Joanne Maxine
secretary · appointed 2006-10-18 · resigned 2018-01-11
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1998-01-21 · resigned 1998-01-21
Resigned
CRUICKSHANK, Angus William
director · ~67y · appointed 1998-07-24 · resigned 2006-10-18
Resigned
LETLEY, Paul David
director · ~69y · appointed 2006-10-18 · resigned 2018-01-11
Resigned
SALE, Paul
director · ~58y · appointed 1998-01-21 · resigned 2006-10-18
Resigned

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

Mortgages & charges

84
Total charges
17
Outstanding
2
Active lenders
Status:Lender:84 of 84 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties01/03/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/200621/05/2009
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/200621/05/2009
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/200621/05/2009
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/200612/08/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/200615/08/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
part-satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property18/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property24/07/200602/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property26/05/200602/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property06/04/200602/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property26/01/200502/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property26/01/200502/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property26/01/200502/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property26/01/200502/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property09/08/200404/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property06/08/200402/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/08/200402/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/08/200404/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/08/200402/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties26/03/200402/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property22/03/200402/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/03/200404/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties16/03/200404/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/03/200402/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/12/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/12/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/11/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/11/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/11/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property31/10/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200302/11/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200304/10/2006
satisfied
Paragon
Paragon Mortgages Limited
Standard security1 property06/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/10/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property03/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/10/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/10/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/10/200304/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/10/200302/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property01/10/200304/10/2006
satisfied
Paragon
Paragon Mortgages Limited
Floating charge1 property17/09/200331/01/2007
outstanding
Lombard North Central
Lombard North Central PLC
Marine mortgage1 property17/12/2001
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/06/200104/02/2004
satisfied
The Fife Council
Standard security1 property17/05/200104/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property14/09/199804/10/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property24/07/199820/11/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property12/03/199804/10/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (230 total)

gazette-dissolved-compulsory
gazette · GAZ2
2020-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-04-27
termination-director-company-with-name-termination-date
officers · TM01
2018-01-11
appoint-person-director-company-with-name-date
officers · AP01
2018-01-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-01-11
termination-secretary-company-with-name-termination-date
officers · TM02
2018-01-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2017-11-11
gazette-notice-compulsory
gazette · GAZ1
2017-10-03
gazette-filings-brought-up-to-date
gazette · DISS40
2017-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-21
gazette-notice-compulsory
gazette · GAZ1
2017-04-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-13