PPG LAND LIMITED
⚰️Wound downdissolved
SC192725 · ltd · incorporated 1999-01-21
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
49/100
Watch
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 49/100 (watch), bankability 40/100. Strong seller-intent signal (78/100, director aged 75). 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: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
35 live charges · 2 lenders · oldest 27.1y
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 27.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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
35 charges (35/35 with lender, 35/35 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 9 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
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
80
Strong succession / seller-readiness signals.
Risk profile
46
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 (83 events)Click to expand
- 2016-06-29⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-06-29🏁Company dissolved
- 2016-03-29⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2016-01-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-02-16⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2015-02-16⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2015-02-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-09-08➖HIGGINS, Lynne resigneddirector
- 2014-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-04-04📄accounts-with-accounts-type-fullaccounts · AA
- 2014-01-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-03📄accounts-with-accounts-type-fullaccounts · AA
- 2013-03-19📄termination-director-company-with-nameofficers · TM01
- 2013-02-28➖DIXON, Anthony Charles Simon resigneddirector
- 2013-01-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2012-04-04📄accounts-with-accounts-type-fullaccounts · AA
- 2012-02-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-06📄accounts-with-accounts-type-fullaccounts · AA
- 2011-02-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-23📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-09-03📄termination-director-company-with-nameofficers · TM01
- 2010-08-31➖RUDOLPH, David Mark resigneddirector
- 2010-05-05📄accounts-with-accounts-type-groupaccounts · AA
- 2010-05-04📄legacymortgage · MG01s
- 2010-04-20🔒Charge registered #35Lender: Bank of Scotland PLC
- 2010-04-16📄appoint-person-director-company-with-nameofficers · AP01
- 2010-03-05➕MCGILL, Michael Scott appointeddirector
- 2010-02-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-01-04📄resolutionresolution · RESOLUTIONS
- 2009-12-08📄termination-director-company-with-nameofficers · TM01
- 2009-12-03➖TUDHOPE, Ian Barclay resigneddirector
- 2008-04-02🔒Charge registered #34Lender: Bank of Scotland PLC
- 2008-03-03🔒Charge registered #33Lender: Bank of Scotland PLC
- 2007-08-29🔒Charge registered #32Lender: The Governor and Company of the Bank of Scotland
- 2007-08-14🔒Charge registered #31Lender: The Governor and Company of the Bank of Scotland
- 2007-07-01➕DIXON, Anthony Charles Simon appointeddirector
- 2007-05-02🔒Charge registered #30Lender: The Governor and Company of the Bank of Scotland
- 2007-03-05🔒Charge registered #29Lender: The Governor and Company of the Bank of Scotland
- 2007-01-12🔒Charge registered #28Lender: The Governor and Company of the Bank of Scotland
- 2006-08-21🔒Charge registered #27Lender: The Governor and Company of the Bank of Scotland
- 2006-08-11🔒Charge registered #26Lender: The Governor and Company of the Bank of Scotland
- 2006-08-11🔒Charge registered #25Lender: The Governor and Company of the Bank of Scotland
- 2006-08-11🔒Charge registered #24Lender: The Governor and Company of the Bank of Scotland
- 2006-08-11🔒Charge registered #23Lender: The Governor and Company of the Bank of Scotland
- 2006-08-11🔒Charge registered #22Lender: The Governor and Company of the Bank of Scotland
- 2006-08-01🔒Charge registered #20Lender: The Governor and Company of the Bank of Scotland
- 2006-07-31🔒Charge registered #21Lender: The Governor and Company of the Bank of Scotland
- 2006-06-30🔒Charge registered #19Lender: The Governor and Company of the Bank of Scotland
- 2006-01-20🔒Charge registered #18Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 83 events
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
96/100
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 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-06-29
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-06-29: gazette-dissolved-liquidation; 2016-03-29: liquidation-compulsory-return-of-final-meeting-scotland
35 live charges
lowHeavily 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 →Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GANDER EQUITIES LIMITED→ SC038884 · est 1963 | £5.39M £4.58M–£6.20M | — | £5.39M | — | 63y | 83 | 87y |
| DOMINPLAN PROPERTY CO. LIMITED→ SC039504 · est 1963 | £1.92M £1.63M–£2.21M | — | £1.92M | — | 62y | 83 | 89y |
| NEWTON PROPERTY MANAGEMENT LTD.→ SC224378 · est 2001 | £1.45M £1.23M–£1.66M | — | £1.45M | — | 24y | 83 | 70y |
| MILBEAR HOLDINGS (GLASGOW) LIMITED→ SC046691 · est 1969 | £974.3k £828.2k–£1.12M | — | £974.3k | — | 56y | 83 | 101y |
| CITYPROP INVESTMENTS LTD.→ SC157489 · est 1995 | £927.3k £788.2k–£1.07M | — | £927.3k | — | 31y | 83 | 87y |
| CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→ SC345086 · est 2008 | £623.3k £529.8k–£716.8k | — | £623.3k | — | 17y | 83 | 70y |
| INNOVATION PROPERTIES LIMITED→ SC312436 · est 2006 | £444.7k £378.0k–£511.4k | — | £444.7k | — | 19y | 83 | 86y |
| OREBLOCK LIMITED→ SC161313 · est 1995 | £146.5k £124.6k–£168.5k | — | £146.5k | — | 30y | 83 | 69y |
| HORSESHOE DEVELOPMENTS (PORT GLASGOW) LIMITED→ SC315228 · est 2007 | £132.9k £113.0k–£152.9k | — | £132.9k | — | 19y | 83 | 68y |
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| GALEN PROPERTIES LTD→ SC283636 · est 2005 | £64.1k £54.5k–£73.7k | — | £64.1k | — | 21y | 83 | 62y |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 | £53.3k £45.3k–£61.3k | — | £53.3k | — | 22y | 83 | 70y |
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
Incorporated1999-01-21
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
110 Queen Street
Glasgow
G1 3BX
Filing status
Accounts
Next due: —
Last made up to: 2013-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
HORNE, David William Murray→
Activesecretary · appointed 2002-05-01
View their other companies + combined net worth →
MCGILL, Michael Scott→
Activedirector · ~58y · appointed 2010-03-05
View their other companies + combined net worth →
MURRAY, David Edward→
Activedirector · ~75y · appointed 1999-02-11
View their other companies + combined net worth →
TAHIR, Sarah→
Resignedsecretary · appointed 1999-02-11 · resigned 2002-05-01
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-secretary · appointed 1999-01-21 · resigned 1999-02-11
CRAWFORD, Douglas James→
Resigneddirector · ~61y · appointed 1999-01-21 · resigned 1999-02-11
DIXON, Anthony Charles Simon→
Resigneddirector · ~60y · appointed 2007-07-01 · resigned 2013-02-28
HIGGINS, Lynne→
Resigneddirector · ~59y · appointed 2000-12-04 · resigned 2014-09-08
MACDONALD, James→
Resigneddirector · ~78y · appointed 1999-02-11 · resigned 2000-01-31
POLSON, Michael Buchanan→
Resigneddirector · ~62y · appointed 1999-01-21 · resigned 1999-02-11
RUDOLPH, David Mark→
Resigneddirector · ~64y · appointed 1999-02-11 · resigned 2010-08-31
TUDHOPE, Ian Barclay→
Resigneddirector · ~69y · appointed 1999-02-11 · resigned 2009-12-03
Click a director name to see their full track record across all companies.
Mortgages & charges
35
Total charges
35
Outstanding
1
Active lenders
Status:Lender:35 of 35 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 20/04/2010 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Legal charge | 1 property | 02/04/2008 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Legal charge | 1 property | 03/03/2008 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 29/08/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 14/08/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 02/05/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 3 properties | 05/03/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 12/01/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 21/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 11/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 11/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 11/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 11/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 11/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 01/08/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 31/07/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 30/06/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 20/01/2006 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 2 properties | 02/06/2005 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 2 properties | 27/09/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 2 properties | 10/09/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 02/04/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 24/03/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 25/02/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 17/12/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 03/10/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 24/07/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 2 properties | 18/07/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 14/07/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 24/06/2002 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 26/03/2002 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 11/01/2002 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 26/06/2001 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 26/11/1999 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 06/05/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
gazette-dissolved-liquidation
gazette · GAZ2
2016-06-29
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2016-03-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-01-27
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2015-02-16
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2015-02-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-02-12
termination-director-company-with-name-termination-date
officers · TM01
2014-09-08
accounts-with-accounts-type-full
accounts · AA
2014-04-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-01-21
accounts-with-accounts-type-full
accounts · AA
2013-04-03
termination-director-company-with-name
officers · TM01
2013-03-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-01-22
change-person-director-company-with-change-date
officers · CH01
2012-05-18
accounts-with-accounts-type-full
accounts · AA
2012-04-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-13