M8 CONSTRUCTION LIMITED

⚰️Wound downliquidation
SC194015 · ltd · incorporated 1999-03-04
Investment thesis
Company liquidation — 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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.8y old — refinance window within 12 months
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (78/100, director aged 80). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 25.8y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 25.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (46/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
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
13
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 (21 events)Click to expand
  1. 2002-05-21
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  2. 2002-05-21
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  3. 2002-05-21
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  4. 2000-09-28
    📄
    legacy
    mortgage · 410(Scot)
  5. 2000-09-18
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  6. 2000-09-01
    📄
    legacy
    officers · 288a
  7. 2000-09-01
    📄
    legacy
    officers · 288a
  8. 2000-09-01
    📄
    legacy
    officers · 288a
  9. 2000-09-01
    📄
    legacy
    officers · 288b
  10. 2000-09-01
    📄
    legacy
    officers · 288b
  11. 2000-08-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2000-04-28
    MEECHAN, Brian James appointed
    secretary
  13. 2000-04-28
    COOPER, James appointed
    director
  14. 2000-04-28
    LEE, James appointed
    director
  15. 2000-04-28
    ASHCROFT CAMERON SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  16. 2000-04-28
    ASHCROFT CAMERON NOMINEES LIMITED resigned
    corporate-nominee-director
  17. 2000-04-18
    📄
    legacy
    annual-return · 363s
  18. 1999-03-04
    🏢
    Company incorporated
    As M8 CONSTRUCTION LIMITED
  19. 1999-03-04
    ASHCROFT CAMERON SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  20. 1999-03-04
    ASHCROFT CAMERON NOMINEES LIMITED appointed
    corporate-nominee-director
  21. 1999-03-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

91/100
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 80 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 26 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.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2001-01-04

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-03-18

Company in liquidation
high

Company is actively being wound up. Not a going concern.

3 insolvency-related filings on record
high

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

Evidence: 2002-05-21: liquidation-compulsory-appointment-provisional-liquidator-scotland; 2002-05-21: liquidation-compulsory-notice-winding-up-scotland

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

Statusliquidation
Typeltd
Incorporated1999-03-04
Jurisdictionscotland
Primary SIC7499 — SIC 7499

Registered office

19 Glasgow Road
Paisley
Renfrewshire
PA1 3QX

Filing status

Accounts
Next due: 2001-01-04OVERDUE
Last made up to:
Confirmation statement
Next due: 2017-03-18OVERDUE
Last:

Officers (3 active · 2 resigned)

MEECHAN, Brian James
secretary · appointed 2000-04-28
View their other companies + combined net worth →
Active
COOPER, James
director · ~80y · appointed 2000-04-28
View their other companies + combined net worth →
Active
LEE, James
director · ~68y · appointed 2000-04-28
View their other companies + combined net worth →
Active
ASHCROFT CAMERON SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1999-03-04 · resigned 2000-04-28
Resigned
ASHCROFT CAMERON NOMINEES LIMITED
corporate-nominee-director · appointed 1999-03-04 · resigned 2000-04-28
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property18/09/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (12 total)

liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2002-05-21
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2002-05-21
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2002-05-21
legacy
mortgage · 410(Scot)
2000-09-28
legacy
officers · 288a
2000-09-01
legacy
officers · 288a
2000-09-01
legacy
officers · 288a
2000-09-01
legacy
officers · 288b
2000-09-01
legacy
officers · 288b
2000-09-01
certificate-change-of-name-company
change-of-name · CERTNM
2000-08-03
legacy
annual-return · 363s
2000-04-18
incorporation-company
incorporation · NEWINC
1999-03-04