NORTH AYRSHIRE VENTURES LIMITED

⚰️Wound downdissolved
SC196860 · ltd · incorporated 1999-06-04
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 26.2y

50/100
clean up first

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

  • · Oldest live charge is 26.2 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: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
22 officers (4 active, 22 linked, 18 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
64
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 (72 events)Click to expand
  1. 2015-10-09
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-10-09
    🏁
    Company dissolved
  3. 2015-06-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2015-06-04
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2014-07-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2014-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2014-07-01
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  8. 2014-07-01
    📍
    change-sail-address-company-with-old-address
    address · AD02
  9. 2014-01-30
    📄
    termination-director-company-with-name
    officers · TM01
  10. 2013-12-05
    ADAIR, Eric Weir resigned
    director
  11. 2013-08-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2013-07-03
    📄
    appoint-person-director-company-with-name
    officers · AP01
  13. 2013-07-03
    📄
    termination-director-company-with-name
    officers · TM01
  14. 2013-06-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-06-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-05-16
    BURNS, Marie Agnes, Councillor appointed
    director
  17. 2012-05-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2012-05-04
    📄
    legacy
    mortgage · MG01s
  19. 2012-05-03
    O'NEILL, David John Brian resigned
    director
  20. 2012-05-02
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  21. 2012-02-03
    📄
    auditors-resignation-company
    auditors · AUD
  22. 2011-12-13
    📄
    appoint-person-director-company-with-name
    officers · AP01
  23. 2011-11-18
    FRIEL, Laura appointed
    director
  24. 2011-11-18
    📄
    termination-director-company-with-name
    officers · TM01
  25. 2011-10-13
    HERBERT, Alasdair James resigned
    director
  26. 2011-06-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  27. 2011-06-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2010-06-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2010-06-21
    📍
    move-registers-to-sail-company
    address · AD03
  30. 2010-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  31. 2010-06-21
    📍
    change-sail-address-company
    address · AD02
  32. 2010-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  33. 2010-04-12
    MURRAY, Elizabeth Margaret appointed
    director
  34. 2010-01-25
    SNODGRASS, Ian Thomas resigned
    director
  35. 2009-08-28
    JOHNSON, Neil Scott resigned
    director
  36. 2009-07-23
    MCGOWAN, Carol Ann resigned
    secretary
  37. 2009-07-02
    DI CIACCA, John Mark resigned
    director
  38. 2008-04-02
    DI CIACCA, John Mark appointed
    director
  39. 2008-04-02
    WALL, Ian James, Prof resigned
    director
  40. 2007-06-13
    HUNTER, John appointed
    director
  41. 2007-06-13
    MUNN, David Robert resigned
    director
  42. 2007-04-05
    HUNTER, Colin Ian resigned
    director
  43. 2007-01-15
    MACDONALD, Brian resigned
    director
  44. 2007-01-15
    SNODGRASS, Ian Thomas appointed
    director
  45. 2006-09-27
    ADAIR, Eric Weir appointed
    director
  46. 2006-09-27
    JOHNSON, Neil Scott appointed
    director
  47. 2006-07-28
    SMART, Jeremy John resigned
    director
  48. 2006-04-28
    MCGOWAN, Carol Ann appointed
    secretary
  49. 2006-04-28
    WILSON, Mary resigned
    secretary
  50. 2005-02-03
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Scotland PLC
Showing most recent 50 of 72 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

83/100
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 77 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • 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

1 high · 1 low
Company dissolved
high

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

Evidence: Dissolved on 2015-10-09

5 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

9 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
Incorporated1999-06-04
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Cunninghame House
Friars Croft
Irvine
Ayrshire
KA12 8EE

Filing status

Accounts
Next due:
Last made up to: 2013-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 18 resigned)

BURNS, Marie Agnes, Councillor
director · ~67y · appointed 2012-05-16
View their other companies + combined net worth →
Active
FRIEL, Laura
director · ~63y · appointed 2011-11-18
View their other companies + combined net worth →
Active
HUNTER, John
director · ~77y · appointed 2007-06-13
View their other companies + combined net worth →
Active
MURRAY, Elizabeth Margaret
director · ~64y · appointed 2010-04-12
View their other companies + combined net worth →
Active
MCGOWAN, Carol Ann
secretary · appointed 2006-04-28 · resigned 2009-07-23
Resigned
WILSON, Mary
secretary · appointed 1999-10-25 · resigned 2006-04-28
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1999-06-04 · resigned 1999-10-25
Resigned
ADAIR, Eric Weir
director · ~66y · appointed 2006-09-27 · resigned 2013-12-05
Resigned
BRADBURY, Neil
director · ~74y · appointed 1999-10-25 · resigned 2000-12-21
Resigned
DI CIACCA, John Mark
director · ~62y · appointed 2008-04-02 · resigned 2009-07-02
Resigned
HERBERT, Alasdair James
director · ~77y · appointed 1999-10-25 · resigned 2011-10-13
Resigned
HUNTER, Colin Ian
director · ~72y · appointed 2000-04-20 · resigned 2007-04-05
Resigned
JOHNSON, Neil Scott
director · ~58y · appointed 2006-09-27 · resigned 2009-08-28
Resigned
MACDONALD, Brian
director · ~71y · appointed 1999-10-25 · resigned 2007-01-15
Resigned
MUNN, David Robert
director · ~78y · appointed 1999-10-25 · resigned 2007-06-13
Resigned
O'NEILL, David John Brian
director · ~71y · appointed 1999-10-25 · resigned 2012-05-03
Resigned
RAE, Colin Kenneth
director · ~62y · appointed 1999-10-25 · resigned 2001-09-19
Resigned
SMART, Jeremy John
director · ~63y · appointed 2001-09-19 · resigned 2006-07-28
Resigned
SNODGRASS, Ian Thomas
director · ~78y · appointed 2007-01-15 · resigned 2010-01-25
Resigned
SUTHERLAND, Duncan
director · ~75y · appointed 1999-10-25 · resigned 2000-04-19
Resigned

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

Mortgages & charges

5
Total charges
5
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Standard security1 property02/05/2012
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property03/02/2005
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property11/02/2004
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property11/02/2004
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property09/02/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (98 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-10-09
gazette-notice-voluntary
gazette · GAZ1(A)
2015-06-19
dissolution-application-strike-off-company
dissolution · DS01
2015-06-04
accounts-with-accounts-type-full
accounts · AA
2014-07-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-01
change-registered-office-address-company-with-date-old-address
address · AD01
2014-07-01
change-sail-address-company-with-old-address
address · AD02
2014-07-01
termination-director-company-with-name
officers · TM01
2014-01-30
accounts-with-accounts-type-full
accounts · AA
2013-08-06
appoint-person-director-company-with-name
officers · AP01
2013-07-03
termination-director-company-with-name
officers · TM01
2013-07-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-06-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-19
accounts-with-accounts-type-full
accounts · AA
2012-05-16
legacy
mortgage · MG01s
2012-05-04