FEAT ENTERPRISES

⚰️Wound downdissolved

SC202598 · private-limited-guarant-nsc-limited-exemption · incorporated 1999-12-23

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 16.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

53/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 38210

Sector: Water supply & waste

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 83). 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: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 16.0y

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 16.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 50/100 (high).

Data confidence

Overall: low (49/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

18 officers (1 active, 18 linked, 15 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

62 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

53/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (63 events)Click to expand

2016-03-10
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2016-03-10
🏁
Company dissolved
2015-12-10
⚠️
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2014-04-04
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2014-03-05
⚠️
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2014-03-05
⚠️
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2013-03-11
📄
termination-secretary-company-with-name
officers · TM02
2012-03-23
➖
SMART, Grace Watson resigned
secretary
2012-03-19
➖
GILILAND, Linda resigned
director
2012-03-19
📄
termination-director-company-with-name
officers · TM01
2012-03-19
📄
termination-director-company-with-name
officers · TM01
2012-03-15
➖
BARCLAY, Julie resigned
director
2011-12-31
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2011-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-11-15
📄
termination-director-company-with-name
officers · TM01
2011-11-15
📄
termination-director-company-with-name
officers · TM01
2011-11-13
➖
STEVENSON, Alison resigned
director
2011-11-11
➖
LAUGHLIN, Patrick Desmond resigned
director
2011-01-13
📄
accounts-with-accounts-type-small
accounts · AA
2010-12-20
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2010-06-26
📄
legacy
mortgage · MG01s
2010-06-21
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2010-02-24
📄
termination-director-company-with-name
officers · TM01
2010-01-27
➖
SUTTIE, Alan John resigned
director
2010-01-10
📄
accounts-with-accounts-type-small
accounts · AA
2009-12-30
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2009-12-22
📄
change-person-director-company-with-change-date
officers · CH01
2009-12-22
📄
change-person-director-company-with-change-date
officers · CH01
2009-12-22
📄
change-person-director-company-with-change-date
officers · CH01
2009-12-22
📄
change-person-director-company-with-change-date
officers · CH01
2008-12-31
📄
legacy
annual-return · 363a
2008-09-26
📄
accounts-with-accounts-type-small
accounts · AA
2007-12-12
📄
legacy
annual-return · 363a
2007-06-12
➕
GILILAND, Linda appointed
director
2006-09-20
➖
STUART, Ninian John Michael resigned
director
2006-09-12
➖
FREUDENBERG, Michael Walter resigned
director
2006-05-03
➕
NAUMANN, Laurie Martin appointed
director
2006-05-03
➕
LAUGHLIN, Patrick Desmond appointed
director
2004-10-26
➕
SMART, Grace Watson appointed
secretary
2004-10-26
➕
STUART, Ninian John Michael appointed
director
2004-10-25
➖
KENNY, Paul Enda resigned
secretary
2004-10-25
➖
KENNY, Paul Enda resigned
director
2004-05-06
➕
STEVENSON, Alison appointed
director
2003-12-19
➖
JAMIESON, Gordon Robert Alex resigned
director
2003-12-19
➖
WOLLAGE, Dorothy resigned
director
2003-03-21
➖
BARKER, Elspeth Caroline resigned
director
2002-12-31
➖
MCCRACKEN, Eva resigned
director
2002-06-24
➖
CRICHTON-STUART, Ninian John resigned
secretary
2002-06-24
➕
KENNY, Paul Enda appointed
secretary
2002-06-24
➖
CRICHTON-STUART, Ninian John resigned
director

Showing most recent 50 of 63 events

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

100/100

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 83 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 26 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 ·

Company dissolved

high

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

Evidence: Dissolved on 2016-03-10

4 insolvency-related filings on record

high

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

Evidence: 2016-03-10: gazette-dissolved-liquidation; 2015-12-10: liquidation-compulsory-return-of-final-meeting-scotland

🔒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 · Energy & utilities · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BRIGGS ENVIRONMENTAL SERVICES LIMITED→ SC110121 · est 1988	£2.71M £1.95M–£3.47M	£4.33M	—	5900	38y	87	87y
BLAIRHILL WATER POWER LIMITED→ SC134402 · est 1991	—	—	—	300	34y	83	64y
EB FARM LIMITED→ SC296637 · est 2006	—	—	—	3	20y	83	60y
TORRENTIAL POTENTIAL LIMITED→ SC381814 · est 2010	—	—	—	400	15y	83	77y
A & R BREWSTER LIMITED→ SC368427 · est 2009	—	—	—	—	16y	82	67y
ANDREW COOK (CONTAINERS) LIMITED→ SC125144 · est 1990	—	—	£510.2k	—	36y	82	94y
GREENLEAF RENEWABLES LIMITED→ SC392732 · est 2011	—	—	—	4	15y	82	61y
J C ENVIRONMENTAL SOLUTIONS LTD→ SC349921 · est 2008	—	—	—	25	17y	82	58y
LIVING WATER ECOSYSTEMS LTD.→ SC181843 · est 1997	—	—	—	500	28y	82	67y
ROBERTSON METALS HOLDINGS LTD→ SC353448 · est 2009 · no financials extracted	—	—	—	—	17y	82	63y
SLATACH HYDRO POWER LIMITED→ SC349289 · est 2008	—	—	—	0	17y	82	71y
THOMAS MUIR (ROSYTH) LTD→ SC379767 · est 2010	—	—	£1.24M	—	16y	82	76y

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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1999-12-23

Jurisdictionscotland

Primary SIC38210 — SIC 38210

Registered office

3 Castle Court

Carnegie Campus

Dunfermline

Fife

KY11 8PB

Filing status

Accounts

Next due: —

Last made up to: 2011-03-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 17 resigned)

NAUMANN, Laurie Martin→

director · ~83y · appointed 2006-05-03

View their other companies + combined net worth →

Active

CRICHTON-STUART, Ninian John→

secretary · appointed 1999-12-23 · resigned 2002-06-24

Resigned

KENNY, Paul Enda→

secretary · appointed 2002-06-24 · resigned 2004-10-25

Resigned

SMART, Grace Watson→

secretary · appointed 2004-10-26 · resigned 2012-03-23

Resigned

BARCLAY, Julie→

director · ~65y · appointed 1999-12-23 · resigned 2012-03-15

Resigned

BARKER, Elspeth Caroline→

director · ~67y · appointed 1999-12-23 · resigned 2003-03-21

Resigned

CRICHTON-STUART, Ninian John→

director · ~69y · appointed 1999-12-23 · resigned 2002-06-24

Resigned

FREUDENBERG, Michael Walter→

director · ~86y · appointed 1999-12-23 · resigned 2006-09-12

Resigned

GILILAND, Linda→

director · ~63y · appointed 2007-06-12 · resigned 2012-03-19

Resigned

JAMIESON, Gordon Robert Alex→

director · ~68y · appointed 2002-01-01 · resigned 2003-12-19

Resigned

KENNY, Paul Enda→

director · ~77y · appointed 1999-12-23 · resigned 2004-10-25

Resigned

LAUGHLIN, Patrick Desmond→

director · ~65y · appointed 2006-05-03 · resigned 2011-11-11

Resigned

MCCRACKEN, Eva→

director · ~77y · appointed 1999-12-23 · resigned 2002-12-31

Resigned

PITNEY, Brian John→

director · ~77y · appointed 1999-12-23 · resigned 2000-04-05

Resigned

STEVENSON, Alison→

director · ~70y · appointed 2004-05-06 · resigned 2011-11-13

Resigned

STUART, Ninian John Michael→

director · ~69y · appointed 2004-10-26 · resigned 2006-09-20

Resigned

SUTTIE, Alan John→

director · ~74y · appointed 1999-12-23 · resigned 2010-01-27

Resigned

WOLLAGE, Dorothy→

director · ~78y · appointed 1999-12-23 · resigned 2003-12-19

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Bank of Scotland PLC	Floating charge	1 property	21/06/2010	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

gazette-dissolved-liquidation

gazette · GAZ2

2016-03-10

liquidation-compulsory-return-of-final-meeting-scotland

insolvency · 4.17(Scot)

2015-12-10

change-registered-office-address-company-with-date-old-address

address · AD01

2014-04-04

liquidation-compulsory-notice-winding-up-scotland

insolvency · CO4.2(Scot)

2014-03-05

liquidation-compulsory-winding-up-order-scotland

insolvency · 4.2(Scot)

2014-03-05

termination-secretary-company-with-name

officers · TM02

2013-03-11

termination-director-company-with-name

officers · TM01

2012-03-19

termination-director-company-with-name

officers · TM01

2012-03-19

annual-return-company-with-made-up-date-no-member-list

annual-return · AR01

2011-12-31

accounts-with-accounts-type-total-exemption-full

accounts · AA

2011-12-30

termination-director-company-with-name

officers · TM01

2011-11-15

termination-director-company-with-name

officers · TM01

2011-11-15

accounts-with-accounts-type-small

accounts · AA

2011-01-13

annual-return-company-with-made-up-date-no-member-list

annual-return · AR01

2010-12-20

legacy

mortgage · MG01s

2010-06-26