DOUGLAS-ADAIR LIMITED

⚰️Wound downdissolved
SC225395 · ltd · incorporated 2001-11-15
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 19.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 73). Share purchase looks the cleaner deal structure. 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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 19.0y

65/100
clean up first

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

  • · Oldest live charge is 19.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (55/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
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 (35 events)Click to expand
  1. 2018-04-17
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-04-17
    🏁
    Company dissolved
  3. 2018-01-30
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-01-18
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2018-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2017-12-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2016-09-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2015-12-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2015-11-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2014-12-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2014-09-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-03-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2014-03-27
    🔓
    Charge satisfied #2
  15. 2013-12-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-07-31
    📄
    termination-secretary-company-with-name
    officers · TM02
  17. 2013-07-30
    ➖
    LOW, Helen resigned
    secretary
  18. 2013-07-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2012-12-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-11-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2011-11-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2011-09-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2010-11-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-08-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2010-04-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2010-04-26
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  27. 2007-05-29
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  28. 2007-05-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 2001-11-22
    ➕
    LOW, Douglas appointed
    director
  30. 2001-11-22
    ➕
    LOW, Helen appointed
    secretary
  31. 2001-11-22
    ➖
    PF & S (SECRETARIES) LIMITED resigned
    corporate-nominee-secretary
  32. 2001-11-22
    ➖
    PF & S (DIRECTORS) LIMITED resigned
    corporate-nominee-director
  33. 2001-11-15
    🏢
    Company incorporated
    As DOUGLAS-ADAIR LIMITED
  34. 2001-11-15
    ➕
    PF & S (SECRETARIES) LIMITED appointed
    corporate-nominee-secretary
  35. 2001-11-15
    ➕
    PF & S (DIRECTORS) LIMITED appointed
    corporate-nominee-director

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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — 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 73 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 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2018-04-17

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Douglas Low
Individual · British · DOB 07/1953 · age 73
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Helen Low
Individual · British · DOB 02/1956 · age 70
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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.

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Company details

Statusdissolved
Typeltd
Incorporated2001-11-15
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Wits End Lochside
St. Cyrus
Montrose
Angus
DD10 0DB

Filing status

Accounts
Next due: —
Last made up to: 2017-11-06
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

LOW, Douglas→
director · ~73y · appointed 2001-11-22
View their other companies + combined net worth →
Active
LOW, Helen→
secretary · appointed 2001-11-22 · resigned 2013-07-30
Resigned
PF & S (SECRETARIES) LIMITED→
corporate-nominee-secretary · appointed 2001-11-15 · resigned 2001-11-22
Resigned
PF & S (DIRECTORS) LIMITED→
corporate-nominee-director · appointed 2001-11-15 · resigned 2001-11-22
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/05/200727/03/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property02/05/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-04-17
gazette-notice-voluntary
gazette · GAZ1(A)
2018-01-30
dissolution-application-strike-off-company
dissolution · DS01
2018-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2017-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-17
mortgage-satisfy-charge-full
mortgage · MR04
2014-03-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-03