I J PROPERTY DEVELOPERS LIMITED

⚰️Wound downdissolved
SC228329 · ltd · incorporated 2002-02-21
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 24.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 55/100. Strong seller-intent signal (65/100, director aged 63). 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 (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

7 live charges · oldest 24.1y

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

Data confidence

Overall: low (48/100)

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
7 charges (7/7 with lender, 7/7 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
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
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 (45 events)Click to expand
  1. 2021-02-04
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2021-02-04
    🏁
    Company dissolved
  3. 2020-11-04
    ⚠️
    liquidation-compulsory-return-final-meeting-court-scotland
    insolvency · WU15(Scot)
  4. 2014-04-16
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  5. 2014-04-16
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  6. 2013-04-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2013-02-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2013-02-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2013-01-04
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  10. 2012-06-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2012-02-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2011-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2011-02-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2011-02-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2011-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2011-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2010-03-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2010-02-09
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  19. 2010-02-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2009-07-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2009-07-23
    📄
    legacy
    accounts · 225
  22. 2009-02-09
    📄
    legacy
    annual-return · 363a
  23. 2008-12-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2008-05-06
    📄
    legacy
    annual-return · 363a
  25. 2008-04-29
    📄
    legacy
    officers · 288c
  26. 2008-04-29
    📄
    legacy
    officers · 288c
  27. 2007-03-30
    🔓
    Charge satisfied #6
  28. 2007-03-30
    🔓
    Charge satisfied #4
  29. 2007-03-30
    🔓
    Charge satisfied #3
  30. 2007-03-30
    🔓
    Charge satisfied #2
  31. 2007-03-22
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  32. 2006-07-17
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  33. 2004-07-26
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  34. 2004-07-05
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  35. 2004-01-21
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  36. 2002-05-30
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  37. 2002-04-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  38. 2002-02-21
    🏢
    Company incorporated
    As I J PROPERTY DEVELOPERS LIMITED
  39. 2002-02-21
    ➕
    ELRICK, Jennifer Ann appointed
    secretary
  40. 2002-02-21
    ➕
    ELRICK, Ian Philip appointed
    director
  41. 2002-02-21
    ➕
    ELRICK, Jennifer Ann appointed
    director
  42. 2002-02-21
    ➕
    FIRST SCOTTISH SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  43. 2002-02-21
    ➖
    FIRST SCOTTISH SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  44. 2002-02-21
    ➕
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
    corporate-nominee-director
  45. 2002-02-21
    ➖
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2021-02-04

4 insolvency-related filings on record
high

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

Evidence: 2021-02-04: gazette-dissolved-liquidation; 2020-11-04: liquidation-compulsory-return-final-meeting-court-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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

10 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
Incorporated2002-02-21
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

53 Oakbank Road
Perth
PH1 1HG
United Kingdom

Filing status

Accounts
Next due: —
Last made up to: 2011-09-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

ELRICK, Jennifer Ann→
secretary · appointed 2002-02-21
View their other companies + combined net worth →
Active
ELRICK, Ian Philip→
director · ~63y · appointed 2002-02-21
View their other companies + combined net worth →
Active
ELRICK, Jennifer Ann→
director · ~63y · appointed 2002-02-21
View their other companies + combined net worth →
Active
FIRST SCOTTISH SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2002-02-21 · resigned 2002-02-21
Resigned
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
corporate-nominee-director · appointed 2002-02-21 · resigned 2002-02-21
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property22/03/2007—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property17/07/200630/03/2007
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property26/07/2004—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property05/07/200430/03/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security2 properties21/01/200430/03/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/05/200230/03/2007
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/04/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

gazette-dissolved-liquidation
gazette · GAZ2
2021-02-04
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2020-11-04
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2014-04-16
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2014-04-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-04-11
gazette-filings-brought-up-to-date
gazette · DISS40
2013-02-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-02-07
gazette-notice-compulsary
gazette · GAZ1
2013-01-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2012-06-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-06-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-10
change-person-secretary-company-with-change-date
officers · CH03
2011-02-07
change-person-director-company-with-change-date
officers · CH01
2011-02-07
change-person-director-company-with-change-date
officers · CH01
2011-02-07