BLOCK SECURITIES (DUNFERMLINE) LIMITED
⚰️Wound downdissolved
SC229483 · ltd · incorporated 2002-03-21
Investment thesis
Company dissolved — 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 24.2y 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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: SIC 9999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).
🏦
Refinance opportunity
4 live charges · oldest 24.2y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 24.2 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: low (52/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (5 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
36 connected companies via shared directors
90
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
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 (50 events)Click to expand
- 2011-06-17📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-06-17🏁Company dissolved
- 2011-02-25📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-02-14📄dissolution-application-strike-off-companydissolution · DS01
- 2010-10-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-03-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-22📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2009-10-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-03-23📄legacyannual-return · 363a
- 2008-11-05📄accounts-with-accounts-type-fullaccounts · AA
- 2008-04-08📄legacyannual-return · 363a
- 2008-02-15📄legacyofficers · 288b
- 2008-01-08➖DICKSON, Pamela Simone resigneddirector
- 2007-11-02📄accounts-with-accounts-type-fullaccounts · AA
- 2007-04-10📄legacyannual-return · 363s
- 2006-09-13📄accounts-with-accounts-type-fullaccounts · AA
- 2006-04-10📄legacyannual-return · 363s
- 2006-04-10📄legacyannual-return · 363(288)
- 2006-03-27📄legacyofficers · 288c
- 2005-11-11📄legacyofficers · 288b
- 2005-10-24➖CUMMINGS, Peter Joseph resigneddirector
- 2005-10-10📄legacyofficers · 288b
- 2005-06-15📄accounts-with-accounts-type-fullaccounts · AA
- 2005-06-03📄legacyofficers · 288a
- 2005-05-19➕DICKSON, Pamela Simone appointeddirector
- 2005-05-19➖HEWITT, Alistair James Neil resigneddirector
- 2005-04-11📄legacyannual-return · 363s
- 2004-10-26📄accounts-with-accounts-type-fullaccounts · AA
- 2004-10-22📄legacyofficers · 288b
- 2004-10-22📄legacyofficers · 288a
- 2004-10-08➖DICKSON, Pamela Simone resigneddirector
- 2004-10-08➕HEWITT, Alistair James Neil appointeddirector
- 2003-09-17🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2003-09-14🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2003-09-12➕GORE, Richard William appointeddirector
- 2002-12-11➕MONTAGU EVANS LLP appointedcorporate-secretary
- 2002-12-11➖MACLAY MURRAY & SPENS LLP resignedcorporate-nominee-secretary
- 2002-05-03🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2002-04-30➕O'HARA, William Clive appointeddirector
- 2002-04-30➕CUMMINGS, Peter Joseph appointeddirector
- 2002-04-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2002-04-29➕GILLIES, Ramsay appointeddirector
- 2002-04-25➕GLOAG, Ann Heron appointeddirector
- 2002-04-25➕DICKSON, Pamela Simone appointeddirector
- 2002-04-25➖VINDEX LIMITED resignedcorporate-nominee-director
- 2002-04-25➖VINDEX SERVICES LIMITED resignedcorporate-nominee-director
- 2002-03-21🏢Company incorporatedAs BLOCK SECURITIES (DUNFERMLINE) LIMITED
- 2002-03-21➕MACLAY MURRAY & SPENS LLP appointedcorporate-nominee-secretary
- 2002-03-21➕VINDEX LIMITED appointedcorporate-nominee-director
- 2002-03-21➕VINDEX SERVICES LIMITED appointedcorporate-nominee-director
Owner dependency
65/100
High — earn-out structure requiredMaterial 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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-06-17
🔒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 · Other · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CARBETH HUTTERS COMMUNITY COMPANY→ SC342792 · est 2008 | — | — | — | 0 | 18y | 83 | 78y |
| CHUNG WAH TAO TAK TONG CHARITY COMPANY LIMITED→ SC192812 · est 1999 | — | — | — | 0 | 27y | 83 | 79y |
| EMPLOYERS IN VOLUNTARY HOUSING LIMITED→ SC184547 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 85y |
| ERGOMAN LIMITED→ SC191098 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 73y |
| GLENACRE MANAGEMENT LIMITED→ SC172787 · est 1997 · no financials extracted | — | — | — | — | 29y | 83 | 73y |
| HORSESHOE HOTELS LIMITED→ SC187861 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 70y |
| KADAMPA MEDITATION CENTRE GLASGOW→ SC198732 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 76y |
| KILMARONOCK MILLENNIUM ASSOCIATION→ SC184392 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 86y |
| OLDPL1 LTD→ SC225047 · est 2001 | — | — | £99.1k | — | 24y | 83 | 63y |
| OLDPL2 LTD→ SC174456 · est 1997 | — | — | £52.7k | — | 29y | 83 | 63y |
| PETER BROWN LIMITED→ SC066531 · est 1978 | — | — | £225 | — | 47y | 83 | 91y |
| SARTI (GLASGOW) LIMITED→ SC151744 · est 1994 | — | — | £3 | — | 32y | 83 | 64y |
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
Incorporated2002-03-21
Jurisdictionscotland
Primary SIC9999 — SIC 9999
Registered office
302 St Vincent Street
Glasgow
G2 5RU
Filing status
Accounts
Next due: —
Last made up to: 2009-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
MONTAGU EVANS LLP→
Activecorporate-secretary · appointed 2002-12-11
View their other companies + combined net worth →
GILLIES, Ramsay→
Activedirector · ~71y · appointed 2002-04-29
View their other companies + combined net worth →
GLOAG, Ann Heron→
Activedirector · ~84y · appointed 2002-04-25
View their other companies + combined net worth →
GORE, Richard William→
Activedirector · ~64y · appointed 2003-09-12
View their other companies + combined net worth →
O'HARA, William Clive→
Activedirector · ~74y · appointed 2002-04-30
View their other companies + combined net worth →
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-nominee-secretary · appointed 2002-03-21 · resigned 2002-12-11
CUMMINGS, Peter Joseph→
Resigneddirector · ~71y · appointed 2002-04-30 · resigned 2005-10-24
DICKSON, Pamela Simone→
Resigneddirector · ~59y · appointed 2005-05-19 · resigned 2008-01-08
DICKSON, Pamela Simone→
Resigneddirector · ~59y · appointed 2002-04-25 · resigned 2004-10-08
HEWITT, Alistair James Neil→
Resigneddirector · ~54y · appointed 2004-10-08 · resigned 2005-05-19
VINDEX LIMITED→
Resignedcorporate-nominee-director · appointed 2002-03-21 · resigned 2002-04-25
VINDEX SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-03-21 · resigned 2002-04-25
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/09/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 14/09/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 03/05/2002 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 30/04/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-06-17
gazette-notice-voluntary
gazette · GAZ1(A)
2011-02-25
dissolution-application-strike-off-company
dissolution · DS01
2011-02-14
accounts-with-accounts-type-dormant
accounts · AA
2010-10-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-03-22
change-corporate-secretary-company-with-change-date
officers · CH04
2010-03-22
accounts-with-accounts-type-dormant
accounts · AA
2009-10-15
legacy
annual-return · 363a
2009-03-23
accounts-with-accounts-type-full
accounts · AA
2008-11-05
legacy
annual-return · 363a
2008-04-08
legacy
officers · 288b
2008-02-15
accounts-with-accounts-type-full
accounts · AA
2007-11-02
legacy
annual-return · 363s
2007-04-10
accounts-with-accounts-type-full
accounts · AA
2006-09-13
legacy
annual-return · 363s
2006-04-10