NEVISMOUNT LIMITED
⚰️Wound downdissolved
SC231079 · ltd · incorporated 2002-05-02
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.
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
50/100
Worth a look
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 52/100. Strong seller-intent signal (88/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
9 live charges · 5 lenders · oldest 23.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (60/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 8 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
149 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 (69 events)Click to expand
- 2023-08-30⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2023-08-30🏁Company dissolved
- 2023-05-30⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2022-05-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-04📄resolutionresolution · RESOLUTIONS
- 2022-04-07📄resolutionresolution · RESOLUTIONS
- 2022-04-06✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-18🔓Charge satisfied #9
- 2022-02-18🔓Charge satisfied #8
- 2022-01-19📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-01-19📄legacycapital · SH20
- 2022-01-19⚠️legacyinsolvency · CAP-SS
- 2022-01-19📄resolutionresolution · RESOLUTIONS
- 2021-12-16📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-12-16📄legacycapital · SH20
- 2021-12-16⚠️legacyinsolvency · CAP-SS
- 2021-12-16📄resolutionresolution · RESOLUTIONS
- 2021-08-16📄memorandum-articlesincorporation · MA
- 2021-08-16📄resolutionresolution · RESOLUTIONS
- 2021-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-07-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-07-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-07-13🔓Charge satisfied #6
- 2021-07-13🔓Charge satisfied #5
- 2021-07-13🔓Charge satisfied #4
- 2021-07-13🔓Charge satisfied #7
- 2021-07-09🔒Charge registered #9Lender: National Westminster Bank PLC (As Security Agent)
- 2021-07-09🔒Charge registered #8Lender: National Westminster Bank PLC (As Security Agent)
- 2015-12-31➖MCALPINE, Robert resigneddirector
- 2013-05-09🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2013-05-09🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2013-05-09🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2013-05-03🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 2013-03-18🔓Charge satisfied #3
- 2007-10-17🔓Charge satisfied #2
- 2007-10-12➖COATES, Scott Terrence resigneddirector
- 2007-10-12➖OVEREND, Mike resigneddirector
- 2007-10-12🔒Charge registered #3Lender: Barclays Bank PLC
- 2006-03-25🔓Charge satisfied #1
- 2006-03-13🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-04-30➖DOCHERTY, William resigneddirector
- 2005-01-20➕DOHERTY, Gary John appointedsecretary
- 2005-01-20➕DOHERTY, Gary John appointeddirector
- 2005-01-20➖DOCHERTY, William resignedsecretary
- 2004-10-05➕COATES, Scott Terrence appointeddirector
Showing most recent 50 of 69 events
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
96/100
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 71 years old. Natural succession window is now.
- 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-08-30
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-08-30: gazette-dissolved-liquidation; 2023-05-30: liquidation-voluntary-members-return-of-final-meeting-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Hydrasun Group Acquisitions Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️
Hydrasun Group Acquisitions Ltd
Corporate parent · board control
⬇
NEVISMOUNT LIMITED
This company · SC231079
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hydrasun Group Acquisitions Ltd Corporate entity | — | 75–100% | board control75-100% voting · board control | 18/01/2017 |
1 historic (ceased) PSC
- Hsdl Nominees Ltdceased 18/01/2017· 75-100% shares
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 →Similar companies
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LINN PRODUCTS LIMITED→ SC052366 · est 1973 | £7.07M £5.50M–£8.65M | — | — | 170 | 53y | 85 | 80y |
| CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999 | £6.46M £5.02M–£7.89M | — | — | 8100 | 27y | 85 | 72y |
| PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005 | £4.66M £3.63M–£5.70M | £24.98M | — | 15700 | 20y | 84 | 70y |
| PCT GROUP SALES LIMITED→ SC075642 · est 1981 | £3.56M £2.77M–£4.35M | — | — | 77 | 44y | 85 | 83y |
| PROMAT BD LIMITED→ SC208370 · est 2000 | £3.41M £2.65M–£4.17M | — | — | 8500 | 26y | 87 | 70y |
| KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987 | £3.30M £2.57M–£4.03M | — | — | 57 | 39y | 84 | 65y |
| SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986 | £2.93M £2.28M–£3.59M | — | — | 27 | 40y | 85 | 65y |
| THOMAS TUNNOCK LIMITED→ SC028747 · est 1952 | £2.26M £1.76M–£2.76M | — | — | 653 | 74y | 85 | 93y |
| SOAPWORKS LIMITED→ SC388292 · est 2010 | £817.8k £636.1k–£999.6k | £11.53M | — | 10300 | 15y | 84 | 62y |
| WALKI LIMITED→ SC014320 · est 1926 | £439.3k £341.7k–£536.9k | — | — | 35 | 99y | 94 | 61y |
| LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003 | — | — | — | 1400 | 23y | 88 | 66y |
| BLUETON LIMITED→ SC282644 · est 2005 | — | — | — | 12 | 21y | 83 | 59y |
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
Incorporated2002-05-02
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
5th Floor, 130 St. Vincent Street
Glasgow
G2 5HF
Filing status
Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 11 resigned)
DOHERTY, Gary John→
Activesecretary · appointed 2005-01-20
View their other companies + combined net worth →
DOHERTY, Gary John→
Activedirector · ~56y · appointed 2005-01-20
View their other companies + combined net worth →
DRUMMOND, Robert Sommerville→
Activedirector · ~71y · appointed 2002-08-20
View their other companies + combined net worth →
DOCHERTY, William→
Resignedsecretary · appointed 2003-03-18 · resigned 2005-01-20
NICHOLAS, Gavin→
Resignedsecretary · appointed 2002-05-16 · resigned 2002-08-20
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2002-05-02 · resigned 2002-05-16
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2002-08-20 · resigned 2003-03-18
COATES, Scott Terrence→
Resigneddirector · ~55y · appointed 2004-10-05 · resigned 2007-10-12
DOCHERTY, William→
Resigneddirector · ~75y · appointed 2002-08-20 · resigned 2005-04-30
GREENBERG, Alan Manuel→
Resigneddirector · ~62y · appointed 2002-05-16 · resigned 2002-08-20
HEDGES, Desmond Paul→
Resigneddirector · ~78y · appointed 2003-08-19 · resigned 2004-08-01
MCALPINE, Robert→
Resigneddirector · ~71y · appointed 2003-04-01 · resigned 2015-12-31
OVEREND, Mike→
Resigneddirector · ~84y · appointed 2004-07-01 · resigned 2007-10-12
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2002-05-02 · resigned 2002-05-16
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank (As Security Agent) National Westminster Bank PLC (As Security Agent) | A registered charge | — | 09/07/2021 | 18/02/2022 | |
| satisfied | National Westminster Bank (As Security Agent) National Westminster Bank PLC (As Security Agent) | A registered charge | — | 09/07/2021 | 18/02/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 09/05/2013 | 13/07/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 09/05/2013 | 13/07/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 09/05/2013 | 13/07/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | — | 03/05/2013 | 13/07/2021 | |
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 12/10/2007 | 18/03/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 13/03/2006 | 17/10/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 20/08/2002 | 25/03/2006 |
Recent filings (149 total)
gazette-dissolved-liquidation
gazette · GAZ2
2023-08-30
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2023-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-04
resolution
resolution · RESOLUTIONS
2022-05-04
resolution
resolution · RESOLUTIONS
2022-04-07
certificate-change-of-name-company
change-of-name · CERTNM
2022-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-02
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-18
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-18
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-01-19
legacy
capital · SH20
2022-01-19
legacy
insolvency · CAP-SS
2022-01-19
resolution
resolution · RESOLUTIONS
2022-01-19
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2021-12-16
legacy
capital · SH20
2021-12-16