CAIRN RESOURCES (2002) PLC

⚰️Wound downdissolved
SC234511 · plc · incorporated 2002-07-25
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
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 71). 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).

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 connected companies via shared directors
90
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
90
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 (36 events)Click to expand
  1. 2013-11-15
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2013-11-15
    🏁
    Company dissolved
  3. 2013-07-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2013-07-16
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2013-07-10
    📄
    auditors-resignation-company
    auditors · AUD
  6. 2013-06-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2012-08-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2012-06-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2012-04-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2011-08-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2011-07-15
    📄
    termination-director-company-with-name
    officers · TM01
  12. 2011-07-13
    📄
    appoint-person-director-company-with-name
    officers · AP01
  13. 2011-07-13
    📄
    change-person-director-company
    officers · CH01
  14. 2011-07-11
    ➕
    THOMSON, Simon John appointed
    director
  15. 2011-07-11
    ➖
    GAMMELL, William Benjamin Bowring, Sir resigned
    director
  16. 2011-06-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2010-10-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2010-10-05
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2010-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2010-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2010-08-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2010-07-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2009-08-20
    📄
    legacy
    annual-return · 363a
  24. 2009-07-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2008-11-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2008-08-11
    📄
    legacy
    annual-return · 363a
  27. 2007-08-20
    📄
    legacy
    annual-return · 363s
  28. 2007-08-20
    📄
    legacy
    annual-return · 363(288)
  29. 2007-05-30
    ➕
    BROWN, Janice Margaret appointed
    director
  30. 2007-05-22
    ➕
    WOOD, Duncan Alexander appointed
    secretary
  31. 2007-05-22
    ➖
    HART, Kevin resigned
    secretary
  32. 2006-11-17
    ➖
    HART, Kevin resigned
    director
  33. 2002-07-25
    🏢
    Company incorporated
    As CAIRN RESOURCES (2002) PLC
  34. 2002-07-25
    ➕
    HART, Kevin appointed
    secretary
  35. 2002-07-25
    ➕
    GAMMELL, William Benjamin Bowring, Sir appointed
    director
  36. 2002-07-25
    ➕
    HART, Kevin appointed
    director

Owner dependency

83/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

89/100
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 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • 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 2013-11-15

🔒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

8 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
Typeplc
Incorporated2002-07-25
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

50 Lothian Road
Edinburgh
EH3 9BY

Filing status

Accounts
Next due: —
Last made up to: 2012-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

WOOD, Duncan Alexander→
secretary · appointed 2007-05-22
View their other companies + combined net worth →
Active
BROWN, Janice Margaret→
director · ~71y · appointed 2007-05-30
View their other companies + combined net worth →
Active
THOMSON, Simon John→
director · ~61y · appointed 2011-07-11
View their other companies + combined net worth →
Active
HART, Kevin→
secretary · appointed 2002-07-25 · resigned 2007-05-22
Resigned
GAMMELL, William Benjamin Bowring, Sir→
director · ~74y · appointed 2002-07-25 · resigned 2011-07-11
Resigned
HART, Kevin→
director · ~58y · appointed 2002-07-25 · resigned 2006-11-17
Resigned

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

Recent filings (42 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-11-15
gazette-notice-voluntary
gazette · GAZ1(A)
2013-07-26
dissolution-application-strike-off-company
dissolution · DS01
2013-07-16
auditors-resignation-company
auditors · AUD
2013-07-10
accounts-with-accounts-type-full
accounts · AA
2013-06-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-08-02
accounts-with-accounts-type-full
accounts · AA
2012-06-29
change-person-director-company-with-change-date
officers · CH01
2012-04-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-05
termination-director-company-with-name
officers · TM01
2011-07-15
appoint-person-director-company-with-name
officers · AP01
2011-07-13
change-person-director-company
officers · CH01
2011-07-13
accounts-with-accounts-type-full
accounts · AA
2011-06-30
change-person-director-company-with-change-date
officers · CH01
2010-10-27
change-person-secretary-company-with-change-date
officers · CH03
2010-10-05