HAYMARKET PROJECTS LIMITED
⚰️Wound downdissolved
SC239677 · ltd · incorporated 2002-11-15
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 22.4y 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
What this business does
Primary activity: Development of building projects
Sector: Construction
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 66). 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
1 live charge · oldest 22.4y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.4 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 (51/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
47 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 (43 events)Click to expand
- 2015-01-30📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2015-01-30🏁Company dissolved
- 2014-10-10📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-09-26📄dissolution-application-strike-off-companydissolution · DS01
- 2014-04-08📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-12-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-11-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-12-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-11-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-19📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-06📄accounts-with-accounts-type-fullaccounts · AA
- 2009-07-31📄legacyofficers · 288b
- 2009-07-23➖MCGOWAN, Carol Ann resignedsecretary
- 2009-07-09📄legacyofficers · 288b
- 2009-07-02➖DI CIACCA, John Mark resigneddirector
- 2008-12-02📄legacyannual-return · 363a
- 2008-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2008-04-21📄legacyofficers · 288b
- 2008-04-10📄legacyofficers · 288a
- 2008-04-02➕ADAIR, Eric Weir appointeddirector
- 2008-04-02➖WALL, Ian James, Prof resigneddirector
- 2007-11-28📄legacyannual-return · 363s
- 2007-10-23📄accounts-with-accounts-type-fullaccounts · AA
- 2006-11-24📄legacyannual-return · 363s
- 2006-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2006-07-14➖TURNER, Derrick resigneddirector
- 2006-04-28➕MCGOWAN, Carol Ann appointedsecretary
- 2006-04-28➖WILSON, Mary resignedsecretary
- 2003-11-27🔒Charge registered #1Lender: The City of Edinburgh Council
- 2003-01-29➕DI CIACCA, John Mark appointeddirector
- 2003-01-29➕TURNER, Derrick appointeddirector
- 2003-01-22➕WILSON, Mary appointedsecretary
- 2003-01-22➖BURNESS resignedcorporate-nominee-secretary
- 2003-01-22➕WALL, Ian James, Prof appointeddirector
- 2003-01-22➖BURNESS (DIRECTORS) LIMITED resignedcorporate-nominee-director
- 2002-11-15🏢Company incorporatedAs HAYMARKET PROJECTS LIMITED
- 2002-11-15➕BURNESS appointedcorporate-nominee-secretary
- 2002-11-15➕BURNESS (DIRECTORS) LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 23 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 2015-01-30
🔒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
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|---|---|---|---|---|---|---|---|
| CSQ CONSULT LTD→ SC421143 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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| CU PLUMBING AND HEATING LTD→ SC832628 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CULLEN PLUMBING & HEATING LIMITED→ SC393940 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CULLROSS (BALLINDEAN) LIMITED→ SC685822 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CULMOT CONTRACTS LTD→ SC809308 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CUMBRAE PROPERTY LIMITED→ SC492499 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CUMMINGS PLUMBING LIMITED→ SC463623 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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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.
See pricing →Company details
Statusdissolved
Typeltd
Incorporated2002-11-15
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
7/9 North St. David Street
Edinburgh
EH2 1AW
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2012-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
ADAIR, Eric Weir→
Activedirector · ~66y · appointed 2008-04-02
View their other companies + combined net worth →
MCGOWAN, Carol Ann→
Resignedsecretary · appointed 2006-04-28 · resigned 2009-07-23
WILSON, Mary→
Resignedsecretary · appointed 2003-01-22 · resigned 2006-04-28
BURNESS→
Resignedcorporate-nominee-secretary · appointed 2002-11-15 · resigned 2003-01-22
DI CIACCA, John Mark→
Resigneddirector · ~62y · appointed 2003-01-29 · resigned 2009-07-02
TURNER, Derrick→
Resigneddirector · ~63y · appointed 2003-01-29 · resigned 2006-07-14
WALL, Ian James, Prof→
Resigneddirector · ~78y · appointed 2003-01-22 · resigned 2008-04-02
BURNESS (DIRECTORS) LIMITED→
Resignedcorporate-nominee-director · appointed 2002-11-15 · resigned 2003-01-22
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The City of Edinburgh Council | Standard security | 1 property | 27/11/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-01-30
gazette-notice-voluntary
gazette · GAZ1(A)
2014-10-10
dissolution-application-strike-off-company
dissolution · DS01
2014-09-26
change-registered-office-address-company-with-date-old-address
address · AD01
2014-04-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-08-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2012-09-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-11-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-19
change-person-director-company-with-change-date
officers · CH01
2009-11-19
accounts-with-accounts-type-full
accounts · AA
2009-11-06