E.ON RUHRGAS UK NORTH SEA LIMITED
⚰️Wound downdissolved
SC240197 · ltd · incorporated 2002-11-27
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 22.6y 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
50/100
Worth a look
What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (75/100, director aged 64). Asset purchase likely safer than share purchase given structural signals. 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 (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 22.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (49/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
24 officers (1 active, 24 linked, 20 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
144 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 (84 events)Click to expand
- 2012-08-08⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2012-08-08🏁Company dissolved
- 2012-05-08⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2011-04-21📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-04-13📄resolutionresolution · RESOLUTIONS
- 2011-03-15📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2011-03-15📄memorandum-articlesincorporation · MA
- 2011-03-15📄legacycapital · SH20
- 2011-03-15⚠️legacyinsolvency · CAP-SS
- 2011-03-15📄resolutionresolution · RESOLUTIONS
- 2011-03-15📄resolutionresolution · RESOLUTIONS
- 2010-09-21📄termination-director-company-with-nameofficers · TM01
- 2010-09-21📄termination-director-company-with-nameofficers · TM01
- 2010-09-21📄termination-director-company-with-nameofficers · TM01
- 2010-09-21📄termination-director-company-with-nameofficers · TM01
- 2010-09-09➖BUSS, Judith resigneddirector
- 2010-09-09➖REICHETSEDER, Peter, Prof Dr resigneddirector
- 2010-09-09➖ROTHERMUND, Heinz Charles resigneddirector
- 2010-09-09➖SIVERTSEN, Frank Allan resigneddirector
- 2010-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2010-04-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-08📄accounts-with-accounts-type-fullaccounts · AA
- 2009-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2009-07-03📄legacyofficers · 288b
- 2009-07-01➖PRIEN, Nicolo resigneddirector
- 2009-06-22📄legacyofficers · 288a
- 2009-06-22📄legacyofficers · 288b
- 2009-06-20➕LERCH, Michael Felix appointeddirector
- 2009-06-19➖COLE, Martin resigneddirector
- 2008-12-31➖ASHMORE, Richard John resignedsecretary
- 2008-01-17➕COLE, Martin appointeddirector
- 2008-01-01➖BENKE, Eike, Dr resigneddirector
- 2008-01-01➕BUSS, Judith appointeddirector
- 2007-06-04➖MACDONALD, Jeffrey Saunders resigneddirector
- 2007-06-04➕ROTHERMUND, Heinz Charles appointeddirector
- 2005-11-11🔓Charge satisfied #5
- 2005-11-11🔓Charge satisfied #4
- 2005-11-11🔓Charge satisfied #3
- 2005-11-11🔓Charge satisfied #2
- 2005-11-11🔓Charge satisfied #1
- 2005-11-09➕ASHMORE, Richard John appointedsecretary
- 2005-11-09➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
- 2005-11-09➕BENKE, Eike, Dr appointeddirector
- 2005-11-09➖EDGLEY, Steven Neville resigneddirector
- 2005-11-09➖FERGUSON, Donald resigneddirector
- 2005-11-09➖HAWKINS, Warren resigneddirector
Showing most recent 50 of 84 events
Owner dependency
93/100
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 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
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 64. 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 17 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-08-08
3 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-08-08: gazette-dissolved-liquidation; 2012-05-08: liquidation-voluntary-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.
🔒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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|---|---|---|---|---|---|---|---|
| MOULSDALE INVESTMENTS LIMITED→ SC491741 · est 2014 | £117.51M £86.58M–£148.43M | — | — | 118100 | 11y | 83 | 72y |
| MCGHEE GROUP LIMITED→ SC362390 · est 2009 | £20.62M £15.19M–£26.04M | — | — | — | 16y | 87 | 67y |
| I3WORKS LTD→ SC477423 · est 2014 | £16.71M £12.31M–£21.11M | £38.15M | — | 14200 | 12y | 92 | 61y |
| 24/26 HOLDINGS LTD→ SC470528 · est 2014 | £4.81M £3.54M–£6.07M | — | — | 26 | 12y | 85 | 67y |
| INTERLOCK INVESTMENTS LIMITED→ SC057982 · est 1975 | £3.26M £2.40M–£4.11M | — | — | 20 | 50y | 85 | 72y |
| SKYVISION INTERNATIONAL LIMITED→ SC153156 · est 1994 | £837.2k £616.9k–£1.06M | £680.4k | — | 100 | 31y | 88 | 65y |
| ACCU-TECH SYSTEMS LIMITED→ SC223891 · est 2001 | £22.3k £16.4k–£28.2k | £413.2k | — | 300 | 24y | 85 | 58y |
| 'A' FLIGHT AVIATION LIMITED→ SC157855 · est 1995 | — | — | £6.9k | — | 31y | 83 | 72y |
| AKELA PLANT HIRE LTD→ SC313584 · est 2006 | — | — | £1.74M | — | 19y | 83 | 58y |
| ANDERSON KNIGHT LIMITED→ SC214850 · est 2001 | — | — | — | 2300 | 25y | 83 | 63y |
| ASSISTING SUCCESS LIMITED→ SC294900 · est 2005 | — | — | £29.2k | — | 20y | 83 | 62y |
| BIO-IMAGES DRUG DELIVERY LTD→ SC383233 · est 2010 | — | — | — | 0 | 15y | 83 | 82y |
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
Incorporated2002-11-27
Jurisdictionscotland
Primary SIC7415 — SIC 7415
Registered office
Lomond House
9 George Square
Glasgow
G2 1QQ
Filing status
Accounts
Next due: —
Last made up to: 2009-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 23 resigned)
LERCH, Michael Felix→
Activedirector · ~64y · appointed 2009-06-20
View their other companies + combined net worth →
ASHMORE, Richard John→
Resignedsecretary · appointed 2005-11-09 · resigned 2008-12-31
BATE, Christopher Malcolm→
Resignedsecretary · appointed 2003-03-21 · resigned 2004-11-09
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 2002-11-27 · resigned 2005-11-09
BENKE, Eike, Dr→
Resigneddirector · ~83y · appointed 2005-11-09 · resigned 2008-01-01
BUSS, Judith→
Resigneddirector · ~58y · appointed 2008-01-01 · resigned 2010-09-09
COLE, Martin→
Resigneddirector · ~77y · appointed 2008-01-17 · resigned 2009-06-19
EDGLEY, Steven Neville→
Resigneddirector · ~64y · appointed 2003-11-01 · resigned 2005-11-09
FERGUSON, Donald→
Resigneddirector · ~67y · appointed 2003-04-03 · resigned 2005-11-09
GUILL, Ben→
Resigneddirector · ~75y · appointed 2003-04-03 · resigned 2003-12-15
HAWKINS, Warren→
Resigneddirector · ~78y · appointed 2003-12-03 · resigned 2005-11-09
HOGAN, John Anthony→
Resigneddirector · ~73y · appointed 2003-10-23 · resigned 2005-11-09
HONEYBOURNE, John William Gervase→
Resigneddirector · ~75y · appointed 2003-04-03 · resigned 2005-11-09
HUNTER, Alexander→
Resigneddirector · ~72y · appointed 2003-04-03 · resigned 2005-11-09
MACAULAY, William E.→
Resigneddirector · ~81y · appointed 2003-11-25 · resigned 2005-11-09
MACDONALD, Jeffrey Saunders→
Resigneddirector · ~70y · appointed 2003-02-13 · resigned 2007-06-04
MURCHISON, John Hardy→
Resigneddirector · ~55y · appointed 2003-04-03 · resigned 2005-11-09
PRIEN, Nicolo→
Resigneddirector · ~60y · appointed 2005-11-09 · resigned 2009-07-01
PRINGLE, Keith James→
Resigneddirector · ~67y · appointed 2003-04-03 · resigned 2005-11-09
REICHETSEDER, Peter, Prof Dr→
Resigneddirector · ~72y · appointed 2005-11-09 · resigned 2010-09-09
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 24/11/2004 | 11/11/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 24/11/2004 | 11/11/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 24/11/2004 | 11/11/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent and Trustee | Floating charge | 1 property | 23/10/2003 | 11/11/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent and Trustee | Floating charge | 1 property | 23/10/2003 | 11/11/2005 |
Recent filings (144 total)
gazette-dissolved-liquidation
gazette · GAZ2
2012-08-08
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2012-05-08
change-registered-office-address-company-with-date-old-address
address · AD01
2011-04-21
resolution
resolution · RESOLUTIONS
2011-04-13
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2011-03-15
memorandum-articles
incorporation · MA
2011-03-15
legacy
capital · SH20
2011-03-15
legacy
insolvency · CAP-SS
2011-03-15
resolution
resolution · RESOLUTIONS
2011-03-15
resolution
resolution · RESOLUTIONS
2011-03-15
termination-director-company-with-name
officers · TM01
2010-09-21
termination-director-company-with-name
officers · TM01
2010-09-21
termination-director-company-with-name
officers · TM01
2010-09-21
termination-director-company-with-name
officers · TM01
2010-09-21
change-person-director-company-with-change-date
officers · CH01
2010-07-02