NORTHWIND HOMES LIMITED

⚰️Wound downdissolved
SC252142 · ltd · incorporated 2003-07-02
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 22.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 60/100. Strong seller-intent signal (65/100, director aged 59). 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: strategic trade sale (53/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 22.6y

65/100
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.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — 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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
49
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 (33 events)Click to expand
  1. 2010-03-07
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2010-03-07
    🏁
    Company dissolved
  3. 2009-12-07
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2007-12-17
    📄
    legacy
    mortgage · 419a(Scot)
  5. 2007-12-17
    🔓
    Charge satisfied #1
  6. 2007-05-03
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2006-11-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2006-07-05
    📄
    legacy
    annual-return · 363a
  9. 2005-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2005-07-19
    📄
    legacy
    annual-return · 363s
  11. 2004-07-16
    📄
    legacy
    annual-return · 363s
  12. 2003-11-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2003-11-12
    📄
    legacy
    accounts · 225
  14. 2003-10-30
    📄
    legacy
    mortgage · 410(Scot)
  15. 2003-10-27
    📄
    legacy
    officers · 288a
  16. 2003-10-27
    📍
    legacy
    address · 287
  17. 2003-10-27
    📄
    legacy
    officers · 288b
  18. 2003-10-27
    📄
    legacy
    officers · 288b
  19. 2003-10-23
    📄
    legacy
    officers · 288a
  20. 2003-10-23
    📄
    legacy
    capital · 88(2)R
  21. 2003-10-23
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2003-10-09
    📄
    legacy
    capital · 123
  23. 2003-10-09
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2003-10-09
    📄
    resolution
    resolution · RESOLUTIONS
  25. 2003-10-08
    MCDERMOTT, Barry John appointed
    secretary
  26. 2003-10-08
    MCDERMOTT, Barry John appointed
    director
  27. 2003-10-08
    MCDERMOTT, Paul Michael appointed
    director
  28. 2003-10-08
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  29. 2003-10-08
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director
  30. 2003-07-02
    🏢
    Company incorporated
    As NORTHWIND HOMES LIMITED
  31. 2003-07-02
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  32. 2003-07-02
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  33. 2003-07-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

84/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • 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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2010-03-07

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2010-03-07: gazette-dissolved-liquidation; 2009-12-07: liquidation-voluntary-return-of-final-meeting-scotland

🔒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

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 →
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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
Typeltd
Incorporated2003-07-02
Jurisdictionscotland
Primary SIC4521 — SIC 4521

Registered office

C/O Stevenson & Kyles
25 Sandyford Place
Glasgow
G3 7NJ

Filing status

Accounts
Next due:
Last made up to: 2005-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

MCDERMOTT, Barry John
secretary · appointed 2003-10-08
View their other companies + combined net worth →
Active
MCDERMOTT, Barry John
director · ~59y · appointed 2003-10-08
View their other companies + combined net worth →
Active
MCDERMOTT, Paul Michael
director · ~57y · appointed 2003-10-08
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-07-02 · resigned 2003-10-08
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-07-02 · resigned 2003-10-08
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property23/10/200317/12/2007

Recent filings (22 total)

gazette-dissolved-liquidation
gazette · GAZ2
2010-03-07
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2009-12-07
legacy
mortgage · 419a(Scot)
2007-12-17
resolution
resolution · RESOLUTIONS
2007-05-03
accounts-with-accounts-type-small
accounts · AA
2006-11-03
legacy
annual-return · 363a
2006-07-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-08-03
legacy
annual-return · 363s
2005-07-19
legacy
annual-return · 363s
2004-07-16
certificate-change-of-name-company
change-of-name · CERTNM
2003-11-20
legacy
accounts · 225
2003-11-12
legacy
mortgage · 410(Scot)
2003-10-30
legacy
officers · 288a
2003-10-27
legacy
address · 287
2003-10-27
legacy
officers · 288b
2003-10-27