SEAFORTH CRAIL LIMITED

⚰️Wound downdissolved
SC274869 · ltd · incorporated 2004-10-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

10 live charges · 6 lenders · oldest 21.2y

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 21.2 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
64
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 (48 events)Click to expand
  1. 2017-09-26
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2017-09-26
    🏁
    Company dissolved
  3. 2017-07-11
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2017-06-29
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2016-10-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2015-10-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2015-10-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2014-10-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2014-10-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2013-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2013-10-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2013-09-25
    MCCULLOCH, Colin John resigned
    director
  14. 2013-09-25
    📄
    termination-director-company-with-name
    officers · TM01
  15. 2012-11-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-11-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-11-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2011-12-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2011-10-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2011-10-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2011-10-26
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  22. 2011-10-26
    📄
    termination-secretary-company-with-name
    officers · TM02
  23. 2011-10-26
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  24. 2011-10-18
    ELLIOT, John Johnstone appointed
    secretary
  25. 2011-10-18
    MCCULLOCH, Colin John resigned
    secretary
  26. 2011-03-29
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  27. 2010-12-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2010-11-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2005-03-11
    🔒
    Charge registered #10
    Lender: Clydesdale Bank Public Limited Company
  30. 2005-03-04
    🔒
    Charge registered #9
    Lender: Ashleybank Investments Limited
  31. 2005-03-04
    🔒
    Charge registered #8
    Lender: Corrieben Limited
  32. 2005-03-04
    🔒
    Charge registered #7
    Lender: Holland Park Homes Limited
  33. 2005-03-04
    🔒
    Charge registered #2
    Lender: David John Hume
  34. 2005-03-04
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  35. 2005-02-25
    ELLIOT, John Johnstone appointed
    director
  36. 2005-02-25
    NEEDHAM, Douglas Wilson appointed
    director
  37. 2005-02-25
    🔒
    Charge registered #6
    Lender: Corrieben Limited
  38. 2005-02-25
    🔒
    Charge registered #5
    Lender: Ashleybank Investments Limited
  39. 2005-02-25
    🔒
    Charge registered #4
    Lender: David John Hume
  40. 2005-02-25
    🔒
    Charge registered #3
    Lender: Seaforth Properties Limited
  41. 2004-12-23
    MACKIE, John appointed
    director
  42. 2004-12-23
    MCCULLOCH, Colin John appointed
    secretary
  43. 2004-12-23
    DM COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  44. 2004-12-23
    MCCULLOCH, Colin John appointed
    director
  45. 2004-12-23
    DM DIRECTOR LIMITED resigned
    corporate-nominee-director
  46. 2004-10-18
    🏢
    Company incorporated
    As SEAFORTH CRAIL LIMITED
  47. 2004-10-18
    DM COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  48. 2004-10-18
    DM DIRECTOR LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

90/100
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 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 · 1 low
Company dissolved
high

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

Evidence: Dissolved on 2017-09-26

10 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Ashleybank Investments Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Seaforth Properties Limited
Corporate parent · holds 25-50% shares
significant stake
SEAFORTH CRAIL LIMITED
This company · SC274869

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ashleybank Investments Limited
Corporate entity
2550%
25-50% shares18/10/2016
Seaforth Properties Limited
Corporate entity
2550%
25-50% shares18/10/2016

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 →

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🔒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
Incorporated2004-10-18
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Ashley Bank House
High Street
Langholm
Dumfriesshire
DG13 0AN

Filing status

Accounts
Next due:
Last made up to: 2017-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

ELLIOT, John Johnstone
secretary · appointed 2011-10-18
View their other companies + combined net worth →
Active
ELLIOT, John Johnstone
director · ~79y · appointed 2005-02-25
View their other companies + combined net worth →
Active
MACKIE, John
director · ~78y · appointed 2004-12-23
View their other companies + combined net worth →
Active
NEEDHAM, Douglas Wilson
director · ~78y · appointed 2005-02-25
View their other companies + combined net worth →
Active
MCCULLOCH, Colin John
secretary · appointed 2004-12-23 · resigned 2011-10-18
Resigned
DM COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 2004-10-18 · resigned 2004-12-23
Resigned
MCCULLOCH, Colin John
director · ~73y · appointed 2004-12-23 · resigned 2013-09-25
Resigned
DM DIRECTOR LIMITED
corporate-nominee-director · appointed 2004-10-18 · resigned 2004-12-23
Resigned

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

Mortgages & charges

10
Total charges
10
Outstanding
6
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property11/03/2005
outstanding
Ashleybank Investments
Ashleybank Investments Limited
Standard security1 property04/03/2005
outstanding
Corrieben
Corrieben Limited
Standard security1 property04/03/2005
outstanding
Holland Park Homes
Holland Park Homes Limited
Standard security1 property04/03/2005
outstanding
David John Hume
Standard security1 property04/03/2005
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/03/2005
outstanding
Corrieben
Corrieben Limited
Bond & floating charge1 property25/02/2005
outstanding
Ashleybank Investments
Ashleybank Investments Limited
Bond & floating charge1 property25/02/2005
outstanding
David John Hume
Bond & floating charge1 property25/02/2005
outstanding
Seaforth Properties
Seaforth Properties Limited
Bond & floating charge1 property25/02/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-09-26
gazette-notice-voluntary
gazette · GAZ1(A)
2017-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-03
dissolution-application-strike-off-company
dissolution · DS01
2017-06-29
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2016-10-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-10-10
termination-director-company-with-name
officers · TM01
2013-09-25
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-11-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-02