CHANGE MEADOWBANK LTD.
⚰️Wound downdissolved
SC276868 · ltd · incorporated 2004-12-02
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
61/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 4 lenders · oldest 20.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 20.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
77 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 (52 events)Click to expand
- 2018-05-29📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-05-29🏁Company dissolved
- 2018-03-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-03-01📄dissolution-application-strike-off-companydissolution · DS01
- 2017-12-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2017-11-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-21📄gazette-notice-compulsorygazette · GAZ1
- 2016-08-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-01-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2014-12-31➕HILDITCH, John appointedsecretary
- 2014-12-31➖NEEDHAM, Douglas Wilson resignedsecretary
- 2014-08-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-12-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-04-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2013-04-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-05📄gazette-notice-compulsarygazette · GAZ1
- 2012-09-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2012-03-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-12-14📄change-person-secretary-company-with-change-dateofficers · CH03
- 2011-12-14📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-08➕IRVING, Carol Linda appointeddirector
- 2010-03-08➖FAIRGRIEVE, Scott resigneddirector
- 2010-03-08➖MCCABE, Kevin Timbrell resigneddirector
- 2009-09-24🔓Charge satisfied #1
- 2006-12-01➖FAIRGRIEVE, Denise Helen resigneddirector
- 2006-12-01➕FAIRGRIEVE, Scott appointeddirector
- 2006-01-01➖BRODIES SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2005-06-24🔒Charge registered #8Lender: Scott Fairgrieve
- 2005-06-24🔒Charge registered #7Lender: Clydesdale Bank Public Limited Company
- 2005-06-24🔒Charge registered #6Lender: Corrieben Limited
- 2005-06-24🔒Charge registered #5Lender: Ashleybank Investments Limited
- 2005-06-15➕ELLIOT, John Johnstone appointeddirector
- 2005-06-15➕NEEDHAM, Douglas Wilson appointeddirector
- 2005-06-15➕NEEDHAM, Douglas Wilson appointedsecretary
- 2005-06-13🔒Charge registered #4Lender: Corrieben Limited
- 2005-06-13🔒Charge registered #3Lender: Scott Fairgrieve
- 2005-06-13🔒Charge registered #2Lender: Ashleybank Investments Limited
- 2005-06-08➕BRODIES SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2005-06-06🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2005-05-18➖BRODIES SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2005-05-18➕FAIRGRIEVE, Denise Helen appointeddirector
- 2005-05-18➕MCCABE, Kevin Timbrell appointeddirector
- 2005-05-18➖ATHOLL INCORPORATIONS LIMITED resignedcorporate-director
- 2004-12-02🏢Company incorporatedAs CHANGE MEADOWBANK LTD.
Showing most recent 50 of 52 events
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 candidateStrong 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 21 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 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-05-29
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Ashley Bank Investments Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Ashley Bank Investments Limited
Corporate parent · holds 25-50% shares
⬇
CHANGE MEADOWBANK LTD.
This company · SC276868
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ashley Bank Investments Limited Corporate entity | 25–50% | — | 25-50% shares | 01/07/2016 |
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 →Similar companies
Active · Other · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FARM CARBON LTD→ SC698555 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FARMING PARTNERS DALSWINTON LLP→ SO308086 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FORTH MGT LLP→ SO305509 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HASLAM-JONES MARINE CONSULTANCY LLP→ SO306363 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ISLE FUTURES→ SC226372 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| LAMBERT GILL SCOTLAND LIMITED→ SC706703 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LANGHOLM DYEING CO. LIMITED→ SC377607 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| LIMOUSIN GENETICS LIMITED→ SC588095 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| LITTLE LOCHANS FARMERS→ SL002268 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| LOGAN ESTATE→ SL004098 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| M.U.A. PRIVATE LIMITED→ SC848600 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MACGREGOR FARMS→ SL000634 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
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
Incorporated2004-12-02
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Ashley Bank House
Langholm
Dumfriesshire
DG13 0AN
Filing status
Accounts
Next due: —
Last made up to: 2016-11-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
Active
ELLIOT, John Johnstone→
Activedirector · ~79y · appointed 2005-06-15
View their other companies + combined net worth →
IRVING, Carol Linda→
Activedirector · ~52y · appointed 2010-03-08
View their other companies + combined net worth →
NEEDHAM, Douglas Wilson→
Activedirector · ~78y · appointed 2005-06-15
View their other companies + combined net worth →
NEEDHAM, Douglas Wilson→
Resignedsecretary · appointed 2005-06-15 · resigned 2014-12-31
BRODIES SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2005-06-08 · resigned 2006-01-01
BRODIES SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2004-12-02 · resigned 2005-05-18
FAIRGRIEVE, Denise Helen→
Resigneddirector · ~58y · appointed 2005-05-18 · resigned 2006-12-01
FAIRGRIEVE, Scott→
Resigneddirector · ~58y · appointed 2006-12-01 · resigned 2010-03-08
MCCABE, Kevin Timbrell→
Resigneddirector · ~63y · appointed 2005-05-18 · resigned 2010-03-08
ATHOLL INCORPORATIONS LIMITED→
Resignedcorporate-director · appointed 2004-12-02 · resigned 2005-05-18
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
7
Outstanding
4
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Scott Fairgrieve | Standard security | 1 property | 24/06/2005 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/06/2005 | — | |
| outstanding | Corrieben Corrieben Limited | Standard security | 1 property | 24/06/2005 | — | |
| outstanding | Ashleybank Investments Ashleybank Investments Limited | Standard security | 1 property | 24/06/2005 | — | |
| outstanding | Corrieben Corrieben Limited | Floating charge | 1 property | 13/06/2005 | — | |
| outstanding | Scott Fairgrieve | Floating charge | 1 property | 13/06/2005 | — | |
| outstanding | Ashleybank Investments Ashleybank Investments Limited | Floating charge | 1 property | 13/06/2005 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 06/06/2005 | 24/09/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-05-29
gazette-notice-voluntary
gazette · GAZ1(A)
2018-03-13
dissolution-application-strike-off-company
dissolution · DS01
2018-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-31
gazette-filings-brought-up-to-date
gazette · DISS40
2017-12-02
accounts-with-accounts-type-dormant
accounts · AA
2017-11-30
gazette-notice-compulsory
gazette · GAZ1
2017-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-26
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-27
appoint-person-secretary-company-with-name-date
officers · AP03
2015-01-27
termination-secretary-company-with-name-termination-date
officers · TM02
2015-01-27
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-30