WINDHOIST LIMITED

⚰️Wound downliquidation

SC278511 · ltd · incorporated 2005-01-17

Investment thesis

Company liquidation — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

£27.58M

year to Dec 2020

Net worth

—

book net assets

Opportunity

31/100

Pass

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other specialised construction activities n.e.c.

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 31/100 (pass), bankability 12/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (80/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 20.4y

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 20.4 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 45/100 (high).

Data confidence

Overall: medium (70/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

12 officers (0 active, 12 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

83 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

31/100Pass

PassWatchWorth a lookStrongExceptional

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £11,448,012

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2020-12-31
Turnover	£27.58M
Gross profit	£-1.38M
Operating profit	£-11.11M
Profit before tax	£-11.45M
Average employees	25300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (53 events)Click to expand

2025-07-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-06
⚠️
liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland-2
insolvency · AM22(Scot)
2025-06-06
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2025-06-05
⚠️
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2025-02-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-23
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2024-10-31
⚠️
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2024-07-01
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2024-01-08
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2023-11-28
⚠️
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2023-07-05
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2023-06-12
➖
MCCARROLL, John Paul resigned
director
2023-05-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-11
➖
FENELON, Euan Tait resigned
director
2023-02-10
⚠️
liquidation-in-administration-result-creditors-decision-scotland
insolvency · AM07(Scot)
2023-01-20
⚠️
liquidation-in-administration-notice-administrators-proposals-scotland
insolvency · AM03(Scot)
2022-12-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-02
⚠️
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · AM01(Scot)
2022-11-25
➕
FENELON, Euan Tait appointed
director
2022-11-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-11-16
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-15
🔒
Charge registered #4
Lender: Star Iii General Partner LLP
2022-09-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-20
➖
LOCKHART, Euan Bruce resigned
director
2022-03-25
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-21
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2022-01-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-01-20
🔒
Charge registered #2
Lender: Capitalflow Designated Activity Company
2021-12-23
📄
accounts-with-accounts-type-full
accounts · AA
2021-05-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-05-25
🔓
Charge satisfied #1
2021-02-22
➕
MCCARROLL, John Paul appointed
director
2020-08-31
➖
MIDDLEMISS, George Richardson resigned
director
2020-02-27
➖
ADAMS, Timothy Peter Giles resigned
director
2020-02-27
➕
LOCKHART, Euan Bruce appointed
director
2020-01-07
➕
MIDDLEMISS, George Richardson appointed
director
2020-01-06
➖
MAGRAW, James Edmund Grenville resigned
director
2019-10-11
➕
MAGRAW, James Edmund Grenville appointed
director
2019-08-22
➖
MCNALLY, Hugh resigned
secretary
2019-08-22
➕
ADAMS, Timothy Peter Giles appointed
director
2019-08-22
➖
MCNALLY, Hugh resigned
director
2011-09-30
➖
MCNALLY, Cathal resigned
director
2006-05-10
➕
MCNALLY, Hugh appointed
director
2006-01-18
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Ireland
2005-01-17
🏢
Company incorporated
As WINDHOIST LIMITED
2005-01-17
➕
CORRIGAN, Orla appointed
secretary
2005-01-17
➖
CORRIGAN, Orla resigned
secretary
2005-01-17
➕
MCNALLY, Hugh appointed
secretary
2005-01-17
➕
CORRIGAN, Orla appointed
director
2005-01-17
➖
CORRIGAN, Orla resigned
director

Showing most recent 50 of 53 events

Owner dependency

50/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2022-12-31

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2023-01-31

Company in liquidation

high

Company is actively being wound up. Not a going concern.

12 insolvency-related filings on record

high

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

Evidence: 2025-06-06: liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland-2; 2025-06-06: liquidation-in-administration-progress-report-scotland

Group structure

Windhoist Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Windhoist Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

WINDHOIST LIMITED

This company · SC278511

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Windhoist Holdings Limited Corporate entity	75–100%	—	75-100% shares	17/01/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GEORGE LESLIE LIMITED→ SC251886 · est 2003	£42.07M £30.05M–£54.09M	—	—	43000	22y	87	59y
MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980	£19.04M £13.60M–£24.48M	—	—	292	45y	87	61y
SLM MACKENZIE LIMITED→ SC243618 · est 2003	£19.02M £13.59M–£24.46M	—	—	292	23y	86	63y
LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975	£11.36M £8.11M–£14.61M	—	—	540	51y	87	60y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000	£6.45M £4.61M–£8.30M	—	—	3700	26y	85	65y
A.B. 2000 LTD.→ SC155832 · est 1995	£6.43M £4.59M–£8.26M	—	—	10600	31y	84	46y
FRONT LINE CONSTRUCTION LIMITED→ SC068593 · est 1979	£3.67M £2.62M–£4.72M	—	—	106	47y	83	56y
VEITCHI INTERIORS LIMITED→ SC042401 · est 1965	£3.00M £2.15M–£3.86M	—	—	53	60y	87	61y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986	£968.2k £691.5k–£1.24M	—	—	66	39y	85	70y
INSITE CONTRACTS LIMITED→ SC162464 · est 1996	£682.9k £487.8k–£878.0k	—	—	47	30y	85	60y
TARPAVE LIMITED→ SC240089 · est 2002	£32.6k £23.3k–£41.9k	£2.30M	—	1100	23y	84	65y
A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008	—	—	£2.19M	—	17y	83	58y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

13 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

Statusliquidation

Typeltd

Incorporated2005-01-17

Jurisdictionscotland

Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

C/O Grant Thornton Uk Advisory & Tax Llp

120 Bothwell Street

Glasgow

G2 7JS

Filing status

Accounts

Next due: 2022-12-31OVERDUE

Last made up to: 2020-12-31

Confirmation statement

Next due: 2023-01-31OVERDUE

Last: 2022-01-17

Officers (0 active · 12 resigned)

CORRIGAN, Orla→

secretary · appointed 2005-01-17 · resigned 2005-01-17

Resigned

MCNALLY, Hugh→

secretary · appointed 2005-01-17 · resigned 2019-08-22

Resigned

ADAMS, Timothy Peter Giles→

director · ~61y · appointed 2019-08-22 · resigned 2020-02-27

Resigned

CORRIGAN, Orla→

director · ~50y · appointed 2005-01-17 · resigned 2005-01-17

Resigned

FENELON, Euan Tait→

director · ~53y · appointed 2022-11-25 · resigned 2023-05-11

Resigned

HANLEY, Colm→

director · ~45y · appointed 2005-01-17 · resigned 2005-01-17

Resigned

LOCKHART, Euan Bruce→

director · ~58y · appointed 2020-02-27 · resigned 2022-09-20

Resigned

MAGRAW, James Edmund Grenville→

director · ~66y · appointed 2019-10-11 · resigned 2020-01-06

Resigned

MCCARROLL, John Paul→

director · ~50y · appointed 2021-02-22 · resigned 2023-06-12

Resigned

MCNALLY, Cathal→

director · ~52y · appointed 2005-01-17 · resigned 2011-09-30

Resigned

MCNALLY, Hugh→

director · ~61y · appointed 2006-05-10 · resigned 2019-08-22

Resigned

MIDDLEMISS, George Richardson→

director · ~71y · appointed 2020-01-07 · resigned 2020-08-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Star Iii General Partner Star Iii General Partner LLP	A registered charge	—	15/11/2022	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	21/03/2022	—
outstanding	Capitalflow Designated Activity Company	A registered charge	—	20/01/2022	—
satisfied	The Governor and Company of the Bank of Ireland	Floating charge	1 property	18/01/2006	25/05/2021

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-07-22

liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland-2

insolvency · AM22(Scot)

2025-06-06

liquidation-in-administration-progress-report-scotland

insolvency · AM10(Scot)

2025-06-06

liquidation-in-administration-extension-of-period-scotland

insolvency · AM19(Scot)

2025-06-05

termination-director-company-with-name-termination-date

officers · TM01

2025-02-10

liquidation-in-administration-progress-report-scotland

insolvency · AM10(Scot)

2024-12-23

liquidation-in-administration-extension-of-period-scotland

insolvency · AM19(Scot)

2024-10-31

liquidation-in-administration-progress-report-scotland

insolvency · AM10(Scot)

2024-07-01

liquidation-in-administration-progress-report-scotland

insolvency · AM10(Scot)

2024-01-08

liquidation-in-administration-extension-of-period-scotland

insolvency · AM19(Scot)

2023-11-28

liquidation-in-administration-progress-report-scotland

insolvency · AM10(Scot)

2023-07-05

termination-director-company-with-name-termination-date

officers · TM01

2023-05-30

liquidation-in-administration-result-creditors-decision-scotland

insolvency · AM07(Scot)

2023-02-10

liquidation-in-administration-notice-administrators-proposals-scotland

insolvency · AM03(Scot)

2023-01-20

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-12-05