LIVINGSTON NO 1 LIMITED

⚰️Wound downdissolved
SC312841 · ltd · incorporated 2006-11-30
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 19.5y 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 material changes in the last 90 days.

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
54/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 55/100. 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: 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 (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · oldest 19.5y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 19.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (53/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 7 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
40 connected companies via shared directors
90
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
85
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 (40 events)Click to expand
  1. 2015-03-22
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2015-03-22
    🏁
    Company dissolved
  3. 2014-12-22
    ⚠️
    liquidation-in-administration-move-to-dissolution-scotland
    insolvency · 2.26B(Scot)
  4. 2014-12-22
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  5. 2014-09-26
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  6. 2014-04-03
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  7. 2014-03-10
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  8. 2013-10-11
    ⚠️
    liquidation-administration-insufficient-property-scotland
    insolvency · 2.32B(Scot)
  9. 2013-09-30
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  10. 2013-04-02
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  11. 2013-03-06
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  12. 2012-09-18
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  13. 2012-06-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2012-05-16
    ➖
    SMYTH, Pamela June resigned
    secretary
  15. 2012-05-09
    ⚠️
    liquidation-in-administration-deemed-proposal-scotland
    insolvency · 2.16BZ(Scot)
  16. 2012-05-01
    ⚠️
    liquidation-in-administration-proposals-scotland
    insolvency · 2.16B(Scot)
  17. 2012-03-22
    ⚠️
    liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
    insolvency · 2.15B(Scot)
  18. 2012-03-16
    ⚠️
    liquidation-in-administration-appointment-of-administrator-scotland
    insolvency · 2.11B(Scot)
  19. 2012-03-08
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  20. 2012-01-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  21. 2012-01-27
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2012-01-25
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2012-01-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2011-09-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2011-09-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2011-09-02
    📄
    appoint-person-director-company-with-name
    officers · AP01
  27. 2011-07-01
    ➕
    HAGGERTY, Euan James Edward appointed
    director
  28. 2011-01-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2009-09-18
    ➖
    JACKSON, Julie Mansfield resigned
    director
  30. 2009-05-29
    ➖
    WOOD, Marlene resigned
    director
  31. 2007-08-20
    ➕
    BORLAND, Donald William appointed
    director
  32. 2007-01-17
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  33. 2007-01-16
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  34. 2006-11-30
    🏢
    Company incorporated
    As LIVINGSTON NO 1 LIMITED
  35. 2006-11-30
    ➕
    MILLER, Philip Hartley appointed
    director
  36. 2006-11-30
    ➕
    MILLOY, David Thomas appointed
    director
  37. 2006-11-30
    ➕
    SUTHERLAND, Andrew appointed
    director
  38. 2006-11-30
    ➕
    SMYTH, Pamela June appointed
    secretary
  39. 2006-11-30
    ➕
    JACKSON, Julie Mansfield appointed
    director
  40. 2006-11-30
    ➕
    WOOD, Marlene appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

83/100
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 70 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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 2015-03-22

15 insolvency-related filings on record
high

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

Evidence: 2015-03-22: gazette-dissolved-liquidation; 2014-12-22: liquidation-in-administration-move-to-dissolution-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

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.

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Company details

Statusdissolved
Typeltd
Incorporated2006-11-30
Jurisdictionscotland
Primary SIC41100 — Development of building projects

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 · 3 resigned)

BORLAND, Donald William→
director · ~60y · appointed 2007-08-20
View their other companies + combined net worth →
Active
HAGGERTY, Euan James Edward→
director · ~49y · appointed 2011-07-01
View their other companies + combined net worth →
Active
MILLER, Philip Hartley→
director · ~70y · appointed 2006-11-30
View their other companies + combined net worth →
Active
MILLOY, David Thomas→
director · ~61y · appointed 2006-11-30
View their other companies + combined net worth →
Active
SUTHERLAND, Andrew→
director · ~65y · appointed 2006-11-30
View their other companies + combined net worth →
Active
SMYTH, Pamela June→
secretary · appointed 2006-11-30 · resigned 2012-05-16
Resigned
JACKSON, Julie Mansfield→
director · ~61y · appointed 2006-11-30 · resigned 2009-09-18
Resigned
WOOD, Marlene→
director · ~64y · appointed 2006-11-30 · resigned 2009-05-29
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/01/2007—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property16/01/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

gazette-dissolved-liquidation
gazette · GAZ2
2015-03-22
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2014-12-22
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-12-22
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-09-26
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-04-03
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2014-03-10
liquidation-administration-insufficient-property-scotland
insolvency · 2.32B(Scot)
2013-10-11
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-09-30
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-04-02
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2013-03-06
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-09-18
termination-secretary-company-with-name-termination-date
officers · TM02
2012-06-26
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2012-05-09
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2012-05-01
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2012-03-22