WELLSGREEN DEVELOPMENTS LTD.
⚰️Wound downdissolved
SC337913 · ltd · incorporated 2008-02-15
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
63/100
Worth a look
What this business does
Primary activity: SIC 9272
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 76). Share purchase looks the cleaner deal structure. 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 (65/100).
Data confidence
Overall: low (45/100)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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (23 events)Click to expand
- 2010-10-08📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-10-08🏁Company dissolved
- 2010-06-18📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-06-03📄dissolution-application-strike-off-companydissolution · DS01
- 2010-05-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-02-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2009-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-02-20📄legacyannual-return · 363a
- 2008-03-27📄legacyofficers · 288a
- 2008-03-27📄legacyofficers · 288a
- 2008-02-19📄legacyofficers · 288b
- 2008-02-19📄legacyofficers · 288b
- 2008-02-15🏢Company incorporatedAs WELLSGREEN DEVELOPMENTS LTD.
- 2008-02-15➕WHITEFORD, Elspet Jane appointedsecretary
- 2008-02-15➕WHITEFORD, Elspet Jane appointeddirector
- 2008-02-15➕WHITEFORD, William Stewart appointeddirector
- 2008-02-15➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2008-02-15➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2008-02-15➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2008-02-15➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2008-02-15📄incorporation-companyincorporation · NEWINC
Owner dependency
91/100
Critical — business is the founderThe 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 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
89/100
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 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-10-08
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2008-02-15
Jurisdictionscotland
Primary SIC9272 — SIC 9272
Registered office
Wellsgreen Farm
Windygates
Fife
KY8 5RU
Filing status
Accounts
Next due: —
Last made up to: 2010-02-28
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
WHITEFORD, Elspet Jane→
Activesecretary · appointed 2008-02-15
View their other companies + combined net worth →
WHITEFORD, Elspet Jane→
Activedirector · ~71y · appointed 2008-02-15
View their other companies + combined net worth →
WHITEFORD, William Stewart→
Activedirector · ~76y · appointed 2008-02-15
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2008-02-15 · resigned 2008-02-15
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2008-02-15 · resigned 2008-02-15
Click a director name to see their full track record across all companies.
Recent filings (14 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-10-08
gazette-notice-voluntary
gazette · GAZ1(A)
2010-06-18
dissolution-application-strike-off-company
dissolution · DS01
2010-06-03
accounts-with-accounts-type-dormant
accounts · AA
2010-05-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-16
change-person-director-company-with-change-date
officers · CH01
2010-02-16
change-person-director-company-with-change-date
officers · CH01
2010-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-04-29
legacy
annual-return · 363a
2009-02-20
legacy
officers · 288a
2008-03-27
legacy
officers · 288a
2008-03-27
legacy
officers · 288b
2008-02-19
legacy
officers · 288b
2008-02-19
incorporation-company
incorporation · NEWINC
2008-02-15