NES PIPELINES LIMITED
⚰️Wound downdissolved
SC346446 · ltd · incorporated 2008-08-01
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.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
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
64/100
Worth a look
What this business does
Primary activity: SIC 9999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (51/100)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
10 officers (4 active, 10 linked, 3 with DOB)
76
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
16 connected companies via shared directors
90
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
85
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 (43 events)Click to expand
- 2012-03-09📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-03-09🏁Company dissolved
- 2011-11-18📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-11-04📄dissolution-application-strike-off-companydissolution · DS01
- 2011-08-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-05➕LOUDEN, Derek William appointedsecretary
- 2011-07-05➕LOUDEN, Derek William appointeddirector
- 2011-07-05➖MACDONALD, Donald resignedsecretary
- 2011-07-05📄appoint-person-director-company-with-nameofficers · AP01
- 2011-07-05📄termination-secretary-company-with-nameofficers · TM02
- 2011-07-05📄appoint-person-secretary-company-with-nameofficers · AP03
- 2011-02-02📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-02-02📄appoint-person-secretary-company-with-nameofficers · AP03
- 2011-02-02📄termination-secretary-company-with-nameofficers · TM02
- 2010-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-08-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-02➕MACDONALD, Donald appointedsecretary
- 2010-08-02➖MACKENZIE, Gloria Watt resignedsecretary
- 2010-04-14📄termination-secretary-company-with-nameofficers · TM02
- 2010-04-14📄appoint-person-secretary-company-with-nameofficers · AP03
- 2010-03-02➖BANKS, Graeme resignedsecretary
- 2010-03-02➕MACKENZIE, Gloria Watt appointedsecretary
- 2009-12-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-11-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2008-12-01📍legacyaddress · 287
- 2008-11-20📄legacyaccounts · 225
- 2008-11-10📄legacyofficers · 288a
- 2008-11-04➕BANKS, Graeme appointedsecretary
- 2008-10-21📍legacyaddress · 287
- 2008-10-21📄legacyofficers · 288b
- 2008-10-21📄legacyofficers · 288b
- 2008-10-21📄legacyofficers · 288b
- 2008-10-02📄legacyofficers · 288a
- 2008-10-02📄legacyofficers · 288a
- 2008-09-11➕MACLELLAN, Edmund Donald William appointeddirector
- 2008-09-11➕MILLS, James Ronald appointeddirector
- 2008-09-11➖HMS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2008-09-11➖HMS DIRECTORS LIMITED resignedcorporate-nominee-director
- 2008-09-11➖HMS SECRETARIES LIMITED resignedcorporate-nominee-director
- 2008-08-01🏢Company incorporatedAs NES PIPELINES LIMITED
- 2008-08-01➕HMS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2008-08-01➕HMS DIRECTORS LIMITED appointedcorporate-nominee-director
- 2008-08-01➕HMS SECRETARIES LIMITED appointedcorporate-nominee-director
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 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 92 — succession pressure is live.
Succession & seller-readiness
83/100
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 92 years old. Natural succession window is now.
- 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 2012-03-09
🔒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 · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HOLM EVANGELICAL CHURCH→ SC162650 · est 1996 | — | — | — | 10 | 30y | 83 | 80y |
| RAASAY HOUSE COMMUNITY COMPANY LIMITED→ SC200315 · est 1999 | — | — | £103.1k | — | 26y | 83 | 71y |
| CLAVIE DEVELOPMENTS LIMITED→ SC124352 · est 1990 | — | — | — | 0 | 36y | 82 | 79y |
| HIGHLAND CHRISTMAS TREES LIMITED→ SC156764 · est 1995 | — | — | — | 0 | 31y | 82 | 82y |
| HORTON INTERNATIONAL LIMITED→ SC061946 · est 1977 | — | — | — | 0 | 49y | 82 | 82y |
| THE SAFETY ASSOCIATION OF FEDERATED EMPLOYERS→ SC191840 · est 1998 | — | — | £432.4k | — | 27y | 82 | 62y |
| BAR - COM (INVERNESS) LIMITED→ SC284142 · est 2005 | — | — | £1 | — | 21y | 81 | 68y |
| BAR - TEC (SCOTLAND) LIMITED→ SC265426 · est 2004 | — | — | £1 | — | 22y | 81 | 68y |
| THE ELGIN BRIDGE CENTRE→ SC273493 · est 2004 | — | — | £196.5k | — | 21y | 81 | 80y |
| TRANSITION BLACK ISLE→ SC398650 · est 2011 · no financials extracted | — | — | — | — | 15y | 81 | 86y |
| AR DIECAST MODELS LIMITED→ SC290465 · est 2005 | — | — | — | — | 20y | 80 | 58y |
| ARDROSS COMMUNITY HALL→ SC181277 · est 1997 · no financials extracted | — | — | — | — | 28y | 80 | 65y |
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
Incorporated2008-08-01
Jurisdictionscotland
Primary SIC9999 — SIC 9999
Registered office
Coillemore
Newmore
Invergordon
Ross-Shire
IV18 0PG
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2010-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
LOUDEN, Derek William→
Activesecretary · appointed 2011-07-05
View their other companies + combined net worth →
LOUDEN, Derek William→
Activedirector · ~63y · appointed 2011-07-05
View their other companies + combined net worth →
MACLELLAN, Edmund Donald William→
Activedirector · ~69y · appointed 2008-09-11
View their other companies + combined net worth →
MILLS, James Ronald→
Activedirector · ~92y · appointed 2008-09-11
View their other companies + combined net worth →
BANKS, Graeme→
Resignedsecretary · appointed 2008-11-04 · resigned 2010-03-02
MACDONALD, Donald→
Resignedsecretary · appointed 2010-08-02 · resigned 2011-07-05
MACKENZIE, Gloria Watt→
Resignedsecretary · appointed 2010-03-02 · resigned 2010-08-02
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2008-08-01 · resigned 2008-09-11
HMS DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2008-08-01 · resigned 2008-09-11
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-director · appointed 2008-08-01 · resigned 2008-09-11
Click a director name to see their full track record across all companies.
Recent filings (27 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-03-09
gazette-notice-voluntary
gazette · GAZ1(A)
2011-11-18
dissolution-application-strike-off-company
dissolution · DS01
2011-11-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-18
appoint-person-director-company-with-name
officers · AP01
2011-07-05
termination-secretary-company-with-name
officers · TM02
2011-07-05
appoint-person-secretary-company-with-name
officers · AP03
2011-07-05
change-registered-office-address-company-with-date-old-address
address · AD01
2011-02-02
appoint-person-secretary-company-with-name
officers · AP03
2011-02-02
termination-secretary-company-with-name
officers · TM02
2011-02-02
accounts-with-accounts-type-dormant
accounts · AA
2010-12-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-26
termination-secretary-company-with-name
officers · TM02
2010-04-14
appoint-person-secretary-company-with-name
officers · AP03
2010-04-14
accounts-with-accounts-type-dormant
accounts · AA
2009-12-21