RANDS AVIATION LTD

⚰️Wound downdissolved
SC346824 · ltd · incorporated 2008-08-08
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
58/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does

Likely involved in the manufacture or maintenance of aircraft and related aerospace components (SIC 30300 covers manufacture of air and spacecraft), operating as a small Scottish aviation business based in Kilmarnock before being voluntarily dissolved.

Primary activity: SIC 30300
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (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 (58/100).

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
3 officers (1 active, 3 linked, 1 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
60
Some acquirability indicators.
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 (26 events)Click to expand
  1. 2014-02-21
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2014-02-21
    🏁
    Company dissolved
  3. 2013-11-01
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2013-10-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2013-06-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2012-08-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2012-06-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2011-08-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2011-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2010-08-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2010-08-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2010-07-08
    📄
    termination-secretary-company-with-name
    officers · TM02
  13. 2010-04-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2009-11-06
    RANDS, Isabella Margaret resigned
    secretary
  15. 2009-09-07
    📄
    legacy
    annual-return · 363a
  16. 2008-11-04
    📄
    legacy
    officers · 288a
  17. 2008-10-07
    📄
    legacy
    capital · 88(2)
  18. 2008-10-07
    📄
    legacy
    officers · 288a
  19. 2008-09-19
    RANDS, Carl Philip appointed
    director
  20. 2008-09-19
    RANDS, Isabella Margaret appointed
    secretary
  21. 2008-08-27
    📄
    legacy
    capital · 88(2)
  22. 2008-08-11
    DUPORT DIRECTOR LIMITED resigned
    corporate-director
  23. 2008-08-11
    📄
    legacy
    officers · 288b
  24. 2008-08-08
    🏢
    Company incorporated
    As RANDS AVIATION LTD
  25. 2008-08-08
    DUPORT DIRECTOR LIMITED appointed
    corporate-director
  26. 2008-08-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "RANDS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2014-02-21

Similar companies

Active · Manufacturing · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VERACITY UK LIMITED
SC291812 · est 2005
£7.42M
£5.77M£9.06M
4620y8570y
CHEMTEC UK LIMITED
SC276983 · est 2004
£5.02M
£3.90M£6.13M
230021y9057y
GMSS HOLDINGS LIMITED
SC478614 · est 2014
£2.25M
£1.75M£2.75M
011y8461y
AEROFORMA TECHNOLOGIES (NORTH) LIMITED
SC123036 · est 1990
4736y8375y
ATLAS (SCOTLAND) LIMITED
SC260329 · est 2003
£583.3k22y8366y
AYRSHIRE BLINDS LIMITED
SC090647 · est 1984
£199.3k41y8381y
BOAT ELECTRICS & ELECTRONICS LIMITED
SC066331 · est 1978
£396.3k47y8360y
BRODIE ENGINEERING LIMITED
SC163999 · est 1996
960030y8360y
CAPITAL STEEL LIMITED
SC275258 · est 2004
£1.45M21y8370y
GIRARD INDUSTRIES EUROPE LIMITED
SC101084 · est 1986
£389.5k39y8373y
KENNEDYSMITH (PRESS) LIMITED
SC186009 · est 1998
720027y8366y
NPI SOLUTIONS LIMITED
SC220548 · est 2001
£1.06M24y8362y
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
Incorporated2008-08-08
Jurisdictionscotland
Primary SIC30300 — SIC 30300

Registered office

1 Seaford Street
Kilmarnock
KA1 2BZ
Uk

Filing status

Accounts
Next due:
Last made up to: 2012-08-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

RANDS, Carl Philip
director · ~44y · appointed 2008-09-19
View their other companies + combined net worth →
Active
RANDS, Isabella Margaret
secretary · appointed 2008-09-19 · resigned 2009-11-06
Resigned
DUPORT DIRECTOR LIMITED
corporate-director · appointed 2008-08-08 · resigned 2008-08-11
Resigned

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

Recent filings (19 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-02-21
gazette-notice-voluntary
gazette · GAZ1(A)
2013-11-01
dissolution-application-strike-off-company
dissolution · DS01
2013-10-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-06-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-08-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-06-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-05-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-09
change-person-director-company-with-change-date
officers · CH01
2010-08-09
termination-secretary-company-with-name
officers · TM02
2010-07-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-04-13
legacy
annual-return · 363a
2009-09-07
legacy
officers · 288a
2008-11-04
legacy
capital · 88(2)
2008-10-07