SUGARHOUSE DEVELOPMENTS LIMITED

⚰️Wound downdissolved
SC385030 · ltd · incorporated 2010-09-08
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
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 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 69). 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 (73/100).

Data confidence

Overall: low (49/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
21 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 (26 events)Click to expand
  1. 2015-07-10
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2015-07-10
    🏁
    Company dissolved
  3. 2015-03-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2014-11-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2014-11-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2013-12-06
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2013-09-27
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  8. 2012-10-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2012-10-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2012-09-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2012-09-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2012-09-14
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  13. 2012-09-14
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  14. 2012-09-07
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  15. 2012-05-30
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  16. 2011-09-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-03-10
    📄
    appoint-person-director-company-with-name
    officers · AP01
  18. 2011-03-10
    📄
    termination-director-company-with-name
    officers · TM01
  19. 2011-03-10
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  20. 2011-03-01
    ➕
    BOWMAN, Sue appointed
    director
  21. 2011-03-01
    ➖
    PENMAN, Kevin Mark resigned
    director
  22. 2010-10-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  23. 2010-10-18
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2010-09-08
    🏢
    Company incorporated
    As SUGARHOUSE DEVELOPMENTS LIMITED
  25. 2010-09-08
    ➕
    PENMAN, Kevin Mark appointed
    director
  26. 2010-09-08
    📄
    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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 16 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 2015-07-10

🔒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

9 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.

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Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2010-09-08
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

63 Stirling Street
Galashiels
Selkirkshire
TD1 1BY

Filing status

Accounts
Next due: —
Last made up to: 2011-09-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 1 resigned)

BOWMAN, Sue→
director · ~69y · appointed 2011-03-01
View their other companies + combined net worth →
Active
PENMAN, Kevin Mark→
director · ~55y · appointed 2010-09-08 · resigned 2011-03-01
Resigned

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

Recent filings (21 total)

gazette-dissolved-compulsory
gazette · GAZ2
2015-07-10
gazette-notice-compulsory
gazette · GAZ1
2015-03-20
gazette-filings-brought-up-to-date
gazette · DISS40
2014-11-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-20
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2013-12-06
gazette-notice-compulsary
gazette · GAZ1
2013-09-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-10-02
change-person-director-company-with-change-date
officers · CH01
2012-10-02
gazette-filings-brought-up-to-date
gazette · DISS40
2012-09-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-21
change-registered-office-address-company-with-date-old-address
address · AD01
2012-09-14
change-registered-office-address-company-with-date-old-address
address · AD01
2012-09-14
gazette-notice-compulsary
gazette · GAZ1
2012-09-07
change-registered-office-address-company-with-date-old-address
address · AD01
2012-05-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-09-19