NUMAX PIPELINE CONTRACTORS LTD

⚰️Wound downdissolved
SC386193 · ltd · incorporated 2010-09-29
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
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 1120
Sector: Manufacturing
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 92). 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 (52/100)

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
13 connected companies via shared directors
84
Filing history
11 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 (19 events)Click to expand
  1. 2012-02-17
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-02-17
    🏁
    Company dissolved
  3. 2011-10-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-10-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2011-10-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2011-10-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2011-07-31
    SINCLAIR, Stuart Charles resigned
    director
  8. 2011-06-06
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  9. 2011-06-03
    📄
    appoint-person-director-company-with-name
    officers · AP01
  10. 2011-06-03
    📄
    appoint-person-director-company-with-name
    officers · AP01
  11. 2011-05-16
    MACLELLAN, Edmund Donald William appointed
    director
  12. 2011-05-16
    MILLS, James Ronald appointed
    director
  13. 2011-03-28
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2011-03-23
    📄
    termination-director-company-with-name
    officers · TM01
  15. 2011-03-21
    URQUHART, James Stevenson resigned
    director
  16. 2010-09-29
    🏢
    Company incorporated
    As NUMAX PIPELINE CONTRACTORS LTD
  17. 2010-09-29
    SINCLAIR, Stuart Charles appointed
    director
  18. 2010-09-29
    URQUHART, James Stevenson appointed
    director
  19. 2010-09-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 92 — succession pressure is live.

Succession & seller-readiness

89/100
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 92 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 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 2012-02-17

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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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
Incorporated2010-09-29
Jurisdictionscotland
Primary SIC1120 — SIC 1120

Registered office

Coillemore
Newmore
Invergordon
Ross-Shire
IV18 0PG

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

MACLELLAN, Edmund Donald William
director · ~69y · appointed 2011-05-16
View their other companies + combined net worth →
Active
MILLS, James Ronald
director · ~92y · appointed 2011-05-16
View their other companies + combined net worth →
Active
SINCLAIR, Stuart Charles
director · ~51y · appointed 2010-09-29 · resigned 2011-07-31
Resigned
URQUHART, James Stevenson
director · ~41y · appointed 2010-09-29 · resigned 2011-03-21
Resigned

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

Recent filings (11 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-02-17
gazette-notice-voluntary
gazette · GAZ1(A)
2011-10-28
dissolution-application-strike-off-company
dissolution · DS01
2011-10-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-10-06
termination-director-company-with-name-termination-date
officers · TM01
2011-10-06
change-registered-office-address-company-with-date-old-address
address · AD01
2011-06-06
appoint-person-director-company-with-name
officers · AP01
2011-06-03
appoint-person-director-company-with-name
officers · AP01
2011-06-03
resolution
resolution · RESOLUTIONS
2011-03-28
termination-director-company-with-name
officers · TM01
2011-03-23
incorporation-company
incorporation · NEWINC
2010-09-29