MUNROE HOLDINGS LIMITED

⚰️Wound downdissolved
SC412598 · ltd · incorporated 2011-12-05
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.2y old — refinance window within 12 months
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
44/100
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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 44/100 (watch), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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: strategic trade sale (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 14.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 14.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (46/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
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 (59 events)Click to expand
  1. 2020-05-26
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2020-05-26
    🏁
    Company dissolved
  3. 2020-02-26
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting-scotland
    insolvency · LIQ13(Scot)
  4. 2017-11-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2017-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2017-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2017-11-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2017-11-06
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2017-11-01
    ➕
    CARRUTHERS, Michael Norman appointed
    director
  10. 2017-11-01
    ➖
    JACKSON, Julie Mansfield resigned
    secretary
  11. 2017-11-01
    ➖
    ENDSOR, Christopher John resigned
    director
  12. 2017-11-01
    ➖
    MURDOCH, Ian resigned
    director
  13. 2017-10-16
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  14. 2017-10-16
    ⚠️
    legacy
    insolvency · CAP-SS
  15. 2017-10-16
    📄
    legacy
    capital · SH20
  16. 2017-10-16
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2017-10-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  18. 2017-07-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2016-08-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2016-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2016-04-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2016-04-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2016-04-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  24. 2016-04-01
    ➕
    JACKSON, Julie Mansfield appointed
    secretary
  25. 2016-04-01
    ➕
    MURDOCH, Ian appointed
    director
  26. 2016-03-31
    ➖
    DUFFIELD, Sheelagh Jane resigned
    secretary
  27. 2016-03-31
    ➖
    BORLAND, Donald William resigned
    director
  28. 2015-12-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2015-07-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  30. 2015-07-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  31. 2015-07-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  32. 2015-07-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  33. 2015-07-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  34. 2015-07-06
    🔓
    Charge satisfied #5
  35. 2015-07-06
    🔓
    Charge satisfied #4
  36. 2015-07-06
    🔓
    Charge satisfied #3
  37. 2015-07-06
    🔓
    Charge satisfied #2
  38. 2015-07-06
    🔓
    Charge satisfied #1
  39. 2015-03-31
    ➖
    MILLER, Keith Manson resigned
    director
  40. 2015-03-10
    ➕
    ENDSOR, Christopher John appointed
    director
  41. 2015-01-21
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
  42. 2014-12-22
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
  43. 2014-12-04
    ➖
    HODSDEN, Richard David resigned
    director
  44. 2014-11-24
    ➕
    BORLAND, Donald William appointed
    director
  45. 2013-11-21
    ➕
    HODSDEN, Richard David appointed
    director
  46. 2013-11-18
    ➖
    RICHARDS, John Steel resigned
    director
  47. 2012-05-16
    ➕
    DUFFIELD, Sheelagh Jane appointed
    secretary
  48. 2012-05-16
    ➖
    SMYTH, Pamela June resigned
    secretary
  49. 2012-02-29
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  50. 2012-02-29
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 59 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

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

Red flags

2 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2020-05-26

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-05-26: gazette-dissolved-liquidation; 2020-02-26: liquidation-voluntary-members-return-of-final-meeting-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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 →
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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
Incorporated2011-12-05
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Miller House 2 Lochside View
Edinburgh Park
Edinburgh
EH12 9DH

Filing status

Accounts
Next due: —
Last made up to: 2016-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 11 resigned)

CARRUTHERS, Michael Norman→
director · ~46y · appointed 2017-11-01
View their other companies + combined net worth →
Active
DUFFIELD, Sheelagh Jane→
secretary · appointed 2012-05-16 · resigned 2016-03-31
Resigned
JACKSON, Julie Mansfield→
secretary · appointed 2016-04-01 · resigned 2017-11-01
Resigned
SMYTH, Pamela June→
secretary · appointed 2012-01-19 · resigned 2012-05-16
Resigned
DM COMPANY SERVICES LIMITED→
corporate-secretary · appointed 2011-12-05 · resigned 2012-01-19
Resigned
BORLAND, Donald William→
director · ~60y · appointed 2014-11-24 · resigned 2016-03-31
Resigned
ENDSOR, Christopher John→
director · ~65y · appointed 2015-03-10 · resigned 2017-11-01
Resigned
GILCHRIST, Ewan Caldwell→
director · ~57y · appointed 2011-12-05 · resigned 2012-01-19
Resigned
HODSDEN, Richard David→
director · ~60y · appointed 2013-11-21 · resigned 2014-12-04
Resigned
MILLER, Keith Manson→
director · ~77y · appointed 2012-01-19 · resigned 2015-03-31
Resigned
MURDOCH, Ian→
director · ~56y · appointed 2016-04-01 · resigned 2017-11-01
Resigned
RICHARDS, John Steel→
director · ~69y · appointed 2012-01-19 · resigned 2013-11-18
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge—21/01/201506/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge—22/12/201406/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property29/02/201206/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property29/02/201206/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Share pledge1 property29/02/201206/07/2015

Recent filings (62 total)

gazette-dissolved-liquidation
gazette · GAZ2
2020-05-26
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2020-02-26
termination-secretary-company-with-name-termination-date
officers · TM02
2017-11-13
termination-director-company-with-name-termination-date
officers · TM01
2017-11-13
termination-director-company-with-name-termination-date
officers · TM01
2017-11-13
appoint-person-director-company-with-name-date
officers · AP01
2017-11-13
resolution
resolution · RESOLUTIONS
2017-11-06
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2017-10-16
legacy
insolvency · CAP-SS
2017-10-16
legacy
capital · SH20
2017-10-16
resolution
resolution · RESOLUTIONS
2017-10-16
certificate-change-of-name-company
change-of-name · CERTNM
2017-10-11
accounts-with-accounts-type-full
accounts · AA
2017-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2016-12-14
appoint-person-secretary-company-with-name-date
officers · AP03
2016-08-08