A1 KILT HIRE LIMITED

⚰️Wound downliquidation
SC423597 · ltd · incorporated 2012-05-08
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to May 2023
Net worth
book net assets
Opportunity
36/100
Watch
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 36/100 (watch), bankability 20/100. 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: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
36/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
28
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2022May 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-05-312022-05-31
Average employees29003700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (21 events)Click to expand
  1. 2025-10-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-10-08
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-08-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-07-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2025-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2022-07-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-02-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2012-05-08
    🏢
    Company incorporated
    As A1 KILT HIRE LIMITED
  18. 2012-05-08
    DALRYMPLE, David appointed
    director
  19. 2012-05-08
    DALRYMPLE, Michael appointed
    director
  20. 2012-05-08
    MABBOTT, Stephen George appointed
    director
  21. 2012-05-08
    MABBOTT, Stephen George resigned
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

44/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

3 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-05-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-22

Company in liquidation
high

Company is actively being wound up. Not a going concern.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Dalrymple
Individual · British · DOB 12/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting08/05/2017
Mr Michael Dalrymple
Individual · British · DOB 08/1981 · age 45
2550%
25–50%25-50% shares · 25-50% voting08/05/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

11 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

Statusliquidation
Typeltd
Incorporated2012-05-08
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

Begbies Traynor Suite 10 4f
5 West Victoria Dock Road
Dundee
DD1 3JT

Filing status

Accounts
Next due: 2025-05-31OVERDUE
Last made up to: 2023-05-31
Confirmation statement
Next due: 2026-05-22OVERDUE
Last: 2025-05-08

Officers (2 active · 1 resigned)

DALRYMPLE, David
director · ~49y · appointed 2012-05-08
View their other companies + combined net worth →
Active
DALRYMPLE, Michael
director · ~45y · appointed 2012-05-08
View their other companies + combined net worth →
Active
MABBOTT, Stephen George
director · ~76y · appointed 2012-05-08 · resigned 2012-05-08
Resigned

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

Recent filings (42 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-15
resolution
resolution · RESOLUTIONS
2025-10-08
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-05
gazette-notice-compulsory
gazette · GAZ1
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-29
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-28
gazette-notice-compulsory
gazette · GAZ1
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09