WATERLOO 2015 PENIELHEUGH LTD

⚰️Wound downdissolved
SC488132 · ltd · incorporated 2014-10-03
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
61/100
Worth a look
🔔
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What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 83). 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 (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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
75
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 (10 events)Click to expand
  1. 2016-08-09
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2016-08-09
    🏁
    Company dissolved
  3. 2016-05-24
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2016-05-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2015-10-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2014-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2014-10-06
    HOGG, Colin Grant Ogilvie, Lt.Col. appointed
    director
  8. 2014-10-03
    🏢
    Company incorporated
    As WATERLOO 2015 PENIELHEUGH LTD
  9. 2014-10-03
    LOTHIAN, Lord appointed
    director
  10. 2014-10-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 2016-08-09

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

Statusdissolved
Typeltd
Incorporated2014-10-03
Jurisdictionscotland
Primary SIC93290 — Other amusement and recreation activities n.e.c.

Registered office

Lothian Estates Office
Bonjedward
Jedburgh
Roxburghshire
TD8 6UF

Filing status

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

Officers (0 active · 0 resigned)

HOGG, Colin Grant Ogilvie, Lt.Col.
director · ~83y · appointed 2014-10-06
View their other companies + combined net worth →
Active
LOTHIAN, Lord
director · ~81y · appointed 2014-10-03
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-08-09
gazette-notice-voluntary
gazette · GAZ1(A)
2016-05-24
dissolution-application-strike-off-company
dissolution · DS01
2016-05-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-11
appoint-person-director-company-with-name-date
officers · AP01
2014-10-08
incorporation-company
incorporation · NEWINC
2014-10-03