RIGBLAST COLD CUTTING SERVICES LIMITED
- · Oldest live charge 41.5y old — refinance window within 12 months
- 74990Non-trading company
Opportunity 62/100 (worth a look), bankability 80/100. Strong seller-intent signal (60/100, director aged 64). 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).
Refinance opportunity
2 live charges · 2 lenders · oldest 41.5y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 41.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (60 events)Click to expand
- 2014-09-09📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-09-09🏁Company dissolved
- 2014-05-20📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-05-08📄dissolution-application-strike-off-companydissolution · DS01
- 2014-04-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-02-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-19📄termination-director-company-with-nameofficers · TM01
- 2013-06-30➖WORKMAN, David Miller resigneddirector
- 2013-06-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-02-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-02-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-26📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-12-13📄miscellaneousmiscellaneous · MISC
- 2011-11-18📄miscellaneousmiscellaneous · MISC
- 2011-11-18📄auditors-resignation-companyauditors · AUD
- 2011-09-08📄appoint-person-secretary-company-with-nameofficers · AP03
- 2011-09-08📄appoint-person-director-company-with-nameofficers · AP01
- 2011-09-06📄termination-secretary-company-with-nameofficers · TM02
- 2011-08-31➕WATSON, Colin Carrick appointedsecretary
- 2011-08-31➕WATSON, Colin Carrick appointeddirector
- 2011-08-31➖GLEN, Andrew Lundie resignedsecretary
- 2011-07-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-07-06📄termination-secretary-company-with-nameofficers · TM02
- 2011-07-06📄termination-director-company-with-nameofficers · TM01
- 2011-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2011-07-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2011-07-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2011-07-04📍move-registers-to-sail-companyaddress · AD03
- 2011-07-04📍change-sail-address-companyaddress · AD02
- 2011-05-13➖CHISHOLM, Bruce resignedsecretary
- 2011-05-13➕GLEN, Andrew Lundie appointedsecretary
- 2011-05-13➖RAY, John William resigneddirector
- 2011-05-13➕WORKMAN, David Miller appointeddirector
- 2007-07-12🔓Charge satisfied #2
- 2005-09-09➖ELLIS, Richard John Muir resigneddirector
- 2003-10-21➖BRUCE, Andrew resigneddirector
- 2003-09-16➕ELLIS, Richard John Muir appointeddirector
- 2003-09-16➕RAY, John William appointeddirector
- 2003-05-21➕CHISHOLM, Bruce appointedsecretary
- 2003-05-21➖FORBES, Robert Gordon resignedsecretary
- 2003-05-21➖FORBES, Robert Gordon resigneddirector
- 2002-08-31➖CLARK, Alexander resigneddirector
- 2000-12-31➖BAIN, John Logie Cameron resignedsecretary
- 2000-12-31➕FORBES, Robert Gordon appointedsecretary
- 2000-12-31➖BAIN, John Logie Cameron resigneddirector
- 2000-12-31➕BRUCE, Andrew appointeddirector
- 2000-12-31➕FORBES, Robert Gordon appointeddirector
- 1999-03-30🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1999-02-01➕BAIN, John Logie Cameron appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 64. 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 42 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-09-09
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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.
See pricing →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
Registered office
Filing status
Officers (0 active · 15 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 30/03/1999 | 12/07/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 08/10/1984 | 17/09/1991 |