STEWART'S (LEITH) HOLDINGS LIMITED
⚰️Wound downdissolved
SC024642 · ltd · incorporated 1946-10-15
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 43.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
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 63/100 (worth a look), bankability 80/100. Strong seller-intent signal (73/100, director aged 77). 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 43.8y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 43.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 5 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
97 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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (47 events)Click to expand
- 2014-02-21📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-02-21🏁Company dissolved
- 2013-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-11-18➖RICHARDS, John Steel resigneddirector
- 2013-11-01📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-10-18📄dissolution-application-strike-off-companydissolution · DS01
- 2013-08-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-07-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-12📄change-person-director-company-with-change-dateofficers · CH01
- 2012-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-07-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-06-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-05-16➖SMYTH, Pamela June resignedsecretary
- 2011-09-28📄change-person-director-company-with-change-dateofficers · CH01
- 2011-09-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2011-07-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-07-01➕HAGGERTY, Euan James Edward appointeddirector
- 2011-06-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-06-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2010-05-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-07-08📄legacyannual-return · 363a
- 2009-05-11📄accounts-with-made-up-dateaccounts · AA
- 2008-10-21📄accounts-with-made-up-dateaccounts · AA
- 2008-07-07📄legacyannual-return · 363a
- 2007-08-01📄accounts-with-made-up-dateaccounts · AA
- 2007-06-28📄legacyannual-return · 363a
- 2006-07-12📄accounts-with-made-up-dateaccounts · AA
- 2002-08-30➖MACKINNON, Iain Lachlan resignedsecretary
- 2002-08-30➕SMYTH, Pamela June appointedsecretary
- 2002-01-21➖DONALDSON, Euan James resignedsecretary
- 2002-01-21➕MACKINNON, Iain Lachlan appointedsecretary
- 1999-07-01➖MILLER, James resigneddirector
- 1999-07-01➕RICHARDS, John Steel appointeddirector
- 1994-12-01➕DONALDSON, Euan James appointedsecretary
- 1994-11-30➖LAWSON, Gordon Kenneth resignedsecretary
- 1994-04-29➕MILLER, James appointeddirector
- 1994-04-29➖SCOTT, Graeme Ronald Crawford resigneddirector
- 1990-06-08➖BRAND, William Joseph resigneddirector
- 1989-11-01➖BRAND, William Joseph resignedsecretary
- 1989-11-01➕LAWSON, Gordon Kenneth appointedsecretary
- 1987-06-25🔓Charge satisfied #1
- 1986-01-09🔓Charge satisfied #2
- 1984-04-12🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1982-06-17🔒Charge registered #1Lender: The Provident Bank of Scotland Limited
- 1946-10-15🏢Company incorporatedAs STEWART'S (LEITH) HOLDINGS LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 77 — succession pressure is live.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 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 80 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-02-21
🔒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 →Similar companies
Active · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A. SANDERSON ELECTRICAL LTD.→ SC321000 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| AMRO DEVELOPMENT LIMITED→ SC539309 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AMRR LTD→ SC730130 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AND CONNECT ELECTRICAL LIMITED→ SC550640 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AOP ASSOCIATES LTD→ SC615117 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APEX FIRE & SECURITY LIMITED→ SC350599 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AQUARIUS THERMAL SYSTEMS LTD→ SC313788 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AR PLANNING SOLUTIONS LTD→ SC425529 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AR SGP LIMITED→ SC649090 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARCHITECTURAL COLOUR COATINGS LTD→ SC301099 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ARCHITECTURAL DESIGN PAISLEY LIMITED→ SC780678 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARDEN DEVELOPMENTS (SCOTLAND) LIMITED→ SC731233 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Statusdissolved
Typeltd
Incorporated1946-10-15
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: 2012-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
HAGGERTY, Euan James Edward→
Activedirector · ~49y · appointed 2011-07-01
View their other companies + combined net worth →
Active
BRAND, William Joseph→
Resignedsecretary · resigned 1989-11-01
DONALDSON, Euan James→
Resignedsecretary · appointed 1994-12-01 · resigned 2002-01-21
LAWSON, Gordon Kenneth→
Resignedsecretary · appointed 1989-11-01 · resigned 1994-11-30
MACKINNON, Iain Lachlan→
Resignedsecretary · appointed 2002-01-21 · resigned 2002-08-30
SMYTH, Pamela June→
Resignedsecretary · appointed 2002-08-30 · resigned 2012-05-16
BRAND, William Joseph→
Resigneddirector · resigned 1990-06-08
MILLER, James→
Resigneddirector · ~92y · appointed 1994-04-29 · resigned 1999-07-01
RICHARDS, John Steel→
Resigneddirector · ~69y · appointed 1999-07-01 · resigned 2013-11-18
SCOTT, Graeme Ronald Crawford→
Resigneddirector · ~86y · resigned 1994-04-29
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/04/1984 | 09/01/1986 | |
| satisfied | Lloyds Banking Group The Provident Bank of Scotland Limited | Standard security | 1 property | 17/06/1982 | 25/06/1987 |
Recent filings (97 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-02-21
termination-director-company-with-name-termination-date
officers · TM01
2013-12-23
gazette-notice-voluntary
gazette · GAZ1(A)
2013-11-01
dissolution-application-strike-off-company
dissolution · DS01
2013-10-18
accounts-with-accounts-type-dormant
accounts · AA
2013-08-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-17
change-person-director-company-with-change-date
officers · CH01
2013-07-12
accounts-with-accounts-type-dormant
accounts · AA
2012-07-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-02
termination-secretary-company-with-name-termination-date
officers · TM02
2012-06-26
change-person-director-company-with-change-date
officers · CH01
2011-09-28
appoint-person-director-company-with-name-date
officers · AP01
2011-09-07
accounts-with-accounts-type-dormant
accounts · AA
2011-07-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-27
change-person-secretary-company-with-change-date
officers · CH03
2011-06-23