RIGBLAST LIMITED
⚰️Wound downdissolved
SC058683 · ltd · incorporated 1975-09-30
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
63/100
Worth a look
What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 68). 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 (65/100).
Data confidence
Overall: low (50/100)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
12 officers (3 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
13 connected companies via shared directors
84
Filing history
5 filings
60
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
80
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 (25 events)Click to expand
- 2023-10-17📄gazette-dissolved-compulsorygazette · GAZ2
- 2023-10-17🏁Company dissolved
- 2023-08-01📄gazette-notice-compulsorygazette · GAZ1
- 2021-08-10📄court-ordermiscellaneous · OC-DV
- 2002-08-31➖CLARK, Alexander resigneddirector
- 2000-12-31➕FORBES, Robert Gordon appointedsecretary
- 2000-12-31➕BRUCE, Andrew appointeddirector
- 2000-12-31➕FORBES, Robert Gordon appointeddirector
- 2000-12-31➖BAIN, John Logie Cameron resignedsecretary
- 2000-12-31➖BAIN, John Logie Cameron resigneddirector
- 1999-02-01➕BAIN, John Logie Cameron appointedsecretary
- 1999-02-01➖LEDINGHAM CHALMERS resignedcorporate-secretary
- 1996-03-14➖CHISHOLM, Bruce resignedsecretary
- 1996-03-14➕LEDINGHAM CHALMERS appointedcorporate-secretary
- 1996-03-14➕BAIN, John Logie Cameron appointeddirector
- 1996-03-14➖CHISHOLM, Bruce resigneddirector
- 1996-03-14➕CLARK, Alexander appointeddirector
- 1996-03-14➖RAY, John William resigneddirector
- 1995-01-01📄selection-of-documents-registered-before-January-1995historical · PRE95
- 1992-10-09➕CHISHOLM, Bruce appointeddirector
- 1992-08-31➖DRUMMOND, Robert Sommerville resigneddirector
- 1990-06-12➖POYNTON, William resigneddirector
- 1989-04-10➕DRUMMOND, Robert Sommerville appointeddirector
- 1987-01-01📄selection-of-documents-registered-before-January-1987historical · PRE87
- 1975-09-30🏢Company incorporatedAs RIGBLAST LIMITED
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 51 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 2023-10-17
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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.
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See pricing →Company details
Statusdissolved
Typeltd
Incorporated1975-09-30
Jurisdictionscotland
Primary SIC7499 — SIC 7499
Registered office
Norfolk House
Pitmedden Road
Dyce
Aberdeen
AB2 0DP
Filing status
Accounts
Next due: —
Last made up to: 2001-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
FORBES, Robert Gordon→
Activesecretary · appointed 2000-12-31
View their other companies + combined net worth →
BRUCE, Andrew→
Activedirector · ~68y · appointed 2000-12-31
View their other companies + combined net worth →
FORBES, Robert Gordon→
Activedirector · ~67y · appointed 2000-12-31
View their other companies + combined net worth →
BAIN, John Logie Cameron→
Resignedsecretary · appointed 1999-02-01 · resigned 2000-12-31
CHISHOLM, Bruce→
Resignedsecretary · resigned 1996-03-14
LEDINGHAM CHALMERS→
Resignedcorporate-secretary · appointed 1996-03-14 · resigned 1999-02-01
BAIN, John Logie Cameron→
Resigneddirector · ~71y · appointed 1996-03-14 · resigned 2000-12-31
CHISHOLM, Bruce→
Resigneddirector · ~74y · appointed 1992-10-09 · resigned 1996-03-14
CLARK, Alexander→
Resigneddirector · ~76y · appointed 1996-03-14 · resigned 2002-08-31
DRUMMOND, Robert Sommerville→
Resigneddirector · ~71y · appointed 1989-04-10 · resigned 1992-08-31
POYNTON, William→
Resigneddirector · ~82y · resigned 1990-06-12
RAY, John William→
Resigneddirector · ~78y · resigned 1996-03-14
Click a director name to see their full track record across all companies.
Recent filings (5 total)
gazette-dissolved-compulsory
gazette · GAZ2
2023-10-17
gazette-notice-compulsory
gazette · GAZ1
2023-08-01
court-order
miscellaneous · OC-DV
2021-08-10
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01