WHITEHURST CONTROLS LIMITED

⚰️Wound downliquidation
SC074888 · ltd · incorporated 1981-05-21
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
not disclosed
Net worth
book net assets
Opportunity
40/100
Watch
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What this business does
Primary activity: SIC 4531
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 40/100 (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.

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 38.9y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 38.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
40/100Watch
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
85
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
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 (39 events)Click to expand
  1. 1997-08-20
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  2. 1997-08-19
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  3. 1997-08-19
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  4. 1997-08-19
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  5. 1997-08-19
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  6. 1995-05-25
    📄
    miscellaneous
    miscellaneous · MISC
  7. 1995-05-25
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  8. 1995-05-19
    📄
    miscellaneous
    miscellaneous · MISC
  9. 1995-05-19
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  10. 1995-05-19
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  11. 1995-05-19
    📄
    miscellaneous
    miscellaneous · MISC
  12. 1994-10-31
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  13. 1993-06-15
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  14. 1993-06-15
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  15. 1993-06-15
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  16. 1993-05-19
    📄
    resolution
    resolution · RESOLUTIONS
  17. 1993-04-08
    📄
    legacy
    officers · 288
  18. 1993-03-30
    MCLAUGHLAN, Margaret Rita appointed
    secretary
  19. 1993-03-30
    MILLWARD, Brian John resigned
    secretary
  20. 1993-01-19
    📄
    legacy
    annual-return · 363s
  21. 1992-12-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 1992-10-14
    📄
    legacy
    officers · 288
  23. 1992-10-08
    KERR, John Frew resigned
    director
  24. 1992-05-29
    📄
    legacy
    mortgage · 410(Scot)
  25. 1992-05-27
    🔒
    Charge registered #6
    Lender: Newshott Holdings Limited
  26. 1992-03-24
    📄
    legacy
    officers · 288
  27. 1992-03-18
    CROSS, Donald James resigned
    director
  28. 1992-01-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 1992-01-04
    📄
    legacy
    annual-return · 363s
  30. 1991-10-08
    📄
    legacy
    officers · 288
  31. 1991-08-09
    MILLWARD, Brian John appointed
    secretary
  32. 1991-08-09
    MONK, Brian Charles resigned
    secretary
  33. 1990-12-18
    LAMB, Douglas Crawford appointed
    director
  34. 1988-09-20
    🔓
    Charge satisfied #2
  35. 1988-09-20
    🔓
    Charge satisfied #1
  36. 1987-06-16
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  37. 1987-06-16
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  38. 1987-06-16
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  39. 1981-05-21
    🏢
    Company incorporated
    As WHITEHURST CONTROLS LIMITED

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 92 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 92 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
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: 1994-01-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-01-14

Company in liquidation
high

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

12 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 1997-08-20: liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland; 1997-08-19: liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland

🔒Co-director network graph

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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

12 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.

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Company details

Statusliquidation
Typeltd
Incorporated1981-05-21
Jurisdictionscotland
Primary SIC4531 — SIC 4531

Registered office

Blackhall House
Blackhall Lane
Paisley
PA1 1TA

Filing status

Accounts
Next due: 1994-01-31OVERDUE
Last made up to: 1992-03-31
Confirmation statement
Next due: 2017-01-14OVERDUE
Last:

Officers (4 active · 4 resigned)

MCLAUGHLAN, Margaret Rita
secretary · appointed 1993-03-30
View their other companies + combined net worth →
Active
GRANT, Charles
director · ~90y
View their other companies + combined net worth →
Active
LAMB, Douglas Crawford
director · ~83y · appointed 1990-12-18
View their other companies + combined net worth →
Active
MCCUTCHEON, John Ernest
director · ~92y
View their other companies + combined net worth →
Active
MILLWARD, Brian John
secretary · appointed 1991-08-09 · resigned 1993-03-30
Resigned
MONK, Brian Charles
secretary · resigned 1991-08-09
Resigned
CROSS, Donald James
director · ~97y · resigned 1992-03-18
Resigned
KERR, John Frew
director · ~87y · resigned 1992-10-08
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Newshott Holdings
Newshott Holdings Limited
Bond & floating charge1 property27/05/1992
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property16/06/1987
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property16/06/198720/09/1988
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property16/06/198720/09/1988
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-08-20
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-08-19
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-08-19
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-08-19
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-08-19
miscellaneous
miscellaneous · MISC
1995-05-25
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1995-05-25
miscellaneous
miscellaneous · MISC
1995-05-19
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1995-05-19
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1995-05-19
miscellaneous
miscellaneous · MISC
1995-05-19
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1994-10-31
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1993-06-15
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
1993-06-15
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
1993-06-15