SCOTTISH DEVELOPMENT FINANCE LIMITED

⚰️Wound downdissolved

SC077052 · ltd · incorporated 1981-12-23

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

57/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 67). 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: medium (57/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

33 officers (3 active, 33 linked, 29 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

135 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

57/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (78 events)Click to expand

2018-05-15
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-05-15
🏁
Company dissolved
2018-01-09
📄
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2017-12-19
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2017-12-13
📄
dissolution-application-strike-off-company
dissolution · DS01
2017-12-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-06-12
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2017-04-24
📄
legacy
capital · SH20
2017-04-24
⚠️
legacy
insolvency · CAP-SS
2017-04-24
📄
resolution
resolution · RESOLUTIONS
2016-12-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-01-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-01-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-01-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2013-01-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-12-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2012-01-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-12-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2011-02-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-17
📄
appoint-person-secretary-company-with-name
officers · AP03
2011-02-16
📄
termination-secretary-company-with-name
officers · TM02
2010-12-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2010-10-01
➕
CLARKE, Stuart Andrew appointed
secretary
2010-09-30
➖
MCMILLAN, John resigned
secretary
2008-12-01
➕
BURNS, David appointed
director
2008-12-01
➕
SCOTT, Iain appointed
director
2008-12-01
➖
DOWNIE, Andrew Millar resigned
director
2008-12-01
➖
MACINTYRE, Barry Roger resigned
director
2008-03-25
➕
DOWNIE, Andrew Millar appointed
director
2008-03-25
➖
KERR, Brian Alexander resigned
director
2008-03-25
➕
MACINTYRE, Barry Roger appointed
director
2008-03-25
➖
PATERSON, Calum Macdonald resigned
director
2001-01-16
➖
BEVERIDGE, Crawford William resigned
director
2001-01-16
➖
MACFARLANE, Marjory resigned
director
1999-01-15
➖
BRADY, Paul Anthony, Dr resigned
director
1997-02-15
➖
HOOD, Neil, Professor resigned
director
1997-02-15
➖
LAWRENCE, David Franklyn resigned
director
1996-06-06
➕
MACFARLANE, Marjory appointed
director
1996-05-28
➖
WARNOCK, David resigned
director
1996-05-24
➕
LAWRENCE, David Franklyn appointed
director
1996-05-23
➖
CRAWFORD, Robert Mackay resigned
director
1996-05-23
➖
GRIGGS, Russel George, Professor resigned
director
1996-02-26
➖
MORROW, Digby Wilson resigned
director
1995-11-30
➖
PATIENCE, Donald Macangus resigned
director
1995-01-05
➖
STEWART, Pamela Joyce resigned
director
1994-12-20
➖
WILLIAMSON, James Thomas resigned
director
1994-08-31
➕
KERR, Brian Alexander appointed
director

Showing most recent 50 of 78 events

Owner dependency

98/100

Critical — business is the founder

The 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.
+Founder name in company name: Company name contains director surname "SCOTT" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

79/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 44 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

2 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-05-15

1 insolvency-related filing on record

high

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

Evidence: 2017-04-24: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Scottish Enterprise Individual	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

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AGE CONCERN EASTWOOD→ SC189499 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
AGES LIMITED→ SC357300 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
AGF DAVIES LIMITED→ SC747437 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AGRICO TRADING LP→ SL022912 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
ALARO BUSINESS LP→ SL015052 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ALCHEMIST COMMERCIAL PROPERTY FUND LIMITED PARTNERSHIP→ SL007093 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
ALITER CAPITAL CO-INVEST LP→ SL029089 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ALPHARD ENTERPRISE LP→ SL031099 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ALTEENA TRADE GROUP LLP→ SO306426 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ALTEGO TRUCK LP→ SL013265 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ALTER SOLUTIONS LP→ SL025704 · est 2016 · no financials extracted	—	—	—	—	10y	—	—

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

🔒Tailored diligence questions

9 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

Incorporated1981-12-23

Jurisdictionscotland

Primary SIC99999 — SIC 99999

Registered office

50 Waterloo Street

Glasgow

G2 6HQ

Filing status

Accounts

Next due: —

Last made up to: 2017-03-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 30 resigned)

CLARKE, Stuart Andrew→

secretary · appointed 2010-10-01

View their other companies + combined net worth →

Active

BURNS, David→

director · ~67y · appointed 2008-12-01

View their other companies + combined net worth →

Active

SCOTT, Iain→

director · ~62y · appointed 2008-12-01

View their other companies + combined net worth →

Active

LYLE, David Angus→

secretary · appointed 1990-05-21 · resigned 1990-12-14

Resigned

MCMILLAN, John→

secretary · appointed 1990-12-14 · resigned 2010-09-30

Resigned

SINCLAIR, Donald Templeton→

secretary · resigned 1990-05-21

Resigned

BEVERIDGE, Crawford William→

director · ~81y · appointed 1991-04-01 · resigned 2001-01-16

Resigned

BRADY, Paul Anthony, Dr→

director · ~77y · appointed 1994-08-01 · resigned 1999-01-15

Resigned

BROWN, Ewan→

director · ~84y · resigned 1992-12-31

Resigned

CONDLIFFE, John→

director · ~80y · resigned 1992-11-26

Resigned

CRAWFORD, Robert Mackay→

director · ~75y · appointed 1993-03-09 · resigned 1996-05-23

Resigned

DOWNIE, Andrew Millar→

director · ~69y · appointed 2008-03-25 · resigned 2008-12-01

Resigned

GRIGGS, Russel George, Professor→

director · ~78y · appointed 1990-10-01 · resigned 1996-05-23

Resigned

HOOD, Neil, Professor→

director · ~83y · appointed 1993-04-01 · resigned 1997-02-15

Resigned

HOOD, Neil, Professor→

director · ~83y · resigned 1990-09-14

Resigned

KERR, Brian Alexander→

director · ~65y · appointed 1994-08-31 · resigned 2008-03-25

Resigned

LANGLANDS, John Thomson→

director · ~74y · appointed 1993-03-01 · resigned 1994-02-07

Resigned

LAWRENCE, David Franklyn→

director · ~90y · appointed 1996-05-24 · resigned 1997-02-15

Resigned

LYLE, David Angus→

director · ~86y · resigned 1993-05-31

Resigned

MACFARLANE, Marjory→

director · ~73y · appointed 1996-06-06 · resigned 2001-01-16

Resigned

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

Recent filings (135 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2018-05-15

dissolution-voluntary-strike-off-suspended

dissolution · SOAS(A)

2018-01-09

gazette-notice-voluntary

gazette · GAZ1(A)

2017-12-19

dissolution-application-strike-off-company

dissolution · DS01

2017-12-13

accounts-with-accounts-type-dormant

accounts · AA

2017-12-08

capital-statement-capital-company-with-date-currency-figure

capital · SH19

2017-06-12

legacy

capital · SH20

2017-04-24

legacy

insolvency · CAP-SS

2017-04-24

resolution

resolution · RESOLUTIONS

2017-04-24

confirmation-statement-with-updates

confirmation-statement · CS01

2017-02-21

accounts-with-accounts-type-dormant

accounts · AA

2016-12-29

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2016-01-19

accounts-with-accounts-type-dormant

accounts · AA

2015-12-18

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2015-01-19

accounts-with-accounts-type-dormant

accounts · AA

2014-12-29