D.A.G. KYNOCH LIMITED
⚰️Wound downdissolved
SC091063 · ltd · incorporated 1984-12-24
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 39.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: SIC 5113
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (88/100, director aged 70). Asset purchase likely safer than share purchase given structural signals. 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: strategic trade sale (53/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 39.0y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 39.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
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 (52 events)Click to expand
- 2010-08-07⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-08-07🏁Company dissolved
- 2010-05-07⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2009-10-29📄resolutionresolution · RESOLUTIONS
- 2009-09-08📄legacyofficers · 288c
- 2009-06-08📄legacymortgage · 419a(Scot)
- 2009-06-06🔓Charge satisfied #5
- 2009-03-04📄legacyannual-return · 363a
- 2009-02-26📄legacyofficers · 288a
- 2009-02-25📄legacyofficers · 288b
- 2009-02-24➕LAMBERT, Thierry appointeddirector
- 2009-02-24➖LAZARD, Roland, Mr. resigneddirector
- 2008-10-09📄accounts-with-made-up-dateaccounts · AA
- 2008-03-05📄legacyannual-return · 363a
- 2008-01-08📄legacyofficers · 288c
- 2008-01-03📄legacyofficers · 288c
- 2007-08-06📄accounts-with-made-up-dateaccounts · AA
- 2007-03-08📄legacyannual-return · 363a
- 2006-11-22📄legacyofficers · 288b
- 2006-11-22📄legacyofficers · 288b
- 2006-11-20📄legacyofficers · 288a
- 2006-11-20📄legacyofficers · 288a
- 2006-11-02📄legacyofficers · 288b
- 2006-11-01➕OXENHAM, Alun Roy appointeddirector
- 2006-11-01➖HINDLE, Peter resigneddirector
- 2006-11-01➖KENWARD, Christopher Gabriel resigneddirector
- 2006-11-01➖KYNOCH, Brian Douglas resigneddirector
- 2006-11-01➕LAZARD, Roland, Mr. appointeddirector
- 2006-09-28📄accounts-with-made-up-dateaccounts · AA
- 2006-03-02📄legacyannual-return · 363a
- 2006-01-12📄legacyofficers · 288c
- 2005-11-15📄accounts-with-accounts-type-fullaccounts · AA
- 2005-09-22📄legacymortgage · 419a(Scot)
- 2005-09-22🔓Charge satisfied #2
- 2005-04-21📄legacyannual-return · 363a
- 2003-03-04🔓Charge satisfied #1
- 2003-01-07➖WALLS, Sheila Margaret Jane resignedsecretary
- 2003-01-07➕HINDLE, Peter appointeddirector
- 2003-01-07➕KENWARD, Christopher Gabriel appointeddirector
- 2003-01-07➖WALLS, Sheila Margaret Jane resigneddirector
- 2003-01-06➕OXENHAM, Alun Roy appointedsecretary
- 2001-06-13🔒Charge registered #5Lender: Orkney Islands Council
- 1998-03-31➖SHEARER, Patricia Grace resignedsecretary
- 1998-03-31➕WALLS, Sheila Margaret Jane appointedsecretary
- 1998-03-31➖SHEARER, Patricia Grace resigneddirector
- 1993-01-20🔓Charge satisfied #4
- 1992-03-06➕WALLS, Sheila Margaret Jane appointeddirector
- 1991-11-16➖KYNOCH, Dudley Albert Gordon resigneddirector
- 1988-05-09🔒Charge registered #4Lender: Orkney Islands Council
- 1988-04-28🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 52 events
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 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — 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 70 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 19 years.
- secondaryStable-but-static management: Company is 41 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-08-07
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-08-07: gazette-dissolved-liquidation; 2010-05-07: liquidation-voluntary-return-of-final-meeting-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Transport & logistics · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D STEVEN & SON→ SC174715 · est 1997 · no financials extracted | — | — | — | — | 29y | 82 | 69y |
| A9SHARE LIMITED→ SC874656 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| E-TOUR ORKNEY LTD→ SC839838 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| G B & L MACKAY LTD→ SC808045 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND CHILLED LTD→ SC783783 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HIGHLANDS & ISLANDS SUSTAINABLE AVIATION LIMITED→ SC784461 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| JOHN O'GROATS FERRIES TRANSPORT LTD→ SC629276 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| MCADIE & REEVE LIMITED→ SC320832 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| MCGREGOR TRANSPORT & STRATEGY SOLUTIONS LTD→ SC441847 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MEIKLEJOHNS TAXIS LIMITED→ SC439983 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| NORTHERLY MARINE SERVICES LTD→ SC563688 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ON POINT OFFSHORE LTD→ SC845458 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated1984-12-24
Jurisdictionscotland
Primary SIC5113 — SIC 5113
Registered office
Scotts Road
Hatston Industrial Estate
Kirkwall
Orkney
KW15 1GR
Filing status
Accounts
Next due: —
Last made up to: 2007-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
Active
LAMBERT, Thierry→
Activedirector · ~56y · appointed 2009-02-24
View their other companies + combined net worth →
OXENHAM, Alun Roy→
Activedirector · ~70y · appointed 2006-11-01
View their other companies + combined net worth →
SHEARER, Patricia Grace→
Resignedsecretary · resigned 1998-03-31
WALLS, Sheila Margaret Jane→
Resignedsecretary · appointed 1998-03-31 · resigned 2003-01-07
HINDLE, Peter→
Resigneddirector · ~72y · appointed 2003-01-07 · resigned 2006-11-01
KENWARD, Christopher Gabriel→
Resigneddirector · ~69y · appointed 2003-01-07 · resigned 2006-11-01
KYNOCH, Brian Douglas→
Resigneddirector · ~65y · resigned 2006-11-01
KYNOCH, Dudley Albert Gordon→
Resigneddirector · resigned 1991-11-16
LAZARD, Roland, Mr.→
Resigneddirector · ~83y · appointed 2006-11-01 · resigned 2009-02-24
SHEARER, Patricia Grace→
Resigneddirector · ~82y · resigned 1998-03-31
WALLS, Sheila Margaret Jane→
Resigneddirector · ~79y · appointed 1992-03-06 · resigned 2003-01-07
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Orkney Islands Council | Standard security | 2 properties | 13/06/2001 | 06/06/2009 | |
| satisfied | Orkney Islands Council | Standard security | 1 property | 09/05/1988 | 20/01/1993 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 28/04/1988 | 22/09/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/04/1987 | 04/03/2003 |
Recent filings (91 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-08-07
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2010-05-07
resolution
resolution · RESOLUTIONS
2009-10-29
legacy
officers · 288c
2009-09-08
legacy
mortgage · 419a(Scot)
2009-06-08
legacy
annual-return · 363a
2009-03-04
legacy
officers · 288a
2009-02-26
legacy
officers · 288b
2009-02-25
accounts-with-made-up-date
accounts · AA
2008-10-09
legacy
annual-return · 363a
2008-03-05
legacy
officers · 288c
2008-01-08
legacy
officers · 288c
2008-01-03
accounts-with-made-up-date
accounts · AA
2007-08-06
legacy
annual-return · 363a
2007-03-08
legacy
officers · 288b
2006-11-22