DUNDEE INDUSTRIAL HERITAGE LIMITED
⚰️Wound downconverted-closed
SC093109 · converted-or-closed · incorporated 1985-05-01
Investment thesis
Company converted closed — 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
65/100
Strong
What this business does
Primary activity: Museum activities
Sector: Arts, entertainment & recreation
Investor take
PursueUnclear. Reasonable fundamentals — worth a memo before deciding.
Opportunity 65/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 32.0y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 32.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (60/100)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
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
44 officers (4 active, 44 linked, 36 with DOB)
86
Ownership & PSC
7 active PSC(s) of 21 total, 21 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
231 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red 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 (112 events)Click to expand
- 2025-02-19📄resolutionresolution · RESOLUTIONS
- 2025-02-19🏁Company dissolved
- 2024-12-11📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-01➕MCLENNAN, Norman Kenneth, Professor appointeddirector
- 2024-02-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-11📄accounts-with-accounts-type-smallaccounts · AA
- 2023-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-06➖ROBERTSON, Deirdre resigneddirector
- 2023-09-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-09-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-31➖EVANS, Mike resignedsecretary
- 2023-08-17➖BELL, Steven John Richard David resigneddirector
- 2023-08-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01➕DOUGLAS, Angus appointeddirector
- 2023-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-12➖PETTIGREW, James Neilson resigneddirector
- 2023-01-12➕EVANS, Mike appointedsecretary
- 2023-01-12➖WALLACE, William Graeme resignedsecretary
- 2023-01-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-01-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-01-09📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-29➕HENRY, David Crichton appointeddirector
- 2022-11-29➕NEVILLE, Richard Charles Martin appointeddirector
- 2022-08-18➖PRATT, Hazel Staig resigneddirector
- 2022-07-17➖POULTER, Gillian resigneddirector
- 2021-09-27➖MACPHAIL, Dennis Mckinnon resigneddirector
- 2021-05-31➕WALLACE, William Graeme appointedsecretary
- 2021-05-31➖ALLISON, Shelagh Margaret resigneddirector
- 2021-01-31➖MUNSIE, Mark George resigneddirector
- 2020-10-01➖LOTHIAN, Andrew Jonathan resigneddirector
- 2020-10-01➕PETTIGREW, James Neilson appointeddirector
- 2019-03-01➕ROBERTSON, Deirdre appointeddirector
- 2017-11-16➕BELL, Steven John Richard David appointeddirector
- 2017-11-16➕PRATT, Hazel Staig appointeddirector
- 2017-05-18➖SMITH, Merrill Carter resigneddirector
- 2017-05-17➖TURNER, Philip resignedsecretary
- 2017-05-17➖TURNER, Philip resigneddirector
- 2017-03-02➕ALLISON, Shelagh Margaret appointeddirector
- 2015-02-12➖CLARK, Richard Phillip Harley resigneddirector
Showing most recent 50 of 112 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
7 active beneficial owners · dominant holder ≥75% · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Professor Norman Kenneth Mclennan Individual · British · DOB 03/1961 · age 65 | 75–100% | — | 75-100% shares · trust interest | 01/04/2024 |
Mr Angus Douglas Individual · British · DOB 06/1970 · age 56 | 75–100% | — | 75-100% shares · trust interest | 01/08/2023 |
Mr David Crichton Henry Individual · British · DOB 11/1957 · age 69 | 75–100% | — | 75-100% shares · trust interest | 29/11/2022 |
Mr Richard Charles Martin Neville Individual · British · DOB 03/1968 · age 58 | 75–100% | — | 75-100% shares · firm interest | 29/11/2022 |
Mr William Dawson Individual · Scottish · DOB 04/1975 · age 51 | 75–100% | — | 75-100% shares · trust interest | 24/06/2019 |
Mrs Alison Neil Individual · British · DOB 01/1969 · age 57 | 75–100% | — | 75-100% shares · trust interest | 16/05/2019 |
Mr Alistair Scott Individual · British · DOB 12/1947 · age 79 | 75–100% | — | 75-100% shares · trust interest | 06/04/2016 |
14 historic (ceased) PSCs
- Emma Jane Wellsceased 22/01/2024· 75-100% shares · trust interest
- Mr Ron Smithceased 23/05/2023· 75-100% shares · trust interest
- Mrs Alison Shona Hendersonceased 08/02/2023· 75-100% shares · trust interest
- Mrs Calli Leigh Hopkinsonceased 17/08/2023· 75-100% shares · trust interest
- Mr James Neilson Pettigrewceased 12/04/2023· 75-100% shares · trust interest
- Mr Steven John Richard David Bellceased 17/08/2023· 75-100% shares · trust interest
- Ms Anne Scott Rendallceased 23/06/2019· 75-100% shares · trust interest
- Ms Hazel Staig Prattceased 18/08/2022· 75-100% shares · trust interest
- Emma Grayceased 18/08/2022· 75-100% shares · trust interest
- Mr Bruce Reid Lintonceased 18/11/2021· 75-100% shares · trust interest
- Mr Dennis Mckinnon Macphailceased 27/09/2021· 75-100% shares · trust interest
- Mr Richard Phillip Harley Clarkceased 21/12/2020· 75-100% shares · trust interest
- Mr Andrew Jonathan Lothianceased 01/10/2020· 75-100% shares · trust interest
- Dr Paul Dean Jenningsceased 01/11/2018· 75-100% shares · trust interest
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
Active · Leisure & entertainment · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A CREW NUTRITION, COACHING & MANAGEMENT SERVICES LTD→ SC840600 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALIGN PILATES WITH ROSIE LTD→ SC565568 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASPIRE VOX LIMITED→ SC547984 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ATHOLL TRAVEL LTD→ SC857575 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEAR & CARLOS LTD→ SC811169 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BM TRAVEL CONSULTANT LTD→ SC634483 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CARGILL'S GYM MONTROSE LTD→ SC848410 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAST AWAY CRAFTS LTD→ SC786516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CATALYST COACHING ( SCOTLAND ) LTD→ SC859441 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CEREBRAL APE LTD→ SC681534 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CEYLANKO LTD→ SC819243 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CHARLIE OSCAR LIMITED→ SC124067 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
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
Statusconverted-closed
Typeconverted-or-closed
Incorporated1985-05-01
Jurisdictionscotland
Primary SIC91020 — Museum activities
Registered office
Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ
Filing status
Accounts
Next due: —
Last made up to: 2024-03-31
Confirmation statement
Next due: —
Last: 2024-08-03
Officers (0 active · 40 resigned)
DOUGLAS, Angus→
Activedirector · ~56y · appointed 2023-08-01
View their other companies + combined net worth →
HENRY, David Crichton→
Activedirector · ~69y · appointed 2022-11-29
View their other companies + combined net worth →
MCLENNAN, Norman Kenneth, Professor→
Activedirector · ~65y · appointed 2024-04-01
View their other companies + combined net worth →
NEVILLE, Richard Charles Martin→
Activedirector · ~58y · appointed 2022-11-29
View their other companies + combined net worth →
EVANS, Mike→
Resignedsecretary · appointed 2023-01-12 · resigned 2023-08-31
FORSTER, Susan Inga→
Resignedsecretary · appointed 2001-08-08 · resigned 2003-02-11
RITCHIE, Graeme Melville→
Resignedsecretary · appointed 1997-12-01 · resigned 2001-08-27
TURNER, Philip→
Resignedsecretary · appointed 2003-02-12 · resigned 2017-05-17
WALLACE, William Graeme→
Resignedsecretary · appointed 2021-05-31 · resigned 2023-01-12
WATSON, William Gibson→
Resignedsecretary · appointed 1995-01-27 · resigned 1997-11-30
THORNTONS WS→
Resignedcorporate-nominee-secretary · appointed 1990-06-01 · resigned 1995-01-27
THORNTONS WS→
Resignedcorporate-nominee-secretary · resigned 1990-06-01
ALLISON, Shelagh Margaret→
Resigneddirector · ~63y · appointed 2017-03-02 · resigned 2021-05-31
ALLISON, Terry Robie Neve→
Resigneddirector · ~63y · appointed 2003-11-13 · resigned 2005-12-08
BELL, Steven John Richard David→
Resigneddirector · ~49y · appointed 2017-11-16 · resigned 2023-08-17
BRYMER, Stewart, Prof→
Resigneddirector · ~69y · appointed 1999-03-12 · resigned 2009-10-01
CLARK, Richard Phillip Harley→
Resigneddirector · ~67y · appointed 2005-12-08 · resigned 2015-02-12
CLARK, Richard Phillip Harley→
Resigneddirector · ~67y · appointed 1994-07-27 · resigned 2003-05-15
DAY, Nicholas John→
Resigneddirector · ~80y · appointed 1991-03-04 · resigned 1992-08-11
GRANT, Donald Blane→
Resigneddirector · ~105y · resigned 1997-04-04
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Scottish Ministers Acting Through Historic Scotland | A registered charge | 4 properties | 08/10/2014 | — | |
| outstanding | The Trustees of the National Heritage Memorial Fund | A registered charge | 1 property | 28/05/2014 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 26/07/2000 | 25/04/2014 | |
| outstanding | The Trustees of the National Heritage Memorial Fund | Standard security | 1 property | 09/05/1994 | — | |
| satisfied | The City of Dundee District Council | Standard security | 1 property | 09/05/1994 | 08/05/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (231 total)
resolution
resolution · RESOLUTIONS
2025-02-19
accounts-with-accounts-type-small
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-08
appoint-person-director-company-with-name-date
officers · AP01
2024-04-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-06
accounts-with-accounts-type-small
accounts · AA
2023-12-11
termination-director-company-with-name-termination-date
officers · TM01
2023-10-17
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-01
termination-director-company-with-name-termination-date
officers · TM01
2023-09-01