A.G. MORRISON (HAULAGE) LIMITED
⚰️Wound downdissolved
SC102697 · ltd · incorporated 1987-01-08
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 39.1y 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: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (88/100, director aged 78). 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 39.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 39.1 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 (51/100)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
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
12 connected companies via shared directors
81
Filing history
100 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 (49 events)Click to expand
- 2015-01-06⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2015-01-06🏁Company dissolved
- 2014-10-06⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2013-11-25📄resolutionresolution · RESOLUTIONS
- 2013-08-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-13📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2012-09-10📄accounts-with-made-up-dateaccounts · AA
- 2012-07-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-23📄accounts-with-made-up-dateaccounts · AA
- 2010-06-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-06📄accounts-with-made-up-dateaccounts · AA
- 2009-10-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2009-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2009-06-08📄legacyannual-return · 363a
- 2009-01-19📄accounts-with-made-up-dateaccounts · AA
- 2008-06-10📄legacyannual-return · 363a
- 2008-06-10📍legacyaddress · 287
- 2008-01-22📄accounts-with-made-up-dateaccounts · AA
- 2007-06-11📄legacyannual-return · 363a
- 2007-02-08📄accounts-with-made-up-dateaccounts · AA
- 2006-06-12📄legacyannual-return · 363a
- 2006-06-12📍legacyaddress · 287
- 2006-02-09📄accounts-with-made-up-dateaccounts · AA
- 2005-09-28📄legacyannual-return · 363a
- 1996-10-09➖MCKEOWN, Raymond resigneddirector
- 1996-10-03🔓Charge satisfied #3
- 1996-08-16➕CHISHOLM, Bruce appointedsecretary
- 1996-08-16➕CHISHOLM, Bruce appointeddirector
- 1996-08-16➕RAY, John William appointeddirector
- 1996-08-16➖BURNETT & REID resignedcorporate-secretary
- 1996-08-16➖BARRACK, William resigneddirector
- 1995-05-12🔓Charge satisfied #4
- 1995-02-09🔓Charge satisfied #1
- 1994-03-31➖ANDERSON, Robert resigneddirector
- 1992-12-01➕MCKEOWN, Raymond appointeddirector
- 1991-09-30➖MORRISON, Alexander Gordon resigneddirector
- 1991-05-14🔓Charge satisfied #2
- 1990-05-30🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 1990-05-30🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1990-04-27➖MORRISON, Alexander Gordon resignedsecretary
- 1990-04-27➕BURNETT & REID appointedcorporate-secretary
- 1990-04-27➕ANDERSON, Robert appointeddirector
- 1990-04-27➕BARRACK, William appointeddirector
- 1990-04-27➖MORRISON, Johnann Milne resigneddirector
- 1987-07-15🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1987-04-01🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1987-01-08🏢Company incorporatedAs A.G. MORRISON (HAULAGE) 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 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
96/100
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 78 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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 2015-01-06
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-01-06: gazette-dissolved-liquidation; 2014-10-06: 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
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|---|---|---|---|---|---|---|---|
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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
Incorporated1987-01-08
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Unit 14 Ashley Group Base
Pitmedden Road
Aberdeen
Aberdeenshire
AB21 0DP
Filing status
Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
Active
CHISHOLM, Bruce→
Activedirector · ~74y · appointed 1996-08-16
View their other companies + combined net worth →
RAY, John William→
Activedirector · ~78y · appointed 1996-08-16
View their other companies + combined net worth →
MORRISON, Alexander Gordon→
Resignedsecretary · resigned 1990-04-27
BURNETT & REID→
Resignedcorporate-secretary · appointed 1990-04-27 · resigned 1996-08-16
ANDERSON, Robert→
Resigneddirector · ~87y · appointed 1990-04-27 · resigned 1994-03-31
BARRACK, William→
Resigneddirector · ~96y · appointed 1990-04-27 · resigned 1996-08-16
MCKEOWN, Raymond→
Resigneddirector · ~70y · appointed 1992-12-01 · resigned 1996-10-09
MORRISON, Alexander Gordon→
Resigneddirector · ~89y · resigned 1991-09-30
MORRISON, Johnann Milne→
Resigneddirector · resigned 1990-04-27
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 | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 30/05/1990 | 12/05/1995 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 30/05/1990 | 03/10/1996 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/07/1987 | 14/05/1991 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 01/04/1987 | 09/02/1995 |
Recent filings (100 total)
gazette-dissolved-liquidation
gazette · GAZ2
2015-01-06
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2014-10-06
resolution
resolution · RESOLUTIONS
2013-11-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-15
accounts-amended-with-made-up-date
accounts · AAMD
2013-08-13
accounts-with-made-up-date
accounts · AA
2012-09-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-09
accounts-with-made-up-date
accounts · AA
2011-02-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-07
accounts-with-made-up-date
accounts · AA
2010-04-06
change-person-secretary-company-with-change-date
officers · CH03
2009-10-07
change-person-director-company-with-change-date
officers · CH01
2009-10-07
change-person-director-company-with-change-date
officers · CH01
2009-10-07
legacy
annual-return · 363a
2009-06-08