NUMAX ENERGY SERVICES LIMITED
⚰️Wound downdissolved
SC103860 · ltd · incorporated 1987-03-27
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
56/100
Worth a look
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 56/100 (worth a look), bankability 72/100. Strong seller-intent signal (88/100, director aged 92). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
9 live charges · 3 lenders · oldest 34.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 34.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 6 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
133 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
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 (58 events)Click to expand
- 2020-09-22📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-09-22🏁Company dissolved
- 2020-03-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2020-02-25📄dissolution-application-strike-off-companydissolution · DS01
- 2019-11-26📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2019-11-20📄legacycapital · SH20
- 2019-11-20⚠️legacyinsolvency · CAP-SS
- 2019-11-20📄resolutionresolution · RESOLUTIONS
- 2019-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2013-05-25🔓Charge satisfied #9
- 2013-05-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2013-05-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2013-05-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2013-05-23🔓Charge satisfied #7
- 2013-05-23🔓Charge satisfied #6
- 2013-05-23🔓Charge satisfied #5
- 2013-05-23🔓Charge satisfied #10
- 2013-05-09🔓Charge satisfied #4
- 2012-02-23➖LOUDEN, Derek William resignedsecretary
- 2012-02-23➖LOUDEN, Derek William resigneddirector
- 2012-02-16➖MURRAY, Robert Hugh resigneddirector
- 2011-12-30➕MURRAY, Robert Hugh appointeddirector
- 2011-07-05➕LOUDEN, Derek William appointedsecretary
- 2011-07-05➖MACDONALD, Donald resignedsecretary
- 2011-07-05➕LOUDEN, Derek William appointeddirector
- 2010-09-10➕MACDONALD, Donald appointedsecretary
- 2010-09-02➖MACKENZIE, Gloria Watt resignedsecretary
- 2010-03-02➖BANKS, Graeme resignedsecretary
- 2010-03-02➕MACKENZIE, Gloria Watt appointedsecretary
- 2009-05-13🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2009-05-13🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2009-05-13🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2009-05-12🔒Charge registered #10Lender: Royal Bank of Scotland PLC
- 2009-05-12🔒Charge registered #9Lender: Royal Bank of Scotland PLC
- 2008-11-04➕BANKS, Graeme appointedsecretary
- 2008-11-04➖NICOLSON, Catherine Jean resignedsecretary
- 2008-10-17🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2008-09-26➖NICOLSON, Catherine Jean resigneddirector
- 2008-09-26➖NICOLSON, James resigneddirector
- 2008-02-18🔓Charge satisfied #3
Showing most recent 50 of 58 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 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 92 — 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 92 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 18 years.
- 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 2020-09-22
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-11-20: legacy
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Edmund Donald William Maclellan Individual · British · DOB 01/1957 · age 69 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr James Ronald Mills Individual · British · DOB 02/1934 · age 92 | 25–50% | — | 25-50% shares | 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.
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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
Incorporated1987-03-27
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Coillemore
Newmore
Invergordon
Ross-Shire
IV18 0PG
Filing status
Accounts
Next due: —
Last made up to: 2019-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
MACLELLAN, Edmund Donald William→
Activedirector · ~69y · appointed 2008-02-14
View their other companies + combined net worth →
MILLS, James Ronald→
Activedirector · ~92y · appointed 2008-02-14
View their other companies + combined net worth →
BANKS, Graeme→
Resignedsecretary · appointed 2008-11-04 · resigned 2010-03-02
LOUDEN, Derek William→
Resignedsecretary · appointed 2011-07-05 · resigned 2012-02-23
MACDONALD, Donald→
Resignedsecretary · appointed 2010-09-10 · resigned 2011-07-05
MACKENZIE, Gloria Watt→
Resignedsecretary · appointed 2010-03-02 · resigned 2010-09-02
NICOLSON, Catherine Jean→
Resignedsecretary · resigned 2008-11-04
LOUDEN, Derek William→
Resigneddirector · ~63y · appointed 2011-07-05 · resigned 2012-02-23
MURRAY, Robert Hugh→
Resigneddirector · ~70y · appointed 2011-12-30 · resigned 2012-02-16
NICOLSON, Catherine Jean→
Resigneddirector · ~83y · resigned 2008-09-26
NICOLSON, James→
Resigneddirector · ~83y · resigned 2008-09-26
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 13/05/2009 | 23/05/2013 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 13/05/2009 | 23/05/2013 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 13/05/2009 | 23/05/2013 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 12/05/2009 | 23/05/2013 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 12/05/2009 | 25/05/2013 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/10/2008 | 09/05/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/08/1991 | 18/02/2008 | |
| satisfied | Highlands and Islands Enterprise | Standard security | 1 property | 19/08/1991 | 11/06/1993 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/07/1991 | 18/02/2008 |
Recent filings (133 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-09-22
gazette-notice-voluntary
gazette · GAZ1(A)
2020-03-03
dissolution-application-strike-off-company
dissolution · DS01
2020-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-03
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2019-11-26
legacy
capital · SH20
2019-11-20
legacy
insolvency · CAP-SS
2019-11-20
resolution
resolution · RESOLUTIONS
2019-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-04
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-01-11