IAN MCDONALD DEVELOPMENTS LTD.
⚰️Wound downdissolved
SC117876 · ltd · incorporated 1989-05-15
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
58/100
Worth a look
What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 7012SIC 7012
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 52/100. Strong seller-intent signal (63/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. 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
7 live charges · 3 lenders · oldest 31.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 31.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 4 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review 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 (49 events)Click to expand
- 2012-11-02📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-11-02🏁Company dissolved
- 2012-07-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-06-29📄dissolution-application-strike-off-companydissolution · DS01
- 2011-06-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-05-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-05-20📄termination-director-company-with-nameofficers · TM01
- 2011-05-20📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-08-30➖DI ROLLO, Benedict Joseph resigneddirector
- 2010-07-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-22📄appoint-person-director-company-with-nameofficers · AP01
- 2010-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2010-05-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-04-01➕DI ROLLO, Benedict Joseph appointeddirector
- 2009-10-13📄capital-allotment-sharescapital · SH01
- 2009-06-25📄accounts-with-made-up-dateaccounts · AA
- 2009-05-19📄legacyannual-return · 363a
- 2008-11-11📄accounts-with-made-up-dateaccounts · AA
- 2008-06-06📄legacyannual-return · 363a
- 2008-06-05📄legacyofficers · 288a
- 2008-06-05📄legacyofficers · 288b
- 2008-03-31➕MCAREAVEY, John Owen appointedsecretary
- 2008-03-31➖ROSS, Roy resignedsecretary
- 2007-08-08📄legacyannual-return · 363s
- 2007-08-08📄legacyannual-return · 363(288)
- 2007-07-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-11-21📄legacyannual-return · 363s
- 2006-11-21📄legacyannual-return · 363(288)
- 2006-11-21📄legacyannual-return · 363(287)
- 2006-10-25📄legacyofficers · 288a
- 2005-12-20➖MCDONALD, Marion Whitehead resignedsecretary
- 2005-12-20➕ROSS, Roy appointedsecretary
- 1999-12-08🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 1998-05-04➖MCDONALD, Ian James resignedsecretary
- 1998-01-01➕MCDONALD, Marion Whitehead appointedsecretary
- 1997-06-19🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 1997-06-06🔒Charge registered #6Lender: Clydesdale Bank Public Limited Company
- 1997-06-03🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 1997-03-12🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1995-12-20🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1994-09-16🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1994-07-20➕MCDONALD, Ian James appointedsecretary
- 1994-04-07➖HAY, George Manson resignedsecretary
- 1994-04-07➖HAY, George Manson resigneddirector
- 1994-04-07➖HAY, George Manson resigneddirector
- 1993-03-31➖MCDONALD, Marion Whitehead resignedsecretary
- 1993-03-31➕HAY, George Manson appointeddirector
- 1990-03-19➕MCDONALD, Marion Whitehead appointedsecretary
- 1989-05-15🏢Company incorporatedAs IAN MCDONALD DEVELOPMENTS LTD.
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MCDONALD" — strong identity link between founder and business.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
85/100
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 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-11-02
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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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|---|---|---|---|---|---|---|---|
| CAPITAL ALLOYS LTD→ SC703970 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CAR O'CLOCK LTD→ SC838869 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CARPARTS BALTIC LTD→ SC739666 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CDCOPLAND MOTORS LTD→ SC649606 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COASTLINE CAR WASH LIMITED→ SC431430 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CRYSTAL COMFORT SERVICES LTD→ SC838336 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DAVE REBUILDS LTD→ SC646767 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DBS MOTORCYCLES LTD→ SC628278 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DEFEON LIMITED→ SC728868 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| DENTCENTRAL GROUP LTD→ SC661020 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DENTCENTRAL LIMITED→ SC288856 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| DICE.UKIE LTD→ SC816685 · est 2024 · 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
Incorporated1989-05-15
Jurisdictionscotland
Primary SIC4521 — SIC 4521
Registered office
32 Groathill Road North
Edinburgh
Midlothian
EH4 2SL
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2010-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 8 resigned)
MCAREAVEY, John Owen→
Activesecretary · appointed 2008-03-31
View their other companies + combined net worth →
Active
HAY, George Manson→
Resignedsecretary · resigned 1994-04-07
MCDONALD, Ian James→
Resignedsecretary · appointed 1994-07-20 · resigned 1998-05-04
MCDONALD, Marion Whitehead→
Resignedsecretary · appointed 1998-01-01 · resigned 2005-12-20
MCDONALD, Marion Whitehead→
Resignedsecretary · appointed 1990-03-19 · resigned 1993-03-31
ROSS, Roy→
Resignedsecretary · appointed 2005-12-20 · resigned 2008-03-31
DI ROLLO, Benedict Joseph→
Resigneddirector · ~42y · appointed 2010-04-01 · resigned 2010-08-30
HAY, George Manson→
Resigneddirector · ~81y · appointed 1993-03-31 · resigned 1994-04-07
HAY, George Manson→
Resigneddirector · ~81y · resigned 1994-04-07
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 08/12/1999 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/06/1997 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 06/06/1997 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 03/06/1997 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 12/03/1997 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/12/1995 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 16/09/1994 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (89 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-11-02
gazette-notice-voluntary
gazette · GAZ1(A)
2012-07-13
dissolution-application-strike-off-company
dissolution · DS01
2012-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-06-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-05-21
termination-director-company-with-name
officers · TM01
2011-05-20
change-registered-office-address-company-with-date-old-address
address · AD01
2011-05-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-22
appoint-person-director-company-with-name
officers · AP01
2010-07-22
change-person-director-company-with-change-date
officers · CH01
2010-07-22
accounts-with-accounts-type-dormant
accounts · AA
2010-05-27
capital-allotment-shares
capital · SH01
2009-10-13
accounts-with-made-up-date
accounts · AA
2009-06-25
legacy
annual-return · 363a
2009-05-19
accounts-with-made-up-date
accounts · AA
2008-11-11