HAWTHORNE TIMBER SERVICES LIMITED

⚰️Wound downliquidation
SC124349 · ltd · incorporated 1990-04-12
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
Watch
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What this business does
Primary activity: SIC 2010
Sector: Manufacturing
ALSO REGISTERED FOR
  • 4542SIC 4542
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 20/100. Strong seller-intent signal (78/100, director aged 92). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 35.7y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 35.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
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 (41 events)Click to expand
  1. 1999-05-25
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  2. 1999-04-06
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  3. 1999-03-09
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  4. 1999-03-09
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  5. 1999-03-09
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  6. 1998-07-04
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  7. 1998-06-26
    📍
    legacy
    address · 287
  8. 1997-06-19
    📄
    legacy
    annual-return · 363a
  9. 1996-05-23
    📄
    legacy
    annual-return · 363s
  10. 1996-04-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 1996-01-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 1995-08-08
    📄
    legacy
    annual-return · 363s
  13. 1995-04-07
    📄
    legacy
    officers · 288
  14. 1995-04-06
    📄
    legacy
    mortgage · 419a(Scot)
  15. 1995-04-06
    🔓
    Charge satisfied #3
  16. 1994-11-01
    📍
    legacy
    address · 287
  17. 1994-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 1994-09-26
    📄
    legacy
    capital · 88(2)R
  19. 1994-06-14
    📄
    legacy
    annual-return · 363x
  20. 1993-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 1993-09-13
    📄
    legacy
    annual-return · 363x
  22. 1993-09-13
    📍
    legacy
    address · 287
  23. 1993-08-11
    📄
    resolution
    resolution · RESOLUTIONS
  24. 1993-08-11
    📄
    resolution
    resolution · RESOLUTIONS
  25. 1993-08-11
    📄
    resolution
    resolution · RESOLUTIONS
  26. 1993-02-10
    📄
    legacy
    officers · 288
  27. 1993-01-28
    IRIDAG, Yusuf resigned
    director
  28. 1993-01-28
    PIRIE, Graham resigned
    director
  29. 1992-01-29
    POCOCK, Barbara Webster appointed
    director
  30. 1991-06-25
    POCOCK, Barbara Webster resigned
    director
  31. 1990-12-13
    🔒
    Charge registered #3
    Lender: Kelloch Limited
  32. 1990-11-14
    POCOCK, Barbara Webster appointed
    director
  33. 1990-08-24
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  34. 1990-05-22
    POCOCK, David George appointed
    director
  35. 1990-05-22
    HUNTER, Neil Cameron resigned
    nominee-director
  36. 1990-05-22
    PIRIE, Graham appointed
    director
  37. 1990-05-22
    RENNIE, Thomas George resigned
    nominee-director
  38. 1990-04-12
    🏢
    Company incorporated
    As HAWTHORNE TIMBER SERVICES LIMITED
  39. 1990-04-12
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  40. 1990-04-12
    HUNTER, Neil Cameron appointed
    nominee-director
  41. 1990-04-12
    RENNIE, Thomas George appointed
    nominee-director

Owner dependency

91/100
Critical — business is the founder

The 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 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 92 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

91/100
Likely off-market candidate

Strong 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.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1997-09-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-06-09

Company in liquidation
high

Company is actively being wound up. Not a going concern.

6 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 1999-05-25: liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland; 1999-04-06: liquidation-compulsory-appointment-provisional-liquidator-scotland

🔒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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🔒Tailored diligence questions

12 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 →
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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.

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Company details

Statusliquidation
Typeltd
Incorporated1990-04-12
Jurisdictionscotland
Primary SIC2010 — SIC 2010

Registered office

12 Carden Place
Aberdeen
AB10 1QR

Filing status

Accounts
Next due: 1997-09-30OVERDUE
Last made up to: 1995-11-30
Confirmation statement
Next due: 2017-06-09OVERDUE
Last:

Officers (3 active · 5 resigned)

PETERKINS, SOLICITORS
corporate-nominee-secretary · appointed 1990-04-12
View their other companies + combined net worth →
Active
POCOCK, Barbara Webster
director · ~92y · appointed 1992-01-29
View their other companies + combined net worth →
Active
POCOCK, David George
director · ~65y · appointed 1990-05-22
View their other companies + combined net worth →
Active
HUNTER, Neil Cameron
nominee-director · appointed 1990-04-12 · resigned 1990-05-22
Resigned
IRIDAG, Yusuf
director · ~68y · resigned 1993-01-28
Resigned
PIRIE, Graham
director · ~63y · appointed 1990-05-22 · resigned 1993-01-28
Resigned
POCOCK, Barbara Webster
director · ~92y · appointed 1990-11-14 · resigned 1991-06-25
Resigned
RENNIE, Thomas George
nominee-director · ~79y · appointed 1990-04-12 · resigned 1990-05-22
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Kelloch
Kelloch Limited
Bond & floating charge1 property13/12/199006/04/1995
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property24/08/1990
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (46 total)

liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1999-05-25
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1999-04-06
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
1999-03-09
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
1999-03-09
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1999-03-09
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1998-07-04
legacy
address · 287
1998-06-26
legacy
annual-return · 363a
1997-06-19
legacy
annual-return · 363s
1996-05-23
accounts-with-accounts-type-full
accounts · AA
1996-04-19
accounts-with-accounts-type-full
accounts · AA
1996-01-05
legacy
annual-return · 363s
1995-08-08
legacy
officers · 288
1995-04-07
legacy
mortgage · 419a(Scot)
1995-04-06
legacy
address · 287
1994-11-01