RIGBLAST ENERGY SERVICES LIMITED

💤Zombieactive

SC124924 · ltd · incorporated 1990-05-09

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

53/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (60/100, director aged 63). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 34.7y

30/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 34.7 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: low (48/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

27 officers (1 active, 27 linked, 18 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

163 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

53/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (85 events)Click to expand

2025-02-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-16
➕
HELM, Eric Paul appointed
director
2025-01-16
➖
STEWART, David Andrew resigned
director
2025-01-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-12
➖
WATSON, Colin Carrick resigned
secretary
2024-03-12
➕
STEWART, David Andrew appointed
director
2024-03-12
➖
WATSON, Colin Carrick resigned
director
2024-03-12
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-03-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-26
📄
court-order
miscellaneous · OC-DV
2021-06-22
📄
gazette-dissolved-compulsory
gazette · GAZ2
2021-04-06
📄
gazette-notice-compulsory
gazette · GAZ1
2018-02-21
📄
court-order
miscellaneous · OC-DV
2015-07-31
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-05-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-13
📄
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2015-03-13
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2015-02-05
📄
dissolution-application-strike-off-company
dissolution · DS01
2015-01-26
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2015-01-26
⚠️
legacy
insolvency · CAP-SS
2015-01-26
📄
resolution
resolution · RESOLUTIONS
2015-01-14
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2015-01-14
⚠️
legacy
insolvency · CAP-SS
2015-01-14
📄
resolution
resolution · RESOLUTIONS
2014-08-06
📄
accounts-with-accounts-type-full
accounts · AA
2014-05-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-18
📄
termination-director-company-with-name
officers · TM01
2013-06-30
➖
WORKMAN, David Miller resigned
director
2013-06-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2011-08-31
➖
GLEN, Andrew Lundie resigned
secretary
2011-08-31
➕
WATSON, Colin Carrick appointed
secretary
2011-08-31
➕
WATSON, Colin Carrick appointed
director
2011-05-13
➖
CHISHOLM, Bruce resigned
secretary
2011-05-13
➕
GLEN, Andrew Lundie appointed
secretary
2011-05-13
➖
RAY, John William resigned
director
2011-05-13
➕
WORKMAN, David Miller appointed
director
2009-12-31
➖
SAYNOR, Alan resigned
director
2007-07-12
🔓
Charge satisfied #3
2005-09-09
➖
ELLIS, Richard John Muir resigned
director
2003-10-21
➖
BRUCE, Andrew resigned
director
2003-10-01
➕
SAYNOR, Alan appointed
director
2003-09-16
➕
ELLIS, Richard John Muir appointed
director
2003-09-16
➕
RAY, John William appointed
director
2003-05-21
➕
CHISHOLM, Bruce appointed
secretary
2003-05-21
➖
FORBES, Robert Gordon resigned
secretary
2003-05-21
➖
FORBES, Robert Gordon resigned
director
2002-08-31
➖
CLARK, Alexander resigned
director
2000-12-31
➖
BAIN, John Logie Cameron resigned
secretary

Showing most recent 50 of 85 events

Owner dependency

83/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

3 high · 1 med ·

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: 2015-09-30

Confirmation statement overdue

high

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

Evidence: Next due: 2017-05-14

2 insolvency-related filings on record

high

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

Evidence: 2015-01-26: legacy; 2015-01-14: legacy

Charge satisfaction-then-recreation pattern

medium

Multiple 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 →

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AUCHLEE FARMS→ SC151071 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
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BRAESIDE DEVELOPMENTS (ABERDEEN) LIMITED→ SC716267 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
BREDERO SHAW LIMITED→ SC751515 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

11 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

Statusactive

Typeltd

Incorporated1990-05-09

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

Brodies House

31 - 33 Union Grove

Aberdeen

Grampian

AB10 6SD

United Kingdom

Filing status

Accounts

Next due: 2015-09-30OVERDUE

Last made up to: 2013-12-31

Confirmation statement

Next due: 2017-05-14OVERDUE

Last: —

Officers (1 active · 26 resigned)

HELM, Eric Paul→

director · ~63y · appointed 2025-01-16

View their other companies + combined net worth →

Active

BAIN, John Logie Cameron→

secretary · appointed 1999-02-01 · resigned 2000-12-31

Resigned

CHISHOLM, Bruce→

secretary · appointed 2003-05-21 · resigned 2011-05-13

Resigned

CHISHOLM, Bruce→

secretary · appointed 1990-06-15 · resigned 1996-03-14

Resigned

FORBES, Robert Gordon→

secretary · appointed 2000-12-31 · resigned 2003-05-21

Resigned

GLEN, Andrew Lundie→

secretary · appointed 2011-05-13 · resigned 2011-08-31

Resigned

WATSON, Colin Carrick→

secretary · appointed 2011-08-31 · resigned 2024-03-12

Resigned

LEDINGHAM CHALMERS→

corporate-secretary · appointed 1996-03-14 · resigned 1999-02-01

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1990-05-09 · resigned 1990-06-15

Resigned

ASHFIELD, David John, Dr→

director · ~71y · appointed 1996-03-14 · resigned 2000-12-31

Resigned

BAIN, John Logie Cameron→

director · ~71y · appointed 1996-03-14 · resigned 2000-12-31

Resigned

BRUCE, Andrew→

director · ~68y · appointed 2000-12-31 · resigned 2003-10-21

Resigned

CHISHOLM, Bruce→

director · ~74y · appointed 1990-06-15 · resigned 1996-03-14

Resigned

CLARK, Alexander→

director · ~76y · appointed 1996-03-14 · resigned 2002-08-31

Resigned

DRUMMOND, Robert Sommerville→

director · ~71y · appointed 1990-06-15 · resigned 1992-08-31

Resigned

ELLIS, Richard John Muir→

director · ~81y · appointed 2003-09-16 · resigned 2005-09-09

Resigned

FORBES, Robert Gordon→

director · ~67y · appointed 2000-12-31 · resigned 2003-05-21

Resigned

MUNRO, Neil Macleod→

director · ~78y · appointed 1990-06-15 · resigned 2000-12-31

Resigned

OLIVE, Ian David→

director · ~84y · appointed 1996-03-14 · resigned 1999-08-20

Resigned

RAY, John William→

director · ~78y · appointed 2003-09-16 · resigned 2011-05-13

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Legal charge	1 property	14/03/1996	18/08/2000
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	12/05/1993	12/07/2007
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	01/08/1991	02/06/1993

Recent filings (163 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-02-03

appoint-person-director-company-with-name-date

officers · AP01

2025-01-16

termination-director-company-with-name-termination-date

officers · TM01

2025-01-16

termination-secretary-company-with-name-termination-date

officers · TM02

2024-03-12

termination-director-company-with-name-termination-date

officers · TM01

2024-03-12

appoint-person-director-company-with-name-date

officers · AP01

2024-03-12

court-order

miscellaneous · OC-DV

2023-10-26

gazette-dissolved-compulsory

gazette · GAZ2

2021-06-22

gazette-notice-compulsory

gazette · GAZ1

2021-04-06

court-order

miscellaneous · OC-DV

2018-02-21

gazette-dissolved-voluntary

gazette · GAZ2(A)

2015-07-31

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2015-05-08

dissolution-voluntary-strike-off-suspended

dissolution · SOAS(A)

2015-03-13

gazette-notice-voluntary

gazette · GAZ1(A)

2015-03-13

dissolution-application-strike-off-company

dissolution · DS01

2015-02-05