AROS (ISLE OF SKYE) LIMITED
⚰️Wound downdissolved
SC134116 · ltd · incorporated 1991-09-24
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
50/100
Worth a look
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 56101Licenced restaurants
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 52/100. Strong seller-intent signal (88/100, director aged 74). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
13 live charges · 7 lenders · oldest 33.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 33.6 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 11 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
147 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
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (72 events)Click to expand
- 2025-12-02⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-12-02🏁Company dissolved
- 2025-09-02⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2024-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-16📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-09📄resolutionresolution · RESOLUTIONS
- 2024-08-08➖CORMACK, Arthur Edward resigneddirector
- 2024-08-08➖MATHESON, John resigneddirector
- 2023-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-09🔓Charge satisfied #13
- 2023-06-09🔓Charge satisfied #12
- 2023-06-09🔓Charge satisfied #11
- 2023-06-09🔓Charge satisfied #10
- 2023-06-09🔓Charge satisfied #6
- 2022-11-22➖JAQUES, Joanna Dawn resigneddirector
- 2022-11-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-27🔓Charge satisfied #9
- 2022-01-26🔓Charge satisfied #5
- 2021-03-26➖PETRI, Hans resigneddirector
- 2016-12-17➖CAMPBELL, Neil resigneddirector
- 2016-12-17➕JAQUES, Joanna Dawn appointeddirector
- 2016-06-13➕CORMACK, Arthur Edward appointeddirector
- 2016-04-01➕PETRI, Hans appointeddirector
- 2016-04-01➖STEELE, Thomas Graham resigneddirector
- 2015-12-14➕MACDONALD, Donald appointedsecretary
- 2015-09-30➖MASON, Lance Thomas resignedsecretary
- 2010-01-08🔒Charge registered #13Lender: The Scottish Ministers
- 2010-01-08🔒Charge registered #12Lender: The Scottish Arts Council
- 2010-01-08🔒Charge registered #11Lender: Royal Bank of Scotland PLC
- 2008-02-26🔓Charge satisfied #8
- 2008-02-26🔓Charge satisfied #7
- 2008-01-29🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2007-07-19🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2006-09-18➖MACLEAN, Cailean Norman resignedsecretary
- 2006-09-18➕MASON, Lance Thomas appointedsecretary
- 2006-09-18➕CAMPBELL, Neil appointeddirector
- 2006-09-18➖CORMACK, Arthur Edward resigneddirector
- 2006-09-18➕MATHESON, John appointeddirector
- 2003-05-09🔓Charge satisfied #4
Showing most recent 50 of 72 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 34 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — 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 74 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 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 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 2025-12-02
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-12-02: gazette-dissolved-liquidation; 2025-09-02: liquidation-voluntary-members-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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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
Incorporated1991-09-24
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered office
3 Castle Court
Carnegie Campus
Dunfermiline
KY11 8PB
Filing status
Accounts
Next due: —
Last made up to: 2024-04-30
Confirmation statement
Next due: —
Last: 2024-04-23
Officers (0 active · 12 resigned)
Active
MACDONALD, Donald→
Activedirector · ~65y · appointed 1992-04-01
View their other companies + combined net worth →
MACLEAN, Cailean Norman→
Activedirector · ~74y · appointed 1992-04-01
View their other companies + combined net worth →
MACLEAN, Cailean Norman→
Resignedsecretary · resigned 2006-09-18
MASON, Lance Thomas→
Resignedsecretary · appointed 2006-09-18 · resigned 2015-09-30
REID, Brian→
Resignednominee-secretary · appointed 1991-09-24 · resigned 1991-09-24
CAMPBELL, Neil→
Resigneddirector · ~72y · appointed 2006-09-18 · resigned 2016-12-17
CORMACK, Arthur Edward→
Resigneddirector · ~61y · appointed 2016-06-13 · resigned 2024-08-08
CORMACK, Arthur Edward→
Resigneddirector · ~61y · appointed 1992-04-01 · resigned 2006-09-18
JAQUES, Joanna Dawn→
Resigneddirector · ~48y · appointed 2016-12-17 · resigned 2022-11-22
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1991-09-24 · resigned 1991-09-24
MATHESON, John→
Resigneddirector · ~76y · appointed 2006-09-18 · resigned 2024-08-08
PETRI, Hans→
Resigneddirector · ~77y · appointed 2016-04-01 · resigned 2021-03-26
STEELE, Thomas Graham→
Resigneddirector · ~81y · appointed 2000-05-13 · resigned 2016-04-01
WEIR, Robin Anderson→
Resigneddirector · ~72y · appointed 1992-08-01 · resigned 2002-06-02
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
0
Outstanding
0
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | The Scottish Ministers | Standard security | 1 property | 08/01/2010 | 09/06/2023 | |
| satisfied | The Scottish Arts Council | Standard security | 1 property | 08/01/2010 | 09/06/2023 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 08/01/2010 | 09/06/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 29/01/2008 | 09/06/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 19/07/2007 | 27/04/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 07/05/2003 | 26/02/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 20/02/2003 | 26/02/2008 | |
| satisfied | The Scottish Arts Council | Standard security | 1 property | 10/03/1997 | 09/06/2023 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/11/1992 | 26/01/2022 | |
| satisfied | Skye and Lochalsh Local Enterprise Company Skye and Lochalsh Local Enterprise Company Limited | Standard security | 1 property | 27/11/1992 | 09/05/2003 | |
| satisfied | Skye and Lochalsh Local Enterprise Company Skye and Lochalsh Local Enterprise Company Limited | Standard security | 1 property | 14/10/1992 | 09/05/2003 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 28/09/1992 | 07/05/2003 | |
| satisfied | Skye and Lochalsh Local Enterprise Company Skye and Lochalsh Local Enterprise Company Limited | Floating charge | 1 property | 23/09/1992 | 09/05/2003 |
Recent filings (147 total)
gazette-dissolved-liquidation
gazette · GAZ2
2025-12-02
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-16
change-account-reference-date-company-previous-extended
accounts · AA01
2024-08-16
termination-director-company-with-name-termination-date
officers · TM01
2024-08-12
termination-director-company-with-name-termination-date
officers · TM01
2024-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-09
resolution
resolution · RESOLUTIONS
2024-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-02
mortgage-satisfy-charge-full
mortgage · MR04
2023-06-09
mortgage-satisfy-charge-full
mortgage · MR04
2023-06-09