SERAH PROPERTIES PLC
⚰️Wound downdissolved
SC136509 · plc · incorporated 1992-02-04
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: SIC 7011
Sector: Professional, scientific & technical
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 70). 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: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
11 live charges · 3 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.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
Data confidence
Overall: low (53/100)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
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
24 officers (3 active, 24 linked, 17 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
141 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
0
filings
Counts from Companies House filing history.
Corporate timeline (94 events)Click to expand
- 2011-08-25⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2011-08-25🏁Company dissolved
- 2011-05-25⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2010-03-08📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-03-08📄resolutionresolution · RESOLUTIONS
- 2009-09-15📄legacyofficers · 288a
- 2009-09-15📄legacyofficers · 288b
- 2009-09-09➕AUSTEN, Jonathan Martin appointeddirector
- 2009-09-09➖TURNBULL, Nigel James Cavers resigneddirector
- 2009-05-20📄accounts-with-accounts-type-fullaccounts · AA
- 2009-03-09📄legacymortgage · 419a(Scot)
- 2009-03-07🔓Charge satisfied #3
- 2009-02-27📄legacyannual-return · 363a
- 2008-06-06📄accounts-with-accounts-type-fullaccounts · AA
- 2008-04-08📄legacymortgage · 419a(Scot)
- 2008-04-04🔓Charge satisfied #12
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-25📄legacymortgage · 419a(Scot)
- 2008-03-20🔓Charge satisfied #11
- 2008-03-20🔓Charge satisfied #10
- 2008-03-20🔓Charge satisfied #9
- 2008-03-20🔓Charge satisfied #8
- 2008-03-20🔓Charge satisfied #7
- 2008-03-20🔓Charge satisfied #5
- 2008-03-20🔓Charge satisfied #4
- 2008-03-20🔓Charge satisfied #2
- 2008-03-20🔓Charge satisfied #1
- 2008-03-05📄legacyannual-return · 363a
- 2007-06-22📄legacyofficers · 288b
- 2007-06-15➖MACDONALD, Donald Ross resigneddirector
- 2007-05-04📄accounts-with-accounts-type-fullaccounts · AA
- 2007-02-16📄legacyannual-return · 363s
- 2006-07-06📄accounts-with-accounts-type-fullaccounts · AA
- 2004-12-22➕MACDONALD, Donald Ross appointeddirector
- 2004-05-11➕WALSH, Thomas Gerard appointeddirector
- 2004-05-11➖COX, Charles Fahie Mckay resigneddirector
- 2004-01-14➖SAUNDERS, Michael resigneddirector
- 2003-07-28➕SAUNDERS, Michael appointeddirector
- 2003-06-12➖SNASDELL, Michael Percy resigneddirector
- 2003-02-14➕PARK CIRCUS (SECRETARIES) LIMITED appointedcorporate-secretary
- 2003-02-14➖WALSH, Thomas Gerard resignedsecretary
- 2001-11-12➖GLICHER, Julian Harvey resignedsecretary
- 2001-11-12➕WALSH, Thomas Gerard appointedsecretary
Showing most recent 50 of 94 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 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — 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 70 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 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 34 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 2011-08-25
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-08-25: gazette-dissolved-liquidation; 2011-05-25: liquidation-voluntary-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
Active · Professional services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| STEWART SHAW HOLDINGS LIMITED→ SC080687 · est 1982 | £1.09M £800.5k–£1.37M | — | — | 89 | 43y | 85 | 75y |
| WEST HOLIDAYS LIMITED→ SC714316 · est 2021 | £74.8k £55.1k–£94.5k | £198.8k | — | 300 | 4y | 93 | 48y |
| HEWITT ACCOUNT MANAGEMENT LIMITED→ SC693563 · est 2021 | £71.3k £52.5k–£90.1k | £28.6k | — | 200 | 5y | 84 | 48y |
| POD SUBSEA CONTRACTORS LIMITED→ SC666683 · est 2020 | £6.8k £5.0k–£8.6k | £4.2k | — | 100 | 5y | 86 | 58y |
| FORBES LESLIE NETWORK LIMITED→ SC148828 · est 1994 | — | — | — | 14 | 32y | 83 | 62y |
| HEBRIDEAN WHALE AND DOLPHIN TRUST LIMITED→ SC172338 · est 1997 · no financials extracted | — | — | — | — | 29y | 83 | 79y |
| MACFARLANE YOUNG LIMITED→ SC332280 · est 2007 | — | — | £146.8k | — | 18y | 83 | 62y |
| RSVP DESIGN LIMITED→ SC253981 · est 2003 | — | — | £31.6k | — | 22y | 83 | 71y |
| STIRLING & MAIR LIMITED→ SC261547 · est 2004 | — | — | £184.0k | — | 22y | 83 | 61y |
| ALISTAIR BROWN LIMITED→ SC243272 · est 2003 | — | — | £11.0k | — | 23y | 82 | 82y |
| ASCOG LIMITED→ SC244061 · est 2003 | — | — | £143.0k | — | 23y | 82 | 77y |
| CASTLETON HOLDINGS LIMITED→ SC246219 · est 2003 | — | — | — | 0 | 23y | 82 | 76y |
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
Typeplc
Incorporated1992-02-04
Jurisdictionscotland
Primary SIC7011 — SIC 7011
Registered office
C/O CAMPBELL DALLAS LLP
Sherwood House 7 Glasgow Road
Paisley
PA1 3QS
Filing status
Accounts
Next due: —
Last made up to: 2008-10-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 21 resigned)
PARK CIRCUS (SECRETARIES) LIMITED→
Activecorporate-secretary · appointed 2003-02-14
View their other companies + combined net worth →
AUSTEN, Jonathan Martin→
Activedirector · ~70y · appointed 2009-09-09
View their other companies + combined net worth →
WALSH, Thomas Gerard→
Activedirector · ~65y · appointed 2004-05-11
View their other companies + combined net worth →
GLICHER, Julian Harvey→
Resignedsecretary · appointed 1998-06-16 · resigned 2001-11-12
REID, Brian→
Resignednominee-secretary · appointed 1992-02-04 · resigned 1992-02-04
WALSH, Thomas Gerard→
Resignedsecretary · appointed 2001-11-12 · resigned 2003-02-14
NEILL CLERK & MURRAY→
Resignedcorporate-secretary · appointed 1992-02-17 · resigned 1996-10-31
PARK CIRCUS (SECRETARIES) LIMITED→
Resignedcorporate-secretary · appointed 1996-10-31 · resigned 1998-06-16
ADAIR, Robert Fredrik Martin→
Resigneddirector · ~70y · appointed 2000-06-28 · resigned 2001-11-12
ADAIR, Robert Fredrik Martin→
Resigneddirector · ~70y · appointed 1992-02-19 · resigned 1997-07-04
BRIDGES, Thomas Edward, Lord→
Resigneddirector · ~99y · appointed 1992-03-27 · resigned 2001-11-12
COX, Charles Fahie Mckay→
Resigneddirector · ~91y · appointed 2000-01-28 · resigned 2004-05-11
DAVID, Christopher Michael→
Resigneddirector · ~83y · appointed 1992-02-17 · resigned 1999-02-19
DAVIES, Angie Michael→
Resigneddirector · ~92y · appointed 1992-02-19 · resigned 1997-04-25
GLICHER, Julian Harvey→
Resigneddirector · ~78y · appointed 1997-06-26 · resigned 2001-11-12
LONG, Peter Edwin Quert Ier→
Resigneddirector · ~87y · appointed 1992-02-19 · resigned 2001-11-12
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1992-02-04 · resigned 1992-02-04
MACDONALD, Donald Ross→
Resigneddirector · ~88y · appointed 2004-12-22 · resigned 2007-06-15
PRICE, Keith John→
Resigneddirector · ~80y · appointed 1997-04-23 · resigned 2001-11-12
REID, Brian→
Resignednominee-director · appointed 1992-02-04 · resigned 1992-02-04
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
0
Outstanding
0
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 05/05/1999 | 04/04/2008 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 05/05/1999 | 20/03/2008 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 05/05/1999 | 20/03/2008 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 05/05/1999 | 20/03/2008 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 05/05/1999 | 20/03/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 14/11/1994 | 20/03/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 24/12/1993 | 20/03/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 24/12/1993 | 20/03/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 24/12/1993 | 07/03/2009 | |
| satisfied | Terrace Hill Projects Terrace Hill Projects Limited | Legal charge | 1 property | 07/10/1993 | 20/03/2008 | |
| satisfied | Terrace Hill Projects Terrace Hill Projects Limited | Legal charge | 1 property | 27/10/1992 | 20/03/2008 |
Recent filings (141 total)
gazette-dissolved-liquidation
gazette · GAZ2
2011-08-25
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2011-05-25
change-registered-office-address-company-with-date-old-address
address · AD01
2010-03-08
resolution
resolution · RESOLUTIONS
2010-03-08
legacy
officers · 288a
2009-09-15
legacy
officers · 288b
2009-09-15
accounts-with-accounts-type-full
accounts · AA
2009-05-20
legacy
mortgage · 419a(Scot)
2009-03-09
legacy
annual-return · 363a
2009-02-27
accounts-with-accounts-type-full
accounts · AA
2008-06-06
legacy
mortgage · 419a(Scot)
2008-04-08
legacy
mortgage · 419a(Scot)
2008-03-25
legacy
mortgage · 419a(Scot)
2008-03-25
legacy
mortgage · 419a(Scot)
2008-03-25
legacy
mortgage · 419a(Scot)
2008-03-25