ASHLEY INDUSTRIES LIMITED

⚰️Wound downdissolved
SC141163 · ltd · incorporated 1992-11-10
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
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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 60/100. Strong seller-intent signal (78/100, director aged 78). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 32.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 32.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (51/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
12 connected companies via shared directors
81
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
49
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 (38 events)Click to expand
  1. 2015-01-06
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2015-01-06
    🏁
    Company dissolved
  3. 2014-10-06
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2013-11-25
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2013-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2013-09-19
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  7. 2012-11-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2012-09-10
    📄
    accounts-with-made-up-date
    accounts · AA
  9. 2011-11-30
    📄
    legacy
    mortgage · MG03s
  10. 2011-11-30
    🔓
    Charge satisfied #1
  11. 2011-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2011-02-23
    📄
    accounts-with-made-up-date
    accounts · AA
  13. 2010-11-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2010-04-01
    📄
    accounts-with-made-up-date
    accounts · AA
  15. 2009-11-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2009-11-05
    📍
    move-registers-to-sail-company
    address · AD03
  17. 2009-11-05
    📍
    change-sail-address-company
    address · AD02
  18. 2009-10-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2009-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2009-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2009-01-19
    📄
    accounts-with-made-up-date
    accounts · AA
  22. 2009-01-08
    📄
    accounts-with-made-up-date
    accounts · AA
  23. 2008-11-03
    📄
    legacy
    annual-return · 363a
  24. 2008-11-03
    📍
    legacy
    address · 287
  25. 2007-12-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2007-11-02
    📄
    legacy
    annual-return · 363a
  27. 2007-01-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 1994-02-02
    ➕
    CHISHOLM, Bruce appointed
    director
  29. 1994-01-20
    ➖
    MATHESON, Ronald resigned
    director
  30. 1993-05-12
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  31. 1992-11-27
    ➕
    CHISHOLM, Bruce appointed
    secretary
  32. 1992-11-27
    ➕
    RAY, John William appointed
    director
  33. 1992-11-27
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 1992-11-27
    ➕
    MATHESON, Ronald appointed
    director
  35. 1992-11-27
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  36. 1992-11-10
    🏢
    Company incorporated
    As ASHLEY INDUSTRIES LIMITED
  37. 1992-11-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  38. 1992-11-10
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

96/100
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 78 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 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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 ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2015-01-06

2 insolvency-related filings on record
high

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

Evidence: 2015-01-06: gazette-dissolved-liquidation; 2014-10-06: liquidation-voluntary-return-of-final-meeting-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.

See pricing →

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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.

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Company details

Statusdissolved
Typeltd
Incorporated1992-11-10
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Unit 14 Ashley Group Base, Pitmedden Road
Dyce
Aberdeen
Aberdeenshire
AB21 0DP

Filing status

Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

CHISHOLM, Bruce→
secretary · appointed 1992-11-27
View their other companies + combined net worth →
Active
CHISHOLM, Bruce→
director · ~74y · appointed 1994-02-02
View their other companies + combined net worth →
Active
RAY, John William→
director · ~78y · appointed 1992-11-27
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1992-11-10 · resigned 1992-11-27
Resigned
MATHESON, Ronald→
director · ~74y · appointed 1992-11-27 · resigned 1994-01-20
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1992-11-10 · resigned 1992-11-27
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property12/05/199330/11/2011

Recent filings (74 total)

gazette-dissolved-liquidation
gazette · GAZ2
2015-01-06
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2014-10-06
resolution
resolution · RESOLUTIONS
2013-11-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-04
accounts-amended-with-made-up-date
accounts · AAMD
2013-09-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-05
accounts-with-made-up-date
accounts · AA
2012-09-10
legacy
mortgage · MG03s
2011-11-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-11-04
accounts-with-made-up-date
accounts · AA
2011-02-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-02
accounts-with-made-up-date
accounts · AA
2010-04-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-05
move-registers-to-sail-company
address · AD03
2009-11-05
change-sail-address-company
address · AD02
2009-11-05