HUNTERSTON BULK HANDLING LIMITED
⚰️Wound downdissolved
SC142485 · ltd · incorporated 1993-02-08
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
55/100
Worth a look
What this business does
Primary activity: SIC 50300
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 64). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 32.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 32.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 13 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 connected companies via shared directors
90
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
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 (72 events)Click to expand
- 2016-07-26📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-07-26🏁Company dissolved
- 2016-05-10📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-05-04📄dissolution-application-strike-off-companydissolution · DS01
- 2016-04-13📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2016-03-30📄legacycapital · SH20
- 2016-03-30⚠️legacyinsolvency · CAP-SS
- 2016-03-30📄resolutionresolution · RESOLUTIONS
- 2016-02-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-03-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-05-30➖MACKAY, Margaret Mcdade resigneddirector
- 2014-04-02📄appoint-person-director-company-with-nameofficers · AP01
- 2014-02-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-02-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-12-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-12-12📄legacymortgage · MG03s
- 2012-12-12🔓Charge satisfied #5
- 2012-02-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-12-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-11-30➕CHARNOCK, Ian Graeme Lloyd appointeddirector
- 2011-06-17📄termination-director-company-with-nameofficers · TM01
- 2011-06-16📄appoint-person-director-company-with-nameofficers · AP01
- 2011-05-09➕WHITWORTH, Mark appointeddirector
- 2011-05-09➖BARR, Alan Andrew resigneddirector
- 2011-02-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-03-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-07-31➕MARRISON GILL, Caroline Ruth appointedsecretary
- 2009-07-31➖BOWLEY, William John resignedsecretary
- 2008-05-31➕BOWLEY, William John appointedsecretary
- 2008-05-31➖GREEN, David Simon resignedsecretary
- 2008-05-31➖GREEN, David Simon resigneddirector
- 2008-05-31➕MACKAY, Margaret Mcdade appointeddirector
- 2008-05-16➖ALLISON, Thomas Eardley resigneddirector
- 2008-05-16➕BARR, Alan Andrew appointeddirector
- 2003-10-24➖LAWWELL, Peter Thomas resigneddirector
- 2003-04-30🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2002-10-17🔓Charge satisfied #3
- 2001-04-17🔓Charge satisfied #2
- 2000-09-22➕GREEN, David Simon appointedsecretary
- 2000-09-22➖SEMPLE, Mitchell Scott resignedsecretary
- 2000-06-30➖DAVIDSON, Euan Ferguson resigneddirector
- 2000-06-15➕LAWWELL, Peter Thomas appointeddirector
- 1999-03-29➕GREEN, David Simon appointeddirector
- 1998-11-15➖MCKELLAR, Peter resigneddirector
- 1997-10-21➖DAVIDSON, Euan Ferguson resignedsecretary
Showing most recent 50 of 72 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-07-26
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-03-30: legacy
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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|---|---|---|---|---|---|---|---|
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| ACACIA COACHES LTD→ SC551888 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1993-02-08
Jurisdictionscotland
Primary SIC50300 — SIC 50300
Registered office
16 Robertson Street
Glasgow
G2 8DS
Filing status
Accounts
Next due: —
Last made up to: 2015-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 16 resigned)
MARRISON GILL, Caroline Ruth→
Activesecretary · appointed 2009-07-31
View their other companies + combined net worth →
CHARNOCK, Ian Graeme Lloyd→
Activedirector · ~64y · appointed 2011-11-30
View their other companies + combined net worth →
WHITWORTH, Mark→
Activedirector · ~60y · appointed 2011-05-09
View their other companies + combined net worth →
BOWLEY, William John→
Resignedsecretary · appointed 2008-05-31 · resigned 2009-07-31
DAVIDSON, Euan Ferguson→
Resignedsecretary · appointed 1994-10-31 · resigned 1997-10-21
GREEN, David Simon→
Resignedsecretary · appointed 2000-09-22 · resigned 2008-05-31
JOHNSTON, George Penman→
Resignedsecretary · appointed 1993-07-13 · resigned 1994-10-31
SEMPLE, Mitchell Scott→
Resignedsecretary · appointed 1997-10-21 · resigned 2000-09-22
ALLISON, Thomas Eardley→
Resigneddirector · ~78y · appointed 1997-09-01 · resigned 2008-05-16
BARR, Alan Andrew→
Resigneddirector · ~59y · appointed 2008-05-16 · resigned 2011-05-09
DAVIDSON, Euan Ferguson→
Resigneddirector · ~68y · appointed 1994-10-31 · resigned 2000-06-30
GREEN, David Simon→
Resigneddirector · ~67y · appointed 1999-03-29 · resigned 2008-05-31
HAMILTON, Dawn→
Resignednominee-director · ~74y · appointed 1993-02-08 · resigned 1993-07-13
HUNT, David→
Resigneddirector · ~79y · appointed 1993-07-13 · resigned 1997-02-14
JOHNSTON, George Penman→
Resigneddirector · ~90y · appointed 1993-07-13 · resigned 1994-10-31
LAWWELL, Peter Thomas→
Resigneddirector · ~67y · appointed 2000-06-15 · resigned 2003-10-24
MACKAY, Margaret Mcdade→
Resigneddirector · ~64y · appointed 2008-05-31 · resigned 2014-05-30
MATHER, John→
Resigneddirector · ~90y · appointed 1993-07-13 · resigned 1997-05-06
MCKELLAR, Peter→
Resigneddirector · ~61y · appointed 1995-12-11 · resigned 1998-11-15
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 30/04/2003 | 12/12/2012 | |
| satisfied | British Steel British Steel PLC | Standard security | 1 property | 17/06/1994 | 02/09/1996 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 12/11/1993 | 17/10/2002 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Bond & floating charge | 1 property | 12/11/1993 | 17/04/2001 | |
| satisfied | British Steel British Steel PLC | Standard security | 1 property | 15/10/1993 | 02/09/1996 |
Recent filings (118 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-07-26
gazette-notice-voluntary
gazette · GAZ1(A)
2016-05-10
dissolution-application-strike-off-company
dissolution · DS01
2016-05-04
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2016-04-13
legacy
capital · SH20
2016-03-30
legacy
insolvency · CAP-SS
2016-03-30
resolution
resolution · RESOLUTIONS
2016-03-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-10
accounts-with-accounts-type-dormant
accounts · AA
2015-12-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-04
accounts-with-accounts-type-dormant
accounts · AA
2014-12-15
termination-director-company-with-name-termination-date
officers · TM01
2014-07-21
appoint-person-director-company-with-name
officers · AP01
2014-04-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-12
accounts-with-accounts-type-dormant
accounts · AA
2013-12-16