SCOTTISH RESOURCES GROUP LIMITED

⚰️Wound downdissolved
SC143746 · ltd · incorporated 1993-04-06
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
52/100
Worth a look
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 42/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 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

6 live charges · 5 lenders · oldest 31.3y

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 31.3 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 60/100 (high).

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
57 officers (5 active, 57 linked, 50 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
30 connected companies via shared directors
90
Filing history
306 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth 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
85
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 (145 events)Click to expand
  1. 2014-08-29
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2014-08-29
    🏁
    Company dissolved
  3. 2014-05-29
    ⚠️
    liquidation-in-administration-move-to-dissolution-scotland
    insolvency · 2.26B(Scot)
  4. 2014-05-29
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  5. 2014-02-06
    📄
    termination-director-company-with-name
    officers · TM01
  6. 2013-12-17
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  7. 2013-12-13
    MELGAARD, Ronald Gregory resigned
    director
  8. 2013-11-18
    📄
    termination-secretary-company-with-name
    officers · TM02
  9. 2013-11-14
    FERGUSON, Peter Joseph resigned
    secretary
  10. 2013-11-13
    📄
    termination-director-company-with-name
    officers · TM01
  11. 2013-11-12
    MATHERS, Roderick William resigned
    director
  12. 2013-11-01
    📄
    termination-director-company-with-name
    officers · TM01
  13. 2013-10-14
    FOSTER, Andrew Howard resigned
    director
  14. 2013-08-08
    ⚠️
    liquidation-in-administration-deemed-proposal-scotland
    insolvency · 2.16BZ(Scot)
  15. 2013-07-22
    ⚠️
    liquidation-in-administration-proposals-scotland
    insolvency · 2.16B(Scot)
  16. 2013-06-27
    ⚠️
    liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
    insolvency · 2.15B(Scot)
  17. 2013-06-03
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  18. 2013-05-29
    ⚠️
    liquidation-in-administration-appointment-of-administrator-scotland
    insolvency · 2.11B(Scot)
  19. 2013-05-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2013-02-05
    📄
    termination-director-company-with-name
    officers · TM01
  21. 2013-01-31
    PRINGLE, Aileen resigned
    director
  22. 2012-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2012-12-21
    📄
    appoint-person-director-company-with-name
    officers · AP01
  24. 2012-12-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  25. 2012-11-29
    FOSTER, Andrew Howard appointed
    director
  26. 2012-11-22
    📄
    termination-director-company-with-name
    officers · TM01
  27. 2012-11-09
    MCPHERSON, Ian Gordon Sutherland resigned
    director
  28. 2012-11-05
    📄
    appoint-person-director-company-with-name
    officers · AP01
  29. 2012-10-25
    MCPHERSON, Malcolm Henry appointed
    director
  30. 2012-08-22
    📄
    termination-director-company-with-name
    officers · TM01
  31. 2012-07-25
    FOSTER, Andrew Howard resigned
    director
  32. 2012-05-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  33. 2011-11-22
    📄
    termination-director-company-with-name
    officers · TM01
  34. 2011-11-21
    NICOLSON, Donald Oag resigned
    director
  35. 2011-09-27
    📄
    accounts-with-accounts-type-group
    accounts · AA
  36. 2011-09-06
    ✏️
    certificate-re-registration-public-limited-company-to-private
    change-of-name · CERT10
  37. 2011-02-24
    PRINGLE, Aileen appointed
    director
  38. 2011-01-19
    MCPHERSON, Ian Gordon Sutherland appointed
    director
  39. 2010-12-16
    MATHERS, Roderick William appointed
    director
  40. 2010-12-13
    PARKER, Nicholas Sherren resigned
    director
  41. 2010-12-03
    MAHON, Sean Patrick Lauritson, Mr. resigned
    director
  42. 2010-10-20
    GUEST, Nicholas Leigh resigned
    director
  43. 2010-10-20
    SOMERVILLE, Alan John resigned
    director
  44. 2010-03-30
    🔓
    Charge satisfied #6
  45. 2010-03-30
    🔓
    Charge satisfied #2
  46. 2010-03-25
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  47. 2010-02-01
    CRABB, Niall Crawford resigned
    director
  48. 2010-02-01
    SMYTH, Patrick Joseph resigned
    director
  49. 2010-01-28
    STAPLES, Brian Lynn resigned
    director
  50. 2009-12-30
    PARKER, Nicholas Sherren appointed
    director
Showing most recent 50 of 145 events

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 84 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 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 · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2014-08-29

8 insolvency-related filings on record
high

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

Evidence: 2014-08-29: gazette-dissolved-liquidation; 2014-05-29: liquidation-in-administration-move-to-dissolution-scotland

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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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

Statusdissolved
Typeltd
Incorporated1993-04-06
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

191 West George Street
Glasgow
Lanarkshire
G2 2LJ

Filing status

Accounts
Next due:
Last made up to: 2011-03-26
Confirmation statement
Next due:
Last:

Officers (0 active · 52 resigned)

CORNES, Colin
director · ~84y · appointed 2000-03-20
View their other companies + combined net worth →
Active
CORNES, Samuel
director · ~52y · appointed 2002-12-17
View their other companies + combined net worth →
Active
LINDSAY, James Randolph, Earl Of Lindsay
director · ~71y · appointed 2001-02-06
View their other companies + combined net worth →
Active
MCPHERSON, Malcolm Henry
director · ~72y · appointed 2012-10-25
View their other companies + combined net worth →
Active
WILSON, Brian David Henderson, Rt Hon
director · ~78y · appointed 2006-07-13
View their other companies + combined net worth →
Active
FERGUSON, Peter Joseph
secretary · appointed 2006-09-29 · resigned 2013-11-14
Resigned
FREEDMAN, Leonard
nominee-secretary · appointed 1993-05-07 · resigned 1994-03-22
Resigned
REEVES, Martin Leslie
secretary · appointed 1995-12-18 · resigned 1999-07-27
Resigned
TRAYNOR, Alexander Garvie
secretary · appointed 1999-07-28 · resigned 2006-09-29
Resigned
HMS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1994-03-22 · resigned 1995-12-18
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1993-04-06 · resigned 1993-05-07
Resigned
BANKIER, Ian Patrick
director · ~74y · appointed 1994-05-30 · resigned 1994-06-03
Resigned
BOWIE, Allan
director · ~62y · appointed 2006-04-27 · resigned 2006-12-12
Resigned
BREWER, David
director · ~80y · appointed 1995-01-01 · resigned 1996-12-23
Resigned
CHRISTIE, Campbell, Dr
director · ~89y · appointed 1993-07-07 · resigned 2002-06-30
Resigned
CORNES, Colin
director · ~84y · appointed 1994-12-29 · resigned 1998-04-01
Resigned
CRABB, Niall Crawford
director · ~75y · appointed 2007-05-10 · resigned 2010-02-01
Resigned
CRABB, Niall Crawford
director · ~75y · appointed 1995-02-24 · resigned 1998-05-10
Resigned
CUSTIS, Patrick James
director · ~105y · appointed 1993-11-01 · resigned 1994-12-29
Resigned
DOW, William Ramsay
director · ~73y · appointed 1995-02-20 · resigned 1998-05-10
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property25/03/2010
satisfied
E.on UK
E.on UK PLC
Floating charge1 property19/12/200730/03/2010
satisfied
Scottish Power
Scottish Power PLC
Floating charge1 property10/05/199829/07/2003
outstanding
The Secretary of State for Trade and Industry
Floating charge1 property10/05/1998
outstanding
The Secretary of State for Trade and Industry
Floating charge1 property30/12/1994
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee and Others
Floating charge1 property29/12/199430/03/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (306 total)

gazette-dissolved-liquidation
gazette · GAZ2
2014-08-29
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2014-05-29
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-05-29
termination-director-company-with-name
officers · TM01
2014-02-06
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-12-17
termination-secretary-company-with-name
officers · TM02
2013-11-18
termination-director-company-with-name
officers · TM01
2013-11-13
termination-director-company-with-name
officers · TM01
2013-11-01
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2013-08-08
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2013-07-22
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2013-06-27
change-registered-office-address-company-with-date-old-address
address · AD01
2013-06-03
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2013-05-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-28
termination-director-company-with-name
officers · TM01
2013-02-05