ERROL DEVELOPMENTS LIMITED
⚰️Wound downdissolved
SC151961 · ltd · incorporated 1994-07-14
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
63/100
Worth a look
What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 79). Share purchase looks the cleaner deal structure. 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: share sale to pe / searcher (65/100).
Data confidence
Overall: low (48/100)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
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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
- 2012-12-14📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-12-14🏁Company dissolved
- 2012-08-24📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-08-09📄dissolution-application-strike-off-companydissolution · DS01
- 2011-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-07-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-26📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-07📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2010-09-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-08-05📄annual-return-company-with-made-up-dateannual-return · AR01
- 2009-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-08-29📄legacyannual-return · 363a
- 2009-08-29📄legacyofficers · 288c
- 2009-08-29📄legacyofficers · 288a
- 2009-08-29📄legacyofficers · 288b
- 2009-06-01➕CLEGG, Andrew Jack, Secretary appointedsecretary
- 2009-06-01➖A & R ROBERTSON & BLACK WS resignedcorporate-secretary
- 2009-03-16📍legacyaddress · 287
- 2008-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-07-22📄legacyannual-return · 363a
- 2007-07-27📄legacyannual-return · 363a
- 2007-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-07-17📄legacyannual-return · 363a
- 2006-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-03-27📄legacyaccounts · 225
- 2005-07-18📄legacyofficers · 288c
- 2005-07-18📄legacyannual-return · 363s
- 2005-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2000-06-01➕A & R ROBERTSON & BLACK WS appointedcorporate-secretary
- 2000-05-31➖THORNTONS WS resignedcorporate-nominee-secretary
- 1997-07-31➖CHALLONER, Michael resigneddirector
- 1994-08-19➕CLEGG, Andrew Jack, Secretary appointeddirector
- 1994-08-19➕DEIGHTON, Martin William appointeddirector
- 1994-08-19➕CHALLONER, Michael appointeddirector
- 1994-08-19➖ROBERTSON, John Stewart resigneddirector
- 1994-07-14🏢Company incorporatedAs ERROL DEVELOPMENTS LIMITED
- 1994-07-14➕THORNTONS WS appointedcorporate-nominee-secretary
- 1994-07-14➕ROBERTSON, John Stewart appointeddirector
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 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — 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 79 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 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-12-14
🔒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 · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CLICK4CONVEYANCING LIMITED→ SC333789 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CLM ASSOCIATES (SCOTLAND) LIMITED→ SC293139 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CMS PROJECT MANAGEMENT LTD→ SC801700 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| COMING TO OUR SENSES LTD→ SC643311 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COPPER & CORE CONSULTING LTD→ SC838181 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CRABBIE CAPITAL LIMITED→ SC670366 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CRM FINANCIAL PLANNING LTD→ SC815354 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CROGA CONSULTING LTD→ SC580582 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CYSYS CONSULTING LTD→ SC477995 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| D H DOBIE LIMITED→ SC649156 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| D'ARCY THOMPSON SIMULATOR CENTRE LIMITED→ SC650625 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| D&G CONSTRUCTION SERVICES LTD→ SC868478 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1994-07-14
Jurisdictionscotland
Primary SIC7499 — SIC 7499
Registered office
14 Clinton Street
Newburgh
Cupar
Fife
KY14 6DP
Filing status
Accounts
Next due: —
Last made up to: 2010-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
CLEGG, Andrew Jack, Secretary→
Activesecretary · appointed 2009-06-01
View their other companies + combined net worth →
CLEGG, Andrew Jack, Secretary→
Activedirector · ~79y · appointed 1994-08-19
View their other companies + combined net worth →
DEIGHTON, Martin William→
Activedirector · ~66y · appointed 1994-08-19
View their other companies + combined net worth →
A & R ROBERTSON & BLACK WS→
Resignedcorporate-secretary · appointed 2000-06-01 · resigned 2009-06-01
THORNTONS WS→
Resignedcorporate-nominee-secretary · appointed 1994-07-14 · resigned 2000-05-31
CHALLONER, Michael→
Resigneddirector · ~80y · appointed 1994-08-19 · resigned 1997-07-31
ROBERTSON, John Stewart→
Resigneddirector · ~77y · appointed 1994-07-14 · resigned 1994-08-19
Click a director name to see their full track record across all companies.
Recent filings (61 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-12-14
gazette-notice-voluntary
gazette · GAZ1(A)
2012-08-24
dissolution-application-strike-off-company
dissolution · DS01
2012-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-09-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-07-26
change-person-director-company-with-change-date
officers · CH01
2011-07-26
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2010-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-09-16
annual-return-company-with-made-up-date
annual-return · AR01
2010-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-10-22
legacy
annual-return · 363a
2009-08-29
legacy
officers · 288c
2009-08-29
legacy
officers · 288a
2009-08-29
legacy
officers · 288b
2009-08-29
legacy
address · 287
2009-03-16