LINDSAY HOLDINGS LIMITED
⚰️Wound downdissolved
SC157597 · ltd · incorporated 1995-04-13
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
62/100
Worth a look
What this business does
Primary activity: SIC 9999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 62/100. Strong seller-intent signal (78/100, director aged 68). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 30.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 30.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (52/100)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
15 officers (2 active, 15 linked, 9 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
59
Some moderate concerns — review flags.
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 (65 events)Click to expand
- 2012-07-13📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-07-13🏁Company dissolved
- 2012-03-23📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-03-07📄dissolution-application-strike-off-companydissolution · DS01
- 2011-09-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2011-04-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-15📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-07📄appoint-person-director-company-with-nameofficers · AP01
- 2010-09-21➕JORDAN, Alan James appointeddirector
- 2010-09-21📄termination-director-company-with-nameofficers · TM01
- 2010-09-21📄termination-secretary-company-with-nameofficers · TM02
- 2010-09-21📄accounts-with-accounts-type-fullaccounts · AA
- 2010-08-31➖WOOD, Andrew Simon resignedsecretary
- 2010-08-31➖WOOD, Andrew Simon resigneddirector
- 2010-08-09📄legacymortgage · MG01s
- 2010-08-09📄legacymortgage · MG01s
- 2010-07-23🔒Charge registered #6Lender: Barclays Bank PLC
- 2010-07-23🔒Charge registered #5Lender: Barclays Bank PLC
- 2010-05-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-25📄appoint-person-director-company-with-nameofficers · AP01
- 2010-02-25📄termination-director-company-with-nameofficers · TM01
- 2010-02-01➕D'AMMASSA, Carl Mark appointeddirector
- 2010-02-01➖SIMCOX, Andrew James resigneddirector
- 2009-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2009-05-06📄legacyannual-return · 363a
- 2009-05-06📍legacyaddress · 287
- 2009-05-06📍legacyaddress · 353
- 2009-05-06📍legacyaddress · 190
- 2008-10-29📄accounts-with-accounts-type-fullaccounts · AA
- 2008-05-07📄legacyannual-return · 363a
- 2008-05-07📍legacyaddress · 287
- 2008-05-07📄legacyofficers · 288c
- 2006-04-11🔓Charge satisfied #3
- 2006-04-04🔓Charge satisfied #4
- 2006-04-04🔓Charge satisfied #2
- 2005-03-03🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland as Security Trustee
- 2004-02-20➖SEYMOUR, Paul Richard resignedsecretary
- 2004-02-20➕WOOD, Andrew Simon appointedsecretary
- 2003-06-24➕WOOD, Andrew Simon appointeddirector
- 2003-05-01➖ADDIS, Jonathan Peter resignedsecretary
- 2003-05-01➕SEYMOUR, Paul Richard appointedsecretary
- 2003-03-04🔓Charge satisfied #1
- 2003-02-21➖MURTAGH, Joseph resigneddirector
- 2003-02-21🔒Charge registered #3Lender: Bridgepoint Capital (Nominees) Limited
- 2003-02-21🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2003-02-20➕ADDIS, Jonathan Peter appointedsecretary
- 2003-02-20➖MCCARROLL, Peter resignedsecretary
- 2003-02-20➖HUME, John Montgomery resigneddirector
- 2003-02-20➕SIMCOX, Andrew James appointeddirector
Showing most recent 50 of 65 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 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
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 68. 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 16 years.
- secondaryStable-but-static management: Company is 31 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-07-13
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 · Other · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A KALM AND KLEAR MIND LTD→ SC673534 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBEY IMPORT/EXPORT L.P.→ SL008023 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABBEYDALE DEVELOPMENTS L.P.→ SL019333 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ABBEYWOOD ENTERPRISES L.P.→ SL007466 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ABSOLUTE SUPPORT L.P.→ SL009580 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ACCLAIMED TECHNOLOGY L.P.→ SL015015 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACTIVEX SERVICES LP→ SL008901 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADMIRAL INTERNATIONAL L.P.→ SL028869 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADMIRAL OVERSEAS L.P.→ SL011958 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ADVANCE BUSINESS SYSTEMS L.P.→ SL019334 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVANCE TECHNOLOGY SUPPORT L.P.→ SL015445 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ADVANCED TECHNICAL SUPPORT L.P.→ SL020147 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated1995-04-13
Jurisdictionscotland
Primary SIC9999 — SIC 9999
Registered office
C/O Hydrex Equipment (Uk) Ltd
Duntilland Road
Salsburgh
North Lanarkshire
ML7 4NZ
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2009-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 13 resigned)
D'AMMASSA, Carl Mark→
Activedirector · ~53y · appointed 2010-02-01
View their other companies + combined net worth →
JORDAN, Alan James→
Activedirector · ~68y · appointed 2010-09-21
View their other companies + combined net worth →
ADDIS, Jonathan Peter→
Resignedsecretary · appointed 2003-02-20 · resigned 2003-05-01
GARVEY, Paul Maurice→
Resignedsecretary · appointed 1995-05-23 · resigned 2000-07-07
MCCARROLL, Peter→
Resignedsecretary · appointed 2000-07-07 · resigned 2003-02-20
SEYMOUR, Paul Richard→
Resignedsecretary · appointed 2003-05-01 · resigned 2004-02-20
WOOD, Andrew Simon→
Resignedsecretary · appointed 2004-02-20 · resigned 2010-08-31
QUEENSFERRY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-04-13 · resigned 1995-05-23
GARVEY, Paul Maurice→
Resigneddirector · ~74y · appointed 1995-04-13 · resigned 2002-08-21
HUME, John Montgomery→
Resigneddirector · ~82y · appointed 1998-06-11 · resigned 2003-02-20
KEARNEY, Douglas Richard→
Resigneddirector · ~71y · appointed 1995-05-23 · resigned 2001-03-30
LINDSAY, George Duncan→
Resigneddirector · ~81y · appointed 1995-05-23 · resigned 1997-08-25
MURTAGH, Joseph→
Resigneddirector · ~75y · appointed 2002-01-30 · resigned 2003-02-21
SIMCOX, Andrew James→
Resigneddirector · ~70y · appointed 2003-02-20 · resigned 2010-02-01
WOOD, Andrew Simon→
Resigneddirector · ~64y · appointed 2003-06-24 · resigned 2010-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Accession deed | 1 property | 23/07/2010 | — | |
| outstanding | Barclays Barclays Bank PLC | Floating charge | 1 property | 23/07/2010 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland as Security Trustee | Floating charge | 1 property | 03/03/2005 | 04/04/2006 | |
| satisfied | Bridgepoint Capital (Nominees) Bridgepoint Capital (Nominees) Limited | Floating charge | 3 properties | 21/02/2003 | 11/04/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 21/02/2003 | 04/04/2006 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 23/05/1995 | 04/03/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-07-13
gazette-notice-voluntary
gazette · GAZ1(A)
2012-03-23
dissolution-application-strike-off-company
dissolution · DS01
2012-03-07
change-account-reference-date-company-previous-extended
accounts · AA01
2011-09-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-04-15
change-person-director-company-with-change-date
officers · CH01
2011-04-15
appoint-person-director-company-with-name
officers · AP01
2010-10-07
termination-director-company-with-name
officers · TM01
2010-09-21
termination-secretary-company-with-name
officers · TM02
2010-09-21
accounts-with-accounts-type-full
accounts · AA
2010-09-21
legacy
mortgage · MG01s
2010-08-09
legacy
mortgage · MG01s
2010-08-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-05-20
change-person-director-company-with-change-date
officers · CH01
2010-05-20
appoint-person-director-company-with-name
officers · AP01
2010-02-25