SP GAS LIMITED
⚰️Wound downdissolved
SC170918 · ltd · incorporated 1996-12-27
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
What this business does
Primary activity: SIC 35220
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 50/100. Strong seller-intent signal (65/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
Data confidence
Overall: low (47/100)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
23 officers (3 active, 23 linked, 13 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
109 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
49
Multiple red flags — proceed with caution.
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 (70 events)Click to expand
- 2020-06-03⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2020-06-03🏁Company dissolved
- 2020-03-03⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2017-05-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-03-06📄resolutionresolution · RESOLUTIONS
- 2014-12-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-03-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-09-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-03-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-04-10📄appoint-person-secretary-company-with-nameofficers · AP03
- 2012-04-10📄termination-secretary-company-with-nameofficers · TM02
- 2012-02-29➕DAVIES, Michael Howard appointedsecretary
- 2012-02-29➖REID, Janet Dorothy resignedsecretary
- 2012-02-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-03-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-02📄appoint-person-secretary-company-with-nameofficers · AP03
- 2011-02-02📄termination-secretary-company-with-nameofficers · TM02
- 2011-01-07➕REID, Janet Dorothy appointedsecretary
- 2011-01-07➖ROSS, Marie Isobel resignedsecretary
- 2010-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2010-03-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-16📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-10-24📄accounts-with-accounts-type-fullaccounts · AA
- 2009-05-29📄legacyofficers · 288a
- 2009-05-05📄legacyofficers · 288b
- 2009-04-30➕CONNELLY, Nicola Mary appointeddirector
- 2009-04-30➖HILL, David John resigneddirector
- 2007-10-26➖GREGG, Rhona resignedsecretary
- 2007-10-26➕ROSS, Marie Isobel appointedsecretary
- 2006-06-30➕GREGG, Rhona appointedsecretary
- 2006-06-30➖MCPHERSON, Donald James resignedsecretary
- 2006-02-27➕HILL, David John appointeddirector
- 2006-02-27➖WOOD, Stephen Alan resigneddirector
- 2006-01-17➕SUTHERLAND, James appointeddirector
- 2006-01-17➖RUTHERFORD, David resigneddirector
- 2005-09-30➖MCCULLOCH, Alan William resignedsecretary
- 2005-09-30➕MCPHERSON, Donald James appointedsecretary
- 2005-09-06➖NISH, David Thomas resigneddirector
- 2005-01-10➖MERCER, Ronnie Edward resigneddirector
- 2005-01-10➕NISH, David Thomas appointeddirector
- 2003-05-01➕MCCULLOCH, Alan William appointedsecretary
- 2003-05-01➖MITCHELL, Andrew Ross resignedsecretary
- 2003-04-01➕RUTHERFORD, David appointeddirector
- 2003-04-01➕WOOD, Stephen Alan appointeddirector
- 2003-03-31➖BERRY, Charles Andrew resigneddirector
Showing most recent 50 of 70 events
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-06-03
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2020-06-03: gazette-dissolved-liquidation; 2020-03-03: liquidation-voluntary-members-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 →Similar companies
Active · Energy & utilities · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ML1 SERVICES LTD→ SC744713 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NIVLAC MAINTENANCE LIMITED→ SC816841 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PHILIPHAUGH HYDRO LIMITED→ SC398239 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| POWER FACTOR SCOTLAND LTD→ SC282828 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| PROACTIVE ENERGY LIMITED→ SC351381 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PURE ALCHEMI LTD→ SC814162 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RELIANCE CONTRACTS GROUP LIMITED→ SC805685 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| RENEWABLE ENERGY VENTURES (BROTHERTON) LIMITED→ SC444855 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| RENEWABLE ENERGY VENTURES (GEVENS) LIMITED→ SC444848 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| RESPECT RECYCLING LTD→ SC761118 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| RESPONSE 24 ASBESTOS REMOVAL LTD→ SC649628 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ROLLYS BULK UPLIFTS LTD→ SC826868 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1996-12-27
Jurisdictionscotland
Primary SIC35220 — SIC 35220
Registered office
C/O Johnston Carmichael
227 West George Street
Glasgow
G2 2ND
Filing status
Accounts
Next due: —
Last made up to: 2013-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 20 resigned)
DAVIES, Michael Howard→
Activesecretary · appointed 2012-02-29
View their other companies + combined net worth →
CONNELLY, Nicola Mary→
Activedirector · ~56y · appointed 2009-04-30
View their other companies + combined net worth →
SUTHERLAND, James→
Activedirector · ~60y · appointed 2006-01-17
View their other companies + combined net worth →
DUFFIELD, Sheelagh Jane→
Resignedsecretary · appointed 1997-02-26 · resigned 1999-09-30
GREGG, Rhona→
Resignedsecretary · appointed 2006-06-30 · resigned 2007-10-26
MCCULLOCH, Alan William→
Resignedsecretary · appointed 2003-05-01 · resigned 2005-09-30
MCPHERSON, Donald James→
Resignedsecretary · appointed 2005-09-30 · resigned 2006-06-30
MITCHELL, Andrew Ross→
Resignedsecretary · appointed 1999-09-30 · resigned 2003-05-01
REID, Janet Dorothy→
Resignedsecretary · appointed 2011-01-07 · resigned 2012-02-29
ROSS, Marie Isobel→
Resignedsecretary · appointed 2007-10-26 · resigned 2011-01-07
DALGLEN SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-12-27 · resigned 1997-02-26
BERRY, Charles Andrew→
Resigneddirector · ~74y · appointed 1999-09-28 · resigned 2003-03-31
HILL, David John→
Resigneddirector · ~73y · appointed 2006-02-27 · resigned 2009-04-30
MENZIES, John Ivor Gibbons→
Resigneddirector · ~82y · appointed 2002-06-24 · resigned 2003-03-31
MERCER, Ronnie Edward→
Resigneddirector · ~82y · appointed 2002-06-24 · resigned 2005-01-10
NISH, David Thomas→
Resigneddirector · ~66y · appointed 2005-01-10 · resigned 2005-09-06
NISH, David Thomas→
Resigneddirector · ~66y · appointed 2002-04-01 · resigned 2002-06-24
RICHARDSON, Alan Victor, Prof→
Resigneddirector · ~80y · appointed 1997-02-26 · resigned 1999-09-28
RUTHERFORD, David→
Resigneddirector · ~63y · appointed 2003-04-01 · resigned 2006-01-17
VOWLES, Kenneth Leslie, Professor→
Resigneddirector · ~84y · appointed 1999-09-28 · resigned 2002-03-31
Click a director name to see their full track record across all companies.
Recent filings (109 total)
gazette-dissolved-liquidation
gazette · GAZ2
2020-06-03
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2020-03-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-05-30
resolution
resolution · RESOLUTIONS
2017-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-12-24
accounts-with-accounts-type-dormant
accounts · AA
2014-09-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-14
accounts-with-accounts-type-dormant
accounts · AA
2013-09-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-06
accounts-with-accounts-type-dormant
accounts · AA
2012-08-30
appoint-person-secretary-company-with-name
officers · AP03
2012-04-10
termination-secretary-company-with-name
officers · TM02
2012-04-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-22
accounts-with-accounts-type-dormant
accounts · AA
2011-09-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-09