LOWLAND PLAID LIMITED
⚰️Wound downdissolved
SC212582 · ltd · incorporated 2000-11-06
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 24.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 60/100. Strong seller-intent signal (75/100, director aged 61). 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 (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · oldest 24.6y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 24.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 9 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
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 (57 events)Click to expand
- 2025-01-04⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-01-04🏁Company dissolved
- 2024-10-04⚠️liquidation-compulsory-return-final-meeting-court-scotlandinsolvency · WU15(Scot)
- 2015-01-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2013-11-13📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-10-09📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-10-08⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2012-10-08⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2012-05-24📄termination-secretary-company-with-nameofficers · TM02
- 2012-05-16➖SMYTH, Pamela June resignedsecretary
- 2012-01-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-05-31📄appoint-person-director-company-with-nameofficers · AP01
- 2011-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2011-05-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-04-22📄termination-director-company-with-nameofficers · TM01
- 2011-03-29➕MURDOCH, Ian appointeddirector
- 2011-03-29➖ANDERSON, Ewan Thomas resigneddirector
- 2010-12-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-08-13📄change-person-director-company-with-change-dateofficers · CH01
- 2010-05-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-12-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-10-23📄appoint-person-director-company-with-nameofficers · AP01
- 2009-09-30➖MILLS, Stanley resigneddirector
- 2009-09-30📄legacyofficers · 288b
- 2009-09-14➕JACKSON, Julie Mansfield appointeddirector
- 2009-02-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2008-12-24📄legacyannual-return · 363a
- 2008-07-02📄accounts-with-accounts-type-fullaccounts · AA
- 2007-12-21📄legacyannual-return · 363a
- 2007-08-28📄accounts-with-accounts-type-fullaccounts · AA
- 2006-06-21➕MILLS, Stanley appointeddirector
- 2005-12-06➖BELL, Darren resigneddirector
- 2004-07-22🔓Charge satisfied #2
- 2004-07-22🔓Charge satisfied #1
- 2003-11-21➖ASPLIN, John Robert resigneddirector
- 2003-11-21➖MACKENZIE, Hugh David resigneddirector
- 2003-02-14➕BELL, Darren appointeddirector
- 2003-02-14➖MACKAY, Ian Hugh resigneddirector
- 2002-08-30➖MACKINNON, Iain Lachlan resignedsecretary
- 2002-08-30➕SMYTH, Pamela June appointedsecretary
- 2002-01-21➖DONALDSON, Euan James resignedsecretary
- 2002-01-21➕MACKINNON, Iain Lachlan appointedsecretary
- 2001-11-05➕ANDERSON, Ewan Thomas appointeddirector
- 2001-11-05➖TALBOT, Philip resigneddirector
- 2001-10-09🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2001-09-06🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2000-11-06🏢Company incorporatedAs LOWLAND PLAID LIMITED
- 2000-11-06➕DONALDSON, Euan James appointedsecretary
- 2000-11-06➕YORK PLACE COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
Showing most recent 50 of 57 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 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 25 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 2025-01-04
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-01-04: gazette-dissolved-liquidation; 2024-10-04: liquidation-compulsory-return-final-meeting-court-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 · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A HANNAH GAS SERVICES LTD→ SC662533 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACRE ROAD (GLASGOW) DEVELOPMENTS LTD→ SC710174 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACRES DEVELOPMENT & CONSTRUCTION SERVICES LTD→ SC823444 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEPT MULTI TRADE LIMITED→ SC719991 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADM 2010 LTD→ SC388883 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADR FENCING SCOTLAND LTD→ SC818113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AF ROOFING & FACADES LTD→ SC750677 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AFFLUENCE ASSETS LTD→ SC851325 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFFORDABLE TRADERS LIMITED→ SC846664 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFG SCOTLAND LIMITED→ SC323857 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AG SURVEY SOLUTIONS LIMITED→ SC577388 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGM CONSTRUCTION MANAGEMENT LIMITED→ SC861956 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2000-11-06
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings
Registered office
2nd Floor 18 Bothwell Street
Glasgow
G2 6QY
Filing status
Accounts
Next due: —
Last made up to: 2010-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 12 resigned)
JACKSON, Julie Mansfield→
Activedirector · ~61y · appointed 2009-09-14
View their other companies + combined net worth →
MURDOCH, Ian→
Activedirector · ~56y · appointed 2011-03-29
View their other companies + combined net worth →
DONALDSON, Euan James→
Resignedsecretary · appointed 2000-11-06 · resigned 2002-01-21
MACKINNON, Iain Lachlan→
Resignedsecretary · appointed 2002-01-21 · resigned 2002-08-30
SMYTH, Pamela June→
Resignedsecretary · appointed 2002-08-30 · resigned 2012-05-16
YORK PLACE COMPANY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-11-06 · resigned 2000-11-06
ANDERSON, Ewan Thomas→
Resigneddirector · ~60y · appointed 2001-11-05 · resigned 2011-03-29
ASPLIN, John Robert→
Resigneddirector · ~60y · appointed 2000-11-06 · resigned 2003-11-21
BELL, Darren→
Resigneddirector · ~60y · appointed 2003-02-14 · resigned 2005-12-06
MACKAY, Ian Hugh→
Resigneddirector · ~79y · appointed 2000-11-06 · resigned 2003-02-14
MACKENZIE, Hugh David→
Resigneddirector · ~63y · appointed 2000-11-06 · resigned 2003-11-21
MILLS, Stanley→
Resigneddirector · ~78y · appointed 2006-06-21 · resigned 2009-09-30
TALBOT, Philip→
Resigneddirector · ~60y · appointed 2000-11-06 · resigned 2001-11-05
YORK PLACE COMPANY NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2000-11-06 · resigned 2000-11-06
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 09/10/2001 | 22/07/2004 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 06/09/2001 | 22/07/2004 |
Recent filings (75 total)
gazette-dissolved-liquidation
gazette · GAZ2
2025-01-04
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2024-10-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-01-19
change-registered-office-address-company-with-date-old-address
address · AD01
2013-11-13
change-registered-office-address-company-with-date-old-address
address · AD01
2012-10-09
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2012-10-08
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2012-10-08
termination-secretary-company-with-name
officers · TM02
2012-05-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-01-05
appoint-person-director-company-with-name
officers · AP01
2011-05-31
change-person-director-company-with-change-date
officers · CH01
2011-05-20
accounts-with-accounts-type-dormant
accounts · AA
2011-05-12
termination-director-company-with-name
officers · TM01
2011-04-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-12-24
change-person-secretary-company-with-change-date
officers · CH03
2010-12-21