MRDS (LINDENS) LIMITED

⚰️Wound downdissolved
SC212913 · ltd · incorporated 2000-11-17
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 25.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
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 63/100 (worth a look), bankability 80/100. Strong seller-intent signal (75/100, director aged 61). 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 (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 25.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 25.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 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
73 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
85
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 (59 events)Click to expand
  1. 2013-01-11
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2013-01-11
    🏁
    Company dissolved
  3. 2012-09-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-09-03
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-06-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2012-05-16
    ➖
    SMYTH, Pamela June resigned
    secretary
  7. 2012-01-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2011-07-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2011-05-31
    📄
    appoint-person-director-company-with-name
    officers · AP01
  10. 2011-05-25
    📄
    legacy
    mortgage · MG02s
  11. 2011-05-25
    📄
    legacy
    mortgage · MG02s
  12. 2011-05-25
    📄
    legacy
    mortgage · MG03s
  13. 2011-05-23
    🔓
    Charge satisfied #3
  14. 2011-05-23
    🔓
    Charge satisfied #2
  15. 2011-05-23
    🔓
    Charge satisfied #1
  16. 2011-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2011-04-22
    📄
    termination-director-company-with-name
    officers · TM01
  18. 2011-03-29
    ➕
    MURDOCH, Ian appointed
    director
  19. 2011-03-29
    ➖
    ANDERSON, Ewan Thomas resigned
    director
  20. 2011-01-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2011-01-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  22. 2010-09-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2010-05-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2010-01-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2009-10-23
    📄
    appoint-person-director-company-with-name
    officers · AP01
  26. 2009-09-30
    ➖
    MILLS, Stanley resigned
    director
  27. 2009-09-30
    📄
    legacy
    officers · 288b
  28. 2009-09-14
    ➕
    JACKSON, Julie Mansfield appointed
    director
  29. 2009-02-14
    📄
    accounts-with-made-up-date
    accounts · AA
  30. 2009-01-15
    📄
    legacy
    annual-return · 363a
  31. 2008-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  32. 2008-01-09
    📄
    legacy
    annual-return · 363a
  33. 2007-08-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  34. 2006-12-21
    📄
    legacy
    annual-return · 363a
  35. 2004-09-30
    ➖
    MACKAY, Ian Hugh resigned
    director
  36. 2004-01-15
    ➕
    MILLS, Stanley appointed
    director
  37. 2003-11-27
    ➖
    LINDER, Albert William resigned
    director
  38. 2003-02-14
    ➕
    MACKAY, Ian Hugh appointed
    director
  39. 2003-02-14
    ➖
    REID, Andrew Richard resigned
    director
  40. 2002-08-30
    ➖
    MACKINNON, Iain Lachlan resigned
    secretary
  41. 2002-08-30
    ➕
    SMYTH, Pamela June appointed
    secretary
  42. 2002-05-03
    ➖
    STEVENSON, Robert Ronney resigned
    director
  43. 2002-01-21
    ➖
    DONALDSON, Euan James resigned
    secretary
  44. 2002-01-21
    ➕
    MACKINNON, Iain Lachlan appointed
    secretary
  45. 2001-11-05
    ➕
    ANDERSON, Ewan Thomas appointed
    director
  46. 2001-11-05
    ➖
    TALBOT, Philip resigned
    director
  47. 2001-04-05
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  48. 2001-04-03
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  49. 2001-02-19
    🔒
    Charge registered #1
    Lender: Miller Residential Development Services Limited
  50. 2000-12-13
    ➕
    LINDER, Albert William appointed
    director
Showing most recent 50 of 59 events

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +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 signal

Multiple 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

1 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2013-01-11

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 →

Similar companies

Active · Construction · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A TICKHILL AND SONS LTD→
SC799966 · est 2024 · no financials extracted
————2y——
AMRO DEVELOPMENT LIMITED→
SC539309 · est 2016 · no financials extracted
————9y——
AOP ASSOCIATES LTD→
SC615117 · est 2018 · no financials extracted
————7y——
APEX FIRE & SECURITY LIMITED→
SC350599 · est 2008 · no financials extracted
————17y——
AQUARIUS THERMAL SYSTEMS LTD→
SC313788 · est 2006 · no financials extracted
————19y——
AREACENTRE LIMITED→
SC144187 · est 1993 · no financials extracted
————32y——
ARK DEV LTD→
SC835253 · est 2025 · no financials extracted
————1y——
ARMIK INVESTMENTS LTD→
SC771761 · est 2023 · no financials extracted
————2y——
ARMITSCOT DEVELOPMENTS LIMITED→
SC053538 · est 1973 · no financials extracted
————52y——
ARONA INC LTD→
SC660560 · est 2020 · no financials extracted
————5y——
ARTISAN EDINBURGH SHANDON LIMITED→
SC777015 · est 2023 · no financials extracted
————2y——
ARTISAN GLASGOW INGRAM LIMITED→
SC704865 · est 2021 · no financials extracted
————4y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2000-11-17
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

Miller House
2 Lochside View
Edinburgh Park
Edinburgh
EH12 9DH

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→
director · ~61y · appointed 2009-09-14
View their other companies + combined net worth →
Active
MURDOCH, Ian→
director · ~56y · appointed 2011-03-29
View their other companies + combined net worth →
Active
DONALDSON, Euan James→
secretary · appointed 2000-12-05 · resigned 2002-01-21
Resigned
MACKINNON, Iain Lachlan→
secretary · appointed 2002-01-21 · resigned 2002-08-30
Resigned
SMYTH, Pamela June→
secretary · appointed 2002-08-30 · resigned 2012-05-16
Resigned
DM COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 2000-11-17 · resigned 2000-12-05
Resigned
ANDERSON, Ewan Thomas→
director · ~60y · appointed 2001-11-05 · resigned 2011-03-29
Resigned
LINDER, Albert William→
director · ~60y · appointed 2000-12-13 · resigned 2003-11-27
Resigned
MACKAY, Ian Hugh→
director · ~79y · appointed 2003-02-14 · resigned 2004-09-30
Resigned
MILLS, Stanley→
director · ~78y · appointed 2004-01-15 · resigned 2009-09-30
Resigned
REID, Andrew Richard→
director · ~71y · appointed 2000-12-05 · resigned 2003-02-14
Resigned
STEVENSON, Robert Ronney→
director · ~68y · appointed 2000-12-13 · resigned 2002-05-03
Resigned
TALBOT, Philip→
director · ~60y · appointed 2000-12-05 · resigned 2001-11-05
Resigned
DM DIRECTOR LIMITED→
corporate-nominee-director · appointed 2000-11-17 · resigned 2000-12-05
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/04/200123/05/2011
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property03/04/200123/05/2011
satisfied
Miller Residential Development Services
Miller Residential Development Services Limited
Standard security1 property19/02/200123/05/2011

Recent filings (73 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-01-11
gazette-notice-voluntary
gazette · GAZ1(A)
2012-09-21
dissolution-application-strike-off-company
dissolution · DS01
2012-09-03
termination-secretary-company-with-name-termination-date
officers · TM02
2012-06-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-01-06
accounts-with-accounts-type-dormant
accounts · AA
2011-07-20
appoint-person-director-company-with-name
officers · AP01
2011-05-31
legacy
mortgage · MG02s
2011-05-25
legacy
mortgage · MG02s
2011-05-25
legacy
mortgage · MG03s
2011-05-25
change-person-director-company-with-change-date
officers · CH01
2011-05-20
termination-director-company-with-name
officers · TM01
2011-04-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-01-10
change-person-secretary-company-with-change-date
officers · CH03
2011-01-04
change-person-director-company-with-change-date
officers · CH01
2010-09-07