LEDGE 574 LIMITED
⚰️Wound downdissolved
SC214982 · ltd · incorporated 2001-01-22
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 21.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 80/100. Strong seller-intent signal (88/100, director aged 74). 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
2 live charges · oldest 21.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 21.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: low (50/100)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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
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 (39 events)Click to expand
- 2012-07-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-07-27🏁Company dissolved
- 2012-04-06📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-03-26📄dissolution-application-strike-off-companydissolution · DS01
- 2012-02-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-02-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-02-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-02-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-02-12📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-12📄change-person-director-company-with-change-dateofficers · CH01
- 2009-04-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-02-27📄legacyannual-return · 363a
- 2009-02-23📄legacyofficers · 288b
- 2009-01-29📄legacyofficers · 288b
- 2009-01-29📍legacyaddress · 287
- 2009-01-21➖DM SECRETARIES LIMITED resignedcorporate-secretary
- 2008-04-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-02-25📄legacyannual-return · 363s
- 2007-10-09📄legacymortgage · 419a(Scot)
- 2007-10-09📄legacymortgage · 419a(Scot)
- 2007-10-09🔓Charge satisfied #2
- 2007-10-09🔓Charge satisfied #1
- 2007-03-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-02-09📄legacyannual-return · 363s
- 2007-01-15📍legacyaddress · 287
- 2007-01-15📄legacyofficers · 288c
- 2006-12-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-05-12🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2005-04-26🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2004-12-03➕MILLER, John appointeddirector
- 2003-09-18➕DM SECRETARIES LIMITED appointedcorporate-secretary
- 2003-09-18➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
- 2001-06-19➕CORBETT, John appointeddirector
- 2001-06-19➖DURANO LIMITED resignedcorporate-nominee-director
- 2001-01-22🏢Company incorporatedAs LEDGE 574 LIMITED
- 2001-01-22➕LEDINGHAM CHALMERS appointedcorporate-nominee-secretary
- 2001-01-22➕DURANO LIMITED appointedcorporate-nominee-director
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 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — 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 74 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 25 years. Very long tenure is a classic succession signal.
- 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-07-27
🔒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
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|---|---|---|---|---|---|---|---|
| AMRO DEVELOPMENT LIMITED→ SC539309 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AND CONNECT ELECTRICAL LIMITED→ SC550640 · 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 | — | — |
| AR SGP LIMITED→ SC649090 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARCHITECTURAL DESIGN PAISLEY LIMITED→ SC780678 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AREACENTRE LIMITED→ SC144187 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ARISAIG ELECTRICAL SERVICES LTD→ SC818159 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 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 | — | — |
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
Incorporated2001-01-22
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
24a Melville Street
Edinburgh
Midlothian
EH3 7NS
Filing status
Accounts
Next due: —
Last made up to: 2011-05-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
CORBETT, John→
Activedirector · ~72y · appointed 2001-06-19
View their other companies + combined net worth →
MILLER, John→
Activedirector · ~74y · appointed 2004-12-03
View their other companies + combined net worth →
DM SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2003-09-18 · resigned 2009-01-21
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 2001-01-22 · resigned 2003-09-18
DURANO LIMITED→
Resignedcorporate-nominee-director · appointed 2001-01-22 · resigned 2001-06-19
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 | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 12/05/2005 | 09/10/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 26/04/2005 | 09/10/2007 |
Recent filings (48 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-07-27
gazette-notice-voluntary
gazette · GAZ1(A)
2012-04-06
dissolution-application-strike-off-company
dissolution · DS01
2012-03-26
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-02-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-03-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-03-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-12
change-person-director-company-with-change-date
officers · CH01
2010-02-12
change-person-director-company-with-change-date
officers · CH01
2010-02-12
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-04-02
legacy
annual-return · 363a
2009-02-27
legacy
officers · 288b
2009-02-23
legacy
officers · 288b
2009-01-29