FM ST VINCENT STREET LIMITED
Opportunity 50/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. 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.
Refinance opportunity
5 live charges · 2 lenders · oldest 24.5y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (43 events)Click to expand
- 2011-11-25⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2011-11-25🏁Company dissolved
- 2011-08-25⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2011-03-30⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2011-01-24⚠️liquidation-administration-insufficient-property-scotlandinsolvency · 2.32B(Scot)
- 2010-09-21⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-08-25⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2010-04-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-02-22⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2009-10-13⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2009-09-08📍legacyaddress · 287
- 2009-04-27⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2009-04-15⚠️liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attachedinsolvency · 2.15B(Scot)
- 2009-03-16⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2009-03-06📍legacyaddress · 287
- 2009-02-19📄legacyannual-return · 363a
- 2008-07-02📄accounts-with-accounts-type-fullaccounts · AA
- 2007-11-15📄legacyannual-return · 363s
- 2007-04-30📄accounts-with-accounts-type-fullaccounts · AA
- 2006-11-08📄legacyannual-return · 363s
- 2006-04-20📄accounts-with-accounts-type-fullaccounts · AA
- 2005-10-26📄legacyannual-return · 363s
- 2005-01-20📄accounts-with-accounts-type-fullaccounts · AA
- 2004-10-22📄legacyannual-return · 363s
- 2003-12-11📄accounts-with-accounts-type-fullaccounts · AA
- 2003-11-22📍legacyaddress · 287
- 2003-07-04🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 2003-07-02🔓Charge satisfied #2
- 2003-07-02🔓Charge satisfied #1
- 2003-06-23🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2003-02-05🔓Charge satisfied #3
- 2002-04-18🔒Charge registered #3Lender: Aib Group (UK) PLC
- 2001-11-01🔒Charge registered #2Lender: Aib Group (UK) PLC
- 2001-10-16🔒Charge registered #1Lender: Aib Group (UK) PLC
- 2001-10-11🏢Company incorporatedAs FM ST VINCENT STREET LIMITED
- 2001-10-11➕MILNE, Jonathon Alexander appointedsecretary
- 2001-10-11➕FORBES, John Inglis appointeddirector
- 2001-10-11➕MILNE, John Todd appointeddirector
- 2001-10-11➕MILNE, Jonathon Alexander appointeddirector
- 2001-10-11➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2001-10-11➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2001-10-11➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
- 2001-10-11➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- 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
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-11-25
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-11-25: gazette-dissolved-liquidation; 2011-08-25: liquidation-in-administration-move-to-dissolution-scotland
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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10 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 →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
Registered office
Filing status
Officers (0 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Commercial property standard security | 1 property | 04/07/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 23/06/2003 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Standard security | 1 property | 18/04/2002 | 05/02/2003 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Standard security | 1 property | 01/11/2001 | 02/07/2003 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Floating charge | 1 property | 16/10/2001 | 02/07/2003 |