THE SUSTAINABLE DEVELOPMENT RESEARCH CENTRE

⚰️Wound downdissolved
SC248124 · private-limited-guarant-nsc-limited-exemption · incorporated 2003-04-22
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 22.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: SIC 7310
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
14 officers (4 active, 14 linked, 7 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
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 (54 events)Click to expand
  1. 2012-05-25
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2012-05-25
    🏁
    Company dissolved
  3. 2012-02-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2011-08-11
    📄
    legacy
    mortgage · MG03s
  5. 2011-08-10
    🔓
    Charge satisfied #1
  6. 2010-10-26
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2010-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2009-07-29
    📄
    legacy
    officers · 288b
  9. 2009-07-24
    HMS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  10. 2009-05-12
    📄
    legacy
    annual-return · 363a
  11. 2009-05-12
    📄
    legacy
    officers · 288c
  12. 2009-04-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2009-03-04
    📄
    legacy
    officers · 288b
  14. 2009-02-26
    CAMPBELL, Gary Iain resigned
    director
  15. 2008-06-05
    📄
    legacy
    annual-return · 363a
  16. 2008-04-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2007-04-24
    📄
    legacy
    annual-return · 363a
  18. 2007-04-24
    📄
    legacy
    officers · 288c
  19. 2007-04-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2006-12-08
    📄
    legacy
    officers · 288a
  21. 2006-12-06
    📄
    legacy
    officers · 288a
  22. 2006-11-01
    MUNDIE, Douglas Stewart appointed
    director
  23. 2006-09-13
    📍
    legacy
    address · 353
  24. 2006-08-10
    📄
    legacy
    annual-return · 363s
  25. 2006-08-10
    📄
    legacy
    annual-return · 363(287)
  26. 2006-08-10
    📄
    legacy
    officers · 288a
  27. 2006-08-10
    📄
    legacy
    officers · 288b
  28. 2006-08-03
    MORRISON, Bruce appointed
    director
  29. 2006-07-18
    BRODIES SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  30. 2006-07-18
    HMS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 2006-03-08
    📄
    mortgage-alter-floating-charge
    mortgage · 466(Scot)
  32. 2006-03-08
    📄
    mortgage-alter-floating-charge
    mortgage · 466(Scot)
  33. 2006-02-11
    📄
    legacy
    mortgage · 410(Scot)
  34. 2006-01-24
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  35. 2005-01-13
    LINGARD, Robin Anthony appointed
    director
  36. 2005-01-13
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  37. 2005-01-13
    TENON LIMITED resigned
    corporate-secretary
  38. 2005-01-13
    CAMPBELL, Gary Iain appointed
    director
  39. 2004-04-19
    LOGAN, Hugh resigned
    director
  40. 2004-03-25
    🔒
    Charge registered #1
    Lender: Moray Badenoch and Strathspey Enterprise Company Limited
  41. 2004-03-17
    TINSLEY, Stephen John, Dr resigned
    secretary
  42. 2004-03-15
    TENON LIMITED appointed
    corporate-secretary
  43. 2004-03-15
    REID, David resigned
    director
  44. 2003-04-22
    🏢
    Company incorporated
    As THE SUSTAINABLE DEVELOPMENT RESEARCH CENTRE
  45. 2003-04-22
    TINSLEY, Stephen John, Professor appointed
    director
  46. 2003-04-22
    TINSLEY, Stephen John, Dr appointed
    secretary
  47. 2003-04-22
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  48. 2003-04-22
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  49. 2003-04-22
    LOGAN, Hugh appointed
    director
  50. 2003-04-22
    REID, David appointed
    director
Showing most recent 50 of 54 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
high

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

Evidence: Dissolved on 2012-05-25

🔒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 →

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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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2003-04-22
Jurisdictionscotland
Primary SIC7310 — SIC 7310

Registered office

Horizon Scotland
The Enterprise Park
Forres
IV36 2AB

Filing status

Accounts
Next due:
Last made up to: 2008-07-31
Confirmation statement
Next due:
Last:

Officers (0 active · 10 resigned)

LINGARD, Robin Anthony
director · ~85y · appointed 2005-01-13
View their other companies + combined net worth →
Active
MORRISON, Bruce
director · ~77y · appointed 2006-08-03
View their other companies + combined net worth →
Active
MUNDIE, Douglas Stewart
director · ~74y · appointed 2006-11-01
View their other companies + combined net worth →
Active
TINSLEY, Stephen John, Professor
director · ~70y · appointed 2003-04-22
View their other companies + combined net worth →
Active
TINSLEY, Stephen John, Dr
secretary · appointed 2003-04-22 · resigned 2004-03-17
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-04-22 · resigned 2003-04-22
Resigned
BRODIES SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2005-01-13 · resigned 2006-07-18
Resigned
HMS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2006-07-18 · resigned 2009-07-24
Resigned
TENON LIMITED
corporate-secretary · appointed 2004-03-15 · resigned 2005-01-13
Resigned
CAMPBELL, Gary Iain
director · ~61y · appointed 2005-01-13 · resigned 2009-02-26
Resigned
LOGAN, Hugh
director · ~71y · appointed 2003-04-22 · resigned 2004-04-19
Resigned
REID, David
director · ~53y · appointed 2003-04-22 · resigned 2004-03-15
Resigned
BRIAN REID LTD.
corporate-nominee-director · appointed 2003-04-22 · resigned 2003-04-22
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-04-22 · resigned 2003-04-22
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property24/01/2006
satisfied
Moray Badenoch and Strathspey Enterprise Company
Moray Badenoch and Strathspey Enterprise Company Limited
Floating charge1 property25/03/200410/08/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

gazette-dissolved-compulsory
gazette · GAZ2
2012-05-25
gazette-notice-compulsory
gazette · GAZ1
2012-02-03
legacy
mortgage · MG03s
2011-08-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2010-10-26
gazette-notice-compulsory
gazette · GAZ1
2010-07-30
legacy
officers · 288b
2009-07-29
legacy
annual-return · 363a
2009-05-12
legacy
officers · 288c
2009-05-12
accounts-with-accounts-type-small
accounts · AA
2009-04-24
legacy
officers · 288b
2009-03-04
legacy
annual-return · 363a
2008-06-05
accounts-with-accounts-type-small
accounts · AA
2008-04-16
legacy
annual-return · 363a
2007-04-24
legacy
officers · 288c
2007-04-24
accounts-with-accounts-type-small
accounts · AA
2007-04-03