UIG DEVELOPMENT TRUST

⚰️Wound downdissolved

SC260451 · private-limited-guarant-nsc-limited-exemption · incorporated 2003-12-08

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 17.8y 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: Activities of other membership organisations n.e.c.

Sector: Other service activities

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 17.8y

50/100

clean up first

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

· Oldest live charge is 17.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 30/100 — 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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

22 officers (5 active, 22 linked, 18 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

83 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

65/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (66 events)Click to expand

2018-07-31
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-07-31
🏁
Company dissolved
2018-05-15
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2018-05-09
📄
dissolution-application-strike-off-company
dissolution · DS01
2018-03-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-22
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2016-11-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-05-27
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2016-05-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-05-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-05-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-05-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-05-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-03-30
➕
DOBSON, James Kenneth appointed
director
2016-03-30
➕
NORGROVE, John Richard appointed
director
2016-03-30
➕
SMITH, Jill Annette appointed
director
2016-03-30
➕
TYLER, Alison appointed
director
2016-03-30
➖
HAYES, Christopher John resigned
secretary
2016-03-30
➖
HAYES, Christopher John resigned
director
2016-03-30
➖
MASON, Glynis resigned
director
2016-02-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-22
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-12-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-11
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-06-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-06-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-04-30
➖
NEWTON, David Allan resigned
director
2014-12-10
➖
MACDONALD, Norman Alexander resigned
director
2013-12-23
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2013-12-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-01-23
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2012-12-03
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-06-10
🔒
Charge registered #2
Lender: Co-Operative Bank PLC
2008-12-11
➕
MACDONALD, Norman Alexander appointed
director
2008-12-11
➖
NORGROVE, John Richard resigned
director
2008-06-16
🔒
Charge registered #1
Lender: Big Lottery Fund
2007-01-25
➕
HAYES, Christopher John appointed
secretary
2007-01-25
➖
MACLEAN, Roderick Martin resigned
secretary
2007-01-25
➖
MACLEAN, Roderick Martin resigned
director
2007-01-25
➖
PRATT, Alistair Ovenstone resigned
director
2006-01-19
➕
MACLEAN, Roderick Martin appointed
secretary
2006-01-19
➖
NEWTON, Elaine Frances Morrison resigned
secretary
2006-01-19
➖
BUCHANAN, Finlay Norman resigned
director
2006-01-19
➖
MACKENZIE, Christina Mary resigned
director
2006-01-19
➕
MASON, Glynis appointed
director
2006-01-19
➖
NEWTON, Elaine Frances Morrison resigned
director
2006-01-19
➕
PRATT, Alistair Ovenstone appointed
director
2004-12-07
➖
MACDONALD, Norman Alexander resigned
director
2004-01-29
➖
FERRIS, Michael Ian resigned
secretary

Showing most recent 50 of 66 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

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 84 — 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 84 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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 2018-07-31

🔒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.

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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.

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Company details

Statusdissolved

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2003-12-08

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

Uig Community Shop

Timsgarry, Uig

Isle Of Lewis

Western Isles

HS2 9JD

Filing status

Accounts

Next due: —

Last made up to: 2017-08-28

Confirmation statement

Next due: —

Last: —