NORTH EAST CORROSION ENGINEERS LIMITED
⚰️Wound downdissolved
SC291714 · ltd · incorporated 2005-10-14
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 14.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 70/100. 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 14.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
16 officers (3 active, 16 linked, 10 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
70
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 (56 events)Click to expand
- 2020-09-22📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-09-22🏁Company dissolved
- 2020-03-31📄gazette-notice-voluntarygazette · GAZ1(A)
- 2020-03-24📄dissolution-application-strike-off-companydissolution · DS01
- 2020-03-05📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2020-03-04📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2020-03-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-09➕RENNIE, William George appointeddirector
- 2019-12-09➖BAYLISS, William John resigneddirector
- 2019-10-25➖D.W. COMPANY SERVICES LIMITED resignedcorporate-secretary
- 2019-10-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-06-06📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-04📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-01📄accounts-with-accounts-type-smallaccounts · AA
- 2019-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-01-23➕MCQUADE, Alan appointeddirector
- 2018-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-11-23➖RITCHIE, Mark resigneddirector
- 2018-09-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2018-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2018-05-31📄accounts-with-accounts-type-smallaccounts · AA
- 2017-03-14📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2017-03-13📍change-sail-address-company-with-new-addressaddress · AD02
- 2017-02-07📄second-filing-of-director-termination-with-namedocument-replacement · RP04TM01
- 2017-01-30➕D.W. COMPANY SERVICES LIMITED appointedcorporate-secretary
- 2016-12-22➖BRUCE, Andrew resigneddirector
- 2016-12-22➖MUNRO, William Johnston resigneddirector
- 2016-12-08➕TAYLOR, Alan appointeddirector
- 2016-12-08➕BAYLISS, William John appointeddirector
- 2016-12-08➕RITCHIE, Mark appointeddirector
- 2016-12-06➖BLACKWOOD PARTNERS LLP resignedcorporate-secretary
- 2015-12-18➕BLACKWOOD PARTNERS LLP appointedcorporate-secretary
- 2015-11-30➖DAVIDSON, Gordon resignedsecretary
- 2014-12-23➖FORBES, Robert Gordon resigneddirector
- 2014-12-22➖DAVIDSON, Gordon resigneddirector
- 2014-12-22➖JAMES, Andy William resigneddirector
- 2014-12-22➕MUNRO, William Johnston appointeddirector
- 2014-03-25🔓Charge satisfied #1
- 2014-03-13🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2011-10-11➕DAVIDSON, Gordon appointedsecretary
- 2011-10-11➖MD SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2011-10-11➕DAVIDSON, Gordon appointeddirector
- 2011-10-11🔒Charge registered #1Lender: Hsbc Bank PLC
- 2010-11-10➕JAMES, Andy William appointeddirector
- 2006-04-01➕MD SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-03-31➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
Showing most recent 50 of 56 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-09-22
Group structure
Icr Integrity Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Icr Integrity Limited
Corporate parent · holds 75-100% shares · board control
⬇
NORTH EAST CORROSION ENGINEERS LIMITED
This company · SC291714
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Icr Integrity Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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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|---|---|---|---|---|---|---|---|
| A J R FACILITIES CONSULTANCY LTD→ SC544953 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| AECS GRAY ENGINEERING LTD.→ SC322000 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AKB TAX LIMITED→ SC739779 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2005-10-14
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.
Registered office
H2 Claymore Avenue Aberdeen Energy Park
Bridge Of Don
Aberdeen
AB23 8GW
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2019-05-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 13 resigned)
MCQUADE, Alan→
Activedirector · ~45y · appointed 2019-01-23
View their other companies + combined net worth →
RENNIE, William George→
Activedirector · ~60y · appointed 2019-12-09
View their other companies + combined net worth →
TAYLOR, Alan→
Activedirector · ~49y · appointed 2016-12-08
View their other companies + combined net worth →
DAVIDSON, Gordon→
Resignedsecretary · appointed 2011-10-11 · resigned 2015-11-30
BLACKWOOD PARTNERS LLP→
Resignedcorporate-secretary · appointed 2015-12-18 · resigned 2016-12-06
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2017-01-30 · resigned 2019-10-25
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 2005-10-14 · resigned 2006-03-31
MD SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-04-01 · resigned 2011-10-11
BAYLISS, William John→
Resigneddirector · ~64y · appointed 2016-12-08 · resigned 2019-12-09
BRUCE, Andrew→
Resigneddirector · ~68y · appointed 2006-03-22 · resigned 2016-12-22
DAVIDSON, Gordon→
Resigneddirector · ~56y · appointed 2011-10-11 · resigned 2014-12-22
FORBES, Robert Gordon→
Resigneddirector · ~67y · appointed 2005-11-10 · resigned 2014-12-23
JAMES, Andy William→
Resigneddirector · ~50y · appointed 2010-11-10 · resigned 2014-12-22
MUNRO, William Johnston→
Resigneddirector · ~71y · appointed 2014-12-22 · resigned 2016-12-22
RITCHIE, Mark→
Resigneddirector · ~47y · appointed 2016-12-08 · resigned 2018-11-23
LEDGE SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-10-14 · resigned 2005-11-10
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 13/03/2014 | — | |
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 11/10/2011 | 25/03/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-09-22
gazette-notice-voluntary
gazette · GAZ1(A)
2020-03-31
dissolution-application-strike-off-company
dissolution · DS01
2020-03-24
change-sail-address-company-with-old-address-new-address
address · AD02
2020-03-05
move-registers-to-registered-office-company-with-new-address
address · AD04
2020-03-04
accounts-with-accounts-type-dormant
accounts · AA
2020-03-03
appoint-person-director-company-with-name-date
officers · AP01
2019-12-16
termination-director-company-with-name-termination-date
officers · TM01
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-25
termination-secretary-company-with-name-termination-date
officers · TM02
2019-10-25
change-person-director-company-with-change-date
officers · CH01
2019-06-06
change-person-director-company-with-change-date
officers · CH01
2019-06-04
accounts-with-accounts-type-small
accounts · AA
2019-03-01
appoint-person-director-company-with-name-date
officers · AP01
2019-02-08
termination-director-company-with-name-termination-date
officers · TM01
2018-12-18