BALMORAL INDUSTRIAL TANKS LIMITED
⚰️Wound downdissolved
SC301825 · ltd · incorporated 2006-05-05
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 18.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
60/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 60/100 (worth a look), 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 18.4y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (60/100)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
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (32 events)Click to expand
- 2024-08-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2024-08-27🏁Company dissolved
- 2024-06-11📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-05-30📄dissolution-application-strike-off-companydissolution · DS01
- 2024-03-28📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-03-28📄legacycapital · SH20
- 2024-03-28⚠️legacyinsolvency · CAP-SS
- 2024-03-28📄resolutionresolution · RESOLUTIONS
- 2024-01-20📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-01-20📄legacyother · GUARANTEE2
- 2024-01-05📄legacyaccounts · PARENT_ACC
- 2024-01-05📄legacyother · AGREEMENT2
- 2023-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-29➕MITCHELL, Paul Watt appointeddirector
- 2023-01-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2020-01-08📄accounts-with-accounts-type-fullaccounts · AA
- 2019-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2017-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2011-06-14🔓Charge satisfied #1
- 2011-06-10🔒Charge registered #2Lender: Hsbc Bank PLC
- 2007-12-20➕JOYCE, Allan appointeddirector
- 2007-12-04🔒Charge registered #1Lender: Bank of Scotland PLC
- 2006-05-08➕LOWDEN, Julie Thain appointedsecretary
- 2006-05-08➕MAIN, William Edwards appointeddirector
- 2006-05-08➕MILNE, James Smith appointeddirector
- 2006-05-08➖P & W SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-05-08➖P & W DIRECTORS LIMITED resignedcorporate-nominee-director
- 2006-05-05🏢Company incorporatedAs BALMORAL INDUSTRIAL TANKS LIMITED
- 2006-05-05➕P & W SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-05-05➕P & W DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
65/100
High — earn-out structure requiredMaterial 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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 86 — succession pressure is live.
Succession & seller-readiness
83/100
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 86 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 20 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-08-27
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-03-28: legacy
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Smith Milne Individual · British · DOB 12/1940 · age 86 | — | — | sig. influencesignificant influence | 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.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2006-05-05
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Balmoral Park
Loirston
Aberdeen
AB12 3GY
Filing status
Accounts
Next due: —
Last made up to: 2023-03-31
Confirmation statement
Next due: —
Last: 2024-05-05
Officers (0 active · 2 resigned)
LOWDEN, Julie Thain→
Activesecretary · appointed 2006-05-08
View their other companies + combined net worth →
JOYCE, Allan→
Activedirector · ~65y · appointed 2007-12-20
View their other companies + combined net worth →
MAIN, William Edwards→
Activedirector · ~68y · appointed 2006-05-08
View their other companies + combined net worth →
MILNE, James Smith→
Activedirector · ~86y · appointed 2006-05-08
View their other companies + combined net worth →
MITCHELL, Paul Watt→
Activedirector · ~57y · appointed 2023-03-29
View their other companies + combined net worth →
P & W SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-05-05 · resigned 2006-05-08
P & W DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2006-05-05 · resigned 2006-05-08
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 | HSBC Hsbc Bank PLC | Bond & floating charge | 1 property | 10/06/2011 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 04/12/2007 | 14/06/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-08-27
gazette-notice-voluntary
gazette · GAZ1(A)
2024-06-11
dissolution-application-strike-off-company
dissolution · DS01
2024-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-07
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-03-28
legacy
capital · SH20
2024-03-28
legacy
insolvency · CAP-SS
2024-03-28
resolution
resolution · RESOLUTIONS
2024-03-28
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-01-20
legacy
other · GUARANTEE2
2024-01-20
legacy
accounts · PARENT_ACC
2024-01-05
legacy
other · AGREEMENT2
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
appoint-person-director-company-with-name-date
officers · AP01
2023-04-05
accounts-with-accounts-type-dormant
accounts · AA
2023-01-05