HIRETECH LIMITED
- · Oldest live charge 11.4y old — refinance window within 12 months
Opportunity 45/100 (watch), bankability 60/100. 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: strategic trade sale (45/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 11.4y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (43 events)Click to expand
- 2024-11-09⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-11-09🏁Company dissolved
- 2024-08-09⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2024-02-05📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-01📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2023-11-01📍change-sail-address-company-with-new-addressaddress · AD02
- 2023-10-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-29📄resolutionresolution · RESOLUTIONS
- 2022-12-08📄memorandum-articlesincorporation · MA
- 2022-12-08📄resolutionresolution · RESOLUTIONS
- 2022-12-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-12-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-12-07📄capital-allotment-sharescapital · SH01
- 2022-12-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-05➕PIRIE, Allan William appointeddirector
- 2022-12-05➕STEWART, Ingrid appointeddirector
- 2022-12-05➖BUCHAN, Marion resignedsecretary
- 2022-12-05➖BUCHAN, Andrew Allan resigneddirector
- 2022-12-05➖BUCHAN, Marion resigneddirector
- 2022-12-05➖MACKIE, Keith Duncan resigneddirector
- 2022-10-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-26🔓Charge satisfied #1
- 2022-05-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-01➕MACKIE, Keith Duncan appointeddirector
- 2017-02-07➖DIACK, Ian Anderson resigneddirector
- 2016-12-10➕BUCHAN, Marion appointedsecretary
- 2016-12-10➖LC SECRETARIES LIMITED resignedcorporate-secretary
- 2014-11-26🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2014-05-05➕DIACK, Ian Anderson appointeddirector
- 2011-11-17➕BUCHAN, Marion appointeddirector
- 2007-12-17➕BUCHAN, Andrew Allan appointeddirector
- 2007-12-17➖LEDGE SERVICES LIMITED resignedcorporate-director
- 2007-12-11🏢Company incorporatedAs HIRETECH LIMITED
- 2007-12-11➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2007-12-11➕LEDGE SERVICES LIMITED appointedcorporate-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-11-09
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-11-09: gazette-dissolved-liquidation; 2024-08-09: liquidation-voluntary-members-return-of-final-meeting-scotland
Group structure
Ashtead Technology Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Ashtead Technology Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/12/2022 |
1 historic (ceased) PSC
- Mr Andrew Allan Buchanceased 05/12/2022· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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 · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 26/11/2014 | 26/10/2022 |