CAPRICORN SPAIN LIMITED

⚰️Wound downdissolved
SC342489 · ltd · incorporated 2008-05-07
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
48/100
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What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 42/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 11.8y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 11.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
41
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 (50 events)Click to expand
  1. 2024-02-08
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2024-02-08
    🏁
    Company dissolved
  3. 2023-11-08
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting-scotland
    insolvency · LIQ13(Scot)
  4. 2023-08-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2023-08-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-08-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2023-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-08-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-08-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2023-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2023-06-07
    ERVINE, Paul Alan appointed
    secretary
  13. 2023-06-07
    NEELY, Randall Clifford appointed
    director
  14. 2023-06-07
    MCSHERRY, Anne Margaret resigned
    secretary
  15. 2023-04-20
    MAYLAND, Paul Joseph resigned
    director
  16. 2023-04-11
    ERVINE, Paul Alan appointed
    director
  17. 2023-04-11
    PIPER, Nathan Gresham appointed
    director
  18. 2023-04-11
    SMITH, James Donald resigned
    director
  19. 2023-04-11
    THOMSON, Simon John resigned
    director
  20. 2021-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2021-10-12
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2021-09-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2021-09-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2021-09-27
    📄
    mortgage-satisfy-charge-part
    mortgage · MR04
  25. 2021-09-27
    📄
    mortgage-satisfy-charge-part
    mortgage · MR04
  26. 2021-09-27
    📄
    mortgage-charge-whole-release-with-charge-number
    mortgage · MR05
  27. 2021-09-27
    📄
    mortgage-charge-whole-release-with-charge-number
    mortgage · MR05
  28. 2021-09-27
    🔓
    Charge satisfied #2
  29. 2021-09-27
    🔓
    Charge satisfied #1
  30. 2021-09-06
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  31. 2021-09-06
    📄
    legacy
    capital · SH20
  32. 2021-09-06
    ⚠️
    legacy
    insolvency · CAP-SS
  33. 2021-09-06
    📄
    resolution
    resolution · RESOLUTIONS
  34. 2020-12-01
    MCSHERRY, Anne Margaret appointed
    secretary
  35. 2020-12-01
    WOOD, Duncan Alexander resigned
    secretary
  36. 2020-12-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  37. 2020-12-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  38. 2018-12-20
    🔒
    Charge registered #4
    Lender: Dnb Bank Asa (As Security Trustee)
  39. 2018-12-20
    🔒
    Charge registered #3
    Lender: Dnb Bank Asa (As Security Trustee)
  40. 2014-07-18
    🔒
    Charge registered #2
    Lender: Bnp Paribas
  41. 2014-07-18
    🔒
    Charge registered #1
    Lender: Bnp Paribas (As Security Trustee)
  42. 2014-05-15
    BROWN, Janice Margaret resigned
    director
  43. 2014-05-15
    MAYLAND, Paul Joseph appointed
    director
  44. 2014-05-15
    SMITH, James Donald appointed
    director
  45. 2014-05-15
    WATTS, Michael John, Dr resigned
    director
  46. 2008-06-23
    BROWN, Janice Margaret appointed
    director
  47. 2008-06-23
    THOMSON, Simon John appointed
    director
  48. 2008-05-07
    🏢
    Company incorporated
    As CAPRICORN SPAIN LIMITED
  49. 2008-05-07
    WOOD, Duncan Alexander appointed
    secretary
  50. 2008-05-07
    WATTS, Michael John, Dr appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some 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

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.

Red flags

2 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2024-02-08

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-02-08: gazette-dissolved-liquidation; 2023-11-08: liquidation-voluntary-members-return-of-final-meeting-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Capricorn Energy Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Capricorn Energy Limited
Corporate parent · holds 75-100% shares
ultimate parent
CAPRICORN SPAIN LIMITED
This company · SC342489

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%
NameSharesVoting rightsNature of controlNotified
Capricorn Energy Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2008-05-07
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

C/O Grant Thornton Uk Llp
110 Queen Street
Glasgow
G1 3BX

Filing status

Accounts
Next due:
Last made up to: 2019-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 7 resigned)

ERVINE, Paul Alan
secretary · appointed 2023-06-07
View their other companies + combined net worth →
Active
ERVINE, Paul Alan
director · ~40y · appointed 2023-04-11
View their other companies + combined net worth →
Active
NEELY, Randall Clifford
director · ~60y · appointed 2023-06-07
View their other companies + combined net worth →
Active
PIPER, Nathan Gresham
director · ~51y · appointed 2023-04-11
View their other companies + combined net worth →
Active
MCSHERRY, Anne Margaret
secretary · appointed 2020-12-01 · resigned 2023-06-07
Resigned
WOOD, Duncan Alexander
secretary · appointed 2008-05-07 · resigned 2020-12-01
Resigned
BROWN, Janice Margaret
director · ~71y · appointed 2008-06-23 · resigned 2014-05-15
Resigned
MAYLAND, Paul Joseph
director · ~58y · appointed 2014-05-15 · resigned 2023-04-20
Resigned
SMITH, James Donald
director · ~49y · appointed 2014-05-15 · resigned 2023-04-11
Resigned
THOMSON, Simon John
director · ~61y · appointed 2008-06-23 · resigned 2023-04-11
Resigned
WATTS, Michael John, Dr
director · ~70y · appointed 2008-05-07 · resigned 2014-05-15
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
part-satisfied
Dnb Bank Asa (As Security Trustee)
A registered charge20/12/2018
part-satisfied
Dnb Bank Asa (As Security Trustee)
A registered charge20/12/2018
satisfied
Bnp Paribas
A registered charge18/07/201427/09/2021
satisfied
Bnp Paribas (As Security Trustee)
A registered charge18/07/201427/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (80 total)

gazette-dissolved-liquidation
gazette · GAZ2
2024-02-08
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2023-11-08
appoint-person-secretary-company-with-name-date
officers · AP03
2023-08-03
appoint-person-director-company-with-name-date
officers · AP01
2023-08-03
termination-secretary-company-with-name-termination-date
officers · TM02
2023-08-03
termination-director-company-with-name-termination-date
officers · TM01
2023-08-03
appoint-person-director-company-with-name-date
officers · AP01
2023-08-03
appoint-person-director-company-with-name-date
officers · AP01
2023-08-03
termination-director-company-with-name-termination-date
officers · TM01
2023-08-03
termination-director-company-with-name-termination-date
officers · TM01
2023-08-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-12
resolution
resolution · RESOLUTIONS
2021-10-12
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-27
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-27
mortgage-satisfy-charge-part
mortgage · MR04
2021-09-27