ELITE CONTRACTS (GB) LIMITED
⚰️Wound downdissolved
SC346004 · ltd · incorporated 2008-07-22
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 17.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 59). 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
1 live charge · oldest 17.5y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 17.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
67
Some moderate concerns — review flags.
Signal strength
90
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 (37 events)Click to expand
- 2014-12-05📄gazette-dissolved-compulsarygazette · GAZ2
- 2014-12-05🏁Company dissolved
- 2014-08-15📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-01-25📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2013-12-06📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-05-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2013-03-15📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-07-14📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2011-07-08📄gazette-notice-compulsarygazette · GAZ1
- 2010-12-30📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2010-11-19📄gazette-notice-compulsarygazette · GAZ1
- 2009-11-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-10-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-06-15📄legacyofficers · 288b
- 2008-11-24📄statement-of-affairsmiscellaneous · SA
- 2008-11-24📄legacycapital · 88(2)
- 2008-11-24📄resolutionresolution · RESOLUTIONS
- 2008-10-23📄legacymortgage · 410(Scot)
- 2008-10-10🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2008-08-27📄legacyaccounts · 225
- 2008-08-23✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2008-08-01📍legacyaddress · 287
- 2008-08-01📄legacyofficers · 288b
- 2008-08-01📄legacyofficers · 288b
- 2008-08-01📄legacyofficers · 288b
- 2008-08-01📄legacyofficers · 288a
- 2008-08-01📄legacyofficers · 288a
- 2008-07-23➕HUGHES, Raymond Charles Miller appointedsecretary
- 2008-07-23➕HUGHES, Raymond Charles Miller appointeddirector
- 2008-07-23➕STEELE, Stewart Andrew appointeddirector
- 2008-07-23➖HMS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2008-07-23➖HMS DIRECTORS LIMITED resignedcorporate-nominee-director
- 2008-07-23➖HMS SECRETARIES LIMITED resignedcorporate-nominee-director
- 2008-07-22🏢Company incorporatedAs ELITE CONTRACTS (GB) LIMITED
- 2008-07-22➕HMS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2008-07-22➕HMS DIRECTORS LIMITED appointedcorporate-nominee-director
- 2008-07-22➕HMS SECRETARIES LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-12-05
🔒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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| 224 DH LTD→ SC810870 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 7 BROS LARKHALL LTD→ SC778376 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A L C CONTRACTS LTD→ SC421265 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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| ABBEY IMPORT/EXPORT L.P.→ SL008023 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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| ABSOLUTE FAST FOODS LIMITED→ SC755454 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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| ACTIVEX SERVICES LP→ SL008901 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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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
Incorporated2008-07-22
Jurisdictionscotland
Primary SIC—
Registered office
Unit 7 Burns Road
Chapelhall Industrial Estate
Chapelhall
Lanarkshire
ML6 8GU
Filing status
Accounts
Next due: —
Last made up to: 2009-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
HUGHES, Raymond Charles Miller→
Activesecretary · appointed 2008-07-23
View their other companies + combined net worth →
HUGHES, Raymond Charles Miller→
Activedirector · ~59y · appointed 2008-07-23
View their other companies + combined net worth →
STEELE, Stewart Andrew→
Activedirector · ~58y · appointed 2008-07-23
View their other companies + combined net worth →
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2008-07-22 · resigned 2008-07-23
HMS DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2008-07-22 · resigned 2008-07-23
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-director · appointed 2008-07-22 · resigned 2008-07-23
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 10/10/2008 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
gazette-dissolved-compulsary
gazette · GAZ2
2014-12-05
gazette-notice-voluntary
gazette · GAZ1(A)
2014-08-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2014-01-25
gazette-notice-voluntary
gazette · GAZ1(A)
2013-12-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2013-05-15
gazette-notice-voluntary
gazette · GAZ1(A)
2013-03-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-07-14
gazette-notice-compulsary
gazette · GAZ1
2011-07-08
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2010-12-30
gazette-notice-compulsary
gazette · GAZ1
2010-11-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-11-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-10-19
legacy
officers · 288b
2009-06-15
statement-of-affairs
miscellaneous · SA
2008-11-24
legacy
capital · 88(2)
2008-11-24