DAVY SYSTEMS LIMITED

⚰️Wound downdissolved
SC353451 · ltd · incorporated 2009-01-14
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 17.1y 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
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
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 (78/100, director aged 70). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 17.1y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 17.1 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 (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
34 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
80
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 (41 events)Click to expand
  1. 2014-09-12
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  2. 2014-09-12
    🏁
    Company dissolved
  3. 2014-05-16
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  4. 2014-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2014-01-31
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  6. 2013-03-07
    📄
    termination-secretary-company-with-name
    officers · TM02
  7. 2013-03-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2013-02-28
    ➖
    KYNOCH, Linda resigned
    secretary
  9. 2013-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2012-12-18
    📄
    termination-director-company-with-name
    officers · TM01
  11. 2012-02-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2012-02-09
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  13. 2012-02-09
    📄
    termination-secretary-company-with-name
    officers · TM02
  14. 2012-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2012-01-11
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  16. 2011-12-31
    ➕
    KYNOCH, Linda appointed
    secretary
  17. 2011-12-31
    ➖
    MD SECRETARIES LIMITED resigned
    corporate-secretary
  18. 2011-06-30
    ➖
    DAVEY, Martin John resigned
    director
  19. 2011-03-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2010-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2010-09-23
    📄
    termination-director-company-with-name
    officers · TM01
  22. 2010-08-26
    ➖
    FLEMING, Michael John resigned
    director
  23. 2010-02-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2009-07-16
    📄
    legacy
    officers · 288c
  25. 2009-04-08
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  26. 2009-03-11
    📄
    resolution
    resolution · RESOLUTIONS
  27. 2009-03-11
    📄
    statement-of-affairs
    miscellaneous · SA
  28. 2009-03-11
    📄
    legacy
    capital · 88(2)
  29. 2009-03-11
    📄
    legacy
    capital · 123
  30. 2009-03-11
    📄
    resolution
    resolution · RESOLUTIONS
  31. 2009-03-10
    📄
    legacy
    mortgage · 410(Scot)
  32. 2009-02-27
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  33. 2009-01-16
    ➕
    CAMPBELL, Melfort Andrew appointed
    director
  34. 2009-01-16
    ➖
    CONNON, Roger Gordon resigned
    director
  35. 2009-01-16
    ➕
    DAVEY, Martin John appointed
    director
  36. 2009-01-16
    ➕
    FLEMING, Michael John appointed
    director
  37. 2009-01-16
    ➖
    RUTHERFORD, John Arthur Thomas resigned
    director
  38. 2009-01-14
    🏢
    Company incorporated
    As DAVY SYSTEMS LIMITED
  39. 2009-01-14
    ➕
    MD SECRETARIES LIMITED appointed
    corporate-secretary
  40. 2009-01-14
    ➕
    CONNON, Roger Gordon appointed
    director
  41. 2009-01-14
    ➕
    RUTHERFORD, John Arthur Thomas appointed
    director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

98/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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
high

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

Evidence: Dissolved on 2014-09-12

🔒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 →
🔒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.

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Company details

Statusdissolved
Typeltd
Incorporated2009-01-14
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Greenhole Park
Greenhole Place
Aberdeen
AB23 8EU

Filing status

Accounts
Next due: —
Last made up to: 2013-04-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 6 resigned)

CAMPBELL, Melfort Andrew→
director · ~70y · appointed 2009-01-16
View their other companies + combined net worth →
Active
KYNOCH, Linda→
secretary · appointed 2011-12-31 · resigned 2013-02-28
Resigned
MD SECRETARIES LIMITED→
corporate-secretary · appointed 2009-01-14 · resigned 2011-12-31
Resigned
CONNON, Roger Gordon→
director · ~67y · appointed 2009-01-14 · resigned 2009-01-16
Resigned
DAVEY, Martin John→
director · ~75y · appointed 2009-01-16 · resigned 2011-06-30
Resigned
FLEMING, Michael John→
director · ~68y · appointed 2009-01-16 · resigned 2010-08-26
Resigned
RUTHERFORD, John Arthur Thomas→
director · ~68y · appointed 2009-01-14 · resigned 2009-01-16
Resigned

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
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Floating charge1 property27/02/2009—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

gazette-dissolved-compulsary
gazette · GAZ2
2014-09-12
gazette-notice-compulsary
gazette · GAZ1
2014-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2014-01-31
change-registered-office-address-company-with-date-old-address
address · AD01
2014-01-31
termination-secretary-company-with-name
officers · TM02
2013-03-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-01-30
termination-director-company-with-name
officers · TM01
2012-12-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-28
appoint-person-secretary-company-with-name
officers · AP03
2012-02-09
termination-secretary-company-with-name
officers · TM02
2012-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2012-02-02
change-registered-office-address-company-with-date-old-address
address · AD01
2012-01-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-10-15