PRESTWICK AIRPORT PROPERTY LIMITED

⚰️Wound downdissolved
SC356862 · ltd · incorporated 2009-03-19
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 11.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). 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 11.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 11.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
16 officers (2 active, 16 linked, 14 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
75
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 (55 events)Click to expand
  1. 2019-05-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2019-05-14
    🏁
    Company dissolved
  3. 2019-02-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2018-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2018-04-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2018-04-09
    ➕
    FORGIE, Ian Mackay appointed
    director
  7. 2018-04-03
    ➖
    BANKS, Derek William resigned
    director
  8. 2018-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-11-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2017-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2017-11-01
    ➕
    ADAMS, Stewart Andrew appointed
    director
  12. 2017-10-31
    ➖
    SMITH, Ronald Trotter resigned
    director
  13. 2017-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2017-09-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2017-09-01
    ➕
    BANKS, Derek William appointed
    director
  16. 2017-09-01
    ➖
    MILLER, Andrew Baxter resigned
    director
  17. 2017-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2016-08-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2016-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2016-06-30
    ➖
    JENNER, Richard Winston resigned
    director
  21. 2016-05-30
    ➕
    SMITH, Ronald Trotter appointed
    director
  22. 2016-03-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2015-12-18
    ➕
    JENNER, Richard Winston appointed
    director
  24. 2015-12-18
    ➖
    MCLEOD, Grant Harrison resigned
    director
  25. 2015-12-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2015-12-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2015-09-29
    ➖
    COCHRANE, Iain William resigned
    director
  28. 2015-09-29
    ➕
    MILLER, Andrew Baxter appointed
    director
  29. 2015-09-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2015-09-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2015-09-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  32. 2015-08-27
    ➖
    SWEENIE, Andrew Graeme resigned
    director
  33. 2015-08-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  34. 2015-03-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  35. 2015-02-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  36. 2015-02-05
    🔒
    Charge registered #1
    Lender: The Scottish Ministers
  37. 2014-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  38. 2014-08-26
    ➖
    MCLEOD, Grant Harrison resigned
    secretary
  39. 2014-08-26
    ➕
    MCLEOD, Grant Harrison appointed
    director
  40. 2014-06-30
    ➖
    WILSON, Thomas Mackenzie resigned
    director
  41. 2013-11-22
    ➖
    FITZGERALD, Steven resigned
    director
  42. 2012-05-23
    ➕
    FITZGERALD, Steven appointed
    director
  43. 2011-04-01
    ➕
    WILSON, Thomas Mackenzie appointed
    director
  44. 2010-07-15
    ➕
    COCHRANE, Iain William appointed
    director
  45. 2010-05-06
    ➕
    MCLEOD, Grant Harrison appointed
    secretary
  46. 2010-05-06
    ➖
    CHANDLER, Christopher James resigned
    director
  47. 2009-11-01
    ➖
    RODWELL, Mark Andrew resigned
    director
  48. 2009-05-29
    ➖
    BARR, Alan Lamont resigned
    director
  49. 2009-05-29
    ➕
    CHANDLER, Christopher James appointed
    director
  50. 2009-05-29
    ➕
    RODWELL, Mark Andrew appointed
    director
Showing most recent 50 of 55 events

Owner dependency

73/100
High — earn-out structure required

Material 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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 2019-05-14

Group structure

Scottish Government is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Scottish Government
Corporate parent · holds 75-100% shares
ultimate parent
⬇
PRESTWICK AIRPORT PROPERTY LIMITED
This company · SC356862

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
Scottish Government
Corporate entity
75–100%
—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

8 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
Incorporated2009-03-19
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Aviation House
Glasgow Prestwick Intnl Airport
Prestwick
Ayrshire
KA9 2PL

Filing status

Accounts
Next due: —
Last made up to: 2017-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 14 resigned)

ADAMS, Stewart Andrew→
director · ~66y · appointed 2017-11-01
View their other companies + combined net worth →
Active
FORGIE, Ian Mackay→
director · ~62y · appointed 2018-04-09
View their other companies + combined net worth →
Active
MCLEOD, Grant Harrison→
secretary · appointed 2010-05-06 · resigned 2014-08-26
Resigned
BANKS, Derek William→
director · ~60y · appointed 2017-09-01 · resigned 2018-04-03
Resigned
BARR, Alan Lamont→
director · ~66y · appointed 2009-03-19 · resigned 2009-05-29
Resigned
CHANDLER, Christopher James→
director · ~47y · appointed 2009-05-29 · resigned 2010-05-06
Resigned
COCHRANE, Iain William→
director · ~63y · appointed 2010-07-15 · resigned 2015-09-29
Resigned
FITZGERALD, Steven→
director · ~58y · appointed 2012-05-23 · resigned 2013-11-22
Resigned
JENNER, Richard Winston→
director · ~82y · appointed 2015-12-18 · resigned 2016-06-30
Resigned
MCLEOD, Grant Harrison→
director · ~52y · appointed 2014-08-26 · resigned 2015-12-18
Resigned
MILLER, Andrew Baxter→
director · ~72y · appointed 2015-09-29 · resigned 2017-09-01
Resigned
RODWELL, Mark Andrew→
director · ~52y · appointed 2009-05-29 · resigned 2009-11-01
Resigned
SMITH, Ronald Trotter→
director · ~72y · appointed 2016-05-30 · resigned 2017-10-31
Resigned
SWEENIE, Andrew Graeme→
director · ~48y · appointed 2009-05-29 · resigned 2015-08-27
Resigned
WILSON, Thomas Mackenzie→
director · ~67y · appointed 2011-04-01 · resigned 2014-06-30
Resigned
LYCIDAS NOMINEES LIMITED→
corporate-nominee-director · appointed 2009-03-19 · resigned 2009-05-29
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
The Scottish Ministers
A registered charge—05/02/2015—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

gazette-dissolved-compulsory
gazette · GAZ2
2019-05-14
gazette-notice-compulsory
gazette · GAZ1
2019-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-30
termination-director-company-with-name-termination-date
officers · TM01
2018-04-20
appoint-person-director-company-with-name-date
officers · AP01
2018-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-03-19
accounts-with-accounts-type-dormant
accounts · AA
2018-01-19
appoint-person-director-company-with-name-date
officers · AP01
2017-11-10
termination-director-company-with-name-termination-date
officers · TM01
2017-11-10
termination-director-company-with-name-termination-date
officers · TM01
2017-09-08
appoint-person-director-company-with-name-date
officers · AP01
2017-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-25
accounts-with-accounts-type-dormant
accounts · AA
2017-01-12
appoint-person-director-company-with-name-date
officers · AP01
2016-08-02
termination-director-company-with-name-termination-date
officers · TM01
2016-08-02