OIL AND GAS PEOPLE LTD
⚰️Wound downdissolved
SC363463 · ltd · incorporated 2009-08-04
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 13.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
46/100
Watch
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 46/100 (watch), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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
2 live charges · oldest 13.9y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 13.9 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 (57/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
46/100Watch
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
55
Some acquirability indicators.
Risk profile
49
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 (37 events)Click to expand
- 2020-07-14⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2020-07-14🏁Company dissolved
- 2020-04-14⚠️liquidation-compulsory-return-final-meeting-court-scotlandinsolvency · WU15(Scot)
- 2019-09-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-25⚠️liquidation-compulsory-notice-winding-up-order-court-scotlandinsolvency · WU01(Scot)
- 2019-08-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-11-29➖ALBERT (XXI) LIMITED resignedcorporate-director
- 2018-11-29➖ALBERT (XXXI) LIMITED resignedcorporate-director
- 2018-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-10➕FORBES, Kevin Duthie appointeddirector
- 2018-10-10➖SMITH, Kevin Alexander resigneddirector
- 2018-10-10➕ALBERT (XXXI) LIMITED appointedcorporate-director
- 2018-10-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-10-10📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2018-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-16➖FORBES, Louis Mcpherson resigneddirector
- 2018-06-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-06-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-12-13➕FORBES, Louis Mcpherson appointeddirector
- 2017-12-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-28➖FORBES, Kevin Duthie resigneddirector
- 2017-02-28➕ALBERT (XXI) LIMITED appointedcorporate-director
- 2017-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-02-28📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2016-09-14📄change-person-director-company-with-change-dateofficers · CH01
- 2016-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-07-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-17➕SMITH, Kevin Alexander appointeddirector
- 2013-09-12🔓Charge satisfied #2
- 2012-07-04🔒Charge registered #2Lender: Bank of Scotland PLC
- 2012-06-12🔒Charge registered #1Lender: Bank of Scotland PLC
- 2009-08-04🏢Company incorporatedAs OIL AND GAS PEOPLE LTD
- 2009-08-04➕FORBES, Kevin Duthie appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-07-14
3 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2020-07-14: gazette-dissolved-liquidation; 2020-04-14: liquidation-compulsory-return-final-meeting-court-scotland
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Duthie Forbes Individual · British · DOB 06/1983 · age 43 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2009-08-04
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
H5 Newark Business Park
Glenrothes
Fife
KY7 4NS
Filing status
Accounts
Next due: —
Last made up to: 2017-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 5 resigned)
FORBES, Kevin Duthie→
Activedirector · ~43y · appointed 2018-10-10
View their other companies + combined net worth →
FORBES, Kevin Duthie→
Resigneddirector · ~43y · appointed 2009-08-04 · resigned 2017-02-28
FORBES, Louis Mcpherson→
Resigneddirector · ~67y · appointed 2017-12-13 · resigned 2018-06-16
SMITH, Kevin Alexander→
Resigneddirector · ~64y · appointed 2016-06-17 · resigned 2018-10-10
ALBERT (XXI) LIMITED→
Resignedcorporate-director · appointed 2017-02-28 · resigned 2018-11-29
ALBERT (XXXI) LIMITED→
Resignedcorporate-director · appointed 2018-10-10 · resigned 2018-11-29
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 04/07/2012 | 12/09/2013 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 12/06/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
gazette-dissolved-liquidation
gazette · GAZ2
2020-07-14
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2020-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-09-25
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2019-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-08-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-08-20
termination-director-company-with-name-termination-date
officers · TM01
2018-11-29
termination-director-company-with-name-termination-date
officers · TM01
2018-11-29
termination-director-company-with-name-termination-date
officers · TM01
2018-10-10
appoint-person-director-company-with-name-date
officers · AP01
2018-10-10
appoint-corporate-director-company-with-name-date
officers · AP02
2018-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-06-16