ABERDEEN HYDROCARBON DEVELOPMENT LIMITED
⚰️Wound downdissolved
SC398287 · ltd · incorporated 2011-04-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
60/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 60/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 79). 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).
Data confidence
Overall: medium (56/100)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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
70
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 (27 events)Click to expand
- 2022-06-28📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2022-06-28🏁Company dissolved
- 2022-04-12📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-04-05📄dissolution-application-strike-off-companydissolution · DS01
- 2021-06-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-06-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-01-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-01-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2017-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2016-04-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-05-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-26📄change-person-director-company-with-change-dateofficers · CH01
- 2014-11-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-09-30📄capital-allotment-sharescapital · SH01
- 2014-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-09-23➕MACANDREW, Fiona Christian Stephen appointeddirector
- 2014-05-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-17📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2014-04-01➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2013-09-30➖TUGWELL, Andrew Graham resigneddirector
- 2011-04-26🏢Company incorporatedAs ABERDEEN HYDROCARBON DEVELOPMENT LIMITED
- 2011-04-26➕MACANDREW, Robert appointeddirector
- 2011-04-26➕TUGWELL, Andrew Graham appointeddirector
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- 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 2022-06-28
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Fiona Christian Stephen Macandrew Individual · British · DOB 07/1950 · age 76 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Euring Robert Macandrew Individual · British · DOB 11/1947 · age 79 | 25–50% | — | 25-50% shares | 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.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| COWRIE HOLDINGS LIMITED→ SC700069 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DUGUID PROPERTY HOLDINGS LTD→ SC876768 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ELEMENTAL GROUP HOLDINGS LIMITED→ SC809860 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ERIS GG LIMITED→ SC053155 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ESSLEMONT PARTNERS LIMITED→ SC447219 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ETHOSENERGY (MIDDLE EAST) LIMITED→ SC099690 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| ETOH MARKETING LIMITED→ SC557844 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| FIDONA PROPERTY LIMITED→ SC835551 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FORTH GROUP LIMITED→ SC227669 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| FRASER & MULLIGAN TRUSTEES LIMITED→ SC516066 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| G A ENGINEERING (GROUP) LIMITED→ SC448644 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| G B ENGLAND HOLDINGS LIMITED→ SC808864 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2011-04-26
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
Filing status
Accounts
Next due: —
Last made up to: 2021-04-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 1 resigned)
LC SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2014-04-01
View their other companies + combined net worth →
MACANDREW, Fiona Christian Stephen→
Activedirector · ~76y · appointed 2014-09-23
View their other companies + combined net worth →
MACANDREW, Robert→
Activedirector · ~79y · appointed 2011-04-26
View their other companies + combined net worth →
TUGWELL, Andrew Graham→
Resigneddirector · ~75y · appointed 2011-04-26 · resigned 2013-09-30
Click a director name to see their full track record across all companies.
Recent filings (33 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-06-28
gazette-notice-voluntary
gazette · GAZ1(A)
2022-04-12
dissolution-application-strike-off-company
dissolution · DS01
2022-04-05
accounts-with-accounts-type-dormant
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-10
accounts-with-accounts-type-dormant
accounts · AA
2020-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-20
accounts-with-accounts-type-dormant
accounts · AA
2019-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2019-05-08
accounts-with-accounts-type-dormant
accounts · AA
2018-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-05-10
accounts-with-accounts-type-dormant
accounts · AA
2018-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-30
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-01-23
change-person-director-company-with-change-date
officers · CH01
2017-01-11