NORTH UIST DEVELOPMENT COMPANY (TRADING) LIMITED

⚰️Wound downconverted-closed
SC431097 · converted-or-closed · incorporated 2012-08-24
Investment thesis
Company converted closed — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2017
Net worth
£-17.4k
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 7 with DOB)
90
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
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £17,377

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£17k
Current Assets
£30k
↑ 15816% YoY
Current Liabilities
—
-£17k-£8k£2k£11k£21k£30kMar 2016Mar 2017

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2017-03-312016-03-31
Total assets£-17.4k£-17.4k
Current assets£30.1k£189
Current liabilities—£17.6k
Net assets£-17.4k—

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (32 events)Click to expand
  1. 2018-03-27
    📄
    miscellaneous
    miscellaneous · MISC
  2. 2018-03-27
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2018-03-27
    🏁
    Company dissolved
  4. 2017-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2017-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2017-08-15
    ➖
    CAMPBELL, Ada Hiley resigned
    director
  7. 2017-08-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2017-08-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2017-08-09
    ➕
    HOCINE, Mustapha appointed
    director
  10. 2017-08-09
    ➕
    MACLEOD, Catherine Ann appointed
    director
  11. 2016-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-08-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2016-04-20
    ➖
    JACKSON, George Douglas resigned
    director
  14. 2015-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-09-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2015-03-03
    ➖
    FRASER, Robert John resigned
    director
  18. 2014-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2014-09-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2013-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2013-09-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  22. 2013-09-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2013-09-07
    📄
    termination-director-company-with-name
    officers · TM01
  24. 2013-09-07
    📄
    termination-director-company-with-name
    officers · TM01
  25. 2013-08-20
    ➖
    ROBERTSON, Uisdean resigned
    director
  26. 2012-08-24
    🏢
    Company incorporated
    As NORTH UIST DEVELOPMENT COMPANY (TRADING) LIMITED
  27. 2012-08-24
    ➕
    ROSS, Andrew appointed
    director
  28. 2012-08-24
    ➕
    CAMPBELL, Ada Hiley appointed
    director
  29. 2012-08-24
    ➕
    FRASER, Robert John appointed
    director
  30. 2012-08-24
    ➕
    JACKSON, George Douglas appointed
    director
  31. 2012-08-24
    ➕
    ROBERTSON, Uisdean appointed
    director
  32. 2012-08-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2018-12-31

Group structure

North Uist Development Company holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
North Uist Development Company
Corporate parent · board control
⬇
NORTH UIST DEVELOPMENT COMPANY (TRADING) LIMITED
This company · SC431097

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
North Uist Development Company
Corporate entity
——board controlsig. influenceboard control · significant influence · trust interest06/04/2016

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

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.

See pricing →

Company details

Statusconverted-closed
Typeconverted-or-closed
Incorporated2012-08-24
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Claddach Kirkibost Centre
Isle Of North Uist
Western Isles
HS6 5EP

Filing status

Accounts
Next due: 2018-12-31OVERDUE
Last made up to: 2017-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 4 resigned)

HOCINE, Mustapha→
director · ~65y · appointed 2017-08-09
View their other companies + combined net worth →
Active
MACLEOD, Catherine Ann→
director · ~69y · appointed 2017-08-09
View their other companies + combined net worth →
Active
ROSS, Andrew→
director · ~65y · appointed 2012-08-24
View their other companies + combined net worth →
Active
CAMPBELL, Ada Hiley→
director · ~83y · appointed 2012-08-24 · resigned 2017-08-15
Resigned
FRASER, Robert John→
director · ~68y · appointed 2012-08-24 · resigned 2015-03-03
Resigned
JACKSON, George Douglas→
director · ~85y · appointed 2012-08-24 · resigned 2016-04-20
Resigned
ROBERTSON, Uisdean→
director · ~75y · appointed 2012-08-24 · resigned 2013-08-20
Resigned

Click a director name to see their full track record across all companies.

Recent filings (21 total)

miscellaneous
miscellaneous · MISC
2018-03-27
resolution
resolution · RESOLUTIONS
2018-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-09-06
termination-director-company-with-name-termination-date
officers · TM01
2017-09-06
appoint-person-director-company-with-name-date
officers · AP01
2017-08-14
appoint-person-director-company-with-name-date
officers · AP01
2017-08-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2016-09-05
termination-director-company-with-name-termination-date
officers · TM01
2016-08-10
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-25
termination-director-company-with-name-termination-date
officers · TM01
2015-09-25
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-29