ST GILES SHOPPING CENTRE HOLDINGS LIMITED

⚰️Wound downliquidation
SC436528 · ltd · incorporated 2012-11-09
Investment thesis
Company liquidation — 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 13.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2023
Net worth
book net assets
Opportunity
34/100
Pass
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 34/100 (pass), bankability 20/100. Strong seller-intent signal (63/100, director aged 84). Asset purchase likely safer than share purchase given structural signals. 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). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 13.1y

50/100
clean up first

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

  • · Oldest live charge is 13.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£2.7m-£2.2m-£1.6m-£1.0m-£423k£156kApr 2022Apr 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-04-302022-04-30
Total assets£622.3k
Current assets£156.0k
Cash£79.8k
Debtors£76.3k
Net assets£-2.74M

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 (33 events)Click to expand
  1. 2025-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-04-15
    ⚠️
    liquidation-compulsory-notice-winding-up-order-court-scotland
    insolvency · WU01(Scot)
  3. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-11-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2019-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2017-08-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-01-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-04-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-05-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2014-04-02
    🔒
    Charge registered #6
    Lender: Close Brothers Limited
  18. 2014-04-02
    🔓
    Charge satisfied #3
  19. 2014-04-02
    🔓
    Charge satisfied #2
  20. 2014-04-02
    🔓
    Charge satisfied #1
  21. 2014-03-28
    🔒
    Charge registered #5
    Lender: Close Brothers Limited
  22. 2014-03-28
    🔒
    Charge registered #4
    Lender: Close Brothers Limited
  23. 2013-04-17
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  24. 2013-04-03
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  25. 2013-03-28
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  26. 2012-11-09
    🏢
    Company incorporated
    As ST GILES SHOPPING CENTRE HOLDINGS LIMITED
  27. 2012-11-09
    CAMERON, David John appointed
    director
  28. 2012-11-09
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  29. 2012-11-09
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  30. 2012-11-09
    MUNRO, Donald John appointed
    director
  31. 2012-11-09
    MUNRO, Donald John resigned
    director
  32. 2012-11-09
    HMS DIRECTORS LIMITED appointed
    corporate-director
  33. 2012-11-09
    HMS DIRECTORS LIMITED resigned
    corporate-director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

83/100
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 84 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 13 years.

Red flags

4 high · 1 med ·
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: 2025-04-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-11-23

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-04-15: liquidation-compulsory-notice-winding-up-order-court-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David John Cameron
Individual · British · DOB 12/1942 · age 84
75100%
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

14 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

Statusliquidation
Typeltd
Incorporated2012-11-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O INTERPATH LTD
5th Floor, 130 St. Vincent Street
Glasgow
G2 5HF

Filing status

Accounts
Next due: 2025-04-30OVERDUE
Last made up to: 2023-04-30
Confirmation statement
Next due: 2025-11-23OVERDUE
Last: 2024-11-09

Officers (1 active · 3 resigned)

CAMERON, David John
director · ~84y · appointed 2012-11-09
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED
corporate-secretary · appointed 2012-11-09 · resigned 2012-11-09
Resigned
MUNRO, Donald John
director · ~55y · appointed 2012-11-09 · resigned 2012-11-09
Resigned
HMS DIRECTORS LIMITED
corporate-director · appointed 2012-11-09 · resigned 2012-11-09
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited
A registered charge1 property02/04/2014
outstanding
Close Brothers
Close Brothers Limited
A registered charge1 property28/03/2014
outstanding
Close Brothers
Close Brothers Limited
A registered charge28/03/2014
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property17/04/201302/04/2014
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property03/04/201302/04/2014
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property28/03/201302/04/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-17
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2025-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-21
change-account-reference-date-company-previous-extended
accounts · AA01
2020-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-12