DRUMMORE HOMES LIMITED

⚰️Wound downdissolved
SC481471 · ltd · incorporated 2014-07-04
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 11.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
51/100
Worth a look
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 51/100 (worth a look), bankability 60/100. Strong seller-intent signal (68/100, director aged 77). Asset purchase likely safer than share purchase given structural signals. 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 (53/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · oldest 11.4y

65/100
clean up first

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

  • · Oldest live charge is 11.4 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: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

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
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
18 connected companies via shared directors
90
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
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 (25 events)Click to expand
  1. 2019-01-24
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2019-01-24
    🏁
    Company dissolved
  3. 2018-10-24
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2016-02-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2016-02-03
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2016-01-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2016-01-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2016-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2016-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2016-01-21
    🔓
    Charge satisfied #2
  11. 2016-01-21
    🔓
    Charge satisfied #1
  12. 2015-08-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-01-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2015-01-06
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  15. 2014-12-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2014-12-16
    🔒
    Charge registered #1
    Lender: Close Brothers Limited
  17. 2014-11-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2014-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2014-10-20
    ➕
    KENNEDY, Patricia Alice appointed
    director
  21. 2014-10-20
    ➕
    MACKENZIE, Alasdair Duncan Frederick appointed
    director
  22. 2014-07-04
    🏢
    Company incorporated
    As DRUMMORE HOMES LIMITED
  23. 2014-07-04
    ➕
    KENNEDY, John Anthony Bingham appointed
    director
  24. 2014-07-04
    ➕
    NORTHAM, George Reginald Usher appointed
    director
  25. 2014-07-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2019-01-24

2 insolvency-related filings on record
high

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

Evidence: 2019-01-24: gazette-dissolved-liquidation; 2018-10-24: liquidation-voluntary-return-of-final-meeting-scotland

🔒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

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Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2014-07-04
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

7-11 Melville Street
Edinburgh
EH3 7PE

Filing status

Accounts
Next due: —
Last made up to: 2015-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 0 resigned)

KENNEDY, John Anthony Bingham→
director · ~75y · appointed 2014-07-04
View their other companies + combined net worth →
Active
KENNEDY, Patricia Alice→
director · ~77y · appointed 2014-10-20
View their other companies + combined net worth →
Active
MACKENZIE, Alasdair Duncan Frederick→
director · ~54y · appointed 2014-10-20
View their other companies + combined net worth →
Active
NORTHAM, George Reginald Usher→
director · ~64y · appointed 2014-07-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Close Brothers
Close Brothers Limited
A registered charge1 property06/01/201521/01/2016
satisfied
Close Brothers
Close Brothers Limited
A registered charge—16/12/201421/01/2016

Recent filings (15 total)

gazette-dissolved-liquidation
gazette · GAZ2
2019-01-24
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2018-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-02-03
resolution
resolution · RESOLUTIONS
2016-02-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-27
change-account-reference-date-company-previous-extended
accounts · AA01
2016-01-26
mortgage-satisfy-charge-full
mortgage · MR04
2016-01-21
mortgage-satisfy-charge-full
mortgage · MR04
2016-01-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-01-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2014-12-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-28
appoint-person-director-company-with-name-date
officers · AP01
2014-10-30
appoint-person-director-company-with-name-date
officers · AP01
2014-10-30
incorporation-company
incorporation · NEWINC
2014-07-04