LEGACY RMC LIMITED

⚰️Wound downdissolved
SC508688 · ltd · incorporated 2015-06-18
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
year to Mar 2019
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 80). 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: 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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2018Mar 2019

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2019-03-312018-03-31

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

🔒Filing-note intelligence

2 signals 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 (18 events)Click to expand
  1. 2019-10-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2019-10-22
    🏁
    Company dissolved
  3. 2019-08-06
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2019-07-26
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2019-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2018-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2017-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2016-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2016-12-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2016-12-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2016-10-24
    RAE, James Merrylees resigned
    director
  12. 2016-06-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-06-18
    🏢
    Company incorporated
    As LEGACY RMC LIMITED
  14. 2015-06-18
    GILLESPIE MACANDREW SECRETARIES LIMITED appointed
    corporate-secretary
  15. 2015-06-18
    CORCORAN, Michael James appointed
    director
  16. 2015-06-18
    MUNDIE, Douglas Stewart appointed
    director
  17. 2015-06-18
    RAE, James Merrylees appointed
    director
  18. 2015-06-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2019-10-22

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Douglas Stewart Mundie
Individual · British · DOB 07/1952 · age 74
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr James Merrylees Rae
Individual · British · DOB 04/1953 · age 73
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Michael James Corcoran
Individual · British · DOB 01/1946 · age 80
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

Active · Manufacturing · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEYOND UTILITY LTD
SC747627 · est 2022 · no financials extracted
3y
BOOKBINDING BY CRAWFORD LTD
SC337349 · est 2008 · no financials extracted
18y
BOPLOG LTD
SC873872 · est 2025 · no financials extracted
BUTTERWORTHS LENSES LIMITED
SC225522 · est 2001 · no financials extracted
24y
C-DEC HOLDINGS LTD
SC872721 · est 2025 · no financials extracted
C. C. WINDOWS LTD
SC724269 · est 2022 · no financials extracted
4y
C.B. SCOTLAND LTD
SC711838 · est 2021 · no financials extracted
4y
CALEDONIAN MACHINE TOOLS LTD.
SC322144 · est 2007 · no financials extracted
18y
CAPITAL IMAGING LTD
SC879792 · est 2026 · no financials extracted
CAPITAL OPTICS LTD
SC452004 · est 2013 · no financials extracted
12y
CAPITAL POWER CLEAN LIMITED
SC332575 · est 2007 · no financials extracted
18y
CAPITAL STONE PRODUCTS LIMITED
SC688841 · est 2021 · no financials extracted
5y
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
Incorporated2015-06-18
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

5 Atholl Crescent
Edinburgh
Lothian
EH3 8EJ
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2019-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED
corporate-secretary · appointed 2015-06-18
View their other companies + combined net worth →
Active
CORCORAN, Michael James
director · ~80y · appointed 2015-06-18
View their other companies + combined net worth →
Active
MUNDIE, Douglas Stewart
director · ~74y · appointed 2015-06-18
View their other companies + combined net worth →
Active
RAE, James Merrylees
director · ~73y · appointed 2015-06-18 · resigned 2016-10-24
Resigned

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

Recent filings (13 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2019-10-22
gazette-notice-voluntary
gazette · GAZ1(A)
2019-08-06
dissolution-application-strike-off-company
dissolution · DS01
2019-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2017-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2016-12-27
termination-director-company-with-name-termination-date
officers · TM01
2016-12-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-30
incorporation-company
incorporation · NEWINC
2015-06-18