GREAT STUART HOMES LIMITED

⚰️Wound downdissolved
SC514887 · ltd · incorporated 2015-09-04
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 10.4y 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). 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 10.4y

65/100
clean up first

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

  • · Oldest live charge is 10.4 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: medium (61/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
18 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. 2020-08-13
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2020-08-13
    🏁
    Company dissolved
  3. 2020-05-13
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting-scotland
    insolvency · LIQ13(Scot)
  4. 2017-04-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2017-04-26
    🔓
    Charge satisfied #2
  6. 2017-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2017-04-06
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2017-04-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2017-04-04
    🔓
    Charge satisfied #1
  10. 2017-03-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2017-03-17
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2016-02-16
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2015-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2015-12-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2015-12-02
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  16. 2015-11-24
    🔒
    Charge registered #1
    Lender: Close Brothers Limited
  17. 2015-11-06
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  18. 2015-11-06
    📄
    capital-name-of-class-of-shares
    capital · SH08
  19. 2015-11-06
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2015-11-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2015-09-04
    🏢
    Company incorporated
    As GREAT STUART HOMES LIMITED
  22. 2015-09-04
    KENNEDY, Patricia Alice appointed
    director
  23. 2015-09-04
    MACKENZIE, Alasdair Duncan Frederick appointed
    director
  24. 2015-09-04
    NORTHAM, George Reginald Usher appointed
    director
  25. 2015-09-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

70/100
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 77 — succession pressure is live.
  • +No director turnover: Company is 11 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 2020-08-13

2 insolvency-related filings on record
high

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

Evidence: 2020-08-13: gazette-dissolved-liquidation; 2020-05-13: liquidation-voluntary-members-return-of-final-meeting-scotland

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alasdair Duncan Frederick Mckenzie
Individual · British · DOB 07/1972 · age 54
2550%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence06/04/2016
Mr George Reginald Usher Northam
Individual · British · DOB 09/1962 · age 64
sig. influencesignificant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2015-09-04
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: 2017-02-28
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

KENNEDY, Patricia Alice
director · ~77y · appointed 2015-09-04
View their other companies + combined net worth →
Active
MACKENZIE, Alasdair Duncan Frederick
director · ~54y · appointed 2015-09-04
View their other companies + combined net worth →
Active
NORTHAM, George Reginald Usher
director · ~64y · appointed 2015-09-04
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 property02/12/201526/04/2017
satisfied
Close Brothers
Close Brothers Limited
A registered charge24/11/201504/04/2017

Recent filings (18 total)

gazette-dissolved-liquidation
gazette · GAZ2
2020-08-13
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2020-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2017-04-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-04-06
resolution
resolution · RESOLUTIONS
2017-04-06
mortgage-satisfy-charge-full
mortgage · MR04
2017-04-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-03-17
change-account-reference-date-company-previous-extended
accounts · AA01
2017-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2016-09-16
certificate-change-of-name-company
change-of-name · CERTNM
2016-02-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-12-04
capital-variation-of-rights-attached-to-shares
capital · SH10
2015-11-06
capital-name-of-class-of-shares
capital · SH08
2015-11-06