WATSON DOUGLAS DEVELOPMENTS (STONEHAVEN) LIMITED

⚰️Wound downdissolved
SC563691 · ltd · incorporated 2017-04-20
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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: low (47/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (13 events)Click to expand
  1. 2018-09-25
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2018-09-25
    🏁
    Company dissolved
  3. 2018-07-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2017-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2017-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2017-04-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2017-04-20
    🏢
    Company incorporated
    As WATSON DOUGLAS DEVELOPMENTS (STONEHAVEN) LIMITED
  8. 2017-04-20
    JAMES AND GEORGE COLLIE LLP appointed
    corporate-secretary
  9. 2017-04-20
    DOUGLAS, Keith George appointed
    director
  10. 2017-04-20
    WATSON, David John appointed
    director
  11. 2017-04-20
    MILLER, Innes Richard appointed
    director
  12. 2017-04-20
    MILLER, Innes Richard resigned
    director
  13. 2017-04-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "DOUGLAS" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

66/100
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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 2018-09-25

🔒Co-director network graph

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusdissolved
Typeltd
Incorporated2017-04-20
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

1 East Craibstone Street
Aberdeen
Aberdeenshire
AB11 6YQ
United Kingdom

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

JAMES AND GEORGE COLLIE LLP
corporate-secretary · appointed 2017-04-20
View their other companies + combined net worth →
Active
DOUGLAS, Keith George
director · ~56y · appointed 2017-04-20
View their other companies + combined net worth →
Active
WATSON, David John
director · ~77y · appointed 2017-04-20
View their other companies + combined net worth →
Active
MILLER, Innes Richard
director · ~66y · appointed 2017-04-20 · resigned 2017-04-20
Resigned

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

Recent filings (6 total)

gazette-dissolved-compulsory
gazette · GAZ2
2018-09-25
gazette-notice-compulsory
gazette · GAZ1
2018-07-10
appoint-person-director-company-with-name-date
officers · AP01
2017-04-26
appoint-person-director-company-with-name-date
officers · AP01
2017-04-26
termination-director-company-with-name-termination-date
officers · TM01
2017-04-26
incorporation-company
incorporation · NEWINC
2017-04-20