LANCEFIELD SCOTLAND LIMITED

⚰️Wound downdissolved
SC592598 · ltd · incorporated 2018-03-27
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
47/100
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What this business does
Primary activity: SIC 52219
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 47/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (58/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
47/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
5
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (22 events)Click to expand
  1. 2023-06-07
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2023-06-07
    🏁
    Company dissolved
  3. 2023-03-07
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting-scotland
    insolvency · LIQ14(Scot)
  4. 2021-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2021-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-11-25
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2021-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2020-10-20
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  10. 2020-07-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2020-02-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-05-01
    SCOTT, Fraser appointed
    secretary
  14. 2019-01-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-01-14
    RUDDEN, John resigned
    director
  16. 2018-12-05
    RUDDEN, John appointed
    director
  17. 2018-12-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2018-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-10-04
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2018-03-27
    🏢
    Company incorporated
    As LANCEFIELD SCOTLAND LIMITED
  21. 2018-03-27
    SPENCE, Stuart John appointed
    director
  22. 2018-03-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 2023-06-07

2 insolvency-related filings on record
high

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

Evidence: 2023-06-07: gazette-dissolved-liquidation; 2023-03-07: liquidation-voluntary-creditors-return-of-final-meeting-scotland

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stuart John Spence
Individual · Scottish · DOB 06/1963 · age 63
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/03/2018

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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Company details

Statusdissolved
Typeltd
Incorporated2018-03-27
Jurisdictionscotland
Primary SIC52219 — SIC 52219

Registered office

18 Bothwell Street
Glasgow
G2 6NU

Filing status

Accounts
Next due:
Last made up to: 2020-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

SCOTT, Fraser
secretary · appointed 2019-05-01
View their other companies + combined net worth →
Active
SPENCE, Stuart John
director · ~63y · appointed 2018-03-27
View their other companies + combined net worth →
Active
RUDDEN, John
director · ~64y · appointed 2018-12-05 · resigned 2019-01-14
Resigned

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

Recent filings (19 total)

gazette-dissolved-liquidation
gazette · GAZ2
2023-06-07
liquidation-voluntary-creditors-return-of-final-meeting-scotland
insolvency · LIQ14(Scot)
2023-03-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-25
resolution
resolution · RESOLUTIONS
2021-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-03-29
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2020-10-20
appoint-person-secretary-company-with-name-date
officers · AP03
2020-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-26
termination-director-company-with-name-termination-date
officers · TM01
2019-01-25