SCANDINAVIAN CARS LIMITED
⚰️Wound downdissolved
NI028662 · ltd · incorporated 1994-08-05
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
—
not disclosed
Net worth
—
book net assets
Opportunity
58/100
Worth a look
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 31.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 31.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (50/100)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
5 charges (3/5 with lender, 5/5 with type)
83
Directors & officers
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
41
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 (49 events)Click to expand
- 2014-08-29📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-08-29🏁Company dissolved
- 2014-07-19📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2014-05-09📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-04-17📄dissolution-application-strike-off-companydissolution · DS01
- 2014-03-21📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2014-03-13⚠️legacyinsolvency · CAP-SS
- 2014-03-13📄legacycapital · SH20
- 2014-03-13📄resolutionresolution · RESOLUTIONS
- 2013-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2013-07-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-12📄miscellaneousmiscellaneous · MISC
- 2012-08-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2012-08-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-08-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2012-08-08➖ERVINE, Derek Ewing resigneddirector
- 2012-07-31📄accounts-with-accounts-type-fullaccounts · AA
- 2012-06-30➕MURPHY, Alan appointedsecretary
- 2012-06-30➖AGNEW, Philip William resignedsecretary
- 2012-02-24📄resolutionresolution · RESOLUTIONS
- 2012-02-07📄legacymortgage · MG01
- 2012-02-01📄legacymortgage · MG01
- 2012-01-31📄resolutionresolution · RESOLUTIONS
- 2012-01-27📄legacymortgage · MG02
- 2012-01-27📄legacymortgage · MG02
- 2012-01-27📄legacymortgage · MG02
- 2012-01-24🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2012-01-24🔒Charge registered #4Lender: National Westminster Bank PLC
- 2012-01-19🔓Charge satisfied #2
- 2012-01-19🔓Charge satisfied #1
- 2012-01-19🔓Charge satisfied #3
- 2012-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2012-01-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2012-01-10➕COLLINSON, Adam appointeddirector
- 2012-01-10➖AGNEW, David Isaac resigneddirector
- 2007-06-22➕AGNEW, Philip William appointedsecretary
- 2007-06-22➖MURRAY, James Peter resignedsecretary
- 1999-12-31➕RUSSELL, Carl Anthony appointeddirector
- 1999-12-21➕ERVINE, Derek Ewing appointeddirector
- 1998-12-31➖AGNEW, John Herbert resigneddirector
- 1994-12-22🔒Charge registered #2Mortgage or charge
- 1994-12-22🔒Charge registered #1Mortgage or charge
- 1994-09-20🔒Charge registered #3Lender: Saab Finance Limited
- 1994-08-05🏢Company incorporatedAs SCANDINAVIAN CARS LIMITED
- 1994-08-05➕TAGGART, Thomas Joseph appointeddirector
- 1994-08-05➕MURRAY, James Peter appointedsecretary
- 1994-08-05➕AGNEW, David Isaac appointeddirector
- 1994-08-05➕AGNEW, John Herbert appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-08-29
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-03-13: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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
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|---|---|---|---|---|---|---|---|
| A S AUTO SPARK LIMITED→ NI737947 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABM PARTS LIMITED→ NI711122 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACSR LIMITED→ NI604650 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACTRADINGNI LTD→ NI733661 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAN GRAHAM RECOVERY LTD→ NI727272 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLOY DIRECT NI LTD→ NI733599 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMCM MOTORS LIMITED→ NI666363 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANJ PARTS LIMITED→ NI633856 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AOCC SALES & REPAIRS LTD→ NI735536 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APEX AUTO SALES LTD→ NI696632 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHES CAR WASH LTD→ NI672162 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARMAGH ATV LTD→ NI735276 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1994-08-05
Jurisdictionnorthern-ireland
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
18 Boucher Way
Belfast
Co Antrim
BT12 6RE
Filing status
Accounts
Next due: —
Last made up to: 2012-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 5 resigned)
Active
COLLINSON, Adam→
Activedirector · ~54y · appointed 2012-01-10
View their other companies + combined net worth →
RUSSELL, Carl Anthony→
Activedirector · ~70y · appointed 1999-12-31
View their other companies + combined net worth →
TAGGART, Thomas Joseph→
Activedirector · ~62y · appointed 1994-08-05
View their other companies + combined net worth →
AGNEW, Philip William→
Resignedsecretary · appointed 2007-06-22 · resigned 2012-06-30
MURRAY, James Peter→
Resignedsecretary · appointed 1994-08-05 · resigned 2007-06-22
AGNEW, David Isaac→
Resigneddirector · ~81y · appointed 1994-08-05 · resigned 2012-01-10
AGNEW, John Herbert→
Resigneddirector · ~97y · appointed 1994-08-05 · resigned 1998-12-31
ERVINE, Derek Ewing→
Resigneddirector · ~72y · appointed 1999-12-21 · resigned 2012-08-08
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 24/01/2012 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 24/01/2012 | — | |
| satisfied | Unknown | Mortgage or charge | 1 property | 22/12/1994 | 19/01/2012 | |
| satisfied | Unknown | Mortgage or charge | 1 property | 22/12/1994 | 19/01/2012 | |
| satisfied | Saab Finance Saab Finance Limited | Debenture | 1 property | 20/09/1994 | 19/01/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-08-29
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2014-07-19
gazette-notice-voluntary
gazette · GAZ1(A)
2014-05-09
dissolution-application-strike-off-company
dissolution · DS01
2014-04-17
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2014-03-21
legacy
insolvency · CAP-SS
2014-03-13
legacy
capital · SH20
2014-03-13
resolution
resolution · RESOLUTIONS
2014-03-13
accounts-with-accounts-type-full
accounts · AA
2013-09-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-09
miscellaneous
miscellaneous · MISC
2012-09-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-08-10
appoint-person-secretary-company-with-name-date
officers · AP03
2012-08-10
termination-secretary-company-with-name-termination-date
officers · TM02
2012-08-10
termination-director-company-with-name-termination-date
officers · TM01
2012-08-10