DUNEDIN WORLDWIDE INVESTMENT TRUST PLC

⚰️Wound downliquidation
SC003243 · plc · incorporated 1896-07-15
Investment thesis
Company liquidation — 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
40/100
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What this business does
Primary activity: SIC 6523
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 40/100 (watch), bankability 15/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 35.4y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 35.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (6 active, 9 linked, 7 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
40/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
13
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 (36 events)Click to expand
  1. 1998-07-20
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  2. 1998-07-20
    📄
    resolution
    resolution · RESOLUTIONS
  3. 1998-07-20
    📍
    legacy
    address · 287
  4. 1998-07-20
    ⚠️
    liquidation-voluntary-declaration-of-solvency-scotland
    insolvency · 4.25(Scot)
  5. 1998-07-16
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  6. 1998-07-14
    📄
    resolution
    resolution · RESOLUTIONS
  7. 1998-07-14
    📄
    resolution
    resolution · RESOLUTIONS
  8. 1998-07-14
    📄
    resolution
    resolution · RESOLUTIONS
  9. 1998-06-04
    📄
    legacy
    mortgage · 419a(Scot)
  10. 1998-06-04
    🔓
    Charge satisfied #2
  11. 1998-03-06
    📄
    resolution
    resolution · RESOLUTIONS
  12. 1998-03-04
    📄
    legacy
    annual-return · 363s
  13. 1998-03-04
    📄
    legacy
    capital · 123
  14. 1998-02-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 1997-04-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 1997-02-27
    📄
    legacy
    annual-return · 363s
  17. 1997-02-14
    📄
    resolution
    resolution · RESOLUTIONS
  18. 1997-02-14
    📄
    resolution
    resolution · RESOLUTIONS
  19. 1996-10-21
    📄
    legacy
    officers · 288a
  20. 1996-09-25
    📄
    legacy
    officers · 288
  21. 1996-09-25
    📄
    legacy
    officers · 288
  22. 1996-09-20
    EDINBURGH FUND MANAGERS PLC appointed
    corporate-secretary
  23. 1996-09-20
    REID, David Hugh Lorimer appointed
    director
  24. 1996-09-20
    DUNEDIN FUND MANAGERS LIMITED resigned
    corporate-secretary
  25. 1996-08-13
    📄
    legacy
    officers · 288
  26. 1996-08-13
    📄
    legacy
    officers · 288
  27. 1996-07-24
    📄
    legacy
    officers · 288
  28. 1996-07-11
    📄
    legacy
    officers · 288
  29. 1996-06-08
    📄
    resolution
    resolution · RESOLUTIONS
  30. 1996-01-18
    MARR, William Donald resigned
    director
  31. 1994-04-19
    GUILD, Ivor Reginald resigned
    director
  32. 1993-10-19
    COLTMAN, David Alexander appointed
    director
  33. 1991-02-12
    🔒
    Charge registered #2
    Lender: Trustco Finance PLC
  34. 1991-02-12
    🔒
    Charge registered #1
    Lender: Robert Fleming & Co LTD
  35. 1989-05-23
    DOUGLAS MILLER, Robert Alexander Gavin appointed
    director
  36. 1896-07-15
    🏢
    Company incorporated
    As DUNEDIN WORLDWIDE INVESTMENT TRUST PLC

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 37 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 91 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 91 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 37 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 130 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1999-05-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-02-20

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

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

Evidence: 1998-07-20: liquidation-voluntary-appointment-of-liquidator; 1998-07-20: liquidation-voluntary-declaration-of-solvency-scotland

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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12 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.

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Available from the Pro tier upwards.

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Company details

Statusliquidation
Typeplc
Incorporated1896-07-15
Jurisdictionscotland
Primary SIC6523 — SIC 6523

Registered office

Kpmg Saltire Court
20 Castle Terrace
Edinburgh
EH1 2EG

Filing status

Accounts
Next due: 1999-05-31OVERDUE
Last made up to: 1997-10-31
Confirmation statement
Next due: 2017-02-20OVERDUE
Last:

Officers (6 active · 3 resigned)

EDINBURGH FUND MANAGERS PLC
corporate-secretary · appointed 1996-09-20
View their other companies + combined net worth →
Active
COLTMAN, David Alexander
director · ~84y · appointed 1993-10-19
View their other companies + combined net worth →
Active
DOUGLAS MILLER, Robert Alexander Gavin
director · ~89y · appointed 1989-05-23
View their other companies + combined net worth →
Active
EGLINTON AND WINTON, Archibald George Montgomerie, The Rt Earl Of
director · ~87y
View their other companies + combined net worth →
Active
FLEMING, Valentine Patrick
director · ~91y
View their other companies + combined net worth →
Active
REID, David Hugh Lorimer
director · ~80y · appointed 1996-09-20
View their other companies + combined net worth →
Active
DUNEDIN FUND MANAGERS LIMITED
corporate-secretary · resigned 1996-09-20
Resigned
GUILD, Ivor Reginald
director · ~102y · resigned 1994-04-19
Resigned
MARR, William Donald
director · ~96y · resigned 1996-01-18
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Trustco Finance
Trustco Finance PLC
Trust deed standard security1 property12/02/199104/06/1998
outstanding
Robert Fleming & Co
Robert Fleming & Co LTD
Bond & floating charge1 property12/02/1991
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

liquidation-voluntary-appointment-of-liquidator
insolvency · 600
1998-07-20
resolution
resolution · RESOLUTIONS
1998-07-20
legacy
address · 287
1998-07-20
liquidation-voluntary-declaration-of-solvency-scotland
insolvency · 4.25(Scot)
1998-07-20
memorandum-articles
incorporation · MEM/ARTS
1998-07-16
resolution
resolution · RESOLUTIONS
1998-07-14
resolution
resolution · RESOLUTIONS
1998-07-14
resolution
resolution · RESOLUTIONS
1998-07-14
legacy
mortgage · 419a(Scot)
1998-06-04
resolution
resolution · RESOLUTIONS
1998-03-06
legacy
annual-return · 363s
1998-03-04
legacy
capital · 123
1998-03-04
accounts-with-accounts-type-full
accounts · AA
1998-02-24
accounts-with-accounts-type-full
accounts · AA
1997-04-09
legacy
annual-return · 363s
1997-02-27