M. & A. THOMSON LITHO LIMITED

⚰️Wound downdissolved

SC044706 · ltd · incorporated 1967-06-13

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

52/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 2222

Sector: Manufacturing

ALSO REGISTERED FOR

2223SIC 2223
7260SIC 7260

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 32/100. 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: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

22 live charges · 7 lenders · oldest 53.9y

25/100

too messy

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

· Oldest live charge is 53.9 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 75/100 (specialist).

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

22 charges (22/22 with lender, 22/22 with type)

Directors & officers

34 officers (4 active, 34 linked, 29 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

196 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

52/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (121 events)Click to expand

2023-04-11
📄
gazette-dissolved-compulsory
gazette · GAZ2
2023-04-11
🏁
Company dissolved
2023-01-10
📄
gazette-notice-compulsory
gazette · GAZ1
2022-01-27
📄
court-order
miscellaneous · OC-DV
2014-07-17
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2014-04-17
⚠️
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2014-04-17
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-11-14
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-05-13
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-04-03
⚠️
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2013-02-20
⚠️
liquidation-administration-insufficient-property-scotland
insolvency · 2.32B(Scot)
2012-11-29
📄
legacy
liquidation · 2.18B(Scot)
2012-11-29
⚠️
liquidation-in-administration-revised-proposals-scotland
insolvency · 2.17B(Scot)
2012-11-09
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-09-06
⚠️
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2012-05-22
⚠️
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-01-04
⚠️
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2011-12-08
⚠️
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2011-11-11
⚠️
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2011-11-03
⚠️
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2011-10-19
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2011-09-15
➖
WALKER, Douglas resigned
secretary
2011-09-15
➖
WALKER, Douglas resigned
director
2011-09-15
📄
termination-director-company-with-name
officers · TM01
2011-09-15
📄
termination-secretary-company-with-name
officers · TM02
2011-04-14
📄
termination-director-company-with-name
officers · TM01
2011-03-30
➖
ADAM, David resigned
director
2011-01-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-08
📄
change-account-reference-date-company-current-extended
accounts · AA01
2010-08-18
➖
WHITTET, Vincent resigned
director
2010-03-16
🔒
Charge registered #28
Lender: Barclays Bank PLC
2010-03-01
➕
LETHAM, Gavin James appointed
director
2010-02-24
➕
JOHNSON, Shawn appointed
director
2010-02-24
➕
STERBA, Michal appointed
director
2010-02-24
➕
TATAR, Vlastimil appointed
director
2010-02-24
➖
THOMSON, Anne Catherine resigned
director
2010-02-24
➖
THOMSON, Colin Neil resigned
director
2010-02-24
➖
THOMSON, Gary Alexander resigned
director
2010-02-24
➖
THOMSON, Kenneth Joseph resigned
director
2010-02-24
➖
THOMSON, Matthew Hamilton resigned
director
2010-02-24
➕
WALKER, Douglas appointed
director
2010-02-24
🔓
Charge satisfied #24
2010-02-24
🔓
Charge satisfied #13
2009-11-19
➖
WILLIAMSON, John resigned
director
2008-07-01
➖
GARDINER, John resigned
director
2008-04-18
➖
THOMSON, Matthew Hamilton resigned
director
2008-02-07
➖
FITZPATRICK, John resigned
director
2007-08-15
🔒
Charge registered #27
Lender: Barclays Bank PLC
2007-03-30
➖
WATSON, Allan James resigned
director
2006-08-10
🔒
Charge registered #26
Lender: Barclays Bank PLC

Showing most recent 50 of 121 events

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

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

83/100

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 70 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 59 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

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-04-11

15 insolvency-related filings on record

high

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

Evidence: 2014-07-17: gazette-dissolved-liquidation; 2014-04-17: liquidation-in-administration-move-to-dissolution-scotland

Charge satisfaction-then-recreation pattern

medium

Multiple 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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DIESELEC THISTLE GENERATORS LIMITED→ SC269766 · est 2004	£7.66M £5.96M–£9.37M	—	—	10300	21y	84	58y
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PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005	£4.66M £3.63M–£5.70M	£24.98M	—	15700	20y	84	70y
PCT GROUP SALES LIMITED→ SC075642 · est 1981	£3.56M £2.77M–£4.35M	—	—	77	44y	85	83y
PROMAT BD LIMITED→ SC208370 · est 2000	£3.41M £2.65M–£4.17M	—	—	8500	25y	87	70y
KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987	£3.30M £2.57M–£4.03M	—	—	57	38y	84	65y
INDEPENDENT GLASS COMPANY LIMITED→ SC107294 · est 1987	£2.83M £2.20M–£3.46M	—	—	21800	38y	85	79y
THOMAS TUNNOCK LIMITED→ SC028747 · est 1952	£2.26M £1.76M–£2.76M	—	—	653	74y	85	93y
SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986	£1.51M £1.17M–£1.84M	—	—	2700	40y	85	65y
SOAPWORKS LIMITED→ SC388292 · est 2010	£817.8k £636.1k–£999.6k	£11.53M	—	10300	15y	84	62y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

11 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

Incorporated1967-06-13

Jurisdictionscotland

Primary SIC2222 — SIC 2222

Registered office

C/O Kpmg Llp

191 West George Street

Glasgow

G2 2LJ

Filing status

Accounts

Next due: —

Last made up to: 2009-06-30

Confirmation statement

Next due: —

Last: —

Officers (0 active · 30 resigned)

JOHNSON, Shawn→

director · ~62y · appointed 2010-02-24

View their other companies + combined net worth →

Active

LETHAM, Gavin James→

director · ~62y · appointed 2010-03-01

View their other companies + combined net worth →

Active

STERBA, Michal→

director · ~48y · appointed 2010-02-24

View their other companies + combined net worth →

Active

TATAR, Vlastimil→

director · ~70y · appointed 2010-02-24

View their other companies + combined net worth →

Active

DAVIS, David Palmer→

secretary · appointed 2004-10-11 · resigned 2004-12-20

Resigned

GAILEY, Colin→

secretary · appointed 1998-10-27 · resigned 2004-08-31

Resigned

MCIVER O.B.E, Malcolm→

secretary · appointed 1996-12-01 · resigned 1998-10-27

Resigned

THOMSON, Anne Catherine→

secretary · resigned 1996-12-01

Resigned

WALKER, Douglas→

secretary · appointed 2004-12-20 · resigned 2011-09-15

Resigned

ADAM, David→

director · ~66y · appointed 1999-05-07 · resigned 2011-03-30

Resigned

FITZPATRICK, John→

director · ~78y · appointed 1999-10-12 · resigned 2008-02-07

Resigned

GAILEY, Colin→

director · ~67y · appointed 2000-11-14 · resigned 2004-08-31

Resigned

GARDINER, John→

director · ~70y · appointed 2006-07-10 · resigned 2008-07-01

Resigned

GREEN, Robert→

director · ~68y · appointed 1999-05-07 · resigned 2001-06-28

Resigned

HART, Angela→

director · ~62y · appointed 1999-05-24 · resigned 2005-03-25

Resigned

HARWOOD, Aviva→

director · ~63y · appointed 1999-05-18 · resigned 2005-01-28

Resigned

KERR, James→

director · ~84y · resigned 2002-12-31

Resigned

KIELTY, John→

director · ~78y · appointed 1996-11-01 · resigned 1998-04-06

Resigned

MACKAY, John→

director · ~79y · resigned 2004-03-31

Resigned

MACMORRIS, Robert William→

director · ~90y · resigned 2001-08-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:22 of 22 shown

		Type	Properties
outstanding	Barclays Barclays Bank PLC	Standard security	1 property	16/03/2010	—
outstanding	Barclays Barclays Bank PLC	Agreement on lien over enterprise	1 property	15/08/2007	—
outstanding	Barclays Barclays Bank PLC	Standard security	1 property	10/08/2006	—
outstanding	Barclays Barclays Bank PLC	Floating charge	1 property	03/07/2006	—
satisfied	Royscot Larch Royscot Larch Limited	Ship mortgage	1 property	28/06/2000	24/02/2010
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	24/07/1995	02/08/2006
satisfied	East Kilbride Development Corporation	Standard security	2 properties	28/04/1992	29/10/1996
satisfied	East Kilbride Development Corporation	Standard security	1 property	28/04/1992	29/10/1996
satisfied	East Kilbride Development Corporation	Standard security	1 property	28/04/1992	29/10/1996
satisfied	East Kilbride Development Corporation	Standard security	1 property	28/04/1992	29/10/1996
satisfied	East Kilbride Development Corporation	Standard security	2 properties	27/04/1992	29/10/1996
satisfied	East Kilbride Development Corporation	Standard security	1 property	14/07/1987	07/07/1992
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	06/03/1987	02/08/2006
satisfied	Eagle Star Insurance Company Eagle Star Insurance Company Limited	Standard security	1 property	23/10/1985	24/02/2010
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Letter of postponement	1 property	30/11/1982	04/10/2000
satisfied	East Kilbride Development Corporation	Standard security	1 property	26/08/1982	07/07/1992
satisfied	East Kilbride Development Corporation	Standard security	1 property	01/11/1978	30/06/1992
satisfied	East Kilbride Development Corporation	Standard security	1 property	09/02/1978	30/06/1992
satisfied	East Kilbride Development Corporation	Standard security	1 property	02/02/1978	30/06/1992
satisfied	East Kilbride & Stonehouse Development Corp	Standard security	1 property	18/09/1975	21/07/2000
satisfied	East Kilbride & Stonehouse Development Corp	Standard security	1 property	18/09/1975	21/07/2000
satisfied	East Kilbride Development Corporation, Norfolk House East Kilbride	Standard security	1 property	18/07/1972	21/07/2000

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (196 total)

gazette-dissolved-compulsory

gazette · GAZ2

2023-04-11

gazette-notice-compulsory

gazette · GAZ1

2023-01-10

court-order

miscellaneous · OC-DV

2022-01-27

gazette-dissolved-liquidation

gazette · GAZ2

2014-07-17

liquidation-in-administration-move-to-dissolution-scotland

insolvency · 2.26B(Scot)

2014-04-17

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2014-04-17

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2013-11-14

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2013-05-13

liquidation-in-administration-extension-of-period-scotland

insolvency · 2.22B(Scot)

2013-04-03

liquidation-administration-insufficient-property-scotland

insolvency · 2.32B(Scot)

2013-02-20

legacy

liquidation · 2.18B(Scot)

2012-11-29

liquidation-in-administration-revised-proposals-scotland

insolvency · 2.17B(Scot)

2012-11-29

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2012-11-09

liquidation-in-administration-extension-of-period-scotland

insolvency · 2.22B(Scot)

2012-09-06

liquidation-in-administration-progress-report-scotland

insolvency · 2.20B(Scot)

2012-05-22