FONDS DE CUISINE LTD.
⚰️Wound downdissolved
SC045693 · ltd · incorporated 1968-05-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 57.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 65). 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 (73/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 57.7y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 57.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 6 with DOB)
79
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
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
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 (48 events)Click to expand
- 2023-09-05📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-09-05🏁Company dissolved
- 2023-06-20📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-06-12📄dissolution-application-strike-off-companydissolution · DS01
- 2022-12-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-21➕MCKELVIE, Gordon Campbell appointedsecretary
- 2019-08-21➖STRACHAN, Lucy Jill resignedsecretary
- 2019-08-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-08-21📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-12-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-06-21➖MCLUCKIE, Peter Alexander resigneddirector
- 2016-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-03-17➖BAXTER, Andrew Gordon resigneddirector
- 2016-03-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-02-18➕MCLUCKIE, Peter Alexander appointeddirector
- 2016-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-02-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-19➖MCLUCKIE, Peter Alexander resignedsecretary
- 2015-10-19➕STRACHAN, Lucy Jill appointedsecretary
- 2014-06-03🔓Charge satisfied #5
- 2014-06-03🔓Charge satisfied #4
- 2014-06-03🔓Charge satisfied #3
- 2007-02-14➕MCLUCKIE, Peter Alexander appointedsecretary
- 2007-02-14➖BURNESS LLP resignedcorporate-secretary
- 2006-06-21➖PIA, Paul Dominic resignedsecretary
- 2006-06-21➕BURNESS LLP appointedcorporate-secretary
- 2002-04-08➕PIA, Paul Dominic appointedsecretary
- 2002-04-07➖ANDERSON, Ian resignedsecretary
- 2000-12-15➕BAXTER, Audrey Caroline appointeddirector
- 2000-12-15➕BAXTER, Andrew Gordon appointeddirector
- 2000-12-15➖BAXTER, George Ian Adam resigneddirector
- 2000-12-15➖BAXTER, William Gordon resigneddirector
- 1998-08-10➕ANDERSON, Ian appointedsecretary
- 1998-08-10➖HENDERSON, William Innes resignedsecretary
- 1998-08-10➖HENDERSON, William Innes resigneddirector
- 1978-01-16🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1977-10-03🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1977-10-03🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1972-02-25🔒Charge registered #2Lender: The Highlands and Islands Development Board
- 1968-08-26🔒Charge registered #1Lender: The Highlands and Islands Development Board
- 1968-05-27🏢Company incorporatedAs FONDS DE CUISINE LTD.
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 58 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
1 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-09-05
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Baxters Food Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Baxters Food Group Limited
Corporate parent · holds 75-100% shares
⬇
FONDS DE CUISINE LTD.
This company · SC045693
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Baxters Food Group Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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.
See pricing →Similar companies
Active · Holding company · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE TUITEAM COMPANY LIMITED→ SC189123 · est 1998 | £1.27M £1.08M–£1.46M | — | £1.27M | — | 27y | 83 | 85y |
| CP WAREHOUSING LIMITED→ SC247121 · est 2003 | £2.4k £2.0k–£2.7k | — | £2.4k | — | 23y | 83 | 79y |
| BALFOUR & MANSON PROPERTY LTD.→ SC041493 · est 1964 | £401 £341–£461 | — | £401 | — | 61y | 82 | 66y |
| BLACKCRAIG WINDFARM HOLDINGS LIMITED→ SC502633 · est 2015 | — | — | — | 0 | 11y | 89 | 44y |
| ANDERSON STRATHERN TRUSTEE COMPANY LIMITED→ SC074397 · est 1981 | — | — | — | — | 45y | 83 | 66y |
| CRUDEN HOLDINGS LIMITED→ SC339123 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 59y |
| DEFENSOR TRUSTEES (2001) LIMITED→ SC083874 · est 1983 | — | — | — | — | 42y | 83 | 64y |
| LAKESTREAM LIMITED→ SC183164 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 72y |
| MBM TRUSTEE COMPANY LIMITED→ SC257813 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 59y |
| AD HOLDING COMPANY LIMITED→ SC336916 · est 2008 | — | — | — | — | 18y | 82 | 62y |
| APPINDALE LIMITED→ SC183542 · est 1998 · no financials extracted | — | — | — | — | 28y | 82 | 84y |
| BEN LINE AGENCIES LIMITED→ SC100101 · est 1986 · no financials extracted | — | — | — | — | 39y | 82 | 73y |
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
Incorporated1968-05-27
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
12 Charlotte Square
Edinburgh
EH2 4DJ
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2022-04-02
Confirmation statement
Next due: —
Last: —
Officers (0 active · 11 resigned)
MCKELVIE, Gordon Campbell→
Activesecretary · appointed 2019-08-21
View their other companies + combined net worth →
BAXTER, Audrey Caroline→
Activedirector · ~65y · appointed 2000-12-15
View their other companies + combined net worth →
ANDERSON, Ian→
Resignedsecretary · appointed 1998-08-10 · resigned 2002-04-07
HENDERSON, William Innes→
Resignedsecretary · resigned 1998-08-10
MCLUCKIE, Peter Alexander→
Resignedsecretary · appointed 2007-02-14 · resigned 2015-10-19
PIA, Paul Dominic→
Resignedsecretary · appointed 2002-04-08 · resigned 2006-06-21
STRACHAN, Lucy Jill→
Resignedsecretary · appointed 2015-10-19 · resigned 2019-08-21
BURNESS LLP→
Resignedcorporate-secretary · appointed 2006-06-21 · resigned 2007-02-14
BAXTER, Andrew Gordon→
Resigneddirector · ~68y · appointed 2000-12-15 · resigned 2016-03-17
BAXTER, George Ian Adam→
Resigneddirector · ~106y · resigned 2000-12-15
BAXTER, William Gordon→
Resigneddirector · ~108y · resigned 2000-12-15
HENDERSON, William Innes→
Resigneddirector · ~88y · resigned 1998-08-10
MCLUCKIE, Peter Alexander→
Resigneddirector · ~56y · appointed 2016-02-18 · resigned 2016-06-21
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 16/01/1978 | 03/06/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 03/10/1977 | 03/06/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 03/10/1977 | 03/06/2014 | |
| outstanding | The Highlands and Islands Development Board | Standard security | 1 property | 25/02/1972 | — | |
| outstanding | The Highlands and Islands Development Board | Disposition agreement & minute of agreement | 1 property | 26/08/1968 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (125 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-09-05
gazette-notice-voluntary
gazette · GAZ1(A)
2023-06-20
dissolution-application-strike-off-company
dissolution · DS01
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-dormant
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-11
accounts-with-accounts-type-dormant
accounts · AA
2021-12-23
accounts-with-accounts-type-dormant
accounts · AA
2021-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-13
accounts-with-accounts-type-dormant
accounts · AA
2019-12-18
termination-secretary-company-with-name-termination-date
officers · TM02
2019-08-21
appoint-person-secretary-company-with-name-date
officers · AP03
2019-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-21
accounts-with-accounts-type-dormant
accounts · AA
2018-12-31