OPENPEOPLE LIMITED
⚰️Wound downdissolved
SC047569 · ltd · incorporated 1970-05-29
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: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 72/100. Strong seller-intent signal (68/100, director aged 74). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 32.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 32.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 14 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
166 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 (70 events)Click to expand
- 2014-06-20📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-06-20🏁Company dissolved
- 2014-02-28📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-02-18📄dissolution-application-strike-off-companydissolution · DS01
- 2014-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2014-02-11🔓Charge satisfied #7
- 2013-12-03📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2013-11-18📄legacycapital · SH20
- 2013-11-18⚠️legacyinsolvency · CAP-SS
- 2013-11-18📄resolutionresolution · RESOLUTIONS
- 2013-08-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-06-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-12-17📄change-person-director-company-with-change-dateofficers · CH01
- 2012-10-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-09-06📄change-person-director-company-with-change-dateofficers · CH01
- 2012-06-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-11-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-10-31📄termination-secretary-company-with-nameofficers · TM02
- 2011-07-22➖LOWE, Hilary Anne resignedsecretary
- 2011-06-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2011-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2011-04-01📄appoint-person-secretary-company-with-nameofficers · AP03
- 2011-03-24➕LOWE, Hilary Anne appointedsecretary
- 2011-02-23📄termination-secretary-company-with-nameofficers · TM02
- 2011-02-23📄termination-director-company-with-nameofficers · TM01
- 2011-02-14➖GIBSON, Paul David resignedsecretary
- 2011-02-14➖THOMPSON, Mark Harry resigneddirector
- 2010-09-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-07-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-30📄auditors-resignation-companyauditors · AUD
- 2010-02-11➕FIRTH, Barbara Ann appointeddirector
- 2010-02-11➕MURRIA, Vinodka appointeddirector
- 2010-02-10➖TIMOTHY, Fiona Maria resigneddirector
- 2007-03-28🔓Charge satisfied #6
- 2007-02-28🔒Charge registered #7Lender: Hsbc Bank PLC
- 2006-07-19➖FINDLAY, Maxwell George resigneddirector
- 2006-07-19➖SUNLEY, Stephen Richard resigneddirector
- 2006-05-19🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 2006-05-04🔓Charge satisfied #5
- 2006-05-04🔓Charge satisfied #4
- 2005-07-19🔓Charge satisfied #3
- 2005-07-07➕GIBSON, Paul David appointeddirector
- 2005-07-07➕GIBSON, Paul David appointedsecretary
- 2005-07-07➖LEDINGHAM CHALMERS LLP resignedcorporate-secretary
- 2005-07-07➖JOHNSTON, Brian George resigneddirector
- 2005-07-07➖MCPHERSON, Janice resigneddirector
- 2005-07-07➕THOMPSON, Mark Harry appointeddirector
- 2005-07-07➕TIMOTHY, Fiona Maria appointeddirector
- 2003-02-10🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 70 events
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 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — 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 74 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 56 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 2014-06-20
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-11-18: 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
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
Incorporated1970-05-29
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
C/O Burness Llp
50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Filing status
Accounts
Next due: —
Last made up to: 2013-02-28
Confirmation statement
Next due: —
Last: —
Officers (0 active · 16 resigned)
FIRTH, Barbara Ann→
Activedirector · ~74y · appointed 2010-02-11
View their other companies + combined net worth →
GIBSON, Paul David→
Activedirector · ~62y · appointed 2005-07-07
View their other companies + combined net worth →
MURRIA, Vinodka→
Activedirector · ~64y · appointed 2010-02-11
View their other companies + combined net worth →
GIBSON, Paul David→
Resignedsecretary · appointed 2005-07-07 · resigned 2011-02-14
LOWE, Hilary Anne→
Resignedsecretary · appointed 2011-03-24 · resigned 2011-07-22
MCWILLIAM, Peter George Alexander→
Resignedsecretary · appointed 1993-02-19 · resigned 2002-10-01
THOMSON, Julia Margaret Murray→
Resignedsecretary · resigned 1993-02-19
LEDINGHAM CHALMERS LLP→
Resignedcorporate-secretary · appointed 2002-10-01 · resigned 2005-07-07
BARBER, Roy→
Resigneddirector · ~91y · resigned 1994-02-08
FINDLAY, Maxwell George→
Resigneddirector · ~65y · appointed 2002-10-02 · resigned 2006-07-19
GREIG, Ian Cameron→
Resigneddirector · ~86y · resigned 1992-12-31
JOHNSTON, Brian George→
Resigneddirector · ~75y · resigned 2005-07-07
MCPHERSON, Janice→
Resigneddirector · ~65y · appointed 1999-01-01 · resigned 2005-07-07
MCWILLIAM, Peter George Alexander→
Resigneddirector · ~82y · appointed 1999-01-01 · resigned 2002-09-27
NORRIS, Alasdair Cameron→
Resigneddirector · ~77y · resigned 1991-10-31
PETERS, Antony Ralph→
Resigneddirector · ~80y · resigned 2001-05-09
SUNLEY, Stephen Richard→
Resigneddirector · ~69y · appointed 2002-10-02 · resigned 2006-07-19
THOMPSON, Mark Harry→
Resigneddirector · ~70y · appointed 2005-07-07 · resigned 2011-02-14
TIMOTHY, Fiona Maria→
Resigneddirector · ~64y · appointed 2005-07-07 · resigned 2010-02-10
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 28/02/2007 | 11/02/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 19/05/2006 | 28/03/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/02/2003 | 04/05/2006 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/10/2002 | 04/05/2006 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 01/10/2002 | 19/07/2005 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 10/02/1994 | 07/10/2002 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 08/02/1994 | 07/10/2002 |
Recent filings (166 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-06-20
gazette-notice-voluntary
gazette · GAZ1(A)
2014-02-28
dissolution-application-strike-off-company
dissolution · DS01
2014-02-18
mortgage-satisfy-charge-full
mortgage · MR04
2014-02-11
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2013-12-03
legacy
capital · SH20
2013-11-18
legacy
insolvency · CAP-SS
2013-11-18
resolution
resolution · RESOLUTIONS
2013-11-18
accounts-with-accounts-type-dormant
accounts · AA
2013-08-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-06-04
change-person-director-company-with-change-date
officers · CH01
2012-12-17
accounts-with-accounts-type-dormant
accounts · AA
2012-10-18
change-person-director-company-with-change-date
officers · CH01
2012-09-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-26
accounts-with-accounts-type-dormant
accounts · AA
2011-11-09