WM.NICOL & SONS(IRONMONGERS)LIMITED

⚰️Wound downdissolved
SC059156 · ltd · incorporated 1975-12-30
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
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 5190
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 98). 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 (65/100).

Data confidence

Overall: low (49/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
67
Some moderate concerns — review flags.
Signal strength
90
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 (35 events)Click to expand
  1. 2010-03-19
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-03-19
    🏁
    Company dissolved
  3. 2009-11-27
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2009-11-18
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2009-06-24
    📄
    accounts-with-made-up-date
    accounts · AA
  6. 2008-09-02
    📄
    legacy
    annual-return · 363a
  7. 2008-08-11
    📄
    accounts-with-made-up-date
    accounts · AA
  8. 2007-08-31
    📄
    legacy
    officers · 288b
  9. 2007-08-31
    📄
    legacy
    officers · 288b
  10. 2007-08-31
    📄
    legacy
    officers · 288a
  11. 2007-08-31
    📄
    legacy
    annual-return · 363a
  12. 2007-08-01
    LAW, Robert Reid appointed
    secretary
  13. 2007-08-01
    WISHART, George Brian Hood resigned
    secretary
  14. 2007-08-01
    WISHART, George Brian Hood resigned
    director
  15. 2007-06-26
    📄
    accounts-with-made-up-date
    accounts · AA
  16. 2006-09-19
    📄
    legacy
    annual-return · 363a
  17. 2006-08-30
    📄
    accounts-with-made-up-date
    accounts · AA
  18. 2005-09-20
    📄
    legacy
    annual-return · 363a
  19. 2005-09-05
    📄
    accounts-with-made-up-date
    accounts · AA
  20. 2004-09-03
    📄
    legacy
    annual-return · 363s
  21. 2004-06-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2003-09-06
    📄
    legacy
    annual-return · 363s
  23. 2003-07-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2002-09-09
    📄
    legacy
    annual-return · 363s
  25. 2002-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2001-09-04
    📄
    legacy
    annual-return · 363s
  27. 2001-06-21
    📄
    accounts-with-made-up-date
    accounts · AA
  28. 2000-08-30
    📄
    legacy
    annual-return · 363s
  29. 2000-07-06
    📄
    accounts-with-made-up-date
    accounts · AA
  30. 1997-09-01
    WISHART, David Fraser resigned
    secretary
  31. 1997-09-01
    WISHART, George Brian Hood appointed
    secretary
  32. 1997-09-01
    WISHART, David Fraser resigned
    director
  33. 1991-09-14
    PATERSON-BROWN, Keith Wishart resigned
    director
  34. 1991-01-01
    PATERSON-BROWN, Kenneth Wishart appointed
    director
  35. 1975-12-30
    🏢
    Company incorporated
    As WM.NICOL & SONS(IRONMONGERS)LIMITED

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 98 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 98 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 50 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2010-03-19

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated1975-12-30
Jurisdictionscotland
Primary SIC5190 — SIC 5190

Registered office

PO BOX 208
St Clair Street
Edinburgh
EH6 8LJ

Filing status

Accounts
Next due:
Last made up to: 2008-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

LAW, Robert Reid
secretary · appointed 2007-08-01
View their other companies + combined net worth →
Active
PATERSON-BROWN, Keith Wishart
director · ~98y
View their other companies + combined net worth →
Active
PATERSON-BROWN, Kenneth Wishart
director · ~70y · appointed 1991-01-01
View their other companies + combined net worth →
Active
WISHART, David Fraser
secretary · resigned 1997-09-01
Resigned
WISHART, George Brian Hood
secretary · appointed 1997-09-01 · resigned 2007-08-01
Resigned
PATERSON-BROWN, Keith Wishart
director · resigned 1991-09-14
Resigned
WISHART, David Fraser
director · ~95y · resigned 1997-09-01
Resigned
WISHART, George Brian Hood
director · ~88y · resigned 2007-08-01
Resigned

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

Recent filings (62 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-03-19
gazette-notice-voluntary
gazette · GAZ1(A)
2009-11-27
dissolution-application-strike-off-company
dissolution · DS01
2009-11-18
accounts-with-made-up-date
accounts · AA
2009-06-24
legacy
annual-return · 363a
2008-09-02
accounts-with-made-up-date
accounts · AA
2008-08-11
legacy
officers · 288b
2007-08-31
legacy
officers · 288b
2007-08-31
legacy
officers · 288a
2007-08-31
legacy
annual-return · 363a
2007-08-31
accounts-with-made-up-date
accounts · AA
2007-06-26
legacy
annual-return · 363a
2006-09-19
accounts-with-made-up-date
accounts · AA
2006-08-30
legacy
annual-return · 363a
2005-09-20
accounts-with-made-up-date
accounts · AA
2005-09-05