WALLACE BROWN LIMITED
⚰️Wound downdissolved
SC061251 · ltd · incorporated 1976-12-01
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
62/100
Worth a look
What this business does
Primary activity: SIC 46650
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 72/100. Strong seller-intent signal (88/100, director aged 70). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
8 live charges · 5 lenders · oldest 49.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 49.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 8 with DOB)
81
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
140 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 (57 events)Click to expand
- 2023-12-05📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-12-05🏁Company dissolved
- 2023-09-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-09-12📄dissolution-application-strike-off-companydissolution · DS01
- 2023-01-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-11-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-08-15➕COULL, Gavin John appointedsecretary
- 2022-08-14➖GORDON, Robert James resignedsecretary
- 2021-12-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-01-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-03-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-03-10➖LISTER, John Ritchie Hood resigneddirector
- 2017-02-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-09-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-02-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-10-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-31➕GORDON, Robert James appointedsecretary
- 2013-07-31➖MCWHINNIE, John resignedsecretary
- 2013-07-31➖MCWHINNIE, John resigneddirector
- 2012-03-14🔓Charge satisfied #10
- 2009-05-01🔓Charge satisfied #1
- 2009-01-15🔒Charge registered #10Lender: Lloyds Tsb Scotland PLC
- 2005-01-12➕CAMPBELL, Colin David appointeddirector
- 2005-01-12➕MCWHINNIE, John appointedsecretary
- 2005-01-12➖HBJ SECRETARIAL LIMITED resignedcorporate-secretary
- 2005-01-12➖CURRAN, John Paul resigneddirector
- 2005-01-12➖DUFF, Grant resigneddirector
- 2005-01-12➕MCWHINNIE, John appointeddirector
- 2004-12-30🔓Charge satisfied #9
- 2004-12-16🔓Charge satisfied #8
- 2004-12-16🔓Charge satisfied #4
- 2004-12-16🔓Charge satisfied #2
- 2004-07-15➖WATSON, Joyce Elma resignedsecretary
- 2004-07-15➕HBJ SECRETARIAL LIMITED appointedcorporate-secretary
- 2002-01-03➖DUFF, Grant resignedsecretary
- 2002-01-03➕WATSON, Joyce Elma appointedsecretary
- 2001-04-30➖GRAHAM, Gordon resigneddirector
- 1999-07-01➕GRAHAM, Gordon appointeddirector
- 1999-07-01➕LISTER, John Ritchie Hood appointeddirector
- 1998-09-24🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
- 1998-09-10🔓Charge satisfied #7
- 1998-09-10🔓Charge satisfied #3
- 1995-08-30➖CASSIDY, James resigneddirector
- 1991-08-07➖BREINGAN, Mark A resigneddirector
- 1990-07-16➕CURRAN, John Paul appointeddirector
Showing most recent 50 of 57 events
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 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
100/100
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 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-12-05
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
Langstane Press Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Langstane Press Limited
Corporate parent · holds 75-100% shares
⬇
WALLACE BROWN LIMITED
This company · SC061251
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Langstane Press Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
Mr John Harrison Campbell Individual · British · DOB 07/1947 · age 79 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Colin David Campbell Individual · British · DOB 05/1956 · age 70 | — | — | sig. influencesignificant influence | 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 · Wholesale & distribution · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JOHN DAVIDSON (PIPES) LIMITED→ SC050397 · est 1972 | £15.21M £11.41M–£19.01M | £79.83M | — | 25000 | 54y | 83 | 61y |
| QUALITY FOOD PRODUCTS (ABERDEEN) LIMITED→ SC046323 · est 1969 | £7.30M £5.48M–£9.13M | — | — | 67 | 57y | 83 | 59y |
| WELLHEAD ELECTRICAL SUPPLIES LIMITED→ SC123707 · est 1990 | £993.4k £745.1k–£1.24M | — | — | 15 | 36y | 83 | 73y |
| MO & CO (UK) LIMITED→ SC236096 · est 2002 | £860.4k £645.3k–£1.08M | — | — | 2100 | 23y | 82 | 86y |
| KEITH BUILDERS MERCHANTS LIMITED→ SC217157 · est 2001 | £155.6k £116.7k–£194.6k | — | — | 39 | 25y | 84 | 58y |
| APEX TUBULARS LIMITED→ SC331461 · est 2007 | — | — | — | 600 | 18y | 83 | 63y |
| GPH BUILDERS MERCHANTS LIMITED→ SC378341 · est 2010 · no financials extracted | — | — | — | — | 16y | 83 | 71y |
| ABERDEEN OFFICE SUPPLIES LIMITED→ SC238550 · est 2002 | — | — | £59.2k | — | 23y | 82 | 67y |
| CABER COFFEE LIMITED→ SC329912 · est 2007 | — | — | £593.6k | — | 18y | 82 | 83y |
| CRAIGIEVAR TIMBER LIMITED→ SC357720 · est 2009 | — | — | £227.4k | — | 17y | 82 | 74y |
| D. RUDDIMAN LIMITED→ SC031624 · est 1956 | — | — | £15.2k | — | 69y | 82 | 96y |
| GOOD TASTE SCOTLAND LIMITED→ SC314261 · est 2007 | — | — | £50.0k | — | 19y | 82 | 70y |
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
Incorporated1976-12-01
Jurisdictionscotland
Primary SIC46650 — SIC 46650
Registered office
1 Links Place
Aberdeen
AB11 5DY
Filing status
Accounts
Next due: —
Last made up to: 2022-04-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 12 resigned)
Active
CAMPBELL, Colin David→
Activedirector · ~70y · appointed 2005-01-12
View their other companies + combined net worth →
DUFF, Grant→
Resignedsecretary · resigned 2002-01-03
GORDON, Robert James→
Resignedsecretary · appointed 2013-07-31 · resigned 2022-08-14
MCWHINNIE, John→
Resignedsecretary · appointed 2005-01-12 · resigned 2013-07-31
WATSON, Joyce Elma→
Resignedsecretary · appointed 2002-01-03 · resigned 2004-07-15
HBJ SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2004-07-15 · resigned 2005-01-12
BREINGAN, Mark A→
Resigneddirector · ~68y · resigned 1991-08-07
CASSIDY, James→
Resigneddirector · ~77y · resigned 1995-08-30
CURRAN, John Paul→
Resigneddirector · ~77y · appointed 1990-07-16 · resigned 2005-01-12
DUFF, Grant→
Resigneddirector · ~69y · resigned 2005-01-12
GRAHAM, Gordon→
Resigneddirector · ~67y · appointed 1999-07-01 · resigned 2001-04-30
LISTER, John Ritchie Hood→
Resigneddirector · ~63y · appointed 1999-07-01 · resigned 2017-03-10
MCWHINNIE, John→
Resigneddirector · ~75y · appointed 2005-01-12 · resigned 2013-07-31
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 15/01/2009 | 14/03/2012 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 24/09/1998 | 30/12/2004 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 13/02/1990 | 16/12/2004 | |
| satisfied | Douglas Aitken Brown & Another | Standard security | 1 property | 06/10/1989 | 10/09/1998 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 26/09/1989 | 16/12/2004 | |
| satisfied | Douglas Aitken Brown and Another | Bond & floating charge | 1 property | 25/09/1989 | 10/09/1998 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 08/07/1985 | 16/12/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/04/1977 | 01/05/2009 |
Recent filings (140 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
gazette-notice-voluntary
gazette · GAZ1(A)
2023-09-19
dissolution-application-strike-off-company
dissolution · DS01
2023-09-12
accounts-with-accounts-type-dormant
accounts · AA
2023-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-11
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-10
appoint-person-secretary-company-with-name-date
officers · AP03
2022-11-10
accounts-with-accounts-type-dormant
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
accounts-with-accounts-type-dormant
accounts · AA
2021-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14
accounts-with-accounts-type-dormant
accounts · AA
2019-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-30