WGD022 LIMITED

⚰️Wound downdissolved
SC065576 · ltd · incorporated 1978-08-08
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
58/100
Worth a look
🔔
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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 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: low (51/100)

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
22 officers (2 active, 22 linked, 16 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
118 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
60
Some acquirability indicators.
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 (61 events)Click to expand
  1. 2016-12-20
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2016-12-20
    🏁
    Company dissolved
  3. 2016-10-04
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2016-09-22
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2016-05-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2016-01-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2016-01-09
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2016-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2016-01-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2015-12-18
    ➕
    JONES, Iain Angus appointed
    secretary
  11. 2015-12-18
    ➖
    BROWN, Robert Muirhead Birnie resigned
    secretary
  12. 2015-12-18
    ➖
    BROWN, Robert Muirhead Birnie resigned
    director
  13. 2015-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2015-01-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-06-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-12-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-03-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2013-02-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  20. 2013-01-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2012-01-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2012-01-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2011-07-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2011-02-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2011-01-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2010-09-08
    📄
    termination-director-company-with-name
    officers · TM01
  27. 2010-09-08
    📄
    termination-secretary-company-with-name
    officers · TM02
  28. 2010-09-02
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  29. 2010-09-02
    📄
    appoint-person-director-company-with-name
    officers · AP01
  30. 2010-09-01
    ➕
    BROWN, Robert Muirhead Birnie appointed
    secretary
  31. 2010-09-01
    ➖
    JOHNSON, Ian resigned
    secretary
  32. 2010-09-01
    ➕
    BROWN, Robert Muirhead Birnie appointed
    director
  33. 2010-09-01
    ➖
    JOHNSON, Ian resigned
    director
  34. 2009-11-16
    ➕
    SETTER, William George appointed
    director
  35. 2009-11-16
    ➖
    DEAR, Michael resigned
    director
  36. 2006-11-22
    ➕
    DEAR, Michael appointed
    director
  37. 2006-11-22
    ➖
    PARK, George Graeme resigned
    director
  38. 2005-03-21
    ➕
    PARK, George Graeme appointed
    director
  39. 2005-03-21
    ➖
    WATSON, Christopher Edward Milne resigned
    director
  40. 2003-11-24
    ➕
    JOHNSON, Ian appointed
    secretary
  41. 2003-11-24
    ➖
    WATSON, Christopher Edward Milne resigned
    secretary
  42. 2003-11-24
    ➕
    JOHNSON, Ian appointed
    director
  43. 2003-11-24
    ➖
    LANGLANDS, Allister Gordon resigned
    director
  44. 1999-10-01
    ➖
    GOOD, Graham resigned
    secretary
  45. 1999-10-01
    ➕
    WATSON, Christopher Edward Milne appointed
    secretary
  46. 1999-10-01
    ➖
    GOOD, Graham resigned
    director
  47. 1999-10-01
    ➕
    WATSON, Christopher Edward Milne appointed
    director
  48. 1999-04-02
    ➖
    FRASER, Hugh resigned
    director
  49. 1999-04-02
    ➕
    GOOD, Graham appointed
    director
  50. 1998-03-23
    ➖
    BROWN, Charles Nicholas resigned
    secretary
Showing most recent 50 of 61 events

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 48 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 2016-12-20

🔒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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—£2—61y8077y
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 →
🔒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
Incorporated1978-08-08
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Ground Floor, 15 Justice Mill Lane
Aberdeen
AB11 6EQ

Filing status

Accounts
Next due: —
Last made up to: 2015-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 20 resigned)

JONES, Iain Angus→
secretary · appointed 2015-12-18
View their other companies + combined net worth →
Active
SETTER, William George→
director · ~51y · appointed 2009-11-16
View their other companies + combined net worth →
Active
BROWN, Charles Nicholas→
secretary · resigned 1998-03-23
Resigned
BROWN, Robert Muirhead Birnie→
secretary · appointed 2010-09-01 · resigned 2015-12-18
Resigned
GOOD, Graham→
secretary · appointed 1998-03-23 · resigned 1999-10-01
Resigned
JOHNSON, Ian→
secretary · appointed 2003-11-24 · resigned 2010-09-01
Resigned
WATSON, Christopher Edward Milne→
secretary · appointed 1999-10-01 · resigned 2003-11-24
Resigned
BATE, David Charles→
director · ~75y · resigned 1996-04-09
Resigned
BROWN, Robert Muirhead Birnie→
director · ~56y · appointed 2010-09-01 · resigned 2015-12-18
Resigned
CARR, William Hadden→
director · ~93y · resigned 1995-12-31
Resigned
DEAR, Michael→
director · ~55y · appointed 2006-11-22 · resigned 2009-11-16
Resigned
FRASER, Hugh→
director · ~63y · appointed 1996-04-09 · resigned 1999-04-02
Resigned
GARRETT, Edwin Charles→
director · ~94y · resigned 1989-08-06
Resigned
GOOD, Graham→
director · ~77y · appointed 1999-04-02 · resigned 1999-10-01
Resigned
JOHNSON, Ian→
director · ~75y · appointed 2003-11-24 · resigned 2010-09-01
Resigned
LANGLANDS, Allister Gordon→
director · ~68y · appointed 1993-04-12 · resigned 2003-11-24
Resigned
MOTHERWELL, Thomas→
director · ~82y · resigned 1989-11-01
Resigned
PARK, George Graeme→
director · ~57y · appointed 2005-03-21 · resigned 2006-11-22
Resigned
ROWLANDS, Kenneth Thomas→
director · ~93y · resigned 1993-04-04
Resigned
WATSON, Christopher Edward Milne→
director · ~59y · appointed 1999-10-01 · resigned 2005-03-21
Resigned

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

Recent filings (118 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-12-20
gazette-notice-voluntary
gazette · GAZ1(A)
2016-10-04
dissolution-application-strike-off-company
dissolution · DS01
2016-09-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-20
appoint-person-secretary-company-with-name-date
officers · AP03
2016-01-09
termination-director-company-with-name-termination-date
officers · TM01
2016-01-09
termination-secretary-company-with-name-termination-date
officers · TM02
2016-01-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-06-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-31
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-03-25
certificate-change-of-name-company
change-of-name · CERTNM
2013-02-04