STARSURE LIMITED

⚰️Wound downdissolved
SC074622 · ltd · incorporated 1981-04-27
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 40.6y old — refinance window within 12 months
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 70). 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 (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 40.6y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 40.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (54/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
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 (32 events)Click to expand
  1. 2019-02-08
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2019-02-08
    🏁
    Company dissolved
  3. 2018-11-08
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2018-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2018-05-29
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2018-05-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2017-10-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2017-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2016-05-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2015-10-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2015-05-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2014-10-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-05-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2013-10-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-08-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-10-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-04-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2011-10-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-05-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2010-10-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2010-10-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2009-10-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2009-10-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2009-10-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2001-02-19
    ➕
    LOGAN, James appointed
    secretary
  26. 2001-02-19
    ➕
    LOGAN, Kathleen Elizabeth appointed
    director
  27. 2001-02-19
    ➖
    ORR, Pauline Anne resigned
    secretary
  28. 2001-02-19
    ➖
    ORR, James Alexander Macconnell resigned
    director
  29. 1999-06-23
    ➕
    ORR, Pauline Anne appointed
    secretary
  30. 1999-06-23
    ➖
    ORR MACQUEEN W S resigned
    corporate-secretary
  31. 1985-10-18
    🔒
    Charge registered #1
    Lender: Halifax Building Society
  32. 1981-04-27
    🏢
    Company incorporated
    As STARSURE 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 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — 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 70 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 45 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2019-02-08

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-02-08: gazette-dissolved-liquidation; 2018-11-08: liquidation-voluntary-return-of-final-meeting-scotland

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Logan
Individual · United Kingdom · DOB 04/1956 · age 70
25–50%
—board controlsig. influence25-50% shares · board control · significant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated1981-04-27
Jurisdictionscotland
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

C/O Johnston Carmichael
227 West George Street
Glasgow
G2 2ND

Filing status

Accounts
Next due: —
Last made up to: 2018-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

LOGAN, James→
secretary · appointed 2001-02-19
View their other companies + combined net worth →
Active
LOGAN, James→
director · ~70y
View their other companies + combined net worth →
Active
LOGAN, Kathleen Elizabeth→
director · ~70y · appointed 2001-02-19
View their other companies + combined net worth →
Active
ORR, Pauline Anne→
secretary · appointed 1999-06-23 · resigned 2001-02-19
Resigned
ORR MACQUEEN W S→
corporate-secretary · resigned 1999-06-23
Resigned
ORR, James Alexander Macconnell→
director · ~87y · resigned 2001-02-19
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Halifax Building Society
Standard security1 property18/10/1985—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (84 total)

gazette-dissolved-liquidation
gazette · GAZ2
2019-02-08
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2018-11-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-05-29
resolution
resolution · RESOLUTIONS
2018-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2016-10-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-05-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-10-07