SLAP (TRADING) LIMITED

⚰️Wound downdissolved

SC086832 · ltd · incorporated 1984-02-22

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

64/100

Worth a look

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What this business does

Primary activity: SIC 6523

Sector: Financial & insurance

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (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: strategic trade sale (73/100).

Data confidence

Overall: low (46/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

27 officers (7 active, 27 linked, 22 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

117 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2011-05-20
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-05-20
🏁
Company dissolved
2011-01-28
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2011-01-13
📄
dissolution-application-strike-off-company
dissolution · DS01
2010-12-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-05-28
📄
annual-return-company-with-made-up-date
annual-return · AR01
2009-10-10
📄
accounts-with-accounts-type-full
accounts · AA
2009-09-28
📄
legacy
officers · 288b
2009-09-22
➖
WISHART, Allan Sinclair resigned
director
2009-04-20
📄
legacy
annual-return · 363a
2008-11-28
📄
accounts-with-accounts-type-full
accounts · AA
2008-05-12
📄
legacy
annual-return · 363s
2008-04-08
📄
legacy
officers · 288b
2007-12-25
➖
EUNSON, Cecil Burgess resigned
director
2007-10-02
📄
accounts-with-accounts-type-full
accounts · AA
2007-08-02
📄
legacy
officers · 288a
2007-08-01
📄
legacy
officers · 288b
2007-08-01
📄
legacy
officers · 288b
2007-08-01
📄
legacy
officers · 288b
2007-08-01
📄
legacy
officers · 288b
2007-08-01
📄
legacy
officers · 288a
2007-08-01
📄
legacy
officers · 288a
2007-08-01
📄
legacy
officers · 288a
2007-08-01
📄
legacy
officers · 288a
2007-07-05
➕
DUNCAN, Allison George Leslie appointed
director
2007-07-05
➕
HAWKINS, Iris Jean appointed
director
2007-07-05
➕
HENRY, James Herculson appointed
director
2007-07-05
➕
MILLER, Caroline Helen Janette appointed
director
2007-07-05
➖
CHEYNE, Barbara Jane resigned
director
2007-07-05
➖
GRAINS, Florence Barbara resigned
director
2007-07-05
➖
RATTER, William Andrew resigned
director
2007-07-05
➖
TAIT, William resigned
director
2007-07-05
➕
WISHART, Allan Sinclair appointed
director
2007-04-24
📄
legacy
annual-return · 363s
2007-01-25
📄
accounts-with-accounts-type-full
accounts · AA
2006-04-06
📄
legacy
annual-return · 363s
2005-12-01
📄
accounts-with-accounts-type-full
accounts · AA
2003-06-11
➕
MANSON, William Henry appointed
director
2003-06-11
➖
ANDERSON, Robert James resigned
director
2003-06-11
➖
BLACK, Robert Irvine resigned
director
2003-06-11
➕
CHEYNE, Barbara Jane appointed
director
2003-06-11
➕
EUNSON, Cecil Burgess appointed
director
2003-06-11
➕
GRAINS, Florence Barbara appointed
director
2003-06-11
➖
NICOLSON, John Peter resigned
director
2003-06-11
➕
RATTER, William Andrew appointed
director
2003-06-11
➖
STOVE, Thomas William resigned
director
2003-05-07
➕
GODDARD, Jeffrey Paul appointed
secretary
2003-05-07
➖
DOWLE SMITH & RUTHERFORD resigned
corporate-secretary
1999-07-08
➕
CLUNESS, Alexander Jamieson appointed
director
1999-07-08
➕
ANDERSON, Robert James appointed
director

Showing most recent 50 of 69 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 89 — succession pressure is live.

Succession & seller-readiness

90/100

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 89 years old. Natural succession window is now.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 42 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 2011-05-20

Similar companies

Active · Financial services · ZE postcode area

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SCATSTA INVESTMENTS LIMITED→ SC571247 · est 2017	—	—	£934.0k	—	8y	71	88y
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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.

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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

Incorporated1984-02-22

Jurisdictionscotland

Primary SIC6523 — SIC 6523

Registered office

22-24 North Road

Lerwick

Shetland

ZE1 0NQ

Filing status

Accounts

Next due: —

Last made up to: 2010-03-31

Confirmation statement

Next due: —

Last: —