QED COURIERS LIMITED

⚰️Wound downdissolved
SC101849 · ltd · incorporated 1986-11-13
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 30.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does

Despite being registered under a financial and insurance SIC code, the day-to-day activity likely involved courier and parcel delivery logistics across Scotland, with the company name strongly suggesting a transportation and delivery operation, though it has since been voluntarily dissolved.

Primary activity: SIC 6412
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 30.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 30.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
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 (39 events)Click to expand
  1. 2010-11-26
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-11-26
    🏁
    Company dissolved
  3. 2010-08-06
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2010-07-22
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2010-04-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2009-10-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2009-01-12
    📄
    legacy
    annual-return · 363a
  8. 2009-01-12
    📍
    legacy
    address · 353
  9. 2009-01-12
    📍
    legacy
    address · 190
  10. 2009-01-12
    📍
    legacy
    address · 287
  11. 2008-10-02
    📍
    legacy
    address · 287
  12. 2008-10-02
    📄
    legacy
    officers · 288b
  13. 2008-10-02
    📄
    legacy
    officers · 288b
  14. 2008-10-02
    📄
    legacy
    officers · 288a
  15. 2008-10-02
    📄
    legacy
    officers · 288a
  16. 2008-10-02
    📄
    legacy
    officers · 288a
  17. 2008-09-23
    DEAS, Fiona Lindsay appointed
    secretary
  18. 2008-09-23
    DEAS, Fiona Lindsay appointed
    director
  19. 2008-09-23
    MACPHERSON, Graham appointed
    director
  20. 2008-09-23
    STEWART, Jerry Brown appointed
    director
  21. 2008-09-23
    SKENE EDWARDS WS resigned
    corporate-nominee-secretary
  22. 2008-09-23
    OLIVER, Kenneth Hugh resigned
    director
  23. 2008-08-12
    📄
    legacy
    mortgage · 419a(Scot)
  24. 2008-08-11
    🔓
    Charge satisfied #1
  25. 2008-03-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2008-01-16
    📄
    legacy
    annual-return · 363s
  27. 2007-09-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2006-12-18
    📄
    legacy
    annual-return · 363s
  29. 2006-08-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2005-12-06
    📄
    legacy
    annual-return · 363s
  31. 2005-04-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  32. 2004-12-09
    📄
    legacy
    annual-return · 363s
  33. 2004-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  34. 1995-12-19
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  35. 1995-11-30
    BROWN, Pilar resigned
    secretary
  36. 1995-11-30
    SKENE EDWARDS WS appointed
    corporate-nominee-secretary
  37. 1995-11-30
    BROWN, Peter Lawson resigned
    director
  38. 1995-11-30
    OLIVER, Kenneth Hugh appointed
    director
  39. 1986-11-13
    🏢
    Company incorporated
    As QED COURIERS LIMITED

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

83/100
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 74 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 40 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 2010-11-26

🔒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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🔒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
Incorporated1986-11-13
Jurisdictionscotland
Primary SIC6412 — SIC 6412

Registered office

25 Dunedin Street
Edinburgh
Edinburgh
EH7 4JG

Filing status

Accounts
Next due:
Last made up to: 2008-11-30
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

DEAS, Fiona Lindsay
secretary · appointed 2008-09-23
View their other companies + combined net worth →
Active
DEAS, Fiona Lindsay
director · ~61y · appointed 2008-09-23
View their other companies + combined net worth →
Active
MACPHERSON, Graham
director · ~66y · appointed 2008-09-23
View their other companies + combined net worth →
Active
STEWART, Jerry Brown
director · ~74y · appointed 2008-09-23
View their other companies + combined net worth →
Active
BROWN, Pilar
secretary · resigned 1995-11-30
Resigned
SKENE EDWARDS WS
corporate-nominee-secretary · appointed 1995-11-30 · resigned 2008-09-23
Resigned
BROWN, Peter Lawson
director · ~67y · resigned 1995-11-30
Resigned
OLIVER, Kenneth Hugh
director · ~73y · appointed 1995-11-30 · resigned 2008-09-23
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property19/12/199511/08/2008

Recent filings (79 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-11-26
gazette-notice-voluntary
gazette · GAZ1(A)
2010-08-06
dissolution-application-strike-off-company
dissolution · DS01
2010-07-22
gazette-notice-compulsory
gazette · GAZ1
2010-04-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-10-01
legacy
annual-return · 363a
2009-01-12
legacy
address · 353
2009-01-12
legacy
address · 190
2009-01-12
legacy
address · 287
2009-01-12
legacy
address · 287
2008-10-02
legacy
officers · 288b
2008-10-02
legacy
officers · 288b
2008-10-02
legacy
officers · 288a
2008-10-02
legacy
officers · 288a
2008-10-02
legacy
officers · 288a
2008-10-02