PAPINGO (HOLDINGS) LIMITED
⚰️Wound downdissolved
SC102946 · ltd · incorporated 1987-01-29
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 36.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 80/100. Strong seller-intent signal (78/100, director aged 71). 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 36.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 36.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
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
- 2014-02-13📄bona-vacantia-companyrestoration · BONA
- 2012-08-24📄gazette-dissolved-compulsorygazette · GAZ2
- 2012-08-24🏁Company dissolved
- 2012-05-04📄gazette-notice-compulsorygazette · GAZ1
- 2011-04-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-11-08📄legacymortgage · MG03s
- 2010-11-06🔓Charge satisfied #1
- 2010-05-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-04-14📄legacyannual-return · 363a
- 2009-02-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-01-12📄legacyannual-return · 363a
- 2009-01-12📍legacyaddress · 353
- 2009-01-09📍legacyaddress · 190
- 2009-01-09📍legacyaddress · 287
- 2009-01-09📄legacyofficers · 288b
- 2008-05-30📍legacyaddress · 287
- 2008-03-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-03-01➖FERGUSON DEWAR LLP resignedcorporate-secretary
- 2007-05-14📄legacyannual-return · 363s
- 2007-03-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-04-11📄legacyannual-return · 363s
- 2006-02-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-04-27📄legacyannual-return · 363s
- 2005-03-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-03-31📄legacyannual-return · 363s
- 2004-03-31📄legacyannual-return · 363(288)
- 1997-04-14➖FERGUSON, Margaret Anne resignedsecretary
- 1997-04-14➕FERGUSON DEWAR LLP appointedcorporate-secretary
- 1997-04-14➖CONNOR, Bernadette resigneddirector
- 1997-04-14➖FERGUSON, Henry Taylor resigneddirector
- 1997-04-14➖FERGUSON, Margaret Anne resigneddirector
- 1997-04-14➖HOWARD, Margaret resigneddirector
- 1989-07-24🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1989-02-22➕TOMKINS, Alan Cyril appointeddirector
- 1989-02-22➕CONNOR, Bernadette appointeddirector
- 1989-02-22➕HOWARD, Margaret appointeddirector
- 1987-01-29🏢Company incorporatedAs PAPINGO (HOLDINGS) LIMITED
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 37 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — 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 71 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 37 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-08-24
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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|---|---|---|---|---|---|---|---|
| IBP STRATEGY AND RESEARCH LTD.→ SC241515 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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| ICE AGE LIVING LTD→ SC650465 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| IDCP SCOTLAND LIMITED→ SC666120 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| IDP ARCHITECTS TEMPLETON LTD→ SC579792 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| IG GLASS GROUP LIMITED→ SC098991 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
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| IJHOSPITALITY LTD→ SC877311 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ILINK RECRUITMENT LIMITED→ SC777027 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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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
Incorporated1987-01-29
Jurisdictionscotland
Primary SIC7415 — SIC 7415
Registered office
C/O Wineorama 2nd Floor Right
79 West Regent Street
Glasgow
G2 2AW
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2010-04-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
TOMKINS, Alan Cyril→
Activedirector · ~71y · appointed 1989-02-22
View their other companies + combined net worth →
FERGUSON, Margaret Anne→
Resignedsecretary · resigned 1997-04-14
FERGUSON DEWAR LLP→
Resignedcorporate-secretary · appointed 1997-04-14 · resigned 2008-03-01
CONNOR, Bernadette→
Resigneddirector · ~79y · appointed 1989-02-22 · resigned 1997-04-14
FERGUSON, Henry Taylor→
Resigneddirector · ~81y · resigned 1997-04-14
FERGUSON, Margaret Anne→
Resigneddirector · ~75y · resigned 1997-04-14
HOWARD, Margaret→
Resigneddirector · ~73y · appointed 1989-02-22 · resigned 1997-04-14
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 24/07/1989 | 06/11/2010 |
Recent filings (81 total)
bona-vacantia-company
restoration · BONA
2014-02-13
gazette-dissolved-compulsory
gazette · GAZ2
2012-08-24
gazette-notice-compulsory
gazette · GAZ1
2012-05-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-04-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-01-31
legacy
mortgage · MG03s
2010-11-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-05-06
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-01-31
legacy
annual-return · 363a
2009-04-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-02-28
legacy
annual-return · 363a
2009-01-12
legacy
address · 353
2009-01-12
legacy
address · 190
2009-01-09
legacy
address · 287
2009-01-09
legacy
officers · 288b
2009-01-09