TRICON AUTOMATION LIMITED

⚰️Wound downdissolved
SC115991 · ltd · incorporated 1989-02-07
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 33.3y 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
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
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 66). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 33.3y

85/100
ready

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

  • · Oldest live charge is 33.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (57/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
11 officers (3 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
103 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 (44 events)Click to expand
  1. 2018-04-10
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-04-10
    🏁
    Company dissolved
  3. 2018-01-23
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-01-12
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2018-01-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2017-05-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2017-01-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2016-05-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2015-09-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2015-04-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-11-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2014-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2014-10-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2014-10-28
    NEOCLEOUS, Andros appointed
    director
  15. 2014-07-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2014-07-08
    🔓
    Charge satisfied #1
  17. 2014-04-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2013-04-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2013-02-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2012-06-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2012-06-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  23. 2011-10-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2011-04-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2011-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2010-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2010-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  28. 2002-09-23
    EVANS, Sean Thomas appointed
    secretary
  29. 2002-09-23
    STEWART, Ian appointed
    director
  30. 2002-09-23
    KERR, Fiona resigned
    secretary
  31. 2002-09-23
    KERR, Colin Campbell resigned
    director
  32. 2002-09-23
    KERR, Fiona resigned
    director
  33. 1995-10-01
    KERR, Fiona appointed
    director
  34. 1994-12-14
    KERR, Fiona appointed
    secretary
  35. 1994-12-14
    GRANT & COMPANY resigned
    corporate-secretary
  36. 1993-02-17
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  37. 1993-01-19
    CARTWRIGHT, David Williams resigned
    director
  38. 1993-01-06
    KERR, Colin Campbell resigned
    secretary
  39. 1993-01-06
    GRANT & COMPANY appointed
    corporate-secretary
  40. 1990-03-14
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  41. 1990-03-14
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  42. 1989-02-07
    🏢
    Company incorporated
    As TRICON AUTOMATION LIMITED
  43. 1989-02-07
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  44. 1989-02-07
    LYCIDAS NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 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 2018-04-10

Group structure

Routeco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Routeco Limited
Corporate parent · holds 75-100% shares
ultimate parent
TRICON AUTOMATION LIMITED
This company · SC115991

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Routeco Limited
Corporate entity
75100%
75-100% shares06/04/2016

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

🔒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 →

Similar companies

Active · Wholesale & distribution · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALLIANCE SANITARY PRODUCTS LIMITED
SC261393 · est 2004
£8.86M
£6.65M£11.08M
290022y8669y
FAILTE FOOD SERVICE LIMITED
SC275128 · est 2004
£7.59M
£5.69M£9.48M
7121y8566y
WESTSIDE DISTRIBUTION HOLDINGS LIMITED
SC648056 · est 2019
£5.77M
£4.33M£7.21M
276y8467y
WESTSIDE DISTRIBUTION LIMITED
SC365971 · est 2009
£5.77M
£4.33M£7.21M
2716y8867y
SOUTHEAST TRADERS LIMITED
SC235763 · est 2002
£4.00M
£3.00M£5.01M
2623y8867y
SCO-FRO GROUP LIMITED
SC057644 · est 1975
£2.74M
£2.06M£3.43M
2051y9572y
D MCNAIR (BUILDERS MERCHANTS) LIMITED
SC089357 · est 1984
£2.35M
£1.76M£2.93M
6941y8563y
ANDREW MCDICKEN LIMITED
SC034095 · est 1959
£8.7k66y8363y
ASTRA HYGIENE SUPPLIES LIMITED
SC122088 · est 1989
£335.1k36y8381y
BAYMED HEALTHCARE LTD.
SC062673 · est 1977
£77.1k48y8359y
CHAINBRIDGE STEEL (SCOTLAND) LIMITED
SC320954 · est 2007 · no financials extracted
19y8363y
CLEANING & WIPING SUPPLIES LTD.
SC204166 · est 2000
26y8377y
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
Incorporated1989-02-07
Jurisdictionscotland
Primary SIC46520 — SIC 46520

Registered office

25 Fairfield Place
College Milton Industrial Estate
East Kilbride
Glasgow
G74 5LP

Filing status

Accounts
Next due:
Last made up to: 2016-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 8 resigned)

EVANS, Sean Thomas
secretary · appointed 2002-09-23
View their other companies + combined net worth →
Active
NEOCLEOUS, Andros
director · ~62y · appointed 2014-10-28
View their other companies + combined net worth →
Active
STEWART, Ian
director · ~66y · appointed 2002-09-23
View their other companies + combined net worth →
Active
KERR, Colin Campbell
secretary · resigned 1993-01-06
Resigned
KERR, Fiona
secretary · appointed 1994-12-14 · resigned 2002-09-23
Resigned
GRANT & COMPANY
corporate-secretary · appointed 1993-01-06 · resigned 1994-12-14
Resigned
LYCIDAS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1989-02-07 · resigned 1990-03-14
Resigned
CARTWRIGHT, David Williams
director · ~94y · resigned 1993-01-19
Resigned
KERR, Colin Campbell
director · ~69y · resigned 2002-09-23
Resigned
KERR, Fiona
director · ~58y · appointed 1995-10-01 · resigned 2002-09-23
Resigned
LYCIDAS NOMINEES LIMITED
corporate-nominee-director · appointed 1989-02-07 · resigned 1990-03-14
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 property17/02/199308/07/2014

Recent filings (103 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-04-10
gazette-notice-voluntary
gazette · GAZ1(A)
2018-01-23
dissolution-application-strike-off-company
dissolution · DS01
2018-01-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-02
accounts-with-accounts-type-full
accounts · AA
2017-05-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2017-01-09
accounts-with-accounts-type-full
accounts · AA
2016-05-24
accounts-with-accounts-type-full
accounts · AA
2015-09-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-02
accounts-with-accounts-type-dormant
accounts · AA
2014-11-06
appoint-person-director-company-with-name-date
officers · AP01
2014-10-30
change-account-reference-date-company-current-shortened
accounts · AA01
2014-10-30
mortgage-satisfy-charge-full
mortgage · MR04
2014-07-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-25