ABRDN SMALLER COMPANIES INCOME TRUST PLC
⚰️Wound downliquidation
SC137448 · plc · incorporated 1992-03-30
Investment thesis
Company liquidation — 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 30.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
37/100
Watch
What this business does
Primary activity: Activities of investment trusts
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 37/100 (watch), bankability 30/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
1 live charge · oldest 30.7y
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 30.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: low (47/100)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
21 officers (0 active, 21 linked, 16 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
274 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
31
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 (68 events)Click to expand
- 2025-07-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-12📄resolutionresolution · RESOLUTIONS
- 2023-12-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-02➖ABRDN HOLDINGS LIMITED resignedcorporate-secretary
- 2023-12-02➖BREEDY, Rosalyn Antonia resigneddirector
- 2023-12-02➖FLETCHER, David Faviell resigneddirector
- 2023-12-02➖KERSHAW, Dagmar Kent resigneddirector
- 2023-12-02➖METCALFE, Christopher resigneddirector
- 2023-11-22📄resolutionresolution · RESOLUTIONS
- 2023-11-21📄memorandum-articlesincorporation · MA
- 2023-11-20📄accounts-with-accounts-type-interimaccounts · AA
- 2023-06-16📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-16📄resolutionresolution · RESOLUTIONS
- 2022-12-05📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2022-05-25📄resolutionresolution · RESOLUTIONS
- 2022-05-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-17📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-05➖LISTER, Charles Robert resigneddirector
- 2022-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-07✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-01-05➕BREEDY, Rosalyn Antonia appointeddirector
- 2021-06-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-07➕METCALFE, Christopher appointeddirector
- 2021-06-07➖ROSE, Barry Michael resigneddirector
- 2021-05-07📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-06📄memorandum-articlesincorporation · MA
- 2017-05-02➕KERSHAW, Dagmar Kent appointeddirector
- 2017-04-28➖DOBSON, Carolan resigneddirector
- 2016-09-05➖WEST, James Glynn resigneddirector
- 2016-08-01➕FLETCHER, David Faviell appointeddirector
- 2012-04-18➖NICHOLS, Dinah Alison resigneddirector
- 2012-03-01➕LISTER, Charles Robert appointeddirector
- 2011-04-13➖CATHCART, Henry Strachan resigneddirector
- 2011-03-01➕ROSE, Barry Michael appointeddirector
- 2008-02-22➕ABRDN HOLDINGS LIMITED appointedcorporate-secretary
- 2008-02-22➖GLASGOW INVESTMENT MANAGERS LTD resignedcorporate-secretary
- 2005-12-29🔓Charge satisfied #1
- 2004-09-14➕DOBSON, Carolan appointeddirector
- 2004-08-12➖BALFOUR, Michael Warren resigneddirector
- 2003-11-14➕BALFOUR, Michael Warren appointeddirector
- 2003-07-26➖STUBBS, John resigneddirector
- 2003-03-21➖ARNANDER, Christopher James Folke resigneddirector
- 2003-03-21➖IZAT, Alexander John Rennie resigneddirector
- 2002-04-02➕WEST, James Glynn appointeddirector
Showing most recent 50 of 68 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-06-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2024-03-04
Company in liquidation
highCompany is actively being wound up. Not a going concern.
Similar companies
Active · Financial services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MILLER & CO. INVESTMENT MANAGEMENT LIMITED→ SC143600 · est 1993 | £363.6k £264.4k–£462.7k | — | — | 4 | 33y | 85 | 61y |
| PROFESSIONAL FINANCIAL PLANNERS LIMITED→ SC327610 · est 2007 | — | — | £2.38M | — | 18y | 83 | 69y |
| WEALTHWAY LIMITED→ SC207478 · est 2000 | — | — | — | 300 | 26y | 83 | 63y |
| ADVANCED FINANCIAL PLANNING SCOTLAND LIMITED→ SC387177 · est 2010 | — | — | — | 1100 | 15y | 82 | 72y |
| ATHOLL SCOTT FINANCIAL SERVICES LIMITED→ SC108824 · est 1988 | — | — | £233.4k | — | 38y | 82 | 59y |
| OPTIMA FINANCIAL SERVICES LTD.→ SC202196 · est 1999 | — | — | £134.3k | — | 26y | 82 | 69y |
| ATLAS FINANCIAL CONSULTING LIMITED→ SC217926 · est 2001 | — | — | £37.9k | — | 25y | 81 | 64y |
| FUTURA INVESTMENTS LIMITED→ SC181954 · est 1998 | — | — | — | — | 28y | 81 | 61y |
| J M TAYLOR FINANCIAL SERVICES LIMITED→ SC352131 · est 2008 | — | — | £1.83M | — | 17y | 81 | 68y |
| JAMES AND GEORGE COLLIE FINANCIAL MANAGEMENT LIMITED→ SC253171 · est 2003 | — | — | £11.1k | — | 22y | 81 | 68y |
| LOSSIEMOUTH FISHERMEN'S BENEVOLENT ASSOCIATION LIMITED→ SC185887 · est 1998 | — | — | £77.0k | — | 28y | 81 | 81y |
| SEED FUND (CARRY PARTNER) GENERAL PARTNER LIMITED→ SC318560 · est 2007 · no financials extracted | — | — | — | — | 19y | 81 | 71y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Statusliquidation
Typeplc
Incorporated1992-03-30
Jurisdictionscotland
Primary SIC64301 — Activities of investment trusts
Registered office
C/O Frp Advisory Trading Limited, Suite B, 4th Floor
Meridian Union Row
Aberdeen
AB10 1SA
Scotland
Filing status
Accounts
Next due: 2024-06-30OVERDUE
Last made up to: 2022-12-31
Confirmation statement
Next due: 2024-03-04OVERDUE
Last: 2023-02-19
Officers (0 active · 21 resigned)
ABRDN HOLDINGS LIMITED→
Resignedcorporate-secretary · appointed 2008-02-22 · resigned 2023-12-02
GLASGOW INVESTMENT MANAGERS LTD→
Resignedcorporate-secretary · appointed 1992-07-13 · resigned 2008-02-22
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-nominee-secretary · appointed 1992-03-30 · resigned 1992-07-13
ARNANDER, Christopher James Folke→
Resigneddirector · ~94y · appointed 1992-07-13 · resigned 2003-03-21
BALFOUR, Michael Warren→
Resigneddirector · ~66y · appointed 2003-11-14 · resigned 2004-08-12
BREEDY, Rosalyn Antonia→
Resigneddirector · ~59y · appointed 2022-01-05 · resigned 2023-12-02
CATHCART, Henry Strachan→
Resigneddirector · ~86y · appointed 1995-04-10 · resigned 2011-04-13
DOBSON, Carolan→
Resigneddirector · ~72y · appointed 2004-09-14 · resigned 2017-04-28
FLETCHER, David Faviell→
Resigneddirector · ~72y · appointed 2016-08-01 · resigned 2023-12-02
HARDIE, Michael Scott→
Resigneddirector · ~100y · appointed 1992-07-13 · resigned 1997-03-21
HENDERSON, Bernard Vere→
Resigneddirector · ~98y · appointed 1992-07-13 · resigned 1999-03-18
IZAT, Alexander John Rennie→
Resigneddirector · ~94y · appointed 1997-05-15 · resigned 2003-03-21
KERSHAW, Dagmar Kent→
Resigneddirector · ~58y · appointed 2017-05-02 · resigned 2023-12-02
LISTER, Charles Robert→
Resigneddirector · ~66y · appointed 2012-03-01 · resigned 2022-05-05
METCALFE, Christopher→
Resigneddirector · ~66y · appointed 2021-06-07 · resigned 2023-12-02
NICHOLS, Dinah Alison→
Resigneddirector · ~83y · appointed 1999-04-19 · resigned 2012-04-18
ROSE, Barry Michael→
Resigneddirector · ~81y · appointed 2011-03-01 · resigned 2021-06-07
STUBBS, John→
Resigneddirector · ~82y · appointed 1992-07-13 · resigned 2003-07-26
WEST, James Glynn→
Resigneddirector · ~79y · appointed 2002-04-02 · resigned 2016-09-05
VINDEX LIMITED→
Resignedcorporate-nominee-director · appointed 1992-03-30 · resigned 1992-07-13
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 | The Prudential Assurance Company The Prudential Assurance Company Limited | Floating charge | 1 property | 05/09/1995 | 29/12/2005 |
Recent filings (274 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-13
resolution
resolution · RESOLUTIONS
2023-12-12
termination-secretary-company-with-name-termination-date
officers · TM02
2023-12-04
termination-director-company-with-name-termination-date
officers · TM01
2023-12-04
termination-director-company-with-name-termination-date
officers · TM01
2023-12-04
termination-director-company-with-name-termination-date
officers · TM01
2023-12-04
termination-director-company-with-name-termination-date
officers · TM01
2023-12-04
resolution
resolution · RESOLUTIONS
2023-11-22
memorandum-articles
incorporation · MA
2023-11-21
accounts-with-accounts-type-interim
accounts · AA
2023-11-20
accounts-with-accounts-type-full
accounts · AA
2023-06-16
resolution
resolution · RESOLUTIONS
2023-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
change-corporate-secretary-company-with-change-date
officers · CH04
2022-12-05