LOTHIAN INVESTMENT FUND FOR ENTERPRISE LIMITED

⚰️Wound downdissolved

SC137938 · ltd · incorporated 1992-04-21

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 26.0y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

54/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 54/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 26.0y

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 26.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 50/100 (high).

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

32 officers (5 active, 32 linked, 30 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

8 connected companies via shared directors

Filing history

103 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

54/100Worth 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

Multiple red flags — proceed with caution.

Signal strength

100

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 (86 events)Click to expand

2020-02-20
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2020-02-20
🏁
Company dissolved
2019-11-20
⚠️
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2013-12-12
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2008-04-23
📄
resolution
resolution · RESOLUTIONS
2008-04-22
📄
resolution
resolution · RESOLUTIONS
2007-08-20
📄
legacy
officers · 288a
2007-07-16
📄
legacy
officers · 288b
2007-06-01
📄
legacy
annual-return · 363s
2007-05-24
➕
BUCHANAN, Tom appointed
director
2007-05-24
➖
PERRY, Ian resigned
director
2006-10-27
📄
accounts-with-made-up-date
accounts · AA
2006-05-09
📄
legacy
annual-return · 363s
2006-02-03
📄
accounts-with-made-up-date
accounts · AA
2005-08-02
📄
legacy
capital · 169
2005-07-19
📍
legacy
address · 287
2005-07-18
📄
legacy
capital · 122
2005-07-18
📄
legacy
capital · 122
2005-05-13
📄
legacy
annual-return · 363s
2005-03-04
📄
resolution
resolution · RESOLUTIONS
2005-02-22
📄
resolution
resolution · RESOLUTIONS
2005-02-22
📄
legacy
capital · 173
2005-01-14
📄
accounts-with-made-up-date
accounts · AA
2004-07-13
📄
legacy
officers · 288a
2004-07-13
📄
legacy
officers · 288b
2004-06-18
➕
WELSH, Graham Archibald appointed
director
2004-06-18
➖
MCINTYRE, Hazel Jane resigned
director
2004-05-20
📄
legacy
annual-return · 363s
2003-10-27
📄
accounts-with-made-up-date
accounts · AA
2003-09-24
📄
legacy
officers · 288a
2003-05-22
➕
PERRY, Ian appointed
director
2003-05-05
➖
CAMERON, Lezley Marion resigned
director
2002-11-13
➕
MCINTYRE, Hazel Jane appointed
director
2002-11-13
➖
RANKINE, Donald Mcintyre resigned
director
2002-01-31
➖
GUNNING, Robert Maxwell Stewart resigned
director
2000-06-06
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1999-12-08
➖
ANDERSON, Donald Craig resigned
director
1999-12-08
➕
CAMERON, Lezley Marion appointed
director
1998-12-21
➕
RANKINE, Donald Mcintyre appointed
director
1998-07-10
➖
HAMILTON, David resigned
director
1998-07-10
➖
KINDER, Anthony Kenneth resigned
director
1998-07-10
➖
RANKIN, Shane resigned
director
1998-07-10
➖
ROSS, John resigned
director
1998-02-21
➖
MURRAY, Gregor Cumming resigned
director
1996-10-23
➖
SLATER, Trevor resigned
director
1996-08-13
➕
HUNTER, Colin Ian appointed
director
1996-08-13
➕
HAMILTON, David appointed
director
1996-08-13
➖
INNES, William, Councillor resigned
director
1996-08-13
➖
KENNEDY, Sheila resigned
director
1996-08-13
➕
KINDER, Anthony Kenneth appointed
director

Showing most recent 50 of 86 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

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 96 — 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 96 years old. Natural succession window is now.
primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 34 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

2 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2020-02-20

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-02-20: gazette-dissolved-liquidation; 2019-11-20: liquidation-voluntary-members-return-of-final-meeting-scotland

🔒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

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ALAN STEEL (ASSET MANAGEMENT) LIMITED→ SC058014 · est 1975	—	—	—	44	50y	82	62y
ALEX HAMMOND-CHAMBERS & COMPANY→ SC126819 · est 1990 · no financials extracted	—	—	—	—	35y	82	84y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated1992-04-21

Jurisdictionscotland

Primary SIC6523 — SIC 6523

Registered office

Apex 3 95 Haymarket Terrace

Edinburgh

EH12 5HD

Filing status

Accounts

Next due: —

Last made up to: 2006-03-31

Confirmation statement

Next due: —

Last: —