THE SCALLOWAY WATERFRONT TRUST

⚰️Wound downdissolved

SC141006 · private-limited-guarant-nsc-limited-exemption · incorporated 1992-11-02

Investment thesis

Company dissolved — not a live target.

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

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

64/100

Worth a look

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What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. 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: share sale to pe / searcher (65/100).

Data confidence

Overall: low (46/100)

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

Confirmed no charges registered

Directors & officers

20 officers (6 active, 20 linked, 16 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

94 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth 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

Some moderate concerns — review flags.

Signal strength

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 (60 events)Click to expand

2017-06-13
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-06-13
🏁
Company dissolved
2017-03-28
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2017-03-22
📄
dissolution-application-strike-off-company
dissolution · DS01
2017-01-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-11-26
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-11-26
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2014-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2014-12-29
📄
annual-return-company-with-made-up-date
annual-return · AR01
2013-11-12
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2013-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2012-11-08
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2012-11-08
📄
change-person-director-company-with-change-date
officers · CH01
2012-11-08
📄
change-person-director-company-with-change-date
officers · CH01
2012-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-11-02
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2011-11-02
📄
termination-director-company-with-name
officers · TM01
2011-11-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-09-30
➖
HAWKINS, Iris Jean resigned
director
2011-01-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-11-04
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2010-11-04
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2010-11-04
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2010-02-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-12-07
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2008-10-22
➖
ISBISTER, Olaf William resigned
director
2004-10-29
➖
ROMMEL, Dominique Gilberte Guy resigned
director
2003-11-04
➕
WILLIAMSON, Arthur appointed
director
2003-11-04
➖
SMITH, William resigned
director
2002-11-02
➖
WALTERSON, Jemima resigned
director
2001-11-17
➕
ISBISTER, Olaf William appointed
director
2001-11-17
➕
ROMMEL, Dominique Gilberte Guy appointed
director
2000-09-12
➕
NICOLSON, Laurence David appointed
director
2000-03-07
➕
SANDISON, Robin Nelson Sturrock appointed
director
1997-06-25
➕
DUNCAN, Arnold Durham appointed
director
1997-06-25
➕
SUTHERLAND, Laurence John appointed
director
1997-05-05
➖
HUNTER, John Nicolson resigned
director
1996-08-07
➕
SMITH, William appointed
director
1995-07-19
➖
GOODLAD, Charles Alexander, Dr resigned
director
1995-07-19
➖
SMITH, Peter Brian resigned
director
1994-07-13
➖
ANDERSON, William Archibald resigned
director
1994-07-13
➖
FRASER, John Alexander William resigned
director
1994-07-13
➕
GOODLAD, Charles Alexander, Dr appointed
director
1994-07-13
➕
HUNTER, John Nicolson appointed
director
1994-07-13
➖
NICOLSON, James Robert resigned
director
1994-07-13
➕
WALTERSON, Jemima appointed
director
1993-06-30
➕
HARPER MACLEOD LLP INCORPORATING DOWLE SMITH & RUTHERFORD appointed
corporate-secretary
1993-06-30
➖
PETERKINS SOLICITORS resigned
corporate-secretary
1992-12-21
➕
HAWKINS, Iris Jean appointed
director

Showing most recent 50 of 60 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

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 84 — 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 84 years old. Natural succession window is now.
primary20+ year tenure: Director in role 29 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

1 high ·

Company dissolved

high

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

Evidence: Dissolved on 2017-06-13

Similar companies

Active · Professional services · ZE postcode area

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A B ASSOCIATES LIMITED→ SC151350 · est 1994	—	—	£51.3k	—	31y	81	82y
HAFM LIMITED→ SC397698 · est 2011	—	—	£16.4k	—	15y	80	70y
JOHNSTONS SALES & SERVICES LIMITED→ SC309125 · est 2006	—	—	£450.6k	—	19y	80	84y
L & M ENGINEERING (UK) LIMITED→ SC428479 · est 2012 · no financials extracted	—	—	—	—	13y	80	78y
BOLTS CAR HIRE LIMITED→ SC154841 · est 1994 · no financials extracted	—	—	—	—	31y	79	75y
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FRANK L. JOHNSTON (SHETLAND) LIMITED→ SC066562 · est 1978	—	—	£1.22M	—	47y	79	84y
HAMEPARK HOLDINGS LIMITED→ SC451413 · est 2013	—	—	£1.96M	—	12y	78	59y
JIM CLARK ACCOUNTANCY LTD.→ SC402670 · est 2011	—	—	£142.3k	—	14y	78	58y
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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.

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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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1992-11-02

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

St Olaf's Hall Church Road

Lerwick

Shetland

ZE1 0FD

Filing status

Accounts

Next due: —

Last made up to: 2016-03-31

Confirmation statement

Next due: —

Last: —