PHOENIX P.A. LIMITED

⚰️Wound downliquidation
SC150578 · ltd · incorporated 1994-04-29
Investment thesis
Company liquidation — 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 30.4y 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
39/100
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What this business does
Primary activity: SIC 9305
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (78/100, director aged 94). 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 30.4y

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 30.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (48/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
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
80
Strong succession / seller-readiness signals.
Risk profile
13
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 (34 events)Click to expand
  1. 1999-06-08
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  2. 1998-12-01
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  3. 1997-12-08
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  4. 1997-11-05
    📄
    miscellaneous
    miscellaneous · MISC
  5. 1997-11-05
    📄
    miscellaneous
    miscellaneous · MISC
  6. 1997-11-05
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  7. 1997-11-05
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  8. 1997-11-05
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  9. 1997-10-14
    📍
    legacy
    address · 287
  10. 1997-07-01
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  11. 1997-04-30
    📄
    legacy
    annual-return · 363a
  12. 1997-04-30
    📄
    legacy
    annual-return · 363(353)
  13. 1997-04-30
    📄
    legacy
    annual-return · 363(190)
  14. 1996-12-02
    📄
    legacy
    officers · 288b
  15. 1996-12-02
    📄
    legacy
    officers · 288a
  16. 1996-12-02
    📍
    legacy
    address · 287
  17. 1996-11-13
    STRONACHS appointed
    corporate-secretary
  18. 1996-11-13
    JAMES AND GEORGE COLLIE resigned
    corporate-secretary
  19. 1996-10-16
    📄
    legacy
    officers · 288c
  20. 1996-10-16
    📍
    legacy
    address · 287
  21. 1996-05-22
    📄
    legacy
    annual-return · 363a
  22. 1996-02-21
    📄
    legacy
    capital · 88(2)R
  23. 1996-02-21
    📄
    resolution
    resolution · RESOLUTIONS
  24. 1996-02-21
    📄
    resolution
    resolution · RESOLUTIONS
  25. 1996-02-21
    📄
    legacy
    capital · 123
  26. 1996-02-16
    📄
    auditors-resignation-company
    auditors · AUD
  27. 1996-01-19
    📄
    resolution
    resolution · RESOLUTIONS
  28. 1996-01-09
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 1994-04-29
    🏢
    Company incorporated
    As PHOENIX P.A. LIMITED
  30. 1994-04-29
    ARMELL, Richard Alvin appointed
    director
  31. 1994-04-29
    PIA, Giancarlo Tomasso Pietro appointed
    director
  32. 1994-04-29
    JAMES AND GEORGE COLLIE appointed
    corporate-secretary
  33. 1994-04-29
    BONSQUARE NOMINEES LIMITED appointed
    corporate-director
  34. 1994-04-29
    BONSQUARE NOMINEES LIMITED resigned
    corporate-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 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 94 — succession pressure is live.

Succession & seller-readiness

91/100
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 94 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1997-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-05-13

Company in liquidation
high

Company is actively being wound up. Not a going concern.

7 insolvency-related filings on record
high

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

Evidence: 1999-06-08: liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland; 1998-12-01: liquidation-voluntary-liquidators-statement-of-receipts-payments-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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

12 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

Statusliquidation
Typeltd
Incorporated1994-04-29
Jurisdictionscotland
Primary SIC9305 — SIC 9305

Registered office

12 Carden Place
Aberdeen
AB10 1UR

Filing status

Accounts
Next due: 1997-06-30OVERDUE
Last made up to: 1995-08-31
Confirmation statement
Next due: 2017-05-13OVERDUE
Last:

Officers (3 active · 2 resigned)

STRONACHS
corporate-secretary · appointed 1996-11-13
View their other companies + combined net worth →
Active
ARMELL, Richard Alvin
director · ~94y · appointed 1994-04-29
View their other companies + combined net worth →
Active
PIA, Giancarlo Tomasso Pietro
director · ~69y · appointed 1994-04-29
View their other companies + combined net worth →
Active
JAMES AND GEORGE COLLIE
corporate-secretary · appointed 1994-04-29 · resigned 1996-11-13
Resigned
BONSQUARE NOMINEES LIMITED
corporate-director · appointed 1994-04-29 · resigned 1994-04-29
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property09/01/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (39 total)

liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1999-06-08
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1998-12-01
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1997-12-08
miscellaneous
miscellaneous · MISC
1997-11-05
miscellaneous
miscellaneous · MISC
1997-11-05
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
1997-11-05
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
1997-11-05
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1997-11-05
legacy
address · 287
1997-10-14
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1997-07-01
legacy
annual-return · 363a
1997-04-30
legacy
annual-return · 363(353)
1997-04-30
legacy
annual-return · 363(190)
1997-04-30
legacy
officers · 288b
1996-12-02
legacy
officers · 288a
1996-12-02