SOUNESS & BOYNE INTERIORS LIMITED

⚰️Wound downdissolved
SC154291 · ltd · incorporated 1994-11-15
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 28.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: SIC 4525
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 67). Asset purchase likely safer than share purchase given structural signals. 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 (58/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 28.5y

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 28.5 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
8 officers (2 active, 8 linked, 2 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
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 (42 events)Click to expand
  1. 2016-07-01
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2016-07-01
    🏁
    Company dissolved
  3. 2016-04-01
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  4. 2011-01-20
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  5. 2011-01-19
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  6. 2011-01-19
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  7. 2011-01-19
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  8. 2010-12-21
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  9. 2010-11-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2009-12-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2009-12-10
    📍
    move-registers-to-sail-company
    address · AD03
  12. 2009-12-10
    📍
    change-sail-address-company
    address · AD02
  13. 2009-12-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2009-12-10
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  15. 2009-12-03
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  16. 2008-12-18
    📄
    legacy
    officers · 288c
  17. 2008-12-17
    📄
    legacy
    annual-return · 363a
  18. 2008-11-11
    📄
    legacy
    accounts · 225
  19. 2008-09-29
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  20. 2008-09-22
    📄
    legacy
    officers · 288b
  21. 2008-09-10
    📄
    legacy
    officers · 288a
  22. 2008-09-10
    📄
    legacy
    officers · 288b
  23. 2008-08-29
    MORTON FRASER SECRETARIES LIMITED resigned
    corporate-director
  24. 2008-08-28
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-secretary
  25. 2008-08-28
    RUSSELL, Christine resigned
    secretary
  26. 2008-08-28
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-director
  27. 2007-12-10
    📄
    legacy
    officers · 288c
  28. 2007-11-28
    📄
    legacy
    annual-return · 363a
  29. 2007-10-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2007-05-01
    📄
    legacy
    annual-return · 363a
  31. 2006-12-01
    RUSSELL, Christine appointed
    secretary
  32. 2006-12-01
    SOUNESS, Adam resigned
    secretary
  33. 2006-12-01
    SOUNESS, Siobhan resigned
    director
  34. 1997-12-01
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  35. 1994-11-16
    SOUNESS, Adam appointed
    director
  36. 1994-11-16
    SOUNESS, Adam appointed
    secretary
  37. 1994-11-16
    ALEXANDERS BUSINESS PRESS LIMITED resigned
    corporate-secretary
  38. 1994-11-16
    SOUNESS, Siobhan appointed
    director
  39. 1994-11-16
    ALEXANDERS BUSINESS SERVICES LIMITED resigned
    corporate-director
  40. 1994-11-15
    🏢
    Company incorporated
    As SOUNESS & BOYNE INTERIORS LIMITED
  41. 1994-11-15
    ALEXANDERS BUSINESS PRESS LIMITED appointed
    corporate-secretary
  42. 1994-11-15
    ALEXANDERS BUSINESS SERVICES LIMITED appointed
    corporate-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "SOUNESS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.
  • 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 2016-07-01

6 insolvency-related filings on record
high

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

Evidence: 2016-07-01: gazette-dissolved-liquidation; 2016-04-01: liquidation-compulsory-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 →

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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.

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Company details

Statusdissolved
Typeltd
Incorporated1994-11-15
Jurisdictionscotland
Primary SIC4525 — SIC 4525

Registered office

C/O KPMG LLP
Saltire Court 20 Castle Terrace
Edinburgh
EH1 2EG

Filing status

Accounts
Next due:
Last made up to: 2010-01-31
Confirmation statement
Next due:
Last:

Officers (0 active · 6 resigned)

MORTON FRASER SECRETARIES LIMITED
corporate-secretary · appointed 2008-08-28
View their other companies + combined net worth →
Active
SOUNESS, Adam
director · ~67y · appointed 1994-11-16
View their other companies + combined net worth →
Active
RUSSELL, Christine
secretary · appointed 2006-12-01 · resigned 2008-08-28
Resigned
SOUNESS, Adam
secretary · appointed 1994-11-16 · resigned 2006-12-01
Resigned
ALEXANDERS BUSINESS PRESS LIMITED
corporate-secretary · appointed 1994-11-15 · resigned 1994-11-16
Resigned
SOUNESS, Siobhan
director · ~66y · appointed 1994-11-16 · resigned 2006-12-01
Resigned
ALEXANDERS BUSINESS SERVICES LIMITED
corporate-director · appointed 1994-11-15 · resigned 1994-11-16
Resigned
MORTON FRASER SECRETARIES LIMITED
corporate-director · appointed 2008-08-28 · resigned 2008-08-29
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 Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/12/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

gazette-dissolved-liquidation
gazette · GAZ2
2016-07-01
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2016-04-01
change-registered-office-address-company-with-date-old-address
address · AD01
2011-01-20
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2011-01-19
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2011-01-19
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2011-01-19
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2010-12-21
accounts-with-accounts-type-full
accounts · AA
2010-11-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-12-15
move-registers-to-sail-company
address · AD03
2009-12-10
change-sail-address-company
address · AD02
2009-12-10
change-person-director-company-with-change-date
officers · CH01
2009-12-10
change-corporate-secretary-company-with-change-date
officers · CH04
2009-12-10
accounts-with-accounts-type-medium
accounts · AA
2009-12-03
legacy
officers · 288c
2008-12-18