IMAJICA LIMITED

⚰️Wound downdissolved
SC159324 · ltd · incorporated 1995-07-20
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 28.3y 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
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 7221
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 7222SIC 7222
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 69). 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 (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 28.3y

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

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 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
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
75 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 (39 events)Click to expand
  1. 2014-02-14
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2014-02-14
    🏁
    Company dissolved
  3. 2013-11-14
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2013-11-14
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  5. 2011-10-26
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  6. 2011-10-26
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2011-09-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2010-10-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2010-10-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2010-10-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2010-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2009-09-02
    📄
    legacy
    annual-return · 363a
  13. 2009-08-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2008-07-31
    📄
    legacy
    annual-return · 363a
  15. 2008-07-31
    📄
    legacy
    officers · 288c
  16. 2008-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2007-07-23
    📄
    legacy
    annual-return · 363a
  18. 2007-07-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2006-11-10
    📄
    legacy
    annual-return · 363a
  20. 2006-09-11
    📄
    legacy
    officers · 288c
  21. 2006-06-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2005-08-08
    📄
    legacy
    officers · 288a
  23. 2005-08-08
    📄
    legacy
    officers · 288b
  24. 2005-08-08
    📍
    legacy
    address · 287
  25. 2005-07-31
    ROCHE, David Christopher appointed
    secretary
  26. 2005-07-31
    PETERKINS resigned
    corporate-secretary
  27. 2005-07-27
    📄
    legacy
    annual-return · 363a
  28. 2005-07-26
    📄
    legacy
    officers · 288c
  29. 1999-01-15
    ROCHE, David Christopher appointed
    director
  30. 1999-01-15
    RILEY, Helen resigned
    director
  31. 1998-01-22
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  32. 1995-09-19
    RILEY, Jeffrey Alexander appointed
    director
  33. 1995-09-19
    HUNTER, Neil Cameron resigned
    nominee-director
  34. 1995-09-19
    RENNIE, Thomas George resigned
    nominee-director
  35. 1995-09-19
    RILEY, Helen appointed
    director
  36. 1995-07-20
    🏢
    Company incorporated
    As IMAJICA LIMITED
  37. 1995-07-20
    PETERKINS appointed
    corporate-secretary
  38. 1995-07-20
    HUNTER, Neil Cameron appointed
    nominee-director
  39. 1995-07-20
    RENNIE, Thomas George appointed
    nominee-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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

86/100
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 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 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 2014-02-14

3 insolvency-related filings on record
high

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

Evidence: 2014-02-14: gazette-dissolved-liquidation; 2013-11-14: liquidation-voluntary-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

Active · Professional services · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GENERAL OCEANS UK HOLDINGS LTD
SC308386 · est 2006
£9.77M
£7.20M£12.34M
019y8468y
HIGHLAND FUELS HOLDINGS LIMITED
SC215790 · est 2001
£9.50M
£7.00M£12.00M
30025y8862y
CRAIGSHANNOCH LIMITED
SC191743 · est 1998
£5.90M
£4.34M£7.45M
£2.95M30027y8867y
HSB HOLDINGS LIMITED
SC260511 · est 2003
£3.58M
£2.64M£4.52M
022y8461y
T D C PARSONS PEEBLES LIMITED
SC663297 · est 2020
£2.76M
£2.03M£3.48M
£11.52M51005y8777y
ROTECH HOLDINGS LIMITED
SC148822 · est 1994
£1.97M
£1.45M£2.49M
£453.6k032y9258y
WELLTEC (UK) LTD.
SC204742 · est 2000
£134.9k
£99.4k£170.4k
£17.23M320026y8562y
ACCURA MEASUREMENT LIMITED
SC322109 · est 2007
£5.47M19y8360y
ALLEN ASSOCIATES (H.P.E.) LIMITED
SC201596 · est 1999 · no financials extracted
26y8359y
BOURTREE INVESTMENTS LIMITED
SC190868 · est 1998
27y8361y
CONNECT NDT LIMITED
SC205224 · est 2000
26y8370y
CUMMING & CO. (ABERDEEN) LTD.
SC248131 · est 2003
£352.1k23y8358y
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.

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

Statusdissolved
Typeltd
Incorporated1995-07-20
Jurisdictionscotland
Primary SIC7221 — SIC 7221

Registered office

16 Carden Place
Aberdeen
AB10 1FX

Filing status

Accounts
Next due:
Last made up to: 2009-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

ROCHE, David Christopher
secretary · appointed 2005-07-31
View their other companies + combined net worth →
Active
RILEY, Jeffrey Alexander
director · ~61y · appointed 1995-09-19
View their other companies + combined net worth →
Active
ROCHE, David Christopher
director · ~69y · appointed 1999-01-15
View their other companies + combined net worth →
Active
PETERKINS
corporate-secretary · appointed 1995-07-20 · resigned 2005-07-31
Resigned
HUNTER, Neil Cameron
nominee-director · ~69y · appointed 1995-07-20 · resigned 1995-09-19
Resigned
RENNIE, Thomas George
nominee-director · ~79y · appointed 1995-07-20 · resigned 1995-09-19
Resigned
RILEY, Helen
director · ~61y · appointed 1995-09-19 · resigned 1999-01-15
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 property22/01/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

gazette-dissolved-liquidation
gazette · GAZ2
2014-02-14
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2013-11-14
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2013-11-14
change-registered-office-address-company-with-date-old-address
address · AD01
2011-10-26
resolution
resolution · RESOLUTIONS
2011-10-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-09-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-10-08
change-person-director-company-with-change-date
officers · CH01
2010-10-08
change-person-director-company-with-change-date
officers · CH01
2010-10-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-10-05
legacy
annual-return · 363a
2009-09-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-08-14
legacy
annual-return · 363a
2008-07-31
legacy
officers · 288c
2008-07-31
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-06-23