BRITISH LINEN EQUITY LIMITED

⚰️Wound downdissolved
SC172198 · ltd · incorporated 1997-02-10
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.
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
44/100
Watch
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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 44/100 (watch), bankability 50/100. 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 (43/100). Current lenders should be on monthly review.

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
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
21 officers (1 active, 21 linked, 13 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
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 (68 events)Click to expand
  1. 2012-12-10
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2012-12-10
    🏁
    Company dissolved
  3. 2012-09-10
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2009-11-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2009-11-12
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  6. 2009-11-12
    📄
    termination-director-company-with-name
    officers · TM01
  7. 2009-11-12
    📄
    termination-director-company-with-name
    officers · TM01
  8. 2009-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2009-10-12
    BOTHWELL, Karen Margaret resigned
    director
  10. 2009-10-12
    GOW, David Christopher resigned
    director
  11. 2009-02-11
    📄
    legacy
    annual-return · 363a
  12. 2008-11-14
    LEAKER, Russell Arthur resigned
    director
  13. 2008-11-14
    📄
    legacy
    officers · 288b
  14. 2008-11-13
    📄
    legacy
    officers · 288a
  15. 2008-11-12
    GOW, David Christopher appointed
    director
  16. 2008-05-01
    📄
    legacy
    officers · 288b
  17. 2008-04-22
    📄
    legacy
    officers · 288a
  18. 2008-04-21
    LEAKER, Russell Arthur appointed
    director
  19. 2008-04-21
    SHANKLAND, Graeme Robert Andrew resigned
    director
  20. 2008-03-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2008-02-09
    📄
    legacy
    annual-return · 363a
  22. 2007-04-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2007-02-19
    📄
    legacy
    annual-return · 363a
  24. 2006-09-27
    📄
    legacy
    officers · 288c
  25. 2006-03-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2006-03-06
    📄
    legacy
    officers · 288a
  27. 2006-03-06
    📄
    legacy
    officers · 288b
  28. 2006-03-06
    📄
    legacy
    officers · 288a
  29. 2006-03-03
    📄
    legacy
    officers · 288b
  30. 2006-03-01
    EDWARDS, Laurence John appointed
    secretary
  31. 2006-03-01
    MACRAE, Alistair Ian resigned
    secretary
  32. 2006-02-27
    BOTHWELL, Karen Margaret appointed
    director
  33. 2006-02-27
    LAMBIE, Barrie John William resigned
    director
  34. 2006-02-14
    📄
    legacy
    annual-return · 363a
  35. 2005-11-18
    📄
    legacy
    officers · 288b
  36. 2005-11-18
    📄
    legacy
    officers · 288a
  37. 2005-11-14
    SHANKLAND, Graeme Robert Andrew appointed
    director
  38. 2005-10-31
    CUMMINGS, Peter Joseph resigned
    director
  39. 2001-04-26
    WADDELL, John Maclaren Ogilvie resigned
    director
  40. 2000-09-01
    BLACK, Lysanne Jane Warren resigned
    secretary
  41. 2000-09-01
    MACRAE, Alistair Ian appointed
    secretary
  42. 2000-08-02
    LAMBIE, Barrie John William appointed
    director
  43. 2000-07-28
    ABBOTT, Raymond James resigned
    director
  44. 2000-07-28
    CUMMINGS, Peter Joseph appointed
    director
  45. 2000-07-28
    MORRISON, John George resigned
    director
  46. 2000-07-28
    WADDELL, John Maclaren Ogilvie appointed
    director
  47. 2000-06-06
    BLACK, Lysanne Jane Warren appointed
    secretary
  48. 2000-06-06
    ROBERTSON, John William resigned
    secretary
  49. 2000-01-31
    FERRIE, Joyce resigned
    secretary
  50. 1999-07-29
    BROWNING, James Robin, Professor resigned
    director
Showing most recent 50 of 68 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 2012-12-10

2 insolvency-related filings on record
high

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

Evidence: 2012-12-10: gazette-dissolved-liquidation; 2012-09-10: liquidation-voluntary-return-of-final-meeting-scotland

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

9 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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated1997-02-10
Jurisdictionscotland
Primary SIC6523 — SIC 6523

Registered office

10 George Street
Edinburgh
EH2 2DZ

Filing status

Accounts
Next due:
Last made up to: 2007-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 20 resigned)

EDWARDS, Laurence John
secretary · appointed 2006-03-01
View their other companies + combined net worth →
Active
BLACK, Lysanne Jane Warren
secretary · appointed 2000-06-06 · resigned 2000-09-01
Resigned
FERRIE, Joyce
secretary · appointed 1997-06-05 · resigned 2000-01-31
Resigned
MACRAE, Alistair Ian
secretary · appointed 2000-09-01 · resigned 2006-03-01
Resigned
ROBERTSON, John William
secretary · appointed 1997-06-05 · resigned 2000-06-06
Resigned
TM COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 1997-02-10 · resigned 1997-06-16
Resigned
ABBOTT, Raymond James
director · ~67y · appointed 1998-11-11 · resigned 2000-07-28
Resigned
BOTHWELL, Karen Margaret
director · ~64y · appointed 2006-02-27 · resigned 2009-10-12
Resigned
BROWNING, James Robin, Professor
director · ~87y · appointed 1997-09-01 · resigned 1999-07-29
Resigned
CUMMINGS, Peter Joseph
director · ~71y · appointed 2000-07-28 · resigned 2005-10-31
Resigned
GOW, David Christopher
director · ~56y · appointed 2008-11-12 · resigned 2009-10-12
Resigned
KENNEDY, Neil John
director · ~67y · appointed 1997-08-04 · resigned 1998-03-15
Resigned
LAMBIE, Barrie John William
director · ~66y · appointed 2000-08-02 · resigned 2006-02-27
Resigned
LEAKER, Russell Arthur
director · ~72y · appointed 2008-04-21 · resigned 2008-11-14
Resigned
MORRISON, John George
director · ~57y · appointed 1998-11-11 · resigned 2000-07-28
Resigned
SANDERSON, Eric Fenton
director · ~75y · appointed 1997-06-05 · resigned 1997-08-31
Resigned
SHANKLAND, Graeme Robert Andrew
director · ~66y · appointed 2005-11-14 · resigned 2008-04-21
Resigned
WADDELL, John Maclaren Ogilvie
director · ~70y · appointed 2000-07-28 · resigned 2001-04-26
Resigned
YOUNG, Charles Whiteford
director · ~73y · appointed 1997-06-05 · resigned 1997-10-04
Resigned
REYNARD NOMINEES LIMITED
corporate-nominee-director · appointed 1997-02-10 · resigned 1997-06-16
Resigned

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

Recent filings (86 total)

gazette-dissolved-liquidation
gazette · GAZ2
2012-12-10
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2012-09-10
change-person-secretary-company-with-change-date
officers · CH03
2009-11-20
change-registered-office-address-company-with-date-old-address
address · AD01
2009-11-12
termination-director-company-with-name
officers · TM01
2009-11-12
termination-director-company-with-name
officers · TM01
2009-11-12
resolution
resolution · RESOLUTIONS
2009-10-30
legacy
annual-return · 363a
2009-02-11
legacy
officers · 288b
2008-11-14
legacy
officers · 288a
2008-11-13
legacy
officers · 288b
2008-05-01
legacy
officers · 288a
2008-04-22
accounts-with-accounts-type-full
accounts · AA
2008-03-03
legacy
annual-return · 363a
2008-02-09
accounts-with-accounts-type-full
accounts · AA
2007-04-17