INTRONET APPLICATIONS LIMITED
⚰️Wound downdissolved
SC173352 · ltd · incorporated 1997-03-11
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 26.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 7220
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
- 7240SIC 7240
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 67). 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).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 26.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (46/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 10 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (58 events)Click to expand
- 2010-05-07📄gazette-dissolved-compulsorygazette · GAZ2
- 2010-05-07🏁Company dissolved
- 2010-01-15📄gazette-notice-compulsorygazette · GAZ1
- 2008-10-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-07-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-03-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-10-17📄legacyannual-return · 363s
- 2006-10-17📄legacyannual-return · 363(288)
- 2006-10-17📄legacycapital · 122
- 2006-10-17📄legacycapital · 88(2)O
- 2006-10-17📄legacyofficers · 288c
- 2006-10-17📍legacyaddress · 287
- 2006-04-05📄accounts-with-accounts-type-smallaccounts · AA
- 2005-11-22📄accounts-with-accounts-type-smallaccounts · AA
- 2005-11-21📄legacyofficers · 288b
- 2005-11-21📄legacyofficers · 288a
- 2005-07-22📄legacyofficers · 288b
- 2005-05-13➖DALGLEISH, Russell resigneddirector
- 2005-05-11➕HAMILTON, Giles appointeddirector
- 2005-05-10📄legacyannual-return · 363s
- 2005-03-24📄resolutionresolution · RESOLUTIONS
- 2005-02-10📄legacyofficers · 288b
- 2005-01-19➖MANSON, Alan Graeme resigneddirector
- 2005-01-15➖HOWARD, Scott Andrew Hatch resigneddirector
- 2005-01-12📄legacyofficers · 288a
- 2004-12-20📄legacyofficers · 288b
- 2004-09-21📄legacyofficers · 288b
- 2004-09-21📄legacyofficers · 288b
- 2004-08-16➕DALGLEISH, Russell appointeddirector
- 2004-08-16➖THORNHILL, Carol Anne resigneddirector
- 2004-06-24📄legacyofficers · 288b
- 2004-06-15➖READ, Jonathan Hugh Tobias resigneddirector
- 2004-06-07📄resolutionresolution · RESOLUTIONS
- 2004-05-24➖COLE, John Robert resigneddirector
- 2004-05-17➕HBJGW SECRETARIAL LIMITED appointedcorporate-secretary
- 2004-05-17➖THORNHILL, Carol Anne resignedsecretary
- 2004-05-17➕MANSON, Alan Graeme appointeddirector
- 2003-12-31➖LOUDON, Alison Jane Bruce resigneddirector
- 2003-02-20➕READ, Jonathan Hugh Tobias appointeddirector
- 2002-10-09➖ROWBOTTOM, Christopher resigneddirector
- 2002-05-14➖FAIRHURST, Ceri resignedsecretary
- 2002-05-14➕THORNHILL, Carol Anne appointedsecretary
- 2002-04-01➕COLE, John Robert appointeddirector
- 2002-04-01➕LOUDON, Alison Jane Bruce appointeddirector
- 2002-04-01➕ROWBOTTOM, Christopher appointeddirector
- 2002-03-01➕HOWARD, Scott Andrew Hatch appointeddirector
- 2001-07-31🔒Charge registered #2Lender: Scottish Enterprise
- 2000-09-04➕THORNHILL, Carol Anne appointeddirector
- 1999-05-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1997-10-21➕FAIRHURST, Ceri appointedsecretary
Showing most recent 50 of 58 events
Owner dependency
83/100
Critical — business is the founderThe 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 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong 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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-05-07
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|---|---|---|---|---|---|---|---|
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| BREAKTHROUGH COACHING LIMITED→ SC222374 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BRIGHT GREEN HYDROGEN LTD→ SC313667 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BRUCE CONSULTING SERVICES LIMITED→ SC846667 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRUNO MANAGEMENT SERVICES LIMITED→ SC833033 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRYDON INVESTMENTS LTD→ SC829525 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BUICK & CO LTD→ SC383683 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BUILD A BOT LTD→ SC795695 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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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.
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
Incorporated1997-03-11
Jurisdictionscotland
Primary SIC7220 — SIC 7220
Registered office
Exchange Tower
19 Canning Street
Edinburgh
EH3 8EH
Filing status
Accounts
Next due: —
Last made up to: 2008-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 13 resigned)
HBJGW SECRETARIAL LIMITED→
Activecorporate-secretary · appointed 2004-05-17
View their other companies + combined net worth →
GIBLIN, Sean Michael→
Activedirector · ~67y · appointed 1997-03-11
View their other companies + combined net worth →
HAMILTON, Giles→
Activedirector · ~61y · appointed 2005-05-11
View their other companies + combined net worth →
FAIRHURST, Ceri→
Resignedsecretary · appointed 1997-10-21 · resigned 2002-05-14
HOWARD, Scott Andrew Hatch→
Resignedsecretary · appointed 1997-03-11 · resigned 1997-10-21
THORNHILL, Carol Anne→
Resignedsecretary · appointed 2002-05-14 · resigned 2004-05-17
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-03-11 · resigned 1997-03-11
COLE, John Robert→
Resigneddirector · ~80y · appointed 2002-04-01 · resigned 2004-05-24
DALGLEISH, Russell→
Resigneddirector · ~62y · appointed 2004-08-16 · resigned 2005-05-13
HOWARD, Scott Andrew Hatch→
Resigneddirector · ~62y · appointed 2002-03-01 · resigned 2005-01-15
LOUDON, Alison Jane Bruce→
Resigneddirector · ~70y · appointed 2002-04-01 · resigned 2003-12-31
MANSON, Alan Graeme→
Resigneddirector · ~67y · appointed 2004-05-17 · resigned 2005-01-19
READ, Jonathan Hugh Tobias→
Resigneddirector · ~61y · appointed 2003-02-20 · resigned 2004-06-15
ROWBOTTOM, Christopher→
Resigneddirector · ~74y · appointed 2002-04-01 · resigned 2002-10-09
THORNHILL, Carol Anne→
Resigneddirector · ~61y · appointed 2000-09-04 · resigned 2004-08-16
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-03-11 · resigned 1997-03-11
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Scottish Enterprise | Bond & floating charge | 1 property | 31/07/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/05/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (92 total)
gazette-dissolved-compulsory
gazette · GAZ2
2010-05-07
gazette-notice-compulsory
gazette · GAZ1
2010-01-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-10-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-07-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-03-17
legacy
annual-return · 363s
2006-10-17
legacy
annual-return · 363(288)
2006-10-17
legacy
capital · 122
2006-10-17
legacy
capital · 88(2)O
2006-10-17
legacy
officers · 288c
2006-10-17
legacy
address · 287
2006-10-17
accounts-with-accounts-type-small
accounts · AA
2006-04-05
accounts-with-accounts-type-small
accounts · AA
2005-11-22
legacy
officers · 288b
2005-11-21
legacy
officers · 288a
2005-11-21