NEIL SELBIE & CO LIMITED

⚰️Wound downdissolved
SC173684 · ltd · incorporated 1997-03-20
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 28.9y old — refinance window within 12 months
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
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 84). 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 28.9y

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 28.9 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, 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
5 connected companies via shared directors
60
Filing history
51 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 (35 events)Click to expand
  1. 2018-01-16
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2018-01-16
    🏁
    Company dissolved
  3. 2017-10-16
    ⚠️
    liquidation-miscellaneous
    insolvency · LIQ MISC
  4. 2017-10-16
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  5. 2016-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2016-08-15
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2016-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2016-01-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2015-04-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2015-01-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2014-04-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2014-01-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2013-04-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2013-01-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2012-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-12-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2011-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2011-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2011-01-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2010-05-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2010-01-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2009-04-20
    📄
    legacy
    annual-return · 363a
  24. 2009-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2008-04-07
    📄
    legacy
    annual-return · 363a
  26. 2008-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2001-05-10
    ➕
    DONALD, William Alexander appointed
    secretary
  28. 2001-05-10
    ➖
    SELBIE, Ann Catherine resigned
    secretary
  29. 2000-10-01
    ➕
    DONALD, William Alexander appointed
    director
  30. 1997-07-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 1997-03-20
    🏢
    Company incorporated
    As NEIL SELBIE & CO LIMITED
  32. 1997-03-20
    ➕
    SELBIE, Neil Henry appointed
    director
  33. 1997-03-20
    ➕
    SELBIE, Ann Catherine appointed
    secretary
  34. 1997-03-20
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  35. 1997-03-20
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "SELBIE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

96/100
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 84 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 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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-01-16

3 insolvency-related filings on record
high

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

Evidence: 2018-01-16: gazette-dissolved-liquidation; 2017-10-16: liquidation-miscellaneous

🔒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

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 →
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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
Incorporated1997-03-20
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

133 Finnieston Street
Glasgow
G3 8HB

Filing status

Accounts
Next due: —
Last made up to: 2015-04-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

DONALD, William Alexander→
secretary · appointed 2001-05-10
View their other companies + combined net worth →
Active
DONALD, William Alexander→
director · ~84y · appointed 2000-10-01
View their other companies + combined net worth →
Active
SELBIE, Neil Henry→
director · ~57y · appointed 1997-03-20
View their other companies + combined net worth →
Active
SELBIE, Ann Catherine→
secretary · appointed 1997-03-20 · resigned 2001-05-10
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1997-03-20 · resigned 1997-03-20
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 property10/07/1997—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (51 total)

gazette-dissolved-liquidation
gazette · GAZ2
2018-01-16
liquidation-miscellaneous
insolvency · LIQ MISC
2017-10-16
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2017-10-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-08-15
resolution
resolution · RESOLUTIONS
2016-08-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-01-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-04-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-01-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-04-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-12-12