MARINE POWER (SCOTLAND) LIMITED

⚰️Wound downdissolved
SC181137 · ltd · incorporated 1997-12-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (53/100). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth 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
85
Strong succession / seller-readiness signals.
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 (39 events)Click to expand
  1. 2010-11-30
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2010-11-30
    🏁
    Company dissolved
  3. 2010-08-31
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  4. 2009-05-12
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  5. 2009-05-12
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  6. 2009-04-02
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  7. 2009-03-23
    📍
    legacy
    address · 287
  8. 2008-12-15
    📄
    legacy
    annual-return · 363a
  9. 2008-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2008-06-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2008-05-29
    📄
    legacy
    officers · 288b
  12. 2008-05-29
    📄
    legacy
    officers · 288a
  13. 2008-05-05
    JOHNSTONE, Laura appointed
    secretary
  14. 2008-05-05
    JOHNSTONE, Laura appointed
    director
  15. 2008-05-05
    HALL, James Graham resigned
    secretary
  16. 2008-01-17
    📄
    legacy
    annual-return · 363a
  17. 2008-01-05
    📍
    legacy
    address · 287
  18. 2007-05-24
    📄
    legacy
    officers · 288a
  19. 2007-05-24
    📄
    legacy
    officers · 288a
  20. 2007-05-24
    📄
    legacy
    officers · 288b
  21. 2007-05-08
    FLECK, Torill Elisabeth appointed
    director
  22. 2007-05-08
    FLECK, Graham resigned
    secretary
  23. 2007-05-08
    HALL, James Graham appointed
    secretary
  24. 2007-05-08
    FLECK, Graham resigned
    director
  25. 2006-12-13
    📄
    legacy
    annual-return · 363s
  26. 2006-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2005-12-21
    📄
    legacy
    annual-return · 363s
  28. 2005-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2004-12-10
    📄
    legacy
    annual-return · 363s
  30. 2004-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  31. 2003-12-10
    📄
    legacy
    annual-return · 363s
  32. 2003-12-10
    📄
    legacy
    annual-return · 363(288)
  33. 2003-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  34. 1997-12-01
    🏢
    Company incorporated
    As MARINE POWER (SCOTLAND) LIMITED
  35. 1997-12-01
    HALL, James Graham appointed
    director
  36. 1997-12-01
    FLECK, Graham appointed
    secretary
  37. 1997-12-01
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  38. 1997-12-01
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  39. 1997-12-01
    FLECK, Graham appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

90/100
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 76 years old. Natural succession window is now.
  • 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 2010-11-30

5 insolvency-related filings on record
high

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

Evidence: 2010-11-30: gazette-dissolved-liquidation; 2010-08-31: 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

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.

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Company details

Statusdissolved
Typeltd
Incorporated1997-12-01
Jurisdictionscotland
Primary SIC7487 — SIC 7487

Registered office

C/O Campbell Dallas
7 Glasgow Road
Paisley
PA1 3QS

Filing status

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

Officers (0 active · 4 resigned)

JOHNSTONE, Laura
secretary · appointed 2008-05-05
View their other companies + combined net worth →
Active
FLECK, Torill Elisabeth
director · ~76y · appointed 2007-05-08
View their other companies + combined net worth →
Active
HALL, James Graham
director · ~64y · appointed 1997-12-01
View their other companies + combined net worth →
Active
JOHNSTONE, Laura
director · ~64y · appointed 2008-05-05
View their other companies + combined net worth →
Active
FLECK, Graham
secretary · appointed 1997-12-01 · resigned 2007-05-08
Resigned
HALL, James Graham
secretary · appointed 2007-05-08 · resigned 2008-05-05
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1997-12-01 · resigned 1997-12-01
Resigned
FLECK, Graham
director · ~79y · appointed 1997-12-01 · resigned 2007-05-08
Resigned

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

Recent filings (44 total)

gazette-dissolved-liquidation
gazette · GAZ2
2010-11-30
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2010-08-31
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2009-05-12
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2009-05-12
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2009-04-02
legacy
address · 287
2009-03-23
legacy
annual-return · 363a
2008-12-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-06-26
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-06-25
legacy
officers · 288b
2008-05-29
legacy
officers · 288a
2008-05-29
legacy
annual-return · 363a
2008-01-17
legacy
address · 287
2008-01-05
legacy
officers · 288a
2007-05-24
legacy
officers · 288a
2007-05-24