MGB LAW OFFICES LIMITED

⚰️Wound downdissolved
SC186552 · ltd · incorporated 1998-06-08
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
64/100
Worth a look
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
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 (65/100, director aged 59). 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 (73/100).

Data confidence

Overall: low (54/100)

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
18 officers (2 active, 18 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
114 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
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (56 events)Click to expand
  1. 2024-03-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-03-05
    🏁
    Company dissolved
  3. 2023-12-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2023-12-08
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2023-09-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2023-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-05-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-12-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2022-09-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2021-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-09-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2021-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2020-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-10-29
    JANMAMMADOV, Anar appointed
    director
  19. 2019-10-29
    MAMEDOV, Emin resigned
    director
  20. 2019-10-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2019-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-06-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2019-06-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  24. 2014-12-30
    MAMMADOV, Elchin resigned
    director
  25. 2014-12-04
    MAMMADOV, Elchin resigned
    secretary
  26. 2014-04-02
    MAMEDOV, Emin appointed
    director
  27. 2014-04-02
    MAMMADOV, Elchin appointed
    director
  28. 2007-09-30
    MAMMADOV, Elchin appointed
    secretary
  29. 2007-09-30
    MD SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  30. 2007-09-30
    CASSIDY, Brian resigned
    director
  31. 2007-09-30
    FARQUHAR, Gavin Blair resigned
    director
  32. 2007-08-31
    PAINE, Benjamin James Michael resigned
    director
  33. 2006-10-31
    LC SECRETARIES LIMITED resigned
    corporate-secretary
  34. 2006-10-31
    MD SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  35. 2006-10-31
    HAY, Brian Davidson resigned
    director
  36. 2006-10-31
    LAING, David Kemlo resigned
    director
  37. 2006-10-31
    MAMMADOV, Elchin resigned
    director
  38. 2006-10-31
    WALSH, Michael Francis resigned
    director
  39. 2006-04-03
    LC SECRETARIES LIMITED appointed
    corporate-secretary
  40. 2006-04-03
    LEDINGHAM CHALMERS resigned
    corporate-nominee-secretary
  41. 2005-05-23
    WALSH, Michael Francis appointed
    director
  42. 2003-02-28
    PAINE, Benjamin James Michael appointed
    director
  43. 2003-02-28
    WALSH, Michael Francis resigned
    director
  44. 2001-10-03
    LAING, David Kemlo appointed
    director
  45. 2001-10-03
    RUDDIMAN, Robert John Arthur resigned
    director
  46. 2001-01-10
    ASGAROV, Ismayil appointed
    director
  47. 2001-01-10
    MAMMADOV, Elchin appointed
    director
  48. 1999-06-11
    CASSIDY, Brian appointed
    director
  49. 1999-06-11
    FARQUHAR, Gavin Blair appointed
    director
  50. 1999-06-11
    HAY, Brian Davidson appointed
    director
Showing most recent 50 of 56 events

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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
high

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

Evidence: Dissolved on 2024-03-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ismayil Asgarov
Individual · Azerbaijani · DOB 04/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

7 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.

See pricing →

Company details

Statusdissolved
Typeltd
Incorporated1998-06-08
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Princes Exchange
1 Earl Grey Street
Edinburgh
EH3 9AQ

Filing status

Accounts
Next due:
Last made up to: 2021-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 16 resigned)

ASGAROV, Ismayil
director · ~59y · appointed 2001-01-10
View their other companies + combined net worth →
Active
JANMAMMADOV, Anar
director · ~44y · appointed 2019-10-29
View their other companies + combined net worth →
Active
MAMMADOV, Elchin
secretary · appointed 2007-09-30 · resigned 2014-12-04
Resigned
LC SECRETARIES LIMITED
corporate-secretary · appointed 2006-04-03 · resigned 2006-10-31
Resigned
LEDINGHAM CHALMERS
corporate-nominee-secretary · appointed 1998-06-08 · resigned 2006-04-03
Resigned
MD SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2006-10-31 · resigned 2007-09-30
Resigned
CASSIDY, Brian
director · ~58y · appointed 1999-06-11 · resigned 2007-09-30
Resigned
FARQUHAR, Gavin Blair
director · ~67y · appointed 1999-06-11 · resigned 2007-09-30
Resigned
HAY, Brian Davidson
director · ~72y · appointed 1999-06-11 · resigned 2006-10-31
Resigned
LAING, David Kemlo
director · ~73y · appointed 2001-10-03 · resigned 2006-10-31
Resigned
MAMEDOV, Emin
director · ~48y · appointed 2014-04-02 · resigned 2019-10-29
Resigned
MAMMADOV, Elchin
director · ~62y · appointed 2014-04-02 · resigned 2014-12-30
Resigned
MAMMADOV, Elchin
director · ~62y · appointed 2001-01-10 · resigned 2006-10-31
Resigned
PAINE, Benjamin James Michael
director · ~58y · appointed 2003-02-28 · resigned 2007-08-31
Resigned
RUDDIMAN, Robert John Arthur
director · ~61y · appointed 1998-06-08 · resigned 2001-10-03
Resigned
WALSH, Michael Francis
director · ~59y · appointed 2005-05-23 · resigned 2006-10-31
Resigned
WALSH, Michael Francis
director · ~59y · appointed 1999-06-11 · resigned 2003-02-28
Resigned
DURANO LIMITED
corporate-nominee-director · appointed 1998-06-08 · resigned 1999-06-11
Resigned

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

Recent filings (114 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-03-05
gazette-notice-voluntary
gazette · GAZ1(A)
2023-12-19
dissolution-application-strike-off-company
dissolution · DS01
2023-12-08
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
gazette-notice-compulsory
gazette · GAZ1
2023-05-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-14
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-14