PANACHE DESIGNS LIMITED

⚰️Wound downdissolved
SC191536 · ltd · incorporated 1998-11-30
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 24.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
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 59/100 (worth a look), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 24.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 24.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
60
Some acquirability indicators.
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 (37 events)Click to expand
  1. 2017-03-28
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2017-03-28
    🏁
    Company dissolved
  3. 2017-01-10
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-01-04
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2016-03-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2015-12-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2015-12-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2015-02-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2014-12-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2014-01-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2013-12-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2013-12-18
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  13. 2013-12-18
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  14. 2013-03-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2012-12-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-01-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-12-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2010-12-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2010-02-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2009-12-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2009-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2009-01-22
    📄
    legacy
    annual-return · 363a
  24. 2008-08-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2007-12-06
    📄
    legacy
    annual-return · 363a
  26. 2006-03-30
    ➕
    DUTHIE, Scott Alexander John appointed
    secretary
  27. 2006-03-30
    ➖
    DUTHIE, Sally Louise resigned
    secretary
  28. 2004-11-15
    ➕
    DUTHIE, Sally Louise appointed
    secretary
  29. 2004-11-15
    ➖
    JAMES AND GEORGE COLLIE resigned
    corporate-secretary
  30. 2003-03-14
    ➕
    DUTHIE, Sally Louise appointed
    director
  31. 2003-03-14
    ➖
    CAMPBELL, John Cameron resigned
    director
  32. 2002-02-05
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  33. 1998-12-04
    ➕
    CAMPBELL, John Cameron appointed
    director
  34. 1998-12-04
    ➖
    BONSQUARE NOMINEES LIMITED resigned
    corporate-director
  35. 1998-11-30
    🏢
    Company incorporated
    As PANACHE DESIGNS LIMITED
  36. 1998-11-30
    ➕
    JAMES AND GEORGE COLLIE appointed
    corporate-secretary
  37. 1998-11-30
    ➕
    BONSQUARE NOMINEES LIMITED appointed
    corporate-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 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 2017-03-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Sally Louise Duthie
Individual · British · DOB 07/1969 · age 57
75–100%
—75-100% shares30/11/2016

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

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
Incorporated1998-11-30
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

Creag Cuil
Birse
Aboyne
Aberdeenshire
AB34 5BY

Filing status

Accounts
Next due: —
Last made up to: 2015-03-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 4 resigned)

DUTHIE, Scott Alexander John→
secretary · appointed 2006-03-30
View their other companies + combined net worth →
Active
DUTHIE, Sally Louise→
director · ~57y · appointed 2003-03-14
View their other companies + combined net worth →
Active
DUTHIE, Sally Louise→
secretary · appointed 2004-11-15 · resigned 2006-03-30
Resigned
JAMES AND GEORGE COLLIE→
corporate-secretary · appointed 1998-11-30 · resigned 2004-11-15
Resigned
CAMPBELL, John Cameron→
director · ~78y · appointed 1998-12-04 · resigned 2003-03-14
Resigned
BONSQUARE NOMINEES LIMITED→
corporate-director · appointed 1998-11-30 · resigned 1998-12-04
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 Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/02/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-03-28
gazette-notice-voluntary
gazette · GAZ1(A)
2017-01-10
dissolution-application-strike-off-company
dissolution · DS01
2017-01-04
confirmation-statement-with-updates
confirmation-statement · CS01
2016-12-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2015-12-21
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-18
change-registered-office-address-company-with-date-old-address
address · AD01
2013-12-18
change-registered-office-address-company-with-date-old-address
address · AD01
2013-12-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-03-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-12-03