SLITCO LIMITED

⚰️Wound downdissolved

SC193320 · ltd · incorporated 1999-02-09

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

64/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Security dealing on own account

Sector: Financial & insurance

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 63). 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: medium (57/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

10 officers (2 active, 10 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

5 connected companies via shared directors

Filing history

82 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2022-02-08
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-02-08
🏁
Company dissolved
2021-11-23
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2021-11-17
📄
dissolution-application-strike-off-company
dissolution · DS01
2021-07-07
📄
accounts-with-accounts-type-small
accounts · AA
2021-02-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-02-03
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-11-27
📄
change-account-reference-date-company-current-extended
accounts · AA01
2020-03-19
📄
accounts-with-accounts-type-small
accounts · AA
2020-02-06
➕
LOVAT, Simon appointed
director
2020-02-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-02-27
📄
accounts-with-accounts-type-small
accounts · AA
2018-05-01
📄
accounts-with-accounts-type-small
accounts · AA
2017-05-13
📄
accounts-with-accounts-type-small
accounts · AA
2016-07-18
📄
accounts-with-accounts-type-small
accounts · AA
2016-07-12
➖
SHEPHERD, Lorraine Julia resigned
secretary
2016-07-12
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2016-07-11
📄
statement-of-companys-objects
change-of-constitution · CC04
2016-07-11
📄
resolution
resolution · RESOLUTIONS
2016-06-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-06-01
➖
CAMERON, Donald Andrew John, Lord resigned
director
2016-02-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-24
📄
accounts-with-accounts-type-small
accounts · AA
2015-02-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-28
➖
FRASER, Kim Ian Maurice, The Hon. resigned
director
2014-02-01
➖
SHEPHERD, Iain Duncan resigned
secretary
2014-02-01
➕
SHEPHERD, Lorraine Julia appointed
secretary
2014-01-22
➕
CAMERON, Donald Andrew John, Lord appointed
director
2013-12-31
➖
FRASER, Malcolm resigned
director
2011-11-23
➕
FRASER, Malcolm appointed
director
2007-03-20
➕
FRASER, Kim Ian Maurice, The Hon. appointed
director
2007-03-17
➖
FOSTER, Giles Anthony resigned
director
1999-02-16
➕
SHEPHERD, Iain Duncan appointed
director
1999-02-16
➕
SHEPHERD, Iain Duncan appointed
secretary
1999-02-16
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
1999-02-16
➕
FOSTER, Giles Anthony appointed
director
1999-02-16
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director
1999-02-09
🏢
Company incorporated
As SLITCO LIMITED
1999-02-09
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
1999-02-09
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director

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 27 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. 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 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 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 2022-02-08

Group structure

Lovat Highland Estates Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Lovat Highland Estates Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

SLITCO LIMITED

This company · SC193320

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Lovat Highland Estates Ltd Corporate entity	75–100%	—	75-100% shares	06/04/2016

1 historic (ceased) PSC

Mrs Virginia Mary Fraserceased 02/02/2021· 50-75% shares

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

🔒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 →

Similar companies

Active · Financial services · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CHAPMAN OF INVERNESS LIMITED→ SC020899 · est 1939	—	—	—	400	87y	82	77y
LEGGATTS FINANCIAL SERVICES LIMITED→ SC255061 · est 2003	—	—	£38.1k	—	22y	81	73y
ARGYLL TRUSTEES LIMITED→ SC382862 · est 2010	—	—	£1	—	15y	80	84y
BLACK DOG FINANCIAL SERVICES LTD.→ SC265100 · est 2004	—	—	£61.1k	—	22y	80	71y
CAMPBELL & MCCONNACHIE LIMITED→ SC314177 · est 2007 · no financials extracted	—	—	—	—	19y	80	63y
DALZIELS PRIVATE PERSONAL FINANCE LIMITED→ SC243222 · est 2003	—	—	£142.9k	—	23y	80	61y
DUNDONNELL INVESTMENTS LIMITED→ SC226018 · est 2001	—	—	—	100	24y	80	82y
ELMBRAE MORTGAGE & PENSIONS LTD.→ SC265582 · est 2004	—	—	£100.0k	—	22y	80	62y
HUTCHESON FINANCIAL SERVICES LIMITED→ SC352018 · est 2008	—	—	£11.6k	—	17y	80	65y
MACKENZIE TAYLOR WEALTH MANAGEMENT LTD.→ SC313079 · est 2006	—	—	£107.3k	—	19y	80	64y
MUNRO & NOBLE FINANCIAL SERVICES LIMITED→ SC227417 · est 2002	—	—	—	0	24y	80	66y
NORTHWAY FINANCE LIMITED→ SC075393 · est 1981 · no financials extracted	—	—	—	—	44y	80	84y

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 →

🔒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

Incorporated1999-02-09

Jurisdictionscotland

Primary SIC64991 — Security dealing on own account

Registered office

Lovat Estates Office

Station Road

Beauly

Inverness Shire

IV4 7DA

Filing status

Accounts

Next due: —

Last made up to: 2020-12-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 8 resigned)

LOVAT, Simon→

director · ~49y · appointed 2020-02-06

View their other companies + combined net worth →

Active

SHEPHERD, Iain Duncan→

director · ~63y · appointed 1999-02-16

View their other companies + combined net worth →

Active

SHEPHERD, Iain Duncan→

secretary · appointed 1999-02-16 · resigned 2014-02-01

Resigned

SHEPHERD, Lorraine Julia→

secretary · appointed 2014-02-01 · resigned 2016-07-12

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 1999-02-09 · resigned 1999-02-16

Resigned

CAMERON, Donald Andrew John, Lord→

director · ~50y · appointed 2014-01-22 · resigned 2016-06-01

Resigned

FOSTER, Giles Anthony→

director · ~99y · appointed 1999-02-16 · resigned 2007-03-17

Resigned

FRASER, Kim Ian Maurice, The Hon.→

director · ~80y · appointed 2007-03-20 · resigned 2014-08-28

Resigned

FRASER, Malcolm→

director · ~94y · appointed 2011-11-23 · resigned 2013-12-31

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 1999-02-09 · resigned 1999-02-16

Resigned

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

Recent filings (82 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2022-02-08

gazette-notice-voluntary

gazette · GAZ1(A)

2021-11-23

dissolution-application-strike-off-company

dissolution · DS01

2021-11-17

accounts-with-accounts-type-small

accounts · AA

2021-07-07

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2021-02-03

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2021-02-03

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-02-01

change-account-reference-date-company-current-extended

accounts · AA01

2020-11-27

accounts-with-accounts-type-small

accounts · AA

2020-03-19

appoint-person-director-company-with-name-date

officers · AP01

2020-02-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-01-31

accounts-with-accounts-type-small

accounts · AA

2019-02-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-01-31

accounts-with-accounts-type-small

accounts · AA

2018-05-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2018-01-31