5 P.M. LTD.
⚰️Wound downliquidation
SC200197 · ltd · incorporated 1999-09-27
Investment thesis
Company liquidation — 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
37/100
Watch
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 37/100 (watch), bankability 12/100. Strong seller-intent signal (80/100, director aged 69). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (75/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 26.0y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 26.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (59/100)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
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 insolvency
Last 180 days
3
filings
- • 3 insolvency
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-04-27⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland-2insolvency · AM22(Scot)
- 2026-04-01⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2026-02-12⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2025-09-04⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2025-07-30⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2025-04-28⚠️liquidation-in-administration-statement-of-affairs-with-form-attached-scotlandinsolvency · AM02(Scot)
- 2025-02-24⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2024-10-09⚠️liquidation-in-administration-notice-deemed-approval-of-proposals-scotlandinsolvency · AM06(Scot)
- 2024-09-24⚠️liquidation-in-administration-notice-administrators-proposals-scotlandinsolvency · AM03(Scot)
- 2024-08-05⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · AM01(Scot)
- 2024-08-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-03➖HARGAN, Angela Margaret resigneddirector
- 2024-04-03➖MCNAMEE, Stephen resigneddirector
- 2023-10-25➖MAGUIRE, David Kevin resigneddirector
- 2023-10-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-21📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-09-14📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-14➖SHAW, Charles Mclaughlin resigneddirector
- 2022-02-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-13➕HARGAN, Angela Margaret appointeddirector
- 2022-02-13➕MCNAMEE, Stephen appointeddirector
- 2022-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-05➕SOMERVILLE, Fiona appointeddirector
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-30🔒Charge registered #4Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2011-11-24🔓Charge satisfied #2
- 2009-11-04🔓Charge satisfied #3
- 2001-05-29🔓Charge satisfied #1
- 2001-04-29🔒Charge registered #3Lender: Scottish Enterprise
- 2000-09-07➕SHAW, Charles Mclaughlin appointeddirector
- 2000-09-06🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2000-05-30🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1999-09-27🏢Company incorporatedAs 5 P.M. LTD.
- 1999-09-27➕SOMERVILLE, Ronald Whitelaw appointedsecretary
- 1999-09-27➕SOMERVILLE, Ronald Whitelaw appointeddirector
- 1999-09-27➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 1999-09-27➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 1999-09-27➕MAGUIRE, David Kevin appointeddirector
- 1999-09-27➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 1999-09-27➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
91/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
81/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. 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.
Red flags
4 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-06-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2024-07-22
Company in liquidation
highCompany is actively being wound up. Not a going concern.
10 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-04-27: liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland-2; 2026-04-01: liquidation-in-administration-extension-of-period-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ronald Whitelaw Somerville Individual · British · DOB 10/1957 · age 69 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 01/07/2016 |
Mr David Kevin Maguire Individual · British · DOB 11/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/07/2016 |
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 · Technology · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BIP SOLUTIONS LIMITED→ SC086146 · est 1984 | £10.24M £7.31M–£13.17M | — | — | 137 | 42y | 83 | 79y |
| BLACKBAUD EUROPE LTD.→ SC212593 · est 2000 | £3.33M £2.38M–£4.28M | £23.77M | — | 12000 | 25y | 84 | 64y |
| ALTIA SOLUTIONS LIMITED→ SC228451 · est 2002 | £409.8k £292.7k–£526.9k | £6.88M | — | 0 | 24y | 83 | 60y |
| ANGEL EYE MEDIA LIMITED→ SC268652 · est 2004 | — | — | — | 500 | 21y | 83 | 61y |
| APERTA LIMITED→ SC136758 · est 1992 | — | — | £13.46M | — | 34y | 83 | 75y |
| CALEDONIA TV PRODUCTIONS LTD.→ SC141667 · est 1992 | — | — | £451.3k | — | 33y | 83 | 77y |
| CRAB APPLE FILMS LIMITED→ SC242643 · est 2003 | — | — | — | 200 | 23y | 83 | 64y |
| CUE AND REVIEW RECORDING SERVICE LIMITED→ SC129748 · est 1991 · no financials extracted | — | — | — | — | 35y | 83 | 78y |
| E-MAX SYSTEMS LIMITED→ SC189614 · est 1998 | — | — | £290.8k | — | 27y | 83 | 76y |
| ELASTIC CREATIVE LTD.→ SC203930 · est 2000 | — | — | £20.1k | — | 26y | 83 | 58y |
| EURITEC LIMITED→ SC132746 · est 1991 | — | — | £2.4k | — | 34y | 83 | 77y |
| EURO SYSTEMS (SCOTLAND) LIMITED→ SC360587 · est 2009 · no financials extracted | — | — | — | — | 16y | 83 | 67y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
12 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
Statusliquidation
Typeltd
Incorporated1999-09-27
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities
Registered office
C/O JOHNSTON CARMICHAEL
227 West George Street
Glasgow
G2 2ND
Filing status
Accounts
Next due: 2024-06-30OVERDUE
Last made up to: 2021-12-31
Confirmation statement
Next due: 2024-07-22OVERDUE
Last: 2023-07-08
Officers (3 active · 6 resigned)
SOMERVILLE, Ronald Whitelaw→
Activesecretary · appointed 1999-09-27
View their other companies + combined net worth →
SOMERVILLE, Fiona→
Activedirector · ~62y · appointed 2022-02-05
View their other companies + combined net worth →
SOMERVILLE, Ronald Whitelaw→
Activedirector · ~69y · appointed 1999-09-27
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 1999-09-27 · resigned 1999-09-27
HARGAN, Angela Margaret→
Resigneddirector · ~67y · appointed 2022-02-13 · resigned 2024-04-03
MAGUIRE, David Kevin→
Resigneddirector · ~68y · appointed 1999-09-27 · resigned 2023-10-25
MCNAMEE, Stephen→
Resigneddirector · ~43y · appointed 2022-02-13 · resigned 2024-04-03
SHAW, Charles Mclaughlin→
Resigneddirector · ~75y · appointed 2000-09-07 · resigned 2022-02-14
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 1999-09-27 · resigned 1999-09-27
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 30/05/2020 | — | |
| satisfied | Scottish Enterprise | Bond & floating charge | 1 property | 29/04/2001 | 04/11/2009 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 06/09/2000 | 24/11/2011 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 30/05/2000 | 29/05/2001 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (112 total)
liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland-2
insolvency · AM22(Scot)
2026-04-27
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2026-04-01
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2026-02-12
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2025-09-04
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2025-07-30
liquidation-in-administration-statement-of-affairs-with-form-attached-scotland
insolvency · AM02(Scot)
2025-04-28
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2025-02-24
liquidation-in-administration-notice-deemed-approval-of-proposals-scotland
insolvency · AM06(Scot)
2024-10-09
liquidation-in-administration-notice-administrators-proposals-scotland
insolvency · AM03(Scot)
2024-09-24
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · AM01(Scot)
2024-08-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-02
termination-director-company-with-name-termination-date
officers · TM01
2024-04-24
termination-director-company-with-name-termination-date
officers · TM01
2024-04-24
termination-director-company-with-name-termination-date
officers · TM01
2023-10-25
change-account-reference-date-company-previous-extended
accounts · AA01
2023-09-21