INSPIRED BY TECHNOLOGY LIMITED

⚰️Wound downliquidation
SC200975 · ltd · incorporated 1999-10-18
Investment thesis
Company liquidation — 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 7.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2020
Net worth
£77.1k
book net assets
Opportunity
34/100
Pass
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 62030Computer facilities management activities
  • 62090Other information technology service activities
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 34/100 (pass), bankability 20/100. Strong seller-intent signal (60/100, director aged 62). 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: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 7.8y

50/100
clean up first

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

  • · Oldest live charge is 7.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £77,055

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£77k
↑ 151% YoY
Current Assets
Current Liabilities
£0£19k£38k£57k£75k£94kApr 2019Apr 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-04-302019-04-30
Total assets£77.1k£37.4k
Current assets£94.3k
Net assets£77.1k£30.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 insolvency
Last 180 days
1
filing
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-02-13
    ⚠️
    liquidation-compulsory-return-final-meeting-court-scotland
    insolvency · WU15(Scot)
  2. 2025-07-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-04
    ⚠️
    liquidation-compulsory-notice-winding-up-order-court-scotland
    insolvency · WU01(Scot)
  4. 2023-05-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2021-11-06
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  6. 2021-10-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2021-10-07
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-04-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-01-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-01-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-01-05
    🔓
    Charge satisfied #2
  13. 2020-12-31
    🔒
    Charge registered #3
    Lender: Growth Lending 2020 Limited
  14. 2020-11-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2020-11-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2020-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-11-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2019-11-05
    🔓
    Charge satisfied #1
  19. 2019-10-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2019-10-03
    🔒
    Charge registered #2
    Lender: Asset Advantage Limited
  21. 2018-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2018-07-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2018-07-24
    🔒
    Charge registered #1
    Lender: Asset Advantage Limited
  24. 2018-07-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  25. 2018-07-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  26. 2018-07-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  27. 2018-07-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2018-07-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2018-07-16
    MACLELLAN, Ian Gerard appointed
    director
  30. 2018-04-18
    WALKER, Jacqueline Davina resigned
    director
  31. 2018-04-18
    WALKER, Kenneth Arthur resigned
    director
  32. 2018-03-18
    WALKER, Jacqueline Davina resigned
    secretary
  33. 2006-01-16
    WALKER, Jacqueline Davina appointed
    director
  34. 2004-03-31
    MCINTYRE, Alexander Stewart resigned
    director
  35. 2004-03-23
    WALKER, Jacqueline Davina appointed
    secretary
  36. 2004-03-23
    HBJ SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  37. 2004-03-23
    WALKER, Kenneth Arthur appointed
    director
  38. 2001-08-22
    MCINTYRE, Alexander Stewart appointed
    director
  39. 2001-08-22
    HENDERSON BOYD JACKSON LIMITED resigned
    corporate-nominee-director
  40. 1999-10-18
    🏢
    Company incorporated
    As INSPIRED BY TECHNOLOGY LIMITED
  41. 1999-10-18
    HBJ SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  42. 1999-10-18
    HENDERSON BOYD JACKSON LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2022-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2021-08-02

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

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

Evidence: 2026-02-13: liquidation-compulsory-return-final-meeting-court-scotland; 2025-06-04: liquidation-compulsory-notice-winding-up-order-court-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Maclellan
Individual · British · DOB 01/1964 · age 62
75100%
75-100% shares18/04/2018
2 historic (ceased) PSCs
  • Mr Kenneth Arthur Walkerceased 18/04/2018· 25-50% shares
  • Mrs Jacqueline Davina Walkerceased 18/04/2018· 25-50% 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 →

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🔒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
Incorporated1999-10-18
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

C/O Hastings & Co The Pentagon Centre
Washington Street
Glasgow
G3 8AZ

Filing status

Accounts
Next due: 2022-01-31OVERDUE
Last made up to: 2020-04-30
Confirmation statement
Next due: 2021-08-02OVERDUE
Last: 2020-07-19

Officers (1 active · 6 resigned)

MACLELLAN, Ian Gerard
director · ~62y · appointed 2018-07-16
View their other companies + combined net worth →
Active
WALKER, Jacqueline Davina
secretary · appointed 2004-03-23 · resigned 2018-03-18
Resigned
HBJ SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 1999-10-18 · resigned 2004-03-23
Resigned
MCINTYRE, Alexander Stewart
director · ~70y · appointed 2001-08-22 · resigned 2004-03-31
Resigned
WALKER, Jacqueline Davina
director · ~52y · appointed 2006-01-16 · resigned 2018-04-18
Resigned
WALKER, Kenneth Arthur
director · ~55y · appointed 2004-03-23 · resigned 2018-04-18
Resigned
HENDERSON BOYD JACKSON LIMITED
corporate-nominee-director · appointed 1999-10-18 · resigned 2001-08-22
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Growth Lending 2020
Growth Lending 2020 Limited
A registered charge31/12/2020
satisfied
Asset Advantage
Asset Advantage Limited
A registered charge03/10/201905/01/2021
satisfied
Asset Advantage
Asset Advantage Limited
A registered charge24/07/201805/11/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2026-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-17
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2025-06-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-19
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2021-11-06
gazette-notice-voluntary
gazette · GAZ1(A)
2021-10-19
dissolution-application-strike-off-company
dissolution · DS01
2021-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-01-12
mortgage-satisfy-charge-full
mortgage · MR04
2021-01-05
gazette-filings-brought-up-to-date
gazette · DISS40
2020-11-04
gazette-notice-compulsory
gazette · GAZ1
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-04