THE AUDIO SALON LTD.

⚰️Wound downdissolved
SC216343 · ltd · incorporated 2001-03-02
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 23.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Retail sale of audio and video equipment in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 77). 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 (65/100).

🏦

Refinance opportunity

2 live charges · oldest 23.2y

65/100
clean up first

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

  • · Oldest live charge is 23.2 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 (49/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
42 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
80
Strong succession / seller-readiness signals.
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 (36 events)Click to expand
  1. 2015-02-06
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-02-06
    🏁
    Company dissolved
  3. 2014-10-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2014-04-01
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  5. 2014-02-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  6. 2013-07-31
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  7. 2013-06-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  8. 2013-06-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  9. 2013-05-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2013-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2012-12-19
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2012-12-19
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  13. 2012-03-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2012-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2011-03-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2010-03-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2009-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2009-03-04
    📄
    legacy
    annual-return · 363a
  20. 2009-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2008-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2008-03-12
    📄
    legacy
    annual-return · 363a
  23. 2007-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2007-03-07
    📄
    legacy
    officers · 288c
  25. 2007-03-07
    📄
    legacy
    annual-return · 363a
  26. 2006-03-15
    📄
    legacy
    annual-return · 363a
  27. 2003-05-08
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  28. 2003-02-28
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  29. 2002-06-01
    ➕
    LAWSON, Annabel appointed
    director
  30. 2001-03-02
    🏢
    Company incorporated
    As THE AUDIO SALON LTD.
  31. 2001-03-02
    ➕
    LAWSON, Jack appointed
    secretary
  32. 2001-03-02
    ➕
    LAWSON, Jack appointed
    director
  33. 2001-03-02
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  34. 2001-03-02
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  35. 2001-03-02
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  36. 2001-03-02
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +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.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • 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 25 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 2015-02-06

🔒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 · Retail · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SMART CHOSE TRADERS LTD→
SC874343 · est 2026 · no financials extracted
———————
SMEDU LIMITED→
SC833814 · est 2025 · no financials extracted
————1y——
SMYLERS LTD→
SC852851 · est 2025 · no financials extracted
———————
SNATCHED MERCH LTD→
SC666975 · est 2020 · no financials extracted
————5y——
SPICY CUISINE LTD→
SC667657 · est 2020 · no financials extracted
————5y——
SSTK LIMITED→
SC730386 · est 2022 · no financials extracted
————3y——
ST2Y LTD→
SC836478 · est 2025 · no financials extracted
————1y——
STATEMENT BY CF UK LTD→
SC826201 · est 2024 · no financials extracted
————1y——
STATION BELFAST LTD→
SC695858 · est 2021 · no financials extracted
————5y——
STEPHEN O'NEIL ART LTD→
SC503503 · est 2015 · no financials extracted
————11y——
STORLITE LTD→
SC867272 · est 2025 · no financials extracted
———————
STREAM MANAGED SERVICES LTD→
SC818188 · est 2024 · no financials extracted
————1y——
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
Incorporated2001-03-02
Jurisdictionscotland
Primary SIC47430 — Retail sale of audio and video equipment in specialised stores

Registered office

24 Sandyford Place
Glasgow
G3 7NG
Scotland

Filing status

Accounts
Next due: —
Last made up to: 2012-06-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

LAWSON, Jack→
secretary · appointed 2001-03-02
View their other companies + combined net worth →
Active
LAWSON, Annabel→
director · ~50y · appointed 2002-06-01
View their other companies + combined net worth →
Active
LAWSON, Jack→
director · ~77y · appointed 2001-03-02
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-03-02 · resigned 2001-03-02
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-03-02 · resigned 2001-03-02
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/05/2003—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property28/02/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-02-06
gazette-notice-voluntary
gazette · GAZ1(A)
2014-10-17
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2014-04-01
gazette-notice-voluntary
gazette · GAZ1(A)
2014-02-21
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2013-07-31
gazette-notice-voluntary
gazette · GAZ1(A)
2013-06-21
dissolution-application-strike-off-company
dissolution · DS01
2013-06-06
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-05-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-04
change-account-reference-date-company-previous-extended
accounts · AA01
2012-12-19
change-registered-office-address-company-with-date-old-address
address · AD01
2012-12-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2012-02-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-12-17