SCOTSYS LIMITED
⚰️Wound downdissolved
SC217214 · ltd · incorporated 2001-03-23
Investment thesis
Company dissolved — 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
54/100
Worth a look
What this business does
Primary activity: SIC 7260
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 42/100. Strong seller-intent signal (68/100, director aged 79). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 24.9y
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 24.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (53/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
19 officers (5 active, 19 linked, 15 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
14 connected companies via shared directors
87
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (65 events)Click to expand
- 2013-10-18⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-10-18🏁Company dissolved
- 2013-07-18⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2011-04-15⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotlandinsolvency · 2.25B(Scot)
- 2011-04-15⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-11-25⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-07-20⚠️liquidation-in-administration-deemed-proposal-scotlandinsolvency · 2.16BZ(Scot)
- 2010-06-14⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2010-05-12⚠️liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attachedinsolvency · 2.15B(Scot)
- 2010-05-10📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-04-26⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2010-01-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2009-08-21📄legacyofficers · 288a
- 2009-08-20➕SHAKESHAFT, Peter James Bailey appointeddirector
- 2009-08-19📄legacyofficers · 288b
- 2009-07-31➖CHANCE, Edward James resigneddirector
- 2009-07-30📄accounts-with-accounts-type-fullaccounts · AA
- 2009-04-17📄legacyannual-return · 363a
- 2008-09-24📄legacyofficers · 288b
- 2008-09-24📄legacyofficers · 288b
- 2008-09-24📄legacyofficers · 288a
- 2008-09-24📄legacyofficers · 288a
- 2008-09-23➕EDWARDS, William appointedsecretary
- 2008-09-23➕EDWARDS, William appointeddirector
- 2008-09-23➖SMITH, Andrew resignedsecretary
- 2008-09-23➖SMITH, Andrew resigneddirector
- 2008-07-28📄legacyofficers · 288a
- 2008-07-17📄legacyofficers · 288a
- 2008-07-09➕CHANCE, Edward James appointeddirector
- 2008-07-04📄legacyofficers · 288b
- 2008-06-05➕TORRANCE, Andrew appointeddirector
- 2008-06-05➖MCALEENAN, John resigneddirector
- 2008-05-09📄legacymortgage · 419a(Scot)
- 2008-05-08🔓Charge satisfied #2
- 2008-04-01📄legacyannual-return · 363a
- 2008-03-17📄accounts-with-accounts-type-fullaccounts · AA
- 2008-02-05➖KINLOCK, John resigneddirector
- 2007-09-01➕KINLOCK, John appointeddirector
- 2006-12-04➕SMITH, Andrew appointeddirector
- 2006-12-01➖TODD, Frederick Neil resigneddirector
- 2006-11-03➖MILNE, David Ferguson resigneddirector
- 2006-08-01➕MCALEENAN, John appointeddirector
- 2006-08-01➕MILNE, David Ferguson appointeddirector
- 2006-08-01➕TODD, Frederick Neil appointeddirector
- 2005-06-30🔓Charge satisfied #1
- 2005-06-17➕BUCKNALL, Graham Ralph Chalmers appointeddirector
- 2005-06-17➖DOCHERTY, Patrick resigneddirector
- 2005-06-17➖GILSENAN, James Hayes resigneddirector
- 2005-06-17➖MCALEENAN, John resigneddirector
- 2005-06-17➖SMITH, Andrew resigneddirector
Showing most recent 50 of 65 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-10-18
9 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-10-18: gazette-dissolved-liquidation; 2013-07-18: liquidation-compulsory-return-of-final-meeting-scotland
🔒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 · Professional services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CHARLES RIVER LABORATORIES EDINBURGH LIMITED→ SC091725 · est 1985 | £131.60M £96.97M–£166.24M | £135.39M | — | 135900 | 41y | 85 | 67y |
| ROBERTSON EDUCATION (ABERDEENSHIRE) HOLDINGS LIMITED→ SC209010 · est 2000 | £5.47M £4.03M–£6.91M | — | — | 0 | 25y | 85 | 60y |
| DSF (2003) LIMITED→ SC144009 · est 1993 | £4.70M £3.46M–£5.93M | — | — | 7 | 33y | 87 | 61y |
| FCC (EAST AYRSHIRE) HOLDINGS LIMITED→ SC300470 · est 2006 | £3.99M £2.94M–£5.03M | — | — | 0 | 20y | 87 | 60y |
| NWH HOLDINGS LIMITED→ SC303441 · est 2006 | £3.67M £2.70M–£4.64M | — | — | 373 | 20y | 88 | 61y |
| BLYTH & BLYTH CONSULTING ENGINEERS LIMITED→ SC241155 · est 2002 | £2.78M £2.05M–£3.52M | — | — | 93 | 23y | 87 | 85y |
| SIBCAS LIMITED→ SC052604 · est 1973 | £1.88M £1.39M–£2.38M | — | — | 165 | 53y | 88 | 68y |
| HORIZON (GP) LIMITED→ SC493523 · est 2014 | £45.2k £33.3k–£57.1k | — | — | 6 | 11y | 95 | 66y |
| BURNDENE INVESTMENTS LIMITED→ SC015613 · est 1929 | £14.3k £10.5k–£18.0k | — | — | 0 | 96y | 83 | 63y |
| 3 ED HOLDINGS 2 LIMITED→ SC328040 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 65y |
| ABACUS FINANCIAL MARKETING LIMITED→ SC197503 · est 1999 | — | — | £3.4k | — | 26y | 83 | 59y |
| ACCOUNTING & TAXATION SERVICE LTD→ SC360357 · est 2009 · no financials extracted | — | — | — | — | 17y | 83 | 58y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2001-03-23
Jurisdictionscotland
Primary SIC7260 — SIC 7260
Registered office
Erskine House 68-73 Queen Street
Edinburgh
EH2 4NH
Filing status
Accounts
Next due: —
Last made up to: 2008-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 14 resigned)
Active
BUCKNALL, Graham Ralph Chalmers→
Activedirector · ~56y · appointed 2005-06-17
View their other companies + combined net worth →
EDWARDS, William→
Activedirector · ~69y · appointed 2008-09-23
View their other companies + combined net worth →
SHAKESHAFT, Peter James Bailey→
Activedirector · ~79y · appointed 2009-08-20
View their other companies + combined net worth →
TORRANCE, Andrew→
Activedirector · ~69y · appointed 2008-06-05
View their other companies + combined net worth →
SMITH, Andrew→
Resignedsecretary · appointed 2001-07-03 · resigned 2008-09-23
MACROBERTS - (FIRM)→
Resignedcorporate-nominee-secretary · appointed 2001-03-23 · resigned 2001-07-03
CHANCE, Edward James→
Resigneddirector · ~59y · appointed 2008-07-09 · resigned 2009-07-31
DOCHERTY, Patrick→
Resigneddirector · ~76y · appointed 2001-07-03 · resigned 2005-06-17
GILSENAN, James Hayes→
Resigneddirector · ~77y · appointed 2002-12-01 · resigned 2005-06-17
KINLOCK, John→
Resigneddirector · ~73y · appointed 2007-09-01 · resigned 2008-02-05
MCALEENAN, John→
Resigneddirector · ~65y · appointed 2006-08-01 · resigned 2008-06-05
MCALEENAN, John→
Resigneddirector · ~65y · appointed 2001-07-03 · resigned 2005-06-17
MCCANN, John Joseph→
Resigneddirector · ~68y · appointed 2002-02-07 · resigned 2003-01-31
MILNE, David Ferguson→
Resigneddirector · ~68y · appointed 2006-08-01 · resigned 2006-11-03
SMITH, Andrew→
Resigneddirector · ~58y · appointed 2006-12-04 · resigned 2008-09-23
SMITH, Andrew→
Resigneddirector · ~58y · appointed 2001-07-03 · resigned 2005-06-17
TODD, Frederick Neil→
Resigneddirector · ~74y · appointed 2006-08-01 · resigned 2006-12-01
MACROBERTS CORPORATE SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2001-03-23 · resigned 2001-07-03
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Bond & floating charge | 1 property | 17/06/2005 | — | |
| satisfied | John Mcaleenan and Others | Bond & floating charge | 1 property | 17/06/2005 | 08/05/2008 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 26/07/2001 | 30/06/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-10-18
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2013-07-18
liquidation-in-administration-move-to-creditors-voluntary-liquidation-scotland
insolvency · 2.25B(Scot)
2011-04-15
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2011-04-15
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2010-11-25
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2010-07-20
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2010-06-14
liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attached
insolvency · 2.15B(Scot)
2010-05-12
change-registered-office-address-company-with-date-old-address
address · AD01
2010-05-10
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2010-04-26
change-account-reference-date-company-current-extended
accounts · AA01
2010-01-13
legacy
officers · 288a
2009-08-21
legacy
officers · 288b
2009-08-19
accounts-with-accounts-type-full
accounts · AA
2009-07-30
legacy
annual-return · 363a
2009-04-17