PENKILN FEEDS LIMITED
⚰️Wound downdissolved
SC218328 · ltd · incorporated 2001-04-23
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
63/100
Worth a look
What this business does
Primary activity: SIC 5121
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 76). 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: low (44/100)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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
90
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 (35 events)Click to expand
- 2010-09-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-09-10🏁Company dissolved
- 2010-05-21📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-05-12📄dissolution-application-strike-off-companydissolution · DS01
- 2010-02-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-05-11📄legacyannual-return · 363a
- 2009-04-29📄accounts-with-made-up-dateaccounts · AA
- 2008-06-30📄legacyannual-return · 363a
- 2008-01-31📄accounts-with-made-up-dateaccounts · AA
- 2007-05-29📄legacyannual-return · 363a
- 2007-03-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-06-19📄legacyannual-return · 363a
- 2006-02-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-05-25📄legacyannual-return · 363s
- 2005-05-19📄legacyofficers · 288b
- 2005-05-19📄legacyofficers · 288a
- 2005-05-04➕DEWAR, Peter Duncan appointedsecretary
- 2005-04-13➖DEWAR, Isabel Margaret resignedsecretary
- 2005-01-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-06-03📄legacyannual-return · 363s
- 2004-03-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-05-06📄legacyannual-return · 363s
- 2003-02-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-05-09📄legacyannual-return · 363s
- 2002-02-28📄resolutionresolution · RESOLUTIONS
- 2002-02-28📄legacycapital · 88(2)R
- 2002-02-12📄legacyaccounts · 225
- 2001-07-10📄memorandum-articlesincorporation · MA
- 2001-06-13➕DEWAR, Colin Wallace appointeddirector
- 2001-06-13➕DEWAR, Isabel Margaret appointedsecretary
- 2001-06-13➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2001-06-13➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 2001-04-23🏢Company incorporatedAs PENKILN FEEDS LIMITED
- 2001-04-23➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2001-04-23➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
100/100
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 76 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-09-10
Similar companies
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|---|---|---|---|---|---|---|---|
| JOHN MILLER LIMITED→ SC098434 · est 1986 | £3.29M £2.46M–£4.11M | £11.59M | — | 6900 | 40y | 84 | 72y |
| CURRIE EUROPEAN TRANSPORT LIMITED→ SC062686 · est 1977 | £269.3k £202.0k–£336.7k | — | — | 20200 | 48y | 84 | 59y |
| MC CALL'S COACHES LIMITED→ SC293378 · est 2005 | — | — | £154.1k | — | 20y | 83 | 62y |
| A J SLAVIN & SONS LIMITED→ SC262782 · est 2004 | — | — | — | 3 | 22y | 82 | 59y |
| CALGOW TRANSPORT LIMITED→ SC209835 · est 2000 | — | — | — | 100 | 25y | 82 | 66y |
| FINNIE HEAVY HAULAGE LIMITED→ SC230925 · est 2002 | — | — | £3.05M | — | 24y | 82 | 59y |
| G A TRANSPORT LIMITED→ SC261778 · est 2004 | — | — | — | 1 | 22y | 82 | 67y |
| LINES DISTRIBUTION SERVICES LIMITED→ SC246460 · est 2003 | — | — | — | 2700 | 23y | 82 | 63y |
| MARTIN JOLLY TRUCK HIRE LIMITED→ SC117282 · est 1989 | — | — | — | 2700 | 37y | 82 | 75y |
| SOLWAY TRANSPORT LIMITED→ SC260833 · est 2003 | — | — | £808.9k | — | 22y | 82 | 67y |
| ANNANDALE COMMUNITY TRANSPORT SERVICES→ SC200686 · est 1999 · no financials extracted | — | — | — | — | 26y | 81 | 92y |
| AML HAULAGE LIMITED→ SC520747 · est 2015 | — | — | — | 1000 | 10y | 80 | 67y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2001-04-23
Jurisdictionscotland
Primary SIC5121 — SIC 5121
Registered office
51 Rae Street
Dumfries
DG1 1JD
Filing status
Accounts
Next due: —
Last made up to: 2009-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
DEWAR, Peter Duncan→
Activesecretary · appointed 2005-05-04
View their other companies + combined net worth →
DEWAR, Colin Wallace→
Activedirector · ~76y · appointed 2001-06-13
View their other companies + combined net worth →
DEWAR, Isabel Margaret→
Resignedsecretary · appointed 2001-06-13 · resigned 2005-04-13
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-04-23 · resigned 2001-06-13
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2001-04-23 · resigned 2001-06-13
Click a director name to see their full track record across all companies.
Recent filings (35 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-09-10
gazette-notice-voluntary
gazette · GAZ1(A)
2010-05-21
dissolution-application-strike-off-company
dissolution · DS01
2010-05-12
accounts-with-accounts-type-dormant
accounts · AA
2010-02-09
legacy
annual-return · 363a
2009-05-11
accounts-with-made-up-date
accounts · AA
2009-04-29
legacy
annual-return · 363a
2008-06-30
accounts-with-made-up-date
accounts · AA
2008-01-31
legacy
annual-return · 363a
2007-05-29
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-03-19
legacy
annual-return · 363a
2006-06-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-02-17
legacy
annual-return · 363s
2005-05-25
legacy
officers · 288b
2005-05-19
legacy
officers · 288a
2005-05-19