CTTS LIMITED

⚰️Wound downdissolved
SC219982 · ltd · incorporated 2001-06-08
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 23.9y old — refinance window within 12 months
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 23.9y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (52/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
30 connected companies via shared directors
90
Filing history
54 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 (45 events)Click to expand
  1. 2015-12-22
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2015-12-22
    🏁
    Company dissolved
  3. 2015-09-22
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2015-09-22
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  5. 2013-10-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2013-06-10
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2013-02-27
    📄
    termination-secretary-company-with-name
    officers · TM02
  8. 2013-02-01
    ➖
    BELLINGAN, Graydon Philip resigned
    secretary
  9. 2012-09-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2012-08-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2011-10-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2011-06-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2010-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2010-07-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2010-07-01
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  16. 2010-07-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2010-07-01
    📄
    termination-director-company-with-name
    officers · TM01
  18. 2010-02-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2010-02-04
    📄
    auditors-resignation-company
    auditors · AUD
  20. 2009-12-17
    ➖
    ALLEN, Mark Campbell resigned
    director
  21. 2009-07-06
    📄
    legacy
    annual-return · 363a
  22. 2009-07-06
    📄
    legacy
    officers · 288c
  23. 2009-01-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  24. 2008-07-21
    📄
    auditors-resignation-company
    auditors · AUD
  25. 2008-07-07
    📄
    legacy
    annual-return · 363a
  26. 2008-07-07
    📄
    legacy
    officers · 288c
  27. 2008-07-07
    📄
    legacy
    officers · 288c
  28. 2008-07-02
    📄
    auditors-resignation-company
    auditors · AUD
  29. 2007-03-21
    ➕
    BELLINGAN, Graydon Philip appointed
    secretary
  30. 2007-03-21
    ➖
    MOORE, Simon Andrew resigned
    secretary
  31. 2005-06-10
    ➖
    MAKADIA, Arvind Kacharalal resigned
    secretary
  32. 2005-06-10
    ➕
    MOORE, Simon Andrew appointed
    secretary
  33. 2004-01-22
    ➕
    HAWKES, Edward Jonathan Cameron appointed
    director
  34. 2004-01-22
    ➕
    RAHMATALLAH, Faisal John appointed
    director
  35. 2004-01-22
    ➖
    ALLEN, Karen resigned
    secretary
  36. 2004-01-22
    ➕
    MAKADIA, Arvind Kacharalal appointed
    secretary
  37. 2004-01-22
    ➖
    ALLEN, Karen resigned
    director
  38. 2004-01-22
    ➕
    ALLEN, Mark Campbell appointed
    director
  39. 2002-07-01
    ➕
    ALLEN, Karen appointed
    director
  40. 2002-06-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  41. 2002-03-01
    ➖
    ALLEN, Mark Campbell resigned
    director
  42. 2001-06-08
    🏢
    Company incorporated
    As CTTS LIMITED
  43. 2001-06-08
    ➕
    JOHNSTONE, David Grant appointed
    director
  44. 2001-06-08
    ➕
    ALLEN, Karen appointed
    secretary
  45. 2001-06-08
    ➕
    ALLEN, Mark Campbell appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

90/100
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 70 years old. Natural succession window is now.
  • 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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2015-12-22

3 insolvency-related filings on record
high

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

Evidence: 2015-12-22: gazette-dissolved-liquidation; 2015-09-22: liquidation-voluntary-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 →

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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
Incorporated2001-06-08
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Suite 26 Strathclyde Business Centre
Pottery Street
Greenock
Renfrewshire
PA15 2UH

Filing status

Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 7 resigned)

HAWKES, Edward Jonathan Cameron→
director · ~49y · appointed 2004-01-22
View their other companies + combined net worth →
Active
JOHNSTONE, David Grant→
director · ~64y · appointed 2001-06-08
View their other companies + combined net worth →
Active
RAHMATALLAH, Faisal John→
director · ~70y · appointed 2004-01-22
View their other companies + combined net worth →
Active
ALLEN, Karen→
secretary · appointed 2001-06-08 · resigned 2004-01-22
Resigned
BELLINGAN, Graydon Philip→
secretary · appointed 2007-03-21 · resigned 2013-02-01
Resigned
MAKADIA, Arvind Kacharalal→
secretary · appointed 2004-01-22 · resigned 2005-06-10
Resigned
MOORE, Simon Andrew→
secretary · appointed 2005-06-10 · resigned 2007-03-21
Resigned
ALLEN, Karen→
director · ~64y · appointed 2002-07-01 · resigned 2004-01-22
Resigned
ALLEN, Mark Campbell→
director · ~65y · appointed 2004-01-22 · resigned 2009-12-17
Resigned
ALLEN, Mark Campbell→
director · ~65y · appointed 2001-06-08 · resigned 2002-03-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/06/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

gazette-dissolved-liquidation
gazette · GAZ2
2015-12-22
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2015-09-22
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2015-09-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-10-17
resolution
resolution · RESOLUTIONS
2013-06-10
termination-secretary-company-with-name
officers · TM02
2013-02-27
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-08-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-10-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-30
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-10-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-02
change-registered-office-address-company-with-date-old-address
address · AD01
2010-07-01
change-person-director-company-with-change-date
officers · CH01
2010-07-01
termination-director-company-with-name
officers · TM01
2010-07-01