EARTHSTREAM LIMITED
⚰️Wound downdissolved
SC221791 · ltd · incorporated 2001-08-01
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
41/100
Watch
What this business does
Primary activity: SIC 7012
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 41/100 (watch), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
15 live charges · 4 lenders · oldest 24.7y
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 24.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 70/100 (specialist).
Data confidence
Overall: low (48/100)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
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
41/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
38
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 (58 events)Click to expand
- 2016-03-23⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-03-23🏁Company dissolved
- 2015-12-23⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2012-11-01📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-09-27⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2012-09-27⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2012-02-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-31📄termination-secretary-company-with-nameofficers · TM02
- 2012-01-27📄legacymortgage · MG01s
- 2012-01-16🔒Charge registered #15Lender: First Management (GB) Limited
- 2012-01-13📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2011-08-01➖WONG, Chung Man resignedsecretary
- 2011-03-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-11-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2010-02-05📄gazette-notice-compulsarygazette · GAZ1
- 2009-10-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-05-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2009-05-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-03-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2009-02-05📄legacyofficers · 288a
- 2009-02-05📍legacyaddress · 287
- 2009-02-05📄legacyofficers · 288b
- 2009-01-30📄gazette-notice-compulsarygazette · GAZ1
- 2008-12-03📍legacyaddress · 287
- 2008-12-01➕WONG, Chung Man appointedsecretary
- 2008-12-01➖COHEN & CO SOLICITORS resignedcorporate-secretary
- 2008-10-16📄legacyannual-return · 363a
- 2008-05-21📄legacyofficers · 288c
- 2008-05-20📍legacyaddress · 287
- 2008-03-17🔒Charge registered #14Lender: Royal Bank of Scotland PLC
- 2008-01-10🔒Charge registered #13Lender: AWC2 Limited
- 2007-05-22🔓Charge satisfied #12
- 2007-05-22🔓Charge satisfied #11
- 2007-05-22🔓Charge satisfied #3
- 2006-07-03➖WONG, Chung Man resigneddirector
- 2005-05-04🔒Charge registered #12Lender: The Royal Bank of Scotland PLC
- 2005-03-25🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2004-09-01🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2004-08-26🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2004-08-24🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2004-02-13➖COHEN, Daniel resigneddirector
- 2003-10-15🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2003-10-07🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2003-03-05➕WONG, Chung Man appointeddirector
- 2002-10-14🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2002-10-14🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2002-09-11➕WONG, Kaye Hoi Yan appointeddirector
- 2002-07-01🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2002-06-05🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 58 events
Owner dependency
85/100
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 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 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 · 1 med · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-03-23
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-03-23: gazette-dissolved-liquidation; 2015-12-23: liquidation-compulsory-return-of-final-meeting-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
12 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006 | £9.77M £7.20M–£12.34M | — | — | 0 | 19y | 84 | 68y |
| HIGHLAND FUELS HOLDINGS LIMITED→ SC215790 · est 2001 | £9.50M £7.00M–£12.00M | — | — | 300 | 25y | 88 | 62y |
| CRAIGSHANNOCH LIMITED→ SC191743 · est 1998 | £5.90M £4.34M–£7.45M | £2.95M | — | 300 | 27y | 88 | 67y |
| HSB HOLDINGS LIMITED→ SC260511 · est 2003 | £3.58M £2.64M–£4.52M | — | — | 0 | 22y | 84 | 61y |
| T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020 | £2.76M £2.03M–£3.48M | £11.52M | — | 5100 | 5y | 87 | 77y |
| ROTECH HOLDINGS LIMITED→ SC148822 · est 1994 | £1.97M £1.45M–£2.49M | £453.6k | — | 0 | 32y | 92 | 58y |
| WELLTEC (UK) LTD.→ SC204742 · est 2000 | £134.9k £99.4k–£170.4k | £17.23M | — | 3200 | 26y | 85 | 62y |
| ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007 | — | — | £5.47M | — | 19y | 83 | 60y |
| ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 59y |
| BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998 | — | — | — | — | 27y | 83 | 61y |
| CONNECT NDT LIMITED→ SC205224 · est 2000 | — | — | — | — | 26y | 83 | 70y |
| CUMMING & CO. (ABERDEEN) LTD.→ SC248131 · est 2003 | — | — | £352.1k | — | 23y | 83 | 58y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2001-08-01
Jurisdictionscotland
Primary SIC7012 — SIC 7012
Registered office
Bishop'S Court
29 Albyn Place
Aberdeen
AB10 1YL
Filing status
Accounts
Next due: —
Last made up to: 2007-01-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
WONG, Kaye Hoi Yan→
Activedirector · ~52y · appointed 2002-09-11
View their other companies + combined net worth →
WONG, Chung Man→
Resignedsecretary · appointed 2008-12-01 · resigned 2011-08-01
COHEN & CO SOLICITORS→
Resignedcorporate-secretary · appointed 2001-08-14 · resigned 2008-12-01
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-08-01 · resigned 2001-08-14
COHEN, Daniel→
Resigneddirector · ~80y · appointed 2001-08-14 · resigned 2004-02-13
WONG, Chung Man→
Resigneddirector · ~64y · appointed 2003-03-05 · resigned 2006-07-03
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2001-08-01 · resigned 2001-08-14
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
12
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | First Management (GB) First Management (GB) Limited | Standard security | 1 property | 16/01/2012 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 17/03/2008 | — | |
| outstanding | AWC2 AWC2 Limited | Standard security | 1 property | 10/01/2008 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/05/2005 | 22/05/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 25/03/2005 | 22/05/2007 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/09/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 26/08/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/08/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 15/10/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/10/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/10/2002 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/10/2002 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/07/2002 | 22/05/2007 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 05/06/2002 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 30/08/2001 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (68 total)
gazette-dissolved-liquidation
gazette · GAZ2
2016-03-23
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2015-12-23
change-registered-office-address-company-with-date-old-address
address · AD01
2012-11-01
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2012-09-27
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2012-09-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-01
termination-secretary-company-with-name
officers · TM02
2012-01-31
legacy
mortgage · MG01s
2012-01-27
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2012-01-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-03-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-17
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2010-04-17
gazette-notice-compulsary
gazette · GAZ1
2010-02-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-10-21
gazette-filings-brought-up-to-date
gazette · DISS40
2009-05-06