VCPIII (GENERAL PARTNER) LIMITED

⚰️Wound downdissolved
SC239680 · ltd · incorporated 2002-11-15
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: SIC 6712
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 50/100. Strong seller-intent signal (65/100, director aged 62). Asset purchase likely safer than share purchase given structural signals. 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: strategic trade sale (53/100). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth 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
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 (40 events)Click to expand
  1. 2010-09-08
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2010-09-08
    🏁
    Company dissolved
  3. 2010-06-08
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2010-05-21
    📄
    termination-director-company-with-name
    officers · TM01
  5. 2010-05-18
    📄
    appoint-person-director-company-with-name
    officers · AP01
  6. 2010-05-13
    WHEATLEY, Sarah Penelope resigned
    director
  7. 2010-05-12
    WHITAKER, Steven appointed
    director
  8. 2008-10-07
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2007-05-24
    📍
    legacy
    address · 287
  10. 2007-05-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2007-05-10
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2007-03-14
    📄
    legacy
    officers · 288c
  13. 2006-11-21
    📄
    legacy
    annual-return · 363a
  14. 2006-10-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2005-11-21
    📄
    legacy
    annual-return · 363a
  16. 2005-08-04
    📄
    legacy
    officers · 288b
  17. 2005-08-04
    📄
    legacy
    officers · 288a
  18. 2005-07-21
    HORTON, Michael John appointed
    director
  19. 2005-07-21
    MASH, Julian Paul Vivian resigned
    director
  20. 2005-04-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2004-11-11
    📄
    legacy
    annual-return · 363s
  22. 2004-11-11
    📄
    legacy
    annual-return · 363(288)
  23. 2004-05-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2004-01-22
    📄
    legacy
    officers · 288a
  25. 2004-01-22
    📄
    legacy
    officers · 288b
  26. 2004-01-22
    📄
    legacy
    accounts · 225
  27. 2004-01-08
    WHEATLEY, Sarah Penelope appointed
    director
  28. 2004-01-08
    WORMSLEY, Alister Gerard resigned
    director
  29. 2003-11-17
    📄
    legacy
    annual-return · 363s
  30. 2003-11-17
    📄
    legacy
    annual-return · 363(288)
  31. 2003-02-05
    📄
    legacy
    officers · 288a
  32. 2003-02-05
    📄
    legacy
    officers · 288a
  33. 2003-01-24
    VISION CAPITAL GROUP LIMITED appointed
    corporate-secretary
  34. 2003-01-24
    BURNESS resigned
    corporate-nominee-secretary
  35. 2003-01-24
    MASH, Julian Paul Vivian appointed
    director
  36. 2003-01-24
    WORMSLEY, Alister Gerard appointed
    director
  37. 2003-01-24
    BURNESS (DIRECTORS) LIMITED resigned
    corporate-nominee-director
  38. 2002-11-15
    🏢
    Company incorporated
    As VCPIII (GENERAL PARTNER) LIMITED
  39. 2002-11-15
    BURNESS appointed
    corporate-nominee-secretary
  40. 2002-11-15
    BURNESS (DIRECTORS) LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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 2010-09-08

2 insolvency-related filings on record
high

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

Evidence: 2010-09-08: gazette-dissolved-liquidation; 2010-06-08: 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

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.

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Company details

Statusdissolved
Typeltd
Incorporated2002-11-15
Jurisdictionscotland
Primary SIC6712 — SIC 6712

Registered office

Kpmg Restructuring
Saltire Court 20 Castle Terrace
Edinburgh
EH1 2EG

Filing status

Accounts
Next due:
Last made up to: 2006-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

VISION CAPITAL GROUP LIMITED
corporate-secretary · appointed 2003-01-24
View their other companies + combined net worth →
Active
HORTON, Michael John
director · ~62y · appointed 2005-07-21
View their other companies + combined net worth →
Active
WHITAKER, Steven
director · ~56y · appointed 2010-05-12
View their other companies + combined net worth →
Active
BURNESS
corporate-nominee-secretary · appointed 2002-11-15 · resigned 2003-01-24
Resigned
MASH, Julian Paul Vivian
director · ~65y · appointed 2003-01-24 · resigned 2005-07-21
Resigned
WHEATLEY, Sarah Penelope
director · ~56y · appointed 2004-01-08 · resigned 2010-05-13
Resigned
WORMSLEY, Alister Gerard
director · ~59y · appointed 2003-01-24 · resigned 2004-01-08
Resigned
BURNESS (DIRECTORS) LIMITED
corporate-nominee-director · appointed 2002-11-15 · resigned 2003-01-24
Resigned

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

Recent filings (29 total)

gazette-dissolved-liquidation
gazette · GAZ2
2010-09-08
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2010-06-08
termination-director-company-with-name
officers · TM01
2010-05-21
appoint-person-director-company-with-name
officers · AP01
2010-05-18
resolution
resolution · RESOLUTIONS
2008-10-07
legacy
address · 287
2007-05-24
accounts-with-accounts-type-full
accounts · AA
2007-05-16
resolution
resolution · RESOLUTIONS
2007-05-10
legacy
officers · 288c
2007-03-14
legacy
annual-return · 363a
2006-11-21
accounts-with-accounts-type-full
accounts · AA
2006-10-17
legacy
annual-return · 363a
2005-11-21
legacy
officers · 288b
2005-08-04
legacy
officers · 288a
2005-08-04
accounts-with-accounts-type-full
accounts · AA
2005-04-01