MPATHY MEDICAL DEVICES LIMITED

⚰️Wound downdissolved

SC246751 · ltd · incorporated 2003-03-28

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 19.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

59/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other human health activities

Sector: Human health & social work

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 80/100. Strong seller-intent signal (88/100, director aged 67). 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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.8y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 19.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

14 officers (1 active, 14 linked, 10 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

119 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

59/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (58 events)Click to expand

2014-07-04
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-07-04
🏁
Company dissolved
2014-03-14
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2014-02-27
📄
dissolution-application-strike-off-company
dissolution · DS01
2014-02-03
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2014-02-03
⚠️
legacy
insolvency · CAP-SS
2014-02-03
📄
legacy
capital · SH20
2014-02-03
📄
resolution
resolution · RESOLUTIONS
2014-01-03
📄
gazette-notice-compulsary
gazette · GAZ1
2013-09-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-10-08
📄
accounts-with-accounts-type-full
accounts · AA
2012-09-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-03-14
📄
accounts-with-accounts-type-full
accounts · AA
2012-01-28
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2011-12-30
📄
gazette-notice-compulsary
gazette · GAZ1
2011-10-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-12-08
📄
miscellaneous
miscellaneous · MISC
2010-12-03
📄
miscellaneous
miscellaneous · MISC
2010-12-02
📄
legacy
mortgage · MG03s
2010-12-02
📄
termination-director-company-with-name
officers · TM01
2010-12-02
📄
termination-director-company-with-name
officers · TM01
2010-12-02
📄
termination-director-company-with-name
officers · TM01
2010-12-02
📄
termination-director-company-with-name
officers · TM01
2010-12-02
📄
termination-director-company-with-name
officers · TM01
2010-12-02
📄
termination-secretary-company-with-name
officers · TM02
2010-12-02
📄
appoint-person-director-company-with-name
officers · AP01
2010-11-24
🔓
Charge satisfied #2
2010-10-29
➕
VOLKERS, Peter appointed
director
2010-10-29
➖
STEVENS, Ian Herbert resigned
secretary
2010-10-29
➖
BORTHWICK, George Cooper, Professor resigned
director
2010-10-29
➖
BROWNING, James Jonathan resigned
director
2010-10-29
➖
GEMMELL, Gavin resigned
director
2010-10-29
➖
GLOAG, Ann Heron resigned
director
2010-10-29
➖
STEVENS, Ian Herbert resigned
director
2010-07-09
🔒
Charge registered #2
Lender: Highland and Universal Investments Limited & Others
2010-07-02
🔓
Charge satisfied #1
2009-10-01
➕
GLOAG, Ann Heron appointed
director
2009-09-01
➖
ANDERSON, Eileen Janis resigned
director
2008-02-27
➕
BORTHWICK, George Cooper, Professor appointed
director
2008-02-27
➖
MCBEATH, David George resigned
director
2007-10-31
➖
ANDERSON, Eileen Janis resigned
secretary
2007-10-30
➕
STEVENS, Ian Herbert appointed
secretary
2007-10-30
➕
STEVENS, Ian Herbert appointed
director
2007-01-01
➕
GEMMELL, Gavin appointed
director
2006-11-29
➕
MCBEATH, David George appointed
director
2006-08-30
➖
TITTERINGTON, Susan Melville resigned
director
2006-08-14
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-10-31
➖
LIGHT, Nicholas David, Dr resigned
director
2003-09-01
➕
ANDERSON, Eileen Janis appointed
secretary
2003-09-01
➖
DALGLEN SECRETARIES LIMITED resigned
corporate-nominee-secretary

Showing most recent 50 of 58 events

Owner dependency

100/100

Critical — business is the founder

The 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 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

88/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 23 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 2014-07-04

1 insolvency-related filing on record

high

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

Evidence: 2014-02-03: legacy

🔒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 · Healthcare & medical · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
OPTICAL EXPRESS LIMITED→ SC161469 · est 1995	£80.82M £58.19M–£103.45M	—	—	54900	30y	85	58y
GP MATTERS LIMITED→ SC424457 · est 2012	£3.46M £2.49M–£4.43M	—	—	500	14y	85	61y
GATE HEALTHCARE LIMITED→ SC106549 · est 1987	£2.91M £2.09M–£3.72M	—	—	178	38y	82	60y
LORIMER CARE HOMES LIMITED→ SC412450 · est 2011	£2.26M £1.63M–£2.89M	—	—	0	14y	82	60y
GLENFAIRN LIMITED→ SC087540 · est 1984	£1.83M £1.32M–£2.34M	—	—	84	42y	82	60y
ASPIRE HOUSING & PERSONAL DEVELOPMENT SERVICES LIMITED→ SC231773 · est 2002	—	—	£354.7k	—	24y	83	77y
BCERTA LTD.→ SC355831 · est 2009	—	—	—	—	17y	83	67y
COMMONWEALTH DENTAL PRACTICE LTD.→ SC381148 · est 2010 · no financials extracted	—	—	—	—	15y	83	58y
DAVID LIVINGSTONE INTERNATIONAL LIMITED→ SC118899 · est 1989	—	—	£150.4k	—	36y	83	90y
DOON CARE LTD.→ SC262088 · est 2004	—	—	£1.46M	—	22y	83	87y
DUNDONALD HOUSE NURSING HOME LIMITED→ SC296431 · est 2006	—	—	—	—	20y	83	64y
FORWARD STEPS NURSERY LTD.→ SC235287 · est 2002	—	—	£107.9k	—	23y	83	59y

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

Incorporated2003-03-28

Jurisdictionscotland

Primary SIC86900 — Other human health activities

Registered office

208 Wright Business Centre

1 Lonmay Road

Queenslie

Glasgow

G33 4EL

Filing status

Accounts

Next due: —

Last made up to: 2011-12-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 13 resigned)

VOLKERS, Peter→

director · ~67y · appointed 2010-10-29

View their other companies + combined net worth →

Active

ANDERSON, Eileen Janis→

secretary · appointed 2003-09-01 · resigned 2007-10-31

Resigned

STEVENS, Ian Herbert→

secretary · appointed 2007-10-30 · resigned 2010-10-29

Resigned

DALGLEN SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2003-03-28 · resigned 2003-09-01

Resigned

ANDERSON, Eileen Janis→

director · ~67y · appointed 2003-09-01 · resigned 2009-09-01

Resigned

BORTHWICK, George Cooper, Professor→

director · ~82y · appointed 2008-02-27 · resigned 2010-10-29

Resigned

BROWNING, James Jonathan→

director · ~70y · appointed 2003-09-01 · resigned 2010-10-29

Resigned

GEMMELL, Gavin→

director · ~85y · appointed 2007-01-01 · resigned 2010-10-29

Resigned

GLOAG, Ann Heron→

director · ~84y · appointed 2009-10-01 · resigned 2010-10-29

Resigned

LIGHT, Nicholas David, Dr→

director · ~75y · appointed 2003-09-01 · resigned 2004-10-31

Resigned

MCBEATH, David George→

director · ~80y · appointed 2006-11-29 · resigned 2008-02-27

Resigned

STEVENS, Ian Herbert→

director · ~63y · appointed 2007-10-30 · resigned 2010-10-29

Resigned

TITTERINGTON, Susan Melville→

director · ~72y · appointed 2003-09-01 · resigned 2006-08-30

Resigned

DALGLEN DIRECTORS LIMITED→

corporate-nominee-director · appointed 2003-03-28 · resigned 2003-09-01

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Highland and Universal Investments & Others Highland and Universal Investments Limited & Others	Bond & floating charge	1 property	09/07/2010	24/11/2010
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	14/08/2006	02/07/2010

Recent filings (119 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2014-07-04

gazette-notice-voluntary

gazette · GAZ1(A)

2014-03-14

dissolution-application-strike-off-company

dissolution · DS01

2014-02-27

capital-statement-capital-company-with-date-currency-figure

capital · SH19

2014-02-03

legacy

insolvency · CAP-SS

2014-02-03

legacy

capital · SH20

2014-02-03

resolution

resolution · RESOLUTIONS

2014-02-03

gazette-notice-compulsary

gazette · GAZ1

2014-01-03

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2013-09-10

accounts-with-accounts-type-full

accounts · AA

2012-10-08

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2012-09-19

accounts-with-accounts-type-full

accounts · AA

2012-03-14

gazette-filings-brought-up-to-date

gazette · DISS40

2012-01-28

gazette-notice-compulsary

gazette · GAZ1

2011-12-30

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2011-10-06