LEDGE 725 LIMITED

⚰️Wound downdissolved
SC248332 · ltd · incorporated 2003-04-25
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 22.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 5540
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 61). 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 · oldest 22.8y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
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 (35 events)Click to expand
  1. 2010-03-26
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2010-03-26
    🏁
    Company dissolved
  3. 2009-12-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2009-08-25
    📄
    legacy
    dissolution · 652C
  5. 2009-06-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  6. 2009-05-18
    📄
    legacy
    annual-return · 363a
  7. 2009-05-15
    📄
    legacy
    dissolution · 652a
  8. 2008-05-28
    📄
    legacy
    annual-return · 363a
  9. 2008-02-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2007-08-28
    📄
    legacy
    annual-return · 363a
  11. 2007-05-26
    📄
    legacy
    mortgage · 419a(Scot)
  12. 2007-05-26
    🔓
    Charge satisfied #2
  13. 2006-07-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2006-05-10
    📄
    legacy
    annual-return · 363a
  15. 2006-01-25
    📄
    legacy
    officers · 288b
  16. 2006-01-25
    📄
    legacy
    officers · 288a
  17. 2006-01-25
    📍
    legacy
    address · 287
  18. 2006-01-20
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-secretary
  19. 2006-01-20
    LEDINGHAM CHALMERS resigned
    corporate-nominee-secretary
  20. 2005-12-07
    📄
    legacy
    accounts · 225
  21. 2005-09-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2005-05-16
    📄
    legacy
    annual-return · 363a
  23. 2004-06-02
    📄
    legacy
    annual-return · 363a
  24. 2003-10-14
    📄
    legacy
    mortgage · 410(Scot)
  25. 2003-09-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  26. 2003-09-16
    📄
    legacy
    mortgage · 410(Scot)
  27. 2003-09-09
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2003-06-19
    📄
    legacy
    officers · 288b
  29. 2003-06-19
    📄
    legacy
    officers · 288a
  30. 2003-06-13
    WILSON, Michael Duthie appointed
    director
  31. 2003-06-13
    LEDGE SERVICES LIMITED resigned
    corporate-nominee-director
  32. 2003-04-25
    🏢
    Company incorporated
    As LEDGE 725 LIMITED
  33. 2003-04-25
    LEDINGHAM CHALMERS appointed
    corporate-nominee-secretary
  34. 2003-04-25
    LEDGE SERVICES LIMITED appointed
    corporate-nominee-director
  35. 2003-04-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

93/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
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 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2010-03-26

🔒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

8 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 →
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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
Incorporated2003-04-25
Jurisdictionscotland
Primary SIC5540 — SIC 5540

Registered office

30-31 Queen Street
Edinburgh
Midlothian
EH2 1JX

Filing status

Accounts
Next due:
Last made up to: 2006-08-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

MORTON FRASER SECRETARIES LIMITED
corporate-secretary · appointed 2006-01-20
View their other companies + combined net worth →
Active
WILSON, Michael Duthie
director · ~61y · appointed 2003-06-13
View their other companies + combined net worth →
Active
LEDINGHAM CHALMERS
corporate-nominee-secretary · appointed 2003-04-25 · resigned 2006-01-20
Resigned
LEDGE SERVICES LIMITED
corporate-nominee-director · appointed 2003-04-25 · resigned 2003-06-13
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties23/09/200326/05/2007
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property09/09/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (24 total)

gazette-dissolved-compulsory
gazette · GAZ2
2010-03-26
gazette-notice-compulsory
gazette · GAZ1
2009-12-04
legacy
dissolution · 652C
2009-08-25
gazette-notice-voluntary
gazette · GAZ1(A)
2009-06-05
legacy
annual-return · 363a
2009-05-18
legacy
dissolution · 652a
2009-05-15
legacy
annual-return · 363a
2008-05-28
accounts-with-accounts-type-small
accounts · AA
2008-02-13
legacy
annual-return · 363a
2007-08-28
legacy
mortgage · 419a(Scot)
2007-05-26
accounts-with-accounts-type-small
accounts · AA
2006-07-03
legacy
annual-return · 363a
2006-05-10
legacy
officers · 288b
2006-01-25
legacy
officers · 288a
2006-01-25
legacy
address · 287
2006-01-25