ABACUS SHETLAND LIMITED

⚰️Wound downdissolved
SC263228 · private-limited-guarant-nsc · incorporated 2004-02-10
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 21.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: SIC 8532
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 90). 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 (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 21.6y

70/100
ready

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

  • · Oldest live charge is 21.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
10 officers (7 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
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 (44 events)Click to expand
  1. 2011-12-02
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-12-02
    🏁
    Company dissolved
  3. 2011-08-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-08-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2011-04-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2011-02-14
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  7. 2010-11-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2010-03-04
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  9. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2010-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2010-03-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2009-11-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2009-02-10
    📄
    legacy
    annual-return · 363a
  20. 2008-11-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2008-08-15
    📄
    legacy
    mortgage · 419a(Scot)
  22. 2008-08-15
    📄
    legacy
    mortgage · 419a(Scot)
  23. 2008-08-15
    🔓
    Charge satisfied #2
  24. 2008-08-15
    🔓
    Charge satisfied #1
  25. 2008-02-11
    📄
    legacy
    annual-return · 363a
  26. 2007-09-04
    📄
    legacy
    officers · 288a
  27. 2007-08-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2007-07-25
    ➕
    ABERNETHY, Diana Jane appointed
    director
  29. 2007-02-26
    📄
    legacy
    annual-return · 363a
  30. 2005-10-03
    🔒
    Charge registered #2
    Lender: James Herculson Henry and Others
  31. 2005-01-27
    ➕
    BLACKADDER, Jill Slee appointed
    director
  32. 2004-10-14
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Scotland PLC
  33. 2004-02-10
    🏢
    Company incorporated
    As ABACUS SHETLAND LIMITED
  34. 2004-02-10
    ➕
    MATHEWSON, Alice appointed
    secretary
  35. 2004-02-10
    ➕
    BLACKADDER, George Andrew appointed
    director
  36. 2004-02-10
    ➕
    BURGESS, John Moncrieff appointed
    director
  37. 2004-02-10
    ➕
    FOGG, Susan Elizabeth appointed
    director
  38. 2004-02-10
    ➕
    MATHEWSON, Alice appointed
    director
  39. 2004-02-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  40. 2004-02-10
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  41. 2004-02-10
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  42. 2004-02-10
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  43. 2004-02-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-director
  44. 2004-02-10
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 90 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 90 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 2011-12-02

🔒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 · Education & training · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DRIVE SHETLAND ( TRAINING ) LTD→
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——£355—12y8058y
ALMA EQUESTRIAN CENTRE LTD→
SC843974 · est 2025 · no financials extracted
————1y7668y
COPE LTD.→
SC186555 · est 1998 · no financials extracted
————27y7688y
HAME FAE HAME (SHETLAND) LIMITED→
SC783059 · est 2023
——£30.8k—2y7566y
CAMPION COMMS & COACHING LTD→
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———1002y7051y
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 →
🔒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
Typeprivate-limited-guarant-nsc
Incorporated2004-02-10
Jurisdictionscotland
Primary SIC8532 — SIC 8532

Registered office

Kirk Business Centre
Castle Street
Scalloway
Shetland
ZE1 0TF

Filing status

Accounts
Next due: —
Last made up to: 2010-09-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

MATHEWSON, Alice→
secretary · appointed 2004-02-10
View their other companies + combined net worth →
Active
ABERNETHY, Diana Jane→
director · ~46y · appointed 2007-07-25
View their other companies + combined net worth →
Active
BLACKADDER, George Andrew→
director · ~79y · appointed 2004-02-10
View their other companies + combined net worth →
Active
BLACKADDER, Jill Slee→
director · ~77y · appointed 2005-01-27
View their other companies + combined net worth →
Active
BURGESS, John Moncrieff→
director · ~90y · appointed 2004-02-10
View their other companies + combined net worth →
Active
FOGG, Susan Elizabeth→
director · ~82y · appointed 2004-02-10
View their other companies + combined net worth →
Active
MATHEWSON, Alice→
director · ~56y · appointed 2004-02-10
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-02-10 · resigned 2004-02-10
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2004-02-10 · resigned 2004-02-10
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-director · appointed 2004-02-10 · resigned 2004-02-10
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
James Herculson Henry and Others
Standard security1 property03/10/200515/08/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property14/10/200415/08/2008

Recent filings (45 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-12-02
gazette-notice-voluntary
gazette · GAZ1(A)
2011-08-12
dissolution-application-strike-off-company
dissolution · DS01
2011-08-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-04-27
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2011-02-14
change-account-reference-date-company-previous-extended
accounts · AA01
2010-11-10
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04
change-person-director-company-with-change-date
officers · CH01
2010-03-04