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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.8y old — refinance window within 12 months
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
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 21.8y

70/100
ready

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

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: low (46/100)

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
Network not yet resolved
30
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

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
————28y7688y
HAME FAE HAME (SHETLAND) LIMITED→
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——£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 →
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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
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