MIFA LIMITED
⚰️Wound downdissolved
SC270739 · ltd · incorporated 2004-07-15
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 83). 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).
Data confidence
Overall: low (50/100)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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
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 (28 events)Click to expand
- 2010-02-19📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-02-19🏁Company dissolved
- 2009-10-30📄gazette-notice-voluntarygazette · GAZ1(A)
- 2009-09-26📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2009-05-08📄gazette-notice-voluntarygazette · GAZ1(A)
- 2009-04-24📄legacydissolution · 652a
- 2009-03-09📄legacyofficers · 288b
- 2008-08-31➖MACCOLL, Michelle resigneddirector
- 2007-11-20📄legacyannual-return · 363a
- 2006-08-14📄legacyannual-return · 363a
- 2006-05-09📄accounts-with-made-up-dateaccounts · AA
- 2005-08-11📄legacyannual-return · 363s
- 2004-09-22📄legacyofficers · 288a
- 2004-09-22📄legacyofficers · 288a
- 2004-09-22📄legacyofficers · 288a
- 2004-09-22📄legacyofficers · 288a
- 2004-07-16📄legacyofficers · 288b
- 2004-07-16📄legacyofficers · 288b
- 2004-07-15🏢Company incorporatedAs MIFA LIMITED
- 2004-07-15➕F.G.S. ASSOCIATES LIMITED appointedcorporate-secretary
- 2004-07-15➕DALGARNO, Frederick George Scott appointeddirector
- 2004-07-15➕MORRISON, Iain Main appointeddirector
- 2004-07-15➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2004-07-15➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2004-07-15➕MACCOLL, Michelle appointeddirector
- 2004-07-15➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2004-07-15➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2004-07-15📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 83 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-02-19
🔒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 · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| STREAMLINE SHIPPING GROUP LIMITED→ SC131956 · est 1991 | £15.91M £11.73M–£20.10M | — | — | 0 | 35y | 83 | 74y |
| GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006 | £9.77M £7.20M–£12.34M | — | — | 0 | 19y | 84 | 68y |
| HIGHLAND FUELS HOLDINGS LIMITED→ SC215790 · est 2001 | £9.50M £7.00M–£12.00M | — | — | 300 | 25y | 88 | 62y |
| CRAIGSHANNOCH LIMITED→ SC191743 · est 1998 | £5.90M £4.34M–£7.45M | £2.95M | — | 300 | 27y | 88 | 67y |
| HSB HOLDINGS LIMITED→ SC260511 · est 2003 | £3.58M £2.64M–£4.52M | — | — | 0 | 22y | 84 | 61y |
| T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020 | £2.76M £2.03M–£3.48M | £11.52M | — | 5100 | 5y | 87 | 77y |
| ROTECH HOLDINGS LIMITED→ SC148822 · est 1994 | £1.97M £1.45M–£2.49M | £453.6k | — | 0 | 32y | 92 | 58y |
| WELLTEC (UK) LTD.→ SC204742 · est 2000 | £134.9k £99.4k–£170.4k | £17.23M | — | 3200 | 26y | 85 | 62y |
| ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007 | — | — | £5.47M | — | 19y | 83 | 60y |
| ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 59y |
| BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998 | — | — | — | — | 27y | 83 | 61y |
| CONNECT NDT LIMITED→ SC205224 · est 2000 | — | — | — | — | 26y | 83 | 70y |
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
Typeltd
Incorporated2004-07-15
Jurisdictionscotland
Primary SIC7487 — SIC 7487
Registered office
Newton Of Countesswells
Kingswells
Aberdeen
AB15 8QD
Filing status
Accounts
Next due: —
Last made up to: 2005-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
F.G.S. ASSOCIATES LIMITED→
Activecorporate-secretary · appointed 2004-07-15
View their other companies + combined net worth →
DALGARNO, Frederick George Scott→
Activedirector · ~83y · appointed 2004-07-15
View their other companies + combined net worth →
MORRISON, Iain Main→
Activedirector · ~75y · appointed 2004-07-15
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2004-07-15 · resigned 2004-07-15
MACCOLL, Michelle→
Resigneddirector · ~43y · appointed 2004-07-15 · resigned 2008-08-31
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2004-07-15 · resigned 2004-07-15
Click a director name to see their full track record across all companies.
Recent filings (17 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-02-19
gazette-notice-voluntary
gazette · GAZ1(A)
2009-10-30
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2009-09-26
gazette-notice-voluntary
gazette · GAZ1(A)
2009-05-08
legacy
dissolution · 652a
2009-04-24
legacy
officers · 288b
2009-03-09
legacy
annual-return · 363a
2007-11-20
legacy
annual-return · 363a
2006-08-14
accounts-with-made-up-date
accounts · AA
2006-05-09
legacy
annual-return · 363s
2005-08-11
legacy
officers · 288a
2004-09-22
legacy
officers · 288a
2004-09-22
legacy
officers · 288a
2004-09-22
legacy
officers · 288a
2004-09-22
legacy
officers · 288b
2004-07-16