LEDGE 849 LIMITED
⚰️Wound downdissolved
SC279924 · ltd · incorporated 2005-02-14
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: Buying and selling of own real estate
Sector: Real estate
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 (65/100, director aged 62). 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).
Data confidence
Overall: low (47/100)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
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
27 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 (35 events)Click to expand
- 2012-11-13📄bona-vacantia-companyrestoration · BONA
- 2012-07-06📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-07-06🏁Company dissolved
- 2012-03-16📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-02-29📄dissolution-application-strike-off-companydissolution · DS01
- 2012-02-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-02-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-03-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-02-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-02-23📄change-person-director-company-with-change-dateofficers · CH01
- 2009-03-30📄accounts-with-made-up-dateaccounts · AA
- 2009-02-16📄legacyannual-return · 363a
- 2008-05-20📄accounts-with-made-up-dateaccounts · AA
- 2008-05-02📄accounts-with-made-up-dateaccounts · AA
- 2008-02-18📄legacyannual-return · 363a
- 2008-02-05📍legacyaddress · 287
- 2008-02-04📄legacyofficers · 288a
- 2008-02-04📄legacyofficers · 288b
- 2008-01-31➕GLASS, Kevin appointedsecretary
- 2008-01-31➖SMALL, Frederick resignedsecretary
- 2007-03-27📄legacyannual-return · 363a
- 2006-12-18📄accounts-with-made-up-dateaccounts · AA
- 2006-04-11📄legacyannual-return · 363a
- 2005-04-20📍legacyaddress · 287
- 2005-04-03📄legacyofficers · 288a
- 2005-04-03📄legacyofficers · 288b
- 2005-04-03📄legacyofficers · 288b
- 2005-03-24➕GLASS, Iain Keith appointeddirector
- 2005-03-24➕SMALL, Frederick appointedsecretary
- 2005-03-24➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
- 2005-03-24➖LEDGE SERVICES LIMITED resignedcorporate-nominee-director
- 2005-02-14🏢Company incorporatedAs LEDGE 849 LIMITED
- 2005-02-14➕LEDINGHAM CHALMERS appointedcorporate-nominee-secretary
- 2005-02-14➕LEDGE SERVICES LIMITED appointedcorporate-nominee-director
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. 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 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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 2012-07-06
🔒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 · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LANDWARD SECURITIES (EDINBURGH) LIMITED→ SC052040 · est 1972 | £3.62M £3.07M–£4.16M | — | £3.62M | — | 53y | 83 | 62y |
| TEAM SCOTLAND LTD.→ SC282486 · est 2005 | £1.97M £1.67M–£2.26M | — | £1.97M | — | 21y | 83 | 63y |
| GATEWAY GLASGOW LTD→ SC219530 · est 2001 | £1.34M £1.14M–£1.54M | — | £1.34M | — | 25y | 83 | 64y |
| PAMABER PROPERTIES LIMITED→ SC147392 · est 1993 | £1.21M £1.03M–£1.39M | — | £1.21M | — | 32y | 83 | 78y |
| LYNE PROPERTIES (EDINBURGH) LIMITED→ SC028226 · est 1951 | £1.12M £947.9k–£1.28M | — | £1.12M | — | 75y | 83 | 85y |
| SANTOSHI ENTERPRISE LIMITED→ SC251221 · est 2003 | £669.9k £569.4k–£770.4k | — | £669.9k | — | 22y | 83 | 64y |
| FACTOTUM (SCOTLAND) LIMITED→ SC246244 · est 2003 | £338.5k £287.7k–£389.2k | — | £338.5k | — | 23y | 83 | 74y |
| THE OLD SAWMILL LIMITED→ SC299306 · est 2006 | £28.1k £23.9k–£32.3k | — | £28.1k | — | 20y | 83 | 63y |
| REDS RELAX ENJOY DEVELOP LIMITED→ SC293103 · est 2005 | £12.3k £10.4k–£14.1k | — | £12.3k | — | 20y | 83 | 60y |
| CODEBASE LTD→ SC437306 · est 2012 | — | £11.72M | — | 9600 | 13y | 84 | 60y |
| CLOCKWORK PROPERTIES LIMITED→ SC197325 · est 1999 | — | £400.3k | — | 200 | 26y | 83 | 55y |
| JEDDERFIELD INVESTMENTS LIMITED→ SC502005 · est 2015 | — | £19.5k | — | 0 | 11y | 83 | 69y |
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
Incorporated2005-02-14
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
The Cockatoo
Old Craighall Road
Edinburgh
EH22 1RZ
Filing status
Accounts
Next due: —
Last made up to: 2011-02-28
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
Active
GLASS, Iain Keith→
Activedirector · ~62y · appointed 2005-03-24
View their other companies + combined net worth →
SMALL, Frederick→
Resignedsecretary · appointed 2005-03-24 · resigned 2008-01-31
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 2005-02-14 · resigned 2005-03-24
LEDGE SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-02-14 · resigned 2005-03-24
Click a director name to see their full track record across all companies.
Recent filings (27 total)
bona-vacantia-company
restoration · BONA
2012-11-13
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-07-06
gazette-notice-voluntary
gazette · GAZ1(A)
2012-03-16
dissolution-application-strike-off-company
dissolution · DS01
2012-02-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-27
accounts-with-accounts-type-dormant
accounts · AA
2012-02-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-25
accounts-with-accounts-type-dormant
accounts · AA
2011-02-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-23
change-person-director-company-with-change-date
officers · CH01
2010-02-23
accounts-with-made-up-date
accounts · AA
2009-03-30
legacy
annual-return · 363a
2009-02-16
accounts-with-made-up-date
accounts · AA
2008-05-20
accounts-with-made-up-date
accounts · AA
2008-05-02
legacy
annual-return · 363a
2008-02-18