WECANDO LIMITED
⚰️Wound downdissolved
SC286143 · ltd · incorporated 2005-06-13
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.
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
49/100
Watch
What this business does
Primary activity: SIC 7012
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
- 7020SIC 7020
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 49/100 (watch), bankability 32/100. Strong seller-intent signal (78/100, director aged 82). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
15 live charges · 3 lenders · oldest 20.4y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 20.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 70/100 (specialist).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
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
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
46
Multiple red flags — proceed with caution.
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 (51 events)Click to expand
- 2013-08-21⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-08-21🏁Company dissolved
- 2013-05-21⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2012-11-21⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2012-06-11⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2012-06-11⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2012-05-25⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2011-12-23⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2011-06-06⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2011-05-27⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2010-12-13⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-07-27⚠️liquidation-in-administration-deemed-proposal-scotlandinsolvency · 2.16BZ(Scot)
- 2010-07-14⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2010-06-23📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-06-03⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2010-05-25📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-03-05📄legacymortgage · MG01s
- 2010-03-05📄legacymortgage · MG01s
- 2010-03-05📄legacymortgage · MG01s
- 2010-03-05📄legacymortgage · MG01s
- 2010-03-05📄legacymortgage · MG01s
- 2010-03-05📄legacymortgage · MG01s
- 2010-03-05📄legacymortgage · MG01s
- 2010-02-24🔒Charge registered #15Lender: C&P Properties Limited
- 2010-02-24🔒Charge registered #14Lender: C&P Properties Limited
- 2010-02-24🔒Charge registered #13Lender: C&P Properties Limited
- 2010-02-24🔒Charge registered #12Lender: C&P Properties Limited
- 2010-02-24🔒Charge registered #11Lender: C&P Properties Limited
- 2010-02-24🔒Charge registered #10Lender: C&P Properties Limited
- 2010-02-24🔒Charge registered #9Lender: C&P Properties Limited
- 2009-08-03📄accounts-with-accounts-type-smallaccounts · AA
- 2009-07-08📄legacyannual-return · 363a
- 2009-07-08📄legacyofficers · 288c
- 2008-06-02🔒Charge registered #8Lender: Royal Bank of Scotland PLC
- 2008-06-02🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2008-06-02🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2008-06-02🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2008-05-30🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2008-05-29🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2007-07-12🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-12-13🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-10-14➕PATERSON, Raymond appointedsecretary
- 2005-10-14➖THORNTONS LAW LLP resignedcorporate-secretary
- 2005-08-20➕CRUICKSHANK, Angus William appointeddirector
- 2005-07-29➖HUTCHESON, Iain Henderson resigneddirector
- 2005-07-28➕PATERSON, Raymond appointeddirector
- 2005-06-13🏢Company incorporatedAs WECANDO LIMITED
- 2005-06-13➕THORNTONS LAW LLP appointedcorporate-secretary
- 2005-06-13➕THORNTONS WS appointedcorporate-secretary
- 2005-06-13➖THORNTONS WS resignedcorporate-secretary
Showing most recent 50 of 51 events
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 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 82 — 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 82 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 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
2 high · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-08-21
13 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-08-21: gazette-dissolved-liquidation; 2013-05-21: liquidation-in-administration-move-to-dissolution-scotland
15 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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
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|---|---|---|---|---|---|---|---|
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| INTERLOCK INVESTMENTS LIMITED→ SC057982 · est 1975 | £3.26M £2.40M–£4.11M | — | — | 20 | 50y | 84 | 72y |
| SKYVISION INTERNATIONAL LIMITED→ SC153156 · est 1994 | £837.2k £616.9k–£1.06M | £680.4k | — | 100 | 31y | 88 | 65y |
| ACCU-TECH SYSTEMS LIMITED→ SC223891 · est 2001 | £22.3k £16.4k–£28.2k | £413.2k | — | 300 | 24y | 85 | 58y |
| 'A' FLIGHT AVIATION LIMITED→ SC157855 · est 1995 | — | — | £6.9k | — | 31y | 83 | 72y |
| ADVANCED ASSET CONSULTANTS LIMITED→ SC362302 · est 2009 | — | — | — | 13 | 16y | 83 | 63y |
| AKELA PLANT HIRE LTD→ SC313584 · est 2006 | — | — | £1.69M | — | 19y | 83 | 58y |
| ANDERSON KNIGHT LIMITED→ SC214850 · est 2001 | — | — | — | 2300 | 25y | 83 | 63y |
| ASSISTING SUCCESS LIMITED→ SC294900 · est 2005 | — | — | £29.2k | — | 20y | 83 | 62y |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2005-06-13
Jurisdictionscotland
Primary SIC7012 — SIC 7012
Registered office
4 Atlantic Quay, 70 York Street
Glasgow
G2 8JX
Filing status
Accounts
Next due: —
Last made up to: 2008-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
Active
CRUICKSHANK, Angus William→
Activedirector · ~67y · appointed 2005-08-20
View their other companies + combined net worth →
PATERSON, Raymond→
Activedirector · ~82y · appointed 2005-07-28
View their other companies + combined net worth →
THORNTONS LAW LLP→
Resignedcorporate-secretary · appointed 2005-06-13 · resigned 2005-10-14
THORNTONS WS→
Resignedcorporate-secretary · appointed 2005-06-13 · resigned 2005-06-13
HUTCHESON, Iain Henderson→
Resigneddirector · ~64y · appointed 2005-06-13 · resigned 2005-07-29
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
15
Outstanding
2
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | C&P Properties C&P Properties Limited | Standard security | 1 property | 24/02/2010 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/06/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/06/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/06/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/06/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 30/05/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 29/05/2008 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/07/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 13/12/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (54 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-08-21
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2013-05-21
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-11-21
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-06-11
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2012-06-11
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2012-05-25
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2011-12-23
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2011-06-06
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2011-05-27
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2010-12-13
liquidation-in-administration-deemed-proposal-scotland
insolvency · 2.16BZ(Scot)
2010-07-27
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2010-07-14
change-registered-office-address-company-with-date-old-address
address · AD01
2010-06-23
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · 2.11B(Scot)
2010-06-03
change-registered-office-address-company-with-date-old-address
address · AD01
2010-05-25