N2 CAPITAL LIMITED
⚰️Wound downdissolved
SC289029 · ltd · incorporated 2005-08-17
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 7032
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 68). 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 (51/100)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 (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
14 connected companies via shared directors
87
Filing history
19 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
- 2010-10-22📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-10-22🏁Company dissolved
- 2010-07-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-06-17📄dissolution-application-strike-off-companydissolution · DS01
- 2009-11-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-01-29📄legacyofficers · 288a
- 2009-01-19📄legacyannual-return · 363a
- 2007-09-11📄legacyannual-return · 363a
- 2007-09-11📍legacyaddress · 190
- 2007-09-11📍legacyaddress · 353
- 2007-09-11📍legacyaddress · 287
- 2007-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-06-06➕GULLAN, Neil Stuart appointeddirector
- 2006-10-23📄legacyannual-return · 363s
- 2006-02-15📄legacyofficers · 288a
- 2006-02-15📄legacyofficers · 288a
- 2006-02-15📍legacyaddress · 287
- 2006-02-10➕RYSAFFE SECRETARIES appointedcorporate-secretary
- 2005-09-06📄legacyofficers · 288b
- 2005-09-06📄legacyofficers · 288b
- 2005-08-18➖ABERGAN REED NOMINEES LTD resignedcorporate-nominee-secretary
- 2005-08-18➖ABERGAN REED LIMITED resignedcorporate-nominee-director
- 2005-08-17🏢Company incorporatedAs N2 CAPITAL LIMITED
- 2005-08-17➕MCALLISTER, James Neil appointeddirector
- 2005-08-17➕ABERGAN REED NOMINEES LTD appointedcorporate-nominee-secretary
- 2005-08-17➕ABERGAN REED LIMITED appointedcorporate-nominee-director
- 2005-08-17📄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 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-10-22
🔒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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|---|---|---|---|---|---|---|---|
| HENDERSON KILDAVAIG LTD→ SC380007 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| HIGH VOLTAGE DESIGN AND CONSULTING LIMITED→ SC843777 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND CAPITAL PARTNERS LIMITED→ SC361717 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| HINTERLAND STUDIO LTD→ SC838464 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HMM ACCOUNTING SERVICES LTD→ SC546242 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HOLONYC LIMITED→ SC852554 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HOSICK INDUSTRIES LIMITED→ SC574795 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| HOST-ED PLUS LTD→ SC737300 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HUGOTECH LTD→ SC858632 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HULK BIO LTD→ SC791158 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HULME BUSINESS LTD→ SC801115 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HUMAN BY PRACTICE LTD.→ SC761035 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2005-08-17
Jurisdictionscotland
Primary SIC7032 — SIC 7032
Registered office
Edinburgh Quay
133 Fountainbridge
Edinburgh
EH3 9BA
Filing status
Accounts
Next due: —
Last made up to: 2007-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
RYSAFFE SECRETARIES→
Activecorporate-secretary · appointed 2006-02-10
View their other companies + combined net worth →
GULLAN, Neil Stuart→
Activedirector · ~68y · appointed 2007-06-06
View their other companies + combined net worth →
MCALLISTER, James Neil→
Activedirector · ~66y · appointed 2005-08-17
View their other companies + combined net worth →
ABERGAN REED NOMINEES LTD→
Resignedcorporate-nominee-secretary · appointed 2005-08-17 · resigned 2005-08-18
ABERGAN REED LIMITED→
Resignedcorporate-nominee-director · appointed 2005-08-17 · resigned 2005-08-18
Click a director name to see their full track record across all companies.
Recent filings (19 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-10-22
gazette-notice-voluntary
gazette · GAZ1(A)
2010-07-02
dissolution-application-strike-off-company
dissolution · DS01
2010-06-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-01-30
legacy
officers · 288a
2009-01-29
legacy
annual-return · 363a
2009-01-19
legacy
annual-return · 363a
2007-09-11
legacy
address · 190
2007-09-11
legacy
address · 353
2007-09-11
legacy
address · 287
2007-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2007-06-18
legacy
annual-return · 363s
2006-10-23
legacy
officers · 288a
2006-02-15
legacy
officers · 288a
2006-02-15