XANTHAS LIMITED
⚰️Wound downdissolved
SC291642 · ltd · incorporated 2005-10-12
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 20.2y 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
64/100
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 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 92). 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).
🏦
Refinance opportunity
1 live charge · oldest 20.2y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
12 connected companies via shared directors
81
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
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 (42 events)Click to expand
- 2011-07-15📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-07-15🏁Company dissolved
- 2011-03-25📄gazette-notice-voluntarygazette · GAZ1(A)
- 2009-12-12📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2009-10-30📄gazette-notice-voluntarygazette · GAZ1(A)
- 2009-10-12📄dissolution-application-strike-off-companydissolution · DS01
- 2009-04-20📄legacyofficers · 288b
- 2009-04-18➖HMS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2008-11-11📄legacyannual-return · 363a
- 2008-10-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-09-29📍legacyaddress · 287
- 2008-01-15📄resolutionresolution · RESOLUTIONS
- 2008-01-15📄resolutionresolution · RESOLUTIONS
- 2008-01-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-12-06📄legacyannual-return · 363s
- 2007-12-06📄legacyannual-return · 363(288)
- 2007-04-24📍legacyaddress · 287
- 2007-04-24📄legacyofficers · 288b
- 2007-04-24📄legacyofficers · 288a
- 2007-04-19➖THORN, Phillip Anthony resignedsecretary
- 2007-04-19➕HMS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2007-04-19➖THORN, Phillip Anthony resigneddirector
- 2007-03-19✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2006-11-07📄legacyannual-return · 363s
- 2006-03-21📄legacymortgage · 410(Scot)
- 2006-03-16🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-02-09📄statement-of-affairsmiscellaneous · SA
- 2006-02-09📄legacycapital · 88(2)R
- 2006-02-09📄legacycapital · 123
- 2006-02-09📄resolutionresolution · RESOLUTIONS
- 2006-02-09📍legacyaddress · 287
- 2006-01-13➕MACLELLAN, Edmund Donald William appointeddirector
- 2006-01-13➕MILLS, James Ronald appointeddirector
- 2006-01-13➕THORN, Phillip Anthony appointedsecretary
- 2006-01-13➖HMS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-01-13➕THORN, Phillip Anthony appointeddirector
- 2006-01-13➖HMS DIRECTORS LIMITED resignedcorporate-nominee-director
- 2006-01-13➖HMS SECRETARIES LIMITED resignedcorporate-nominee-director
- 2005-10-12🏢Company incorporatedAs XANTHAS LIMITED
- 2005-10-12➕HMS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2005-10-12➕HMS DIRECTORS LIMITED appointedcorporate-nominee-director
- 2005-10-12➕HMS SECRETARIES LIMITED appointedcorporate-nominee-director
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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 92 — 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 92 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 20 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 2011-07-15
🔒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 · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.J.B. SCHOLES LIMITED→ SC341021 · est 2008 | — | — | — | 40 | 18y | 83 | 63y |
| AQUATERA LIMITED→ SC206441 · est 2000 | — | — | — | 3300 | 26y | 83 | 65y |
| ORCADIA→ SC272848 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 61y |
| REID & FRASER LTD.→ SC194713 · est 1999 | — | — | £367.3k | — | 27y | 83 | 59y |
| BRAEMARA LIMITED→ SC202577 · est 1999 | — | — | £786.7k | — | 26y | 82 | 80y |
| KNIGHT & MCDONALD LIMITED→ SC241493 · est 2002 | — | — | £61.9k | — | 23y | 82 | 65y |
| R & M JENKINS LIMITED→ SC285460 · est 2005 | — | — | £1.60M | — | 21y | 82 | 75y |
| EMPLOYABILITY ORKNEY→ SC292811 · est 2005 | — | — | £278.1k | — | 20y | 81 | 71y |
| IGTL TECHNOLOGY LTD→ SC378560 · est 2010 | — | — | £394.5k | — | 16y | 81 | 65y |
| ORCADES MARINE MANAGEMENT CONSULTANTS LTD→ SC385696 · est 2010 | — | — | — | 800 | 15y | 81 | 71y |
| 55 NORTH NETWORK LIMITED→ SC345212 · est 2008 | — | — | £1.01M | — | 17y | 80 | 71y |
| AA WHYTE CONSULTANCY LIMITED→ SC365455 · est 2009 | — | — | £13.7k | — | 16y | 80 | 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
Incorporated2005-10-12
Jurisdictionscotland
Primary SIC7487 — SIC 7487
Registered office
The Smiddy
Bower, By Wick
Caithness
KW1 4YY
Filing status
Accounts
Next due: —
Last made up to: 2007-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
MACLELLAN, Edmund Donald William→
Activedirector · ~69y · appointed 2006-01-13
View their other companies + combined net worth →
MILLS, James Ronald→
Activedirector · ~92y · appointed 2006-01-13
View their other companies + combined net worth →
THORN, Phillip Anthony→
Resignedsecretary · appointed 2006-01-13 · resigned 2007-04-19
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2007-04-19 · resigned 2009-04-18
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-10-12 · resigned 2006-01-13
THORN, Phillip Anthony→
Resigneddirector · ~77y · appointed 2006-01-13 · resigned 2007-04-19
HMS DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2005-10-12 · resigned 2006-01-13
HMS SECRETARIES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-10-12 · resigned 2006-01-13
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 16/03/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-07-15
gazette-notice-voluntary
gazette · GAZ1(A)
2011-03-25
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2009-12-12
gazette-notice-voluntary
gazette · GAZ1(A)
2009-10-30
dissolution-application-strike-off-company
dissolution · DS01
2009-10-12
legacy
officers · 288b
2009-04-20
legacy
annual-return · 363a
2008-11-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-10-30
legacy
address · 287
2008-09-29
resolution
resolution · RESOLUTIONS
2008-01-15
resolution
resolution · RESOLUTIONS
2008-01-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-01-07
legacy
annual-return · 363s
2007-12-06
legacy
annual-return · 363(288)
2007-12-06
legacy
address · 287
2007-04-24