THE LEITH RESTAURANT COMPANY LTD.
- · Oldest live charge 19.1y old — refinance window within 12 months
- 5540SIC 5540
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 64). 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 19.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.1 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 (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (34 events)Click to expand
- 2010-06-25📄gazette-dissolved-compulsorygazette · GAZ2
- 2010-06-25🏁Company dissolved
- 2010-03-05📄gazette-notice-compulsorygazette · GAZ1
- 2009-01-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-01-23📄legacyannual-return · 363a
- 2008-01-15📄legacyannual-return · 363a
- 2007-11-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-09-10📄legacyofficers · 288b
- 2007-08-08➖MUDIE, Steven resigneddirector
- 2007-05-14📍legacyaddress · 287
- 2007-04-23📄legacymortgage · 410(Scot)
- 2007-04-02🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2007-02-27📄legacyannual-return · 363s
- 2007-02-27📄legacycapital · 88(2)R
- 2007-02-27📍legacyaddress · 287
- 2007-02-27📄legacyofficers · 288a
- 2007-02-27📄legacyofficers · 288b
- 2007-01-12➕DONOGHUE, David appointedsecretary
- 2007-01-12➖THISTLE COMPANY SECRETARIAL SERVICES LIMTIED resignedcorporate-secretary
- 2006-04-19📄legacyofficers · 288a
- 2006-03-30📄legacyofficers · 288a
- 2006-03-23📄legacyofficers · 288a
- 2006-03-23✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2006-02-01➕DONOGHUE, Jane Susan appointeddirector
- 2006-02-01➕MUDIE, Steven appointeddirector
- 2006-01-13📄legacyofficers · 288b
- 2006-01-13📄legacyofficers · 288b
- 2006-01-12🏢Company incorporatedAs THE LEITH RESTAURANT COMPANY LTD.
- 2006-01-12➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-01-12➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-01-12➕THISTLE COMPANY SECRETARIAL SERVICES LIMTIED appointedcorporate-secretary
- 2006-01-12➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-01-12➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2006-01-12📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-06-25
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (0 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 02/04/2007 | — |