FIRSTFORM (147) LIMITED
⚰️Wound downdissolved
SC301716 · ltd · incorporated 2006-05-04
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 8514
Sector: Education
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 73). 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 (48/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
23 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 (31 events)Click to expand
- 2014-05-16📄gazette-dissolved-compulsarygazette · GAZ2
- 2014-05-16🏁Company dissolved
- 2014-01-24📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-07-04📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2013-05-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-09-07📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2011-08-05📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-01-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2010-11-19📄gazette-notice-compulsarygazette · GAZ1
- 2009-12-31📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2009-11-13📄gazette-notice-compulsarygazette · GAZ1
- 2008-10-28📍legacyaddress · 287
- 2008-10-28📄legacyannual-return · 363a
- 2008-01-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2007-06-11📄legacyannual-return · 363s
- 2006-06-02📍legacyaddress · 287
- 2006-06-02📄legacyofficers · 288a
- 2006-06-02📄legacyofficers · 288a
- 2006-06-02📄legacyofficers · 288b
- 2006-06-02📄legacyofficers · 288b
- 2006-05-09📍legacyaddress · 287
- 2006-05-09📄legacyofficers · 288b
- 2006-05-09📄legacyofficers · 288b
- 2006-05-08➕BATES, Marilyn appointedsecretary
- 2006-05-08➕BATES, Donald appointeddirector
- 2006-05-08➖FIRST SCOTTISH SECRETARIES LIMITED resignedcorporate-secretary
- 2006-05-08➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-director
- 2006-05-04🏢Company incorporatedAs FIRSTFORM (147) LIMITED
- 2006-05-04➕FIRST SCOTTISH SECRETARIES LIMITED appointedcorporate-secretary
- 2006-05-04➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-director
- 2006-05-04📄incorporation-companyincorporation · NEWINC
Owner dependency
100/100
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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
100/100
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 73 years old. Natural succession window is now.
- 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 dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-05-16
🔒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 · Education & training · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GREEN ROUTES STIRLING→ SC337234 · est 2008 | — | — | — | 11 | 18y | 83 | 79y |
| THE FALKIRK FOOTBALL COMMUNITY FOUNDATION→ SC384619 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 65y |
| CELLFIELD READING MATTERS UK LTD→ SC239953 · est 2002 | — | — | — | 300 | 23y | 82 | 65y |
| THE MEADOWS NURSERY SCHOOL LTD.→ SC242879 · est 2003 | — | — | £200.9k | — | 23y | 82 | 68y |
| THE SCOTTISH PAINTING AND DECORATING APPRENTICESHIP COUNCIL→ SC375654 · est 2010 | — | — | — | 0 | 16y | 81 | 85y |
| UCSS LIMITED→ SC376269 · est 2010 · no financials extracted | — | — | — | — | 16y | 81 | 58y |
| ADVENTURE EMERGENCY CARE LIMITED→ SC161395 · est 1995 | — | — | £10 | — | 30y | 80 | 62y |
| ARTLINK CENTRAL LIMITED→ SC109852 · est 1988 | — | — | — | 7 | 38y | 80 | 74y |
| DOLLAR NURSERY HOLDINGS LTD→ SC424591 · est 2012 | — | — | — | — | 14y | 80 | 62y |
| DOLLAR NURSERY SCHOOL LTD→ SC270966 · est 2004 | — | — | — | 2600 | 21y | 80 | 62y |
| INDEPENDENT TRAINING SOLUTIONS LIMITED→ SC256315 · est 2003 | — | — | — | 400 | 22y | 80 | 65y |
| LRN2DRIVE LTD→ SC322660 · est 2007 | — | — | — | — | 19y | 80 | 74y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2006-05-04
Jurisdictionscotland
Primary SIC8514 — SIC 8514
Registered office
2 Melville Street
Falkirk
FK1 1HZ
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2007-05-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
Active
BATES, Donald→
Activedirector · ~73y · appointed 2006-05-08
View their other companies + combined net worth →
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2006-05-04 · resigned 2006-05-08
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-director · appointed 2006-05-04 · resigned 2006-05-08
Click a director name to see their full track record across all companies.
Recent filings (23 total)
gazette-dissolved-compulsary
gazette · GAZ2
2014-05-16
gazette-notice-voluntary
gazette · GAZ1(A)
2014-01-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2013-07-04
gazette-notice-voluntary
gazette · GAZ1(A)
2013-05-03
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-09-07
gazette-notice-voluntary
gazette · GAZ1(A)
2011-08-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-01-15
gazette-notice-compulsary
gazette · GAZ1
2010-11-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2009-12-31
gazette-notice-compulsary
gazette · GAZ1
2009-11-13
legacy
address · 287
2008-10-28
legacy
annual-return · 363a
2008-10-28
accounts-with-accounts-type-dormant
accounts · AA
2008-01-22
legacy
annual-return · 363s
2007-06-11
legacy
address · 287
2006-06-02