KODI 2 LIMITED

⚰️Wound downdissolved
SC306312 · ltd · incorporated 2006-08-03
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
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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
8 officers (4 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
30 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
85
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 (39 events)Click to expand
  1. 2012-12-14
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-12-14
    🏁
    Company dissolved
  3. 2012-08-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  4. 2012-08-24
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  5. 2012-08-10
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2012-06-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2011-12-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2011-12-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2011-10-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2011-06-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2010-09-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2010-08-16
    📄
    appoint-person-director-company-with-name
    officers · AP01
  13. 2010-08-16
    📄
    appoint-person-director-company-with-name
    officers · AP01
  14. 2010-08-16
    📄
    appoint-person-director-company-with-name
    officers · AP01
  15. 2010-08-16
    📄
    termination-director-company-with-name
    officers · TM01
  16. 2010-08-16
    📄
    termination-director-company-with-name
    officers · TM01
  17. 2010-08-16
    📄
    capital-allotment-shares
    capital · SH01
  18. 2010-08-03
    COTTRILL, Carol Linda appointed
    director
  19. 2010-08-03
    ELLIOT, John Johnstone appointed
    director
  20. 2010-08-03
    NEEDHAM, Douglas Wilson appointed
    director
  21. 2010-08-03
    STEVENSON, Andrew Alan resigned
    director
  22. 2010-08-03
    STEVENSON, David Deas resigned
    director
  23. 2009-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2009-08-19
    📄
    legacy
    annual-return · 363a
  25. 2009-07-02
    📄
    accounts-with-made-up-date
    accounts · AA
  26. 2008-12-19
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  27. 2008-08-29
    📄
    legacy
    annual-return · 363a
  28. 2008-05-30
    📄
    accounts-with-made-up-date
    accounts · AA
  29. 2007-09-03
    📄
    legacy
    annual-return · 363a
  30. 2006-09-11
    📄
    legacy
    officers · 288a
  31. 2006-09-11
    📄
    legacy
    officers · 288a
  32. 2006-08-03
    🏢
    Company incorporated
    As KODI 2 LIMITED
  33. 2006-08-03
    NEEDHAM, Douglas Wilson appointed
    secretary
  34. 2006-08-03
    CHARLOTTE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  35. 2006-08-03
    CHARLOTTE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  36. 2006-08-03
    MEIKLEJOHN, Iain Maury Campbell appointed
    nominee-director
  37. 2006-08-03
    MEIKLEJOHN, Iain Maury Campbell resigned
    nominee-director
  38. 2006-08-03
    STEVENSON, Andrew Alan appointed
    director
  39. 2006-08-03
    STEVENSON, David Deas appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • 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
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2012-12-14

🔒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 →

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2006-08-03
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Ashley Bank House
Langholm
Dumfriesshire
DG13 0AN

Filing status

Accounts
Next due:
Last made up to: 2011-08-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

NEEDHAM, Douglas Wilson
secretary · appointed 2006-08-03
View their other companies + combined net worth →
Active
COTTRILL, Carol Linda
director · ~52y · appointed 2010-08-03
View their other companies + combined net worth →
Active
ELLIOT, John Johnstone
director · ~79y · appointed 2010-08-03
View their other companies + combined net worth →
Active
NEEDHAM, Douglas Wilson
director · ~78y · appointed 2010-08-03
View their other companies + combined net worth →
Active
CHARLOTTE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2006-08-03 · resigned 2006-08-03
Resigned
MEIKLEJOHN, Iain Maury Campbell
nominee-director · ~72y · appointed 2006-08-03 · resigned 2006-08-03
Resigned
STEVENSON, Andrew Alan
director · ~79y · appointed 2006-08-03 · resigned 2010-08-03
Resigned
STEVENSON, David Deas
director · ~85y · appointed 2006-08-03 · resigned 2010-08-03
Resigned

Click a director name to see their full track record across all companies.

Recent filings (30 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-12-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-08-31
gazette-notice-voluntary
gazette · GAZ1(A)
2012-08-24
dissolution-application-strike-off-company
dissolution · DS01
2012-08-10
accounts-with-accounts-type-dormant
accounts · AA
2012-06-06
change-person-secretary-company-with-change-date
officers · CH03
2011-12-14
change-person-director-company-with-change-date
officers · CH01
2011-12-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-10-07
accounts-with-accounts-type-dormant
accounts · AA
2011-06-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-16
appoint-person-director-company-with-name
officers · AP01
2010-08-16
appoint-person-director-company-with-name
officers · AP01
2010-08-16
appoint-person-director-company-with-name
officers · AP01
2010-08-16
termination-director-company-with-name
officers · TM01
2010-08-16
termination-director-company-with-name
officers · TM01
2010-08-16