IT JUST WORKS.CO.UK LIMITED

⚰️Wound downdissolved
SC318931 · ltd · incorporated 2007-03-19
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.
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
59/100
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 59/100 (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: strategic trade sale (63/100).

Data confidence

Overall: low (52/100)

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, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
65
Some acquirability indicators.
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 (34 events)Click to expand
  1. 2015-09-04
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-09-04
    🏁
    Company dissolved
  3. 2015-05-15
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2015-04-24
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2015-03-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2015-02-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2014-03-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2014-03-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2013-03-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2012-07-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2012-03-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2011-08-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2011-03-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2011-03-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2010-03-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-03-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2010-03-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2009-03-20
    📄
    legacy
    annual-return · 363a
  19. 2009-01-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2008-03-27
    📄
    legacy
    annual-return · 363a
  21. 2007-05-16
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  22. 2007-05-16
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2007-05-16
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2007-05-16
    📄
    resolution
    resolution · RESOLUTIONS
  25. 2007-05-16
    📄
    legacy
    officers · 288a
  26. 2007-05-16
    📄
    legacy
    officers · 288b
  27. 2007-05-08
    ➕
    ADAM, Sheryar appointed
    secretary
  28. 2007-05-08
    ➕
    ADAM, Sheryar appointed
    director
  29. 2007-05-08
    ➕
    OKHAI, Yusuf Ibrahim appointed
    director
  30. 2007-05-08
    ➖
    THORNTONS LAW LLP resigned
    corporate-secretary
  31. 2007-05-08
    ➖
    HUTCHESON, Iain Henderson resigned
    director
  32. 2007-03-19
    🏢
    Company incorporated
    As IT JUST WORKS.CO.UK LIMITED
  33. 2007-03-19
    ➕
    THORNTONS LAW LLP appointed
    corporate-secretary
  34. 2007-03-19
    ➕
    HUTCHESON, Iain Henderson appointed
    director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 2015-09-04

🔒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

7 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
Incorporated2007-03-19
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Block 31
Dunsinane Avenue
Dunsinane Estate
Dundee
DD2 3QF

Filing status

Accounts
Next due: —
Last made up to: 2014-06-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

ADAM, Sheryar→
secretary · appointed 2007-05-08
View their other companies + combined net worth →
Active
ADAM, Sheryar→
director · ~48y · appointed 2007-05-08
View their other companies + combined net worth →
Active
OKHAI, Yusuf Ibrahim→
director · ~56y · appointed 2007-05-08
View their other companies + combined net worth →
Active
THORNTONS LAW LLP→
corporate-secretary · appointed 2007-03-19 · resigned 2007-05-08
Resigned
HUTCHESON, Iain Henderson→
director · ~64y · appointed 2007-03-19 · resigned 2007-05-08
Resigned

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

Recent filings (32 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-09-04
gazette-notice-voluntary
gazette · GAZ1(A)
2015-05-15
dissolution-application-strike-off-company
dissolution · DS01
2015-04-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-19
accounts-with-accounts-type-dormant
accounts · AA
2015-02-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-19
accounts-with-accounts-type-dormant
accounts · AA
2014-03-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-19
accounts-with-accounts-type-dormant
accounts · AA
2012-07-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-03-20
accounts-with-accounts-type-dormant
accounts · AA
2011-08-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-25
accounts-with-accounts-type-dormant
accounts · AA
2011-03-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-03-23
change-person-director-company-with-change-date
officers · CH01
2010-03-22