CINCHONA LIMITED

⚰️Wound downdissolved
SC325430 · ltd · incorporated 2007-06-13
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
58/100
Worth a look
🔔
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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 58/100 (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 (58/100).

Data confidence

Overall: low (47/100)

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 (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
60
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 (27 events)Click to expand
  1. 2011-03-11
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-03-11
    🏁
    Company dissolved
  3. 2010-11-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2010-11-08
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2010-07-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2010-03-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2009-07-03
    📄
    legacy
    annual-return · 363a
  8. 2009-04-16
    📍
    legacy
    address · 287
  9. 2009-04-15
    📄
    accounts-with-made-up-date
    accounts · AA
  10. 2009-02-05
    📄
    legacy
    officers · 288b
  11. 2009-02-05
    📄
    legacy
    officers · 288c
  12. 2008-12-05
    MD SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  13. 2008-11-27
    📄
    legacy
    officers · 288a
  14. 2008-11-27
    📄
    legacy
    officers · 288b
  15. 2008-11-27
    📄
    legacy
    capital · 88(2)
  16. 2008-11-20
    📄
    legacy
    annual-return · 363a
  17. 2008-11-01
    BALLANTYNE, Craig appointed
    director
  18. 2008-11-01
    HENDRY, Graham resigned
    director
  19. 2007-09-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  20. 2007-09-03
    📄
    legacy
    officers · 288b
  21. 2007-09-03
    📄
    legacy
    officers · 288a
  22. 2007-08-09
    HENDRY, Graham appointed
    director
  23. 2007-08-09
    MD DIRECTORS LIMITED resigned
    corporate-nominee-director
  24. 2007-06-13
    🏢
    Company incorporated
    As CINCHONA LIMITED
  25. 2007-06-13
    MD SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  26. 2007-06-13
    MD DIRECTORS LIMITED appointed
    corporate-nominee-director
  27. 2007-06-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

85/100
Critical — business is the founder

The 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 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 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 2011-03-11

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

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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
Incorporated2007-06-13
Jurisdictionscotland
Primary SIC7487 — SIC 7487

Registered office

HENDERSON LOGGIE
90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due:
Last made up to: 2009-06-30
Confirmation statement
Next due:
Last:

Officers (0 active · 3 resigned)

BALLANTYNE, Craig
director · ~57y · appointed 2008-11-01
View their other companies + combined net worth →
Active
MD SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2007-06-13 · resigned 2008-12-05
Resigned
HENDRY, Graham
director · ~56y · appointed 2007-08-09 · resigned 2008-11-01
Resigned
MD DIRECTORS LIMITED
corporate-nominee-director · appointed 2007-06-13 · resigned 2007-08-09
Resigned

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

Recent filings (18 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-03-11
gazette-notice-voluntary
gazette · GAZ1(A)
2010-11-19
dissolution-application-strike-off-company
dissolution · DS01
2010-11-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-05
accounts-with-accounts-type-dormant
accounts · AA
2010-03-26
legacy
annual-return · 363a
2009-07-03
legacy
address · 287
2009-04-16
accounts-with-made-up-date
accounts · AA
2009-04-15
legacy
officers · 288b
2009-02-05
legacy
officers · 288c
2009-02-05
legacy
officers · 288a
2008-11-27
legacy
officers · 288b
2008-11-27
legacy
capital · 88(2)
2008-11-27
legacy
annual-return · 363a
2008-11-20
certificate-change-of-name-company
change-of-name · CERTNM
2007-09-03