SOURCE OF THE NILE LIMITED

⚰️Wound downdissolved
SC325431 · 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
63/100
Worth a look
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
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 65). 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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
34 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 (36 events)Click to expand
  1. 2017-05-30
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2017-05-30
    🏁
    Company dissolved
  3. 2017-03-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-03-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-03-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2016-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2016-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2015-06-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2015-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2014-06-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-02-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2013-06-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-02-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2013-02-14
    📄
    termination-secretary-company-with-name
    officers · TM02
  15. 2013-02-14
    📄
    termination-director-company-with-name
    officers · TM01
  16. 2012-08-13
    PORTER, Rachel Gardiner resigned
    secretary
  17. 2012-08-13
    PORTER, Rachel Gardiner resigned
    director
  18. 2012-06-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2012-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2011-07-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2010-11-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2010-07-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2010-07-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2010-07-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2009-12-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2009-07-24
    📄
    legacy
    annual-return · 363a
  27. 2009-07-24
    📄
    legacy
    officers · 288c
  28. 2009-07-24
    📄
    legacy
    officers · 288c
  29. 2007-09-17
    HUNTER, Ewan John appointed
    director
  30. 2007-09-17
    PORTER, Rachel Gardiner appointed
    secretary
  31. 2007-09-17
    MD SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  32. 2007-09-17
    PORTER, Rachel Gardiner appointed
    director
  33. 2007-09-17
    MD DIRECTORS LIMITED resigned
    corporate-nominee-director
  34. 2007-06-13
    🏢
    Company incorporated
    As SOURCE OF THE NILE LIMITED
  35. 2007-06-13
    MD SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  36. 2007-06-13
    MD DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 2017-05-30

🔒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

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.

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Company details

Statusdissolved
Typeltd
Incorporated2007-06-13
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Marathon House
Olympic Business Park
Drybridge Road, Dundonald
Ayrshire
KA2 9AE

Filing status

Accounts
Next due:
Last made up to: 2016-06-30
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

HUNTER, Ewan John
director · ~65y · appointed 2007-09-17
View their other companies + combined net worth →
Active
PORTER, Rachel Gardiner
secretary · appointed 2007-09-17 · resigned 2012-08-13
Resigned
MD SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2007-06-13 · resigned 2007-09-17
Resigned
PORTER, Rachel Gardiner
director · ~50y · appointed 2007-09-17 · resigned 2012-08-13
Resigned
MD DIRECTORS LIMITED
corporate-nominee-director · appointed 2007-06-13 · resigned 2007-09-17
Resigned

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

Recent filings (34 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-05-30
gazette-notice-voluntary
gazette · GAZ1(A)
2017-03-14
dissolution-application-strike-off-company
dissolution · DS01
2017-03-06
accounts-with-accounts-type-dormant
accounts · AA
2017-03-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-20
accounts-with-accounts-type-dormant
accounts · AA
2016-03-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-15
accounts-with-accounts-type-dormant
accounts · AA
2015-03-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-16
accounts-with-accounts-type-dormant
accounts · AA
2014-02-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-06-14
accounts-with-accounts-type-dormant
accounts · AA
2013-02-20
termination-secretary-company-with-name
officers · TM02
2013-02-14
termination-director-company-with-name
officers · TM01
2013-02-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-26