DIGITAL I.T. AND COMMUNICATIONS (SCOTLAND) LIMITED
Opportunity 48/100 (watch), bankability 42/100. Strong seller-intent signal (68/100, director aged 69). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
Refinance opportunity
3 live charges · 3 lenders · oldest 10.7y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 10.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (44 events)Click to expand
- 2023-01-20⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2023-01-20🏁Company dissolved
- 2022-10-20⚠️liquidation-compulsory-return-final-meeting-court-scotlandinsolvency · WU15(Scot)
- 2018-07-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-09⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2018-07-09⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2018-06-18⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2018-06-05📄resolutionresolution · RESOLUTIONS
- 2018-05-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-05-14🔒Charge registered #3Lender: Coralinn LLP
- 2018-05-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-05-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-04-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-04-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-04-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-04-11🔓Charge satisfied #2
- 2018-04-11🔓Charge satisfied #1
- 2018-03-30➖STEWART, John resigneddirector
- 2018-03-30➖WILSON, Michael John resigneddirector
- 2018-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-03-17🔒Charge registered #2Lender: Igf Invoice Finance Limited
- 2017-01-19📄resolutionresolution · RESOLUTIONS
- 2017-01-16📄capital-allotment-sharescapital · SH01
- 2017-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-01-13➕STEWART, Hugh appointeddirector
- 2017-01-13➕WARDLAW, John Robert appointeddirector
- 2017-01-13➕STEWART, John appointeddirector
- 2016-07-31➖MEECHAN, Michael George resigneddirector
- 2015-09-01🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2015-05-11➕MEECHAN, Michael George appointeddirector
- 2014-04-29➖HAWKES, Bill resignedsecretary
- 2014-04-29➖MCENANEY, Alex resigneddirector
- 2013-12-01➕ARMSTRONG, Craig appointeddirector
- 2013-12-01➕MCDONALD, Thomas appointeddirector
- 2008-03-11🏢Company incorporatedAs DIGITAL I.T. AND COMMUNICATIONS (SCOTLAND) LIMITED
- 2008-03-11➕HAWKES, Bill appointedsecretary
- 2008-03-11➕MCENANEY, Alex appointeddirector
- 2008-03-11➕WILSON, Michael John appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 12 years.
- secondaryStable-but-static management: Company is 18 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
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-01-20
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-01-20: gazette-dissolved-liquidation; 2022-10-20: liquidation-compulsory-return-final-meeting-court-scotland
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Coralinn Llp holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Coralinn Llp Corporate entity | 25–50% | — | 25-50% shares | 13/03/2017 |
Mr John Stewart Individual · British · DOB 06/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/02/2017 |
Mr Hugh Stewart Individual · British · DOB 04/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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10 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 →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
Registered office
Filing status
Officers (0 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Coralinn Coralinn LLP | A registered charge | 1 property | 14/05/2018 | — | |
| satisfied | Igf Invoice Finance Igf Invoice Finance Limited | A registered charge | — | 17/03/2017 | 11/04/2018 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | — | 01/09/2015 | 11/04/2018 |