THINK HAPPY LIMITED
⚰️Wound downdissolved
SC349620 · ltd · incorporated 2008-10-07
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
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 63/100 (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
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
23 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 (33 events)Click to expand
- 2015-02-20📄gazette-dissolved-compulsorygazette · GAZ2
- 2015-02-20🏁Company dissolved
- 2014-10-31📄gazette-notice-compulsorygazette · GAZ1
- 2013-10-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-07📄accounts-with-made-up-dateaccounts · AA
- 2012-12-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-07-31📄accounts-with-made-up-dateaccounts · AA
- 2011-10-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-19📄accounts-with-made-up-dateaccounts · AA
- 2010-10-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-08-23📄change-person-director-company-with-change-dateofficers · CH01
- 2010-08-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-08-23📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-16📄accounts-with-made-up-dateaccounts · AA
- 2009-11-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-03-30📄legacyofficers · 288c
- 2008-12-02📄legacyofficers · 288a
- 2008-11-24📄legacyofficers · 288a
- 2008-11-20📄legacyofficers · 288b
- 2008-11-20📄legacyofficers · 288a
- 2008-11-20📄legacyofficers · 288b
- 2008-11-07➕MACKENZIE, Jeanette Alison Angus appointedsecretary
- 2008-11-07➕GLOAG, Ann Heron appointeddirector
- 2008-11-07➕MACKENZIE, Alan Grant appointeddirector
- 2008-11-07➕MACKENZIE, Jeanette Alison Angus appointeddirector
- 2008-11-07➖LC SECRETARIES LIMITED resignedcorporate-secretary
- 2008-11-07➖LEIPER, Pamela Summers resigneddirector
- 2008-11-05✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2008-10-07🏢Company incorporatedAs THINK HAPPY LIMITED
- 2008-10-07➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2008-10-07➕LEIPER, Pamela Summers appointeddirector
- 2008-10-07📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 18 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-02-20
🔒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 →Similar companies
Active · Holding company · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE RUTLAND (EDINBURGH) LIMITED→ SC247306 · est 2003 | £6.24M £5.31M–£7.18M | — | £6.24M | — | 23y | 82 | 77y |
| DIRECTIONAL DRILLING DYNAMICS LIMITED→ SC119569 · est 1989 | £662.1k £562.8k–£761.4k | — | £662.1k | — | 36y | 81 | 74y |
| ABERDEEN MOTOR TRAWLERS LIMITED→ SC031156 · est 1955 | £564.5k £479.8k–£649.1k | — | £564.5k | — | 70y | 80 | 77y |
| HERD HOLDINGS LIMITED→ SC254945 · est 2003 | £236.6k £201.1k–£272.1k | — | £236.6k | — | 22y | 82 | 78y |
| THE DON FISHING COMPANY (TRAWLING) LIMITED→ SC133042 · est 1991 | £172.7k £146.8k–£198.6k | — | £172.7k | — | 34y | 82 | 77y |
| CULLEN HOUSE GARDENS LIMITED→ SC089719 · est 1984 | £20.1k £17.1k–£23.1k | — | £20.1k | — | 41y | 81 | 86y |
| WOOD & DAVIDSON LIMITED→ SC004296 · est 1899 | £11.3k £9.6k–£12.9k | — | £11.3k | — | 126y | 82 | 77y |
| ABERDEEN NEAR WATER TRAWLERS LIMITED→ SC033276 · est 1958 | £11.2k £9.6k–£12.9k | — | £11.2k | — | 67y | 80 | 77y |
| LONDON SHETLAND SECURITIES LIMITED→ SC192120 · est 1998 | £5.6k £4.8k–£6.5k | — | £5.6k | — | 27y | 82 | 69y |
| DON FISHING COMPANY (FRASERBURGH) LIMITED (THE)→ SC092365 · est 1985 | £2.0k £1.7k–£2.3k | — | £2.0k | — | 41y | 82 | 77y |
| BANFFSHIRE FISHSELLING COMPANY LIMITED→ SC054512 · est 1973 | £2 £2–£2 | — | £2 | — | 52y | 82 | 77y |
| ABERDEEN INSHORE ENGINEERING LIMITED→ SC042022 · est 1965 | £2 £2–£2 | — | £2 | — | 61y | 80 | 77y |
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.
See pricing →Company details
Statusdissolved
Typeltd
Incorporated2008-10-07
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
Filing status
Accounts
Next due: —
Last made up to: 2012-10-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
MACKENZIE, Jeanette Alison Angus→
Activesecretary · appointed 2008-11-07
View their other companies + combined net worth →
GLOAG, Ann Heron→
Activedirector · ~84y · appointed 2008-11-07
View their other companies + combined net worth →
MACKENZIE, Alan Grant→
Activedirector · ~74y · appointed 2008-11-07
View their other companies + combined net worth →
MACKENZIE, Jeanette Alison Angus→
Activedirector · ~79y · appointed 2008-11-07
View their other companies + combined net worth →
LC SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2008-10-07 · resigned 2008-11-07
LEIPER, Pamela Summers→
Resigneddirector · ~64y · appointed 2008-10-07 · resigned 2008-11-07
Click a director name to see their full track record across all companies.
Recent filings (23 total)
gazette-dissolved-compulsory
gazette · GAZ2
2015-02-20
gazette-notice-compulsory
gazette · GAZ1
2014-10-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-10-18
accounts-with-made-up-date
accounts · AA
2013-10-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-12-05
accounts-with-made-up-date
accounts · AA
2012-07-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-10-21
accounts-with-made-up-date
accounts · AA
2011-07-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-10-14
change-person-director-company-with-change-date
officers · CH01
2010-09-16
change-person-director-company-with-change-date
officers · CH01
2010-08-23
change-person-secretary-company-with-change-date
officers · CH03
2010-08-23
change-person-director-company-with-change-date
officers · CH01
2010-08-23
accounts-with-made-up-date
accounts · AA
2010-06-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-13