IT SOURCING SOLUTIONS LIMITED

⚰️Wound downdissolved
SC350630 · ltd · incorporated 2008-10-31
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: SIC 5184
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 7133SIC 7133
  • 7222SIC 7222
  • 7414SIC 7414
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 (65/100, director aged 58). 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, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
11 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 (15 events)Click to expand
  1. 2011-07-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-07-22
    🏁
    Company dissolved
  3. 2011-04-01
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-03-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2010-12-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2010-11-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2010-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2009-12-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2009-11-02
    📍
    change-sail-address-company
    address · AD02
  10. 2009-10-31
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2009-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2008-10-31
    🏢
    Company incorporated
    As IT SOURCING SOLUTIONS LIMITED
  13. 2008-10-31
    MODUPE-JOSEPH, Patricia Omoye appointed
    secretary
  14. 2008-10-31
    MODUPE-JOSEPH, Joseph Oke appointed
    director
  15. 2008-10-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

98/100
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 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2011-07-22

🔒Co-director network graph

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

Available from the Pro tier upwards.

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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.

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🔒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
Incorporated2008-10-31
Jurisdictionscotland
Primary SIC5184 — SIC 5184

Registered office

89 Howes Drive
Heathryfold West
Aberdeen
AB16 7FH

Filing status

Accounts
Next due:
Last made up to: 2010-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

MODUPE-JOSEPH, Patricia Omoye
secretary · appointed 2008-10-31
View their other companies + combined net worth →
Active
MODUPE-JOSEPH, Joseph Oke
director · ~58y · appointed 2008-10-31
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-07-22
gazette-notice-voluntary
gazette · GAZ1(A)
2011-04-01
dissolution-application-strike-off-company
dissolution · DS01
2011-03-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-12-20
accounts-with-accounts-type-dormant
accounts · AA
2010-11-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-12-20
change-sail-address-company
address · AD02
2009-11-02
change-person-secretary-company-with-change-date
officers · CH03
2009-10-31
change-person-director-company-with-change-date
officers · CH01
2009-10-31
incorporation-company
incorporation · NEWINC
2008-10-31