PROPHET TITANIUM NO.1 LTD

⚰️Wound downdissolved

SC367547 · ltd · incorporated 2009-10-27

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 15.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2016

Net worth

—

book net assets

Opportunity

54/100

Worth a look

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What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (30/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 15.1y

55/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 15.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 50/100 (high).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

30 officers (22 active, 30 linked, 27 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

7 connected companies via shared directors

Filing history

92 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

54/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · UK GAAP

Strong liquidity

Current ratio 14.20 — comfortable headroom

Current ratio

14.20

Liquidity — >1 is healthy

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

£1.4m

↓ 9.7% YoY

Current Liabilities

£101k

↓ 1.9% YoY

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · UK GAAP

Metric	2016-05-31	2015-05-31
Total assets	£1.34M	£1.49M
Current assets	£1.44M	£1.59M
Debtors	£1.43M	£1.58M
Current liabilities	£101.2k	£103.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (64 events)Click to expand

2019-03-27
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2019-03-27
🏁
Company dissolved
2018-12-27
⚠️
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2017-12-22
📄
resolution
resolution · RESOLUTIONS
2017-12-08
📄
appoint-person-director-company-with-name
officers · AP01
2017-10-19
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2017-10-19
📄
resolution
resolution · RESOLUTIONS
2017-02-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-02-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-10-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-06-01
➕
MILNE, Blair James appointed
director
2016-02-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-05
➕
PRYCE, Mark Andrew appointed
director
2016-01-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-01-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-01-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-01-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-01-05
📄
change-person-director-company-with-change-date
officers · CH01
2015-06-01
➕
COYLE, Craig John appointed
director
2015-05-31
➖
FAICHNIE, Tom Anderson resigned
director
2015-02-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-09
➕
MACLENNAN, Murdoch appointed
director
2015-01-05
➕
CUNNING, John Graham appointed
director
2014-11-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2014-11-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2014-02-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-12-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-20
📄
termination-director-company-with-name
officers · TM01
2013-12-01
➕
CRAIG, Ian Robert appointed
director
2013-12-01
➕
MCKNIGHT, Greig William appointed
director
2013-04-19
➖
MACPHERSON, Dugald resigned
director
2011-07-22
➕
TAYLOR, Alan Wilson appointed
secretary
2011-07-22
➖
GOULDING, Simon Mark resigned
secretary
2011-05-31
➖
BUCHANAN, Neilina Mary resigned
director
2011-05-31
➖
DALLAS, Robert Munro resigned
director
2011-05-13
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2011-04-08
➖
WILSON, Bruce Gillespie resigned
director
2010-09-01
➕
FAICHNIE, Tom Anderson appointed
director
2010-06-01
➕
DONNELLY, Veronica Collette appointed
director
2010-02-24
➕
BOYD, Donald James appointed
director
2010-02-24
➕
CAMPBELL, Fraser William James appointed
director
2010-02-24
➕
FORSYTH, Derek Murray Law appointed
director
2010-02-24
➕
GALLANAGH, Peter appointed
director
2010-02-24
➕
GATES, Aileen appointed
director
2010-02-24
➕
HOGG, Robert Gordon appointed
director
2010-02-24
➕
HUNTER, David Kelso appointed
director
2010-02-24
➕
MORRISON, Neil John appointed
director
2010-02-24
➕
PATTERSON, Richard Matthew appointed
director

Showing most recent 50 of 64 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-21 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

83/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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 ·

Company dissolved

high

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

Evidence: Dissolved on 2019-03-27

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-03-27: gazette-dissolved-liquidation; 2018-12-27: liquidation-voluntary-return-of-final-meeting-scotland

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Edward Williams Individual · British · DOB 06/1955 · age 71	—	—	sig. influencesignificant influence	06/04/2016
Mr Christopher Neil Horne Individual · British · DOB 05/1971 · age 55	—	—	sig. influencesignificant influence	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
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POD SUBSEA CONTRACTORS LIMITED→ SC666683 · est 2020	£6.8k £5.0k–£8.6k	£4.2k	—	100	5y	86	58y
FORBES LESLIE NETWORK LIMITED→ SC148828 · est 1994	—	—	—	14	32y	83	62y
HEBRIDEAN WHALE AND DOLPHIN TRUST LIMITED→ SC172338 · est 1997 · no financials extracted	—	—	—	—	29y	83	79y
MACFARLANE YOUNG LIMITED→ SC332280 · est 2007	—	—	£146.8k	—	18y	83	62y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated2009-10-27

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Titanium 1 Kings Inch Place

Renfrew

Renfrewshire

PA4 8WF

Filing status

Accounts

Next due: —

Last made up to: 2016-05-31

Confirmation statement

Next due: —

Last: —