VIKARE DEVELOPMENTS LIMITED
⚰️Wound downdissolved
SC373925 · ltd · incorporated 2010-03-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒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. Strong seller-intent signal (78/100, director aged 66). 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 (52/100)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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
18 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 (26 events)Click to expand
- 2014-05-30📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-05-30🏁Company dissolved
- 2014-02-07📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-01-29📄dissolution-application-strike-off-companydissolution · DS01
- 2013-12-13📄gazette-notice-compulsarygazette · GAZ1
- 2013-06-04📄termination-secretary-company-with-nameofficers · TM02
- 2013-06-04📄termination-director-company-with-nameofficers · TM01
- 2013-06-04📄appoint-person-director-company-with-nameofficers · AP01
- 2013-06-04📄appoint-person-director-company-with-nameofficers · AP01
- 2013-05-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2013-04-05📄gazette-notice-compulsarygazette · GAZ1
- 2012-05-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-05-15📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2011-11-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-06-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-10📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-31➕CARMICHAEL, Steven William appointeddirector
- 2010-03-31➕MCALLISTER, James Neil appointeddirector
- 2010-03-31➖HBJG SECRETARIAL LIMITED resignedcorporate-secretary
- 2010-03-31➖ALMOND, Deborah Jane resigneddirector
- 2010-03-30✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2010-03-30📄resolutionresolution · RESOLUTIONS
- 2010-03-01🏢Company incorporatedAs VIKARE DEVELOPMENTS LIMITED
- 2010-03-01➕HBJG SECRETARIAL LIMITED appointedcorporate-secretary
- 2010-03-01➕ALMOND, Deborah Jane appointeddirector
- 2010-03-01📄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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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 2014-05-30
🔒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 →Similar companies
Active · Holding company · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE TUITEAM COMPANY LIMITED→ SC189123 · est 1998 | £1.27M £1.08M–£1.46M | — | £1.27M | — | 27y | 83 | 85y |
| GLENDINNING ASSETS LIMITED→ SC185169 · est 1998 | £898.3k £763.5k–£1.03M | — | £898.3k | — | 28y | 82 | 69y |
| MDW SCOTLAND LTD→ SC206317 · est 2000 | £395.2k £335.9k–£454.5k | — | £395.2k | — | 26y | 82 | 76y |
| PWP HOLDINGS LIMITED→ SC177994 · est 1997 | £179.2k £152.3k–£206.1k | — | £179.2k | — | 28y | 82 | 67y |
| D.C. AGRICULTURAL HOLDINGS LIMITED→ SC215245 · est 2001 | £13.2k £11.2k–£15.2k | — | £13.2k | — | 25y | 82 | 71y |
| HISTORIC LOTHIAN PROTECTION & DEVELOPMENT LIMITED→ SC231712 · est 2002 | £9.4k £8.0k–£10.8k | — | £9.4k | — | 24y | 82 | 73y |
| CRAIGLEITH ELECTRONICS LIMITED→ SC162758 · est 1996 | £6.1k £5.2k–£7.0k | — | £6.1k | — | 30y | 82 | 71y |
| HOT SPRING PORTABLE SPAS (SCOTLAND) LIMITED→ SC148582 · est 1994 | £3.0k £2.6k–£3.5k | — | £3.0k | — | 32y | 82 | 65y |
| CP WAREHOUSING LIMITED→ SC247121 · est 2003 | £2.4k £2.0k–£2.7k | — | £2.4k | — | 23y | 83 | 79y |
| MURRAY CAPITAL GROUP LIMITED→ SC375630 · est 2010 | £1.0k £850–£1.1k | — | £1.0k | — | 16y | 82 | 75y |
| BALFOUR & MANSON PROPERTY LTD.→ SC041493 · est 1964 | £401 £341–£461 | — | £401 | — | 61y | 82 | 66y |
| BLACKCRAIG WINDFARM HOLDINGS LIMITED→ SC502633 · est 2015 | — | — | — | 0 | 11y | 89 | 44y |
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
Incorporated2010-03-01
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Exchange Tower
19 Canning Street
Edinburgh
Midlothian
EH3 8EH
Filing status
Accounts
Next due: —
Last made up to: 2011-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
CARMICHAEL, Steven William→
Activedirector · ~52y · appointed 2010-03-31
View their other companies + combined net worth →
MCALLISTER, James Neil→
Activedirector · ~66y · appointed 2010-03-31
View their other companies + combined net worth →
HBJG SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2010-03-01 · resigned 2010-03-31
ALMOND, Deborah Jane→
Resigneddirector · ~61y · appointed 2010-03-01 · resigned 2010-03-31
Click a director name to see their full track record across all companies.
Recent filings (18 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-05-30
gazette-notice-voluntary
gazette · GAZ1(A)
2014-02-07
dissolution-application-strike-off-company
dissolution · DS01
2014-01-29
gazette-notice-compulsary
gazette · GAZ1
2013-12-13
termination-secretary-company-with-name
officers · TM02
2013-06-04
termination-director-company-with-name
officers · TM01
2013-06-04
appoint-person-director-company-with-name
officers · AP01
2013-06-04
appoint-person-director-company-with-name
officers · AP01
2013-06-04
gazette-filings-brought-up-to-date
gazette · DISS40
2013-05-18
gazette-notice-compulsary
gazette · GAZ1
2013-04-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-15
change-corporate-secretary-company-with-change-date
officers · CH04
2012-05-15
accounts-with-accounts-type-dormant
accounts · AA
2011-11-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-10
change-person-director-company-with-change-date
officers · CH01
2011-06-10