ADMIN SYSTEMS LIMITED

⚰️Wound downdissolved

SC374915 · ltd · incorporated 2010-03-16

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

—

year to Jun 2021

Net worth

£3

book net assets

Opportunity

64/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other retail sale in non-specialised stores

Sector: Wholesale & retail

Investor take

Special-situation opportunity

Distressed retail with salvageable qualities — special-situations priority.

Opportunity 64/100 (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: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth 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

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £3

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£3

Current Assets

£2k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2021-06-30
Total assets	£3
Current assets	£1.6k
Debtors	£1.6k
Net assets	£3

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 (28 events)Click to expand

2023-04-04
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-04-04
🏁
Company dissolved
2023-01-17
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2023-01-10
📄
gazette-notice-compulsory
gazette · GAZ1
2023-01-06
📄
dissolution-application-strike-off-company
dissolution · DS01
2021-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2021-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-23
📄
change-person-director-company-with-change-date
officers · CH01
2018-04-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-11-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-04-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-13
📄
change-person-director-company-with-change-date
officers · CH01
2014-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-06-29
➕
CAVANA, Allan appointed
director
2010-03-16
🏢
Company incorporated
As ADMIN SYSTEMS LIMITED
2010-03-16
➕
ADAMS, David appointed
director
2010-03-16
➕
TAYLOR, Douglas Adamson appointed
director
2010-03-16
➕
BRIAN REID LTD. appointed
corporate-secretary
2010-03-16
➖
BRIAN REID LTD. resigned
corporate-secretary
2010-03-16
➕
MABBOTT, Stephen George appointed
director
2010-03-16
➖
MABBOTT, Stephen George resigned
director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 76 — 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 76 years old. Natural succession window is now.
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

high

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

Evidence: Dissolved on 2023-04-04

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Allan Cavana Individual · British · DOB 07/1950 · age 76	—	—	sig. influencesignificant influence	16/03/2017

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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APPLE HEALTHCARE EDINBURGH LTD→ SC339804 · est 2008	—	—	£478.1k	—	18y	83	58y
CAMERON INTERIORS LIMITED→ SC069523 · est 1979	—	—	£227.8k	—	46y	83	58y
CATHERINE'S OF PARTICK LIMITED→ SC099085 · est 1986	—	—	£1.48M	—	40y	83	78y
DUNCAN YACHT CHANDLERS LIMITED→ SC265044 · est 2004	—	—	—	500	22y	83	60y
HELENSBURGH FLOORPLAN (1983) LIMITED→ SC083345 · est 1983	—	—	—	14	42y	83	77y
HODGKINSON THE JEWELLERS LIMITED→ SC137641 · est 1992	—	—	£34.3k	—	34y	83	64y
HUNTER FURNISHINGS LIMITED→ SC295684 · est 2006	—	—	£846.0k	—	20y	83	84y
ITALIAN AROMA COFFEE LIMITED→ SC139395 · est 1992	—	—	—	11	33y	83	59y
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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.

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

Incorporated2010-03-16

Jurisdictionscotland

Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

Scottcourt House

West Princes Street

Helensburgh

Argyll & Bute

G84 8BP

Scotland

Filing status

Accounts

Next due: —

Last made up to: 2021-06-30

Confirmation statement

Next due: —

Last: —

Officers (0 active · 2 resigned)

ADAMS, David→

director · ~53y · appointed 2010-03-16

View their other companies + combined net worth →

Active

CAVANA, Allan→

director · ~76y · appointed 2010-06-29

View their other companies + combined net worth →

Active

TAYLOR, Douglas Adamson→

director · ~50y · appointed 2010-03-16

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2010-03-16 · resigned 2010-03-16

Resigned

MABBOTT, Stephen George→

director · ~76y · appointed 2010-03-16 · resigned 2010-03-16

Resigned

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

Recent filings (39 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2023-04-04

gazette-notice-voluntary

gazette · GAZ1(A)

2023-01-17

gazette-notice-compulsory

gazette · GAZ1

2023-01-10

dissolution-application-strike-off-company

dissolution · DS01

2023-01-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-12-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-22

change-account-reference-date-company-previous-extended

accounts · AA01

2021-12-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-03-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-11-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2019-10-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-04-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2018-12-28

change-person-director-company-with-change-date

officers · CH01

2018-10-23

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2018-04-12