EXACTIVE ONLINE LIMITED

⚰️Wound downdissolved
SC377506 · ltd · incorporated 2010-04-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
45/100
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (55/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
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 (34 events)Click to expand
  1. 2023-11-16
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2023-11-16
    🏁
    Company dissolved
  3. 2023-08-16
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting-scotland
    insolvency · LIQ13(Scot)
  4. 2023-05-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-03-31
    GODDARD, Malcolm Charles resigned
    director
  6. 2022-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-12-15
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2022-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-07-04
    TAYLOR, Andrew George resigned
    director
  11. 2021-05-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2020-07-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2020-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2020-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-02-28
    BELSHAW, Andrew Scott James appointed
    director
  21. 2020-02-28
    GODDARD, Malcolm Charles appointed
    director
  22. 2020-02-28
    HUTCHISON, Robert resigned
    director
  23. 2020-02-28
    MILLAR, Scott resigned
    director
  24. 2020-02-28
    TAYLOR, Andrew George appointed
    director
  25. 2019-12-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  26. 2019-12-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  27. 2019-05-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2018-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2018-08-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  30. 2014-10-31
    ARBUTHNOTT, Craig Richard resigned
    director
  31. 2010-04-26
    🏢
    Company incorporated
    As EXACTIVE ONLINE LIMITED
  32. 2010-04-26
    ARBUTHNOTT, Craig Richard appointed
    director
  33. 2010-04-26
    HUTCHISON, Robert appointed
    director
  34. 2010-04-26
    MILLAR, Scott appointed
    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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 2023-11-16

2 insolvency-related filings on record
high

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

Evidence: 2023-11-16: gazette-dissolved-liquidation; 2023-08-16: liquidation-voluntary-members-return-of-final-meeting-scotland

Group structure

Exactive Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Exactive Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
EXACTIVE ONLINE LIMITED
This company · SC377506

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Exactive Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Scott David Millarceased 06/04/2016· significant influence

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 →

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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 →
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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
Incorporated2010-04-26
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

Third Floor
2 Semple Street
Edinburgh
City Of Edinburgh
EH3 8BL

Filing status

Accounts
Next due:
Last made up to: 2021-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

BELSHAW, Andrew Scott James
director · ~52y · appointed 2020-02-28
View their other companies + combined net worth →
Active
ARBUTHNOTT, Craig Richard
director · ~49y · appointed 2010-04-26 · resigned 2014-10-31
Resigned
GODDARD, Malcolm Charles
director · ~70y · appointed 2020-02-28 · resigned 2023-03-31
Resigned
HUTCHISON, Robert
director · ~57y · appointed 2010-04-26 · resigned 2020-02-28
Resigned
MILLAR, Scott
director · ~51y · appointed 2010-04-26 · resigned 2020-02-28
Resigned
TAYLOR, Andrew George
director · ~58y · appointed 2020-02-28 · resigned 2022-07-04
Resigned

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

Recent filings (50 total)

gazette-dissolved-liquidation
gazette · GAZ2
2023-11-16
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2023-08-16
termination-director-company-with-name-termination-date
officers · TM01
2023-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-16
resolution
resolution · RESOLUTIONS
2022-12-15
accounts-with-accounts-type-dormant
accounts · AA
2022-10-25
termination-director-company-with-name-termination-date
officers · TM01
2022-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-dormant
accounts · AA
2021-05-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-12-09
accounts-with-accounts-type-dormant
accounts · AA
2020-07-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-10
termination-director-company-with-name-termination-date
officers · TM01
2020-04-28