EXCHANGELAW (470) LIMITED

⚰️Wound downdissolved
SC379221 · ltd · incorporated 2010-05-26
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
59/100
Worth a look
🔔
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What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (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: strategic trade sale (63/100).

Data confidence

Overall: low (48/100)

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
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
65
Some acquirability indicators.
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 (20 events)Click to expand
  1. 2013-01-18
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2013-01-18
    🏁
    Company dissolved
  3. 2012-09-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2012-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  5. 2011-08-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2011-01-05
    📄
    appoint-person-director-company-with-name
    officers · AP01
  7. 2011-01-01
    DAYE, Andrew Peter, Mr. appointed
    director
  8. 2010-11-10
    📄
    capital-allotment-shares
    capital · SH01
  9. 2010-11-10
    📄
    appoint-person-director-company-with-name
    officers · AP01
  10. 2010-11-10
    📄
    termination-director-company-with-name
    officers · TM01
  11. 2010-11-10
    📄
    termination-director-company-with-name
    officers · TM01
  12. 2010-11-10
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  13. 2010-10-29
    WISHART, Neil Innes appointed
    director
  14. 2010-10-29
    BEVERIDGE, David Brannigan resigned
    director
  15. 2010-10-29
    SHELF DIRECTOR LIMITED resigned
    corporate-director
  16. 2010-05-26
    🏢
    Company incorporated
    As EXCHANGELAW (470) LIMITED
  17. 2010-05-26
    SHELF SECRETARY LIMITED appointed
    corporate-secretary
  18. 2010-05-26
    BEVERIDGE, David Brannigan appointed
    director
  19. 2010-05-26
    SHELF DIRECTOR LIMITED appointed
    corporate-director
  20. 2010-05-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +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.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • 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
high

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

Evidence: Dissolved on 2013-01-18

🔒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 →
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7 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
Incorporated2010-05-26
Jurisdictionscotland
Primary SIC7487 — SIC 7487

Registered office

James Watt Building
Scottish Enterprise Technology Park
East Kilbride
G75 0QD

Filing status

Accounts
Next due:
Last made up to: 2011-05-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

SHELF SECRETARY LIMITED
corporate-secretary · appointed 2010-05-26
View their other companies + combined net worth →
Active
DAYE, Andrew Peter, Mr.
director · ~45y · appointed 2011-01-01
View their other companies + combined net worth →
Active
WISHART, Neil Innes
director · ~53y · appointed 2010-10-29
View their other companies + combined net worth →
Active
BEVERIDGE, David Brannigan
director · ~52y · appointed 2010-05-26 · resigned 2010-10-29
Resigned
SHELF DIRECTOR LIMITED
corporate-director · appointed 2010-05-26 · resigned 2010-10-29
Resigned

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

Recent filings (11 total)

gazette-dissolved-compulsory
gazette · GAZ2
2013-01-18
gazette-notice-compulsory
gazette · GAZ1
2012-09-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-03-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-03
appoint-person-director-company-with-name
officers · AP01
2011-01-05
capital-allotment-shares
capital · SH01
2010-11-10
appoint-person-director-company-with-name
officers · AP01
2010-11-10
termination-director-company-with-name
officers · TM01
2010-11-10
termination-director-company-with-name
officers · TM01
2010-11-10
change-registered-office-address-company-with-date-old-address
address · AD01
2010-11-10
incorporation-company
incorporation · NEWINC
2010-05-26