MJC SAFETY LIMITED

⚰️Wound downdissolved
SC387826 · ltd · incorporated 2010-10-28
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
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (57/100)

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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
27 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 (29 events)Click to expand
  1. 2020-09-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2020-09-22
    🏁
    Company dissolved
  3. 2020-06-23
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2020-06-16
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2019-11-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2019-10-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2018-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2017-07-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2016-05-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2015-11-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2015-04-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2014-11-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2013-11-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-06-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-11-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-07-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2011-11-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2010-11-05
    📄
    capital-allotment-shares
    capital · SH01
  20. 2010-11-05
    📄
    appoint-person-director-company-with-name
    officers · AP01
  21. 2010-11-05
    📄
    appoint-person-director-company-with-name
    officers · AP01
  22. 2010-11-01
    📄
    termination-secretary-company-with-name
    officers · TM02
  23. 2010-10-28
    🏢
    Company incorporated
    As MJC SAFETY LIMITED
  24. 2010-10-28
    ➕
    COULL, Gillian Shirley appointed
    director
  25. 2010-10-28
    ➕
    COULL, Michael appointed
    director
  26. 2010-10-28
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  27. 2010-10-28
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  28. 2010-10-28
    ➕
    MABBOTT, Stephen George appointed
    director
  29. 2010-10-28
    ➖
    MABBOTT, Stephen George resigned
    director

Owner dependency

76/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 2020-09-22

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Michael Coull
Individual · British · DOB 02/1976 · age 50
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Gillian Shirley Coull
Individual · British · DOB 09/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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.

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
Incorporated2010-10-28
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

6 Blantyre Terrace
Buckie
AB56 1SJ

Filing status

Accounts
Next due: —
Last made up to: 2017-10-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

COULL, Gillian Shirley→
director · ~54y · appointed 2010-10-28
View their other companies + combined net worth →
Active
COULL, Michael→
director · ~50y · appointed 2010-10-28
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2010-10-28 · resigned 2010-10-28
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2010-10-28 · resigned 2010-10-28
Resigned

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

Recent filings (27 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-09-22
gazette-notice-voluntary
gazette · GAZ1(A)
2020-06-23
dissolution-application-strike-off-company
dissolution · DS01
2020-06-16
gazette-filings-brought-up-to-date
gazette · DISS40
2019-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-04
gazette-notice-compulsory
gazette · GAZ1
2019-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-05