GREENHORN LIMITED

⚰️Wound downdissolved
SC390468 · ltd · incorporated 2010-12-16
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
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (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 (55/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
60
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 (24 events)Click to expand
  1. 2018-06-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-06-05
    🏁
    Company dissolved
  3. 2018-03-20
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-03-14
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-09-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2016-09-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2015-12-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2015-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2015-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2015-01-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-09-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2013-12-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-09-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2012-12-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-05-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-12-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-01-06
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  18. 2010-12-29
    📄
    appoint-person-director-company-with-name
    officers · AP01
  19. 2010-12-27
    📄
    termination-director-company-with-name
    officers · TM01
  20. 2010-12-17
    ➕
    SINCLAIR, John Strachan appointed
    director
  21. 2010-12-17
    ➖
    MARR, Alistair Edmund resigned
    director
  22. 2010-12-16
    🏢
    Company incorporated
    As GREENHORN LIMITED
  23. 2010-12-16
    ➕
    MARR, Alistair Edmund appointed
    director
  24. 2010-12-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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 2018-06-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Strachan Sinclair
Individual · Uk · DOB 11/1972 · age 54
75–100%
—75-100% shares01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusdissolved
Typeltd
Incorporated2010-12-16
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

23 Woodvale Avenue
Giffnock
Glasgow
G46 6RG

Filing status

Accounts
Next due: —
Last made up to: 2016-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 1 resigned)

SINCLAIR, John Strachan→
director · ~54y · appointed 2010-12-17
View their other companies + combined net worth →
Active
MARR, Alistair Edmund→
director · ~68y · appointed 2010-12-16 · resigned 2010-12-17
Resigned

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

Recent filings (21 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-06-05
gazette-notice-voluntary
gazette · GAZ1(A)
2018-03-20
dissolution-application-strike-off-company
dissolution · DS01
2018-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2016-12-29
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-21
change-person-director-company-with-change-date
officers · CH01
2015-12-21
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-20
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-12-27