SHELFTRADER 3 LTD

⚰️Wound downdissolved

SC390921 · ltd · incorporated 2010-12-31

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 Dec 2019

Net worth

£7.4k

book net assets

Opportunity

60/100

Worth a look

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What this business does

Primary activity: Activities of mortgage finance companies

Sector: Financial & insurance

Investor take

Special-situation opportunity

Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 60/100 (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 (73/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

60/100Worth 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 £7,355

Net assets shrinking

Down £13,620 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£7k

↓ 65% YoY

Current Assets

£2k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2019-12-31	2018-12-31
Total assets	£6.0k	£19.6k
Current assets	£2.1k	£2.1k
Net assets	£7.4k	£21.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2022-02-15
📄
gazette-dissolved-compulsory
gazette · GAZ2
2022-02-15
🏁
Company dissolved
2021-11-30
📄
gazette-notice-compulsory
gazette · GAZ1
2021-05-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-01-28
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2017-01-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-06
📄
gazette-notice-compulsory
gazette · GAZ1
2016-03-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-07-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2014-07-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2014-07-01
➕
GILLAN, Colin appointed
director
2014-07-01
➖
NELL, Andre resigned
director
2014-01-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-09-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2013-01-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-12-31
🏢
Company incorporated
As SHELFTRADER 3 LTD
2010-12-31
➕
NELL, Andre appointed
director

Owner dependency

83/100

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.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 2022-02-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Colin Gillian Individual · Scottish · DOB 01/1967 · age 59	75–100%	—	75-100% shares	07/04/2016

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 →

Similar companies

Active · Financial services · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAMERON FINANCIAL LIMITED→ SC329254 · est 2007	—	—	—	—	18y	82	59y
MGA FINANCIAL MANAGEMENT LIMITED→ SC189425 · est 1998	—	—	—	300	27y	82	63y
MORTGAGE MANAGERS LIMITED→ SC375517 · est 2010	—	—	£51.9k	—	16y	81	63y
SCOTTISH CANADIAN TRUST. LIMITED→ SC006394 · est 1907	—	—	—	0	119y	81	84y
ANGUS M WATSON LTD.→ SC336578 · est 2008	—	—	£100.2k	—	18y	80	75y
COMMERCIAL RISK SOLUTIONS LTD→ SC368285 · est 2009	—	—	—	100	16y	80	63y
EP WEALTH MANAGEMENT LIMITED→ SC252642 · est 2003	—	—	£36.0k	—	22y	80	70y
FORTH FINANCIAL SERVICES (FIFE) LIMITED→ SC241029 · est 2002	—	—	—	300	23y	80	74y
GLENABER LIMITED→ SC242360 · est 2003	—	—	£1.02M	—	23y	80	68y
HILLEROD LIMITED→ SC127178 · est 1990	—	—	£2	—	35y	80	74y
INTELLIGENT MORTGAGE SERVICES LIMITED→ SC241484 · est 2002	—	—	£100.3k	—	23y	80	59y
LAND MANAGEMENT (SCOTLAND) LTD.→ SC250200 · est 2003	—	—	£438.7k	—	22y	80	59y

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

Incorporated2010-12-31

Jurisdictionscotland

Primary SIC64922 — Activities of mortgage finance companies

Registered office

Flat 1 138 Magnum House

Seagate

Dundee

DD1 2HF

Scotland

Filing status

Accounts

Next due: —

Last made up to: 2019-12-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 1 resigned)

GILLAN, Colin→

director · ~59y · appointed 2014-07-01

View their other companies + combined net worth →

Active

NELL, Andre→

director · ~55y · appointed 2010-12-31 · resigned 2014-07-01

Resigned

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

Recent filings (28 total)

gazette-dissolved-compulsory

gazette · GAZ2

2022-02-15

gazette-notice-compulsory

gazette · GAZ1

2021-11-30

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

address · AD01

2021-05-10

accounts-with-accounts-type-micro-entity

accounts · AA

2021-03-23

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

address · AD01

2021-02-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-01-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-03-02

accounts-with-accounts-type-micro-entity

accounts · AA

2019-09-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-02-13

accounts-with-accounts-type-micro-entity

accounts · AA

2018-09-30

confirmation-statement-with-updates

confirmation-statement · CS01

2018-01-24

accounts-with-accounts-type-micro-entity

accounts · AA

2017-09-30

confirmation-statement-with-updates

confirmation-statement · CS01

2017-05-09

gazette-filings-brought-up-to-date

gazette · DISS40

2017-01-28

accounts-with-accounts-type-micro-entity

accounts · AA

2017-01-27