PICAMBA LTD

⚰️Wound downdissolved
SC420364 · ltd · incorporated 2012-03-26
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
56/100
Worth a look
🔔
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What this business does
Primary activity: SIC 47610
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 56/100 (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 (51/100)

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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth 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
55
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 (22 events)Click to expand
  1. 2014-12-19
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2014-12-19
    🏁
    Company dissolved
  3. 2014-08-29
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2014-08-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2014-08-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2013-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2013-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2013-02-09
    LEISK, Keith appointed
    secretary
  9. 2013-02-09
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2013-01-04
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  11. 2012-12-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2012-12-10
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  13. 2012-12-10
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  14. 2012-08-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2012-07-13
    O'RORKE, Ryan resigned
    director
  16. 2012-05-27
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  17. 2012-03-26
    🏢
    Company incorporated
    As PICAMBA LTD
  18. 2012-03-26
    HENDERSON, Callum Robert appointed
    director
  19. 2012-03-26
    HENDERSON, Connor William appointed
    director
  20. 2012-03-26
    O'RORKE, Ryan appointed
    director
  21. 2012-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2012-03-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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 2014-12-19

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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
Incorporated2012-03-26
Jurisdictionscotland
Primary SIC47610 — SIC 47610

Registered office

6a Middlefield
Leith Walk
Edinburgh
EH7 4PF

Filing status

Accounts
Next due:
Last made up to: 2014-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

LEISK, Keith
secretary · appointed 2013-02-09
View their other companies + combined net worth →
Active
HENDERSON, Callum Robert
director · ~40y · appointed 2012-03-26
View their other companies + combined net worth →
Active
HENDERSON, Connor William
director · ~37y · appointed 2012-03-26
View their other companies + combined net worth →
Active
O'RORKE, Ryan
director · ~38y · appointed 2012-03-26 · resigned 2012-07-13
Resigned

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

Recent filings (15 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-12-19
gazette-notice-voluntary
gazette · GAZ1(A)
2014-08-29
dissolution-application-strike-off-company
dissolution · DS01
2014-08-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-12-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-14
appoint-person-secretary-company-with-name-date
officers · AP03
2013-02-09
change-registered-office-address-company-with-date-old-address
address · AD01
2013-01-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-12-10
change-registered-office-address-company-with-date-old-address
address · AD01
2012-12-10
change-registered-office-address-company-with-date-old-address
address · AD01
2012-12-10
termination-director-company-with-name-termination-date
officers · TM01
2012-08-05
change-registered-office-address-company-with-date-old-address
address · AD01
2012-05-27
change-person-director-company-with-change-date
officers · CH01
2012-03-26
incorporation-company
incorporation · NEWINC
2012-03-26