GOODWORK21 LTD

⚰️Wound downdissolved
SC455001 · ltd · incorporated 2013-07-22
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
60/100
Worth a look
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

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: low (49/100)

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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
70
Strong succession / seller-readiness signals.
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 (15 events)Click to expand
  1. 2015-07-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-07-24
    🏁
    Company dissolved
  3. 2015-04-03
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2015-03-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2015-02-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2015-02-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2014-08-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2014-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2014-02-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2013-12-31
    NICOLSON, Susan Wendy appointed
    director
  11. 2013-12-31
    DRYDEN, David Kenneth resigned
    director
  12. 2013-07-22
    🏢
    Company incorporated
    As GOODWORK21 LTD
  13. 2013-07-22
    NICOLSON NOMINEES LTD appointed
    corporate-secretary
  14. 2013-07-22
    DRYDEN, David Kenneth appointed
    director
  15. 2013-07-22
    📄
    incorporation-company
    incorporation · NEWINC

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 60 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 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 2015-07-24

🔒Co-director network graph

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

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Company details

Statusdissolved
Typeltd
Incorporated2013-07-22
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Trinity House
31 Lynedoch Street
Glasgow
G3 6AA

Filing status

Accounts
Next due:
Last made up to: 2013-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

NICOLSON NOMINEES LTD
corporate-secretary · appointed 2013-07-22
View their other companies + combined net worth →
Active
NICOLSON, Susan Wendy
director · ~60y · appointed 2013-12-31
View their other companies + combined net worth →
Active
DRYDEN, David Kenneth
director · ~68y · appointed 2013-07-22 · resigned 2013-12-31
Resigned

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

Recent filings (9 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-07-24
gazette-notice-voluntary
gazette · GAZ1(A)
2015-04-03
dissolution-application-strike-off-company
dissolution · DS01
2015-03-13
termination-director-company-with-name-termination-date
officers · TM01
2015-02-26
appoint-person-director-company-with-name-date
officers · AP01
2015-02-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-03-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2014-02-26
incorporation-company
incorporation · NEWINC
2013-07-22