FORMBRIDGE LTD

⚰️Wound downdissolved
SC473228 · ltd · incorporated 2014-03-24
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: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 72). 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: 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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
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 (16 events)Click to expand
  1. 2017-11-07
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2017-11-07
    🏁
    Company dissolved
  3. 2017-08-22
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-08-11
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-07-07
    JOHNSTONE, Carolyn Margaret resigned
    director
  6. 2017-07-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2017-07-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2017-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2016-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2016-03-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2015-10-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2015-03-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-03-24
    🏢
    Company incorporated
    As FORMBRIDGE LTD
  14. 2014-03-24
    MCDERMOTT, John appointed
    director
  15. 2014-03-24
    JOHNSTONE, Carolyn Margaret appointed
    director
  16. 2014-03-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • 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 2017-11-07

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Mcdermott
Individual · British · DOB 12/1954 · age 72
5075%
50-75% shares24/03/2017
1 historic (ceased) PSC
  • Miss Carolyn Margaret Johnstoneceased 07/07/2017· 50-75% shares

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
Incorporated2014-03-24
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

38 Hood Street Hood Street
Clydebank
G81 2LU
Scotland

Filing status

Accounts
Next due:
Last made up to: 2016-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

MCDERMOTT, John
director · ~72y · appointed 2014-03-24
View their other companies + combined net worth →
Active
JOHNSTONE, Carolyn Margaret
director · ~52y · appointed 2014-03-24 · resigned 2017-07-07
Resigned

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

Recent filings (12 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-11-07
gazette-notice-voluntary
gazette · GAZ1(A)
2017-08-22
dissolution-application-strike-off-company
dissolution · DS01
2017-08-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-07-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-07-07
termination-director-company-with-name-termination-date
officers · TM01
2017-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2017-03-31
accounts-with-accounts-type-dormant
accounts · AA
2016-12-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-29
accounts-with-accounts-type-dormant
accounts · AA
2015-10-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-26
incorporation-company
incorporation · NEWINC
2014-03-24