CUL HOLDINGS LIMITED

⚰️Wound downdissolved

SC529361 · ltd · incorporated 2016-03-11

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 10.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

57/100

Worth a look

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What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 75/100. 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 10.2y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 10.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (61/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

6 officers (3 active, 6 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

17 connected companies via shared directors

Filing history

40 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

57/100Worth 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

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2022-03-01
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-03-01
🏁
Company dissolved
2021-12-14
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2021-12-03
📄
dissolution-application-strike-off-company
dissolution · DS01
2021-06-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-11-23
📄
capital-cancellation-shares
capital · SH06
2020-11-23
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2020-11-23
⚠️
legacy
insolvency · CAP-SS
2020-11-23
⚠️
legacy
insolvency · CAP-SS
2020-11-23
📄
resolution
resolution · RESOLUTIONS
2020-03-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-01-09
📄
change-account-reference-date-company-current-extended
accounts · AA01
2020-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-01-08
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-01-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-01-08
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-01-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20
➕
DICK, John Landis appointed
director
2019-12-20
➕
SCULLION, James appointed
director
2019-12-20
➕
SMITH, Richard James appointed
director
2019-12-20
➖
LC SECRETARIES LIMITED resigned
corporate-secretary
2019-12-20
➖
SHIACH, James resigned
director
2019-03-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-18
➖
CARSTAIRS, Alexander Marshall resigned
director
2016-09-01
➕
CARSTAIRS, Alexander Marshall appointed
director
2016-04-11
🔒
Charge registered #1
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
2016-03-22
➕
LC SECRETARIES LIMITED appointed
corporate-secretary
2016-03-11
🏢
Company incorporated
As CUL HOLDINGS LIMITED
2016-03-11
➕
SHIACH, James appointed
director

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

50/100

Moderate signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.

Red flags

2 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-03-01

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-11-23: legacy; 2020-11-23: legacy

Group structure

Osso Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Osso Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

CUL HOLDINGS LIMITED

This company · SC529361

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Osso Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	20/12/2019

1 historic (ceased) PSC

Mr James Shiachceased 20/12/2019· 75-100% shares · 75-100% voting · board control

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 · Professional services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STREAMLINE SHIPPING GROUP LIMITED→ SC131956 · est 1991	£15.91M £11.73M–£20.10M	—	—	0	35y	83	74y
GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006	£9.77M £7.20M–£12.34M	—	—	0	19y	84	68y
HIGHLAND FUELS HOLDINGS LIMITED→ SC215790 · est 2001	£9.50M £7.00M–£12.00M	—	—	300	25y	88	62y
CRAIGSHANNOCH LIMITED→ SC191743 · est 1998	£5.90M £4.34M–£7.45M	£2.95M	—	300	27y	88	67y
T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	6y	87	77y
ROTECH HOLDINGS LIMITED→ SC148822 · est 1994	£1.97M £1.45M–£2.49M	£453.6k	—	0	32y	92	58y
WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	93	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
CONNECT NDT LIMITED→ SC205224 · est 2000	—	—	—	—	26y	83	70y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated2016-03-11

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

6 Queens Road

Aberdeen

AB15 4ZT

Scotland

Filing status

Accounts

Next due: —

Last made up to: 2020-12-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 3 resigned)

DICK, John Landis→

director · ~57y · appointed 2019-12-20

View their other companies + combined net worth →

Active

SCULLION, James→

director · ~43y · appointed 2019-12-20

View their other companies + combined net worth →

Active

SMITH, Richard James→

director · ~67y · appointed 2019-12-20

View their other companies + combined net worth →

Active

LC SECRETARIES LIMITED→

corporate-secretary · appointed 2016-03-22 · resigned 2019-12-20

Resigned

CARSTAIRS, Alexander Marshall→

director · ~70y · appointed 2016-09-01 · resigned 2018-06-18

Resigned

SHIACH, James→

director · ~66y · appointed 2016-03-11 · resigned 2019-12-20

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)	A registered charge	—	11/04/2016	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2022-03-01

gazette-notice-voluntary

gazette · GAZ1(A)

2021-12-14

dissolution-application-strike-off-company

dissolution · DS01

2021-12-03

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-06-04

confirmation-statement-with-updates

confirmation-statement · CS01

2021-03-26

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2021-03-26

capital-cancellation-shares

capital · SH06

2020-11-23

capital-statement-capital-company-with-date-currency-figure

capital · SH19

2020-11-23

legacy

insolvency · CAP-SS

2020-11-23

legacy

insolvency · CAP-SS

2020-11-23

resolution

resolution · RESOLUTIONS

2020-11-23

confirmation-statement-with-updates

confirmation-statement · CS01

2020-03-12

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

address · AD01

2020-03-12

change-account-reference-date-company-current-extended

accounts · AA01

2020-01-09

appoint-person-director-company-with-name-date

officers · AP01

2020-01-08