BORICUA LTD

⚰️Wound downdissolved

SC529966 · ltd · incorporated 2016-03-17

Investment thesis

Company dissolved — not a live target.

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

Why risky: Not transactable.

Why now

Window opening · high confidence

More negotiable than before — 4 signals weakening over the last 30 days.

· Lifecycle stage: mature → wound-down
· Company status: active → dissolved
· Hygiene score: 70 → 90
· Deal-killer verdict: clean → high-friction

What changed my view

Last 30 days

Mixed signals in the last 30 days — 3 improved, 4 worsened.

↓Lifecycle stage: mature → wound-down
↓Company status: active → dissolved
↓Deal-killer verdict: clean → high-friction
↓Opportunity score: 70 → 61
↑Hygiene score: 70 → 90
+2 more

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

61/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Information technology consultancy activities

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (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: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

24 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

61/100Worth 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.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30
Average employees	200

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

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filing

• 1 gazette

Last 90 days

filing

• 1 gazette

Last 180 days

filings

• 2 gazette
• 1 dissolution

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-07-07
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-07-07
🏁
Company dissolved
2026-04-14
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-08
📄
dissolution-application-strike-off-company
dissolution · DS01
2025-05-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2023-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-03-17
🏢
Company incorporated
As BORICUA LTD
2016-03-17
➕
FABVRE-MELTSER, Alexandra appointed
director
2016-03-17
➕
PRESCOTT, Lee Mark Raymond appointed
director
2016-03-17
📄
incorporation-company
incorporation · NEWINC

Owner dependency

71/100

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.
+Senior director age: Director aged approximately 60 — approaching natural succession window.
+No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 2026-07-07

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Lee Mark Raymond Prescott Individual · British · DOB 09/1966 · age 60	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Ms Alexandra Fabre-Meltser Individual · French · DOB 08/1975 · age 51	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

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BIP SOLUTIONS LIMITED→ SC086146 · est 1984	£10.24M £7.31M–£13.17M	—	—	137	42y	83	79y
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ALTIA SOLUTIONS LIMITED→ SC228451 · est 2002	£409.8k £292.7k–£526.9k	£6.88M	—	0	24y	83	60y
29 STUDIOS LIMITED→ SC358469 · est 2009	—	—	£79.7k	—	17y	83	58y
ANGEL EYE MEDIA LIMITED→ SC268652 · est 2004	—	—	£18.6k	—	22y	83	61y
APERTA LIMITED→ SC136758 · est 1992	—	—	£13.46M	—	34y	83	75y
CALEDONIA TV PRODUCTIONS LTD.→ SC141667 · est 1992	—	—	£451.3k	—	33y	83	77y
CRAB APPLE FILMS LIMITED→ SC242643 · est 2003	—	—	—	100	23y	83	64y
CUE AND REVIEW RECORDING SERVICE LIMITED→ SC129748 · est 1991 · no financials extracted	—	—	—	—	35y	83	78y
E-MAX SYSTEMS LIMITED→ SC189614 · est 1998	—	—	£290.8k	—	27y	83	76y
ELASTIC CREATIVE LTD.→ SC203930 · est 2000	—	—	£20.1k	—	26y	83	58y
EURO SYSTEMS (SCOTLAND) LIMITED→ SC360587 · est 2009 · no financials extracted	—	—	—	—	17y	83	67y

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.

See pricing →

Company details

Statusdissolved

Typeltd

Incorporated2016-03-17

Jurisdictionscotland

Primary SIC62020 — Information technology consultancy activities

Registered office

8 Jackson Place

Bearsden

Glasgow

G61 1RZ

Scotland

Filing status

Accounts

Next due: —

Last made up to: 2024-09-30

Confirmation statement

Next due: —

Last: 2025-03-16

Officers (0 active · 0 resigned)

FABVRE-MELTSER, Alexandra→

director · ~51y · appointed 2016-03-17

View their other companies + combined net worth →

Active

PRESCOTT, Lee Mark Raymond→

director · ~60y · appointed 2016-03-17

View their other companies + combined net worth →

Active

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

Recent filings (24 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2026-07-07

gazette-notice-voluntary

gazette · GAZ1(A)

2026-04-14

dissolution-application-strike-off-company

dissolution · DS01

2026-04-08

accounts-with-accounts-type-micro-entity

accounts · AA

2025-05-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-03

change-account-reference-date-company-previous-extended

accounts · AA01

2024-12-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-03-27

accounts-with-accounts-type-micro-entity

accounts · AA

2023-12-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-29

accounts-with-accounts-type-micro-entity

accounts · AA

2022-11-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-04-06

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

persons-with-significant-control · PSC04

2022-04-06

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

persons-with-significant-control · PSC04

2022-04-06

accounts-with-accounts-type-micro-entity

accounts · AA

2021-12-19

accounts-with-accounts-type-micro-entity

accounts · AA

2021-03-26