FINNIESTON CLOTHING LTD

⚰️Wound downdissolved
SC558877 · ltd · incorporated 2017-02-27
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 business support service activities n.e.c.
Sector: Administrative & support services
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 (65/100).

Data confidence

Overall: medium (57/100)

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
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 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
25
Concerning — overdue filings or status flags present.
Acquirability
75
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 (20 events)Click to expand
  1. 2024-10-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-10-22
    🏁
    Company dissolved
  3. 2024-01-12
    📄
    memorandum-articles
    incorporation · MA
  4. 2021-11-10
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  5. 2021-10-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  6. 2021-09-29
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  7. 2021-05-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-11-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-06-27
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2017-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2017-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2017-02-27
    🏢
    Company incorporated
    As FINNIESTON CLOTHING LTD
  16. 2017-02-27
    GEDDES, Elizabeth appointed
    director
  17. 2017-02-27
    GEDDES, Emily appointed
    director
  18. 2017-02-27
    GEDDES, Ross appointed
    director
  19. 2017-02-27
    GEDDES, William appointed
    director
  20. 2017-02-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.

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 2024-10-22

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
William Geddes
Individual · British · DOB 02/1955 · age 71
2550%
25–50%25-50% shares · 25-50% voting27/02/2017

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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.

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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2017-02-27
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

79-81 Main Street
Callander
FK17 8DX
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2020-08-27
Confirmation statement
Next due:
Last: 2024-02-26

Officers (0 active · 0 resigned)

GEDDES, Elizabeth
director · ~69y · appointed 2017-02-27
View their other companies + combined net worth →
Active
GEDDES, Emily
director · ~39y · appointed 2017-02-27
View their other companies + combined net worth →
Active
GEDDES, Ross
director · ~41y · appointed 2017-02-27
View their other companies + combined net worth →
Active
GEDDES, William
director · ~71y · appointed 2017-02-27
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-06
memorandum-articles
incorporation · MA
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2021-11-10
gazette-notice-voluntary
gazette · GAZ1(A)
2021-10-05
dissolution-application-strike-off-company
dissolution · DS01
2021-09-29
accounts-with-accounts-type-dormant
accounts · AA
2021-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-04
accounts-with-accounts-type-dormant
accounts · AA
2018-11-05
change-account-reference-date-company-current-extended
accounts · AA01
2018-06-27