UNITED ART LIMITED

⚰️Wound downdissolved
SC596612 · ltd · incorporated 2018-05-09
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
year to May 2024
Net worth
£1.0k
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47990Other retail sale not in stores, stalls or markets
  • 82990Other business support service activities n.e.c.
  • 91011Library activities
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

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: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
22 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,000

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1k
Current Assets
£1k
Current Liabilities
£0£200£400£600£800£1kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31
Total assets£1.0k
Current assets£1.0k
Debtors£1.0k
Net assets£1.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-06-03
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2025-06-03
    🏁
    Company dissolved
  3. 2025-03-18
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2025-03-11
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-08-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-01-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-03-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2018-06-01
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2018-05-09
    🏢
    Company incorporated
    As UNITED ART LIMITED
  17. 2018-05-09
    ROGER, Mark Douglas appointed
    director
  18. 2018-05-09
    WEATHERBY-BLYTHE, Ian David appointed
    director
  19. 2018-05-09
    📄
    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 58 — approaching natural succession window.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

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

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 2025-06-03

Group structure

Washington Green Retail Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Washington Green Retail Limited
Corporate parent · holds 25-50% shares
significant stake
UNITED ART LIMITED
This company · SC596612

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Washington Green Retail Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting09/05/2018
1 historic (ceased) PSC
  • Open Frequency Limitedceased 05/12/2023· 25-50% shares · 25-50% voting

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 →

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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
Incorporated2018-05-09
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

60 St. Enoch Square
Level 5
Glasgow
G1 4AG
Scotland

Filing status

Accounts
Next due:
Last made up to: 2024-05-31
Confirmation statement
Next due:
Last: 2024-08-28

Officers (0 active · 0 resigned)

ROGER, Mark Douglas
director · ~50y · appointed 2018-05-09
View their other companies + combined net worth →
Active
WEATHERBY-BLYTHE, Ian David
director · ~58y · appointed 2018-05-09
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2025-06-03
gazette-notice-voluntary
gazette · GAZ1(A)
2025-03-18
dissolution-application-strike-off-company
dissolution · DS01
2025-03-11
accounts-with-accounts-type-dormant
accounts · AA
2025-02-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-dormant
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-dormant
accounts · AA
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-15
accounts-with-accounts-type-dormant
accounts · AA
2021-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-15
change-person-director-company-with-change-date
officers · CH01
2021-01-08