VERITAS 22 LIMITED

⚰️Wound downdissolved
SC682376 · ltd · incorporated 2020-11-30
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (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 (58/100).

Data confidence

Overall: medium (60/100)

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 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
55
Some acquirability indicators.
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 (15 events)Click to expand
  1. 2022-03-29
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-03-29
    🏁
    Company dissolved
  3. 2022-01-11
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-12-30
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2021-11-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2021-09-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-09-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-06-17
    CONNELL, Alan resigned
    director
  9. 2021-06-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2021-06-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-06-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-11-30
    🏢
    Company incorporated
    As VERITAS 22 LIMITED
  13. 2020-11-30
    CONNELL, Alan appointed
    director
  14. 2020-11-30
    CONNELL, Alan appointed
    director
  15. 2020-11-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 2022-03-29

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alan Connell
Individual · British · DOB 09/1979 · age 47
75100%
75-100% shares30/11/2020
2 historic (ceased) PSCs
  • Mr Julian Teriaccaceased 17/06/2021· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
  • Mr Alan Connellceased 17/06/2021· 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

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Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated2020-11-30
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

44 Gatehead Drive
Bishopton
PA7 5QQ
Scotland

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

CONNELL, Alan
director · ~47y · appointed 2020-11-30
View their other companies + combined net worth →
Active
CONNELL, Alan
director · ~47y · appointed 2020-11-30 · resigned 2021-06-17
Resigned

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

Recent filings (11 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
gazette-notice-voluntary
gazette · GAZ1(A)
2022-01-11
dissolution-application-strike-off-company
dissolution · DS01
2021-12-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-11-11
appoint-person-director-company-with-name-date
officers · AP01
2021-09-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-06-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-06-17
termination-director-company-with-name-termination-date
officers · TM01
2021-06-17
incorporation-company
incorporation · NEWINC
2020-11-30