SRN GROUP (SCOTLAND) LIMITED

⚰️Wound downdissolved
SC796974 · ltd · incorporated 2024-01-29
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
53/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 65/100. 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 (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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
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 (7 events)Click to expand
  1. 2025-07-01
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2025-07-01
    🏁
    Company dissolved
  3. 2025-04-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-01-29
    🏢
    Company incorporated
    As SRN GROUP (SCOTLAND) LIMITED
  5. 2024-01-29
    NICOL, Angela Hamilton appointed
    director
  6. 2024-01-29
    NICOL, Derek James appointed
    director
  7. 2024-01-29
    📄
    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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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 2025-07-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Angela Hamilton Nicol
Individual · British · DOB 11/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/01/2024

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 · Transport & logistics · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LONG LANE DELIVERIES LTD.
SC230233 · est 2002
£3.70M
£2.77M£4.62M
33124y8261y
COURIER CONNECTIONS (SCOTLAND) LIMITED
SC214783 · est 2001
£2.99M
£2.24M£3.74M
770025y8058y
HODGE HEAVY HAULAGE LIMITED
SC197139 · est 1999
£43.6k
£32.7k£54.5k
£125.7k10026y8564y
BLUE BUS LIMITED
SC261919 · est 2004
190022y8267y
BRIAN & AYRLIE YUILL LIMITED
SC195845 · est 1999
£601.6k27y8258y
C H TRANSPORT LIMITED
SC246376 · est 2003
323y8267y
CARDEAN COURIERS LTD
SC272470 · est 2004
£268.6k21y8267y
CENSCOT TRANSPORT LIMITED
SC305620 · est 2006
£7.5k19y8273y
CURRIE HAULAGE LIMITED
SC217416 · est 2001
£3.1k25y8262y
E.G. STEELE & COMPANY LIMITED
SC024956 · est 1947
879y8271y
MAXIS TAXIS (SCOTLAND) LIMITED
SC322481 · est 2007
£10019y8267y
PAT BOYLE TRANSPORT LTD
SC385434 · est 2010
£281.2k15y8262y
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.

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
Incorporated2024-01-29
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

23 Dimsdale Road
Wishaw
ML2 8DN
Scotland

Filing status

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

Officers (0 active · 0 resigned)

NICOL, Angela Hamilton
director · ~50y · appointed 2024-01-29
View their other companies + combined net worth →
Active
NICOL, Derek James
director · ~41y · appointed 2024-01-29
View their other companies + combined net worth →
Active

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

Recent filings (3 total)

gazette-dissolved-compulsory
gazette · GAZ2
2025-07-01
gazette-notice-compulsory
gazette · GAZ1
2025-04-15
incorporation-company
incorporation · NEWINC
2024-01-29