SAAC 2 LIMITED

🌱Startupactive
SC826312 · ltd · incorporated 2024-10-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 65/100 (strong), 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: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (55/100)

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
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
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-10-29
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  4. 2024-10-29
    📄
    legacy
    capital · SH20
  5. 2024-10-29
    ⚠️
    legacy
    insolvency · CAP-SS
  6. 2024-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2024-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2024-10-29
    📄
    memorandum-articles
    incorporation · MA
  9. 2024-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2024-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2024-10-29
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2024-10-24
    📄
    capital-allotment-shares
    capital · SH01
  14. 2024-10-23
    📄
    capital-allotment-shares
    capital · SH01
  15. 2024-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-10-18
    🏢
    Company incorporated
    As SAAC 2 LIMITED
  17. 2024-10-18
    WIGGINS, Carolyn Cree appointed
    director
  18. 2024-10-18
    WIGGINS, Stuart appointed
    director
  19. 2024-10-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2024-10-18
    📄
    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 1.5 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 ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-10-29: legacy

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stuart Wiggins
Individual · British · DOB 12/1975 · age 51
5075%
50–75%50-75% shares · 50-75% voting18/10/2024
Mrs Carolyn Cree Wiggins
Individual · British · DOB 02/1974 · age 52
2550%
25–50%25-50% shares · 25-50% voting18/10/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

Statusactive
Typeltd
Incorporated2024-10-18
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

16 Glenbrig Darvel
Ayrshire
KA17 0JA
United Kingdom

Filing status

Accounts
Next due: 2026-07-18
Last made up to:
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (2 active · 0 resigned)

WIGGINS, Carolyn Cree
director · ~52y · appointed 2024-10-18
View their other companies + combined net worth →
Active
WIGGINS, Stuart
director · ~51y · appointed 2024-10-18
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-14
gazette-notice-compulsory
gazette · GAZ1
2026-01-13
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-10-29
legacy
capital · SH20
2024-10-29
legacy
insolvency · CAP-SS
2024-10-29
resolution
resolution · RESOLUTIONS
2024-10-29
resolution
resolution · RESOLUTIONS
2024-10-29
memorandum-articles
incorporation · MA
2024-10-29
resolution
resolution · RESOLUTIONS
2024-10-29
resolution
resolution · RESOLUTIONS
2024-10-29
resolution
resolution · RESOLUTIONS
2024-10-29
capital-name-of-class-of-shares
capital · SH08
2024-10-29
capital-allotment-shares
capital · SH01
2024-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-23