LINELL HOLDINGS LTD

🌱Startupactive
SC842989 · ltd · incorporated 2025-03-27
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
70/100
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 70/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 68). 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 (73/100).

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
14
filings
  • 6 capital
  • 3 resolution
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-01-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-01-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-12-23
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  4. 2025-12-23
    📄
    legacy
    capital · SH20
  5. 2025-12-23
    ⚠️
    legacy
    insolvency · CAP-SS
  6. 2025-12-23
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-12-23
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2025-12-22
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  9. 2025-12-22
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2025-12-22
    📄
    memorandum-articles
    incorporation · MA
  11. 2025-12-22
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2025-12-19
    📄
    capital-allotment-shares
    capital · SH01
  13. 2025-12-19
    📄
    capital-allotment-shares
    capital · SH01
  14. 2025-03-27
    🏢
    Company incorporated
    As LINELL HOLDINGS LTD
  15. 2025-03-27
    ELLIOTT, Michael George appointed
    director
  16. 2025-03-27
    WHYTE, Derek Fraser appointed
    director
  17. 2025-03-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Young company: Only 1.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • 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: 2025-12-23: legacy

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Derek Fraser Whyte
Individual · Scottish · DOB 01/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting19/12/2025
Mr Michael George Elliott
Individual · British · DOB 01/1962 · age 64
2550%
25–50%25-50% shares · 25-50% voting27/03/2025

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

9 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.

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Company details

Statusactive
Typeltd
Incorporated2025-03-27
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

C/O Linell Group Limited
Russell Street
Johnstone
Renfrewshire
PA5 8BZ
Scotland

Filing status

Accounts
Next due: 2026-12-27
Last made up to:
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (2 active · 0 resigned)

ELLIOTT, Michael George
director · ~64y · appointed 2025-03-27
View their other companies + combined net worth →
Active
WHYTE, Derek Fraser
director · ~68y · appointed 2025-03-27
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-07
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-23
legacy
capital · SH20
2025-12-23
legacy
insolvency · CAP-SS
2025-12-23
resolution
resolution · RESOLUTIONS
2025-12-23
resolution
resolution · RESOLUTIONS
2025-12-23
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-12-22
capital-name-of-class-of-shares
capital · SH08
2025-12-22
memorandum-articles
incorporation · MA
2025-12-22
resolution
resolution · RESOLUTIONS
2025-12-22
capital-allotment-shares
capital · SH01
2025-12-19
capital-allotment-shares
capital · SH01
2025-12-19
incorporation-company
incorporation · NEWINC
2025-03-27