THE SECOND ALLIANCE TRUST LIMITED

💤Zombieactive
SC001284 · ltd · incorporated 1883-10-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (59/100)

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
38 officers (2 active, 38 linked, 32 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
244 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (84 events)Click to expand
  1. 2025-04-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2024-08-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-06-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2023-03-20
    JUNIPER PARTNERS LIMITED appointed
    corporate-secretary
  6. 2023-03-20
    ANDERSON, Ian resigned
    secretary
  7. 2023-03-20
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  8. 2023-03-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-08-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2021-04-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2020-06-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-05-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2020-05-19
    📄
    auditors-resignation-company
    auditors · AUD
  14. 2020-05-15
    📄
    auditors-resignation-company
    auditors · AUD
  15. 2019-07-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-05-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2018-05-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2017-07-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2017-06-29
    BROWN, Lisa appointed
    director
  20. 2017-06-29
    URQUHART, Ramsay Alexander resigned
    director
  21. 2016-05-20
    ANDERSON, Ian appointed
    secretary
  22. 2016-05-20
    MCPHERSON, Donald James resigned
    secretary
  23. 2016-02-14
    GARRETT-COX, Katherine Lucy resigned
    director
  24. 2015-10-26
    URQUHART, Ramsay Alexander appointed
    director
  25. 2015-09-30
    TROTTER, Alan John resigned
    director
  26. 2010-02-01
    TROTTER, Alan John appointed
    director
  27. 2009-04-30
    DEARDS, David Alun resigned
    director
  28. 2008-08-29
    GARRETT-COX, Katherine Lucy appointed
    director
  29. 2008-08-29
    HARDEN, Alan Jerry resigned
    director
  30. 2006-09-09
    YOUNG, Alan Michael Walker resigned
    director
  31. 2006-07-31
    RUCKLEY, Sheila Monica resigned
    director
  32. 2006-07-10
    MCPHERSON, Donald James appointed
    secretary
  33. 2006-06-30
    JACK, William Henderson resigned
    director
  34. 2006-06-30
    KNOX, Lesley Mary Samuel resigned
    director
  35. 2006-06-30
    MASTERS, Christopher resigned
    director
  36. 2006-06-30
    MCQUEEN, William Gordon resigned
    director
  37. 2006-06-30
    SALMON, Clare Leslie resigned
    director
  38. 2006-06-23
    DEARDS, David Alun appointed
    director
  39. 2006-06-23
    HARDEN, Alan Jerry appointed
    director
  40. 2006-06-23
    JACK, William Henderson appointed
    director
  41. 2006-06-23
    KNOX, Lesley Mary Samuel appointed
    director
  42. 2006-06-23
    MASTERS, Christopher appointed
    director
  43. 2006-06-23
    MCQUEEN, William Gordon appointed
    director
  44. 2006-06-23
    RUCKLEY, Sheila Monica appointed
    director
  45. 2006-06-23
    SALMON, Clare Leslie appointed
    director
  46. 2006-06-23
    YOUNG, Alan Michael Walker appointed
    director
  47. 2006-06-21
    DEARDS, David Alun resigned
    director
  48. 2006-06-21
    HARDEN, Alan Jerry resigned
    director
  49. 2006-06-21
    JACK, William Henderson resigned
    director
  50. 2006-06-21
    KNOX, Lesley Mary Samuel resigned
    director
Showing most recent 50 of 84 events

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

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 143 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
At2006 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
🏛️
Alliance Witan Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
THE SECOND ALLIANCE TRUST LIMITED
This company · SC001284

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
At2006 Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Alliance Witan Plc
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Statusactive
Typeltd
Incorporated1883-10-03
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

River Court
5 West Victoria Dock Road
Dundee
DD1 3JT
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-24
Last: 2026-03-10

Officers (2 active · 36 resigned)

JUNIPER PARTNERS LIMITED
corporate-secretary · appointed 2023-03-20
View their other companies + combined net worth →
Active
BROWN, Lisa
director · ~54y · appointed 2017-06-29
View their other companies + combined net worth →
Active
ANDERSON, Ian
secretary · appointed 2016-05-20 · resigned 2023-03-20
Resigned
GODDARD, Ian Lester
secretary · appointed 2000-11-29 · resigned 2006-05-31
Resigned
MCPHERSON, Donald James
secretary · appointed 2006-07-10 · resigned 2016-05-20
Resigned
RUCKLEY, Sheila Monica
secretary · appointed 1989-12-01 · resigned 2000-11-29
Resigned
SUGGETT, Gavin Robert
secretary · resigned 1989-12-01
Resigned
BERRY, William
director · ~87y · appointed 1994-02-01 · resigned 2005-04-29
Resigned
BLAKE, Christopher, Professor
director · ~100y · resigned 1994-10-14
Resigned
BOLTON, Lyndon
director · ~89y · resigned 1995-04-30
Resigned
DEARDS, David Alun
director · ~66y · appointed 2006-06-23 · resigned 2009-04-30
Resigned
DEARDS, David Alun
director · ~66y · appointed 2003-01-01 · resigned 2006-06-21
Resigned
GARRETT-COX, Katherine Lucy
director · ~59y · appointed 2008-08-29 · resigned 2016-02-14
Resigned
HARDEN, Alan Jerry
director · ~68y · appointed 2006-06-23 · resigned 2008-08-29
Resigned
HARDEN, Alan Jerry
director · ~68y · appointed 2004-01-01 · resigned 2006-06-21
Resigned
HARDIE, Douglas Fleming, Sir
director · ~103y · resigned 1993-10-15
Resigned
JACK, William Henderson
director · ~82y · appointed 2006-06-23 · resigned 2006-06-30
Resigned
JACK, William Henderson
director · ~82y · appointed 2000-11-29 · resigned 2006-06-21
Resigned
JOHNSTON, Bruce William Mclaren
director · ~87y · appointed 1991-08-16 · resigned 2004-04-30
Resigned
KNOX, Lesley Mary Samuel
director · ~73y · appointed 2006-06-23 · resigned 2006-06-30
Resigned

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

Recent filings (244 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-full
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-11
accounts-with-accounts-type-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-full
accounts · AA
2023-06-12
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-03-20
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-full
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-16
accounts-with-accounts-type-full
accounts · AA
2021-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
change-person-director-company-with-change-date
officers · CH01
2020-06-17