BANDT LIMITED
⚰️Wound downdissolved
SC009743 · ltd · incorporated 1917-01-23
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
49/100
Watch
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 49/100 (watch), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
9 live charges · 8 lenders · oldest 33.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 33.5 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (61/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
39 officers (2 active, 39 linked, 31 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
303 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (107 events)Click to expand
- 2026-01-19⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2026-01-19🏁Company dissolved
- 2025-10-16⚠️liquidation-voluntary-creditors-return-of-final-meeting-scotlandinsolvency · LIQ14(Scot)
- 2023-09-25📄resolutionresolution · RESOLUTIONS
- 2023-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-04-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-01-26📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-25📄capital-allotment-sharescapital · SH01
- 2022-08-19📄resolutionresolution · RESOLUTIONS
- 2022-06-21📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-09-17📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-07-30➖SMYTHE, Anthony Kenneth resigneddirector
- 2021-07-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-28➕WHITE, Jeremy Mark appointeddirector
- 2021-07-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-04➖MCDONALD, Andrew John resigneddirector
- 2021-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-03➕EDWARDS, Christopher James appointeddirector
- 2021-02-02➖MCDONALD, Andrew John resignedsecretary
- 2021-02-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-12-21📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-02📄accounts-with-accounts-type-fullaccounts · AA
- 2020-02-27🔒Charge registered #12Lender: Glas Trust Corporation Limited (As Security Agent and Trustee for the Secured Parties)
- 2019-03-15🔒Charge registered #11Lender: Glas Trust Corporation Limited (Acting as Security Agent)
- 2018-08-31➖FELL, James Thomas resigneddirector
- 2018-08-31➕SMYTHE, Anthony Kenneth appointeddirector
- 2018-08-28➖BUSH, Daniel resignedsecretary
- 2018-08-28➕MCDONALD, Andrew John appointedsecretary
- 2018-08-28➖BUSH, Daniel resigneddirector
- 2018-07-30➕MCDONALD, Andrew John appointeddirector
- 2018-05-01🔒Charge registered #10Lender: Glas Trust Corporation Limited (As Security Agent)
- 2017-12-22➖BRADBURY, Trevor resignedsecretary
- 2017-12-22➕BUSH, Daniel appointedsecretary
- 2017-12-22➖BRADBURY, Trevor resigneddirector
- 2017-12-22➕FELL, James Thomas appointeddirector
- 2017-08-31➖RINGROSE, Adrian Michael resigneddirector
- 2017-08-02➕BUSH, Daniel appointeddirector
- 2010-10-15➕BRADBURY, Trevor appointeddirector
- 2010-10-15➖JONES, Timothy Charles resigneddirector
- 2004-06-10➖HANNAH, Allan Richardson resigneddirector
- 2003-09-30➖BOTTJER, Michael Colin resigneddirector
- 2003-09-30➕JONES, Timothy Charles appointeddirector
- 2003-09-30➖LEE, Malcolm Stuart resigneddirector
- 2003-09-30➕RINGROSE, Adrian Michael appointeddirector
- 2002-06-30➖WENTZELL, Graham John resigneddirector
Showing most recent 50 of 107 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 66 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 109 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-01-19
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-01-19: gazette-dissolved-liquidation; 2025-10-16: liquidation-voluntary-creditors-return-of-final-meeting-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️ultimate parent
Glas Trust Corporation Limited
Corporate parent · holds 75-100% shares
🏛️
Interserve Group Holdings Limited
Corporate parent · board control
⬇
BANDT LIMITED
This company · SC009743
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Glas Trust Corporation Limited Corporate entity | 75–100% | — | 75-100% shares | 01/05/2018 |
Interserve Group Holdings Limited Corporate entity | — | 75–100% | board control75-100% voting · board control | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| 852 TAXIS LTD.→ SC373037 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| 903 TAXIS LTD.→ SC313821 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 981 TAXIS LTD.→ SC318180 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ADAM SMITH LIMITED→ SC116109 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| AGENTS OF CHANGE (SCOTLAND) LIMITED→ SC753057 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALDERWICK SERVICES LTD→ SC883883 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALHAMA HOLDINGS LIMITED→ SC593255 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ALVA CONSULTING LIMITED→ SC353447 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ANDSTRAT (NO. 175) LIMITED→ SC256565 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ANNIELYTICS LIMITED→ SC495422 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ANNO 1939 (LICENCE) LIMITED→ SC709990 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| APAX EUROPE VI - 1 NOMINEE LIMITED→ SC302024 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated1917-01-23
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Atria One
144 Morrison Street
Edinburgh
EH3 8EB
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2021-06-30
Confirmation statement
Next due: —
Last: 2023-08-16
Officers (0 active · 37 resigned)
EDWARDS, Christopher James→
Activedirector · ~62y · appointed 2021-02-03
View their other companies + combined net worth →
WHITE, Jeremy Mark→
Activedirector · ~66y · appointed 2021-07-28
View their other companies + combined net worth →
ASHFORTH, Phillip John→
Resignedsecretary · appointed 1991-04-02 · resigned 1993-07-08
BRADBURY, Trevor→
Resignedsecretary · appointed 1999-08-10 · resigned 2017-12-22
BUSH, Daniel→
Resignedsecretary · appointed 2017-12-22 · resigned 2018-08-28
BUTLER, Richard John→
Resignedsecretary · appointed 1997-07-18 · resigned 1997-10-21
HARDING, Ian→
Resignedsecretary · appointed 1993-07-09 · resigned 1997-07-18
MCDONALD, Andrew John→
Resignedsecretary · appointed 2018-08-28 · resigned 2021-02-02
ROLPH, John Richard→
Resignedsecretary · resigned 1991-03-31
RUTTER, Richard Charles→
Resignedsecretary · appointed 1997-10-21 · resigned 1999-08-10
ANDREWS, William George→
Resigneddirector · ~91y · appointed 1994-01-01 · resigned 1999-08-10
ASHFORTH, Phillip John→
Resigneddirector · ~71y · appointed 1991-04-02 · resigned 1993-07-08
BARNES, Ian Murray→
Resigneddirector · ~75y · appointed 1995-07-03 · resigned 1997-04-01
BLACK, Gilbert→
Resigneddirector · ~93y · resigned 1993-04-30
BOTTJER, Michael Colin→
Resigneddirector · ~86y · appointed 1999-08-10 · resigned 2003-09-30
BRADBURY, Trevor→
Resigneddirector · ~69y · appointed 2010-10-15 · resigned 2017-12-22
BUSH, Daniel→
Resigneddirector · ~60y · appointed 2017-08-02 · resigned 2018-08-28
FAREBROTHER, Michael John→
Resigneddirector · ~85y · appointed 1997-08-22 · resigned 1999-08-10
FELL, James Thomas→
Resigneddirector · ~53y · appointed 2017-12-22 · resigned 2018-08-31
FORD, William→
Resigneddirector · ~90y · resigned 1995-04-07
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
3
Outstanding
3
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation (As Security Agent and Trustee for the Secured Parties) Glas Trust Corporation Limited (As Security Agent and Trustee for the Secured Parties) | A registered charge | 1 property | 27/02/2020 | — | |
| outstanding | Glas Trust Corporation (Acting as Security Agent) Glas Trust Corporation Limited (Acting as Security Agent) | A registered charge | 1 property | 15/03/2019 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 01/05/2018 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Floating charge | 1 property | 14/04/1998 | 30/03/2000 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC as Trustees for Itself and Others | Standard security | 1 property | 03/07/1995 | 30/03/2000 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Standard security | 1 property | 03/07/1995 | 30/03/2000 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC as Trustee for Itself and Others | Debenture | 1 property | 29/06/1995 | 30/03/2000 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC (As Trustee Foresaid) | Standard security | 1 property | 16/10/1992 | 11/09/1995 | |
| satisfied | Lloyds Banking Group Lloyds Bank Plcas Trustee for the Beneficiaries | Debenture | 1 property | 09/10/1992 | 13/11/1995 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (303 total)
gazette-dissolved-liquidation
gazette · GAZ2
2026-01-19
liquidation-voluntary-creditors-return-of-final-meeting-scotland
insolvency · LIQ14(Scot)
2025-10-16
resolution
resolution · RESOLUTIONS
2023-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-03-23
accounts-with-accounts-type-full
accounts · AA
2023-01-26
capital-allotment-shares
capital · SH01
2022-08-25
resolution
resolution · RESOLUTIONS
2022-08-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-30
change-account-reference-date-company-previous-extended
accounts · AA01
2021-09-17