DAVID HUME INSTITUTE THE

⚰️Wound downconverted-closed

SC091239 · converted-or-closed · incorporated 1985-01-15

Investment thesis

Company converted closed — 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

56/100

Worth a look

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What this business does

Primary activity: Other information service activities n.e.c.

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 50/100. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (48/100).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

66 officers (9 active, 66 linked, 56 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

6 connected companies via shared directors

Filing history

199 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

56/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (139 events)Click to expand

2020-11-11
📄
resolution
resolution · RESOLUTIONS
2020-11-11
🏁
Company dissolved
2020-11-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-09-29
➕
DOWSON, William Kenneth appointed
director
2020-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-08-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-06-26
📄
change-person-director-company-with-change-date
officers · CH01
2020-06-15
➖
ANDREWS, June, Professor resigned
director
2020-06-05
➕
ROSS, Alastair Fowler appointed
director
2020-05-28
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-04-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-31
➖
BOYLE, Stephen Edward resigned
director
2019-11-21
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-11-21
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-11-11
➕
MURRAY, Susan appointed
secretary
2019-10-31
➖
KELLY, Jane-Frances resigned
secretary
2019-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-09-30
➖
DUNLOP, Laura Jean resigned
director
2019-09-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-09-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-07-31
➖
KELLY, Owen Dennis resigned
director
2019-07-31
➖
STEWART, Jennifer Marion resigned
director
2019-04-24
📄
accounts-with-accounts-type-small
accounts · AA
2018-11-29
📄
change-person-director-company-with-change-date
officers · CH01
2018-10-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-09-30
➖
MACRAE, Donald James Renwick resigned
director
2018-09-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-09-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-08-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-06-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-06-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-06-21
➖
ALEXANDER, Alan, Professor resigned
director
2018-06-18
➕
O'NEILL, Christine Mary appointed
director
2018-06-18
➕
WYLLIE, Cameron Dickson appointed
director
2018-06-18
➕
ANDREWS, June, Professor appointed
director
2018-06-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-06-01
➕
BARKER, Kenneth appointed
director
2018-06-01
➕
DROST, Steven appointed
director
2018-03-31
➕
MIDDLETON, David Fraser appointed
director
2018-03-30
➖
BRAND, Kyla Jane resigned
director
2018-02-01
➖
BROWN, Alice, Professor resigned
director
2017-10-01
➖
CORMACK, Robert John, Professor resigned
director
2017-10-01
➖
RITCHIE, Ian Cleland resigned
director
2017-09-01
➕
KELLY, Jane-Frances appointed
secretary
2017-09-01
➖
PERMAN, Raymond John resigned
secretary
2017-04-25
➖
ELLIOT, John Christian resigned
director
2016-10-15
➖
LAING, Catriona Margaret resigned
secretary
2016-10-15
➕
PERMAN, Raymond John appointed
secretary

Showing most recent 50 of 139 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2021-04-30

🔒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

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.

See pricing →

Company details

Statusconverted-closed

Typeconverted-or-closed

Incorporated1985-01-15

Jurisdictionscotland

Primary SIC63990 — Other information service activities n.e.c.

Registered office

C/O Codebase

3 Lady Lawson Street

Edinburgh

EH3 9DR

Scotland

Filing status

Accounts

Next due: 2021-04-30OVERDUE

Last made up to: 2019-07-31

Confirmation statement

Next due: —

Last: —