ART IN PARTNERSHIP SCOTLAND LIMITED

⚰️Wound downdissolved
SC098095 · private-limited-guarant-nsc · incorporated 1986-03-31
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
63/100
Worth a look
🔔
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: low (49/100)

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
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
26 officers (3 active, 26 linked, 20 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
150 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
  1. 2022-08-02
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-08-02
    🏁
    Company dissolved
  3. 2022-06-14
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  4. 2022-05-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  5. 2022-05-09
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2021-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2015-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2015-10-29
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  14. 2015-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2014-10-16
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  16. 2013-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2013-10-10
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  18. 2013-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2012-10-23
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  20. 2012-07-12
    📄
    termination-director-company-with-name
    officers · TM01
  21. 2012-03-28
    ➖
    CHAPMAN, Oliver Peter resigned
    director
  22. 2009-10-03
    ➕
    BROTHERSTON, Douglas appointed
    secretary
  23. 2009-10-03
    ➖
    DBFM resigned
    corporate-secretary
  24. 2007-12-13
    ➖
    PARR, James resigned
    director
  25. 2007-04-25
    ➖
    MULVAGH, George Young resigned
    director
  26. 2006-08-21
    ➖
    LOGAN, William Bruce resigned
    director
  27. 2003-12-14
    ➖
    PERMAR, Roxane resigned
    director
  28. 2003-09-24
    ➖
    BURNESS SOLICITORS resigned
    corporate-nominee-secretary
  29. 2003-09-24
    ➕
    DBFM appointed
    corporate-secretary
  30. 2002-12-10
    ➕
    CHAPMAN, Oliver Peter appointed
    director
  31. 2002-06-04
    ➖
    GREGG, Lynne resigned
    director
  32. 2002-02-05
    ➕
    BROTHERSTON, Douglas John appointed
    director
  33. 2002-01-31
    ➖
    METZSTEIN, Isi resigned
    director
  34. 2001-09-25
    ➕
    GREGG, Lynne appointed
    director
  35. 2001-02-15
    ➖
    HARPER, Anne Courage resigned
    director
  36. 2001-02-15
    ➖
    HARTREE, Ann resigned
    director
  37. 2001-02-15
    ➖
    TURNER THOMSON, Ann Denise resigned
    director
  38. 2000-12-31
    ➖
    MACDONALD, Stuart, Dr resigned
    director
  39. 2000-12-14
    ➖
    WESTWOOD, David Gibson Smeaton resigned
    director
  40. 2000-04-06
    ➕
    PERMAR, Roxane appointed
    director
  41. 1998-12-15
    ➕
    MACDONALD, Stuart, Dr appointed
    director
  42. 1996-10-07
    ➖
    CORK, Richard Graham resigned
    director
  43. 1996-04-30
    ➖
    MOORHOUSE, John Edwin resigned
    director
  44. 1995-05-02
    ➕
    WESTWOOD, David Gibson Smeaton appointed
    director
  45. 1994-12-15
    ➖
    JONES, Anthony Edward resigned
    director
  46. 1993-09-14
    ➕
    HARTREE, Ann appointed
    director
  47. 1992-02-11
    ➕
    MULVAGH, George Young appointed
    director
  48. 1992-01-16
    ➖
    ROBB, Allan resigned
    director
  49. 1991-07-22
    ➕
    HARPER, Anne Courage appointed
    director
  50. 1991-04-05
    ➕
    MOORHOUSE, John Edwin appointed
    director
Showing most recent 50 of 59 events

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-08-02

🔒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

8 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
Typeprivate-limited-guarant-nsc
Incorporated1986-03-31
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities

Registered office

C/O D.B.F.M, 3
Walker Street
Edinburgh
EH3 7JY

Filing status

Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 23 resigned)

BROTHERSTON, Douglas→
secretary · appointed 2009-10-03
View their other companies + combined net worth →
Active
BROTHERSTON, Douglas John→
director · ~65y · appointed 2002-02-05
View their other companies + combined net worth →
Active
HARTLEY, Keith Scott→
director · ~77y
View their other companies + combined net worth →
Active
BREEN, Robert→
secretary · appointed 1986-12-01 · resigned 1990-10-30
Resigned
BURNESS SOLICITORS→
corporate-nominee-secretary · appointed 1988-12-31 · resigned 2003-09-24
Resigned
DBFM→
corporate-secretary · appointed 2003-09-24 · resigned 2009-10-03
Resigned
BREEN, Robert→
director · resigned 1990-10-30
Resigned
CHAPMAN, Oliver Peter→
director · ~57y · appointed 2002-12-10 · resigned 2012-03-28
Resigned
CORK, Richard Graham→
director · ~79y · resigned 1996-10-07
Resigned
GREGG, Lynne→
director · ~63y · appointed 2001-09-25 · resigned 2002-06-04
Resigned
HARPER, Anne Courage→
director · ~76y · appointed 1991-07-22 · resigned 2001-02-15
Resigned
HARTREE, Ann→
director · ~93y · appointed 1993-09-14 · resigned 2001-02-15
Resigned
HARTREE, Ann→
director · ~93y · resigned 1989-11-05
Resigned
JONES, Anthony Edward→
director · ~82y · resigned 1994-12-15
Resigned
LOGAN, William Bruce→
director · ~85y · resigned 2006-08-21
Resigned
MACDONALD, Stuart, Dr→
director · ~78y · appointed 1998-12-15 · resigned 2000-12-31
Resigned
METZSTEIN, Isi→
director · ~98y · resigned 2002-01-31
Resigned
MOORHOUSE, John Edwin→
director · ~85y · appointed 1991-04-05 · resigned 1996-04-30
Resigned
MULVAGH, George Young→
director · ~87y · appointed 1992-02-11 · resigned 2007-04-25
Resigned
PARR, James→
director · ~97y · resigned 2007-12-13
Resigned

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

Recent filings (150 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-08-02
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2022-06-14
gazette-notice-voluntary
gazette · GAZ1(A)
2022-05-17
dissolution-application-strike-off-company
dissolution · DS01
2022-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-01-25