TC NIGHTCLUBS LIMITED
⚰️Wound downdissolved
SC112078 · ltd · incorporated 1988-07-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 35.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: SIC 9234
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 60/100. Strong seller-intent signal (78/100, director aged 76). Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 35.8y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 35.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
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
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 12 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
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
0
filings
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
- 2013-09-25⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-09-25🏁Company dissolved
- 2013-06-25⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2011-01-19📄resolutionresolution · RESOLUTIONS
- 2011-01-17📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-09-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-03📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2009-10-23📄accounts-with-accounts-type-fullaccounts · AA
- 2009-09-02📄legacyannual-return · 363a
- 2009-01-28📄legacyofficers · 288a
- 2009-01-28📄legacyofficers · 288b
- 2009-01-26➕DIPPIE, John Alexander appointeddirector
- 2009-01-26➖BOYD, Douglas Turner resigneddirector
- 2008-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2008-09-26📄legacyannual-return · 363a
- 2008-09-26📄legacyofficers · 288c
- 2007-10-23📄accounts-with-accounts-type-fullaccounts · AA
- 2007-10-09📍legacyaddress · 287
- 2007-09-27📄legacyannual-return · 363s
- 2006-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2006-09-22📄legacyannual-return · 363s
- 2005-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2005-09-23📄legacyannual-return · 363s
- 2004-10-20📄accounts-with-accounts-type-fullaccounts · AA
- 2004-09-22📍legacyaddress · 287
- 2004-09-22📄legacyannual-return · 363s
- 2004-09-22📄legacyannual-return · 363(287)
- 2003-12-02📄legacymortgage · 419a(Scot)
- 2003-12-02🔓Charge satisfied #1
- 2001-12-17➕TAYLOR CLARK LIMITED appointedcorporate-secretary
- 2001-12-17➖MACKENZIE, Gavin resignedsecretary
- 2001-12-17➖FARQUHARSON, Ronald resigneddirector
- 2001-12-17➖MACKENZIE, Gavin resigneddirector
- 2000-03-31➖LOUGHRAY, John Forsyth resigneddirector
- 1999-04-01➕MACKENZIE, Gavin appointeddirector
- 1998-06-24➕FARQUHARSON, Ronald appointeddirector
- 1998-06-02➕BOYD, Douglas Turner appointeddirector
- 1998-01-23➖CARTER, George Paterson resignedsecretary
- 1998-01-23➕MACKENZIE, Gavin appointedsecretary
- 1998-01-23➖CARTER, George Paterson resigneddirector
- 1997-04-01➕LOUGHRAY, John Forsyth appointeddirector
- 1997-04-01➖PERRINS, Peter Leslie resigneddirector
- 1997-03-18➖AIKENHEAD, Stuart resigneddirector
- 1994-07-28➕CARTER, George Paterson appointeddirector
- 1994-04-25➕AIKENHEAD, Stuart appointeddirector
- 1992-06-05➕HARVEY, Reginald John appointeddirector
- 1992-06-05➖AIKENHEAD, Stuart resigneddirector
- 1992-05-31➖SWILINSKI, Michael resigneddirector
- 1991-10-16➕CARTER, George Paterson appointedsecretary
- 1991-10-16➖PERRINS, Peter Leslie resignedsecretary
Showing most recent 50 of 53 events
Owner dependency
83/100
Critical — business is the founderThe 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 34 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 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 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-09-25
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-09-25: gazette-dissolved-liquidation; 2013-06-25: liquidation-voluntary-return-of-final-meeting-scotland
🔒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
Active · Leisure & entertainment · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ART CLUB EDINBURGH LIMITED→ SC806660 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ASSEMBLY FESTIVAL LIMITED→ SC464585 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ASSEMBLY THEATRE LIMITED→ SC092088 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| ATHLETE FOCUSED EDINBURGH LTD→ SC789996 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AUGMENTED FITNESS LTD→ SC750474 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AYLI FESTIVALS ASIA LTD→ SC881310 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BALMORAL CHAUFFEUR DRIVE LTD→ SC856000 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BALTIC SISTERS LIMITED→ SC863355 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BASE RECOVERY LIMITED→ SC871819 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BATHGATE PROCESSION AND COMMUNITY FESTIVAL C.I.C.→ SC466415 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BATTLE TRADERS (1745) LIMITED→ SC267074 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BAXTER TRAVEL LTD→ SC351704 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated1988-07-01
Jurisdictionscotland
Primary SIC9234 — SIC 9234
Registered office
Saltire Court
20 Castle Terrace
Edinburgh
EH1 2EG
Filing status
Accounts
Next due: —
Last made up to: 2009-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 13 resigned)
TAYLOR CLARK LIMITED→
Activecorporate-secretary · appointed 2001-12-17
View their other companies + combined net worth →
DIPPIE, John Alexander→
Activedirector · ~73y · appointed 2009-01-26
View their other companies + combined net worth →
HARVEY, Reginald John→
Activedirector · ~76y · appointed 1992-06-05
View their other companies + combined net worth →
CARTER, George Paterson→
Resignedsecretary · appointed 1991-10-16 · resigned 1998-01-23
MACKENZIE, Gavin→
Resignedsecretary · appointed 1998-01-23 · resigned 2001-12-17
PERRINS, Peter Leslie→
Resignedsecretary · resigned 1991-10-16
AIKENHEAD, Stuart→
Resigneddirector · ~68y · appointed 1994-04-25 · resigned 1997-03-18
AIKENHEAD, Stuart→
Resigneddirector · ~68y · resigned 1992-06-05
BOYD, Douglas Turner→
Resigneddirector · ~87y · appointed 1998-06-02 · resigned 2009-01-26
CARTER, George Paterson→
Resigneddirector · ~72y · appointed 1994-07-28 · resigned 1998-01-23
FARQUHARSON, Ronald→
Resigneddirector · ~68y · appointed 1998-06-24 · resigned 2001-12-17
LOUGHRAY, John Forsyth→
Resigneddirector · ~92y · appointed 1997-04-01 · resigned 2000-03-31
MACKENZIE, Charles Kerr Logan→
Resigneddirector · ~89y · resigned 1991-10-04
MACKENZIE, Gavin→
Resigneddirector · ~58y · appointed 1999-04-01 · resigned 2001-12-17
PERRINS, Peter Leslie→
Resigneddirector · ~77y · resigned 1997-04-01
SWILINSKI, Michael→
Resigneddirector · ~67y · resigned 1992-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 20/07/1990 | 02/12/2003 |
Recent filings (105 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-09-25
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2013-06-25
resolution
resolution · RESOLUTIONS
2011-01-19
change-registered-office-address-company-with-date-old-address
address · AD01
2011-01-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-03
change-corporate-secretary-company-with-change-date
officers · CH04
2010-09-03
accounts-with-accounts-type-full
accounts · AA
2009-10-23
legacy
annual-return · 363a
2009-09-02
legacy
officers · 288a
2009-01-28
legacy
officers · 288b
2009-01-28
accounts-with-accounts-type-full
accounts · AA
2008-09-30
legacy
annual-return · 363a
2008-09-26
legacy
officers · 288c
2008-09-26
accounts-with-accounts-type-full
accounts · AA
2007-10-23
legacy
address · 287
2007-10-09