HIGHLANDS AND ISLANDS ARTS LIMITED

⚰️Wound downdissolved

SC127348 · private-limited-guarant-nsc · incorporated 1990-09-17

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

52/100

Worth a look

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What this business does

Primary activity: Support activities to performing arts

Sector: Arts, entertainment & recreation

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 50/100. 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: 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.

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

38 officers (9 active, 38 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

8 connected companies via shared directors

Filing history

122 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

52/100Worth 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

Multiple red flags — proceed with caution.

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 (94 events)Click to expand

2014-09-10
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2014-09-10
🏁
Company dissolved
2014-06-10
⚠️
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2014-06-10
⚠️
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2013-07-17
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2013-07-17
📄
resolution
resolution · RESOLUTIONS
2013-05-28
📄
appoint-person-director-company-with-name
officers · AP01
2013-01-31
📄
accounts-with-accounts-type-full
accounts · AA
2013-01-29
📄
appoint-person-director-company-with-name
officers · AP01
2012-11-01
➕
SUTHERLAND, Neil Gordon appointed
director
2012-10-30
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2012-09-03
➕
BOAL, Kathleen appointed
director
2012-09-03
📄
appoint-person-director-company-with-name
officers · AP01
2012-01-18
📄
change-person-director-company-with-change-date
officers · CH01
2011-12-30
📄
accounts-with-accounts-type-full
accounts · AA
2011-12-07
➕
GRAHAM, Douglas Riddle Ross appointed
director
2011-10-31
📄
change-person-director-company-with-change-date
officers · CH01
2011-09-30
➖
BRUCE, Andrew Roderick Maclean resigned
director
2011-09-30
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2011-09-30
📄
termination-director-company-with-name
officers · TM01
2011-05-17
📄
appoint-person-director-company-with-name
officers · AP01
2011-05-17
📄
termination-director-company-with-name
officers · TM01
2011-04-04
➖
BALLANTYNE, Grainne Bridget resigned
director
2010-12-10
📄
accounts-with-accounts-type-full
accounts · AA
2010-10-19
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2010-10-19
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2010-10-19
📄
change-person-director-company-with-change-date
officers · CH01
2010-05-26
📄
termination-director-company-with-name
officers · TM01
2010-05-19
📄
termination-director-company-with-name
officers · TM01
2010-05-18
📄
termination-director-company-with-name
officers · TM01
2010-05-05
➕
DUNSMORE, Robert Dewar appointed
director
2010-05-05
📄
appoint-person-director-company-with-name
officers · AP01
2010-03-15
➕
GIBBS, Aiden Joseph Merry appointed
director
2010-03-14
➕
BALLANTYNE, Grainne Bridget appointed
director
2010-03-10
➖
SHEADHRA, Brian resigned
director
2010-02-28
➖
BLACKIE, Sharon, Dr resigned
director
2010-02-28
➖
PIRNIE, David Barnes resigned
director
2009-10-18
➖
BLACK, Gwen resigned
director
2009-10-09
➖
STEVENSON, Anna-Wendy resigned
director
2009-04-01
➕
STEVENSON, Anna-Wendy appointed
director
2009-03-11
➕
BLACKIE, Sharon, Dr appointed
director
2009-02-20
➕
HOSKINS, Jack Gawn appointed
director
2008-12-01
➖
ZAJAC, Matthew David resigned
director
2008-07-23
➖
MURDOCH, Gillian Elizabeth resigned
director
2008-05-12
➕
BLACK, Gwen appointed
director
2008-05-12
➖
YEATS, Marc Kenneth resigned
director
2007-09-10
➕
GORDON, Iain Andrew appointed
director
2007-09-10
➕
SHEADHRA, Brian appointed
director
2007-05-14
➖
MACKENZIE, Louise resigned
director
2006-12-12
➖
STUART, Matthew Gordon resigned
director

Showing most recent 50 of 94 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

90/100

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.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 36 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

high

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

Evidence: Dissolved on 2014-09-10

3 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2014-09-10: gazette-dissolved-liquidation; 2014-06-10: 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 →

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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.

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🔒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.

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Company details

Statusdissolved

Typeprivate-limited-guarant-nsc

Incorporated1990-09-17

Jurisdictionscotland

Primary SIC90020 — Support activities to performing arts

Registered office

28 High Street

Nairn

Nairnshire

IV12 4AU

Filing status

Accounts

Next due: —

Last made up to: 2012-03-31

Confirmation statement

Next due: —

Last: —