MOLISE LIMITED
- · Oldest live charge 33.3y old — refinance window within 12 months
Opportunity 52/100 (worth a look), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (63/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 33.3y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 33.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-02-28 | 2022-02-28 |
|---|---|---|
| Total assets | £375.2k | — |
| Current assets | £335.1k | — |
| Net assets | £335.2k | £0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (37 events)Click to expand
- 2024-09-17📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2024-09-17🏁Company dissolved
- 2024-07-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-06-24📄dissolution-application-strike-off-companydissolution · DS01
- 2024-06-17📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-06-17📄legacycapital · SH20
- 2024-06-17⚠️legacyinsolvency · CAP-SS
- 2024-06-17📄resolutionresolution · RESOLUTIONS
- 2024-06-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-11🔓Charge satisfied #3
- 2023-10-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-01➕SPENCE, Ross John appointeddirector
- 2021-02-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-19➕SPENCE, Greg Stewart appointeddirector
- 2021-02-19➖SPENCE, John Stewart resigneddirector
- 2020-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2008-05-05➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2008-05-05➖STRONACHS resignedcorporate-nominee-secretary
- 1998-08-04➖DONALD, Ian Richard resigneddirector
- 1998-08-04➖SPENCE, Sheila Elizabeth resigneddirector
- 1994-01-10🔓Charge satisfied #1
- 1993-11-29🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1993-11-26➕DONALD, Ian Richard appointeddirector
- 1993-01-14🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1992-06-29➖ALLAN, David Martin resigneddirector
- 1992-06-26➕SPENCE, John Stewart appointeddirector
- 1992-06-26➕SPENCE, Sheila Elizabeth appointeddirector
- 1992-03-12🏢Company incorporatedAs MOLISE LIMITED
- 1992-03-12➕STRONACHS appointedcorporate-nominee-secretary
- 1992-03-12➕ALLAN, David Martin appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-09-17
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-06-17: legacy
Group structure
Pitfodels Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Pitfodels Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Other · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLRIG LIMITED→ SC443569 · est 2013 | — | — | — | 300 | 13y | 87 | 50y |
| HARVEST MINISTRIES LIMITED→ SC390765 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 78y |
| THE BANFFSHIRE PARTNERSHIP LTD.→ SC201922 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 74y |
| FORBLAST LIMITED→ SC111830 · est 1988 · no financials extracted | — | — | — | — | 37y | 82 | 75y |
| G.F. FARQUHAR (FARMS) LIMITED→ SC250857 · est 2003 | — | — | £132.6k | — | 22y | 82 | 69y |
| GRAMPIAN SCAFFOLDING (HOLDINGS) LIMITED→ SC126534 · est 1990 | — | — | £30.6k | — | 35y | 82 | 76y |
| M. FERRAR & SONS (GLASGOW) LIMITED→ SC036274 · est 1961 · no financials extracted | — | — | — | — | 65y | 82 | 86y |
| ROADS PROJECT→ SC263629 · est 2004 | — | — | £302.2k | — | 22y | 82 | 80y |
| SCORE TURBINES LIMITED→ SC279851 · est 2005 · no financials extracted | — | — | — | — | 21y | 82 | 70y |
| ABERDEEN SEAFARERS CENTRE LIMITED→ SC348752 · est 2008 · no financials extracted | — | — | — | — | 17y | 81 | 79y |
| FETTERANGUS COMMUNITY ASSOCIATION→ SC342994 · est 2008 · no financials extracted | — | — | — | — | 18y | 81 | 66y |
| REVIVE COMMUNITY CHURCH→ SC277902 · est 2005 | — | — | £262.3k | — | 21y | 81 | 69y |
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 →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
Registered office
Filing status
Officers (0 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 29/11/1993 | 11/06/2024 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 14/01/1993 | 10/01/1994 |