WESTBURN FINANCE LIMITED

⚰️Wound downdissolved
SC137390 · ltd · incorporated 1992-03-26
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
61/100
Worth a look
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 70). 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 (73/100).

Data confidence

Overall: medium (55/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
75
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 (33 events)Click to expand
  1. 2020-09-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2020-09-22
    🏁
    Company dissolved
  3. 2020-05-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2020-05-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2019-03-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2018-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2016-11-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2016-04-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2016-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2015-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2015-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-03-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2014-10-31
    ➖
    STILL, Brian resigned
    director
  14. 2014-04-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-12-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-08-06
    📄
    capital-cancellation-shares
    capital · SH06
  17. 2013-08-06
    📄
    capital-return-purchase-own-shares
    capital · SH03
  18. 2013-07-25
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2013-07-19
    📄
    appoint-person-director-company-with-name
    officers · AP01
  20. 2013-07-16
    📄
    termination-director-company-with-name
    officers · TM01
  21. 2013-07-01
    ➕
    LOGAN, Kenneth appointed
    director
  22. 2013-06-30
    ➖
    MATHERS, Alexander Irvine resigned
    director
  23. 2013-05-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2013-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2011-07-04
    ➕
    WILLIAMS, Christopher Richard appointed
    director
  26. 2010-03-31
    ➖
    DUNCAN, Caroline Grace resigned
    director
  27. 2010-03-12
    ➖
    TAYLOR, Charles Menzies resigned
    director
  28. 2001-01-01
    ➕
    DUNCAN, Caroline Grace appointed
    director
  29. 1992-03-26
    🏢
    Company incorporated
    As WESTBURN FINANCE LIMITED
  30. 1992-03-26
    ➕
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  31. 1992-03-26
    ➕
    MATHERS, Alexander Irvine appointed
    director
  32. 1992-03-26
    ➕
    STILL, Brian appointed
    director
  33. 1992-03-26
    ➕
    TAYLOR, Charles Menzies appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

89/100
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 70 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 34 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 2020-09-22

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Richard Williams
Individual · British · DOB 12/1956 · age 70
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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
Typeltd
Incorporated1992-03-26
Jurisdictionscotland
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

100 Union Street
Aberdeen
AB10 1QR

Filing status

Accounts
Next due: —
Last made up to: 2018-06-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 4 resigned)

PETERKINS, SOLICITORS→
corporate-nominee-secretary · appointed 1992-03-26
View their other companies + combined net worth →
Active
LOGAN, Kenneth→
director · ~59y · appointed 2013-07-01
View their other companies + combined net worth →
Active
WILLIAMS, Christopher Richard→
director · ~70y · appointed 2011-07-04
View their other companies + combined net worth →
Active
DUNCAN, Caroline Grace→
director · ~68y · appointed 2001-01-01 · resigned 2010-03-31
Resigned
MATHERS, Alexander Irvine→
director · ~78y · appointed 1992-03-26 · resigned 2013-06-30
Resigned
STILL, Brian→
director · ~82y · appointed 1992-03-26 · resigned 2014-10-31
Resigned
TAYLOR, Charles Menzies→
director · ~74y · appointed 1992-03-26 · resigned 2010-03-12
Resigned

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

Recent filings (88 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-09-22
gazette-notice-voluntary
gazette · GAZ1(A)
2020-05-26
dissolution-application-strike-off-company
dissolution · DS01
2020-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-11-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-27