SECOND ALLIANCE LEASING LIMITED
⚰️Wound downdissolved
SC138510 · ltd · incorporated 1992-05-27
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
What this business does
Primary activity: Financial leasing
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 50/100. Strong seller-intent signal (65/100, director aged 59). 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 (52/100)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
24 officers (3 active, 24 linked, 15 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (72 events)Click to expand
- 2016-12-22⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-12-22🏁Company dissolved
- 2016-09-22⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2015-09-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-09-25📄resolutionresolution · RESOLUTIONS
- 2015-06-02📄accounts-with-accounts-type-fullaccounts · AA
- 2015-03-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-05-12📄accounts-with-accounts-type-fullaccounts · AA
- 2014-03-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-05📄accounts-with-accounts-type-fullaccounts · AA
- 2013-03-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-18📄change-person-director-company-with-change-dateofficers · CH01
- 2012-05-09📄accounts-with-accounts-type-fullaccounts · AA
- 2012-03-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-10-14📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2011-07-04📄miscellaneousmiscellaneous · MISC
- 2011-06-09📄accounts-with-accounts-type-fullaccounts · AA
- 2011-03-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-05-27📄accounts-with-accounts-type-fullaccounts · AA
- 2010-03-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-29📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-09📄appoint-person-director-company-with-nameofficers · AP01
- 2010-02-01➕TROTTER, Alan John appointeddirector
- 2009-10-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2009-06-25📄accounts-with-accounts-type-fullaccounts · AA
- 2009-05-29📍legacyaddress · 287
- 2009-04-30➖DEARDS, David Alun resigneddirector
- 2008-08-29➕GARRETT-COX, Katherine Lucy appointeddirector
- 2008-08-29➖HARDEN, Alan Jerry resigneddirector
- 2008-03-05➖POPE, Janet Edna resigneddirector
- 2007-01-19➕POPE, Janet Edna appointeddirector
- 2006-09-09➖YOUNG, Alan Michael Walker resigneddirector
- 2006-07-31➖RUCKLEY, Sheila Monica resigneddirector
- 2006-07-10➕MCPHERSON, Donald James appointedsecretary
- 2006-05-31➖GODDARD, Ian Lester resignedsecretary
- 2004-01-01➕HARDEN, Alan Jerry appointeddirector
- 2003-12-31➖SUGGETT, Gavin Robert resigneddirector
- 2003-01-08➕DEARDS, David Alun appointeddirector
- 2000-11-29➕GODDARD, Ian Lester appointedsecretary
- 2000-11-29➖RUCKLEY, Sheila Monica resignedsecretary
- 2000-11-29➕RUCKLEY, Sheila Monica appointeddirector
- 1998-08-14➖DOBIE, Alisdair John resignedsecretary
- 1998-08-14➕RUCKLEY, Sheila Monica appointedsecretary
- 1997-03-07➕DOBIE, Alisdair John appointedsecretary
- 1997-03-07➖RUCKLEY, Sheila Monica resignedsecretary
- 1996-10-24➕RUCKLEY, Sheila Monica appointedsecretary
- 1996-10-24➖STRACHAN, Morag Ann resignedsecretary
- 1996-04-25➖RUCKLEY, Sheila Monica resignedsecretary
- 1996-04-25➕STRACHAN, Morag Ann appointedsecretary
Showing most recent 50 of 72 events
Owner dependency
76/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-12-22
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-12-22: gazette-dissolved-liquidation; 2016-09-22: 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 · Financial services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRAVO (DRINKS) LIMITED→ SC669698 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BREICH BUILDING COMPANY LIMITED→ SC442841 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BRIDGEPOINT EUROPE (SGP) LTD→ SC332267 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BRIDGEPOINT EUROPE IV FP (GP) LIMITED→ SC330160 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BRIDGEPOINT PRIVATE EQUITY (SPAIN) FP GP LIMITED→ SC867986 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BURNETT FINANCIAL SERVICES LIMITED→ SC392373 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| BUSINESS ANGELS LTD→ SC781782 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CANINVEST LIMITED→ SC694846 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CASTLE OPERATIONS LTD→ SC381111 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CC ADVISER LTD→ SC805857 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CHANROSSA GROUP LIMITED→ SC499950 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CHOOSE WASTE LIMITED→ SC834774 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1992-05-27
Jurisdictionscotland
Primary SIC64910 — Financial leasing
Registered office
KPMG LLP
Saltire Court 20 Castle Terrace
Edinburgh
EH1 2EG
Filing status
Accounts
Next due: —
Last made up to: 2014-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 21 resigned)
MCPHERSON, Donald James→
Activesecretary · appointed 2006-07-10
View their other companies + combined net worth →
GARRETT-COX, Katherine Lucy→
Activedirector · ~59y · appointed 2008-08-29
View their other companies + combined net worth →
TROTTER, Alan John→
Activedirector · ~58y · appointed 2010-02-01
View their other companies + combined net worth →
DOBIE, Alisdair John→
Resignedsecretary · appointed 1997-03-07 · resigned 1998-08-14
GODDARD, Ian Lester→
Resignedsecretary · appointed 2000-11-29 · resigned 2006-05-31
RUCKLEY, Sheila Monica→
Resignedsecretary · appointed 1998-08-14 · resigned 2000-11-29
RUCKLEY, Sheila Monica→
Resignedsecretary · appointed 1996-10-24 · resigned 1997-03-07
RUCKLEY, Sheila Monica→
Resignedsecretary · appointed 1992-07-08 · resigned 1996-04-25
STRACHAN, Morag Ann→
Resignedsecretary · appointed 1996-04-25 · resigned 1996-10-24
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-secretary · appointed 1992-05-27 · resigned 1992-07-08
BLAKE, Christopher, Professor→
Resigneddirector · ~100y · appointed 1992-07-17 · resigned 1993-06-04
BOLTON, Lyndon→
Resigneddirector · ~89y · appointed 1992-07-08 · resigned 1995-04-30
COUTTS, Maureen Sheila→
Resignednominee-director · appointed 1992-05-27 · resigned 1992-07-08
DEARDS, David Alun→
Resigneddirector · ~66y · appointed 2003-01-08 · resigned 2009-04-30
HARDEN, Alan Jerry→
Resigneddirector · ~68y · appointed 2004-01-01 · resigned 2008-08-29
HARDIE, David→
Resignednominee-director · ~72y · appointed 1992-05-27 · resigned 1992-07-08
HARDIE, Douglas Fleming, Sir→
Resigneddirector · ~103y · appointed 1992-07-17 · resigned 1993-06-04
JOHNSTON, Bruce William Mclaren→
Resigneddirector · ~87y · appointed 1992-07-17 · resigned 1993-06-04
POPE, Janet Edna→
Resigneddirector · ~66y · appointed 2007-01-19 · resigned 2008-03-05
RUCKLEY, Sheila Monica→
Resigneddirector · ~77y · appointed 2000-11-29 · resigned 2006-07-31
Click a director name to see their full track record across all companies.
Recent filings (128 total)
gazette-dissolved-liquidation
gazette · GAZ2
2016-12-22
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2016-09-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-09-25
resolution
resolution · RESOLUTIONS
2015-09-25
accounts-with-accounts-type-full
accounts · AA
2015-06-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-19
accounts-with-accounts-type-full
accounts · AA
2014-05-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-11
accounts-with-accounts-type-full
accounts · AA
2013-04-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-25
change-person-director-company-with-change-date
officers · CH01
2012-10-18
accounts-with-accounts-type-full
accounts · AA
2012-05-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-03-27
change-account-reference-date-company-current-shortened
accounts · AA01
2011-10-14
miscellaneous
miscellaneous · MISC
2011-07-04