MACROCOM (422) LIMITED

⚰️Wound downliquidation
SC175885 · ltd · incorporated 1997-05-28
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
36/100
Watch
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Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 36/100 (watch), bankability 20/100. Strong seller-intent signal (78/100, director aged 76). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
36/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
80
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 (32 events)Click to expand
  1. 2004-05-04
    📄
    resolution
    resolution · RESOLUTIONS
  2. 1999-03-25
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  3. 1998-10-22
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  4. 1997-10-16
    📄
    legacy
    capital · 88(3)
  5. 1997-10-16
    📄
    legacy
    capital · 88(2)R
  6. 1997-10-08
    📄
    resolution
    resolution · RESOLUTIONS
  7. 1997-10-08
    📄
    resolution
    resolution · RESOLUTIONS
  8. 1997-10-08
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  9. 1997-10-08
    📄
    resolution
    resolution · RESOLUTIONS
  10. 1997-09-30
    ⚠️
    liquidation-voluntary-declaration-of-solvency-scotland
    insolvency · 4.25(Scot)
  11. 1997-09-30
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  12. 1997-09-30
    📄
    resolution
    resolution · RESOLUTIONS
  13. 1997-09-30
    📄
    legacy
    officers · 288b
  14. 1997-09-24
    📄
    resolution
    resolution · RESOLUTIONS
  15. 1997-09-24
    📄
    resolution
    resolution · RESOLUTIONS
  16. 1997-09-24
    📄
    resolution
    resolution · RESOLUTIONS
  17. 1997-09-24
    📄
    legacy
    capital · 123
  18. 1997-09-24
    📄
    legacy
    officers · 288b
  19. 1997-09-24
    📄
    legacy
    officers · 288a
  20. 1997-09-24
    📄
    legacy
    officers · 288a
  21. 1997-09-24
    📍
    legacy
    address · 287
  22. 1997-09-22
    GAMBLE, Derek appointed
    secretary
  23. 1997-09-22
    GAMBLE, Derek appointed
    director
  24. 1997-09-22
    TOSH, William appointed
    director
  25. 1997-09-22
    FLINT, David resigned
    nominee-secretary
  26. 1997-09-22
    DICKSON, Ian resigned
    nominee-director
  27. 1997-09-22
    FLINT, David resigned
    nominee-director
  28. 1997-05-28
    🏢
    Company incorporated
    As MACROCOM (422) LIMITED
  29. 1997-05-28
    FLINT, David appointed
    nominee-secretary
  30. 1997-05-28
    DICKSON, Ian appointed
    nominee-director
  31. 1997-05-28
    FLINT, David appointed
    nominee-director
  32. 1997-05-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
Critical — business is the founder

The 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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

91/100
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 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 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2000-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-06-11

Company in liquidation
high

Company is actively being wound up. Not a going concern.

4 insolvency-related filings on record
high

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

Evidence: 1999-03-25: liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland; 1998-10-22: liquidation-voluntary-liquidators-statement-of-receipts-payments-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

12 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.

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Company details

Statusliquidation
Typeltd
Incorporated1997-05-28
Jurisdictionscotland
Primary SIC

Registered office

135 Buchanan Street
Glasgow
G1 2JA

Filing status

Accounts
Next due: 2000-03-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2017-06-11OVERDUE
Last:

Officers (3 active · 3 resigned)

GAMBLE, Derek
secretary · appointed 1997-09-22
View their other companies + combined net worth →
Active
GAMBLE, Derek
director · ~64y · appointed 1997-09-22
View their other companies + combined net worth →
Active
TOSH, William
director · ~76y · appointed 1997-09-22
View their other companies + combined net worth →
Active
FLINT, David
nominee-secretary · appointed 1997-05-28 · resigned 1997-09-22
Resigned
DICKSON, Ian
nominee-director · ~76y · appointed 1997-05-28 · resigned 1997-09-22
Resigned
FLINT, David
nominee-director · ~71y · appointed 1997-05-28 · resigned 1997-09-22
Resigned

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

Recent filings (22 total)

resolution
resolution · RESOLUTIONS
2004-05-04
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1999-03-25
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1998-10-22
legacy
capital · 88(3)
1997-10-16
legacy
capital · 88(2)R
1997-10-16
resolution
resolution · RESOLUTIONS
1997-10-08
resolution
resolution · RESOLUTIONS
1997-10-08
memorandum-articles
incorporation · MEM/ARTS
1997-10-08
resolution
resolution · RESOLUTIONS
1997-10-08
liquidation-voluntary-declaration-of-solvency-scotland
insolvency · 4.25(Scot)
1997-09-30
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
1997-09-30
resolution
resolution · RESOLUTIONS
1997-09-30
legacy
officers · 288b
1997-09-30
resolution
resolution · RESOLUTIONS
1997-09-24
resolution
resolution · RESOLUTIONS
1997-09-24