HERITAGE I.T. LIMITED
⚰️Wound downdissolved
SC192876 · ltd · incorporated 1999-01-27
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
58/100
Worth a look
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 70/100. 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 (65/100).
Data confidence
Overall: low (47/100)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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
60
Some acquirability indicators.
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 (35 events)Click to expand
- 2014-08-22📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-08-22🏁Company dissolved
- 2014-05-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-04-17📄dissolution-application-strike-off-companydissolution · DS01
- 2014-02-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-02-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-11-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-02-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-03-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-03-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-07-01📄legacycapital · 88(2)
- 2009-01-27📄legacyannual-return · 363a
- 2008-09-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-03-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-01-30📄legacyannual-return · 363a
- 2007-02-06📄legacyannual-return · 363a
- 2006-09-14📄legacyofficers · 288a
- 2006-09-14📄legacyofficers · 288b
- 2006-09-13➕BROWN, Nicola appointedsecretary
- 2006-09-12➖MACDONALD, Sean resignedsecretary
- 2006-09-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-03-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-02-07📄legacyannual-return · 363a
- 1999-05-28➕CAPALDI, Mark appointeddirector
- 1999-05-28➕MACDONALD, Sean appointedsecretary
- 1999-05-28➖REID, Brian resignednominee-secretary
- 1999-05-28➖MABBOTT, Stephen resignednominee-director
- 1999-01-27🏢Company incorporatedAs HERITAGE I.T. LIMITED
- 1999-01-27➕REID, Brian appointednominee-secretary
- 1999-01-27➕MABBOTT, Stephen appointednominee-director
Owner dependency
85/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-08-22
🔒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 · Technology · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 ALFA BRAVO COMMUNICATIONS LIMITED→ SC636382 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2QQ LIMITED→ SC649962 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3-56 MEDIA LIMITED→ SC413110 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 6AUM CONSULTING LIMITED→ SC732727 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 80TWENTY TECHNOLOGY LTD→ SC884682 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 99 VENTURES LTD→ SC400733 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABEL & CO SERVICES LTD→ SC333097 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ACEIT CONSULTANCY LIMITED→ SC572172 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACTING UP LIMITED→ SC211404 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACTUAL SOUND LABEL LIMITED→ SC861114 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTUATE IT LIMITED→ SC328163 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ACUMEN BUSINESS SOLUTIONS LIMITED→ SC370042 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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 →🔒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
Incorporated1999-01-27
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities
Registered office
57/6 Northfield Broadway
Edinburgh
Midlothian
EH8 7PN
Filing status
Accounts
Next due: —
Last made up to: 2013-05-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
Active
CAPALDI, Mark→
Activedirector · ~55y · appointed 1999-05-28
View their other companies + combined net worth →
MACDONALD, Sean→
Resignedsecretary · appointed 1999-05-28 · resigned 2006-09-12
REID, Brian→
Resignednominee-secretary · appointed 1999-01-27 · resigned 1999-05-28
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1999-01-27 · resigned 1999-05-28
Click a director name to see their full track record across all companies.
Recent filings (45 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-08-22
gazette-notice-voluntary
gazette · GAZ1(A)
2014-05-02
dissolution-application-strike-off-company
dissolution · DS01
2014-04-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-02-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-11-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-12-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-09-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-03-10
change-person-director-company-with-change-date
officers · CH01
2010-03-10
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-11-18
legacy
capital · 88(2)
2009-07-01