OLOROSO LIMITED

⚰️Wound downdissolved
SC208116 · ltd · incorporated 2000-06-14
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
45/100
Watch
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 52/100. Strong seller-intent signal (63/100, director aged 55). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (43/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 24.9y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 24.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (50/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 3 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
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 (48 events)Click to expand
  1. 2015-04-17
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-04-17
    🏁
    Company dissolved
  3. 2014-12-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2014-12-16
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2014-09-17
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  6. 2014-09-17
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2014-09-17
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2014-09-01
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  9. 2014-08-08
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  10. 2014-07-24
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  11. 2014-07-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2014-07-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-06-27
    1924 NOMINEES LTD resigned
    corporate-secretary
  14. 2013-09-26
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  15. 2013-09-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-07-11
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  17. 2013-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-07-01
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  19. 2013-06-25
    ⚠️
    legacy
    insolvency · CAP-SS
  20. 2013-06-25
    📄
    legacy
    capital · SH20
  21. 2013-06-25
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2013-04-25
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  23. 2013-04-25
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  24. 2012-08-07
    📄
    legacy
    mortgage · MG03s
  25. 2012-08-07
    🔓
    Charge satisfied #3
  26. 2012-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  27. 2012-05-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2011-06-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2008-07-28
    MCMORROW, Frank Anthony resigned
    secretary
  30. 2008-07-28
    1924 NOMINEES LTD appointed
    corporate-secretary
  31. 2008-04-30
    MCMORROW, Frank Anthony resigned
    director
  32. 2006-08-18
    🔓
    Charge satisfied #2
  33. 2006-06-12
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  34. 2005-12-31
    MCMORROW, Frank Anthony appointed
    secretary
  35. 2005-12-31
    QUEENSFERRY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  36. 2003-10-29
    MCMORROW, Frank Anthony appointed
    director
  37. 2003-02-06
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  38. 2003-01-30
    🔓
    Charge satisfied #1
  39. 2002-03-23
    SHANKEY, James resigned
    director
  40. 2001-06-04
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  41. 2001-02-01
    SINGH, Tony Rajinder appointed
    director
  42. 2000-07-12
    QUEENSFERRY FORMATIONS LIMITED resigned
    corporate-nominee-director
  43. 2000-07-12
    QUEENSFERRY REGISTRATIONS LIMITED resigned
    corporate-nominee-director
  44. 2000-07-11
    SHANKEY, James appointed
    director
  45. 2000-06-14
    🏢
    Company incorporated
    As OLOROSO LIMITED
  46. 2000-06-14
    QUEENSFERRY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  47. 2000-06-14
    QUEENSFERRY FORMATIONS LIMITED appointed
    corporate-nominee-director
  48. 2000-06-14
    QUEENSFERRY REGISTRATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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 · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2015-04-17

2 insolvency-related filings on record
high

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

Evidence: 2014-09-17: legacy; 2013-06-25: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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 · Hospitality · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BETTY & GEORGE LTD
SC699212 · est 2021 · no financials extracted
4y
BISSETS SEAFOOD LTD
SC555887 · est 2017 · no financials extracted
9y
BLACK METAL BREWERY INT LTD
SC870007 · est 2025 · no financials extracted
BLACKET HOLDINGS LIMITED
SC766789 · est 2023 · no financials extracted
2y
BLUEBERRY (EDN) LTD
SC791391 · est 2023 · no financials extracted
2y
BM&S 92 LTD
SC782747 · est 2023 · no financials extracted
2y
BMB SCOTLAND LTD
SC767649 · est 2023 · no financials extracted
2y
BOMBAY BREWING LTD
SC842548 · est 2025 · no financials extracted
1y
BONHAM TOWNHOUSE LIMITED
SC872338 · est 2025 · no financials extracted
BONO COFFEE LIMITED
SC858922 · est 2025 · no financials extracted
BOOKS N' CUP LTD
SC747547 · est 2022 · no financials extracted
3y
BOOM BIRTHDAYS LTD
SC777433 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2000-06-14
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

2 Duddingston Crescent
Edinburgh
EH15 3AS

Filing status

Accounts
Next due:
Last made up to: 2012-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 7 resigned)

SINGH, Tony Rajinder
director · ~55y · appointed 2001-02-01
View their other companies + combined net worth →
Active
MCMORROW, Frank Anthony
secretary · appointed 2005-12-31 · resigned 2008-07-28
Resigned
1924 NOMINEES LTD
corporate-secretary · appointed 2008-07-28 · resigned 2014-06-27
Resigned
QUEENSFERRY SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2000-06-14 · resigned 2005-12-31
Resigned
MCMORROW, Frank Anthony
director · ~69y · appointed 2003-10-29 · resigned 2008-04-30
Resigned
SHANKEY, James
director · ~62y · appointed 2000-07-11 · resigned 2002-03-23
Resigned
QUEENSFERRY FORMATIONS LIMITED
corporate-nominee-director · appointed 2000-06-14 · resigned 2000-07-12
Resigned
QUEENSFERRY REGISTRATIONS LIMITED
corporate-nominee-director · appointed 2000-06-14 · resigned 2000-07-12
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property12/06/200607/08/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property06/02/200318/08/2006
satisfied
Barclays
Barclays Bank PLC
Floating charge1 property04/06/200130/01/2003

Recent filings (87 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-04-17
gazette-notice-voluntary
gazette · GAZ1(A)
2014-12-26
dissolution-application-strike-off-company
dissolution · DS01
2014-12-16
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2014-09-17
resolution
resolution · RESOLUTIONS
2014-09-17
legacy
insolvency · CAP-SS
2014-09-17
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2014-09-01
gazette-notice-voluntary
gazette · GAZ1(A)
2014-08-08
dissolution-application-strike-off-company
dissolution · DS01
2014-07-24
termination-secretary-company-with-name-termination-date
officers · TM02
2014-07-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-11
change-registered-office-address-company-with-date-old-address
address · AD01
2013-09-26
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-25
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2013-07-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-01