SIMON KENNEDY LIGHTS LIMITED
⚰️Wound downdissolved
SC224516 · ltd · incorporated 2001-10-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
48/100
Watch
What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 48/100 (watch), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (35/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 23.8y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (48/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
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
49
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 (35 events)Click to expand
- 2010-06-05⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-06-05🏁Company dissolved
- 2010-03-05⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2008-10-30⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2008-10-30⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2008-10-30⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2008-10-17📄gazette-notice-compulsorygazette · GAZ1
- 2008-05-16📍legacyaddress · 287
- 2008-04-29📍legacyaddress · 287
- 2008-01-28📄legacyannual-return · 363a
- 2007-09-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-11-13📄legacyannual-return · 363a
- 2006-06-22📄legacyofficers · 288a
- 2006-06-22📄legacycapital · 88(2)R
- 2006-06-22📄legacycapital · 88(2)R
- 2006-06-22📄legacycapital · 122
- 2006-06-22📄resolutionresolution · RESOLUTIONS
- 2006-06-22📄resolutionresolution · RESOLUTIONS
- 2006-06-22📄resolutionresolution · RESOLUTIONS
- 2006-06-22📄resolutionresolution · RESOLUTIONS
- 2006-06-20➕PATTERSON, Stephen James appointeddirector
- 2006-06-19📄legacyofficers · 288b
- 2006-06-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-01-10📄legacyannual-return · 363a
- 2005-06-02📄resolutionresolution · RESOLUTIONS
- 2005-06-02📄resolutionresolution · RESOLUTIONS
- 2005-06-02📄resolutionresolution · RESOLUTIONS
- 2002-06-16🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2001-11-01➕KENNEDY, Julia Elizabeth appointedsecretary
- 2001-11-01➕KENNEDY, Simon Ruari appointeddirector
- 2001-11-01➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
- 2001-11-01➖DURANO LIMITED resignedcorporate-nominee-director
- 2001-10-24🏢Company incorporatedAs SIMON KENNEDY LIGHTS LIMITED
- 2001-10-24➕LEDINGHAM CHALMERS appointedcorporate-nominee-secretary
- 2001-10-24➕DURANO LIMITED appointedcorporate-nominee-director
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "KENNEDY" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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 2010-06-05
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-06-05: gazette-dissolved-liquidation; 2010-03-05: liquidation-compulsory-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.
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| ACCESS BUSINESS SERVICES (EDINBURGH) LIMITED→ SC457422 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCOUNTANCY SCOTLAND (BORDERS) LIMITED→ SC699121 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCOUNTANCY SCOTLAND (PERTH AND KINROSS) LIMITED→ SC678737 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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| ACCOUNTANTS PL LTD→ SC552385 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACGT LIMITED→ SC827482 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| ACTM HOLDINGS LIMITED→ SC555738 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACUMEN (SCOTLAND) LIMITED→ SC238211 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ADAM ADVISORY ASSOCIATES LIMITED→ SC772472 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMSON MUCKETT LIMITED→ SC611343 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADD ACCOUNTING SOLUTIONS LIMITED→ SC575625 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2001-10-24
Jurisdictionscotland
Primary SIC7487 — SIC 7487
Registered office
C/O Begbies Traynor Atholl Exchange
6 Canning Street
Edinburgh
EH3 8EG
Filing status
Accounts
Next due: —
Last made up to: 2006-10-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
KENNEDY, Julia Elizabeth→
Activesecretary · appointed 2001-11-01
View their other companies + combined net worth →
KENNEDY, Simon Ruari→
Activedirector · ~50y · appointed 2001-11-01
View their other companies + combined net worth →
PATTERSON, Stephen James→
Activedirector · ~48y · appointed 2006-06-20
View their other companies + combined net worth →
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 2001-10-24 · resigned 2001-11-01
DURANO LIMITED→
Resignedcorporate-nominee-director · appointed 2001-10-24 · resigned 2001-11-01
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 16/06/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (48 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-06-05
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2010-03-05
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2008-10-30
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2008-10-30
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2008-10-30
gazette-notice-compulsory
gazette · GAZ1
2008-10-17
legacy
address · 287
2008-05-16
legacy
address · 287
2008-04-29
legacy
annual-return · 363a
2008-01-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-09-05
legacy
annual-return · 363a
2006-11-13
legacy
officers · 288a
2006-06-22
legacy
capital · 88(2)R
2006-06-22
legacy
capital · 88(2)R
2006-06-22
legacy
capital · 122
2006-06-22