X-IT ENERGY SERVICES LIMITED

⚰️Wound downdissolved
SC230793 · ltd · incorporated 2002-04-25
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 18.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 80/100. 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 18.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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. 2016-12-27
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2016-12-27
    🏁
    Company dissolved
  3. 2016-10-11
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2016-10-03
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2016-05-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2016-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2016-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2016-05-01
    ➕
    JORANGER, Espen appointed
    director
  9. 2016-05-01
    ➖
    BAUSCH, Hans-Christoph resigned
    director
  10. 2015-09-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2015-05-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2014-09-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2014-04-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-02-10
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2014-01-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2014-01-22
    📄
    termination-director-company-with-name
    officers · TM01
  17. 2013-12-31
    ➖
    HAALAND, Rolf Egil resigned
    director
  18. 2013-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2013-08-05
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  20. 2013-07-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2013-05-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2013-05-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2013-01-16
    📄
    appoint-corporate-secretary-company-with-name
    officers · AP04
  24. 2013-01-16
    📄
    termination-secretary-company-with-name
    officers · TM02
  25. 2013-01-15
    ➕
    BURNESS PAULL LLP appointed
    corporate-secretary
  26. 2013-01-15
    ➖
    PAULL & WILLIAMSONS LLP resigned
    corporate-secretary
  27. 2012-10-09
    📄
    appoint-person-director-company-with-name
    officers · AP01
  28. 2012-10-09
    📄
    appoint-person-director-company-with-name
    officers · AP01
  29. 2012-10-09
    📄
    termination-director-company-with-name
    officers · TM01
  30. 2012-10-09
    📄
    termination-director-company-with-name
    officers · TM01
  31. 2012-09-19
    ➕
    BOUTHILLETTE, Maxime Louis appointed
    director
  32. 2012-09-19
    ➕
    BAUSCH, Hans-Christoph appointed
    director
  33. 2012-09-19
    ➖
    BETHUELSEN, Lars resigned
    director
  34. 2012-09-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  35. 2012-07-09
    ➖
    HOLMAN, Gary resigned
    director
  36. 2012-04-04
    ➕
    PAULL & WILLIAMSONS LLP appointed
    corporate-secretary
  37. 2012-04-04
    ➕
    BETHUELSEN, Lars appointed
    director
  38. 2012-04-04
    ➕
    HAALAND, Rolf Egil appointed
    director
  39. 2012-04-04
    ➕
    HOLMAN, Gary appointed
    director
  40. 2012-04-04
    ➖
    NEFF, Michael Claude resigned
    director
  41. 2012-04-02
    ➖
    DEY, Ian George resigned
    secretary
  42. 2012-02-25
    🔓
    Charge satisfied #1
  43. 2007-08-15
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  44. 2002-04-25
    🏢
    Company incorporated
    As X-IT ENERGY SERVICES LIMITED
  45. 2002-04-25
    ➕
    DEY, Ian George appointed
    secretary
  46. 2002-04-25
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-secretary
  47. 2002-04-25
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-secretary
  48. 2002-04-25
    ➕
    NEFF, Michael Claude appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material 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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2016-12-27

🔒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 · Other · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BALFOUR FARMS→
SL000277 · est 1979 · no financials extracted
————46y——
BARBADOS NETWORK LP→
SL015808 · est 2014 · no financials extracted
————12y——
BELARE L.P.→
SL008999 · est 2011 · no financials extracted
————14y——
BELFAST & LIVERPOOL LP→
SL015095 · est 2013 · no financials extracted
————12y——
BLACKWOOD PARTNERS LLP→
SO303063 · est 2010 · no financials extracted
————15y——
BROWNIELEYS RENEWABLES LLP→
SO303878 · est 2012 · no financials extracted
————14y——
CAMERON J WILSON & CO→
SL000665 · est 1984 · no financials extracted
————41y——
CAP CORSE LP→
SL028200 · est 2016 · no financials extracted
————9y——
CAPEMAX COMMERCIAL L.P.→
SL018011 · est 2014 · no financials extracted
————11y——
CASIUM LLP→
SO305440 · est 2015 · no financials extracted
————10y——
CATALYST VINEYARD CHURCH→
SC366844 · est 2009 · no financials extracted
————16y——
CATERING SUPPLIES PARTNERSHIP LLP→
SO305449 · est 2015 · no financials extracted
————10y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2002-04-25
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Union Plaza
1 Union Wynd
Aberdeen
AB10 1DQ

Filing status

Accounts
Next due: —
Last made up to: 2014-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 8 resigned)

BURNESS PAULL LLP→
corporate-secretary · appointed 2013-01-15
View their other companies + combined net worth →
Active
BOUTHILLETTE, Maxime Louis→
director · ~58y · appointed 2012-09-19
View their other companies + combined net worth →
Active
JORANGER, Espen→
director · ~49y · appointed 2016-05-01
View their other companies + combined net worth →
Active
DEY, Ian George→
secretary · appointed 2002-04-25 · resigned 2012-04-02
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-secretary · appointed 2002-04-25 · resigned 2002-04-25
Resigned
PAULL & WILLIAMSONS LLP→
corporate-secretary · appointed 2012-04-04 · resigned 2013-01-15
Resigned
BAUSCH, Hans-Christoph→
director · ~62y · appointed 2012-09-19 · resigned 2016-05-01
Resigned
BETHUELSEN, Lars→
director · ~63y · appointed 2012-04-04 · resigned 2012-09-19
Resigned
HAALAND, Rolf Egil→
director · ~61y · appointed 2012-04-04 · resigned 2013-12-31
Resigned
HOLMAN, Gary→
director · ~63y · appointed 2012-04-04 · resigned 2012-07-09
Resigned
NEFF, Michael Claude→
director · ~76y · appointed 2002-04-25 · resigned 2012-04-04
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property15/08/200725/02/2012

Recent filings (62 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-12-27
gazette-notice-voluntary
gazette · GAZ1(A)
2016-10-11
dissolution-application-strike-off-company
dissolution · DS01
2016-10-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-05-31
termination-director-company-with-name-termination-date
officers · TM01
2016-05-27
appoint-person-director-company-with-name-date
officers · AP01
2016-05-27
accounts-with-accounts-type-full
accounts · AA
2015-09-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-05
accounts-with-accounts-type-full
accounts · AA
2014-09-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2014-02-10
accounts-with-accounts-type-full
accounts · AA
2014-01-29
termination-director-company-with-name
officers · TM01
2014-01-22
change-person-director-company-with-change-date
officers · CH01
2013-11-21
change-corporate-secretary-company-with-change-date
officers · CH04
2013-08-05