MB DISCOVERY LIMITED

⚰️Wound downdissolved
SC249516 · ltd · incorporated 2003-05-15
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 22.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
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.

What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 60/100. Strong seller-intent signal (88/100, director aged 70). 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 (53/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · oldest 22.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (51/100)

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
2 charges (2/2 with lender, 2/2 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
11 connected companies via shared directors
78
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
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 (38 events)Click to expand
  1. 2017-11-08
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2017-11-08
    🏁
    Company dissolved
  3. 2017-08-08
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2016-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2016-05-27
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2016-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2016-02-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2016-02-04
    🔓
    Charge satisfied #2
  9. 2016-01-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2016-01-28
    🔓
    Charge satisfied #1
  11. 2016-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-05-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-11-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-05-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-01-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-05-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-11-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-05-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-12-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2011-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2010-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2010-05-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2010-03-10
    📍
    move-registers-to-sail-company
    address · AD03
  24. 2010-03-09
    📍
    change-sail-address-company
    address · AD02
  25. 2009-11-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2009-05-19
    📄
    legacy
    annual-return · 363a
  27. 2009-01-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2008-05-15
    📄
    legacy
    annual-return · 363a
  29. 2004-02-19
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  30. 2004-02-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 2003-05-15
    🏢
    Company incorporated
    As MB DISCOVERY LIMITED
  32. 2003-05-15
    BARR, Alexander Hinshelwood appointed
    secretary
  33. 2003-05-15
    ADDISON, David Mckay appointed
    director
  34. 2003-05-15
    WATT, John appointed
    director
  35. 2003-05-15
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  36. 2003-05-15
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  37. 2003-05-15
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  38. 2003-05-15
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

96/100
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 70 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
high

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

Evidence: Dissolved on 2017-11-08

2 insolvency-related filings on record
high

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

Evidence: 2017-11-08: gazette-dissolved-liquidation; 2017-08-08: liquidation-voluntary-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.

See pricing →

Similar companies

Active · Trade services · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A LOVIE LIMITED
SC303080 · est 2006 · no financials extracted
19y
A MCGREGOR LIMITED
SC435754 · est 2012 · no financials extracted
13y
ALAN GORDON CONSULTANTS LTD.
SC321822 · est 2007 · no financials extracted
18y
ALBA OFFICE CLEANING LTD.
SC246868 · est 2003 · no financials extracted
23y
ALG SAFETY LTD
SC865068 · est 2025 · no financials extracted
ALISROSE LIMITED
SC252362 · est 2003 · no financials extracted
22y
ALLOCHY LIMITED
SC241401 · est 2002 · no financials extracted
23y
ALM SAFETY LTD
SC397009 · est 2011 · no financials extracted
15y
ALS CONTROL LTD
SC813781 · est 2024 · no financials extracted
1y
ALSAR CONSULTANCY LIMITED
SC603644 · est 2018 · no financials extracted
7y
ALTEN CAR WASH LTD
SC857517 · est 2025 · no financials extracted
AMBIESENSE GROUP LIMITED
SC303088 · est 2006 · no financials extracted
19y
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
Incorporated2003-05-15
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

JOHNSTON CARMICHAEL LLP
Bishop's Court 29 Albyn Place
Aberdeen
AB10 1YL

Filing status

Accounts
Next due:
Last made up to: 2015-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

BARR, Alexander Hinshelwood
secretary · appointed 2003-05-15
View their other companies + combined net worth →
Active
ADDISON, David Mckay
director · ~63y · appointed 2003-05-15
View their other companies + combined net worth →
Active
WATT, John
director · ~70y · appointed 2003-05-15
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-05-15 · resigned 2003-05-15
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-05-15 · resigned 2003-05-15
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Ship mortgage1 property19/02/200404/02/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property02/02/200428/01/2016

Recent filings (48 total)

gazette-dissolved-liquidation
gazette · GAZ2
2017-11-08
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2017-08-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-05-27
resolution
resolution · RESOLUTIONS
2016-05-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-05-16
mortgage-satisfy-charge-full
mortgage · MR04
2016-02-04
mortgage-satisfy-charge-full
mortgage · MR04
2016-01-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-11-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-15