WITHERSPOON (EDINBURGH) LIMITED
⚰️Wound downadministration
SC259187 · ltd · incorporated 2003-11-12
Investment thesis
Company administration — 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 22.0y 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 5020
Sector: Transportation & storage
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. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company status: administration. Company is in a formal insolvency or administration process. Treat accordingly. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · oldest 22.0y
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 22.0 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
71 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 (44 events)Click to expand
- 2015-07-10⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2015-07-10🏁Company dissolved
- 2015-04-10⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2015-04-10⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2014-11-20⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2014-10-01⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2014-09-24⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2014-04-25⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-12-05⚠️liquidation-in-administration-appointment-of-replacement-additional-administrator-scotlandinsolvency · 2.31B(Scot)
- 2013-12-05⚠️liquidation-in-administration-vacation-of-office-scotlandinsolvency · 2.30B(Scot)
- 2013-10-30⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-09-26⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2013-08-15⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-05-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-03-27⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2013-03-07⚠️liquidation-administration-insufficient-property-scotlandinsolvency · 2.32B(Scot)
- 2013-02-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2012-09-24⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2012-05-11⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2011-12-29⚠️liquidation-in-administration-deemed-proposal-scotlandinsolvency · 2.16BZ(Scot)
- 2011-12-08⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2011-11-24⚠️liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attachedinsolvency · 2.15B(Scot)
- 2011-10-19⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2011-10-19📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-13📄capital-allotment-sharescapital · SH01
- 2007-03-04➕WITHERSPOON, Kevin John appointedsecretary
- 2007-01-31➖HURN, Clive Douglas resignedsecretary
- 2007-01-31➖HURN, Clive Douglas resigneddirector
- 2006-08-28➕HURN, Clive Douglas appointedsecretary
- 2006-08-28➖WITHERSPOON, Lisa resignedsecretary
- 2006-05-24➕MCARTHUR, Dawn appointeddirector
- 2006-05-24➕HURN, Clive Douglas appointeddirector
- 2005-04-21➖BROTHERSTON, Douglas John resignedsecretary
- 2005-04-21➕WITHERSPOON, Lisa appointedsecretary
- 2005-04-21➖BROTHERSPON, Douglas John resigneddirector
- 2004-08-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2004-07-28➕BROTHERSPON, Douglas John appointeddirector
- 2004-05-04🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-11-12🏢Company incorporatedAs WITHERSPOON (EDINBURGH) LIMITED
- 2003-11-12➕WITHERSPOON, Kevin John appointeddirector
- 2003-11-12➕BROTHERSTON, Douglas John appointedsecretary
- 2003-11-12➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-11-12➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
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 "WITHERSPOON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 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 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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 status: administration
highCompany is in a formal insolvency or administration process. Treat accordingly.
22 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-07-10: gazette-dissolved-liquidation; 2015-04-10: liquidation-in-administration-move-to-dissolution-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 · Transport & logistics · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 985 EDIN LIMITED→ SC337611 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ABACAB LIMITED→ SC215556 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ABC CABS LIMITED→ SC550333 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AFRICSCOTS LIMITED→ SC877087 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AL-GO COURIERS LTD→ SC649993 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AL-WAKEEL LTD→ SC722898 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALLO MANAGEMENT LIMITED→ SC577730 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMANAT1 LTD→ SC642221 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANAND LOGISTICS LTD→ SC874471 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANDREW MULLEN TRANSPORT LTD→ SC612233 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ANGEL359 LTD→ SC828420 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANO GROUP LTD→ SC536561 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Statusadministration
Typeltd
Incorporated2003-11-12
Jurisdictionscotland
Primary SIC5020 — SIC 5020
Registered office
Quay 2 139 Fountainbridge
Edinburgh
Scotland
EH3 9QG
Filing status
Accounts
Next due: —
Last made up to: 2009-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
WITHERSPOON, Kevin John→
Activesecretary · appointed 2007-03-04
View their other companies + combined net worth →
MCARTHUR, Dawn→
Activedirector · ~45y · appointed 2006-05-24
View their other companies + combined net worth →
WITHERSPOON, Kevin John→
Activedirector · ~56y · appointed 2003-11-12
View their other companies + combined net worth →
BROTHERSTON, Douglas John→
Resignedsecretary · appointed 2003-11-12 · resigned 2005-04-21
HURN, Clive Douglas→
Resignedsecretary · appointed 2006-08-28 · resigned 2007-01-31
WITHERSPOON, Lisa→
Resignedsecretary · appointed 2005-04-21 · resigned 2006-08-28
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-11-12 · resigned 2003-11-12
BROTHERSPON, Douglas John→
Resigneddirector · ~65y · appointed 2004-07-28 · resigned 2005-04-21
HURN, Clive Douglas→
Resigneddirector · ~71y · appointed 2006-05-24 · resigned 2007-01-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 16/08/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 04/05/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
gazette-dissolved-liquidation
gazette · GAZ2
2015-07-10
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2015-04-10
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2015-04-10
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-11-20
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2014-10-01
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-09-24
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2014-04-25
liquidation-in-administration-appointment-of-replacement-additional-administrator-scotland
insolvency · 2.31B(Scot)
2013-12-05
liquidation-in-administration-vacation-of-office-scotland
insolvency · 2.30B(Scot)
2013-12-05
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-10-30
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2013-09-26
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-08-15
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2013-05-08
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2013-03-27
liquidation-administration-insufficient-property-scotland
insolvency · 2.32B(Scot)
2013-03-07