TECHXEL LTD.

⚰️Wound downdissolved
SC261740 · ltd · incorporated 2004-01-12
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 22.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
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: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 62090Other information technology service activities
  • 95110Repair of computers and peripheral equipment
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (75/100, director aged 62). 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 (58/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 22.0y

50/100
clean up first

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (56/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth 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
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 (40 events)Click to expand
  1. 2018-12-04
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2018-12-04
    🏁
    Company dissolved
  3. 2018-09-04
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2018-01-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2018-01-26
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2017-09-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2017-09-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2017-09-13
    🔓
    Charge satisfied #3
  9. 2017-09-13
    🔓
    Charge satisfied #2
  10. 2017-04-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2016-11-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-01-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-14
    📄
    capital-allotment-shares
    capital · SH01
  15. 2015-09-04
    📄
    memorandum-articles
    incorporation · MA
  16. 2015-07-21
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2015-01-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2014-02-14
    📄
    mortgage-create-with-deed-with-charge-number
    mortgage · MR01
  20. 2014-02-06
    🔒
    Charge registered #3
    Lender: West of Scotland Loan Fund
  21. 2014-01-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2014-01-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  23. 2014-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2014-01-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2013-02-11
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  26. 2013-01-21
    📄
    annual-return-company-with-made-up-date
    annual-return · AR01
  27. 2012-12-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2012-02-13
    📄
    annual-return-company-with-made-up-date
    annual-return · AR01
  29. 2010-08-06
    🔒
    Charge registered #2
    Lender: West of Scotland Loan Fund
  30. 2010-05-08
    🔓
    Charge satisfied #1
  31. 2004-05-20
    🔒
    Charge registered #1
    Lender: Scottish Enterprise Lanarkshire
  32. 2004-03-31
    ➖
    JAMIESON, Ross Finlay resigned
    director
  33. 2004-01-12
    🏢
    Company incorporated
    As TECHXEL LTD.
  34. 2004-01-12
    ➕
    HEWITT, Elizabeth appointed
    secretary
  35. 2004-01-12
    ➕
    HEWITT, Alexander appointed
    director
  36. 2004-01-12
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  37. 2004-01-12
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  38. 2004-01-12
    ➕
    JAMIESON, Ross Finlay appointed
    director
  39. 2004-01-12
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  40. 2004-01-12
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

93/100
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 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2018-12-04

2 insolvency-related filings on record
high

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

Evidence: 2018-12-04: gazette-dissolved-liquidation; 2018-09-04: liquidation-voluntary-return-of-final-meeting-scotland

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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alexander Hewitt
Individual · British · DOB 04/1964 · age 62
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 · Technology · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JACK MACDONALD & CO LIMITED→
SC259171 · est 2003
£538.6k
£384.7k–£692.5k
£154.8k—20022y8766y
E-DIESELS LIMITED→
SC200254 · est 1999
£127.0k
£90.7k–£163.3k
——026y8163y
ARGYLL FM LIMITED→
SC160070 · est 1995
———50030y8377y
HYDE PARK SOLUTIONS LIMITED→
SC336107 · est 2008
———1118y8368y
MJD SYSTEMS LTD.→
SC243351 · est 2003
——£594.6k—23y8364y
FABSCOTS LIMITED→
SC367729 · est 2009
——£2.7k—16y8267y
INTERIM MANAGEMENT PROGRAMMES LIMITED→
SC192609 · est 1999
——£109.6k—27y8264y
ISYS COMPUTER SERVICES LIMITED→
SC152595 · est 1994
———70031y8270y
MINDGENIUS LTD.→
SC312478 · est 2006
———20019y8266y
MURRO BROTHERS LIMITED→
SC031284 · est 1954
——£146.7k—72y8271y
CELTIC MUSIC RADIO LIMITED→
SC271561 · est 2004
——£2.1k—21y8180y
DUNOON RADIO LTD→
SC312477 · est 2006 · no financials extracted
————19y8181y
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
Incorporated2004-01-12
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

Titanium 1 King's Inch Place
Renfrew
PA4 8WF

Filing status

Accounts
Next due: —
Last made up to: 2016-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

HEWITT, Elizabeth→
secretary · appointed 2004-01-12
View their other companies + combined net worth →
Active
HEWITT, Alexander→
director · ~62y · appointed 2004-01-12
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2004-01-12 · resigned 2004-01-12
Resigned
JAMIESON, Ross Finlay→
director · ~63y · appointed 2004-01-12 · resigned 2004-03-31
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2004-01-12 · resigned 2004-01-12
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
West of Scotland Loan Fund
A registered charge1 property06/02/201413/09/2017
satisfied
West of Scotland Loan Fund
Bond & floating charge1 property06/08/201013/09/2017
satisfied
Scottish Enterprise Lanarkshire
Bond & floating charge1 property20/05/200408/05/2010

Recent filings (56 total)

gazette-dissolved-liquidation
gazette · GAZ2
2018-12-04
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2018-09-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-01-26
resolution
resolution · RESOLUTIONS
2018-01-26
mortgage-satisfy-charge-full
mortgage · MR04
2017-09-13
mortgage-satisfy-charge-full
mortgage · MR04
2017-09-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-11-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-29
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-23
capital-allotment-shares
capital · SH01
2015-09-14
memorandum-articles
incorporation · MA
2015-09-04
resolution
resolution · RESOLUTIONS
2015-07-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-14