EXCHANGELAW (NO.370) LIMITED

⚰️Wound downdissolved
SC270674 · ltd · incorporated 2004-07-14
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 70/100. 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 (58/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (33 events)Click to expand
  1. 2011-09-16
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-09-16
    🏁
    Company dissolved
  3. 2011-05-27
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-05-12
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2011-05-11
    📄
    termination-director-company-with-name
    officers · TM01
  6. 2011-05-10
    MACDONALD, Morinne resigned
    nominee-director
  7. 2011-04-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2010-07-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2010-07-28
    📄
    change-corporate-director-company-with-change-date
    officers · CH02
  10. 2010-07-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2010-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2009-07-15
    📄
    legacy
    annual-return · 363a
  13. 2009-04-30
    📄
    legacy
    officers · 288a
  14. 2009-04-29
    📄
    accounts-with-made-up-date
    accounts · AA
  15. 2009-04-29
    📄
    legacy
    officers · 288b
  16. 2008-07-29
    📄
    legacy
    annual-return · 363a
  17. 2008-05-14
    📄
    accounts-with-made-up-date
    accounts · AA
  18. 2007-09-21
    SHELF DIRECTOR LIMITED appointed
    corporate-director
  19. 2007-09-21
    POLLOCK, Gail resigned
    director
  20. 2007-08-09
    📄
    legacy
    annual-return · 363a
  21. 2007-04-02
    📄
    accounts-with-made-up-date
    accounts · AA
  22. 2006-08-08
    📄
    legacy
    annual-return · 363s
  23. 2006-05-04
    📄
    accounts-with-made-up-date
    accounts · AA
  24. 2005-07-18
    📄
    legacy
    annual-return · 363s
  25. 2005-02-16
    📄
    legacy
    officers · 288b
  26. 2005-02-16
    📄
    legacy
    officers · 288a
  27. 2005-02-03
    CURLE, Elspeth resigned
    nominee-director
  28. 2005-02-03
    POLLOCK, Gail appointed
    director
  29. 2004-07-14
    🏢
    Company incorporated
    As EXCHANGELAW (NO.370) LIMITED
  30. 2004-07-14
    MACDONALD, Morinne appointed
    nominee-secretary
  31. 2004-07-14
    CURLE, Elspeth appointed
    nominee-director
  32. 2004-07-14
    MACDONALD, Morinne appointed
    nominee-director
  33. 2004-07-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2011-09-16

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated2004-07-14
Jurisdictionscotland
Primary SIC7499 — SIC 7499

Registered office

Standard Buildings
94 Hope Street
Glasgow
G2 6PH

Filing status

Accounts
Next due:
Last made up to: 2010-07-31
Confirmation statement
Next due:
Last:

Officers (0 active · 3 resigned)

MACDONALD, Morinne
nominee-secretary · appointed 2004-07-14
View their other companies + combined net worth →
Active
SHELF DIRECTOR LIMITED
corporate-director · appointed 2007-09-21
View their other companies + combined net worth →
Active
CURLE, Elspeth
nominee-director · ~50y · appointed 2004-07-14 · resigned 2005-02-03
Resigned
MACDONALD, Morinne
nominee-director · ~70y · appointed 2004-07-14 · resigned 2011-05-10
Resigned
POLLOCK, Gail
director · ~52y · appointed 2005-02-03 · resigned 2007-09-21
Resigned

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

Recent filings (23 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-09-16
gazette-notice-voluntary
gazette · GAZ1(A)
2011-05-27
dissolution-application-strike-off-company
dissolution · DS01
2011-05-12
termination-director-company-with-name
officers · TM01
2011-05-11
accounts-with-accounts-type-dormant
accounts · AA
2011-04-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-28
change-corporate-director-company-with-change-date
officers · CH02
2010-07-28
change-person-director-company-with-change-date
officers · CH01
2010-07-27
accounts-with-accounts-type-dormant
accounts · AA
2010-03-25
legacy
annual-return · 363a
2009-07-15
legacy
officers · 288a
2009-04-30
accounts-with-made-up-date
accounts · AA
2009-04-29
legacy
officers · 288b
2009-04-29
legacy
annual-return · 363a
2008-07-29
accounts-with-made-up-date
accounts · AA
2008-05-14