ICS PROGRAMMES LIMITED
⚰️Wound downdissolved
SC272140 · ltd · incorporated 2004-08-18
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
64/100
Worth a look
What this business does
Primary activity: SIC 9133
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (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 (65/100).
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
Confirmed no charges registered
85
Directors & officers
12 officers (6 active, 12 linked, 9 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
85
Strong succession / seller-readiness signals.
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 (45 events)Click to expand
- 2011-05-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-05-27🏁Company dissolved
- 2011-02-04📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-01-24📄dissolution-application-strike-off-companydissolution · DS01
- 2011-01-24📄termination-director-company-with-nameofficers · TM01
- 2010-11-04📄legacyrestoration · AC93
- 2010-08-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-08-01➖CLARK, Maureen Lorraine resigneddirector
- 2010-05-07📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-04-22📄dissolution-application-strike-off-companydissolution · DS01
- 2010-01-06📄appoint-person-director-company-with-nameofficers · AP01
- 2009-11-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-05-21📄accounts-with-accounts-type-fullaccounts · AA
- 2009-04-22➕THIAM, Sara appointeddirector
- 2009-04-09📄legacyofficers · 288b
- 2009-01-30✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2008-09-05📄legacyannual-return · 363a
- 2008-09-04📄legacyofficers · 288c
- 2008-08-27➖MCGREGOR, Alan resigneddirector
- 2008-04-30📄accounts-with-accounts-type-fullaccounts · AA
- 2008-04-17📄legacyofficers · 288a
- 2008-03-19📍legacyaddress · 287
- 2007-10-23📍legacyaddress · 287
- 2007-09-03📄legacyannual-return · 363s
- 2007-08-06📄accounts-with-accounts-type-fullaccounts · AA
- 2006-10-27📄legacyofficers · 288a
- 2006-09-18➕MAGUIRE, Elizabeth appointeddirector
- 2006-09-05📄legacyannual-return · 363s
- 2006-04-13📄accounts-with-accounts-type-fullaccounts · AA
- 2005-10-26📄legacyofficers · 288b
- 2005-10-24➖MILLER, Able Peter resigneddirector
- 2005-09-15➕MCGREGOR, Alan appointeddirector
- 2005-06-28➖ROY, Kenneth Alfred resigneddirector
- 2005-05-23➕MCTAVISH, Linda Jane appointeddirector
- 2005-05-19➕CLARK, Maureen Lorraine appointeddirector
- 2005-05-19➕MILLER, Able Peter appointeddirector
- 2005-02-01➕LENNON, Margaret Mitchell appointedsecretary
- 2005-02-01➕LENNON, Margaret Mitchell appointeddirector
- 2005-01-31➕GAFFNEY, James appointeddirector
- 2005-01-31➖MACROBERTS - (FIRM) resignedcorporate-nominee-secretary
- 2005-01-31➕ROY, Kenneth Alfred appointeddirector
- 2005-01-31➖MACROBERTS CORPORATE SERVICES LIMITED resignedcorporate-nominee-director
- 2004-08-18🏢Company incorporatedAs ICS PROGRAMMES LIMITED
- 2004-08-18➕MACROBERTS - (FIRM) appointedcorporate-nominee-secretary
- 2004-08-18➕MACROBERTS CORPORATE SERVICES LIMITED appointedcorporate-nominee-director
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-05-27
🔒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 · Leisure & entertainment · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| STEWART TRAVEL LIMITED→ SC400502 · est 2011 | £30.04M £23.36M–£36.72M | £109.39M | — | 36000 | 15y | 91 | 68y |
| BARRHEAD TRAVEL SERVICE LIMITED→ SC057208 · est 1975 | £9.61M £7.47M–£11.74M | £89.85M | — | 56600 | 51y | 82 | 59y |
| IF ONLY HOLIDAYS LIMITED→ SC268032 · est 2004 | £4.61M £3.59M–£5.64M | — | — | 5900 | 22y | 85 | 69y |
| AC PROJECTS/ALTERNATIVE CURRENTS LIMITED→ SC400717 · est 2011 | £3.2k £2.5k–£3.9k | — | — | 0 | 15y | 95 | 66y |
| ALLAN GLEN'S SPORTS CLUB LIMITED→ SC117858 · est 1989 | — | — | £1.9k | — | 37y | 83 | 88y |
| COVE BURGH HALL→ SC217153 · est 2001 | — | — | £97.7k | — | 25y | 83 | 78y |
| D. & D. AMUSEMENTS LTD.→ SC196522 · est 1999 | — | — | £120.9k | — | 27y | 83 | 68y |
| FACT THREE→ SC319714 · est 2007 | — | — | £168.8k | — | 19y | 83 | 73y |
| GREENACRES CURLING LTD.→ SC200546 · est 1999 | — | — | — | 1200 | 26y | 83 | 77y |
| IN EXTREMIS LIMITED→ SC142085 · est 1993 | — | — | £61.2k | — | 33y | 83 | 61y |
| SCOTTISH JEWISH ARCHIVES CENTRE→ SC210878 · est 2000 | — | — | £120.5k | — | 25y | 83 | 79y |
| SCOTTISH NATIONAL MEMORIAL TO DAVID LIVINGSTONE TRUST→ SC016172 · est 1930 · no financials extracted | — | — | — | — | 95y | 83 | 75y |
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 →🔒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
Incorporated2004-08-18
Jurisdictionscotland
Primary SIC9133 — SIC 9133
Registered office
The Pearce Institute
840-860 Govan Road
Glasgow
G51 3UU
Filing status
Accounts
Next due: —
Last made up to: 2008-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
LENNON, Margaret Mitchell→
Activesecretary · appointed 2005-02-01
View their other companies + combined net worth →
GAFFNEY, James→
Activedirector · ~68y · appointed 2005-01-31
View their other companies + combined net worth →
LENNON, Margaret Mitchell→
Activedirector · ~66y · appointed 2005-02-01
View their other companies + combined net worth →
MAGUIRE, Elizabeth→
Activedirector · ~63y · appointed 2006-09-18
View their other companies + combined net worth →
MCTAVISH, Linda Jane→
Activedirector · ~75y · appointed 2005-05-23
View their other companies + combined net worth →
Active
MACROBERTS - (FIRM)→
Resignedcorporate-nominee-secretary · appointed 2004-08-18 · resigned 2005-01-31
CLARK, Maureen Lorraine→
Resigneddirector · ~78y · appointed 2005-05-19 · resigned 2010-08-01
MCGREGOR, Alan→
Resigneddirector · ~80y · appointed 2005-09-15 · resigned 2008-08-27
MILLER, Able Peter→
Resigneddirector · ~71y · appointed 2005-05-19 · resigned 2005-10-24
ROY, Kenneth Alfred→
Resigneddirector · ~81y · appointed 2005-01-31 · resigned 2005-06-28
MACROBERTS CORPORATE SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2004-08-18 · resigned 2005-01-31
Click a director name to see their full track record across all companies.
Recent filings (43 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-05-27
gazette-notice-voluntary
gazette · GAZ1(A)
2011-02-04
dissolution-application-strike-off-company
dissolution · DS01
2011-01-24
termination-director-company-with-name
officers · TM01
2011-01-24
legacy
restoration · AC93
2010-11-04
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-08-27
gazette-notice-voluntary
gazette · GAZ1(A)
2010-05-07
dissolution-application-strike-off-company
dissolution · DS01
2010-04-22
appoint-person-director-company-with-name
officers · AP01
2010-01-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-13
accounts-with-accounts-type-full
accounts · AA
2009-05-21
legacy
officers · 288b
2009-04-09
certificate-change-of-name-company
change-of-name · CERTNM
2009-01-30
legacy
annual-return · 363a
2008-09-05
legacy
officers · 288c
2008-09-04