TEQUESTAS INVESTMENTS LIMITED

⚰️Wound downdissolved

SC281920 · ltd · incorporated 2005-03-21

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 14.9y old — refinance window within 12 months

🔒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: Washing and (dry-)cleaning of textile and fur products

Sector: Other service activities

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 75/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 14.9y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 14.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (55/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (1 active, 8 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

67 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

58/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2023-12-26
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-12-26
🏁
Company dissolved
2023-10-10
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2023-09-29
📄
dissolution-application-strike-off-company
dissolution · DS01
2023-09-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-06
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-11-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-11-22
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2016-10-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-05-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-01
➕
KHANDELWAL, Reema appointed
director
2016-04-01
➖
ASHTON, David resigned
secretary
2016-04-01
➖
KHANDELWAL, Surendra resigned
director
2015-12-08
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-05-11
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2009-05-18
➕
ASHTON, David appointed
secretary
2009-05-18
➖
WATSON, David resigned
secretary
2009-05-18
➕
KHANDELWAL, Surendra appointed
director
2009-05-18
➖
WATSON, David resigned
director
2009-05-18
➖
WATSON, May resigned
director
2007-12-03
➕
WATSON, David appointed
secretary
2007-12-03
➖
IAIN SMITH & COMPANY resigned
corporate-nominee-secretary
2005-03-31
➖
ROXBURGH, Roy resigned
nominee-director
2005-03-31
➕
WATSON, David appointed
director
2005-03-31
➕
WATSON, May appointed
director
2005-03-21
🏢
Company incorporated
As TEQUESTAS INVESTMENTS LIMITED
2005-03-21
➕
IAIN SMITH & COMPANY appointed
corporate-nominee-secretary
2005-03-21
➕
ROXBURGH, Roy appointed
nominee-director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100

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.
secondaryStable-but-static management: Company is 21 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 2023-12-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Reema Khandelwal Individual · British · DOB 07/1972 · age 54	75–100%	75–100%	75-100% shares · 75-100% voting · firm interest	06/04/2016

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

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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 →

🔒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.

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Company details

Statusdissolved

Typeltd

Incorporated2005-03-21

Jurisdictionscotland

Primary SIC96010 — Washing and (dry-)cleaning of textile and fur products

Registered office

252 Union Street

Aberdeen

AB10 1TN

Filing status

Accounts

Next due: —

Last made up to: 2023-03-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 7 resigned)

KHANDELWAL, Reema→

director · ~54y · appointed 2016-04-01

View their other companies + combined net worth →

Active

ASHTON, David→

secretary · appointed 2009-05-18 · resigned 2016-04-01

Resigned

WATSON, David→

secretary · appointed 2007-12-03 · resigned 2009-05-18

Resigned

IAIN SMITH & COMPANY→

corporate-nominee-secretary · appointed 2005-03-21 · resigned 2007-12-03

Resigned

KHANDELWAL, Surendra→

director · ~57y · appointed 2009-05-18 · resigned 2016-04-01

Resigned

ROXBURGH, Roy→

nominee-director · ~76y · appointed 2005-03-21 · resigned 2005-03-31

Resigned

WATSON, David→

director · ~75y · appointed 2005-03-31 · resigned 2009-05-18

Resigned

WATSON, May→

director · ~74y · appointed 2005-03-31 · resigned 2009-05-18

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Floating charge	1 property	11/05/2011	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2023-12-26

gazette-notice-voluntary

gazette · GAZ1(A)

2023-10-10

dissolution-application-strike-off-company

dissolution · DS01

2023-09-29

accounts-with-accounts-type-micro-entity

accounts · AA

2023-09-13