PWB HEALTH LIMITED

⚰️Wound downdissolved
SC315032 · ltd · incorporated 2007-01-22
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 19.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: SIC 3310
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), 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 dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 19.1y

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 19.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: low (51/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
17 officers (9 active, 17 linked, 12 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
85
Strong succession / seller-readiness signals.
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 (53 events)Click to expand
  1. 2013-10-04
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2013-10-04
    🏁
    Company dissolved
  3. 2013-07-04
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  4. 2011-01-24
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  5. 2010-12-16
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  6. 2010-12-16
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  7. 2010-12-07
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  8. 2010-11-12
    📄
    appoint-person-director-company-with-name
    officers · AP01
  9. 2010-08-03
    PETERSEN, Ronald John appointed
    director
  10. 2010-05-19
    📄
    capital-allotment-shares
    capital · SH01
  11. 2010-02-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2010-01-26
    📄
    termination-director-company-with-name
    officers · TM01
  13. 2009-12-22
    📄
    capital-allotment-shares
    capital · SH01
  14. 2009-12-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2009-11-20
    WATMOUGH, David John, Dr resigned
    director
  16. 2009-10-30
    📄
    memorandum-articles
    incorporation · MA
  17. 2009-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2009-10-30
    📄
    capital-allotment-shares
    capital · SH01
  19. 2009-10-20
    📄
    capital-allotment-shares
    capital · SH01
  20. 2009-10-20
    📄
    memorandum-articles
    incorporation · MA
  21. 2009-10-20
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2009-10-20
    📄
    miscellaneous
    miscellaneous · MISC
  23. 2009-08-21
    📄
    legacy
    capital · 88(2)
  24. 2009-08-14
    📄
    legacy
    capital · 88(2)
  25. 2009-07-30
    📄
    legacy
    capital · 88(2)
  26. 2009-07-30
    📄
    memorandum-articles
    incorporation · MA
  27. 2009-07-30
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2009-07-30
    📄
    legacy
    capital · 123
  29. 2008-10-28
    PHELPS, Michael Ross resigned
    director
  30. 2008-10-14
    HMS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 2008-01-23
    RUSHFORTH, Ann Bruce appointed
    director
  32. 2007-10-11
    DANKO, George Michael resigned
    director
  33. 2007-09-01
    PHELPS, Michael Ross appointed
    director
  34. 2007-08-30
    SODEN, Stephen John appointed
    director
  35. 2007-07-11
    FINLAYSON, Robert William appointed
    director
  36. 2007-07-11
    WATMOUGH, David John, Dr appointed
    director
  37. 2007-06-27
    DUFF, George Ramsay resigned
    director
  38. 2007-06-13
    GILL, Hugh resigned
    director
  39. 2007-03-29
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  40. 2007-02-06
    OVEREND, Russell Barr appointed
    secretary
  41. 2007-02-06
    HALL, James Ferguson appointed
    director
  42. 2007-02-06
    KING, Grant Roberts appointed
    director
  43. 2007-02-06
    OVEREND, Russell Barr appointed
    director
  44. 2007-02-06
    HMS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  45. 2007-02-06
    DANKO, George Michael appointed
    director
  46. 2007-02-06
    DUFF, George Ramsay appointed
    director
  47. 2007-02-06
    GILL, Hugh appointed
    director
  48. 2007-02-06
    HMS DIRECTORS LIMITED resigned
    corporate-nominee-director
  49. 2007-02-06
    HMS SECRETARIES LIMITED resigned
    corporate-nominee-director
  50. 2007-01-22
    🏢
    Company incorporated
    As PWB HEALTH LIMITED
Showing most recent 50 of 53 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 dissolved
high

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

Evidence: Dissolved on 2013-10-04

5 insolvency-related filings on record
high

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

Evidence: 2013-10-04: gazette-dissolved-liquidation; 2013-07-04: liquidation-compulsory-return-of-final-meeting-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 →

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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
Incorporated2007-01-22
Jurisdictionscotland
Primary SIC3310 — SIC 3310

Registered office

7-11 Melville Street
Edinburgh
EH3 7PE

Filing status

Accounts
Next due:
Last made up to: 2009-02-28
Confirmation statement
Next due:
Last:

Officers (0 active · 8 resigned)

OVEREND, Russell Barr
secretary · appointed 2007-02-06
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2008-10-14
View their other companies + combined net worth →
Active
FINLAYSON, Robert William
director · ~77y · appointed 2007-07-11
View their other companies + combined net worth →
Active
HALL, James Ferguson
director · ~68y · appointed 2007-02-06
View their other companies + combined net worth →
Active
KING, Grant Roberts
director · ~71y · appointed 2007-02-06
View their other companies + combined net worth →
Active
OVEREND, Russell Barr
director · ~62y · appointed 2007-02-06
View their other companies + combined net worth →
Active
PETERSEN, Ronald John
director · ~80y · appointed 2010-08-03
View their other companies + combined net worth →
Active
RUSHFORTH, Ann Bruce
director · ~67y · appointed 2008-01-23
View their other companies + combined net worth →
Active
SODEN, Stephen John
director · ~73y · appointed 2007-08-30
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2007-01-22 · resigned 2007-02-06
Resigned
DANKO, George Michael
director · ~76y · appointed 2007-02-06 · resigned 2007-10-11
Resigned
DUFF, George Ramsay
director · ~64y · appointed 2007-02-06 · resigned 2007-06-27
Resigned
GILL, Hugh
director · ~68y · appointed 2007-02-06 · resigned 2007-06-13
Resigned
PHELPS, Michael Ross
director · ~56y · appointed 2007-09-01 · resigned 2008-10-28
Resigned
WATMOUGH, David John, Dr
director · ~88y · appointed 2007-07-11 · resigned 2009-11-20
Resigned
HMS DIRECTORS LIMITED
corporate-nominee-director · appointed 2007-01-22 · resigned 2007-02-06
Resigned
HMS SECRETARIES LIMITED
corporate-nominee-director · appointed 2007-01-22 · resigned 2007-02-06
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property29/03/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (85 total)

gazette-dissolved-liquidation
gazette · GAZ2
2013-10-04
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2013-07-04
change-registered-office-address-company-with-date-old-address
address · AD01
2011-01-24
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2010-12-16
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2010-12-16
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2010-12-07
appoint-person-director-company-with-name
officers · AP01
2010-11-12
capital-allotment-shares
capital · SH01
2010-05-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-26
termination-director-company-with-name
officers · TM01
2010-01-26
capital-allotment-shares
capital · SH01
2009-12-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-12-01
memorandum-articles
incorporation · MA
2009-10-30
resolution
resolution · RESOLUTIONS
2009-10-30
capital-allotment-shares
capital · SH01
2009-10-30