LYCIDAS (486) LIMITED

⚰️Wound downdissolved
SC362460 · ltd · incorporated 2009-07-10
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
63/100
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: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 83). 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 (73/100).

Data confidence

Overall: low (49/100)

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
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
80
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 (24 events)Click to expand
  1. 2013-08-23
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2013-08-23
    🏁
    Company dissolved
  3. 2013-05-03
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2013-04-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-06-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2012-04-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2011-10-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2011-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2010-10-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2010-10-08
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  11. 2010-09-21
    📄
    termination-secretary-company-with-name
    officers · TM02
  12. 2010-08-31
    ➖
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  13. 2009-07-31
    ➕
    TOUGH, Kenneth Liddell appointed
    director
  14. 2009-07-31
    ➕
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  15. 2009-07-31
    ➖
    BARR, Alan Lamont resigned
    director
  16. 2009-07-31
    ➖
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  17. 2009-07-31
    📄
    legacy
    officers · 288b
  18. 2009-07-31
    📄
    legacy
    officers · 288b
  19. 2009-07-31
    📄
    legacy
    officers · 288a
  20. 2009-07-31
    📄
    legacy
    officers · 288a
  21. 2009-07-10
    🏢
    Company incorporated
    As LYCIDAS (486) LIMITED
  22. 2009-07-10
    ➕
    BARR, Alan Lamont appointed
    director
  23. 2009-07-10
    ➕
    LYCIDAS NOMINEES LIMITED appointed
    corporate-nominee-director
  24. 2009-07-10
    📄
    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.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

98/100
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 83 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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 2013-08-23

🔒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 · Professional services · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AFRICA ALL IN ONE LTD→
SC814140 · est 2024 · no financials extracted
————1y——
AFRICAPAY LIMITED→
SC847456 · est 2025 · no financials extracted
———————
AG81 LIMITED→
SC558771 · est 2017 · no financials extracted
————9y——
AGGREKO INTERNATIONAL PROJECTS LIMITED→
SC070332 · est 1980 · no financials extracted
————46y——
AGGREKO UK FINANCE LIMITED→
SC545597 · est 2016 · no financials extracted
————9y——
AGHOCO 5010 LIMITED→
SC636848 · est 2019 · no financials extracted
————6y——
AGL ELECTRICAL ENGINEERING LTD→
SC836166 · est 2025 · no financials extracted
————1y——
AGNEWS WIND SERVICES LTD→
SC772263 · est 2023 · no financials extracted
————2y——
AI CONNECT LTD→
SC787381 · est 2023 · no financials extracted
————2y——
AIRFINESSE SOLUTIONS.COM LIMITED→
SC848908 · est 2025 · no financials extracted
———————
AIRSPECTION LIMITED→
SC729751 · est 2022 · no financials extracted
————4y——
AISUNO CONSULTING LIMITED→
SC470253 · est 2014 · no financials extracted
————12y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2009-07-10
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

The Cooper Building
505 Great Western Road
Glasgow
G12 8HN
Scotland

Filing status

Accounts
Next due: —
Last made up to: 2011-07-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

TOUGH, Kenneth Liddell→
director · ~83y · appointed 2009-07-31
View their other companies + combined net worth →
Active
LYCIDAS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2009-07-31 · resigned 2010-08-31
Resigned
BARR, Alan Lamont→
director · ~66y · appointed 2009-07-10 · resigned 2009-07-31
Resigned
LYCIDAS NOMINEES LIMITED→
corporate-nominee-director · appointed 2009-07-10 · resigned 2009-07-31
Resigned

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

Recent filings (15 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-08-23
gazette-notice-voluntary
gazette · GAZ1(A)
2013-05-03
dissolution-application-strike-off-company
dissolution · DS01
2013-04-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-14
accounts-with-accounts-type-dormant
accounts · AA
2012-04-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-10-05
accounts-with-accounts-type-dormant
accounts · AA
2011-04-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-10-12
change-registered-office-address-company-with-date-old-address
address · AD01
2010-10-08
termination-secretary-company-with-name
officers · TM02
2010-09-21
legacy
officers · 288b
2009-07-31
legacy
officers · 288b
2009-07-31
legacy
officers · 288a
2009-07-31
legacy
officers · 288a
2009-07-31
incorporation-company
incorporation · NEWINC
2009-07-10