BINN (AD) LIMITED

⚰️Wound downdissolved
SC362841 · ltd · incorporated 2009-07-20
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
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
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: medium (59/100)

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
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
30 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 (32 events)Click to expand
  1. 2018-01-09
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-01-09
    🏁
    Company dissolved
  3. 2017-10-10
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-10-03
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2016-11-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2016-10-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2015-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2015-08-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2014-12-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2014-08-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2013-10-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2013-10-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2013-08-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-06-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-08-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-06-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2011-08-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-08-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2011-05-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2011-05-25
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  22. 2011-05-11
    📄
    termination-secretary-company-with-name
    officers · TM02
  23. 2011-05-06
    📄
    appoint-corporate-secretary-company-with-name
    officers · AP04
  24. 2011-05-06
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  25. 2011-04-28
    ➕
    GILLESPIE MACANDREW SECRETARIES LIMITED appointed
    corporate-secretary
  26. 2011-04-28
    ➖
    1924 NOMINEES LIMITED resigned
    corporate-secretary
  27. 2011-04-11
    ➕
    MCKENNA-MAYES, Graham Arthur appointed
    director
  28. 2009-09-02
    ➕
    SCANLON, John James appointed
    director
  29. 2009-07-20
    🏢
    Company incorporated
    As BINN (AD) LIMITED
  30. 2009-07-20
    ➕
    MACGREGOR, Allan appointed
    director
  31. 2009-07-20
    ➕
    MACGREGOR, John Merchant appointed
    director
  32. 2009-07-20
    ➕
    1924 NOMINEES LIMITED appointed
    corporate-secretary

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 81 years old. Natural succession window is now.
  • 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 2018-01-09

Group structure

Suez Recycling And Recovery Uk Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Suez Recycling And Recovery Uk Ltd
Corporate parent · holds 25-50% shares
significant stake
⬇
BINN (AD) LIMITED
This company · SC362841

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Suez Recycling And Recovery Uk Ltd
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

🔒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

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
Incorporated2009-07-20
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ

Filing status

Accounts
Next due: —
Last made up to: 2016-08-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 1 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED→
corporate-secretary · appointed 2011-04-28
View their other companies + combined net worth →
Active
MACGREGOR, Allan→
director · ~57y · appointed 2009-07-20
View their other companies + combined net worth →
Active
MACGREGOR, John Merchant→
director · ~81y · appointed 2009-07-20
View their other companies + combined net worth →
Active
MCKENNA-MAYES, Graham Arthur→
director · ~58y · appointed 2011-04-11
View their other companies + combined net worth →
Active
SCANLON, John James→
director · ~57y · appointed 2009-09-02
View their other companies + combined net worth →
Active
1924 NOMINEES LIMITED→
corporate-secretary · appointed 2009-07-20 · resigned 2011-04-28
Resigned

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

Recent filings (30 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-01-09
gazette-notice-voluntary
gazette · GAZ1(A)
2017-10-10
dissolution-application-strike-off-company
dissolution · DS01
2017-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-07-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-11-23
change-account-reference-date-company-previous-extended
accounts · AA01
2016-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2016-07-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2013-10-30
change-account-reference-date-company-current-shortened
accounts · AA01
2013-10-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-16