SECOND CHOICE TRAVEL (ABERDEEN) LIMITED
Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 70). 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 (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (15 events)Click to expand
- 2011-01-28📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-01-28🏁Company dissolved
- 2010-10-08📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-09-28📄dissolution-application-strike-off-companydissolution · DS01
- 2009-09-08📄legacycapital · 88(2)
- 2009-09-01🏢Company incorporatedAs SECOND CHOICE TRAVEL (ABERDEEN) LIMITED
- 2009-09-01➕JAMES AND GEORGE COLLIE appointedcorporate-secretary
- 2009-09-01➕COLLIE, David John appointeddirector
- 2009-09-01➕COLLIE, Kathleen appointeddirector
- 2009-09-01➕MILLER, Innes Richard appointeddirector
- 2009-09-01➖MILLER, Innes Richard resigneddirector
- 2009-09-01📄legacyofficers · 288a
- 2009-09-01📄legacyofficers · 288b
- 2009-09-01📄legacyofficers · 288a
- 2009-09-01📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-01-28
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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