GAELTEC DEVICES LIMITED

⚰️Wound downdissolved
SC373428 · ltd · incorporated 2010-02-22
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
51/100
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.

What this business does
Primary activity: SIC 32500
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 51/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 72). 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: strategic trade sale (53/100). Current lenders should be on monthly review.

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
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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. 2022-05-16
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2022-05-16
    🏁
    Company dissolved
  3. 2022-02-16
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting-scotland
    insolvency · LIQ14(Scot)
  4. 2020-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2020-10-14
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2020-10-14
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2020-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-01-01
    SMALE, Joseph Luke appointed
    director
  11. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-07-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-03-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-08-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-03-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-03-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2014-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2014-02-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2013-04-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2013-02-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2012-06-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2012-03-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-08-16
    SMALE, Clare appointed
    secretary
  25. 2010-08-16
    SHELF SECRETARY LIMITED resigned
    corporate-secretary
  26. 2010-05-17
    SMALE, John Richard appointed
    director
  27. 2010-05-17
    BEVERIDGE, David Brannigan resigned
    director
  28. 2010-05-17
    SHELF DIRECTOR LIMITED resigned
    corporate-director
  29. 2010-02-22
    🏢
    Company incorporated
    As GAELTEC DEVICES LIMITED
  30. 2010-02-22
    SHELF SECRETARY LIMITED appointed
    corporate-secretary
  31. 2010-02-22
    BEVERIDGE, David Brannigan appointed
    director
  32. 2010-02-22
    SHELF DIRECTOR LIMITED appointed
    corporate-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
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 72 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 16 years.
  • secondaryStable-but-static management: Company is 16 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 2022-05-16

2 insolvency-related filings on record
high

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

Evidence: 2022-05-16: gazette-dissolved-liquidation; 2022-02-16: liquidation-voluntary-creditors-return-of-final-meeting-scotland

Group structure

Digitimer Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Digitimer Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
GAELTEC DEVICES LIMITED
This company · SC373428

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Digitimer Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Manufacturing · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CLAYMORE LOCK AND SAFE COMPANY LIMITED
SC219182 · est 2001 · no financials extracted
24y
CLEAN BURNER SYSTEMS LIMITED
SC322513 · est 2007 · no financials extracted
18y
COCOMEL SOAPS LIMITED
SC671471 · est 2020 · no financials extracted
5y
COUTTS CARPENTRY EDINBURGH LTD
SC685118 · est 2021 · no financials extracted
5y
CRAIG BROWN ELECTRICAL SERVICES LIMITED
SC531635 · est 2016 · no financials extracted
10y
CRAWFORD DOORS SCOTLAND LIMITED
SC798988 · est 2024 · no financials extracted
2y
CRAWFORD WELDING AND FABRICATION LTD
SC842241 · est 2025 · no financials extracted
1y
D ADAM MECHANICAL SERVICES LIMITED
SC858484 · est 2025 · no financials extracted
D.H. PHOTOBOOTHS & EVENTS LTD
SC623334 · est 2019 · no financials extracted
7y
DAR ROPE ACCESS LIMITED
SC487487 · est 2014 · no financials extracted
11y
DART ENERGY (EUROPE) LIMITED
SC259898 · est 2003 · no financials extracted
22y
DAVID SHAW LTD
SC409009 · est 2011 · no financials extracted
14y
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
Incorporated2010-02-22
Jurisdictionscotland
Primary SIC32500 — SIC 32500

Registered office

56 Palmerston Place
Edinburgh
EH12 5AY

Filing status

Accounts
Next due:
Last made up to: 2019-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 3 resigned)

SMALE, Clare
secretary · appointed 2010-08-16
View their other companies + combined net worth →
Active
SMALE, John Richard
director · ~72y · appointed 2010-05-17
View their other companies + combined net worth →
Active
SMALE, Joseph Luke
director · ~41y · appointed 2019-01-01
View their other companies + combined net worth →
Active
SHELF SECRETARY LIMITED
corporate-secretary · appointed 2010-02-22 · resigned 2010-08-16
Resigned
BEVERIDGE, David Brannigan
director · ~52y · appointed 2010-02-22 · resigned 2010-05-17
Resigned
SHELF DIRECTOR LIMITED
corporate-director · appointed 2010-02-22 · resigned 2010-05-17
Resigned

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

Recent filings (36 total)

gazette-dissolved-liquidation
gazette · GAZ2
2022-05-16
liquidation-voluntary-creditors-return-of-final-meeting-scotland
insolvency · LIQ14(Scot)
2022-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-19
resolution
resolution · RESOLUTIONS
2020-10-14
resolution
resolution · RESOLUTIONS
2020-10-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-04
appoint-person-director-company-with-name-date
officers · AP01
2019-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-02-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2017-02-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-27