EXCHANGELAW (466) LIMITED

⚰️Wound downdissolved

SC373434 · 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

61/100

Worth a look

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 72). 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 (47/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (3 active, 6 linked, 3 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

21 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

61/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2016-02-16
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-02-16
🏁
Company dissolved
2015-12-01
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2015-11-19
📄
dissolution-application-strike-off-company
dissolution · DS01
2015-03-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-03-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-10-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2013-03-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2012-02-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-24
📄
change-person-secretary-company-with-change-date
officers · CH03
2011-11-18
📄
capital-allotment-shares
capital · SH01
2011-11-18
📄
termination-secretary-company-with-name
officers · TM02
2011-11-18
📄
termination-director-company-with-name
officers · TM01
2011-11-18
📄
termination-director-company-with-name
officers · TM01
2011-11-18
📄
appoint-person-secretary-company-with-name
officers · AP03
2011-11-18
📄
appoint-person-director-company-with-name
officers · AP01
2011-11-18
📄
appoint-person-director-company-with-name
officers · AP01
2011-11-15
➕
TIERNEY, Edward appointed
secretary
2011-11-15
➕
MACDONALD, Morinne appointed
director
2011-11-15
➕
TIERNEY, Edward appointed
director
2011-11-15
➖
SHELF SECRETARY LIMITED resigned
corporate-secretary
2011-11-15
➖
BEVERIDGE, David Brannigan resigned
director
2011-11-15
➖
SHELF DIRECTOR LIMITED resigned
corporate-director
2011-10-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2011-03-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-22
🏢
Company incorporated
As EXCHANGELAW (466) LIMITED
2010-02-22
➕
SHELF SECRETARY LIMITED appointed
corporate-secretary
2010-02-22
➕
BEVERIDGE, David Brannigan appointed
director
2010-02-22
➕
SHELF DIRECTOR LIMITED appointed
corporate-director
2010-02-22
📄
incorporation-company
incorporation · NEWINC

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 72 — succession pressure is live.

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 14 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

1 high ·

Company dissolved

high

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

Evidence: Dissolved on 2016-02-16

🔒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.

See pricing →

Company details

Statusdissolved

Typeltd

Incorporated2010-02-22

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

Standard Buildings (4th Fl.)

94 Hope Street

Glasgow

Lanarkshire

G2 6PH

Filing status

Accounts

Next due: —

Last made up to: 2014-02-28

Confirmation statement

Next due: —

Last: —

Officers (0 active · 3 resigned)

TIERNEY, Edward→

secretary · appointed 2011-11-15

View their other companies + combined net worth →

Active

MACDONALD, Morinne→

director · ~70y · appointed 2011-11-15

View their other companies + combined net worth →

Active

TIERNEY, Edward→

director · ~72y · appointed 2011-11-15

View their other companies + combined net worth →

Active

SHELF SECRETARY LIMITED→

corporate-secretary · appointed 2010-02-22 · resigned 2011-11-15

Resigned

BEVERIDGE, David Brannigan→

director · ~52y · appointed 2010-02-22 · resigned 2011-11-15

Resigned

SHELF DIRECTOR LIMITED→

corporate-director · appointed 2010-02-22 · resigned 2011-11-15

Resigned

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

Recent filings (21 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2016-02-16

gazette-notice-voluntary

gazette · GAZ1(A)

2015-12-01

dissolution-application-strike-off-company

dissolution · DS01

2015-11-19

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2015-03-02

accounts-with-accounts-type-dormant

accounts · AA

2014-11-18

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2014-03-05

accounts-with-accounts-type-dormant

accounts · AA

2013-10-31

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2013-03-18

accounts-with-accounts-type-dormant

accounts · AA

2012-11-19

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2012-02-24

change-person-secretary-company-with-change-date

officers · CH03

2012-02-24

capital-allotment-shares

capital · SH01

2011-11-18

termination-secretary-company-with-name

officers · TM02

2011-11-18

termination-director-company-with-name

officers · TM01

2011-11-18

termination-director-company-with-name

officers · TM01

2011-11-18