MEIKLERIG LTD
Opportunity 58/100 (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 (58/100).
Data confidence
Overall: low (48/100)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 (16 events)Click to expand
- 2015-06-12📄gazette-dissolved-compulsorygazette · GAZ2
- 2015-06-12🏁Company dissolved
- 2015-02-20📄gazette-notice-compulsorygazette · GAZ1
- 2013-12-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-10-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-01-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-07-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-12-20➖HABBICK, William Bruce resigneddirector
- 2011-12-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2010-10-21🏢Company incorporatedAs MEIKLERIG LTD
- 2010-10-21➕PATTERSON, Margaret appointedsecretary
- 2010-10-21➕PATTERSON, Margaret Houston appointeddirector
- 2010-10-21➕HABBICK, William Bruce appointeddirector
- 2010-10-21📄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.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-06-12
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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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Filing status
Officers (0 active · 1 resigned)
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