EXCHANGELAW (488) LIMITED

⚰️Wound downdissolved
SC417232 · ltd · incorporated 2012-02-17
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
60/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (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: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
80
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 (12 events)Click to expand
  1. 2013-10-04
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2013-10-04
    🏁
    Company dissolved
  3. 2013-06-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2012-10-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2012-10-18
    SHELF SECRETARY LIMITED resigned
    corporate-secretary
  6. 2012-02-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  7. 2012-02-17
    🏢
    Company incorporated
    As EXCHANGELAW (488) LIMITED
  8. 2012-02-17
    LOVE, Alan appointed
    director
  9. 2012-02-17
    WORMSER, Alan appointed
    director
  10. 2012-02-17
    WORMSER, David appointed
    director
  11. 2012-02-17
    SHELF SECRETARY LIMITED appointed
    corporate-secretary
  12. 2012-02-17
    📄
    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
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 14 years.
  • 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 2013-10-04

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2012-02-17
Jurisdictionscotland
Primary SIC

Registered office

Unit C Fallside Industrial Estate Coalburn Road
Bothwell
Glasgow
G71 8DA
Scotland

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

LOVE, Alan
director · ~57y · appointed 2012-02-17
View their other companies + combined net worth →
Active
WORMSER, Alan
director · ~68y · appointed 2012-02-17
View their other companies + combined net worth →
Active
WORMSER, David
director · ~73y · appointed 2012-02-17
View their other companies + combined net worth →
Active
SHELF SECRETARY LIMITED
corporate-secretary · appointed 2012-02-17 · resigned 2012-10-18
Resigned

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

Recent filings (5 total)

gazette-dissolved-compulsory
gazette · GAZ2
2013-10-04
gazette-notice-compulsory
gazette · GAZ1
2013-06-14
termination-secretary-company-with-name-termination-date
officers · TM02
2012-10-19
change-account-reference-date-company-current-shortened
accounts · AA01
2012-02-27
incorporation-company
incorporation · NEWINC
2012-02-17