WSM (SCOTLAND) LIMITED

⚰️Wound downdissolved
SC428680 · ltd · incorporated 2012-07-19
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 13.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 68). 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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 13.6y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 13.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (58/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
100
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 (36 events)Click to expand
  1. 2018-07-03
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-07-03
    🏁
    Company dissolved
  3. 2018-04-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-04-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2018-04-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2017-01-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2016-03-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2016-03-29
    🔓
    Charge satisfied #1
  9. 2016-03-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2016-02-18
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  11. 2016-01-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-08-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-06-17
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  14. 2014-10-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-08-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-07-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-04-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-10-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  19. 2012-10-09
    📄
    capital-allotment-shares
    capital · SH01
  20. 2012-09-19
    📄
    legacy
    mortgage · MG01s
  21. 2012-09-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2012-08-21
    📄
    capital-allotment-shares
    capital · SH01
  23. 2012-07-25
    📄
    capital-allotment-shares
    capital · SH01
  24. 2012-07-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2012-07-25
    📄
    appoint-person-director-company-with-name
    officers · AP01
  26. 2012-07-25
    📄
    appoint-person-director-company-with-name
    officers · AP01
  27. 2012-07-20
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  28. 2012-07-19
    🏢
    Company incorporated
    As WSM (SCOTLAND) LIMITED
  29. 2012-07-19
    ➕
    JOHNSTON, Alan Graham appointed
    director
  30. 2012-07-19
    ➕
    LOGIE, Maurice William appointed
    director
  31. 2012-07-19
    ➕
    COSEC LIMITED appointed
    corporate-secretary
  32. 2012-07-19
    ➖
    COSEC LIMITED resigned
    corporate-secretary
  33. 2012-07-19
    ➕
    MCMEEKIN, James Stuart appointed
    director
  34. 2012-07-19
    ➖
    MCMEEKIN, James Stuart resigned
    director
  35. 2012-07-19
    ➕
    COSEC LIMITED appointed
    corporate-director
  36. 2012-07-19
    ➖
    COSEC LIMITED resigned
    corporate-director

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 68 — succession pressure is live.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 2018-07-03

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Maurice William Logie
Individual · British · DOB 04/1958 · age 68
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Alan Graham Johnston
Individual · British · DOB 05/1975 · age 51
25–50%
25–50%board control25-50% shares · 25-50% 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 →

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2012-07-19
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

6th Floor
Gordon Chambers 90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due: —
Last made up to: 2016-04-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

JOHNSTON, Alan Graham→
director · ~51y · appointed 2012-07-19
View their other companies + combined net worth →
Active
LOGIE, Maurice William→
director · ~68y · appointed 2012-07-19
View their other companies + combined net worth →
Active
COSEC LIMITED→
corporate-secretary · appointed 2012-07-19 · resigned 2012-07-19
Resigned
MCMEEKIN, James Stuart→
director · ~59y · appointed 2012-07-19 · resigned 2012-07-19
Resigned
COSEC LIMITED→
corporate-director · appointed 2012-07-19 · resigned 2012-07-19
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—18/02/2016—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property17/09/201229/03/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-07-03
gazette-notice-voluntary
gazette · GAZ1(A)
2018-04-17
gazette-notice-compulsory
gazette · GAZ1
2018-04-10
dissolution-application-strike-off-company
dissolution · DS01
2018-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-31
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2016-08-12
mortgage-satisfy-charge-full
mortgage · MR04
2016-03-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2016-03-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-28
change-account-reference-date-company-previous-extended
accounts · AA01
2015-06-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-19