29 STEPS CIC

⚰️Wound downdissolved
SC478989 · private-limited-guarant-nsc · incorporated 2014-06-02
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
50/100
Worth a look
🔔
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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: low (49/100)

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
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth 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
75
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 (17 events)Click to expand
  1. 2020-01-23
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2020-01-23
    🏁
    Company dissolved
  3. 2019-10-23
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting-scotland
    insolvency · LIQ14(Scot)
  4. 2018-04-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2018-04-05
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2017-10-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2017-09-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2017-03-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2016-08-05
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  10. 2016-04-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-07-28
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  12. 2014-06-02
    🏢
    Company incorporated
    As 29 STEPS CIC
  13. 2014-06-02
    MCGUNIGAL, Lynne Anne appointed
    director
  14. 2014-06-02
    O'NEIL, Gillian Lorraine appointed
    director
  15. 2014-06-02
    O'NEIL, Katelin Louise appointed
    director
  16. 2014-06-02
    O'NEIL, Kevin appointed
    director
  17. 2014-06-02
    📄
    incorporation-community-interest-company
    incorporation · CICINC

Owner dependency

61/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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 2020-01-23

2 insolvency-related filings on record
high

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

Evidence: 2020-01-23: gazette-dissolved-liquidation; 2019-10-23: liquidation-voluntary-creditors-return-of-final-meeting-scotland

🔒Co-director network graph

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

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeprivate-limited-guarant-nsc
Incorporated2014-06-02
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

C/O Johnston Carmichael Llp
227 West George Street
Glasgow
G2 2ND

Filing status

Accounts
Next due:
Last made up to: 2016-06-30
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

MCGUNIGAL, Lynne Anne
director · ~48y · appointed 2014-06-02
View their other companies + combined net worth →
Active
O'NEIL, Gillian Lorraine
director · ~58y · appointed 2014-06-02
View their other companies + combined net worth →
Active
O'NEIL, Katelin Louise
director · ~34y · appointed 2014-06-02
View their other companies + combined net worth →
Active
O'NEIL, Kevin
director · ~58y · appointed 2014-06-02
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

gazette-dissolved-liquidation
gazette · GAZ2
2020-01-23
liquidation-voluntary-creditors-return-of-final-meeting-scotland
insolvency · LIQ14(Scot)
2019-10-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-04-05
resolution
resolution · RESOLUTIONS
2018-04-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2017-10-10
gazette-notice-compulsory
gazette · GAZ1
2017-09-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-03-14
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2016-08-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-27
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-07-28
incorporation-community-interest-company
incorporation · CICINC
2014-06-02