PINGA PROFESSIONAL LIMITED

⚰️Wound downdissolved
SC479658 · ltd · incorporated 2014-06-10
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
49/100
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What this business does
Primary activity: Solicitors
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 49/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. 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). Current lenders should be on monthly review.

Data confidence

Overall: medium (56/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
70
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 (24 events)Click to expand
  1. 2024-05-06
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2024-05-06
    🏁
    Company dissolved
  3. 2024-02-06
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting-scotland
    insolvency · LIQ13(Scot)
  4. 2023-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-08
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2022-04-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2021-06-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-06-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-06-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2020-06-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2020-06-10
    BURNETT & REID LLP resigned
    corporate-secretary
  15. 2020-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-11-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  18. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-06-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2017-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2014-06-10
    🏢
    Company incorporated
    As PINGA PROFESSIONAL LIMITED
  23. 2014-06-10
    ARGO, Philip appointed
    director
  24. 2014-06-10
    BURNETT & REID LLP appointed
    corporate-secretary

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 2024-05-06

2 insolvency-related filings on record
high

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

Evidence: 2024-05-06: gazette-dissolved-liquidation; 2024-02-06: liquidation-voluntary-members-return-of-final-meeting-scotland

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Philip Argo
Individual · British · DOB 02/1963 · age 63
75100%
75-100% shares06/04/2016

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.

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

Statusdissolved
Typeltd
Incorporated2014-06-10
Jurisdictionscotland
Primary SIC69102 — Solicitors

Registered office

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

Filing status

Accounts
Next due:
Last made up to: 2021-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

ARGO, Philip
director · ~63y · appointed 2014-06-10
View their other companies + combined net worth →
Active
BURNETT & REID LLP
corporate-secretary · appointed 2014-06-10 · resigned 2020-06-10
Resigned

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

Recent filings (32 total)

gazette-dissolved-liquidation
gazette · GAZ2
2024-05-06
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2024-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-08
resolution
resolution · RESOLUTIONS
2023-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-14
change-person-director-company-with-change-date
officers · CH01
2021-06-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-30
termination-secretary-company-with-name-termination-date
officers · TM02
2020-06-15