LINPEN SUB LIMITED
⚰️Wound downdissolved
SC481723 · ltd · incorporated 2014-07-08
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
61/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 84). 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).
Data confidence
Overall: medium (60/100)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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
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 (30 events)Click to expand
- 2018-02-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-02-27🏁Company dissolved
- 2017-12-12📄gazette-notice-voluntarygazette · GAZ1(A)
- 2017-12-06📄dissolution-application-strike-off-companydissolution · DS01
- 2017-07-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-07-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-07-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-02-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-02-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-08-21📄resolutionresolution · RESOLUTIONS
- 2014-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-08-19✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2014-08-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-08-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-08-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2014-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-08-18➕CAMERON, David John appointeddirector
- 2014-08-18➕LINTON, Bruce Reid appointeddirector
- 2014-08-18➖HMS SECRETARIES LIMITED resignedcorporate-secretary
- 2014-08-18➖MUNRO, Donald John resigneddirector
- 2014-08-18➖HMS DIRECTORS LIMITED resignedcorporate-director
- 2014-07-08🏢Company incorporatedAs LINPEN SUB LIMITED
- 2014-07-08➕HMS SECRETARIES LIMITED appointedcorporate-secretary
- 2014-07-08➕MUNRO, Donald John appointeddirector
- 2014-07-08➕HMS DIRECTORS LIMITED appointedcorporate-director
- 2014-07-08📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 84 — succession pressure is live.
Succession & seller-readiness
71/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-02-27
Group structure
Lincam Pentland Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lincam Pentland Limited
Corporate parent · holds 75-100% shares
⬇
LINPEN SUB LIMITED
This company · SC481723
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lincam Pentland Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
2 historic (ceased) PSCs
- Mr David John Cameronceased 06/04/2017· 25-50% shares
- Mr Bruce Reid Lintonceased 06/04/2017· 25-50% shares
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 →Similar companies
Active · Other · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MACNAUGHTON GROUP LIMITED→ SC032244 · est 1957 · no financials extracted | — | — | — | — | 68y | — | — |
| MCCASH & HUNTER LLP→ SO301703 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| MCINTYRE & COMPANY SOLICITORS LLP→ SO307656 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MFM SECURITY SYSTEMS LTD→ SC878701 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MIDDLETON AND ROSE LLP→ SO303099 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| MILLDEN SPORTING LLP→ SO300407 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| MONZIE AND CULTOQUHEY FARMS→ SL003004 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| NANO SOMA LTD→ SC742624 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NC 500 LIMITED→ SC504747 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| NEILL MONTEITH PARTNERS→ SL002882 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| NETHY BRIDGE COMMUNITY CENTRE→ SC379387 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| NETHY BRIDGE COMMUNITY DEVELOPMENT COMPANY→ SC307320 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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.
See pricing →Company details
Statusdissolved
Typeltd
Incorporated2014-07-08
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
First Floor
111 Grampian Road
Aviemore
Inverness-Shire
PH22 1RH
Filing status
Accounts
Next due: —
Last made up to: 2016-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
CAMERON, David John→
Activedirector · ~84y · appointed 2014-08-18
View their other companies + combined net worth →
LINTON, Bruce Reid→
Activedirector · ~73y · appointed 2014-08-18
View their other companies + combined net worth →
HMS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2014-07-08 · resigned 2014-08-18
MUNRO, Donald John→
Resigneddirector · ~55y · appointed 2014-07-08 · resigned 2014-08-18
HMS DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2014-07-08 · resigned 2014-08-18
Click a director name to see their full track record across all companies.
Recent filings (22 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-02-27
gazette-notice-voluntary
gazette · GAZ1(A)
2017-12-12
dissolution-application-strike-off-company
dissolution · DS01
2017-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-07-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2017-07-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-07-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-07-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2016-07-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-03-23
resolution
resolution · RESOLUTIONS
2014-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-08-19