MIG CONSULTING (SCOTLAND) LTD

⚰️Wound downdissolved
SC548130 · ltd · incorporated 2016-10-19
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window opening · high confidence
More negotiable than before — 5 signals weakening over the last 30 days.
  • · Lifecycle stage: established → wound-down
  • · Company status: active → dissolved
  • · Opportunity score: 76 → 59
  • · Deal-killer verdict: clean → high-friction
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 10 recent signals weakening vs 2 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 5 negative signals vs 1 positive.

  • ↓Lifecycle stage: established → wound-down
  • ↓Company status: active → dissolved
  • ↓Deal-killer verdict: clean → high-friction
  • ↓Opportunity score: 76 → 59
  • ↓Bankability: 75 → 70
  • +2 more
Last 90 days

Picture worsened over the last 90 days — 5 negative signals vs 1 positive.

  • ↓Lifecycle stage: established → wound-down
  • ↓Company status: active → dissolved
  • ↓Deal-killer verdict: clean → high-friction
  • ↓Opportunity score: 76 → 59
  • ↓Bankability: 75 → 70
  • +2 more
Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
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Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
59/100
Worth a look
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (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 (73/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • • 1 gazette
Last 90 days
1
filing
  • • 1 gazette
Last 180 days
4
filings
  • • 2 gazette
  • • 1 dissolution
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-07-07
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2026-07-07
    🏁
    Company dissolved
  3. 2026-03-31
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2026-03-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2026-02-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2016-10-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2016-10-19
    🏢
    Company incorporated
    As MIG CONSULTING (SCOTLAND) LTD
  17. 2016-10-19
    ➕
    GREENSMITH, Martyn Ian appointed
    director
  18. 2016-10-19
    ➕
    GREENSMITH, Susan appointed
    director
  19. 2016-10-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 2026-07-07

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Martyn Greensmith
Individual · British · DOB 11/1955 · age 71
75–100%
75–100%75-100% shares · 75-100% voting19/10/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2016-10-19
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Templars House South Deeside Road
Maryculter
Aberdeen
AB12 5GB
Scotland

Filing status

Accounts
Next due: —
Last made up to: 2025-10-31
Confirmation statement
Next due: —
Last: 2025-05-04

Officers (0 active · 0 resigned)

GREENSMITH, Martyn Ian→
director · ~71y · appointed 2016-10-19
View their other companies + combined net worth →
Active
GREENSMITH, Susan→
director · ~70y · appointed 2016-10-19
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-07-07
gazette-notice-voluntary
gazette · GAZ1(A)
2026-03-31
dissolution-application-strike-off-company
dissolution · DS01
2026-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-02