RATHU LTD

⚰️Wound downdissolved
SC693271 · ltd · incorporated 2021-03-24
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
55/100
Worth a look
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 55/100 (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: strategic trade sale (63/100).

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
3 officers (3 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
55
Some acquirability indicators.
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 (10 events)Click to expand
  1. 2023-02-21
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2023-02-21
    🏁
    Company dissolved
  3. 2022-12-06
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-11-28
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-11-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-03-24
    🏢
    Company incorporated
    As RATHU LTD
  7. 2021-03-24
    SHELF SECRETARY LIMITED appointed
    corporate-secretary
  8. 2021-03-24
    BEVERIDGE, David Brannigan appointed
    director
  9. 2021-03-24
    SHELF DIRECTOR LIMITED appointed
    corporate-director
  10. 2021-03-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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 2023-02-21

Group structure

Shelf Nominees Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Shelf Nominees Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
RATHU LTD
This company · SC693271

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%
NameSharesVoting rightsNature of controlNotified
Shelf Nominees Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/03/2021

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 →
🔒Tailored diligence questions

7 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.

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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
Incorporated2021-03-24
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

4/1 Standard Building C/O Macdonald Henderson
94 Hope Street
Glasgow
G2 6PH
Scotland

Filing status

Accounts
Next due:
Last made up to: 2022-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

SHELF SECRETARY LIMITED
corporate-secretary · appointed 2021-03-24
View their other companies + combined net worth →
Active
BEVERIDGE, David Brannigan
director · ~52y · appointed 2021-03-24
View their other companies + combined net worth →
Active
SHELF DIRECTOR LIMITED
corporate-director · appointed 2021-03-24
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-02-21
gazette-notice-voluntary
gazette · GAZ1(A)
2022-12-06
dissolution-application-strike-off-company
dissolution · DS01
2022-11-28
accounts-with-accounts-type-dormant
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
incorporation-company
incorporation · NEWINC
2021-03-24