00087989 LIMITED

⚰️Wound downliquidation
00087989 · ltd · incorporated 1906-03-15
Investment thesis
Company liquidation — 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
26/100
Pass
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Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 26/100 (pass), bankability 0/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (100/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 58.2y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 58.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (33/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
No officers data
0
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
26/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
10
Multiple red flags — proceed with caution.
Signal strength
70
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 (32 events)Click to expand
  1. 2021-12-08
    ⚠️
    order-of-court-restoration-previously-creditors-voluntary-liquidation
    insolvency · REST-CVL
  2. 2021-07-06
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  3. 2021-07-06
    🏁
    Company dissolved
  4. 2021-04-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2015-09-21
    📄
    restoration-order-of-court
    restoration · AC92
  6. 2014-10-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  7. 2014-07-01
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  8. 2013-05-25
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2013-03-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  10. 2012-03-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2012-01-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2011-05-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2011-03-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2010-10-14
    📄
    restoration-order-of-court
    restoration · AC92
  15. 2004-09-06
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  16. 2004-09-06
    📄
    miscellaneous
    miscellaneous · MISC
  17. 2004-09-06
    📄
    miscellaneous
    miscellaneous · MISC
  18. 2004-09-05
    ⚠️
    legacy
    insolvency · LIQ
  19. 2004-04-23
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  20. 2003-11-05
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  21. 2003-04-25
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  22. 2002-10-15
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  23. 2002-05-03
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  24. 2001-11-28
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  25. 2001-08-31
    📍
    legacy
    address · 287
  26. 2001-04-23
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  27. 1971-09-15
    🔒
    Charge registered #5
    Lender: Royal Exchange Assurance.
  28. 1970-11-06
    🔒
    Charge registered #3
    Lender: East Kilbride Development Corp
  29. 1970-11-04
    🔒
    Charge registered #4
    Lender: East Kilbride Development Corp
  30. 1968-07-17
    🔒
    Charge registered #2
    Lender: Royal Exchange Assurance
  31. 1968-02-22
    🔒
    Charge registered #1
    Lender: Royal Exchange Assurance
  32. 1906-03-15
    🏢
    Company incorporated
    As 00087989 LIMITED

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 120 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 120 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2001-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-08-18

Company in liquidation
high

Company is actively being wound up. Not a going concern.

10 insolvency-related filings on record
high

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

Evidence: 2021-12-08: order-of-court-restoration-previously-creditors-voluntary-liquidation; 2004-09-06: liquidation-voluntary-creditors-return-of-final-meeting

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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12 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 →
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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.

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Company details

Statusliquidation
Typeltd
Incorporated1906-03-15
Jurisdictionengland-wales
Primary SIC

Registered office

PO BOX 695
8 Salisbury Square
London
EC4Y 8BB

Filing status

Accounts
Next due: 2001-01-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2016-08-18OVERDUE
Last:

Officers (0 active · 0 resigned)

Mortgages & charges

5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Royal Exchange Assurance.
Deed of charge1 property15/09/1971
outstanding
East Kilbride Development Corp
Bond cash credit and assignation on security1 property06/11/1970
outstanding
East Kilbride Development Corp
Bond cash credit and assignation on security2 properties04/11/1970
outstanding
Royal Exchange Assurance
Series of debentures1 property17/07/1968
outstanding
Royal Exchange Assurance
Trust deed1 property22/02/1968
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

order-of-court-restoration-previously-creditors-voluntary-liquidation
insolvency · REST-CVL
2021-12-08
gazette-dissolved-compulsory
gazette · GAZ2
2021-07-06
gazette-notice-compulsory
gazette · GAZ1
2021-04-20
restoration-order-of-court
restoration · AC92
2015-09-21
gazette-dissolved-compulsory
gazette · GAZ2
2014-10-14
gazette-notice-voluntary
gazette · GAZ1(A)
2014-07-01
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2013-05-25
gazette-notice-voluntary
gazette · GAZ1(A)
2013-03-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-03-13
gazette-notice-compulsory
gazette · GAZ1
2012-01-31
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-05-20
gazette-notice-compulsory
gazette · GAZ1
2011-03-08
restoration-order-of-court
restoration · AC92
2010-10-14
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2004-09-06
miscellaneous
miscellaneous · MISC
2004-09-06