00199971 PLC

⚰️Wound downliquidation
00199971 · plc · incorporated 1924-08-21
Investment thesis
Company liquidation — 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
25/100
Pass
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Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 25/100 (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 (90/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 56.6y

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 56.6 years old — likely at or near maturity.
  • · 6 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
7 charges (7/7 with lender, 7/7 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
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
25/100Pass
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
5
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 (36 events)Click to expand
  1. 2024-11-12
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  2. 2015-12-29
    📄
    restoration-order-of-court
    restoration · AC92
  3. 2000-06-12
    ⚠️
    liquidation-compulsory-completion
    insolvency · L64.07
  4. 1999-09-03
    ⚠️
    legacy
    insolvency · 405(2)
  5. 1999-09-03
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  6. 1999-01-05
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  7. 1998-01-16
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  8. 1996-12-23
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  9. 1995-12-18
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  10. 1994-12-20
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  11. 1994-08-11
    ⚠️
    legacy
    insolvency · SPEC PEN
  12. 1994-01-05
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  13. 1993-01-13
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  14. 1992-01-28
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  15. 1991-05-21
    ⚠️
    liquidation-receiver-statement-of-affairs
    insolvency · 3.3
  16. 1991-04-02
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  17. 1991-03-19
    📄
    legacy
    officers · 288
  18. 1991-03-17
    📄
    legacy
    officers · 288
  19. 1991-02-20
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  20. 1991-02-17
    📄
    legacy
    officers · 288
  21. 1990-12-19
    ⚠️
    legacy
    insolvency · 405(1)
  22. 1990-12-17
    📍
    legacy
    address · 287
  23. 1990-11-01
    📄
    legacy
    officers · 288
  24. 1990-10-25
    📄
    legacy
    officers · 288
  25. 1990-09-26
    📄
    resolution
    resolution · RESOLUTIONS
  26. 1990-06-26
    🔓
    Charge satisfied #2
  27. 1990-05-31
    🔒
    Charge registered #7
    Lender: Hill Samuel Bank LTD
  28. 1990-05-31
    🔒
    Charge registered #6
    Lender: Hill Samuel Bank LTD
  29. 1990-03-14
    🔓
    Charge satisfied #5
  30. 1989-09-01
    🔓
    Charge satisfied #4
  31. 1989-08-23
    🔒
    Charge registered #5
    Lender: Mount Barking Corporation Limited
  32. 1988-02-03
    🔒
    Charge registered #4
    Lender: G.A. Freeberg
  33. 1987-05-21
    🔒
    Charge registered #3
    Lender: Keatway Limited
  34. 1984-11-09
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  35. 1969-09-24
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  36. 1924-08-21
    🏢
    Company incorporated
    As 00199971 PLC

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 102 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 102 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 med ·
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: 1996-01-30

Confirmation statement overdue
high

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

Evidence: Next due: 2016-11-23

Company in liquidation
high

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

16 insolvency-related filings on record
high

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

Evidence: 2000-06-12: liquidation-compulsory-completion; 1999-09-03: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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.

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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

Statusliquidation
Typeplc
Incorporated1924-08-21
Jurisdictionengland-wales
Primary SIC

Registered office

00199971 - COMPANIES HOUSE DEFAULT ADDRESS
Cardiff
CF14 8LH

Filing status

Accounts
Next due: 1996-01-30OVERDUE
Last made up to:
Confirmation statement
Next due: 2016-11-23OVERDUE
Last:

Officers (0 active · 0 resigned)

Mortgages & charges

7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Hill Samuel Bank
Hill Samuel Bank LTD
Legal mortgage2 properties31/05/1990
outstanding
Hill Samuel Bank
Hill Samuel Bank LTD
Debenture1 property31/05/1990
satisfied
Mount Barking Corporation
Mount Barking Corporation Limited
Legal mortgage1 property23/08/198914/03/1990
satisfied
G.A. Freeberg / K.P. Birchill / R. W. Giles / Richards, Longstaff (Pension & Trustee) / R.H. Courtland
G.A. Freeberg / K.P. Birchill / R. W. Giles / Richards, Longstaff (Pension & Trustee) Limited / R.H. Courtland
Debenture1 property03/02/198801/09/1989
outstanding
Keatway
Keatway Limited
Debenture1 property21/05/1987
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property09/11/198426/06/1990
outstanding
Barclays
Barclays Bank PLC
Memorandum of deposit of title deeds2 properties24/09/1969
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

default-companies-house-registered-office-address-applied
address · RP05
2024-11-12
restoration-order-of-court
restoration · AC92
2015-12-29
liquidation-compulsory-completion
insolvency · L64.07
2000-06-12
legacy
insolvency · 405(2)
1999-09-03
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1999-09-03
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1999-01-05
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1998-01-16
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1996-12-23
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1995-12-18
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1994-12-20
legacy
insolvency · SPEC PEN
1994-08-11
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1994-01-05
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1993-01-13
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1992-01-28
liquidation-receiver-statement-of-affairs
insolvency · 3.3
1991-05-21