FIRST CARTON PAZO LTD

⚰️Wound downdissolved

00238339 · ltd · incorporated 1929-03-30

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

49/100

Watch

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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 49/100 (watch), bankability 52/100. Strong seller-intent signal (60/100, director aged 63). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

6 live charges · 6 lenders · oldest 40.7y

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 40.7 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 50/100 (high).

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

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

39 officers (2 active, 39 linked, 30 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

11 connected companies via shared directors

Filing history

209 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

49/100Watch

PassWatchWorth a lookStrongExceptional

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (105 events)Click to expand

2022-03-15
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2022-03-15
🏁
Company dissolved
2021-12-15
⚠️
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2021-09-30
📍
move-registers-to-sail-company-with-new-address
address · AD03
2021-09-30
📍
change-sail-address-company-with-new-address
address · AD02
2021-09-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-25
⚠️
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2021-03-25
⚠️
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2021-03-25
📄
resolution
resolution · RESOLUTIONS
2021-02-19
📄
legacy
capital · SH20
2021-02-19
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2021-02-19
⚠️
legacy
insolvency · CAP-SS
2021-02-19
📄
resolution
resolution · RESOLUTIONS
2020-11-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-11-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-04
➕
SHARKEY II, David Hickey appointed
director
2020-11-04
➖
DARRINGTON, Andrew resigned
director
2020-11-04
➖
WILKINSON, Neil resigned
director
2020-03-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-12-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-11
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-12-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-11-28
➕
MAXWELL, Kevin Alden appointed
director
2019-11-28
➖
PRIESTLEY, Mark Richard resigned
secretary
2019-11-28
➖
PRIESTLEY, Mark Richard resigned
director
2019-11-28
➕
WILKINSON, Neil appointed
director
2017-09-06
➖
SMITH, Ricki Brent resigned
director
2017-02-10
➕
DARRINGTON, Andrew appointed
director
2017-02-10
➖
REGNIERS, Yves resigned
director
2017-02-10
➕
SMITH, Ricki Brent appointed
director
2011-03-28
➖
FALLER, Guy Nicholas Anthony resigned
director
2011-03-28
➕
REGNIERS, Yves appointed
director
2008-03-18
➖
KUDO, Machiko resigned
secretary
2008-03-18
➕
PRIESTLEY, Mark Richard appointed
secretary
2008-02-13
🔓
Charge satisfied #6
2008-02-13
🔓
Charge satisfied #5
2008-02-13
🔓
Charge satisfied #4
2008-02-13
🔓
Charge satisfied #3
2008-01-14
➖
PIERCE, Stephen Keith resigned
director
2008-01-14
➕
PRIESTLEY, Mark Richard appointed
director
2007-08-31
➕
FALLER, Guy Nicholas Anthony appointed
director
2007-08-31
➕
PIERCE, Stephen Keith appointed
director
2007-08-31
➖
RYLANCE, Neil resigned
director
2007-08-31
➖
SCULLY, Richard Andrew resigned
director
2005-12-22
➖
GILCHRIST, Keith resigned
director

Showing most recent 50 of 105 events

Owner dependency

66/100

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.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

66/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 97 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-03-15

5 insolvency-related filings on record

high

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

Evidence: 2022-03-15: gazette-dissolved-liquidation; 2021-12-15: liquidation-voluntary-members-return-of-final-meeting

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.

Group structure

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

🏛️

Field First Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

FIRST CARTON PAZO LTD

This company · 00238339

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
Field First Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control · firm interest	06/04/2016

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

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ACS ED SHELF 11 LIMITED→ 10752358 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ACS ED SHELF 5 LIMITED→ 12442368 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
ACS ED SHELF 7 LIMITED→ 12422629 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
ACTION CARE LIMITED→ 13212361 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ACTION YEMEN LIMITED→ 14940578 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACTIVE HUMANITY LTD→ 16785062 · est 2025 · no financials extracted	—	—	—	—	—	—	—
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ADB MANAGEMENT SERVICES LIMITED→ 11649537 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated1929-03-30

Jurisdictionengland-wales

Primary SIC99999 — SIC 99999

Registered office

C/O Teneo Restructuring Limited 156 Great Charles Street

Queensway

Birmingham

West Midlands

B3 3HN

Filing status

Accounts

Next due: —

Last made up to: 2019-09-30

Confirmation statement

Next due: —

Last: —

Officers (0 active · 37 resigned)

MAXWELL, Kevin Alden→

director · ~51y · appointed 2019-11-28

View their other companies + combined net worth →

Active

SHARKEY II, David Hickey→

director · ~63y · appointed 2020-11-04

View their other companies + combined net worth →

Active

ANTHONY WILKINSON, Katherine Frances→

secretary · appointed 1996-04-15 · resigned 1998-03-02

Resigned

DE VROOME, Peter John→

secretary · appointed 1998-03-04 · resigned 1999-06-15

Resigned

HALSTEAD, John Stephen→

secretary · resigned 1993-04-23

Resigned

HASELDEN, Mark Gordon Holderer→

secretary · appointed 1999-06-15 · resigned 2001-10-29

Resigned

KUDO, Machiko→

secretary · appointed 2004-11-11 · resigned 2008-03-18

Resigned

MARCHIONNE, Sergio→

secretary · appointed 1993-04-23 · resigned 1998-03-02

Resigned

PRIESTLEY, Mark Richard→

secretary · appointed 2008-03-18 · resigned 2019-11-28

Resigned

SCULLY, Richard Andrew→

secretary · appointed 2001-10-29 · resigned 2004-11-11

Resigned

SISEC LIMITED→

corporate-secretary · appointed 1998-03-02 · resigned 1998-03-03

Resigned

BLOOMFIELD, Terence James→

director · ~87y · resigned 1996-07-31

Resigned

DARRINGTON, Andrew→

director · ~49y · appointed 2017-02-10 · resigned 2020-11-04

Resigned

DONOGHUE, Alan Barry→

director · ~88y · resigned 1997-10-31

Resigned

FALLER, Guy Nicholas Anthony→

director · ~68y · appointed 2007-08-31 · resigned 2011-03-28

Resigned

GALLAGHER, Graham→

director · ~64y · appointed 1998-03-02 · resigned 2000-10-10

Resigned

GILCHRIST, Keith→

director · ~78y · appointed 2000-10-10 · resigned 2005-12-22

Resigned

GRASSELLI, Massimo→

director · ~75y · appointed 1993-04-23 · resigned 1994-01-14

Resigned

HALSTEAD, John Stephen→

director · ~81y · resigned 1993-04-23

Resigned

HALSTEAD, John Stephen→

director · ~81y · resigned 1998-03-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
satisfied	Ppm Ventures as Security Trustee for the Equity Parties Ppm Ventures Limited as Security Trustee for the Equity Parties	Deed of amendment,accession and supplemental charge	1 property	28/06/1999	13/02/2008
satisfied	Ppm Ventures Ppm Ventures Limited	Deed of amendment accession and supplemental charge	1 property	10/05/1999	13/02/2008
satisfied	Robert Fleming & Co. as the Security Agent Robert Fleming & Co. Limited as the Security Agent	Guarantee and debenture	2 properties	02/03/1998	13/02/2008
satisfied	Ppm Ventures (As Security Trustee) Ppm Ventures Limited (As Security Trustee)	Composite guarantee and debenture	1 property	02/03/1998	13/02/2008
satisfied	Citibank, N.A.	Composite trust debenture	1 property	26/11/1985	14/02/1987
satisfied	Citibank Na	Composite trust debenture	1 property	30/08/1985	14/02/1987

Recent filings (209 total)

gazette-dissolved-liquidation

gazette · GAZ2

2022-03-15

liquidation-voluntary-members-return-of-final-meeting

insolvency · LIQ13

2021-12-15

move-registers-to-sail-company-with-new-address

address · AD03

2021-09-30

change-sail-address-company-with-new-address

address · AD02

2021-09-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-09-06

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-06-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-06-18

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-03-27

liquidation-voluntary-appointment-of-liquidator

insolvency · 600

2021-03-25

liquidation-voluntary-declaration-of-solvency

insolvency · LIQ01

2021-03-25

resolution

resolution · RESOLUTIONS

2021-03-25

legacy

capital · SH20

2021-02-19

capital-statement-capital-company-with-date-currency-figure

capital · SH19

2021-02-19

legacy

insolvency · CAP-SS

2021-02-19

resolution

resolution · RESOLUTIONS

2021-02-19