EAST LANCASHIRE COACHBUILDERS LIMITED
🌳Matureactive
00293485 · ltd · incorporated 1934-10-27
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
48/100
Watch
What this business does
Primary activity: SIC 3410
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 48/100 (watch), bankability 2/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (70/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
13 live charges · 8 lenders · oldest 42.0y
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 42.0 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 75/100 (specialist).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
20 officers (5 active, 20 linked, 16 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
164 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
15
Multiple red flags — proceed with caution.
Signal strength
100
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 (73 events)Click to expand
- 2020-10-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-06-28📄restoration-order-of-courtrestoration · AC92
- 2016-04-05⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-04-05🏁Company dissolved
- 2016-01-05⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2015-09-02⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2015-02-25⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-08-28⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-03-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2013-09-02⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2013-03-12⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-08-17⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-02-27⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-08-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-03-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-08-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-03-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-02-10⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2009-02-10⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2008-09-22⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2008-09-19⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2008-08-05⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2008-03-20⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2007-10-22⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2007-09-05⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2007-09-03📍legacyaddress · 287
- 2007-08-17➖LIM, Eileen Frances resigneddirector
- 2007-02-08🔒Charge registered #13Lender: Dawson Thomas Williams
- 2005-11-01➕WARD, Michael Joseph appointeddirector
- 2005-04-25🔒Charge registered #12Lender: Dawson Thomas Williams
- 2005-03-22➕LIM, Eileen Frances appointeddirector
- 2005-01-17➖HILTON, Philip resigneddirector
- 2003-12-22➕KAUFMAN, Alan appointedsecretary
- 2003-12-22➖WESTALL, Derek Graham resignedsecretary
- 2002-10-09➕POWELL, David Anthony appointeddirector
- 2002-08-29➕HORN, John Richard appointeddirector
- 2002-08-16➖CLARKE, Christopher William resigneddirector
- 2000-11-07🔓Charge satisfied #9
- 2000-11-07🔓Charge satisfied #8
- 2000-09-12🔒Charge registered #11Lender: Yorkshire Bank PLC
- 2000-09-04🔒Charge registered #10Lender: Yorkshire Bank PLC
- 1998-06-04➕KILROY, Michael Kevin appointeddirector
- 1997-09-04➖WILLIAMS, Dawson Thomas resigneddirector
- 1996-09-30➖LIGHTBURN, Trevor resignedsecretary
- 1996-09-30➕WESTALL, Derek Graham appointedsecretary
- 1996-09-30➖LIGHTBURN, Trevor resigneddirector
- 1996-08-01➖MARTIN, David Robert resigneddirector
- 1996-08-01➖WATT, Gordon George resigneddirector
- 1995-06-19🔒Charge registered #9Lender: National Westminster Bank PLC
- 1994-12-09➖STANLEY, Richard Morgan Oliver, The Honourable resigneddirector
Showing most recent 50 of 73 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 92 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 2 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2008-02-29
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-07-19
22 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-04-05: gazette-dissolved-liquidation; 2016-01-05: liquidation-voluntary-creditors-return-of-final-meeting
Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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
Active · Other · PR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1A NETWORKS LIMITED→ 03740768 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| 25/27 PRESTON STREET RESIDENTS LIMITED→ 02929264 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| 39 CAMBRIDGE ROAD (SOUTHPORT) MANAGEMENT COMPANY LIMITED→ 02572448 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| A.D. VARLEY & CO→ LP004950 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| A.D.ANTROBUS LTD→ 14764256 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AALBORG PLACE LLP→ OC343529 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ABBEY MEADS FINANCIAL LTD→ 03005688 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| ABSOLUTELY PROPERTIES LIMITED→ 13628762 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACEA PROPERTIES LTD→ 11454898 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACTION IMPORT AND EXPORT LIMITED→ 09023352 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACTIVATE YOUR LIFE→ 06749124 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACUTE RECRUIT LTD→ 13807949 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
13 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
Statusactive
Typeltd
Incorporated1934-10-27
Jurisdictionengland-wales
Primary SIC3410 — SIC 3410
Registered office
Begbies Traynor
1 Winckley Court Chapel Street
Preston
PR1 8BU
Filing status
Accounts
Next due: 2008-02-29OVERDUE
Last made up to: 2005-12-31
Confirmation statement
Next due: 2016-07-19OVERDUE
Last: —
Officers (5 active · 15 resigned)
Active
HORN, John Richard→
Activedirector · ~73y · appointed 2002-08-29
View their other companies + combined net worth →
KILROY, Michael Kevin→
Activedirector · ~75y · appointed 1998-06-04
View their other companies + combined net worth →
POWELL, David Anthony→
Activedirector · ~77y · appointed 2002-10-09
View their other companies + combined net worth →
WARD, Michael Joseph→
Activedirector · ~76y · appointed 2005-11-01
View their other companies + combined net worth →
LIGHTBURN, Trevor→
Resignedsecretary · appointed 1993-11-16 · resigned 1996-09-30
WESTALL, Derek Graham→
Resignedsecretary · appointed 1996-09-30 · resigned 2003-12-22
WESTALL, Derek Graham→
Resignedsecretary · resigned 1993-11-16
ALCOCK, George Alfred→
Resigneddirector · ~91y · resigned 1992-11-10
CLARKE, Christopher William→
Resigneddirector · ~82y · resigned 2002-08-16
HILTON, Philip→
Resigneddirector · ~81y · resigned 2005-01-17
LIGHTBURN, Trevor→
Resigneddirector · ~75y · appointed 1993-11-16 · resigned 1996-09-30
LIM, Eileen Frances→
Resigneddirector · ~72y · appointed 2005-03-22 · resigned 2007-08-17
MARTIN, David Robert→
Resigneddirector · ~75y · resigned 1996-08-01
MCENHILL, Peter Raymond→
Resigneddirector · ~86y · resigned 1992-11-23
MILLS, Adam Francis→
Resigneddirector · ~83y · resigned 1992-11-23
STANLEY, Richard Morgan Oliver, The Honourable→
Resigneddirector · ~95y · resigned 1994-12-09
WATT, Gordon George→
Resigneddirector · ~73y · resigned 1996-08-01
WESTALL, Derek Graham→
Resigneddirector · ~87y · resigned 1993-11-16
WILLIAMS, Dawson Thomas→
Resigneddirector · ~88y · resigned 1997-09-04
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
4
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dawson Thomas Williams | Debenture | 2 properties | 08/02/2007 | — | |
| outstanding | Dawson Thomas Williams | Debenture | 1 property | 25/04/2005 | — | |
| outstanding | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 12/09/2000 | — | |
| outstanding | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 04/09/2000 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 19/06/1995 | 07/11/2000 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 08/07/1994 | 07/11/2000 | |
| satisfied | The First National Bank of Boston | Fixed and floating charge | 1 property | 10/12/1992 | 17/09/1994 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 12/09/1990 | 22/03/1994 | |
| satisfied | The First National Bank of Boston. | Fixed and floating charge | 1 property | 03/05/1989 | 17/09/1994 | |
| satisfied | The First National Bank of Buston | Legal charge | 1 property | 27/01/1988 | 17/09/1994 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 17/12/1984 | 14/11/1987 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 23/05/1984 | 15/09/1987 | |
| satisfied | Alliance Assurance Company United | Fifth supplemental trust deed | 1 property | 23/05/1984 | 16/10/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (164 total)
termination-director-company-with-name-termination-date
officers · TM01
2020-10-29
restoration-order-of-court
restoration · AC92
2018-06-28
gazette-dissolved-liquidation
gazette · GAZ2
2016-04-05
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2016-01-05
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2015-09-02
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2015-02-25
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2014-08-28
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2014-03-05
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2013-09-02
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2013-03-12
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-08-17
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-02-27
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-08-26
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-03-01
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-08-26