00305345 LIMITED

⚰️Wound downliquidation
00305345 · ltd · incorporated 1935-09-25
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
35/100
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What this business does
Primary activity: SIC 2852
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 35/100 (watch), bankability 20/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 56.8y

40/100
too messy

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

  • · Oldest live charge is 56.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
35/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
5
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 (34 events)Click to expand
  1. 2014-07-21
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2014-07-21
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2007-12-15
    ⚠️
    legacy
    insolvency · LIQ
  4. 2007-09-15
    ⚠️
    liquidation-voluntary-cease-to-act-as-liquidator
    insolvency · 4.40
  5. 2007-09-15
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  6. 2006-11-20
    📍
    legacy
    address · 287
  7. 2006-11-08
    ⚠️
    liquidation-in-administration-move-to-creditors-voluntary-liquidation
    insolvency · 2.34B
  8. 2006-11-07
    ⚠️
    liquidation-in-administration-statement-of-affairs
    insolvency · 2.16B
  9. 2006-08-01
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · 2.23B
  10. 2006-07-13
    ⚠️
    liquidation-in-administration-proposals
    insolvency · 2.17B
  11. 2006-06-13
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · 2.12B
  12. 2005-12-12
    📄
    legacy
    annual-return · 363s
  13. 2005-10-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2005-02-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2004-12-21
    📄
    legacy
    annual-return · 363s
  16. 2003-12-22
    📄
    legacy
    annual-return · 363s
  17. 2003-11-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2003-03-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2002-12-13
    📄
    legacy
    annual-return · 363s
  20. 2002-02-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2001-12-10
    📄
    legacy
    annual-return · 363s
  22. 2001-04-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2001-02-07
    📄
    legacy
    mortgage · 395
  24. 2001-02-01
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  25. 2000-11-21
    📄
    legacy
    annual-return · 363s
  26. 2000-03-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 1994-04-05
    GILMARTIN, Maureen resigned
    director
  28. 1993-03-06
    🔓
    Charge satisfied #2
  29. 1992-04-11
    GILMARTIN, Luke resigned
    director
  30. 1991-09-13
    🔓
    Charge satisfied #1
  31. 1989-08-03
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  32. 1970-03-03
    🔒
    Charge registered #2
    Lender: Lloyds and Scottish Trust LTD
  33. 1969-09-29
    🔒
    Charge registered #1
    Lender: Lloyds and Scottish Trust LTD
  34. 1935-09-25
    🏢
    Company incorporated
    As 00305345 LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 91 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: 2007-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2016-12-05

Company in liquidation
high

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

8 insolvency-related filings on record
high

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

Evidence: 2007-12-15: legacy; 2007-09-15: liquidation-voluntary-cease-to-act-as-liquidator

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.

🔒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 →

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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.

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

Statusliquidation
Typeltd
Incorporated1935-09-25
Jurisdictionengland-wales
Primary SIC2852 — SIC 2852

Registered office

348 Lytham Road
Blackpool
Lancashire
FY4 1DW

Filing status

Accounts
Next due: 2007-03-31OVERDUE
Last made up to: 2005-05-31
Confirmation statement
Next due: 2016-12-05OVERDUE
Last:

Officers (4 active · 2 resigned)

GILMARTIN, Kevin Luke
secretary
View their other companies + combined net worth →
Active
GILMARTIN, Christopher John
director · ~74y
View their other companies + combined net worth →
Active
GILMARTIN, Kevin Luke
director · ~72y
View their other companies + combined net worth →
Active
GILMARTIN, Peter Paul
director · ~69y
View their other companies + combined net worth →
Active
GILMARTIN, Luke
director · ~96y · resigned 1992-04-11
Resigned
GILMARTIN, Maureen
director · ~94y · resigned 1994-04-05
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property01/02/2001
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage1 property03/08/1989
satisfied
Lloyds Banking Group
Lloyds and Scottish Trust LTD
Deed of further charge1 property03/03/197006/03/1993
satisfied
Lloyds Banking Group
Lloyds and Scottish Trust LTD
Debenture1 property29/09/196913/09/1991
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

restoration-order-of-court
restoration · AC92
2014-07-21
certificate-change-of-name-company
change-of-name · CERTNM
2014-07-21
legacy
insolvency · LIQ
2007-12-15
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2007-09-15
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2007-09-15
legacy
address · 287
2006-11-20
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · 2.34B
2006-11-08
liquidation-in-administration-statement-of-affairs
insolvency · 2.16B
2006-11-07
liquidation-in-administration-result-creditors-meeting
insolvency · 2.23B
2006-08-01
liquidation-in-administration-proposals
insolvency · 2.17B
2006-07-13
liquidation-in-administration-appointment-of-administrator
insolvency · 2.12B
2006-06-13
legacy
annual-return · 363s
2005-12-12
accounts-with-accounts-type-small
accounts · AA
2005-10-06
accounts-with-accounts-type-small
accounts · AA
2005-02-02
legacy
annual-return · 363s
2004-12-21