GROVEWOOD ENGINEERING LIMITED
Opportunity 50/100 (worth a look), bankability 50/100. 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (84 events)Click to expand
- 2019-01-23⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2019-01-23🏁Company dissolved
- 2018-10-23⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2018-03-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-15⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2018-03-15⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2018-03-15📄resolutionresolution · RESOLUTIONS
- 2018-01-09📄change-person-director-company-with-change-dateofficers · CH01
- 2018-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2017-11-13➕DE TEMPLE, Victoria Louise appointeddirector
- 2017-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-10-20➖SUTHERLAND, James Douglas resigneddirector
- 2017-10-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-05-30➕GRANT, Timothy James appointeddirector
- 2017-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-04-28➖VAUGHAN-WILLIAMS, Jonathan resigneddirector
- 2017-02-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-05-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-03-26📄termination-director-company-with-nameofficers · TM01
- 2014-03-26📄appoint-person-director-company-with-nameofficers · AP01
- 2014-03-25➖EVANS, Neil James resigneddirector
- 2014-03-25➕VAUGHAN-WILLIAMS, Jonathan appointeddirector
- 2014-02-17📄resolutionresolution · RESOLUTIONS
- 2014-02-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-02-12📄termination-secretary-company-with-nameofficers · TM02
- 2014-02-12📄termination-secretary-company-with-nameofficers · TM02
- 2014-02-10➕ZURICH CORPORATE SECRETARY (UK) LIMITED appointedcorporate-secretary
- 2014-02-10➖BLUNDELL, Ann Claire resignedsecretary
- 2014-02-10➖RITCHIE, Ian resignedsecretary
- 2013-06-28➖LOWE, Nigel resigneddirector
- 2013-06-28➕SUTHERLAND, James Douglas appointeddirector
- 2013-05-22➕BLUNDELL, Ann Claire appointedsecretary
- 2013-05-22➖KNOTT, Amanda Louise resignedsecretary
- 2013-05-22➕RITCHIE, Ian appointedsecretary
- 2013-05-22➖ROSS, Corina Katherine resignedsecretary
- 2011-12-02➖ROGERS, Helen Frances Leigh resignedsecretary
- 2011-02-04➕ROSS, Corina Katherine appointedsecretary
- 2008-07-14➕ROGERS, Helen Frances Leigh appointedsecretary
- 2008-05-02➖MEACHAM, Jayne Michelle resignedsecretary
- 2006-11-01➕MEACHAM, Jayne Michelle appointedsecretary
- 2006-09-29➖BUSSON, Alan Paul resignedsecretary
- 2006-09-29➕KNOTT, Amanda Louise appointedsecretary
- 2006-03-21➕BUSSON, Alan Paul appointedsecretary
- 2006-03-21➖LOWE, Nigel resignedsecretary
- 2005-06-23➕LOWE, Nigel appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 90 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2019-01-23
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-01-23: gazette-dissolved-liquidation; 2018-10-23: liquidation-voluntary-members-return-of-final-meeting
Group structure
Zurich Assurance Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Zurich Assurance Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (0 active · 30 resigned)
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