MARTINS EXPORT LIMITED
Opportunity 51/100 (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: strategic trade sale (53/100). Current lenders should be on monthly review.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (49 events)Click to expand
- 2014-02-06⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2014-02-06🏁Company dissolved
- 2013-11-06⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2012-12-03📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-11-30⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2012-11-30⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2012-11-30📄resolutionresolution · RESOLUTIONS
- 2012-11-22➖RISECRETARIES LIMITED resignedcorporate-secretary
- 2012-11-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-09-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-04-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-09-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-05-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-05-18📄appoint-person-director-company-with-nameofficers · AP01
- 2011-05-17➕DALE, Steven Glyn appointeddirector
- 2010-09-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-28📄change-corporate-director-company-with-change-dateofficers · CH02
- 2010-09-28📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2010-09-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-08-27➕CORDESCHI, Richard appointeddirector
- 2010-08-27➖CASEY, Robert James resigneddirector
- 2010-08-27➖STEYN, Charl Erasmus resigneddirector
- 2010-08-27📄termination-director-company-with-nameofficers · TM01
- 2010-08-27📄appoint-person-director-company-with-nameofficers · AP01
- 2010-08-27📄termination-director-company-with-nameofficers · TM01
- 2009-12-22📄resolutionresolution · RESOLUTIONS
- 2009-12-22📄statement-of-companys-objectschange-of-constitution · CC04
- 2009-09-22📄legacyannual-return · 363a
- 2009-08-14📄accounts-with-made-up-dateaccounts · AA
- 2008-10-09📄accounts-with-made-up-dateaccounts · AA
- 2008-09-19📄legacyannual-return · 363a
- 2004-12-20➖POWELL, Christopher David resigneddirector
- 2002-08-30➖SALTER, Donald Neil Fred resigneddirector
- 2002-08-29➕CASEY, Robert James appointeddirector
- 2002-08-29➕POWELL, Christopher David appointeddirector
- 2002-08-29➕STEYN, Charl Erasmus appointeddirector
- 2002-03-28➖HENDERSHOT, Michael Lee resigneddirector
- 2000-11-30➖COOK, Philip Michael resigneddirector
- 1999-07-30➖KUZMINSKI, Witold Mieczyslaw resigneddirector
- 1999-07-26➕COOK, Philip Michael appointeddirector
- 1999-07-26➕HENDERSHOT, Michael Lee appointeddirector
- 1999-07-26➕SALTER, Donald Neil Fred appointeddirector
- 1998-04-06➕KUZMINSKI, Witold Mieczyslaw appointeddirector
- 1994-03-28➕RIDIRECTORS LIMITED appointedcorporate-director
- 1994-03-28➖RADBURN, John Alfred resignedsecretary
- 1994-03-28➕RISECRETARIES LIMITED appointedcorporate-secretary
- 1994-03-28➖RADBURN, John Alfred resigneddirector
- 1994-03-28➖WINGFIELD, Ernest Niall resigneddirector
- 1937-07-19🏢Company incorporatedAs MARTINS EXPORT LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — 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 59. Early succession window.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 89 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-02-06
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-02-06: gazette-dissolved-liquidation; 2013-11-06: liquidation-voluntary-members-return-of-final-meeting
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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.
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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.
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See pricing →Company details
Registered office
Filing status
Officers (0 active · 11 resigned)
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