00338299 LIMITED

🌳Matureactive
00338299 · ltd · incorporated 1938-03-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 30/100. Strong seller-intent signal (78/100, director aged 79). 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: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

Data confidence

Overall: low (44/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
80
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 (6 events)Click to expand
  1. 2019-07-26
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2019-07-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 1992-03-09
    MCCRAW, James Fraser appointed
    director
  4. 1992-03-09
    CLARK, Andrew Gerard resigned
    director
  5. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  6. 1938-03-24
    🏢
    Company incorporated
    As 00338299 LIMITED

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

91/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 88 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 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: 1993-01-31

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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10 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.

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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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Company details

Statusactive
Typeltd
Incorporated1938-03-24
Jurisdictionengland-wales
Primary SIC

Registered office

Salvesen House
Townsend Drive
Nuneaton
Warks.
CV11 6TW

Filing status

Accounts
Next due: 1993-01-31OVERDUE
Last made up to: 1991-03-31
Confirmation statement
Next due:
Last:

Officers (3 active · 1 resigned)

WADDELL, John Maclaren Ogilvie
secretary
View their other companies + combined net worth →
Active
HORNE, Geoffrey Wemyss
director · ~79y
View their other companies + combined net worth →
Active
MCCRAW, James Fraser
director · ~67y · appointed 1992-03-09
View their other companies + combined net worth →
Active
CLARK, Andrew Gerard
director · ~80y · resigned 1992-03-09
Resigned

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

Recent filings (3 total)

restoration-order-of-court
restoration · AC92
2019-07-26
certificate-change-of-name-company
change-of-name · CERTNM
2019-07-26
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01