00338579 LIMITED

⚰️Wound downdissolved
00338579 · ltd · incorporated 1938-03-30
Investment thesis
Company dissolved — 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
48/100
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What this business does
Primary activity: SIC 2922
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 42/100. Strong seller-intent signal (63/100, director aged 86). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 68.2y

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 68.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (47/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
70 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
10
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
41
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 (44 events)Click to expand
  1. 2014-01-07
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2014-01-07
    🏁
    Company dissolved
  3. 2013-09-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2010-11-04
    📄
    restoration-order-of-court
    restoration · AC92
  5. 2006-10-31
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  6. 2006-07-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2006-03-03
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  8. 2006-03-03
    ⚠️
    legacy
    insolvency · 405(2)
  9. 2005-03-30
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  10. 2004-04-05
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  11. 2003-04-22
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  12. 2002-03-28
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  13. 2001-07-04
    📄
    legacy
    officers · 288b
  14. 2001-06-19
    BODE, Cedric Charles resigned
    director
  15. 2001-06-12
    ⚠️
    liquidation-receiver-statement-of-affairs
    insolvency · 3.3
  16. 2001-06-01
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  17. 2001-04-05
    ⚠️
    legacy
    insolvency · 405(1)
  18. 2001-04-02
    📍
    legacy
    address · 287
  19. 2001-01-11
    📄
    legacy
    annual-return · 363s
  20. 2001-01-11
    📄
    legacy
    annual-return · 363(288)
  21. 2000-10-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2000-07-14
    📄
    legacy
    officers · 288b
  23. 2000-07-10
    BODE, Carl Ferdinand resigned
    director
  24. 2000-03-31
    📄
    legacy
    officers · 288a
  25. 2000-03-31
    📄
    legacy
    officers · 288b
  26. 2000-03-24
    LORD, Julian appointed
    secretary
  27. 2000-03-24
    BELFIELD, John Edwin resigned
    secretary
  28. 2000-02-14
    📄
    legacy
    annual-return · 363s
  29. 1999-07-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 1999-03-09
    📄
    legacy
    annual-return · 363s
  31. 1998-09-05
    🔓
    Charge satisfied #4
  32. 1998-02-13
    🔓
    Charge satisfied #3
  33. 1998-02-13
    🔓
    Charge satisfied #1
  34. 1998-02-06
    🔓
    Charge satisfied #2
  35. 1997-04-22
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  36. 1997-04-08
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  37. 1997-04-08
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  38. 1993-08-08
    BODE, Marjorie resigned
    director
  39. 1991-12-04
    BODE, Eric resigned
    director
  40. 1991-03-21
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  41. 1983-03-16
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  42. 1974-08-13
    🔒
    Charge registered #2
    Lender: Barclays Bank LTD
  43. 1958-04-22
    🔒
    Charge registered #1
    Lender: Martins Bank LTD
  44. 1938-03-30
    🏢
    Company incorporated
    As 00338579 LIMITED

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 86 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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 86 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2014-01-07

9 insolvency-related filings on record
high

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

Evidence: 2006-03-03: liquidation-receiver-abstract-of-receipts-and-payments; 2006-03-03: legacy

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated1938-03-30
Jurisdictionengland-wales
Primary SIC2922 — SIC 2922

Registered office

C/O Begbies Traynor
Elliot House 151 Deansgate
Manchester
M3 3BP

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

LORD, Julian
secretary · appointed 2000-03-24
View their other companies + combined net worth →
Active
BODE, David Eric
director · ~86y
View their other companies + combined net worth →
Active
BODE, Patrick
director · ~75y
View their other companies + combined net worth →
Active
BELFIELD, John Edwin
secretary · resigned 2000-03-24
Resigned
BODE, Carl Ferdinand
director · ~116y · resigned 2000-07-10
Resigned
BODE, Cedric Charles
director · ~75y · resigned 2001-06-19
Resigned
BODE, Eric
director · ~119y · resigned 1991-12-04
Resigned
BODE, Marjorie
director · ~118y · resigned 1993-08-08
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property22/04/1997
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage2 properties08/04/1997
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property08/04/1997
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property21/03/199105/09/1998
satisfied
Barclays
Barclays Bank PLC
Debenture1 property16/03/198313/02/1998
satisfied
Barclays
Barclays Bank LTD
Legal charge1 property13/08/197406/02/1998
satisfied
Martins Bank
Martins Bank LTD
Debenture1 property22/04/195813/02/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

gazette-dissolved-compulsory
gazette · GAZ2
2014-01-07
gazette-notice-compulsory
gazette · GAZ1
2013-09-24
restoration-order-of-court
restoration · AC92
2010-11-04
gazette-dissolved-compulsory
gazette · GAZ2
2006-10-31
gazette-notice-compulsory
gazette · GAZ1
2006-07-18
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-03-03
legacy
insolvency · 405(2)
2006-03-03
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-03-30
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2004-04-05
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2003-04-22
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2002-03-28
legacy
officers · 288b
2001-07-04
liquidation-receiver-statement-of-affairs
insolvency · 3.3
2001-06-12
liquidation-receiver-administrative-receivers-report
insolvency · 3.10
2001-06-01
legacy
insolvency · 405(1)
2001-04-05