00339806 LIMITED

🌳Matureactive
00339806 · ltd · incorporated 1938-04-30
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
48/100
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What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 7415SIC 7415
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 48/100 (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: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 46.1y

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

Data confidence

Overall: low (47/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
90 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
25
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
15
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 (43 events)Click to expand
  1. 2012-09-20
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2009-09-15
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  3. 2009-06-02
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  4. 2009-02-11
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  5. 2009-02-11
    ⚠️
    legacy
    insolvency · 405(2)
  6. 2008-11-25
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  7. 2007-11-16
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  8. 2006-11-23
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  9. 2005-11-16
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  10. 2005-06-30
    ⚠️
    legacy
    insolvency · 405(2)
  11. 2005-06-30
    ⚠️
    legacy
    insolvency · 405(1)
  12. 2004-11-29
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  13. 2004-01-07
    📄
    miscellaneous
    miscellaneous · MISC
  14. 2004-01-07
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  15. 2003-11-06
    📍
    legacy
    address · 287
  16. 2003-10-30
    ⚠️
    legacy
    insolvency · 405(1)
  17. 2003-01-26
    📄
    legacy
    accounts · 244
  18. 2003-01-26
    📄
    legacy
    officers · 288b
  19. 2002-11-29
    📄
    legacy
    annual-return · 363a
  20. 2002-11-29
    📍
    legacy
    address · 353
  21. 2002-11-28
    NYE, William James resigned
    director
  22. 2002-05-15
    📄
    legacy
    mortgage · 403a
  23. 2002-05-15
    📄
    legacy
    mortgage · 403a
  24. 2002-05-15
    📄
    legacy
    mortgage · 403a
  25. 2002-05-15
    🔓
    Charge satisfied #3
  26. 2002-05-15
    🔓
    Charge satisfied #2
  27. 2002-05-15
    🔓
    Charge satisfied #1
  28. 2001-11-15
    📄
    legacy
    annual-return · 363a
  29. 2001-11-08
    📄
    accounts-with-accounts-type-group
    accounts · AA
  30. 1999-05-30
    KENDREW, Peter Charles resigned
    secretary
  31. 1999-05-28
    DALTON, Frank appointed
    secretary
  32. 1999-04-19
    DALTON, Frank appointed
    director
  33. 1998-02-25
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  34. 1998-02-25
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  35. 1998-01-31
    SHEAD, Dennis Peter resigned
    director
  36. 1997-09-01
    NYE, William James appointed
    director
  37. 1997-06-11
    TAYLOR, David John appointed
    director
  38. 1997-05-15
    BIERRUM, Nils Roger resigned
    director
  39. 1997-03-31
    HARRISON, Joseph Arthur resigned
    director
  40. 1996-06-27
    🔒
    Charge registered #3
    Lender: Hambros Bank Limited
  41. 1989-05-24
    🔒
    Charge registered #2
    Lender: Hambros Bank Limited
  42. 1980-05-30
    🔒
    Charge registered #1
    Lender: Hambros Bank Limited
  43. 1938-04-30
    🏢
    Company incorporated
    As 00339806 LIMITED

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 103 — succession pressure is live.

Succession & seller-readiness

85/100
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 103 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 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

3 high · 2 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: 2004-02-29

Confirmation statement overdue
high

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

Evidence: Next due: 2016-11-29

11 insolvency-related filings on record
high

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

Evidence: 2009-02-11: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2009-02-11: legacy

Has insolvency history
medium

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

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

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 →
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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

Statusactive
Typeltd
Incorporated1938-04-30
Jurisdictionengland-wales
Primary SIC4521 — SIC 4521

Registered office

Pricewaterhousecoopers
Plumtree Court
London
EC4A 4HT

Filing status

Accounts
Next due: 2004-02-29OVERDUE
Last made up to:
Confirmation statement
Next due: 2016-11-29OVERDUE
Last:

Officers (5 active · 5 resigned)

DALTON, Frank
secretary · appointed 1999-05-28
View their other companies + combined net worth →
Active
BIERRUM, Alexander Milne
director · ~82y
View their other companies + combined net worth →
Active
DALTON, Frank
director · ~58y · appointed 1999-04-19
View their other companies + combined net worth →
Active
PETERSEN, Bjarne
director · ~103y
View their other companies + combined net worth →
Active
TAYLOR, David John
director · ~83y · appointed 1997-06-11
View their other companies + combined net worth →
Active
KENDREW, Peter Charles
secretary · resigned 1999-05-30
Resigned
BIERRUM, Nils Roger
director · ~95y · resigned 1997-05-15
Resigned
HARRISON, Joseph Arthur
director · ~91y · resigned 1997-03-31
Resigned
NYE, William James
director · ~78y · appointed 1997-09-01 · resigned 2002-11-28
Resigned
SHEAD, Dennis Peter
director · ~88y · resigned 1998-01-31
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property25/02/1998
outstanding
Barclays
Barclays Bank PLC
Debenture1 property25/02/1998
satisfied
Hambros Bank
Hambros Bank Limited
Single debenture1 property27/06/199615/05/2002
satisfied
Hambros Bank
Hambros Bank Limited
Legal charge1 property24/05/198915/05/2002
satisfied
Hambros Bank
Hambros Bank Limited
Mortgage1 property30/05/198015/05/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

restoration-order-of-court
restoration · AC92
2012-09-20
gazette-dissolved-compulsary
gazette · GAZ2
2009-09-15
gazette-notice-compulsary
gazette · GAZ1
2009-06-02
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2009-02-11
legacy
insolvency · 405(2)
2009-02-11
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2008-11-25
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2007-11-16
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-11-23
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-11-16
legacy
insolvency · 405(2)
2005-06-30
legacy
insolvency · 405(1)
2005-06-30
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2004-11-29
miscellaneous
miscellaneous · MISC
2004-01-07
liquidation-receiver-administrative-receivers-report
insolvency · 3.10
2004-01-07
legacy
address · 287
2003-11-06