CITY LIMITS LIMITED

⚰️Wound downdissolved
00345625 · ltd · incorporated 1938-10-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 60/100. 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 (58/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 22.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: low (51/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
45 officers (2 active, 45 linked, 33 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
197 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
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 (110 events)Click to expand
  1. 2022-04-24
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2022-04-24
    🏁
    Company dissolved
  3. 2022-01-24
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  4. 2021-03-20
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  5. 2020-01-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2020-01-27
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  7. 2020-01-27
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  8. 2020-01-27
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2019-12-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  10. 2019-12-15
    📄
    legacy
    capital · SH20
  11. 2019-12-15
    ⚠️
    legacy
    insolvency · CAP-SS
  12. 2019-12-15
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2019-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2018-01-31
    SMOTHERS, Richard appointed
    director
  15. 2018-01-31
    DAVIS, Kirk Dyson resigned
    director
  16. 2018-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-01-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2017-10-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2017-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2016-04-26
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2016-04-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2016-04-25
    KESWICK, Lindsay Anne appointed
    secretary
  23. 2016-04-25
    STEWART, Claire Susan resigned
    secretary
  24. 2016-03-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2016-03-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2016-02-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2016-01-26
    BELL, Lucy Jane resigned
    director
  28. 2016-01-26
    KELLY, Daryl Antony resigned
    director
  29. 2016-01-26
    LANGFORD, Jonathan Robert resigned
    director
  30. 2015-12-21
    DAVIS, Kirk Dyson appointed
    director
  31. 2015-12-04
    JONES, Henry resigned
    secretary
  32. 2015-06-23
    GALLAGHER, Patrick James resigned
    director
  33. 2013-09-03
    STEWART, Claire Susan appointed
    secretary
  34. 2013-08-14
    JONES, Henry appointed
    secretary
  35. 2013-08-14
    RUDD, Susan Clare resigned
    secretary
  36. 2013-02-01
    GODWIN-BRATT, Robert James resigned
    director
  37. 2013-02-01
    KELLY, Daryl Antony appointed
    director
  38. 2013-02-01
    LANGFORD, Jonathan Robert appointed
    director
  39. 2012-09-28
    RUDD, Susan Clare appointed
    secretary
  40. 2012-09-28
    STEWART, Claire Susan resigned
    secretary
  41. 2012-06-25
    GODWIN-BRATT, Robert James appointed
    director
  42. 2012-04-30
    STONE, Stephen John resigned
    director
  43. 2011-11-22
    BELL, Lucy Jane appointed
    director
  44. 2011-11-22
    GALLAGHER, Patrick James appointed
    director
  45. 2011-11-22
    MARGERRISON, Russell John resigned
    director
  46. 2011-07-04
    BASHFORTH, Edward Michael resigned
    director
  47. 2011-07-04
    DANDO, Stephen Peter resigned
    director
  48. 2011-07-04
    MARGERRISON, Russell John appointed
    director
  49. 2011-07-04
    STONE, Stephen John appointed
    director
  50. 2011-01-31
    DUTTON, Philip resigned
    director
Showing most recent 50 of 110 events

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2022-04-24

6 insolvency-related filings on record
high

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

Evidence: 2022-04-24: gazette-dissolved-liquidation; 2022-01-24: liquidation-voluntary-members-return-of-final-meeting

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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

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.

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
Incorporated1938-10-27
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Resolve Advisory Limited
22 York Buildings
London
WC2N 6JU

Filing status

Accounts
Next due:
Last made up to: 2018-04-29
Confirmation statement
Next due:
Last:

Officers (0 active · 43 resigned)

KESWICK, Lindsay Anne
secretary · appointed 2016-04-25
View their other companies + combined net worth →
Active
SMOTHERS, Richard
director · ~59y · appointed 2018-01-31
View their other companies + combined net worth →
Active
CUTHBERTSON, Colin
secretary · resigned 1996-03-18
Resigned
HOMER, Neville Rex
secretary · appointed 1996-03-18 · resigned 2002-04-26
Resigned
JONES, Henry
secretary · appointed 2013-08-14 · resigned 2015-12-04
Resigned
KENDALL, Timothy James
secretary · appointed 2006-11-30 · resigned 2009-04-16
Resigned
RUDD, Susan Clare
secretary · appointed 2012-09-28 · resigned 2013-08-14
Resigned
RUDD, Susan Clare
secretary · appointed 2006-03-31 · resigned 2006-11-30
Resigned
STEVENS, Mark
secretary · appointed 2002-04-22 · resigned 2003-11-03
Resigned
STEWART, Claire Susan
secretary · appointed 2013-09-03 · resigned 2016-04-25
Resigned
STEWART, Claire Susan
secretary · appointed 2009-04-16 · resigned 2012-09-28
Resigned
WALMSLEY, Derek Kerr
secretary · appointed 2003-11-03 · resigned 2006-03-31
Resigned
BASHFORTH, Edward Michael
director · ~53y · appointed 2008-07-01 · resigned 2011-07-04
Resigned
BELL, Lucy Jane
director · ~52y · appointed 2011-11-22 · resigned 2016-01-26
Resigned
BUBB, Stewart Edmund Conyers
director · ~88y · appointed 1994-03-21 · resigned 1996-03-18
Resigned
CUMMING, Johanna Louise
director · ~65y · appointed 2003-11-03 · resigned 2003-12-02
Resigned
CUTHBERTSON, Colin
director · ~71y · resigned 1993-11-01
Resigned
DANDO, Stephen Peter
director · ~54y · appointed 2010-06-18 · resigned 2011-07-04
Resigned
DAVIS, Kirk Dyson
director · ~55y · appointed 2015-12-21 · resigned 2018-01-31
Resigned
DUTTON, Philip
director · ~65y · appointed 2007-10-17 · resigned 2011-01-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC (The Facility Agent) as Agent and Trustee for the Financeparties
Security agreement1 property15/12/200309/12/2004

Recent filings (197 total)

gazette-dissolved-liquidation
gazette · GAZ2
2022-04-24
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2022-01-24
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2021-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-01-28
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2020-01-27
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2020-01-27
resolution
resolution · RESOLUTIONS
2020-01-27
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2019-12-30
legacy
capital · SH20
2019-12-15
legacy
insolvency · CAP-SS
2019-12-15
resolution
resolution · RESOLUTIONS
2019-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2019-03-01
accounts-with-accounts-type-dormant
accounts · AA
2019-01-11
confirmation-statement-with-updates
confirmation-statement · CS01
2018-03-01