00368376 LIMITED

⚰️Wound downliquidation
00368376 · ltd · incorporated 1941-07-26
Investment thesis
Company liquidation — 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
43/100
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What this business does
Primary activity: SIC 2852
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 43/100 (watch), bankability 30/100. Strong seller-intent signal (78/100, director aged 81). 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: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

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
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
90
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 (12 events)Click to expand
  1. 2022-04-01
    ⚠️
    order-of-court-restoration-previously-members-voluntary-liquidation
    insolvency · REST-MVL
  2. 2002-04-01
    LEECE, Terence David resigned
    director
  3. 1995-12-11
    FORREST, Colin Henry appointed
    director
  4. 1995-12-01
    RAY, Sumana appointed
    secretary
  5. 1995-12-01
    RAY, Sumana appointed
    director
  6. 1995-12-01
    DYKE, Ivan Dilwyn resigned
    secretary
  7. 1995-12-01
    BEDDALL, Graham William resigned
    director
  8. 1995-12-01
    COOK, Ernest William resigned
    director
  9. 1995-12-01
    DYKE, Ivan Dilwyn resigned
    director
  10. 1995-12-01
    LEECE, Terence David appointed
    director
  11. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  12. 1941-07-26
    🏢
    Company incorporated
    As 00368376 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 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — 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 81 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 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 85 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high ·
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: 2002-10-31

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

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

Evidence: 2022-04-01: order-of-court-restoration-previously-members-voluntary-liquidation

🔒Co-director network graph

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

Available from the Pro tier upwards.

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🔒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.

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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

Statusliquidation
Typeltd
Incorporated1941-07-26
Jurisdictionengland-wales
Primary SIC2852 — SIC 2852

Registered office

C/O Mazars Neville Russell
Lancaster House
67 Newhall Street
Birmingham
B3 1NG

Filing status

Accounts
Next due: 2002-10-31OVERDUE
Last made up to: 2000-12-31
Confirmation statement
Next due:
Last:

Officers (3 active · 5 resigned)

RAY, Sumana
secretary · appointed 1995-12-01
View their other companies + combined net worth →
Active
FORREST, Colin Henry
director · ~81y · appointed 1995-12-11
View their other companies + combined net worth →
Active
RAY, Sumana
director · ~72y · appointed 1995-12-01
View their other companies + combined net worth →
Active
DYKE, Ivan Dilwyn
secretary · resigned 1995-12-01
Resigned
BEDDALL, Graham William
director · ~88y · resigned 1995-12-01
Resigned
COOK, Ernest William
director · ~87y · resigned 1995-12-01
Resigned
DYKE, Ivan Dilwyn
director · ~86y · resigned 1995-12-01
Resigned
LEECE, Terence David
director · ~88y · appointed 1995-12-01 · resigned 2002-04-01
Resigned

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

Recent filings (2 total)

order-of-court-restoration-previously-members-voluntary-liquidation
insolvency · REST-MVL
2022-04-01
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01