00378826 LIMITED

⚰️Wound downliquidation
00378826 · ltd · incorporated 1943-02-13
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
42/100
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What this business does
Primary activity: SIC 2751
Sector: Manufacturing
ALSO REGISTERED FOR
  • 2852SIC 2852
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 42/100 (watch), bankability 30/100. Strong seller-intent signal (63/100, director aged 98). 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 (45/100)

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
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
42/100Watch
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
75
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 (5 events)Click to expand
  1. 2019-10-07
    ⚠️
    order-of-court-restoration-previously-members-voluntary-liquidation
    insolvency · REST-MVL
  2. 2019-10-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 1992-04-03
    HALL, George resigned
    director
  4. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  5. 1943-02-13
    🏢
    Company incorporated
    As 00378826 LIMITED

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 98 — succession pressure is live.

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 98 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 83 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: 1993-11-30

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: 2019-10-07: order-of-court-restoration-previously-members-voluntary-liquidation

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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
Incorporated1943-02-13
Jurisdictionengland-wales
Primary SIC2751 — SIC 2751

Registered office

Kidsons Impey
25 Chantry Lane
Grimsby
South Humberside
DN31 2LP

Filing status

Accounts
Next due: 1993-11-30OVERDUE
Last made up to: 1992-01-31
Confirmation statement
Next due:
Last:

Officers (3 active · 1 resigned)

BAILEY, Edward Brian
secretary
View their other companies + combined net worth →
Active
BAILEY, Edward Brian
director · ~98y
View their other companies + combined net worth →
Active
SLEIGHT, Gerald David
director · ~98y
View their other companies + combined net worth →
Active
HALL, George
director · ~102y · resigned 1992-04-03
Resigned

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Recent filings (3 total)

order-of-court-restoration-previously-members-voluntary-liquidation
insolvency · REST-MVL
2019-10-07
certificate-change-of-name-company
change-of-name · CERTNM
2019-10-07
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01