TEXSTAR LIMITED

⚰️Wound downdissolved
00396287 · ltd · incorporated 1945-06-18
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 42.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
51/100
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 51/100 (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 (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · oldest 42.6y

65/100
clean up first

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

  • · Oldest live charge is 42.6 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: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
27 officers (3 active, 27 linked, 20 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
156 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth 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
75
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 (70 events)Click to expand
  1. 2025-12-11
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2025-12-11
    🏁
    Company dissolved
  3. 2025-09-11
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  4. 2025-09-01
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  5. 2025-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-08-07
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  7. 2023-07-24
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  8. 2023-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-07-22
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-07-22
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  11. 2023-06-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-04-25
    DE JONGH, Frederik Christoffel appointed
    director
  14. 2022-04-25
    CHASE, Jennifer Marianne Alison resigned
    director
  15. 2022-04-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-04-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-04-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2021-10-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2021-10-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2021-10-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-10-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2021-09-30
    GARTON, Maria Luina appointed
    secretary
  23. 2021-09-30
    SMITH, John Angus appointed
    director
  24. 2021-09-30
    BLIZZARD, David John Mark resigned
    secretary
  25. 2021-09-30
    BLIZZARD, David John Mark resigned
    director
  26. 2021-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  27. 2021-07-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2020-12-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2018-10-05
    ROBSON, James Richard Watson resigned
    director
  30. 2018-04-06
    CHASE, Jennifer Marianne Alison appointed
    director
  31. 2016-06-01
    ROBSON, James Richard Watson appointed
    director
  32. 2016-05-31
    SIMM, Iain David Cameron resigned
    director
  33. 2015-04-30
    GILL, Matthew Clement Hugh resigned
    director
  34. 2013-09-04
    BRISTLIN, Anthony John resigned
    director
  35. 2013-09-04
    GILL, Matthew Clement Hugh appointed
    director
  36. 2013-01-31
    BLIZZARD, David John Mark appointed
    secretary
  37. 2013-01-31
    STONE, Zillah Wendy resigned
    secretary
  38. 2013-01-31
    BLIZZARD, David John Mark appointed
    director
  39. 2013-01-31
    STONE, Zillah Wendy resigned
    director
  40. 2010-04-27
    BRISTLIN, Anthony John appointed
    director
  41. 2010-04-27
    HOAD, Mark resigned
    director
  42. 2008-08-28
    SHAW, Sarah Margaret resigned
    secretary
  43. 2008-08-28
    STONE, Zillah Wendy appointed
    secretary
  44. 2008-08-28
    SHAW, Sarah Margaret resigned
    director
  45. 2008-08-28
    SIMM, Iain David Cameron appointed
    director
  46. 2008-08-28
    STONE, Zillah Wendy appointed
    director
  47. 2006-08-31
    BOOTH, Robin resigned
    director
  48. 2006-08-30
    HOAD, Mark appointed
    director
  49. 2000-09-29
    BOOTH, Robin appointed
    director
  50. 2000-09-29
    THOMPSON, William Anthony resigned
    director
Showing most recent 50 of 70 events

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 81 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 2025-12-11

6 insolvency-related filings on record
high

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

Evidence: 2025-12-11: gazette-dissolved-liquidation; 2025-09-11: liquidation-voluntary-members-return-of-final-meeting

Group structure

British Belting & Asbestos Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
British Belting & Asbestos Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
TEXSTAR LIMITED
This company · 00396287

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
British Belting & Asbestos Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

9 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 →
🔒Advanced scoring suite

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.

See pricing →

Company details

Statusdissolved
Typeltd
Incorporated1945-06-18
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Unit 3 Eventus Business Centre Sunderland Road
Market Deeping
Peterborough
PE6 8FD

Filing status

Accounts
Next due:
Last made up to: 2022-12-31
Confirmation statement
Next due:
Last: 2023-05-26

Officers (0 active · 24 resigned)

GARTON, Maria Luina
secretary · appointed 2021-09-30
View their other companies + combined net worth →
Active
DE JONGH, Frederik Christoffel
director · ~50y · appointed 2022-04-25
View their other companies + combined net worth →
Active
SMITH, John Angus
director · ~63y · appointed 2021-09-30
View their other companies + combined net worth →
Active
BLIZZARD, David John Mark
secretary · appointed 2013-01-31 · resigned 2021-09-30
Resigned
CARTER, David Joseph
secretary · resigned 1996-05-23
Resigned
SHAW, Sarah Margaret
secretary · appointed 1997-06-01 · resigned 2008-08-28
Resigned
SMITH, Philip Abbott
secretary · appointed 1996-05-23 · resigned 1997-05-31
Resigned
STONE, Zillah Wendy
secretary · appointed 2008-08-28 · resigned 2013-01-31
Resigned
THWAITE, Paul Edmund
secretary · resigned 1992-08-31
Resigned
BLIZZARD, David John Mark
director · ~54y · appointed 2013-01-31 · resigned 2021-09-30
Resigned
BOOTH, Robin
director · ~59y · appointed 2000-09-29 · resigned 2006-08-31
Resigned
BRADLEY, David Wilson
director · ~84y · resigned 1993-04-11
Resigned
BRISTLIN, Anthony John
director · ~70y · appointed 2010-04-27 · resigned 2013-09-04
Resigned
CARTER, David Joseph
director · ~79y · resigned 1996-05-23
Resigned
CHASE, Jennifer Marianne Alison
director · ~48y · appointed 2018-04-06 · resigned 2022-04-25
Resigned
GILL, Matthew Clement Hugh
director · ~55y · appointed 2013-09-04 · resigned 2015-04-30
Resigned
HARRISON, Geoffrey Charles Benjamin
director · ~84y · resigned 1996-05-23
Resigned
HOAD, Mark
director · ~56y · appointed 2006-08-30 · resigned 2010-04-27
Resigned
ROBSON, James Richard Watson
director · ~44y · appointed 2016-06-01 · resigned 2018-10-05
Resigned
SHAW, Sarah Margaret
director · ~68y · appointed 1997-06-01 · resigned 2008-08-28
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property15/09/198602/04/1988
satisfied
Barclays
Barclays Bank PLC
Debenture1 property04/11/198302/04/1988

Recent filings (156 total)

gazette-dissolved-liquidation
gazette · GAZ2
2025-12-11
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2025-09-11
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2025-09-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-08
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2024-08-07
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2023-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-22
resolution
resolution · RESOLUTIONS
2023-07-22
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2023-07-22
accounts-with-accounts-type-dormant
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-27
appoint-person-director-company-with-name-date
officers · AP01
2022-04-25
termination-director-company-with-name-termination-date
officers · TM01
2022-04-25