00405649 LIMITED

⚰️Wound downliquidation
00405649 · ltd · incorporated 1946-03-06
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
35/100
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What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 35/100 (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: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 44.8y

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

Data confidence

Overall: low (50/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (7 active, 7 linked, 6 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
35/100Watch
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
5
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 (32 events)Click to expand
  1. 2015-10-21
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2001-04-05
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  3. 2001-01-31
    ⚠️
    legacy
    insolvency · 405(2)
  4. 2001-01-31
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  5. 2000-11-06
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  6. 2000-05-08
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  7. 2000-04-25
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  8. 1999-10-21
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  9. 1999-05-24
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  10. 1999-04-20
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  11. 1998-10-20
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  12. 1998-05-14
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  13. 1998-04-23
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  14. 1997-10-21
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  15. 1997-06-13
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  16. 1997-04-23
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  17. 1997-04-23
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  18. 1996-10-25
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  19. 1996-04-22
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  20. 1996-04-02
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  21. 1995-10-24
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  22. 1995-04-28
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  23. 1995-04-04
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  24. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  25. 1994-10-25
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  26. 1992-07-14
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  27. 1990-10-04
    🔓
    Charge satisfied #2
  28. 1990-10-04
    🔓
    Charge satisfied #1
  29. 1990-05-09
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  30. 1985-08-15
    🔒
    Charge registered #2
    Lender: Midland Bank PLC
  31. 1981-06-19
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  32. 1946-03-06
    🏢
    Company incorporated
    As 00405649 LIMITED

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 123 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 123 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 80 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 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: 1998-01-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-01-14

Company in liquidation
high

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

23 insolvency-related filings on record
high

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

Evidence: 2001-04-05: liquidation-voluntary-creditors-return-of-final-meeting; 2001-01-31: legacy

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.

🔒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

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

Statusliquidation
Typeltd
Incorporated1946-03-06
Jurisdictionengland-wales
Primary SIC4521 — SIC 4521

Registered office

1 East Parade
Sheffield
S1 2ET

Filing status

Accounts
Next due: 1998-01-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2017-01-14OVERDUE
Last:

Officers (7 active · 0 resigned)

WADE, Nicholas Clifford John
secretary
View their other companies + combined net worth →
Active
HALE, Robert Spencer
director · ~67y
View their other companies + combined net worth →
Active
WADE, Irene
director · ~123y
View their other companies + combined net worth →
Active
WADE, Nicholas Clifford John
director · ~63y
View their other companies + combined net worth →
Active
WADE, Peter Anthony
director · ~99y
View their other companies + combined net worth →
Active
WADE, Thomas Gerald
director · ~99y
View their other companies + combined net worth →
Active
WADE, Thomas Peter
director · ~73y
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property14/07/1992
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property09/05/1990
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property15/08/198504/10/1990
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property19/06/198104/10/1990
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

restoration-order-of-court
restoration · AC92
2015-10-21
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2001-04-05
legacy
insolvency · 405(2)
2001-01-31
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2001-01-31
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2000-11-06
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2000-05-08
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2000-04-25
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1999-10-21
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1999-05-24
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1999-04-20
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1998-10-20
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1998-05-14
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1998-04-23
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1997-10-21
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
1997-06-13