428628 LIMITED
🌳Matureactive
00428628 · ltd · incorporated 1947-01-29
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 53.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
58/100
Worth a look
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 55/100. Strong seller-intent signal (88/100, director aged 73). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 53.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 53.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: low (53/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 16 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
145 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
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
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 (62 events)Click to expand
- 2015-05-27📄restoration-order-of-courtrestoration · AC92
- 2013-01-22📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-01-22🏁Company dissolved
- 2012-10-09📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-10-01📄dissolution-application-strike-off-companydissolution · DS01
- 2012-09-21📄legacycapital · SH20
- 2012-09-21⚠️legacyinsolvency · CAP-SS
- 2012-09-19📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2012-09-19⚠️legacyinsolvency · CAP-SS
- 2012-09-19📄legacycapital · SH20
- 2012-09-19📄resolutionresolution · RESOLUTIONS
- 2012-06-22📄termination-director-company-with-nameofficers · TM01
- 2012-06-22📄termination-director-company-with-nameofficers · TM01
- 2012-06-20➖BERTHER, Philippe resigneddirector
- 2012-06-20➖CHATIN, Arnaud Francois Jacques Marie resigneddirector
- 2012-06-15✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2011-12-22📄legacymortgage · MG02
- 2011-12-16🔓Charge satisfied #2
- 2011-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-14📄accounts-with-accounts-type-fullaccounts · AA
- 2011-06-27📄legacymortgage · MG01
- 2011-06-16🔒Charge registered #2Lender: Riverside Leasing Limited
- 2011-03-10📄appoint-person-director-company-with-nameofficers · AP01
- 2011-03-10📄termination-director-company-with-nameofficers · TM01
- 2011-03-08➕CHATIN, Arnaud Francois Jacques Marie appointeddirector
- 2011-03-08➖GERARDIN, Bernard Marie Jacques resigneddirector
- 2010-11-23📄miscellaneousmiscellaneous · MISC
- 2010-11-09📄miscellaneousmiscellaneous · MISC
- 2010-11-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2009-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2007-12-17➕TOMLINSON, Mark Charles appointedsecretary
- 2007-12-17➕MCMULLEN, Rachel appointeddirector
- 2007-12-17➖ATKINS, Leon Ronald resignedsecretary
- 2007-12-17➖GRAY, Bruce Nelson resigneddirector
- 2007-08-01➖BAUDOUIN, Jerome Aurelien resigneddirector
- 2007-08-01➕BERTHER, Philippe appointeddirector
- 2006-05-16➕STUART, Ian appointeddirector
- 2006-03-21➖GREGG, Nicholas resigneddirector
- 2005-12-09➖ATKINS, Leon Ronald resigneddirector
- 2005-12-09➕BAUDOUIN, Jerome Aurelien appointeddirector
- 2005-12-09➕GERARDIN, Bernard Marie Jacques appointeddirector
- 2005-12-09➕GREGG, Nicholas appointeddirector
- 2003-11-24➖COMBES, Roland Yves Marcel resigneddirector
- 2003-09-11➕GRAY, Bruce Nelson appointeddirector
- 2003-01-31➕ATKINS, Leon Ronald appointeddirector
- 2003-01-31➖PIGGOTT, Richard Courtney resigneddirector
- 2002-11-25➕ATKINS, Leon Ronald appointedsecretary
- 2002-11-25➖FOSTER, Steven Robert Bert resignedsecretary
Showing most recent 50 of 62 events
Owner dependency
83/100
Critical — business is the founderThe 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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
91/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 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 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 79 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2012-09-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-11-05
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-09-21: legacy; 2012-09-19: legacy
🔒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 →Similar companies
Active · Automotive · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A A BODY REPAIR LTD→ 17027798 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 BODY REPAIRS & WHEELS LIMITED→ 17006919 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 TYRES 4 U LIMITED→ 16983143 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A2B LOGISTIKS LTD→ 14807774 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A5 AUTO BODY REPAIRS LTD→ 16703312 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AA CAR SALES GROUP LTD→ 15600226 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AA.NAV LTD→ 16472442 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAARC LIMITED→ 07172531 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AADAMSAUTOS LTD→ 16788184 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB AUTOMOTIVE PARTS LTD→ 16440134 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABDUL SATTAR PRIVATE LTD→ 16798190 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABEL 18 LTD→ 14151328 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Statusactive
Typeltd
Incorporated1947-01-29
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
Vantage Point
20 Upper Portland Street
Aston
Birmingham
B6 5TW
Filing status
Accounts
Next due: 2012-09-30OVERDUE
Last made up to: 2010-12-31
Confirmation statement
Next due: 2016-11-05OVERDUE
Last: —
Officers (3 active · 16 resigned)
TOMLINSON, Mark Charles→
Activesecretary · appointed 2007-12-17
View their other companies + combined net worth →
MCMULLEN, Rachel→
Activedirector · ~52y · appointed 2007-12-17
View their other companies + combined net worth →
Active
ATKINS, Leon Ronald→
Resignedsecretary · appointed 2002-11-25 · resigned 2007-12-17
FOSTER, Steven Robert Bert→
Resignedsecretary · resigned 2002-11-25
ATKINS, Leon Ronald→
Resigneddirector · ~56y · appointed 2003-01-31 · resigned 2005-12-09
BAUDOUIN, Jerome Aurelien→
Resigneddirector · ~51y · appointed 2005-12-09 · resigned 2007-08-01
BERTHER, Philippe→
Resigneddirector · ~58y · appointed 2007-08-01 · resigned 2012-06-20
CAMPBELL, John Alexander→
Resigneddirector · ~87y · resigned 2000-12-29
CHATIN, Arnaud Francois Jacques Marie→
Resigneddirector · ~71y · appointed 2011-03-08 · resigned 2012-06-20
COMBES, Roland Yves Marcel→
Resigneddirector · ~79y · appointed 2000-12-29 · resigned 2003-11-24
GERARDIN, Bernard Marie Jacques→
Resigneddirector · ~73y · appointed 2005-12-09 · resigned 2011-03-08
GRAY, Bruce Nelson→
Resigneddirector · ~56y · appointed 2003-09-11 · resigned 2007-12-17
GREGG, Nicholas→
Resigneddirector · ~63y · appointed 2005-12-09 · resigned 2006-03-21
HINDE, Royston Charles→
Resigneddirector · ~73y · appointed 1998-11-01 · resigned 2000-12-29
HOLLAND, John Edward→
Resigneddirector · ~90y · resigned 1999-02-01
HOLPIN, Peter Mario→
Resigneddirector · ~65y · appointed 2000-12-29 · resigned 2001-10-31
PIGGOTT, Richard Courtney→
Resigneddirector · ~80y · appointed 2001-10-01 · resigned 2003-01-31
WILSON, Alexander Bruce→
Resigneddirector · ~83y · resigned 1997-03-21
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Riverside Leasing Riverside Leasing Limited | Security agreement | 1 property | 16/06/2011 | 16/12/2011 | |
| satisfied | Pearl Assurance Company Pearl Assurance Company LTD | Trust deed | 1 property | 03/07/1972 | 13/03/2000 |
Recent filings (145 total)
restoration-order-of-court
restoration · AC92
2015-05-27
gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-01-22
gazette-notice-voluntary
gazette · GAZ1(A)
2012-10-09
dissolution-application-strike-off-company
dissolution · DS01
2012-10-01
legacy
capital · SH20
2012-09-21
legacy
insolvency · CAP-SS
2012-09-21
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2012-09-19
legacy
insolvency · CAP-SS
2012-09-19
legacy
capital · SH20
2012-09-19
resolution
resolution · RESOLUTIONS
2012-09-19
termination-director-company-with-name
officers · TM01
2012-06-22
termination-director-company-with-name
officers · TM01
2012-06-22
certificate-change-of-name-company
change-of-name · CERTNM
2012-06-15
legacy
mortgage · MG02
2011-12-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-11-04