00438846 LIMITED

⚰️Wound downliquidation
00438846 · ltd · incorporated 1947-07-14
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
40/100
Watch
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What this business does
Primary activity: SIC 5010
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 5020SIC 5020
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 40/100 (watch), bankability 30/100. Strong seller-intent signal (63/100, director aged 76). 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 (44/100)

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 (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
40/100Watch
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
70
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 (8 events)Click to expand
  1. 2017-06-07
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  2. 2017-05-31
    📄
    legacy
    restoration · AC93
  3. 2017-05-31
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 1992-11-01
    WALKING, Matthew Tyler appointed
    secretary
  5. 1992-10-31
    HEARN, Phyllis resigned
    secretary
  6. 1992-10-31
    HEARN, Phyllis resigned
    director
  7. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  8. 1947-07-14
    🏢
    Company incorporated
    As 00438846 LIMITED

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

85/100
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 76 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2005-08-31

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: 2017-06-07: liquidation-compulsory-winding-up-order

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

13 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
Incorporated1947-07-14
Jurisdictionengland-wales
Primary SIC5010 — SIC 5010

Registered office

94 Brixton Hill
London
SW2 1QN

Filing status

Accounts
Next due: 2005-08-31OVERDUE
Last made up to: 2003-10-31
Confirmation statement
Next due:
Last:

Officers (2 active · 2 resigned)

WALKING, Matthew Tyler
secretary · appointed 1992-11-01
View their other companies + combined net worth →
Active
HEARN, Richard Charles Edward
director · ~76y
View their other companies + combined net worth →
Active
HEARN, Phyllis
secretary · resigned 1992-10-31
Resigned
HEARN, Phyllis
director · ~109y · resigned 1992-10-31
Resigned

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

Recent filings (4 total)

liquidation-compulsory-winding-up-order
insolvency · COCOMP
2017-06-07
legacy
restoration · AC93
2017-05-31
certificate-change-of-name-company
change-of-name · CERTNM
2017-05-31
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01