457407 LIMITED

🌳Matureactive
00457407 · ltd · incorporated 1948-07-24
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.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
46/100
Watch
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 46/100 (watch), bankability 2/100. Strong seller-intent signal (78/100, director aged 82). 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: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 46.0y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 46.0 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (51/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 8 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
46/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
20
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 (48 events)Click to expand
  1. 2020-04-29
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2017-08-15
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  3. 2017-08-15
    🏁
    Company dissolved
  4. 2014-12-19
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2014-11-18
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  6. 2012-09-03
    📄
    restoration-order-of-court
    restoration · AC92
  7. 2011-12-27
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  8. 2011-09-13
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  9. 2009-12-07
    📄
    restoration-order-of-court
    restoration · AC92
  10. 2004-06-29
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  11. 2004-03-16
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  12. 2003-07-01
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  13. 2003-07-01
    ⚠️
    legacy
    insolvency · 405(2)
  14. 2003-07-01
    ⚠️
    legacy
    insolvency · 405(2)
  15. 2003-06-30
    📍
    legacy
    address · 287
  16. 2002-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2002-10-29
    📄
    legacy
    officers · 288b
  18. 2002-10-10
    📄
    miscellaneous
    miscellaneous · MISC
  19. 2002-10-10
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  20. 2002-08-30
    COURT, Justin Southworth resigned
    director
  21. 2002-07-18
    📍
    legacy
    address · 287
  22. 2002-07-15
    ⚠️
    legacy
    insolvency · 405(1)
  23. 2002-07-15
    ⚠️
    legacy
    insolvency · 405(1)
  24. 2002-07-02
    📄
    legacy
    annual-return · 363s
  25. 2002-06-21
    📄
    legacy
    mortgage · 395
  26. 2002-06-12
    🔒
    Charge registered #6
    Lender: Nederlandsche Credietverzekering Maatschappij N.V.(Including Its Successors)
  27. 2001-12-12
    📄
    legacy
    officers · 288b
  28. 2001-11-30
    SHEEHAN, Gerald resigned
    director
  29. 2001-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  30. 2001-03-09
    JUDD, Robert Edward appointed
    director
  31. 2001-03-09
    SHEEHAN, Gerald appointed
    director
  32. 1999-09-01
    COURT, Justin Southworth appointed
    director
  33. 1999-07-30
    EVANS, Roger Hugh resigned
    director
  34. 1999-06-07
    TOWNSEND, Edward Charles resigned
    director
  35. 1999-02-19
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC(As Trustee for the Beneficiaries)
  36. 1999-01-25
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  37. 1996-08-23
    COX, Alan George, Sir resigned
    director
  38. 1996-06-07
    BARTLETT, George Derek Wilson appointed
    director
  39. 1996-02-02
    ASW GROUP LIMITED appointed
    corporate-secretary
  40. 1996-02-02
    MCGOOKIN, Ann Elizabeth resigned
    secretary
  41. 1995-04-24
    RICH, Paul Michael resigned
    director
  42. 1994-10-19
    🔒
    Charge registered #3
    Lender: Lloyds Bank Plcas Trustee
  43. 1994-09-01
    TOWNSEND, Edward Charles appointed
    director
  44. 1994-03-21
    BARTLETT, George Derek Wilson resigned
    secretary
  45. 1994-03-21
    MCGOOKIN, Ann Elizabeth appointed
    secretary
  46. 1993-01-27
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  47. 1980-05-16
    🔒
    Charge registered #1
    Lender: Royal Exchange Assurance
  48. 1948-07-24
    🏢
    Company incorporated
    As 457407 LIMITED

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

91/100
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 82 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 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 78 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med · 1 low
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: 2003-10-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-06-14

6 insolvency-related filings on record
high

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

Evidence: 2003-07-01: liquidation-receiver-abstract-of-receipts-and-payments; 2003-07-01: legacy

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

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.

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
Incorporated1948-07-24
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499

Registered office

Copse Hill
58 Pentre Poeth Road,
Bassaleg Newport
Gwent
NP10 8LL

Filing status

Accounts
Next due: 2003-10-31OVERDUE
Last made up to: 2001-12-31
Confirmation statement
Next due: 2017-06-14OVERDUE
Last:

Officers (3 active · 8 resigned)

ASW GROUP LIMITED
corporate-secretary · appointed 1996-02-02
View their other companies + combined net worth →
Active
BARTLETT, George Derek Wilson
director · ~78y · appointed 1996-06-07
View their other companies + combined net worth →
Active
JUDD, Robert Edward
director · ~82y · appointed 2001-03-09
View their other companies + combined net worth →
Active
BARTLETT, George Derek Wilson
secretary · resigned 1994-03-21
Resigned
MCGOOKIN, Ann Elizabeth
secretary · appointed 1994-03-21 · resigned 1996-02-02
Resigned
COURT, Justin Southworth
director · ~77y · appointed 1999-09-01 · resigned 2002-08-30
Resigned
COX, Alan George, Sir
director · ~90y · resigned 1996-08-23
Resigned
EVANS, Roger Hugh
director · ~82y · resigned 1999-07-30
Resigned
RICH, Paul Michael
director · ~87y · resigned 1995-04-24
Resigned
SHEEHAN, Gerald
director · ~76y · appointed 2001-03-09 · resigned 2001-11-30
Resigned
TOWNSEND, Edward Charles
director · ~84y · appointed 1994-09-01 · resigned 1999-06-07
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Nederlandsche Credietverzekering Maatschappij N.V.(Including Its Successors)
Debenture1 property12/06/2002
outstanding
Lloyds Banking Group
Lloyds Bank PLC(As Trustee for the Beneficiaries)
Supplemental debenture1 property19/02/1999
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Debenture1 property25/01/1999
outstanding
Lloyds Banking Group
Lloyds Bank Plcas Trustee
Deed of amendment1 property19/10/1994
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Debenture1 property27/01/1993
outstanding
Royal Exchange Assurance
Supplemental trust deed1 property16/05/1980
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

restoration-order-of-court
restoration · AC92
2020-04-29
gazette-dissolved-compulsory
gazette · GAZ2
2017-08-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2014-12-19
gazette-notice-compulsary
gazette · GAZ1
2014-11-18
restoration-order-of-court
restoration · AC92
2012-09-03
gazette-dissolved-compulsary
gazette · GAZ2
2011-12-27
gazette-notice-compulsary
gazette · GAZ1
2011-09-13
restoration-order-of-court
restoration · AC92
2009-12-07
gazette-dissolved-compulsary
gazette · GAZ2
2004-06-29
gazette-notice-compulsary
gazette · GAZ1
2004-03-16
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2003-07-01
legacy
insolvency · 405(2)
2003-07-01
legacy
insolvency · 405(2)
2003-07-01
legacy
address · 287
2003-06-30
accounts-with-accounts-type-dormant
accounts · AA
2002-10-31