REECEWAY LIMITED
⚰️Wound downdissolved
00571315 · ltd · incorporated 1956-09-10
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
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 50/100 (worth a look), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
28 live charges · 7 lenders · oldest 144.6y
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 144.6 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (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
28 charges (28/28 with lender, 28/28 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
41
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 (96 events)Click to expand
- 2014-05-20📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-05-20🏁Company dissolved
- 2014-02-04📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-01-28📄dissolution-application-strike-off-companydissolution · DS01
- 2013-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-07-05📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2013-07-02📄legacycapital · SH20
- 2013-07-02⚠️legacyinsolvency · CAP-SS
- 2013-07-02📄resolutionresolution · RESOLUTIONS
- 2013-06-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-11📄appoint-person-director-company-with-nameofficers · AP01
- 2013-04-11📄termination-director-company-with-nameofficers · TM01
- 2013-04-10➕STRAIN, Trevor John appointeddirector
- 2013-04-10➖PENNYCOOK, Richard John resigneddirector
- 2013-02-27📄appoint-person-secretary-company-with-nameofficers · AP03
- 2013-02-13➕AMSDEN, Mark Rowan appointedsecretary
- 2013-01-24📄termination-secretary-company-with-nameofficers · TM02
- 2013-01-11➖MCMAHON, Gregory Joseph resignedsecretary
- 2012-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-06-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-10-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-06-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-10-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-06-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-24📄accounts-with-accounts-type-fullaccounts · AA
- 2009-10-29📄change-person-director-company-with-change-dateofficers · CH01
- 2009-10-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-06-24📄legacyannual-return · 363a
- 2009-03-18📄legacyofficers · 288a
- 2009-03-17📄legacyofficers · 288b
- 2009-03-16➖BURKE, Jonathan James resignedsecretary
- 2009-03-16➕MCMAHON, Gregory Joseph appointedsecretary
- 2009-02-01➖OWEN, Roger Anthony resigneddirector
- 2006-09-29➖STOTT, Robert Winston resigneddirector
- 2006-05-01➕PENNYCOOK, Richard John appointeddirector
- 2005-06-24➕STOTT, Robert Winston appointeddirector
- 2003-03-12🔓Charge satisfied #10
- 2003-01-09🔓Charge satisfied #28
- 2003-01-09🔓Charge satisfied #27
- 2003-01-09🔓Charge satisfied #26
- 2003-01-04🔓Charge satisfied #25
- 2003-01-04🔓Charge satisfied #24
- 2003-01-04🔓Charge satisfied #23
- 2003-01-04🔓Charge satisfied #22
- 2003-01-04🔓Charge satisfied #21
- 2003-01-04🔓Charge satisfied #20
- 2003-01-04🔓Charge satisfied #19
- 2003-01-04🔓Charge satisfied #18
- 2003-01-04🔓Charge satisfied #17
- 2003-01-04🔓Charge satisfied #16
Showing most recent 50 of 96 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 70 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-05-20
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-07-02: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple 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 →Similar companies
Active · Holding company · BD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 LISTERHILLS ROAD LIMITED→ 16919625 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 106 DRAYTON BRIDGE ROAD LIMITED→ 13895002 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 12 CHELKER CLOSE RTM COMPANY LIMITED→ 14914172 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 161-163 THORNTON ROAD LIMITED→ 16919630 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 175 SUNBRIDGE ROAD MANAGEMENT COMPANY LIMITED→ 05966730 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 202 FULHAM PALACE ROAD LIMITED→ 13185117 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 22 MARGERISON ROAD MANAGEMENT COMPANY LIMITED→ 05574342 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 22 PARK DRIVE (HEATON) LIMITED→ 01386602 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| 23 WEST ST MANAGEMENT LIMITED→ 11081377 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 25 HIGH STREET (LOFTUS) MANAGEMENT COMPANY LIMITED→ 13422273 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 287 WESTBOURNE PARK ROAD LIMITED→ 02607038 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| 3 WEST PARK LIMITED→ 02380494 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
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
Incorporated1956-09-10
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
Hilmore House
Gain Lane
Bradford
West Yorkshire
BD3 7DL
Filing status
Accounts
Next due: —
Last made up to: 2013-02-03
Confirmation statement
Next due: —
Last: —
Officers (0 active · 8 resigned)
AMSDEN, Mark Rowan→
Activesecretary · appointed 2013-02-13
View their other companies + combined net worth →
STRAIN, Trevor John→
Activedirector · ~51y · appointed 2013-04-10
View their other companies + combined net worth →
BURKE, Jonathan James→
Resignedsecretary · appointed 2003-01-03 · resigned 2009-03-16
COHEN, Norma Michelle→
Resignedsecretary · resigned 2003-01-03
MCMAHON, Gregory Joseph→
Resignedsecretary · appointed 2009-03-16 · resigned 2013-01-11
COHEN, Henry Selwyn→
Resigneddirector · ~65y · resigned 2003-01-03
COHEN, Maurice→
Resigneddirector · ~98y · resigned 2003-01-03
OWEN, Roger Anthony→
Resigneddirector · ~78y · appointed 2003-01-03 · resigned 2009-02-01
PENNYCOOK, Richard John→
Resigneddirector · ~62y · appointed 2006-05-01 · resigned 2013-04-10
STOTT, Robert Winston→
Resigneddirector · ~83y · appointed 2005-06-24 · resigned 2006-09-29
Click a director name to see their full track record across all companies.
Mortgages & charges
28
Total charges
2
Outstanding
2
Active lenders
Status:Lender:28 of 28 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Midland Bank Midland Bank PLC | Legal mortgage | 5 properties | 17/01/1996 | 09/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal mortgage | 5 properties | 17/01/1996 | 09/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 20/09/1995 | 09/01/2003 | |
| satisfied | Northern Rock Building Society | Deed of assignment | 1 property | 06/04/1995 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 14/01/1994 | 04/01/2003 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 25/03/1992 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 3 properties | 25/03/1992 | 04/01/2003 | |
| satisfied | City Merchants Bank City Merchants Bank Limited | Legal charge | 1 property | 18/06/1991 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 17/09/1990 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 17/09/1990 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 11/06/1990 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 19/02/1990 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 21/12/1989 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 16/08/1989 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 17/04/1989 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 17/04/1989 | 04/01/2003 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Legal charge | 1 property | 04/09/1986 | 21/10/1991 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal charge | 1 property | 22/05/1986 | 25/09/1986 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Legal charge | 2 properties | 05/12/1985 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 6 properties | 30/09/1983 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 4 properties | 26/08/1981 | 10/03/1987 | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 24/07/1981 | — | |
| outstanding | Norwich General Trust Norwich General Trust Limited | Legal charge | 1 property | 14/08/1980 | — | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 11/06/1980 | 04/01/2003 | |
| satisfied | Forward Trust Forward Trust Limited | Legal charge | 1 property | 07/08/1978 | 04/01/2003 | |
| satisfied | Forward Trust Forward Trust Limited | Legal charge | 3 properties | 04/10/1977 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 13/11/1963 | 04/01/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 26/08/1881 | 12/03/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (146 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-05-20
gazette-notice-voluntary
gazette · GAZ1(A)
2014-02-04
dissolution-application-strike-off-company
dissolution · DS01
2014-01-28
accounts-with-accounts-type-dormant
accounts · AA
2013-10-10
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2013-07-05
legacy
capital · SH20
2013-07-02
legacy
insolvency · CAP-SS
2013-07-02
resolution
resolution · RESOLUTIONS
2013-07-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-06-27
appoint-person-director-company-with-name
officers · AP01
2013-04-11
termination-director-company-with-name
officers · TM01
2013-04-11
appoint-person-secretary-company-with-name
officers · AP03
2013-02-27
termination-secretary-company-with-name
officers · TM02
2013-01-24
accounts-with-accounts-type-dormant
accounts · AA
2012-10-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-26