PROVIDENT LIMITED
Opportunity 45/100 (watch), bankability 50/100. 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (43/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (59 events)Click to expand
- 2024-05-21⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-05-21🏁Company dissolved
- 2024-02-21⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2023-08-07➖KAPUR, Neeraj resigneddirector
- 2023-08-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-29⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2022-12-29⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2022-12-29📄resolutionresolution · RESOLUTIONS
- 2022-12-13📄capital-allotment-sharescapital · SH01
- 2022-09-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-09-14📄legacyaccounts · PARENT_ACC
- 2022-09-14📄legacyother · AGREEMENT2
- 2022-09-14📄legacyother · GUARANTEE2
- 2022-08-22📄termination-secretary-companyofficers · TM02
- 2022-08-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-08-19➕BARNETT, Melanie appointedsecretary
- 2022-08-19➕BARNETT, Melanie Jayne appointeddirector
- 2022-08-19➖DAVIES, Charlotte resigneddirector
- 2021-09-27📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-09-27📄legacyaccounts · PARENT_ACC
- 2021-09-27📄legacyother · GUARANTEE2
- 2021-09-27📄legacyother · AGREEMENT2
- 2020-10-12📄accounts-with-accounts-type-fullaccounts · AA
- 2020-04-01➕KAPUR, Neeraj appointeddirector
- 2020-03-31➖THOMAS, Simon George resigneddirector
- 2019-04-26➕DAVIES, Charlotte appointeddirector
- 2019-04-26➖MULLEN, Kenneth John resigneddirector
- 2018-12-03➖FISHER, Andrew Charles resigneddirector
- 2018-12-03➕THOMAS, Simon George appointeddirector
- 2018-03-31➖WATTS, Paula resignedsecretary
- 2018-03-31➖WATTS, Paula resigneddirector
- 2017-05-12➖VERSLUYS, Emma Gayle resignedsecretary
- 2017-05-12➕WATTS, Paula appointedsecretary
- 2017-05-12➖VERSLUYS, Emma Gayle resigneddirector
- 2017-05-12➕WATTS, Paula appointeddirector
- 2008-03-25➕FISHER, Andrew Charles appointeddirector
- 2007-07-16➖MARSHALL SMITH, Rosamond Joy resigneddirector
- 2007-07-16➕MULLEN, Kenneth John appointeddirector
- 2006-01-09➖MARSHALL SMITH, Rosamond Joy resignedsecretary
- 2006-01-09➕VERSLUYS, Emma Gayle appointedsecretary
- 2005-12-31➖JOHNSTONE, Christopher Charles resigneddirector
- 2005-01-17➕VERSLUYS, Emma Gayle appointeddirector
- 2004-12-31➖FARBRIDGE, Caroline Louise resigneddirector
- 2003-08-05➕JOHNSTONE, Christopher Charles appointeddirector
- 2002-09-20➖ASHTON, Robin James resigneddirector
- 2002-09-20➖HARNETT, John Arthur resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 69 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-05-21
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-05-21: gazette-dissolved-liquidation; 2024-02-21: liquidation-voluntary-members-return-of-final-meeting
Group structure
Vanquis Banking Group Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Vanquis Banking Group Plc Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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10 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 →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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Registered office
Filing status
Officers (0 active · 18 resigned)
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