00612546 LIMITED
Opportunity 38/100 (watch), bankability 2/100. 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: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.
Refinance opportunity
8 live charges · 8 lenders · oldest 41.7y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 41.7 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (53 events)Click to expand
- 2015-05-28📄restoration-order-of-courtrestoration · AC92
- 2015-05-28✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2011-10-12⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2011-10-12🏁Company dissolved
- 2011-07-12⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2011-03-02⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-09-03⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-03-04⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-02-23⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2009-02-10⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2009-02-10📄resolutionresolution · RESOLUTIONS
- 2009-01-23📍legacyaddress · 287
- 2008-09-22📄legacyannual-return · 363a
- 2008-09-22📄legacyofficers · 288c
- 2008-01-28📄memorandum-articlesincorporation · MEM/ARTS
- 2008-01-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2007-11-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-10-16📄legacyannual-return · 363s
- 2006-11-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-09-29📄legacyannual-return · 363s
- 2005-09-26📄legacyannual-return · 363s
- 2005-08-25📄resolutionresolution · RESOLUTIONS
- 2005-07-20📄legacymortgage · 403b
- 2005-07-12📄accounts-with-accounts-type-smallaccounts · AA
- 2005-06-18📄statement-of-affairsmiscellaneous · SA
- 2005-06-18📄legacycapital · 88(2)R
- 2005-02-09➕JOHNSTON, Duncan appointeddirector
- 2005-02-09➖LEATHER, John resigneddirector
- 2005-02-09🔒Charge registered #8Lender: Brook Group (Holdings) Limited
- 2005-01-27🔓Charge satisfied #5
- 2004-09-28🔒Charge registered #7Lender: Hsbc Bank PLC
- 2004-05-17➕WILFORD, David appointeddirector
- 2004-04-27🔒Charge registered #6Lender: Cattle Invoice Finance Limited
- 2003-11-21➖GLEDHILL, Robin Matthew resigneddirector
- 2003-02-10🔓Charge satisfied #4
- 2003-01-25🔒Charge registered #5Lender: Joan Gledhill
- 2002-07-01➕GLEDHILL, Timothy Nicholas appointedsecretary
- 2002-06-30➖SWALLOW, Robert Henry resignedsecretary
- 2002-06-30➖SWALLOW, Robert Henry resigneddirector
- 2002-01-01➕LEATHER, John appointeddirector
- 2001-07-25🔒Charge registered #4Lender: Hsbc Invoice Finance (UK) LTD
- 2001-03-24🔓Charge satisfied #3
- 2001-03-24🔓Charge satisfied #1
- 2000-10-10➖JONES, Peter resigneddirector
- 1999-08-17➖HIRST, John Bryan resigneddirector
- 1997-10-01➕GLEDHILL, Robin Matthew appointeddirector
- 1997-09-06➖GLEDHILL, Edwin resigneddirector
- 1996-07-26🔒Charge registered #3Lender: Forward Trust Limited
- 1995-11-17➖FARRELL, Michael resigneddirector
- 1992-11-01➖HERBERT, John Bechworth resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 68 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high · 1 med ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2008-10-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-10-03
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-10-12: gazette-dissolved-liquidation; 2011-07-12: liquidation-voluntary-creditors-return-of-final-meeting
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (4 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Brook Group (Holdings) Brook Group (Holdings) Limited | Debenture | 1 property | 09/02/2005 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 28/09/2004 | — | |
| outstanding | Cattle Invoice Finance Cattle Invoice Finance Limited | Debenture | 1 property | 27/04/2004 | — | |
| satisfied | Joan Gledhill | Mortgage debenture | 1 property | 25/01/2003 | 27/01/2005 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | Fixed charge on purchased debts which fail to vest | 1 property | 25/07/2001 | 10/02/2003 | |
| satisfied | Forward Trust Forward Trust Limited | Chattels mortgage | 1 property | 26/07/1996 | 24/03/2001 | |
| outstanding | Midland Bank Midland Bank PLC | Charge on book debts. | 1 property | 08/04/1991 | — | |
| satisfied | Investors in Industry Investors in Industry PLC | Deed of assignment | 1 property | 31/08/1984 | 24/03/2001 |