READY MIXED CONCRETE (TRANSITE) LIMITED
Opportunity 50/100 (worth a look), bankability 50/100. Strong seller-intent signal (63/100, director aged 65). 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 (50/100). Current lenders should be on monthly review.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (64 events)Click to expand
- 2017-08-12⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2017-08-12🏁Company dissolved
- 2017-05-12⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2017-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-16⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2016-06-16📄resolutionresolution · RESOLUTIONS
- 2016-06-16⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2016-04-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-04-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-03-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-03-16➕ZEA BETANCOURT, Larry Jose appointeddirector
- 2015-03-16➖COLLINS, Michael Leslie resigneddirector
- 2014-09-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-04-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-04-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-07-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-04-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-10-05📄appoint-person-director-company-with-nameofficers · AP01
- 2011-10-05📄termination-director-company-with-nameofficers · TM01
- 2011-09-30➕SMALLEY, Jason Alexander appointeddirector
- 2011-09-30➖SMITH, Andrew Michael resigneddirector
- 2011-05-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-04-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-24📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-05-10📄annual-return-company-with-made-up-dateannual-return · AR01
- 2010-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-05-22➖GILLARD, Peter Henry resigneddirector
- 2007-06-12➕GILLARD, Peter Henry appointeddirector
- 2006-04-12➖BOTTLE, Stephen resigneddirector
- 2006-04-12➕SMITH, Andrew Michael appointeddirector
- 2004-04-01➕MURRAY, Daphne Margaret appointedsecretary
- 2004-04-01➖COLLINS, Michael Leslie resignedsecretary
- 2004-04-01➖ROBINSON, John Anthony resigneddirector
- 2000-07-01➕COLLINS, Michael Leslie appointedsecretary
- 2000-07-01➖STANDISH, Frank James resignedsecretary
- 2000-07-01➕BOTTLE, Stephen appointeddirector
- 2000-07-01➕COLLINS, Michael Leslie appointeddirector
- 2000-07-01➖HAMPSON, Michael David resigneddirector
- 2000-07-01➖STANDISH, Frank James resigneddirector
- 2000-05-26➖BROWN, Charles Bennett resigneddirector
- 2000-05-26➕STANDISH, Frank James appointeddirector
- 1999-03-01➖KALIA, Narinder Nath resignedsecretary
- 1999-03-01➕STANDISH, Frank James appointedsecretary
- 1998-12-31➕BROWN, Charles Bennett appointeddirector
- 1998-12-31➖CLARK, Graham Edward resigneddirector
- 1998-12-31➖HALLING, Michael John resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 67 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 ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2017-08-12
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-08-12: gazette-dissolved-liquidation; 2017-05-12: liquidation-voluntary-members-return-of-final-meeting
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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.
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Officers (0 active · 19 resigned)
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