NORTUA LIMITED

⚰️Wound downdissolved
00983440 · ltd · incorporated 1970-07-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 90). Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 26.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 26.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (59/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (47 events)Click to expand
  1. 2018-08-28
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-08-28
    🏁
    Company dissolved
  3. 2018-06-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-06-04
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2018-04-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2018-04-01
    ➖
    KEYES, Paul Michael resigned
    director
  7. 2018-02-14
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  8. 2018-02-14
    📄
    legacy
    accounts · PARENT_ACC
  9. 2018-02-14
    📄
    legacy
    other · AGREEMENT2
  10. 2018-02-14
    📄
    legacy
    other · GUARANTEE2
  11. 2017-03-01
    📄
    accounts-amended-with-accounts-type-audit-exemption-subsiduary
    accounts · AAMD
  12. 2017-03-01
    📄
    legacy
    accounts · PARENT_ACC
  13. 2017-03-01
    📄
    legacy
    other · GUARANTEE2
  14. 2017-03-01
    📄
    legacy
    other · AGREEMENT2
  15. 2016-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-08-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  17. 2016-03-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2016-03-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2016-03-01
    ➕
    SHARRY, Minerva appointed
    secretary
  20. 2016-03-01
    ➖
    TAYLOR, David Victor resigned
    secretary
  21. 2016-02-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2015-11-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2015-11-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2015-01-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2014-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2014-11-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  27. 2014-11-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  28. 2013-11-05
    ➖
    SUMNER, Roger Edward resigned
    director
  29. 2013-09-20
    ➖
    SUMNER, Roger Edward resigned
    secretary
  30. 2013-09-20
    ➕
    TAYLOR, David Victor appointed
    secretary
  31. 2009-10-01
    ➕
    TAYLOR, Mark Andrew appointed
    director
  32. 2008-11-19
    🔓
    Charge satisfied #1
  33. 2003-10-01
    ➕
    KEYES, Paul Michael appointed
    director
  34. 2002-10-21
    ➕
    TAYLOR, David Victor appointed
    director
  35. 2002-10-21
    ➖
    PALLEMAERTS, Audrey resigned
    secretary
  36. 2002-10-21
    ➕
    SUMNER, Roger Edward appointed
    secretary
  37. 2002-10-21
    ➖
    PALLEMAERTS, Andrew John resigned
    director
  38. 2002-10-21
    ➖
    PALLEMAERTS, Audrey resigned
    director
  39. 2002-10-21
    ➖
    PALLEMAERTS, Roger Conway Edmund resigned
    director
  40. 2002-10-21
    ➖
    PALLEMAERTS, Steven Guy resigned
    director
  41. 2002-10-21
    ➕
    SUMNER, Roger Edward appointed
    director
  42. 2002-10-21
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland Commercial Services Limited (The Security Holder)
  43. 2002-10-21
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  44. 2001-09-20
    ➕
    PALLEMAERTS, Steven Guy appointed
    director
  45. 2000-05-22
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  46. 1996-07-01
    ➕
    PALLEMAERTS, Andrew John appointed
    director
  47. 1970-07-01
    🏢
    Company incorporated
    As NORTUA LIMITED

Owner dependency

91/100
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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 90 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 90 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 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 56 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

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-08-28

Group structure

Aquatronic Group Management Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aquatronic Group Management Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
NORTUA LIMITED
This company · 00983440

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%
NameSharesVoting rightsNature of controlNotified
Aquatronic Group Management Plc
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

8 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
Incorporated1970-07-01
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

A G M House
London Road Copford
Colchester
Essex
CO6 1GT

Filing status

Accounts
Next due: —
Last made up to: 2017-09-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 9 resigned)

SHARRY, Minerva→
secretary · appointed 2016-03-01
View their other companies + combined net worth →
Active
TAYLOR, David Victor→
director · ~90y · appointed 2002-10-21
View their other companies + combined net worth →
Active
TAYLOR, Mark Andrew→
director · ~64y · appointed 2009-10-01
View their other companies + combined net worth →
Active
PALLEMAERTS, Audrey→
secretary · resigned 2002-10-21
Resigned
SUMNER, Roger Edward→
secretary · appointed 2002-10-21 · resigned 2013-09-20
Resigned
TAYLOR, David Victor→
secretary · appointed 2013-09-20 · resigned 2016-03-01
Resigned
KEYES, Paul Michael→
director · ~71y · appointed 2003-10-01 · resigned 2018-04-01
Resigned
PALLEMAERTS, Andrew John→
director · ~62y · appointed 1996-07-01 · resigned 2002-10-21
Resigned
PALLEMAERTS, Audrey→
director · ~90y · resigned 2002-10-21
Resigned
PALLEMAERTS, Roger Conway Edmund→
director · ~95y · resigned 2002-10-21
Resigned
PALLEMAERTS, Steven Guy→
director · ~59y · appointed 2001-09-20 · resigned 2002-10-21
Resigned
SUMNER, Roger Edward→
director · ~82y · appointed 2002-10-21 · resigned 2013-11-05
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited (The Security Holder)
Fixed and floating charge1 property21/10/2002—
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property21/10/2002—
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property22/05/200019/11/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-08-28
gazette-notice-voluntary
gazette · GAZ1(A)
2018-06-12
dissolution-application-strike-off-company
dissolution · DS01
2018-06-04
termination-director-company-with-name-termination-date
officers · TM01
2018-04-03
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2018-02-14
legacy
accounts · PARENT_ACC
2018-02-14
legacy
other · AGREEMENT2
2018-02-14
legacy
other · GUARANTEE2
2018-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-06
accounts-amended-with-accounts-type-audit-exemption-subsiduary
accounts · AAMD
2017-03-01
legacy
accounts · PARENT_ACC
2017-03-01
legacy
other · GUARANTEE2
2017-03-01
legacy
other · AGREEMENT2
2017-03-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-02