HOCKING NDT LIMITED
- · Oldest live charge 54.0y old — refinance window within 12 months
Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (88/100, director aged 67). 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.
Refinance opportunity
3 live charges · 2 lenders · oldest 54.0y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 54.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)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 (84 events)Click to expand
- 2013-10-09⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-10-09🏁Company dissolved
- 2013-07-09⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2013-04-19📍change-sail-address-company-with-old-addressaddress · AD02
- 2013-04-09📍change-sail-address-company-with-old-addressaddress · AD02
- 2013-04-09📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-04-08⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2013-04-08⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2013-04-08📄resolutionresolution · RESOLUTIONS
- 2013-02-28📄memorandum-articlesincorporation · MA
- 2013-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-14📄legacycapital · SH20
- 2013-01-14⚠️legacyinsolvency · CAP-SS
- 2013-01-14📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2013-01-14📄resolutionresolution · RESOLUTIONS
- 2012-07-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-05-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2012-05-28➖TWYDLE, John Paul resigneddirector
- 2012-01-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-03-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-11📄appoint-person-director-company-with-nameofficers · AP01
- 2011-03-11📄appoint-person-director-company-with-nameofficers · AP01
- 2011-02-22📄termination-director-company-with-nameofficers · TM01
- 2010-12-22➕EVERETT, Peter Daryl appointeddirector
- 2010-12-22➕WAKE, Hilary Anne, Mrs. appointeddirector
- 2010-12-22➖SKILLING, Mark Roderick resigneddirector
- 2010-06-23📄termination-secretary-company-with-nameofficers · TM02
- 2010-05-25➖HOLLOWAY, Michael John Frederick resignedsecretary
- 2010-04-20📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2010-04-13📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-02-01➕OAKWOOD CORPORATE SECRETARY LIMITED appointedcorporate-secretary
- 2009-11-17➖MAWLAW SECRETARIES LIMITED resignedcorporate-secretary
- 2009-06-19➕TWYDLE, John Paul appointeddirector
- 2009-06-19➖WISE, Paul Anthony resigneddirector
- 2009-05-20➖JANKOWSKI, David Mark resigneddirector
- 2007-10-22➖TWYDLE, John Paul resigneddirector
- 2006-10-24➖LANG, Nichola resignedsecretary
- 2006-09-22➖MORRIS, Charles Philip resigneddirector
- 2006-09-22➕SKILLING, Mark Roderick appointeddirector
- 2006-09-22➕TWYDLE, John Paul appointeddirector
- 2006-04-03➖HILL, Courtney resigneddirector
- 2005-11-17➖DESAI, Kaivan resigneddirector
- 2005-11-17➕JANKOWSKI, David Mark appointeddirector
- 2005-11-17➖MCALISTER, Bruce Alastair resigneddirector
- 2005-11-17➕MORRIS, Charles Philip appointeddirector
- 2005-11-17➖VANCOPPERNOLLE, Jos resigneddirector
- 2005-11-17➕WISE, Paul Anthony appointeddirector
- 2005-06-07➕MAWLAW SECRETARIES LIMITED appointedcorporate-secretary
- 2004-09-23➕LANG, Nichola appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — 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 67. 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 55 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-10-09
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-10-09: gazette-dissolved-liquidation; 2013-07-09: liquidation-voluntary-members-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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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.
See pricing →Company details
Registered office
Filing status
Officers (0 active · 27 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bond Support Advisers Bond Support Advisers Limited | Debenture & guarantee | 1 property | 23/07/1990 | 29/10/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Charge over all bookdebts | 1 property | 13/09/1983 | 24/04/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Floating charge | 1 property | 27/06/1972 | 19/11/1991 |