01070977 LIMITED

🌳Matureactive
01070977 · ltd · incorporated 1972-09-11
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does

Operating under a generic SIC 7499 ("other business activities") code from a rural Worcestershire address, this appears to be a dormant or shell-like vehicle with unclear day-to-day activity, though its history of dissolution, restoration, and name changes suggests minimal operational use, possibly for holding or administrative purposes.

Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 54). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (38/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 48.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 48.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
59
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 (42 events)Click to expand
  1. 2018-07-19
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2018-07-19
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2007-12-11
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  4. 2007-08-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  5. 2007-07-13
    📄
    legacy
    dissolution · 652a
  6. 2007-03-20
    📄
    accounts-with-made-up-date
    accounts · AA
  7. 2006-07-11
    📄
    legacy
    annual-return · 363s
  8. 2006-07-07
    📄
    accounts-with-made-up-date
    accounts · AA
  9. 2005-06-28
    📄
    legacy
    annual-return · 363s
  10. 2005-06-10
    📄
    accounts-with-made-up-date
    accounts · AA
  11. 2004-07-01
    📄
    legacy
    annual-return · 363s
  12. 2004-07-01
    📄
    legacy
    annual-return · 363(288)
  13. 2004-02-27
    📄
    accounts-with-made-up-date
    accounts · AA
  14. 2003-07-22
    📄
    legacy
    annual-return · 363s
  15. 2003-02-26
    📄
    accounts-with-made-up-date
    accounts · AA
  16. 2002-07-08
    📄
    legacy
    annual-return · 363s
  17. 2002-03-13
    📄
    accounts-with-made-up-date
    accounts · AA
  18. 2001-07-31
    📄
    legacy
    annual-return · 363s
  19. 2001-02-27
    📄
    accounts-with-made-up-date
    accounts · AA
  20. 2000-07-27
    📄
    legacy
    annual-return · 363s
  21. 2000-06-13
    📄
    legacy
    officers · 288a
  22. 2000-06-13
    📄
    legacy
    officers · 288a
  23. 2000-06-13
    📄
    legacy
    officers · 288b
  24. 2000-06-13
    📄
    legacy
    officers · 288b
  25. 2000-05-24
    WILLETTS, Lucy appointed
    secretary
  26. 2000-05-24
    WILLETTS, Charles Edward appointed
    director
  27. 2000-05-24
    WILLETTS, Lucy appointed
    director
  28. 2000-05-24
    WILLETTS, Ann Elizabeth resigned
    secretary
  29. 2000-05-24
    WILLETTS, Ann Elizabeth resigned
    director
  30. 2000-05-24
    WILLETTS, Anthony Charles resigned
    director
  31. 2000-03-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  32. 1993-10-20
    🔓
    Charge satisfied #5
  33. 1993-10-20
    🔓
    Charge satisfied #4
  34. 1993-10-20
    🔓
    Charge satisfied #3
  35. 1993-10-20
    🔓
    Charge satisfied #2
  36. 1993-10-20
    🔓
    Charge satisfied #1
  37. 1982-12-05
    🔒
    Charge registered #5
    Lender: Drever International S.A.
  38. 1982-09-07
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  39. 1979-03-16
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  40. 1978-10-30
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  41. 1977-06-30
    🔒
    Charge registered #1
    Lender: Drever (UK) Limited.
  42. 1972-09-11
    🏢
    Company incorporated
    As 01070977 LIMITED

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 26 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 54 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2008-08-31

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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

Statusactive
Typeltd
Incorporated1972-09-11
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499

Registered office

Beech Elm Farm
Clattercut Lane
Rushock Nr Droitwich
Worcestershire
WR9 0NG

Filing status

Accounts
Next due: 2008-08-31OVERDUE
Last made up to: 2006-10-31
Confirmation statement
Next due:
Last:

Officers (3 active · 3 resigned)

WILLETTS, Lucy
secretary · appointed 2000-05-24
View their other companies + combined net worth →
Active
WILLETTS, Charles Edward
director · ~54y · appointed 2000-05-24
View their other companies + combined net worth →
Active
WILLETTS, Lucy
director · ~52y · appointed 2000-05-24
View their other companies + combined net worth →
Active
WILLETTS, Ann Elizabeth
secretary · resigned 2000-05-24
Resigned
WILLETTS, Ann Elizabeth
director · ~77y · resigned 2000-05-24
Resigned
WILLETTS, Anthony Charles
director · ~79y · resigned 2000-05-24
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Drever International S.A.
Deed of substitution1 property05/12/198220/10/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property07/09/198220/10/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/03/197920/10/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property30/10/197820/10/1993
satisfied
Drever (UK) .
Drever (UK) Limited.
Legal charge1 property30/06/197720/10/1993

Recent filings (62 total)

restoration-order-of-court
restoration · AC92
2018-07-19
certificate-change-of-name-company
change-of-name · CERTNM
2018-07-19
gazette-dissolved-voluntary
gazette · GAZ2(A)
2007-12-11
gazette-notice-voluntary
gazette · GAZ1(A)
2007-08-28
legacy
dissolution · 652a
2007-07-13
accounts-with-made-up-date
accounts · AA
2007-03-20
legacy
annual-return · 363s
2006-07-11
accounts-with-made-up-date
accounts · AA
2006-07-07
legacy
annual-return · 363s
2005-06-28
accounts-with-made-up-date
accounts · AA
2005-06-10
legacy
annual-return · 363s
2004-07-01
legacy
annual-return · 363(288)
2004-07-01
accounts-with-made-up-date
accounts · AA
2004-02-27
legacy
annual-return · 363s
2003-07-22
accounts-with-made-up-date
accounts · AA
2003-02-26