VERINE LIMITED
⚰️Wound downdissolved
01071165 · ltd · incorporated 1972-09-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
52/100
Worth a look
What this business does
Primary activity: SIC 5190
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 42/100. 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: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 37.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 37.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (47/100)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
12 officers (7 active, 12 linked, 10 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
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 (45 events)Click to expand
- 2014-01-17⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2014-01-17🏁Company dissolved
- 2013-10-17⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2013-08-27⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2013-02-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-08-22⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-03-08⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-09-02⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-03-03⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-10-07⚠️liquidation-voluntary-statement-of-receipts-and-paymentsinsolvency · 4.68
- 2010-09-06⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-09-06⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-02-16⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2008-10-16⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2008-10-03⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · 2.16B
- 2008-05-29⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2008-03-14⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2008-03-13📍legacyaddress · 287
- 2008-02-20📄legacymortgage · 403a
- 2008-02-20🔓Charge satisfied #4
- 2008-01-29📄legacyofficers · 288b
- 2008-01-24➖ROBINS, Richard William resigneddirector
- 2007-11-06📄legacyofficers · 288b
- 2007-11-02📄legacymortgage · 403b
- 2007-11-02📄legacymortgage · 403b
- 2007-10-31➖JENKINSON, Dermot Julian resigneddirector
- 2007-09-26📄legacyofficers · 288c
- 2007-06-04📄accounts-with-accounts-type-mediumaccounts · AA
- 2007-04-28📄legacymortgage · 395
- 2007-04-19🔒Charge registered #5Lender: Julian Charles Lewis Jenkinson, Dermot Julian Jenkinson and Karen Barbara Mason
- 2005-01-01➕HALL, Michael appointeddirector
- 2004-12-10🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2004-12-10🔒Charge registered #3Lender: Euro Sales Finance PLC (The Security Holder)
- 2004-11-27🔓Charge satisfied #2
- 2004-03-16➕HITCHMAN, Andrew appointeddirector
- 2003-07-16➕ROBINS, Stuart Richard appointedsecretary
- 2003-07-16➕ROBINS, Stuart Richard appointeddirector
- 2003-07-16➖ROBINS, Richard William resignedsecretary
- 2000-06-27➕MASON, Karen Barbara appointeddirector
- 2000-06-27➖MASON, Robert Sturdee resigneddirector
- 1994-11-22🔓Charge satisfied #1
- 1994-10-18🔒Charge registered #2Lender: Samuel Montagu & Co Limited
- 1993-07-31➖HOOD, Alexander Frances resigneddirector
- 1989-01-27🔒Charge registered #1Lender: Barclays Bank PLC
- 1972-09-11🏢Company incorporatedAs VERINE LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 100 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 100 years old. Natural succession window is now.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-01-17
16 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-01-17: gazette-dissolved-liquidation; 2013-10-17: liquidation-voluntary-creditors-return-of-final-meeting
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Similar companies
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|---|---|---|---|---|---|---|---|
| 1ST CLASS COURIER EVERYWHERE LIMITED→ 14742101 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 23 LOGISTICS LTD→ 15197785 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 264 TRADING LTD→ 15086045 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2BCOMPLIANT LTD→ 12076332 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 360 EXECUTIVE CARS LTD→ 14743812 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 50031CONSORTIUM LIMITED→ 10132688 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 737 LOGISTICS LTD→ 14286538 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A B C MOVERS LTD.→ 07385072 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A CLASS EXECUTIVES LTD→ 08364730 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| A&A CHAUFFEUR LIMITED→ 16483549 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A&D TRANSPORT LINE LTD→ 15106149 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 ROAD HAULAGE LIMITED→ 16894950 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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.
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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
Incorporated1972-09-11
Jurisdictionengland-wales
Primary SIC5190 — SIC 5190
Registered office
81 Station Road
Marlow
Bucks
SL7 1NS
Filing status
Accounts
Next due: —
Last made up to: 2006-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 5 resigned)
ROBINS, Stuart Richard→
Activesecretary · appointed 2003-07-16
View their other companies + combined net worth →
HALL, Michael→
Activedirector · ~67y · appointed 2005-01-01
View their other companies + combined net worth →
HITCHMAN, Andrew→
Activedirector · ~56y · appointed 2004-03-16
View their other companies + combined net worth →
Active
Active
MASON, Karen Barbara→
Activedirector · ~69y · appointed 2000-06-27
View their other companies + combined net worth →
ROBINS, Stuart Richard→
Activedirector · ~57y · appointed 2003-07-16
View their other companies + combined net worth →
ROBINS, Richard William→
Resignedsecretary · resigned 2003-07-16
HOOD, Alexander Frances→
Resigneddirector · ~92y · resigned 1993-07-31
JENKINSON, Dermot Julian→
Resigneddirector · ~72y · resigned 2007-10-31
MASON, Robert Sturdee→
Resigneddirector · ~70y · resigned 2000-06-27
ROBINS, Richard William→
Resigneddirector · ~84y · resigned 2008-01-24
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Julian Charles Lewis Jenkinson, Dermot Julian Jenkinson and Karen Barbara Mason | Debenture | 1 property | 19/04/2007 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 10/12/2004 | 20/02/2008 | |
| part-satisfied | Euro Sales Finance (The Security Holder) Euro Sales Finance PLC (The Security Holder) | Fixed and floating charge | 1 property | 10/12/2004 | — | |
| satisfied | Samuel Montagu & Co Samuel Montagu & Co Limited | Fixed and floating charge | 1 property | 18/10/1994 | 27/11/2004 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 27/01/1989 | 22/11/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (109 total)
gazette-dissolved-liquidation
gazette · GAZ2
2014-01-17
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2013-10-17
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2013-08-27
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2013-02-26
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-08-22
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-03-08
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-09-02
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-03-03
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2010-10-07
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-09-06
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-09-06
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · 2.34B
2009-02-16
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2008-10-16
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · 2.16B
2008-10-03
liquidation-in-administration-proposals
insolvency · 2.17B
2008-05-29