KELAN CIRCUITS LIMITED
⚰️Wound downdissolved
01159225 · ltd · incorporated 1974-02-05
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
63/100
Worth a look
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 63/100 (worth a look), bankability 52/100. Strong seller-intent signal (65/100, director aged 64). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 6 lenders · oldest 45.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 45.7 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
26 officers (3 active, 26 linked, 19 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
152 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
85
Strong succession / seller-readiness signals.
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 (78 events)Click to expand
- 2021-01-05📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2021-01-05🏁Company dissolved
- 2020-10-20📄gazette-notice-voluntarygazette · GAZ1(A)
- 2020-10-09📄dissolution-application-strike-off-companydissolution · DS01
- 2020-07-07📄accounts-with-accounts-type-smallaccounts · AA
- 2019-06-05📄accounts-with-accounts-type-smallaccounts · AA
- 2018-12-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-12-05🔓Charge satisfied #7
- 2018-06-13📄accounts-with-accounts-type-smallaccounts · AA
- 2017-06-16📄accounts-with-accounts-type-fullaccounts · AA
- 2016-06-14📄accounts-with-accounts-type-fullaccounts · AA
- 2016-04-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-05📄accounts-with-accounts-type-fullaccounts · AA
- 2015-05-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-06-30📄accounts-with-accounts-type-smallaccounts · AA
- 2014-05-16➖EDGAR, Lindsay Clark resigneddirector
- 2014-04-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-06-27📄accounts-with-accounts-type-smallaccounts · AA
- 2013-05-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-07-10📄resolutionresolution · RESOLUTIONS
- 2012-05-22📄accounts-with-accounts-type-smallaccounts · AA
- 2012-05-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-15📄accounts-with-accounts-type-smallaccounts · AA
- 2010-06-22➕GAMBLES, Roger Stuart appointedsecretary
- 2010-06-22➕GILBERT, Barry David appointeddirector
- 2010-06-22➕GRISBROOKE, Andrew John appointeddirector
- 2010-06-22➖HOWARD, Roger George resignedsecretary
- 2010-06-22➖BANNARD, Michael Christopher resigneddirector
- 2010-06-22➖HOWARD, Roger George resigneddirector
- 2010-06-22➖WATSON, Keith resigneddirector
- 2007-09-07➖HARBERT, Ashley Scott resigneddirector
- 2004-02-01➕HARBERT, Ashley Scott appointeddirector
- 2000-09-26➕WATSON, Keith appointeddirector
- 2000-05-27🔓Charge satisfied #6
- 2000-05-26➕HOWARD, Roger George appointedsecretary
- 2000-05-26➖LEIGHTON, Iain Gordon Kerr resignedsecretary
- 2000-05-26➖BELISARIO, Anthony Alfredo resigneddirector
- 2000-05-26➖DOWDING, Keith Stuart resigneddirector
- 2000-05-26➕EDGAR, Lindsay Clark appointeddirector
- 2000-05-26➕HOWARD, Roger George appointeddirector
- 2000-05-26🔒Charge registered #7Lender: Yorkshire Bank PLC
- 1998-11-19➖ATKINSON, Richard resignedsecretary
- 1998-11-19➕LEIGHTON, Iain Gordon Kerr appointedsecretary
- 1998-08-27➕BANNARD, Michael Christopher appointeddirector
- 1998-07-21➕ATKINSON, Richard appointedsecretary
- 1998-07-21➖PINSENT MASONS SECRETARIAL LIMITED resignedcorporate-secretary
- 1998-05-21➕DOWDING, Keith Stuart appointeddirector
- 1997-11-30➖REGAN, Michael Andrew resigneddirector
- 1997-07-11➖MCKENZIE, Ian Munro resigneddirector
Showing most recent 50 of 78 events
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. 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 16 years.
- secondaryStable-but-static management: Company is 52 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2021-01-05
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Tappenden & Co Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Tappenden & Co Limited
Corporate parent · holds 75-100% shares · board control
⬇
KELAN CIRCUITS LIMITED
This company · 01159225
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Tappenden & Co Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A PLUS HEALTH LTD→ 14823302 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCESSACADEMY INTERNATIONAL LIMITED→ 07714116 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ACREATIONS LTD→ 15686721 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADULT HOLIDAYS LIMITED→ 10700318 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADVANCE SUNNY SPAIN LIMITED→ 05299669 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVENCAS LTD→ 15475166 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVOTEK LTD→ 15976361 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGA FIRESTOPPING LTD→ 16871383 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALBAN MOVES LIMITED→ 06199576 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ALBION CLOSE 05/10/56 LIMITED→ 08807452 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALGHERO ESTATES LIMITED→ 07095105 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALIF ZAN LTD→ 14562294 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1974-02-05
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
The Maltings, 63 High Street
Ware
Hertfordshire
SG12 9AD
Filing status
Accounts
Next due: —
Last made up to: 2019-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 23 resigned)
GAMBLES, Roger Stuart→
Activesecretary · appointed 2010-06-22
View their other companies + combined net worth →
GILBERT, Barry David→
Activedirector · ~57y · appointed 2010-06-22
View their other companies + combined net worth →
GRISBROOKE, Andrew John→
Activedirector · ~64y · appointed 2010-06-22
View their other companies + combined net worth →
ATKINSON, Richard→
Resignedsecretary · appointed 1998-07-21 · resigned 1998-11-19
ELSTONE, Henry Claude→
Resignedsecretary · resigned 1994-09-29
HOWARD, Roger George→
Resignedsecretary · appointed 2000-05-26 · resigned 2010-06-22
LEIGHTON, Iain Gordon Kerr→
Resignedsecretary · appointed 1998-11-19 · resigned 2000-05-26
MULLEN, Kenneth John→
Resignedsecretary · appointed 1994-09-29 · resigned 1995-03-31
PINSENT MASONS SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 1995-06-16 · resigned 1998-07-21
BANNARD, Michael Christopher→
Resigneddirector · ~79y · appointed 1998-08-27 · resigned 2010-06-22
BELISARIO, Anthony Alfredo→
Resigneddirector · ~76y · appointed 1996-07-16 · resigned 2000-05-26
DOWDING, Keith Stuart→
Resigneddirector · ~75y · appointed 1998-05-21 · resigned 2000-05-26
EDGAR, Lindsay Clark→
Resigneddirector · ~63y · appointed 2000-05-26 · resigned 2014-05-16
FISHER, Andrew Charles→
Resigneddirector · ~68y · appointed 1995-03-28 · resigned 1995-03-31
HALL, Eric→
Resigneddirector · ~94y · resigned 1992-07-07
HARBERT, Ashley Scott→
Resigneddirector · ~64y · appointed 2004-02-01 · resigned 2007-09-07
HOWARD, Roger George→
Resigneddirector · ~72y · appointed 2000-05-26 · resigned 2010-06-22
HUCK, Ernest Francis→
Resigneddirector · ~82y · appointed 1995-03-31 · resigned 1996-08-22
HUCK, Ernest Francis→
Resigneddirector · ~82y · resigned 1995-03-26
LAMMING, Philip Andrew→
Resigneddirector · ~84y · appointed 1992-08-04 · resigned 1996-07-11
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 26/05/2000 | 05/12/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland Plcas Agent and Trustee for Itself and Each of Thelenders | Guarantee and debenture | 1 property | 27/04/1995 | 27/05/2000 | |
| outstanding | Virgin Money Yorkshire Bank Public Limited Company | Deed | 1 property | 22/01/1983 | — | |
| outstanding | Virgin Money Yorkshire Bank Limited. | Deed | 1 property | 21/04/1981 | — | |
| satisfied | Merchant Navy Officers Pension Fund Trustees Merchant Navy Officers Pension Fund Trustees Limited | Legal charge | 1 property | 21/04/1981 | 25/04/1995 | |
| outstanding | Merchant Navy Officers Pension Fund Trustees Merchant Navy Officers Pension Fund Trustees Limited | Instrument | 2 properties | 21/04/1981 | — | |
| outstanding | Virgin Money Yorkshire Bank Limited | Legal charge | 1 property | 30/09/1980 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (152 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-01-05
gazette-notice-voluntary
gazette · GAZ1(A)
2020-10-20
dissolution-application-strike-off-company
dissolution · DS01
2020-10-09
accounts-with-accounts-type-small
accounts · AA
2020-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06
accounts-with-accounts-type-small
accounts · AA
2019-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-29
mortgage-satisfy-charge-full
mortgage · MR04
2018-12-05
accounts-with-accounts-type-small
accounts · AA
2018-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-04-30
accounts-with-accounts-type-full
accounts · AA
2017-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-03
accounts-with-accounts-type-full
accounts · AA
2016-06-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-29
accounts-with-accounts-type-full
accounts · AA
2015-06-05