NEW ENTERPRISE COACHES (TONBRIDGE) LIMITED

⚰️Wound downdissolved
01161234 · ltd · incorporated 1974-02-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
44/100
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What this business does
Primary activity: SIC 49319
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 44/100 (watch), 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

6 live charges · 5 lenders · oldest 47.1y

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 47.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 60/100 (high).

Data confidence

Overall: medium (60/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
35 officers (2 active, 35 linked, 30 with DOB)
87
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
181 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
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 (98 events)Click to expand
  1. 2017-12-25
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2017-12-25
    🏁
    Company dissolved
  3. 2017-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2017-09-25
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  5. 2017-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2017-03-10
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  7. 2017-03-10
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · 4.70
  8. 2017-03-10
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2016-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-05-11
    EDWARDS, Lorna appointed
    director
  11. 2016-05-11
    LAWSON, Beverley Elizabeth resigned
    director
  12. 2016-05-11
    WILLIAMS, Heath resigned
    director
  13. 2016-05-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2016-05-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2016-05-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2016-03-31
    CARLAW, Kenneth Mcintyre resigned
    director
  17. 2016-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2015-12-22
    BOWLER, Richard Anthony resigned
    director
  19. 2015-12-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2015-10-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2015-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2015-09-30
    HAWKINS, Kevin Paul resigned
    director
  23. 2015-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2014-10-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2014-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2014-08-06
    BARRACLOUGH, Brian resigned
    director
  27. 2014-08-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2013-12-17
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  29. 2013-12-17
    📄
    termination-secretary-company-with-name
    officers · TM02
  30. 2013-12-16
    EDWARDS, Lorna appointed
    secretary
  31. 2013-12-16
    DAVIES, Elizabeth Anne resigned
    secretary
  32. 2013-10-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  33. 2013-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  34. 2013-08-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  35. 2011-06-30
    CARLAW, Kenneth Mcintyre appointed
    director
  36. 2011-06-30
    TURNER, David Paul resigned
    director
  37. 2010-04-07
    BARRACLOUGH, Brian appointed
    director
  38. 2010-04-07
    WARD, Anthony Peter resigned
    director
  39. 2005-10-31
    FERNS, Stephen John resigned
    director
  40. 2005-07-01
    SCOWEN, Robert resigned
    director
  41. 2005-07-01
    WILLIAMS, Heath appointed
    director
  42. 2005-04-29
    JOHNSTONE, David Graham resigned
    director
  43. 2005-01-18
    DAVIES, Elizabeth Anne appointed
    secretary
  44. 2005-01-18
    TURNER, David Paul resigned
    secretary
  45. 2004-10-06
    JOHNSTONE, David Graham appointed
    director
  46. 2004-10-06
    TURNER, David Paul appointed
    director
  47. 2004-07-28
    BOWLER, Richard Anthony appointed
    director
  48. 2003-01-10
    FERNS, Stephen John appointed
    director
  49. 2003-01-10
    WARD, Anthony Peter appointed
    director
  50. 2002-05-07
    MARTIN, David Robert resigned
    director
Showing most recent 50 of 98 events

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

2 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2017-12-25

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2017-12-25: gazette-dissolved-liquidation; 2017-09-25: liquidation-voluntary-members-return-of-final-meeting

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.

Group structure

Arriva Uk Bus Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Arriva Uk Bus Holdings Limited
Corporate parent
NEW ENTERPRISE COACHES (TONBRIDGE) LIMITED
This company · 01161234

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
Arriva Uk Bus Holdings Limited
Corporate entity
75–100%75-100% voting06/04/2016

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

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 →
🔒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
Incorporated1974-02-26
Jurisdictionengland-wales
Primary SIC49319 — SIC 49319

Registered office

11 Clifton Moor Business Village James Nicolson Link
Clifton Moor
York
North Yorkshire
YO30 4XG

Filing status

Accounts
Next due:
Last made up to: 2015-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 33 resigned)

EDWARDS, Lorna
secretary · appointed 2013-12-16
View their other companies + combined net worth →
Active
EDWARDS, Lorna
director · ~42y · appointed 2016-05-11
View their other companies + combined net worth →
Active
DAVIES, Elizabeth Anne
secretary · appointed 2005-01-18 · resigned 2013-12-16
Resigned
LIM, Eileen Frances
secretary · resigned 1995-04-13
Resigned
TURNER, David Paul
secretary · appointed 1996-08-01 · resigned 2005-01-18
Resigned
BRITISH BUS (COMPANY SECRETARIES) LIMITED
corporate-secretary · appointed 1995-04-13 · resigned 1996-08-01
Resigned
BARRACLOUGH, Brian
director · ~71y · appointed 2010-04-07 · resigned 2014-08-06
Resigned
BAYFIELD, Stephen
director · ~72y · appointed 1996-07-01 · resigned 1997-02-28
Resigned
BOWLER, Richard Anthony
director · ~73y · appointed 2004-07-28 · resigned 2015-12-22
Resigned
CARLAW, Kenneth Mcintyre
director · ~64y · appointed 2011-06-30 · resigned 2016-03-31
Resigned
DAVIES, Justin Wyn
director · ~65y · appointed 1995-10-01 · resigned 1996-03-15
Resigned
DAVIES, Justin Wyn
director · ~65y · resigned 1995-04-13
Resigned
DAVIES, Roger Granville
director · ~76y · resigned 1993-09-30
Resigned
FERNS, Stephen John
director · ~73y · appointed 2003-01-10 · resigned 2005-10-31
Resigned
HAWKINS, Kevin Paul
director · ~67y · appointed 1995-10-01 · resigned 2015-09-30
Resigned
JACKSON, Brian Malcolm
director · ~76y · appointed 1997-11-10 · resigned 2000-05-18
Resigned
JOHNSTONE, David Graham
director · ~63y · appointed 2004-10-06 · resigned 2005-04-29
Resigned
JONES, Michael Adrian
director · ~64y · appointed 1996-07-01 · resigned 1997-02-28
Resigned
LAWSON, Beverley Elizabeth
director · ~67y · appointed 1999-12-01 · resigned 2016-05-11
Resigned
LIM, Eileen Frances
director · ~72y · appointed 1997-07-01 · resigned 1999-11-30
Resigned

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

Mortgages & charges

6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
The First National Bank of Boston("the Agent") as Agent and Trustee for Each of the Beneficiaries (As Defined Therein)
Fixed and floating charge1 property15/06/199501/05/1998
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property16/01/198425/04/1995
satisfied
N W S Trust
N W S Trust Limited
Marine mortgage1 property28/05/198228/07/1990
outstanding
North West Securities
North West Securities Limited
Marine mortgage1 property12/08/1981
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property01/07/1981
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property04/06/197925/04/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (181 total)

gazette-dissolved-liquidation
gazette · GAZ2
2017-12-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2017-11-14
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2017-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-03-15
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2017-03-10
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2017-03-10
resolution
resolution · RESOLUTIONS
2017-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2016-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-01
termination-director-company-with-name-termination-date
officers · TM01
2016-05-11
appoint-person-director-company-with-name-date
officers · AP01
2016-05-11
termination-director-company-with-name-termination-date
officers · TM01
2016-05-11
termination-director-company-with-name-termination-date
officers · TM01
2016-03-31
termination-director-company-with-name-termination-date
officers · TM01
2015-12-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-23