FAIRNE TEXTILE HOLDINGS LIMITED

⚰️Wound downdissolved
01190227 · ltd · incorporated 1974-11-12
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
55/100
Worth a look
🔔
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 52/100. Strong seller-intent signal (78/100, director aged 72). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 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 · 3 lenders · oldest 43.4y

35/100
too messy

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

  • · Oldest live charge is 43.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (52/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
16 connected companies via shared directors
90
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
46
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
  1. 2012-06-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-06-05
    🏁
    Company dissolved
  3. 2012-02-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-02-08
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-01-23
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  6. 2012-01-23
    📄
    legacy
    capital · SH20
  7. 2012-01-23
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2012-01-23
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2011-12-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2011-04-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2010-11-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2010-04-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2009-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2009-04-07
    📄
    legacy
    annual-return · 363a
  15. 2009-01-12
    📄
    accounts-with-made-up-date
    accounts · AA
  16. 2008-04-10
    📄
    legacy
    annual-return · 363a
  17. 2008-04-02
    📄
    legacy
    officers · 288b
  18. 2008-04-02
    📄
    legacy
    officers · 288a
  19. 2008-01-29
    SCOTT, Ian Bennett appointed
    secretary
  20. 2008-01-29
    BOOTH, Ian Martyn resigned
    secretary
  21. 2007-11-19
    📄
    accounts-with-made-up-date
    accounts · AA
  22. 2007-05-08
    📄
    legacy
    annual-return · 363s
  23. 2007-01-21
    📄
    accounts-with-made-up-date
    accounts · AA
  24. 2006-05-02
    📄
    legacy
    annual-return · 363s
  25. 2006-01-19
    📄
    accounts-with-made-up-date
    accounts · AA
  26. 2005-04-11
    📄
    legacy
    annual-return · 363s
  27. 2005-01-06
    📄
    accounts-with-made-up-date
    accounts · AA
  28. 2004-04-16
    📄
    legacy
    annual-return · 363s
  29. 2003-02-28
    HAZELL, Timothy Robert Anthony appointed
    director
  30. 2003-02-28
    HALLETT, Gregory James resigned
    director
  31. 2001-04-03
    COLLINGS, Peter Glydon resigned
    director
  32. 2001-04-03
    HALLETT, Gregory James appointed
    director
  33. 1999-04-03
    BOOTH, Ian Martyn appointed
    director
  34. 1999-04-03
    BOOTH, Ian Martyn appointed
    secretary
  35. 1999-04-03
    SWAINBANK, Terence resigned
    secretary
  36. 1999-04-03
    SWAINBANK, Terence resigned
    director
  37. 1991-06-14
    🔒
    Charge registered #7
    Lender: Barclays Bank PLC
  38. 1987-04-30
    🔒
    Charge registered #6
    Lender: West Midlands Enterprise Board (Investments) Limited
  39. 1986-10-21
    🔓
    Charge satisfied #4
  40. 1986-08-15
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  41. 1986-04-15
    🔒
    Charge registered #4
    Lender: West Midlands Enterprise Board (Investments) Limited
  42. 1983-06-07
    🔒
    Charge registered #2
    Lender: West Midlands Enterprise Board (Investments) Limited
  43. 1983-04-19
    🔒
    Charge registered #3
    Lender: West Midlands Enterprise Board (Investments) Limited
  44. 1983-02-01
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  45. 1974-11-12
    🏢
    Company incorporated
    As FAIRNE TEXTILE HOLDINGS LIMITED

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • 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 low
Company dissolved
high

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

Evidence: Dissolved on 2012-06-05

1 insolvency-related filing on record
high

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

Evidence: 2012-01-23: legacy

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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
Incorporated1974-11-12
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499

Registered office

31-34 Waterloo Street
Birmingham
B2 5TJ

Filing status

Accounts
Next due:
Last made up to: 2011-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

SCOTT, Ian Bennett
secretary · appointed 2008-01-29
View their other companies + combined net worth →
Active
BOOTH, Ian Martyn
director · ~72y · appointed 1999-04-03
View their other companies + combined net worth →
Active
HAZELL, Timothy Robert Anthony
director · ~64y · appointed 2003-02-28
View their other companies + combined net worth →
Active
BOOTH, Ian Martyn
secretary · appointed 1999-04-03 · resigned 2008-01-29
Resigned
SWAINBANK, Terence
secretary · resigned 1999-04-03
Resigned
COLLINGS, Peter Glydon
director · ~84y · resigned 2001-04-03
Resigned
HALLETT, Gregory James
director · ~64y · appointed 2001-04-03 · resigned 2003-02-28
Resigned
SWAINBANK, Terence
director · ~77y · resigned 1999-04-03
Resigned

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

Mortgages & charges

7
Total charges
6
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property14/06/1991
outstanding
West Midlands Enterprise Board (Investments)
West Midlands Enterprise Board (Investments) Limited
Deed of charge1 property30/04/1987
outstanding
Barclays
Barclays Bank PLC
Debenture1 property15/08/1986
satisfied
West Midlands Enterprise Board (Investments)
West Midlands Enterprise Board (Investments) Limited
Deed of agreement1 property15/04/198621/10/1986
outstanding
West Midlands Enterprise Board (Investments)
West Midlands Enterprise Board (Investments) Limited
Guarantee & debenture1 property07/06/1983
outstanding
West Midlands Enterprise Board (Investments)
West Midlands Enterprise Board (Investments) Limited
Deed1 property19/04/1983
outstanding
Midland Bank
Midland Bank PLC
Charge1 property01/02/1983
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (86 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-06-05
gazette-notice-voluntary
gazette · GAZ1(A)
2012-02-21
dissolution-application-strike-off-company
dissolution · DS01
2012-02-08
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2012-01-23
legacy
capital · SH20
2012-01-23
legacy
insolvency · CAP-SS
2012-01-23
resolution
resolution · RESOLUTIONS
2012-01-23
accounts-with-accounts-type-dormant
accounts · AA
2011-12-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-04-05
accounts-with-accounts-type-full
accounts · AA
2010-11-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-04-06
accounts-with-accounts-type-dormant
accounts · AA
2009-12-21
legacy
annual-return · 363a
2009-04-07
accounts-with-made-up-date
accounts · AA
2009-01-12
legacy
annual-return · 363a
2008-04-10