INTERCHANGE DISTRIBUTION LIMITED
⚰️Wound downdissolved
01487936 · ltd · incorporated 1980-03-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 45.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
60/100
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 60/100 (worth a look), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 45.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 45.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 7 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
39 connected companies via shared directors
90
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
49
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 (49 events)Click to expand
- 2015-10-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2015-10-27🏁Company dissolved
- 2015-07-14📄gazette-notice-voluntarygazette · GAZ1(A)
- 2015-07-04📄dissolution-application-strike-off-companydissolution · DS01
- 2015-03-13📄legacycapital · SH20
- 2015-03-13📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2015-03-13⚠️legacyinsolvency · CAP-SS
- 2015-03-13📄resolutionresolution · RESOLUTIONS
- 2015-03-05📄memorandum-articlesincorporation · MA
- 2015-03-05📄resolutionresolution · RESOLUTIONS
- 2014-12-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-08-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-08-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-11-01➖ECCLESTON, Paul Andrew resigneddirector
- 2012-11-01📄termination-director-company-with-nameofficers · TM01
- 2012-08-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-12-20📄accounts-with-accounts-type-fullaccounts · AA
- 2011-09-16📄legacymortgage · MG02
- 2011-09-15🔓Charge satisfied #3
- 2011-09-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2010-08-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-23📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-23📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-23📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-23📄change-person-director-company-with-change-dateofficers · CH01
- 2009-08-21➖ARTHUR, Andrew Presowell resigneddirector
- 2009-05-21➖GILPIN, Nigel Peter resignedsecretary
- 2008-10-31🔒Charge registered #3Lender: Barclays Bank PLC
- 2007-08-07➕RIGBY, James Peter appointeddirector
- 2007-08-07➕ECCLESTON, Paul Andrew appointeddirector
- 2007-04-23➕GILPIN, Nigel Peter appointedsecretary
- 2007-04-22➖RIGBY, James Peter resignedsecretary
- 2007-01-08➕RIGBY, James Peter appointedsecretary
- 2006-12-15➖MONKS, Terence John resignedsecretary
- 2004-12-24➕MONKS, Terence John appointedsecretary
- 2004-12-16➖GOSSAGE, Neal Trevor resignedsecretary
- 2004-10-07➕RIGBY, Steven Paul appointeddirector
- 2004-10-07➕ARTHUR, Andrew Presowell appointeddirector
- 2001-12-03➕GOSSAGE, Neal Trevor appointedsecretary
- 2001-10-12➖ROBERTS, Neal Anthony resignedsecretary
- 1997-09-30➖HARVEY-CLEWS, Lynda Beatrice resignedsecretary
- 1997-09-30➕ROBERTS, Neal Anthony appointedsecretary
- 1994-06-10➖ROVENHALL, Terence Edward resigneddirector
- 1984-01-05🔒Charge registered #2Lender: Barclays Bank PLC
- 1980-10-22🔒Charge registered #1Lender: Barclays Bank PLC
- 1980-03-27🏢Company incorporatedAs INTERCHANGE DISTRIBUTION 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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — 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 84 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 46 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-10-27
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-03-13: legacy
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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|---|---|---|---|---|---|---|---|
| AXONAR LTD→ 09523500 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AYANNA LOGISTICS LTD→ 16108834 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BABA JEE POULTRY LIMITED→ 07027115 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BABSCAREUK COMMUNITY INTEREST COMPANY→ 16916760 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BADER 1966 LIMITED→ 08915157 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| BAGGIES MANAGEMENT LTD→ 10142295 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BALANCE OF POWER TRADING LIMITED→ 10483231 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BALL MILL SAND AND GRAVEL COMPANY LIMITED→ 00470280 · est 1949 · no financials extracted | — | — | — | — | 76y | — | — |
| BALUSTRADE GLASS LIMITED→ 08933440 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| BANKS FUNERAL SERVICE LIMITED→ 01152336 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| BARNARD PAYNE CONSULTING LIMITED→ 06541607 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BARTF PRODUCTIONS→ 05516016 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1980-03-27
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
James House
Warwick Road
Birmingham
B11 2LE
Filing status
Accounts
Next due: —
Last made up to: 2014-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
RIGBY, James Peter→
Activedirector · ~55y · appointed 2007-08-07
View their other companies + combined net worth →
Active
Active
RIGBY, Steven Paul→
Activedirector · ~54y · appointed 2004-10-07
View their other companies + combined net worth →
GILPIN, Nigel Peter→
Resignedsecretary · appointed 2007-04-23 · resigned 2009-05-21
GOSSAGE, Neal Trevor→
Resignedsecretary · appointed 2001-12-03 · resigned 2004-12-16
HARVEY-CLEWS, Lynda Beatrice→
Resignedsecretary · resigned 1997-09-30
MONKS, Terence John→
Resignedsecretary · appointed 2004-12-24 · resigned 2006-12-15
RIGBY, James Peter→
Resignedsecretary · appointed 2007-01-08 · resigned 2007-04-22
ROBERTS, Neal Anthony→
Resignedsecretary · appointed 1997-09-30 · resigned 2001-10-12
ARTHUR, Andrew Presowell→
Resigneddirector · ~66y · appointed 2004-10-07 · resigned 2009-08-21
ECCLESTON, Paul Andrew→
Resigneddirector · ~65y · appointed 2007-08-07 · resigned 2012-11-01
ROVENHALL, Terence Edward→
Resigneddirector · ~87y · resigned 1994-06-10
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 31/10/2008 | 15/09/2011 | |
| outstanding | Barclays Barclays Bank PLC | Further guarantee & debenture | 1 property | 05/01/1984 | — | |
| outstanding | Barclays Barclays Bank PLC | Guarntee & debenture | 1 property | 22/10/1980 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (113 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-10-27
gazette-notice-voluntary
gazette · GAZ1(A)
2015-07-14
dissolution-application-strike-off-company
dissolution · DS01
2015-07-04
legacy
capital · SH20
2015-03-13
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2015-03-13
legacy
insolvency · CAP-SS
2015-03-13
resolution
resolution · RESOLUTIONS
2015-03-13
memorandum-articles
incorporation · MA
2015-03-05
resolution
resolution · RESOLUTIONS
2015-03-05
accounts-with-accounts-type-dormant
accounts · AA
2014-12-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-18
accounts-with-accounts-type-dormant
accounts · AA
2013-12-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-13
accounts-with-accounts-type-dormant
accounts · AA
2013-01-23
termination-director-company-with-name
officers · TM01
2012-11-01