ALLCORD LIMITED

⚰️Wound downdissolved
01522383 · ltd · incorporated 1980-10-15
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
—
year to Mar 2020
Net worth
£-778.4k
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -80% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 10.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
112 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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £778,362
Cash draining
Cash down 80% YoY
Cash YoY
-80%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↓ 80% YoY
Net Worth
-£778k
↓ 1.8% YoY
Current Assets
£13k
↓ 70% YoY
Current Liabilities
—
-£778k-£614k-£450k-£285k-£121k£43kMar 2019Mar 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2020-03-312019-03-31
Total assets£-778.4k£-764.4k
Current assets£13.0k£43.1k
Cash£5.7k£28.2k
Debtors£7.2k£14.9k
Net assets£-778.4k£-764.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (39 events)Click to expand
  1. 2021-05-25
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2021-05-25
    🏁
    Company dissolved
  3. 2021-04-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2021-03-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  5. 2021-02-25
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2019-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-12-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2019-12-11
    🔓
    Charge satisfied #1
  9. 2018-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-05-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2016-04-29
    🔒
    Charge registered #1
    Lender: Lloyds Bank Commercial Finance Limited
  14. 2015-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2015-09-25
    ➖
    SKED, Iain resigned
    director
  17. 2015-08-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-01-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2014-08-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2014-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2014-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2014-08-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2014-08-01
    ➕
    WARDLAW, John Robert appointed
    director
  24. 2014-08-01
    ➕
    SKED, Iain appointed
    director
  25. 2014-07-31
    ➖
    MACKENZIE, Kieron resigned
    director
  26. 2014-01-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  27. 2013-09-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  28. 2013-04-01
    ➕
    SIMPSON, Barry Paul appointed
    secretary
  29. 2013-04-01
    ➕
    SIMPSON, Barry Paul appointed
    director
  30. 2013-03-31
    ➖
    STEWART, John resigned
    secretary
  31. 2013-03-31
    ➖
    STEWART, John resigned
    director
  32. 2012-06-29
    ➕
    STEWART, Hugh appointed
    director
  33. 2012-06-29
    ➖
    BIRKMYRE, Alan Henry resigned
    secretary
  34. 2012-06-29
    ➕
    STEWART, John appointed
    secretary
  35. 2012-06-29
    ➖
    BIRKMYRE, Alan Henry resigned
    director
  36. 2012-06-29
    ➕
    STEWART, John appointed
    director
  37. 2012-06-29
    ➖
    WESTLAND, Colin resigned
    director
  38. 2010-08-18
    ➕
    MACKENZIE, Kieron appointed
    director
  39. 1980-10-15
    🏢
    Company incorporated
    As ALLCORD LIMITED

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 14 years.
  • 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2021-05-25

Group structure

Wb Newco 52 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wb Newco 52 Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ALLCORD LIMITED
This company · 01522383

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
Wb Newco 52 Limited
Corporate entity
75–100%
—75-100% shares06/04/2016

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

Active · Wholesale & distribution · LS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.M.LAVERTY & CO.,LIMITED→
00616827 · est 1958 · no financials extracted
————67y——
AKW TRADING LTD→
16750337 · est 2025 · no financials extracted
———————
ALAYANCE LTD→
16115798 · est 2024 · no financials extracted
————1y——
ALGOUNICO LTD→
15117027 · est 2023 · no financials extracted
————2y——
ALISONS GROUP LIMITED→
16858979 · est 2025 · no financials extracted
———————
ALSA GROUP LIMITED→
10640866 · est 2017 · no financials extracted
————9y——
ANSAR AHMED LIMITED→
15996469 · est 2024 · no financials extracted
————1y——
ARAPIUNS LTD→
14813721 · est 2023 · no financials extracted
————2y——
ARIANNORTH LTD→
13204111 · est 2021 · no financials extracted
————5y——
ARISTOCRAT LDN LTD→
16406966 · est 2025 · no financials extracted
———————
AROMAS WHOLESALE LTD→
05503618 · est 2005 · no financials extracted
————20y——
ARTEXWORLD LIMITED→
04808914 · est 2003 · no financials extracted
————22y——
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
Incorporated1980-10-15
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

1 Park Row
Leeds
West Yorkshire
LS1 5AB

Filing status

Accounts
Next due: —
Last made up to: 2020-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 7 resigned)

SIMPSON, Barry Paul→
secretary · appointed 2013-04-01
View their other companies + combined net worth →
Active
SIMPSON, Barry Paul→
director · ~50y · appointed 2013-04-01
View their other companies + combined net worth →
Active
STEWART, Hugh→
director · ~69y · appointed 2012-06-29
View their other companies + combined net worth →
Active
WARDLAW, John Robert→
director · ~62y · appointed 2014-08-01
View their other companies + combined net worth →
Active
BIRKMYRE, Alan Henry→
secretary · resigned 2012-06-29
Resigned
STEWART, John→
secretary · appointed 2012-06-29 · resigned 2013-03-31
Resigned
BIRKMYRE, Alan Henry→
director · ~79y · resigned 2012-06-29
Resigned
MACKENZIE, Kieron→
director · ~66y · appointed 2010-08-18 · resigned 2014-07-31
Resigned
SKED, Iain→
director · ~54y · appointed 2014-08-01 · resigned 2015-09-25
Resigned
STEWART, John→
director · ~39y · appointed 2012-06-29 · resigned 2013-03-31
Resigned
WESTLAND, Colin→
director · ~74y · resigned 2012-06-29
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge—29/04/201611/12/2019

Recent filings (112 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-05-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-12
gazette-notice-voluntary
gazette · GAZ1(A)
2021-03-09
dissolution-application-strike-off-company
dissolution · DS01
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2019-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-08-21
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2016-09-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2016-05-10