ADVANCE DORMANT NO. 1 LIMITED
⚰️Wound downdissolved
01526165 · ltd · incorporated 1980-11-03
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
59/100
Worth a look
What this business does
Primary activity: SIC 3002
Sector: Manufacturing
ALSO REGISTERED FOR
- 3110SIC 3110
- 3162SIC 3162
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 52/100. Strong seller-intent signal (65/100, director aged 64). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
12 live charges · 9 lenders · oldest 61.6y
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 61.6 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (50/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
32 officers (3 active, 32 linked, 27 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
168 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
56
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 (96 events)Click to expand
- 2010-05-11📄gazette-dissolved-compulsorygazette · GAZ2
- 2010-05-11🏁Company dissolved
- 2010-01-26📄gazette-notice-compulsorygazette · GAZ1
- 2009-07-15📄legacyannual-return · 363a
- 2009-07-15📄legacyofficers · 288c
- 2009-01-26📄accounts-with-made-up-dateaccounts · AA
- 2008-11-06📄legacyannual-return · 363a
- 2008-10-22📄auditors-resignation-companyauditors · AUD
- 2007-11-01📄accounts-with-made-up-dateaccounts · AA
- 2007-09-19📄legacyannual-return · 363a
- 2007-06-11📄legacyofficers · 288a
- 2007-06-11📄legacyofficers · 288b
- 2007-03-16➕WEXLER, Peter appointeddirector
- 2007-03-16➖GIGUERE, Jeffrey Joseph resigneddirector
- 2006-11-05📄accounts-with-made-up-dateaccounts · AA
- 2006-08-08📄legacyannual-return · 363a
- 2006-08-08📄legacyofficers · 288c
- 2006-02-28📄accounts-with-made-up-dateaccounts · AA
- 2005-10-31📄resolutionresolution · RESOLUTIONS
- 2005-10-17📄legacyaccounts · 244
- 2005-08-25📄legacyannual-return · 363a
- 2005-08-24📄legacyofficers · 288b
- 2005-05-17➖MUIR, Donald Michael resigneddirector
- 2004-11-18📄accounts-with-accounts-type-smallaccounts · AA
- 2004-11-02📄legacyaccounts · 244
- 2004-07-07📄legacyannual-return · 363a
- 2003-11-03📄accounts-with-accounts-type-fullaccounts · AA
- 2003-08-12📄legacyannual-return · 363a
- 2003-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2000-04-19🔓Charge satisfied #12
- 2000-04-16➕ABOGADO NOMINEES LIMITED appointedcorporate-nominee-secretary
- 2000-04-16➕RICCI, Michael John appointeddirector
- 2000-04-16➖LEIGHTON, Iain Gordon Kerr resignedsecretary
- 2000-04-16➖BELISARIO, Anthony Alfredo resigneddirector
- 2000-04-16➖COLLYER, Stephen Dennis resigneddirector
- 2000-04-16➖DOWDING, Keith Stuart resigneddirector
- 2000-04-16➕GIGUERE, Jeffrey Joseph appointeddirector
- 2000-04-16➖LEIGHTON, Iain Gordon Kerr resigneddirector
- 2000-04-16➕MUIR, Donald Michael appointeddirector
- 1999-02-09➕COLLYER, Stephen Dennis appointeddirector
- 1999-02-09➕LEIGHTON, Iain Gordon Kerr appointeddirector
- 1998-11-19➖ATKINSON, Richard resignedsecretary
- 1998-11-19➕LEIGHTON, Iain Gordon Kerr appointedsecretary
- 1998-07-21➕ATKINSON, Richard appointedsecretary
- 1998-07-21➖PINSENT MASONS SECRETARIAL LIMITED resignedcorporate-secretary
- 1998-05-21➕DOWDING, Keith Stuart appointeddirector
- 1997-07-11➖MCKENZIE, Ian Munro resigneddirector
- 1997-06-30➖WARD, Peter Douglas resigneddirector
- 1997-05-08➖BROWN, Charles resigneddirector
- 1996-09-02➖WALKER, Christopher John resigneddirector
Showing most recent 50 of 96 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 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
86/100
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.
- primary20+ year tenure: Director in role 26 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
1 high · 1 med · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-05-11
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily 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 →Similar companies
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| ADTEC HEALTHCARE LIMITED→ 14320008 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCED BOAT BOOKING AND MORE LTD→ 12942371 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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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
Incorporated1980-11-03
Jurisdictionengland-wales
Primary SIC3002 — SIC 3002
Registered office
100 New Bridge Street
London
EC4V 6JA
Filing status
Accounts
Next due: —
Last made up to: 2007-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 29 resigned)
ABOGADO NOMINEES LIMITED→
Activecorporate-nominee-secretary · appointed 2000-04-16
View their other companies + combined net worth →
RICCI, Michael John→
Activedirector · ~64y · appointed 2000-04-16
View their other companies + combined net worth →
WEXLER, Peter→
Activedirector · ~59y · appointed 2007-03-16
View their other companies + combined net worth →
ATKINSON, Richard→
Resignedsecretary · appointed 1998-07-21 · resigned 1998-11-19
LEIGHTON, Iain Gordon Kerr→
Resignedsecretary · appointed 1998-11-19 · resigned 2000-04-16
LINTOTT, Sheila Margaret→
Resignedsecretary · resigned 1995-03-31
PINSENT MASONS SECRETARIAL LIMITED→
Resignedcorporate-secretary · resigned 1998-07-21
AUSTIN, Carey Jean Julian→
Resigneddirector · ~74y · resigned 1993-01-31
BELISARIO, Anthony Alfredo→
Resigneddirector · ~76y · appointed 1996-07-16 · resigned 2000-04-16
BROWN, Charles→
Resigneddirector · ~81y · appointed 1995-03-31 · resigned 1997-05-08
BROWN, Charles→
Resigneddirector · ~81y · appointed 1993-01-31 · resigned 1995-03-28
CLIFFORD, Brian Graham→
Resigneddirector · ~76y · resigned 1993-01-31
COLLYER, Stephen Dennis→
Resigneddirector · ~70y · appointed 1999-02-09 · resigned 2000-04-16
DOWDING, Keith Stuart→
Resigneddirector · ~75y · appointed 1998-05-21 · resigned 2000-04-16
FAIRLAMB, David Andrew→
Resigneddirector · ~80y · appointed 1993-02-25 · resigned 1996-07-12
FISHER, Andrew Charles→
Resigneddirector · ~68y · appointed 1995-03-28 · resigned 1995-03-31
GIGUERE, Jeffrey Joseph→
Resigneddirector · ~66y · appointed 2000-04-16 · resigned 2007-03-16
HALL, Eric→
Resigneddirector · ~94y · resigned 1994-06-17
HUCK, Ernest Francis→
Resigneddirector · ~82y · appointed 1995-03-31 · resigned 1996-07-12
HUCK, Ernest Francis→
Resigneddirector · ~82y · appointed 1993-01-31 · resigned 1995-03-28
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
9
Outstanding
4
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC(As Agent and Trustee for Itself and Each of the Lendors. | Guarantee and debenture | 1 property | 21/04/1995 | 19/04/2000 | |
| satisfied | Investors in Industry Investors in Industry PLC | Mortgage | 1 property | 20/11/1985 | 12/04/1995 | |
| satisfied | Barclays Barclays Bank PLC | Further guarantee & debenture | 1 property | 12/05/1983 | 17/03/1992 | |
| outstanding | Technical Development Capital Technical Development Capital Limited | Supplemental legal charge | 1 property | 06/04/1983 | — | |
| outstanding | Barclays Barclays Merchant Bank LTD | Guarantee & debenture | 1 property | 16/06/1982 | — | |
| outstanding | Technical Development Capital Technical Development Capital Limited | Debenture | 1 property | 16/06/1982 | — | |
| outstanding | Barclays Barclays Merchant Bank Limited | Debenture & guarantee | 1 property | 18/12/1980 | — | |
| outstanding | Technical Development Capital Technical Development Capital LTD | Debenture | 1 property | 18/12/1980 | — | |
| outstanding | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 18/12/1980 | — | |
| outstanding | Technical Development Capital . Technical Development Capital Limited. | Collateral debenture | 1 property | 18/12/1980 | — | |
| outstanding | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 18/12/1980 | — | |
| outstanding | Caledonian Insurance Co, Caledonian Insurance Co, LTD | Mortgage | 1 property | 22/10/1964 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (168 total)
gazette-dissolved-compulsory
gazette · GAZ2
2010-05-11
gazette-notice-compulsory
gazette · GAZ1
2010-01-26
legacy
annual-return · 363a
2009-07-15
legacy
officers · 288c
2009-07-15
accounts-with-made-up-date
accounts · AA
2009-01-26
legacy
annual-return · 363a
2008-11-06
auditors-resignation-company
auditors · AUD
2008-10-22
accounts-with-made-up-date
accounts · AA
2007-11-01
legacy
annual-return · 363a
2007-09-19
legacy
officers · 288a
2007-06-11
legacy
officers · 288b
2007-06-11
accounts-with-made-up-date
accounts · AA
2006-11-05
legacy
annual-return · 363a
2006-08-08
legacy
officers · 288c
2006-08-08
accounts-with-made-up-date
accounts · AA
2006-02-28