STERLING PROCESS ENGINEERING LIMITED
⚰️Wound downdissolved
01554624 · ltd · incorporated 1981-04-03
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 40.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
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 62/100 (worth a look), bankability 80/100. Strong seller-intent signal (88/100, director aged 75). 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
5 live charges · oldest 40.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 40.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: low (51/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
59
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 (45 events)Click to expand
- 2013-02-26📄gazette-dissolved-compulsorygazette · GAZ2
- 2013-02-26🏁Company dissolved
- 2012-11-13📄gazette-notice-compulsorygazette · GAZ1
- 2010-09-23📄restoration-order-of-courtrestoration · AC92
- 2008-02-26📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2007-11-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2007-09-30📄legacydissolution · 652a
- 2007-09-23📄accounts-with-made-up-dateaccounts · AA
- 2007-07-20📄legacyannual-return · 363a
- 2006-11-13📄accounts-with-made-up-dateaccounts · AA
- 2006-07-25📄legacyannual-return · 363a
- 2006-01-13📍legacyaddress · 287
- 2005-07-22📄legacyannual-return · 363s
- 2005-07-22📄legacyannual-return · 363(288)
- 2005-06-17📄accounts-with-made-up-dateaccounts · AA
- 2004-08-20📄accounts-with-made-up-dateaccounts · AA
- 2004-07-23📄legacyannual-return · 363s
- 2003-08-06📄accounts-with-made-up-dateaccounts · AA
- 2003-08-06📄legacyannual-return · 363s
- 2002-10-06📍legacyaddress · 287
- 2002-07-26📄accounts-with-made-up-dateaccounts · AA
- 2002-07-26📄legacyannual-return · 363s
- 2002-04-04➕WYATT, William Penfold appointeddirector
- 2002-04-04➖DIGGINS, David Reginald resigneddirector
- 2002-04-04📄legacyofficers · 288a
- 2002-04-04📄legacyofficers · 288b
- 2001-08-02📄accounts-with-made-up-dateaccounts · AA
- 2001-08-02📄legacyannual-return · 363s
- 1995-01-24🔓Charge satisfied #5
- 1995-01-24🔓Charge satisfied #4
- 1995-01-24🔓Charge satisfied #3
- 1995-01-24🔓Charge satisfied #2
- 1995-01-24🔓Charge satisfied #1
- 1994-12-21➕BLUNN, David Howard appointedsecretary
- 1994-12-21➕BLUNN, David Howard appointeddirector
- 1994-12-21➖VINEY, John Edward resignedsecretary
- 1994-12-21➕DIGGINS, David Reginald appointeddirector
- 1994-12-21➖VINEY, John Edward resigneddirector
- 1994-12-21➖YOUNG, Alan Harold resigneddirector
- 1993-10-07🔒Charge registered #5Lender: National Westminster Bank PLC
- 1987-12-02🔒Charge registered #4Lender: National Westminster Bank PLC
- 1987-08-27🔒Charge registered #3Lender: National Westminster Bank PLC
- 1987-04-23🔒Charge registered #2Lender: National Westminster Bank PLC
- 1986-05-12🔒Charge registered #1Lender: National Westminster Bank PLC
- 1981-04-03🏢Company incorporatedAs STERLING PROCESS ENGINEERING LIMITED
Owner dependency
83/100
Critical — business is the founderThe 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 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
96/100
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 75 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 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 45 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-02-26
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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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| ABEL & GRAHAM COMMUNICATIONS LTD→ 12351613 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AC OFFSHORE ENGINEERING LIMITED→ 10944945 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACCESS LIFTING PULLING & SAFETY LIMITED→ 05457405 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ACCOUNTING ADVICE SERVICES LIMITED→ 09813599 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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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
Incorporated1981-04-03
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499
Registered office
Suite D2, Brunel House
Houndstone Business Park
Yeovil
Somerset
BA22 8RT
Filing status
Accounts
Next due: —
Last made up to: 2007-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
BLUNN, David Howard→
Activesecretary · appointed 1994-12-21
View their other companies + combined net worth →
BLUNN, David Howard→
Activedirector · ~75y · appointed 1994-12-21
View their other companies + combined net worth →
WYATT, William Penfold→
Activedirector · ~58y · appointed 2002-04-04
View their other companies + combined net worth →
VINEY, John Edward→
Resignedsecretary · resigned 1994-12-21
DIGGINS, David Reginald→
Resigneddirector · ~78y · appointed 1994-12-21 · resigned 2002-04-04
VINEY, John Edward→
Resigneddirector · ~89y · resigned 1994-12-21
YOUNG, Alan Harold→
Resigneddirector · ~88y · resigned 1994-12-21
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over credit balances | 1 property | 07/10/1993 | 24/01/1995 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over credit balance | 1 property | 02/12/1987 | 24/01/1995 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 27/08/1987 | 24/01/1995 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over credit balance | 1 property | 23/04/1987 | 24/01/1995 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 12/05/1986 | 24/01/1995 |
Recent filings (77 total)
gazette-dissolved-compulsory
gazette · GAZ2
2013-02-26
gazette-notice-compulsory
gazette · GAZ1
2012-11-13
restoration-order-of-court
restoration · AC92
2010-09-23
gazette-dissolved-voluntary
gazette · GAZ2(A)
2008-02-26
gazette-notice-voluntary
gazette · GAZ1(A)
2007-11-13
legacy
dissolution · 652a
2007-09-30
accounts-with-made-up-date
accounts · AA
2007-09-23
legacy
annual-return · 363a
2007-07-20
accounts-with-made-up-date
accounts · AA
2006-11-13
legacy
annual-return · 363a
2006-07-25
legacy
address · 287
2006-01-13
legacy
annual-return · 363s
2005-07-22
legacy
annual-return · 363(288)
2005-07-22
accounts-with-made-up-date
accounts · AA
2005-06-17
accounts-with-made-up-date
accounts · AA
2004-08-20