01592097 LIMITED

⚰️Wound downliquidation
01592097 · ltd · incorporated 1981-10-19
Investment thesis
Company liquidation — 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 43.9y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
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What this business does
Primary activity: SIC 9305
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (78/100, director aged 83). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 43.9y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 43.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (46/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
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 (31 events)Click to expand
  1. 2014-11-11
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2014-11-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2008-02-05
    ⚠️
    legacy
    insolvency · LIQ
  4. 2007-11-05
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  5. 2007-11-05
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  6. 2007-08-18
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  7. 2007-02-21
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  8. 2006-08-14
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  9. 2006-02-14
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  10. 2005-08-11
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  11. 2004-08-13
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2004-08-13
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  13. 2004-08-12
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · 4.20
  14. 2004-07-23
    📍
    legacy
    address · 287
  15. 2004-01-25
    📄
    legacy
    officers · 288a
  16. 2004-01-25
    📄
    legacy
    officers · 288b
  17. 2004-01-15
    MONTGOMERY, Roger appointed
    secretary
  18. 2004-01-15
    MONTGOMERY, Margaret Jean resigned
    secretary
  19. 2004-01-15
    MONTGOMERY, Margaret Jean resigned
    director
  20. 2003-10-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2003-10-02
    📄
    legacy
    annual-return · 363s
  22. 2002-10-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2002-08-18
    📄
    legacy
    annual-return · 363s
  24. 2002-06-13
    📍
    legacy
    address · 287
  25. 2001-10-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2001-08-31
    📄
    legacy
    annual-return · 363s
  27. 2000-10-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2000-08-03
    📄
    legacy
    annual-return · 363s
  29. 1995-01-01
    HARRIS, Kenneth Edward appointed
    director
  30. 1982-06-03
    🔒
    Charge registered #1
    Lender: Barclays Bank LTD
  31. 1981-10-19
    🏢
    Company incorporated
    As 01592097 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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

91/100
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 83 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.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2004-10-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-08-11

Company in liquidation
high

Company is actively being wound up. Not a going concern.

10 insolvency-related filings on record
high

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

Evidence: 2008-02-05: legacy; 2007-11-05: liquidation-voluntary-statement-of-receipts-and-payments

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

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Available from the Pro tier upwards.

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Company details

Statusliquidation
Typeltd
Incorporated1981-10-19
Jurisdictionengland-wales
Primary SIC9305 — SIC 9305

Registered office

Regent House
Bath Avenue
Wolverhampton
WV1 4EG

Filing status

Accounts
Next due: 2004-10-31OVERDUE
Last made up to: 2002-12-31
Confirmation statement
Next due: 2016-08-11OVERDUE
Last:

Officers (3 active · 2 resigned)

MONTGOMERY, Roger
secretary · appointed 2004-01-15
View their other companies + combined net worth →
Active
HARRIS, Kenneth Edward
director · ~83y · appointed 1995-01-01
View their other companies + combined net worth →
Active
MONTGOMERY, Roger
director · ~83y
View their other companies + combined net worth →
Active
MONTGOMERY, Margaret Jean
secretary · resigned 2004-01-15
Resigned
MONTGOMERY, Margaret Jean
director · ~92y · resigned 2004-01-15
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank LTD
Debenture1 property03/06/1982
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

restoration-order-of-court
restoration · AC92
2014-11-11
certificate-change-of-name-company
change-of-name · CERTNM
2014-11-11
legacy
insolvency · LIQ
2008-02-05
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2007-11-05
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2007-11-05
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2007-08-18
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2007-02-21
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2006-08-14
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2006-02-14
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2005-08-11
resolution
resolution · RESOLUTIONS
2004-08-13
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2004-08-13
liquidation-voluntary-statement-of-affairs
insolvency · 4.20
2004-08-12
legacy
address · 287
2004-07-23
legacy
officers · 288a
2004-01-25