PREFERRED ASSURANCE COMPANY LIMITED
⚰️Wound downdissolved
01611863 · ltd · incorporated 1982-02-05
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
63/100
Worth a look
What this business does
Primary activity: SIC 6603
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 69). 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: strategic trade sale (73/100).
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
Confirmed no charges registered
85
Directors & officers
43 officers (3 active, 43 linked, 35 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 connected companies via shared directors
90
Filing history
202 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
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (103 events)Click to expand
- 2010-05-04📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-05-04🏁Company dissolved
- 2010-01-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-01-05📄dissolution-application-strike-off-companydissolution · DS01
- 2009-06-10📄legacyofficers · 288a
- 2009-06-08📄legacyofficers · 288b
- 2009-06-02📄legacyannual-return · 363a
- 2009-05-29➖PORTER, Margaret Ann resignedsecretary
- 2009-05-29➖PORTER, Margaret Ann resigneddirector
- 2009-05-26➕STEVENS, Lindsey Anne appointeddirector
- 2009-05-26📄legacyofficers · 288a
- 2009-05-21📄accounts-with-made-up-dateaccounts · AA
- 2009-05-15➕STEVENS, Lindsey Anne appointedsecretary
- 2008-10-08📄accounts-with-accounts-type-fullaccounts · AA
- 2008-05-19📄legacyannual-return · 363a
- 2007-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2007-10-03📄legacyofficers · 288b
- 2007-09-28➖WORTHINGTON, Paul Frank resignedsecretary
- 2007-09-28➖WORTHINGTON, Paul Frank resigneddirector
- 2007-09-27📄legacyofficers · 288a
- 2007-09-12➕PORTER, Margaret Ann appointeddirector
- 2007-06-07📄legacyannual-return · 363a
- 2007-05-01📄legacyofficers · 288a
- 2007-04-23📄legacyofficers · 288b
- 2007-03-31➖JAMES, Penelope Jane resigneddirector
- 2007-03-28➕GRANT, Timothy James appointeddirector
- 2007-01-24📄legacyofficers · 288b
- 2006-12-31➖THOMPSON, Andrew James resigneddirector
- 2006-12-13📄legacyofficers · 288c
- 2006-12-11📄legacyofficers · 288c
- 2006-12-11📄legacyofficers · 288c
- 2006-10-31📄legacyofficers · 288a
- 2006-10-06📄legacyofficers · 288c
- 2006-09-19➕PORTER, Margaret Ann appointedsecretary
- 2006-07-26📄accounts-with-accounts-type-fullaccounts · AA
- 2006-07-12📄legacyofficers · 288b
- 2006-07-12📄legacyofficers · 288b
- 2006-06-06➖CHESSHER, Mark Christopher resigneddirector
- 2006-06-06➖GILBERT, Malcolm Derek Edward resigneddirector
- 2006-06-06➖STUART, Ian Charles Robert resigneddirector
- 2006-06-06➕WORTHINGTON, Paul Frank appointeddirector
- 2006-01-24➕GILBERT, Malcolm Derek Edward appointeddirector
- 2005-08-07➖ATKINSON, Joanne Claire resignedsecretary
- 2004-11-05➖BASKERVILLE, Adrian Hamilton resigneddirector
- 2004-10-11➕STUART, Ian Charles Robert appointeddirector
- 2004-10-11➕THOMPSON, Andrew James appointeddirector
- 2004-08-02➕WORTHINGTON, Paul Frank appointedsecretary
- 2004-03-01➕JAMES, Penelope Jane appointeddirector
- 2004-03-01➖NICHOLAS, John Stuart resigneddirector
- 2003-03-31➕ATKINSON, Joanne Claire appointedsecretary
Showing most recent 50 of 103 events
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 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
79/100
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 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 44 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-05-04
🔒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 · Financial services · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALTUNATMAZ JEWELLERY LIMITED→ 16692749 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMORE MORTGAGES LIMITED→ 16866958 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANNA MARRUFO MORTGAGES LIMITED→ 10833410 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APIS (PECKHAM) LIMITED→ 13280328 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARGENTIS FINANCIAL PLANNING LTD→ 06744013 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ARGENTIS WEALTH MANAGEMENT LTD→ 04214267 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ARMY DEPENDANTS ASSURANCE TRUST LIMITED→ 01133917 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ARTHUR WHEELER FINANCIAL SERVICES LTD→ 14619326 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ASHRIDGE FINANCE LIMITED→ 09572922 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ASSURED INDEPENDENT FINANCIAL SERVICES LIMITED→ 06873356 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ASTREA LIMITED→ 02504438 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ASTUTE MORTGAGES LTD→ 12727722 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1982-02-05
Jurisdictionengland-wales
Primary SIC6603 — SIC 6603
Registered office
The Zurich Centre
3000 Parkway, Whiteley
Fareham
Hampshire
PO15 7JZ
Filing status
Accounts
Next due: —
Last made up to: 2008-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 40 resigned)
STEVENS, Lindsey Anne→
Activesecretary · appointed 2009-05-15
View their other companies + combined net worth →
GRANT, Timothy James→
Activedirector · ~62y · appointed 2007-03-28
View their other companies + combined net worth →
STEVENS, Lindsey Anne→
Activedirector · ~69y · appointed 2009-05-26
View their other companies + combined net worth →
ATKINSON, Joanne Claire→
Resignedsecretary · appointed 2003-03-31 · resigned 2005-08-07
CHANDLER, Michael John→
Resignedsecretary · appointed 1999-05-31 · resigned 2003-03-31
COUPE, David Anthony Saint John→
Resignedsecretary · resigned 1992-12-15
PORTER, Margaret Ann→
Resignedsecretary · appointed 2006-09-19 · resigned 2009-05-29
SWEETLAND, Brian William→
Resignedsecretary · appointed 1992-12-15 · resigned 1997-08-08
WILTSHIRE, James Anthony→
Resignedsecretary · appointed 1997-08-08 · resigned 1999-05-31
WORTHINGTON, Paul Frank→
Resignedsecretary · appointed 2004-08-02 · resigned 2007-09-28
BASKERVILLE, Adrian Hamilton→
Resigneddirector · ~75y · appointed 2003-03-31 · resigned 2004-11-05
BIRCH, Henning→
Resigneddirector · ~88y · resigned 1992-09-11
BOULDIN, John Anthony→
Resigneddirector · ~80y · appointed 1998-09-08 · resigned 2001-07-31
BRUHN-PETERSEN, Kim→
Resigneddirector · ~70y · appointed 1995-09-21 · resigned 1997-08-08
CHANDLER, Michael John→
Resigneddirector · ~69y · appointed 2002-10-22 · resigned 2003-03-31
CHESSHER, Mark Christopher→
Resigneddirector · ~66y · appointed 2002-03-13 · resigned 2006-06-06
COATES, Clive Frederick→
Resigneddirector · ~82y · appointed 1997-08-08 · resigned 1997-12-31
CULMER, Mark George→
Resigneddirector · ~64y · appointed 2000-06-08 · resigned 2002-03-13
DAVIES, Paul John→
Resigneddirector · ~75y · appointed 1997-08-08 · resigned 1998-09-08
DOERR, Michael Frank→
Resigneddirector · ~91y · appointed 1992-09-11 · resigned 1997-05-31
Click a director name to see their full track record across all companies.
Recent filings (202 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-05-04
gazette-notice-voluntary
gazette · GAZ1(A)
2010-01-19
dissolution-application-strike-off-company
dissolution · DS01
2010-01-05
legacy
officers · 288a
2009-06-10
legacy
officers · 288b
2009-06-08
legacy
annual-return · 363a
2009-06-02
legacy
officers · 288a
2009-05-26
accounts-with-made-up-date
accounts · AA
2009-05-21
accounts-with-accounts-type-full
accounts · AA
2008-10-08
legacy
annual-return · 363a
2008-05-19
accounts-with-accounts-type-full
accounts · AA
2007-10-05
legacy
officers · 288b
2007-10-03
legacy
officers · 288a
2007-09-27
legacy
annual-return · 363a
2007-06-07
legacy
officers · 288a
2007-05-01