INENCO SYSTEMS LIMITED
- · Oldest live charge 29.6y old — refinance window within 12 months
Opportunity 51/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 29.6y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 29.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (70 events)Click to expand
- 2016-12-15⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-12-15🏁Company dissolved
- 2016-09-15⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2016-01-27⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2016-01-27⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2016-01-27📄resolutionresolution · RESOLUTIONS
- 2015-12-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-12-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-05-15📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-12-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-10-03📄appoint-person-director-company-with-nameofficers · AP01
- 2013-09-27📄termination-director-company-with-nameofficers · TM01
- 2013-09-27📄appoint-person-director-company-with-nameofficers · AP01
- 2013-09-27📄appoint-person-secretary-company-with-nameofficers · AP03
- 2013-09-27📄termination-director-company-with-nameofficers · TM01
- 2013-09-27📄appoint-person-secretary-company-with-nameofficers · AP03
- 2013-09-27📄termination-secretary-company-with-nameofficers · TM02
- 2013-09-26📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-09-04➕ABBOTT, Michael Edward appointedsecretary
- 2013-09-04➕ABBOTT, Michael Edward appointeddirector
- 2013-09-04➕MAYALL, Anthony appointeddirector
- 2013-09-04➖HUMPHREYS, David Christopher resignedsecretary
- 2013-09-04➖CRUDDACE, David Lee, Mr. resigneddirector
- 2013-09-04➖OWENS, David William resigneddirector
- 2013-02-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-12-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-11-21📄termination-secretary-company-with-nameofficers · TM02
- 2012-11-21📄appoint-person-secretary-company-with-nameofficers · AP03
- 2012-10-12➕HUMPHREYS, David Christopher appointedsecretary
- 2012-10-12➖O'SULLIVAN, Liam resignedsecretary
- 2012-01-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-12-28📄termination-director-company-with-nameofficers · TM01
- 2011-12-21➕CRUDDACE, David Lee, Mr. appointeddirector
- 2011-12-21➖JOHNSTONE, Lee resigneddirector
- 2011-12-21➕OWENS, David William appointeddirector
- 2011-12-01➕O'SULLIVAN, Liam appointedsecretary
- 2011-04-18➖MAGUIRE, Peter Dominic resigneddirector
- 2011-03-02➖TATE, Wendy resigneddirector
- 2010-11-03➖MORTON, Julia Alison resignedsecretary
- 2010-10-04➕JOHNSTONE, Lee appointeddirector
- 2010-10-04➕TATE, Wendy appointeddirector
- 2010-02-08➖RIGBY, William Simon resigneddirector
- 2009-09-14➖JOHNSTONE, Lee resignedsecretary
- 2009-09-14➕MORTON, Julia Alison appointedsecretary
- 2008-08-14➖SMITH, Geoffrey William resigneddirector
- 2006-10-09➖CHAMBERS, Carl James resigneddirector
- 2006-10-09➕RIGBY, William Simon appointeddirector
- 2006-06-15➕JOHNSTONE, Lee appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 43 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-12-15
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-12-15: gazette-dissolved-liquidation; 2016-09-15: liquidation-voluntary-members-return-of-final-meeting
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (0 active · 22 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 16/10/1996 | 22/03/2000 |