PRACTICAL PROGRAMS LIMITED
⚰️Wound downdissolved
01824845 · ltd · incorporated 1984-06-14
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 41.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 54/100 (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 41.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 41.3 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.
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
24 officers (3 active, 24 linked, 15 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
22 connected companies via shared directors
90
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
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 (71 events)Click to expand
- 2015-04-29⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2015-04-29🏁Company dissolved
- 2015-01-29⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2014-09-04⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2014-09-04⚠️liquidation-resolution-miscellaneousinsolvency · LIQ MISC RES
- 2014-09-04📄resolutionresolution · RESOLUTIONS
- 2014-09-04⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2014-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-08-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-07-31➕HARKEN, John Van appointeddirector
- 2014-07-31➖COLLINS, Elizabeth Mary resigneddirector
- 2014-05-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2013-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-11-26📄accounts-with-made-up-dateaccounts · AA
- 2013-11-20➕COLLINS, Elizabeth Mary appointeddirector
- 2013-11-20➖MISYS CORPORATE DIRECTOR LIMITED resignedcorporate-director
- 2013-10-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-10-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2013-10-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2013-10-16➕PATEL, Sanjay Surendra appointeddirector
- 2013-10-16➖MISYS CORPORATE SECRETARY LIMITED resignedcorporate-secretary
- 2013-10-01➖HAWKES, Joanna Marageret resigneddirector
- 2013-06-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2013-06-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-05-31➕HAWKES, Joanna Marageret appointeddirector
- 2013-05-31➖PATEL, Bijal Mahendra resigneddirector
- 2013-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2013-05-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-06📄accounts-with-made-up-dateaccounts · AA
- 2012-09-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2012-09-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2012-09-06➖FARRIMOND, Nicholas Brian resigneddirector
- 2012-09-06➕PATEL, Bijal Mahendra appointeddirector
- 2012-05-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-02-27📄accounts-with-made-up-dateaccounts · AA
- 2011-05-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-26➕HOMER, Thomas Edward Timothy appointeddirector
- 2010-07-26➖CHEESEWRIGHT, James resigneddirector
- 2010-06-02➕FARRIMOND, Nicholas Brian appointeddirector
- 2010-06-02➖HAM, Richard Laurence resigneddirector
- 2010-03-17➖BAINS, Gurbinder resignedsecretary
- 2010-03-17➕MISYS CORPORATE SECRETARY LIMITED appointedcorporate-secretary
- 2009-07-31➖JOHNSON, Russell Alan resigneddirector
- 2009-04-24➕BAINS, Gurbinder appointedsecretary
- 2009-04-24➖GRAY, Elizabeth Andrea resignedsecretary
- 2009-02-13➕CHEESEWRIGHT, James appointeddirector
- 2009-02-13➕HAM, Richard Laurence appointeddirector
- 2008-05-30➕JOHNSON, Russell Alan appointeddirector
- 2006-09-15➖ARMITAGE, Matthew resignedsecretary
Showing most recent 50 of 71 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 42 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 dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-04-29
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-04-29: gazette-dissolved-liquidation; 2015-01-29: liquidation-voluntary-members-return-of-final-meeting
🔒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 · Holding company · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 12 CASTELLAIN ROAD MANAGEMENT COMPANY LIMITED→ 02217294 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| 12 CONWAY STREET MANAGEMENT COMPANY LIMITED→ 01614464 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| 12 CULFORD GARDENS LIMITED→ 08357023 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 12 ENNISMORE AVENUE LIMITED→ 01894331 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| 12 ESMOND ROAD FREEHOLD LIMITED→ 06280763 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 12 HEATHFIELD ROAD TENANTS LIMITED→ 04014342 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 12 MOORHOUSE ROAD RTM COMPANY LIMITED→ 13369026 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 12 ST MARK'S PLACE (2) LIMITED→ 04180098 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| 12 STAFFORD TERRACE FREEHOLD LTD→ 13636318 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 12 TO 15 SAVILLE PLACE (CLIFTON) LIMITED→ 13067118 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 12 VERBENA GARDENS W6 9TP LIMITED→ 05961907 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 123 SUTHERLAND AVENUE LIMITED→ 07774055 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1984-06-14
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
One Kingdom Street
Paddington
London
W2 6BL
Filing status
Accounts
Next due: —
Last made up to: 2013-05-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 21 resigned)
HARKEN, John Van→
Activedirector · ~58y · appointed 2014-07-31
View their other companies + combined net worth →
HOMER, Thomas Edward Timothy→
Activedirector · ~63y · appointed 2010-07-26
View their other companies + combined net worth →
PATEL, Sanjay Surendra→
Activedirector · ~62y · appointed 2013-10-16
View their other companies + combined net worth →
ARMITAGE, Matthew→
Resignedsecretary · appointed 2004-06-01 · resigned 2006-09-15
BAINS, Gurbinder→
Resignedsecretary · appointed 2009-04-24 · resigned 2010-03-17
DURRANT, Zoe Vivienne→
Resignedsecretary · appointed 1995-09-29 · resigned 1999-12-02
GRAY, Elizabeth Andrea→
Resignedsecretary · appointed 2006-09-15 · resigned 2009-04-24
HAM, Richard Laurence→
Resignedsecretary · appointed 2002-11-30 · resigned 2004-06-01
NASH, Andrew→
Resignedsecretary · resigned 1995-09-29
WATERS, Paul Christopher→
Resignedsecretary · appointed 1999-12-02 · resigned 2002-11-30
MISYS CORPORATE SECRETARY LIMITED→
Resignedcorporate-secretary · appointed 2010-03-17 · resigned 2013-10-16
CHEESEWRIGHT, James→
Resigneddirector · ~64y · appointed 2009-02-13 · resigned 2010-07-26
COLLINS, Elizabeth Mary→
Resigneddirector · ~63y · appointed 2013-11-20 · resigned 2014-07-31
EVANS, Robert Owen→
Resigneddirector · ~68y · appointed 1998-01-30 · resigned 2002-05-31
FARRIMOND, Nicholas Brian→
Resigneddirector · ~61y · appointed 2010-06-02 · resigned 2012-09-06
GRAHAM, Ross King→
Resigneddirector · ~79y · appointed 1995-04-07 · resigned 2002-05-31
HAM, Richard Laurence→
Resigneddirector · ~72y · appointed 2009-02-13 · resigned 2010-06-02
HAWKES, Joanna Marageret→
Resigneddirector · ~65y · appointed 2013-05-31 · resigned 2013-10-01
JOHNSON, Russell Alan→
Resigneddirector · ~70y · appointed 2008-05-30 · resigned 2009-07-31
OLDERSHAW, Peter Alan→
Resigneddirector · ~75y · resigned 1995-04-07
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Legal mortgage | 1 property | 28/02/1985 | 07/07/1994 |
Recent filings (128 total)
gazette-dissolved-liquidation
gazette · GAZ2
2015-04-29
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2015-01-29
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2014-09-04
liquidation-resolution-miscellaneous
insolvency · LIQ MISC RES
2014-09-04
resolution
resolution · RESOLUTIONS
2014-09-04
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2014-09-04
appoint-person-director-company-with-name-date
officers · AP01
2014-08-08
termination-director-company-with-name-termination-date
officers · TM01
2014-08-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-23
appoint-person-director-company-with-name-date
officers · AP01
2013-12-02
termination-director-company-with-name-termination-date
officers · TM01
2013-11-29
accounts-with-made-up-date
accounts · AA
2013-11-26
termination-director-company-with-name-termination-date
officers · TM01
2013-10-18
termination-secretary-company-with-name-termination-date
officers · TM02
2013-10-17
appoint-person-director-company-with-name-date
officers · AP01
2013-10-17