ROMAR CONSTRUCTION (NEWBURY) LIMITED
⚰️Wound downdissolved
01832279 · ltd · incorporated 1984-07-12
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
62/100
Worth a look
What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 7011SIC 7011
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 72/100. Strong seller-intent signal (88/100, director aged 69). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
9 live charges · 4 lenders · oldest 39.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 39.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
92 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 (52 events)Click to expand
- 2011-07-12📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-07-12🏁Company dissolved
- 2011-03-29📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-03-21📄dissolution-application-strike-off-companydissolution · DS01
- 2010-12-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-14📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-08-24📄legacyannual-return · 363a
- 2009-05-08📄legacyannual-return · 363a
- 2009-04-28📍legacyaddress · 287
- 2008-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-01-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-09-03📄legacyannual-return · 363s
- 2006-09-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-08-29📄legacyannual-return · 363s
- 2006-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-08-25📄legacyannual-return · 363s
- 2004-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-08-05📄legacyannual-return · 363s
- 2004-01-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-08-12📄legacyannual-return · 363s
- 2003-02-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-09-04📄legacyannual-return · 363s
- 2002-01-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2001-08-10📄legacyannual-return · 363s
- 2001-01-27🔓Charge satisfied #9
- 2001-01-27🔓Charge satisfied #8
- 2001-01-27🔓Charge satisfied #4
- 2001-01-27🔓Charge satisfied #3
- 1996-07-19➕ARMSTRONG, Valerie Ann appointedsecretary
- 1996-07-19➕SHAFER, Lee Burl appointeddirector
- 1996-07-19➖SHAFER, Robert Lee resigneddirector
- 1994-11-11➖SHAFER, Mary Nina resigneddirector
- 1993-06-04🔓Charge satisfied #7
- 1993-06-04🔓Charge satisfied #6
- 1993-06-04🔓Charge satisfied #5
- 1993-06-04🔓Charge satisfied #2
- 1992-12-14➕KAXE, Garry appointedsecretary
- 1992-12-14➕KAXE, Garry appointeddirector
- 1992-12-14➖SHAFER, Robert Lee resignedsecretary
- 1992-01-08🔒Charge registered #9Lender: Shafer Electrical (Newbury) LTD.
- 1991-10-14🔒Charge registered #8Lender: Shafer Electrical Õnewbury! Limited
- 1989-11-24🔒Charge registered #7Lender: Lloyds Bank PLC
- 1989-11-24🔒Charge registered #6Lender: Lloyds Bank PLC
- 1989-11-24🔒Charge registered #5Lender: Lloyds Bank PLC
- 1989-06-12🔒Charge registered #4Lender: Lloyds Bank PLC
- 1989-05-16🔒Charge registered #3Lender: Lloyds Bank PLC
- 1989-05-05🔒Charge registered #2Lender: Lloyds Bank PLC
- 1987-04-24🔓Charge satisfied #1
Showing most recent 50 of 52 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 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
86/100
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.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- 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
1 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-07-12
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
Active · Automotive · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 181 CAR SALE AND REPAIRS LTD→ 14737313 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 24/7 MOBILE TYRE DOCTOR LTD→ 16016110 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 24/7 MOBILE TYRES LIMITED→ 16782531 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 247 TRUCK TYRES LTD→ 16948484 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3D MECHANICS LTD→ 14576683 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 4X4MATT LTD→ 07703003 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A&K AUTO REPAIR LTD→ 14047758 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABE MOTOR WORKS LTD→ 11718960 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABSOLUTE TYRES LTD.→ 09777884 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABSOLUTE WINDSCREENS LIMITED→ 15118128 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABVR HOLDINGS LIMITED→ 10597111 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AC RESTORATION SERVICES LIMITED→ 09055919 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated1984-07-12
Jurisdictionengland-wales
Primary SIC4521 — SIC 4521
Registered office
3 High Street
Thatcham
Berkshire
RG19 3JG
Filing status
Accounts
Next due: —
Last made up to: 2010-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
ARMSTRONG, Valerie Ann→
Activesecretary · appointed 1996-07-19
View their other companies + combined net worth →
Active
Active
SHAFER, Lee Burl→
Activedirector · ~57y · appointed 1996-07-19
View their other companies + combined net worth →
SHAFER, Robert Lee→
Resignedsecretary · resigned 1992-12-14
SHAFER, Mary Nina→
Resigneddirector · ~80y · resigned 1994-11-11
SHAFER, Robert Lee→
Resigneddirector · ~81y · resigned 1996-07-19
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Shafer Electrical (Newbury) . Shafer Electrical (Newbury) LTD. | Debenture deed | 1 property | 08/01/1992 | 27/01/2001 | |
| satisfied | Shafer Electrical Õnewbury! Shafer Electrical Õnewbury! Limited | Legal charge | 1 property | 14/10/1991 | 27/01/2001 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 24/11/1989 | 04/06/1993 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 24/11/1989 | 04/06/1993 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 24/11/1989 | 04/06/1993 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 12/06/1989 | 27/01/2001 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 16/05/1989 | 27/01/2001 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 05/05/1989 | 04/06/1993 | |
| satisfied | A.Lehmann / George Fisher | Legal charge | 1 property | 05/02/1987 | 24/04/1987 |
Recent filings (92 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-07-12
gazette-notice-voluntary
gazette · GAZ1(A)
2011-03-29
dissolution-application-strike-off-company
dissolution · DS01
2011-03-21
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-12-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-14
change-person-director-company-with-change-date
officers · CH01
2010-09-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-12-01
legacy
annual-return · 363a
2009-08-24
legacy
annual-return · 363a
2009-05-08
legacy
address · 287
2009-04-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-12-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-01-10
legacy
annual-return · 363s
2007-09-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-09-29
legacy
annual-return · 363s
2006-08-29