TENSECRETE LIMITED

⚰️Wound downliquidation
01856181 · ltd · incorporated 1984-10-16
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
44/100
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What this business does
Primary activity: SIC 2751
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 30/100. 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: 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.

Data confidence

Overall: low (49/100)

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
11 officers (4 active, 11 linked, 9 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
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
85
Strong succession / seller-readiness signals.
Risk profile
31
Multiple red flags — proceed with caution.
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 (23 events)Click to expand
  1. 2018-10-23
    ⚠️
    order-of-court-restoration-previously-compulsory-liquidation
    insolvency · REST-COCOMP
  2. 1997-12-08
    BEET, David resigned
    director
  3. 1997-07-03
    BEET, David appointed
    director
  4. 1997-04-30
    BULLIVANT, Jane Marie resigned
    director
  5. 1996-11-18
    ELLISON, John Stuart appointed
    director
  6. 1996-09-30
    THORPE, David Ashley resigned
    director
  7. 1996-09-18
    KETTELL, David Robert resigned
    director
  8. 1996-08-21
    HYATT, Richard Michael resigned
    director
  9. 1996-02-29
    BULLIVANT, Jane Marie appointed
    director
  10. 1994-11-21
    SWIFT, Ernest appointed
    director
  11. 1994-06-01
    HYATT, Richard Michael appointed
    director
  12. 1994-01-29
    SPEIRS, William Blake, Professor appointed
    director
  13. 1994-01-24
    HARTLEY, Andrew James appointed
    secretary
  14. 1994-01-24
    THORPE, Louise Jane resigned
    secretary
  15. 1994-01-24
    KETTELL, David Robert appointed
    director
  16. 1993-10-01
    THORPE, Louise Jane resigned
    director
  17. 1991-08-23
    THORPE, Louise Jane appointed
    secretary
  18. 1991-08-23
    THORPE, David Ashley appointed
    director
  19. 1991-08-23
    THORPE, Louise Jane appointed
    director
  20. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  21. 1985-01-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  22. 1984-10-16
    🏢
    Company incorporated
    As TENSECRETE LIMITED
  23. 1984-10-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material 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 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

85/100
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 80 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 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.

Red flags

3 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: 1998-10-31

Company in liquidation
high

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

1 insolvency-related filing on record
high

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

Evidence: 2018-10-23: order-of-court-restoration-previously-compulsory-liquidation

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

12 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.

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🔒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.

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Company details

Statusliquidation
Typeltd
Incorporated1984-10-16
Jurisdictionengland-wales
Primary SIC2751 — SIC 2751

Registered office

1 East Parade
Sheffield
South Yorkshire
S1 2ET

Filing status

Accounts
Next due: 1998-10-31OVERDUE
Last made up to: 1996-12-31
Confirmation statement
Next due:
Last:

Officers (4 active · 7 resigned)

HARTLEY, Andrew James
secretary · appointed 1994-01-24
View their other companies + combined net worth →
Active
ELLISON, John Stuart
director · ~76y · appointed 1996-11-18
View their other companies + combined net worth →
Active
SPEIRS, William Blake, Professor
director · ~80y · appointed 1994-01-29
View their other companies + combined net worth →
Active
SWIFT, Ernest
director · ~69y · appointed 1994-11-21
View their other companies + combined net worth →
Active
THORPE, Louise Jane
secretary · appointed 1991-08-23 · resigned 1994-01-24
Resigned
BEET, David
director · ~78y · appointed 1997-07-03 · resigned 1997-12-08
Resigned
BULLIVANT, Jane Marie
director · ~61y · appointed 1996-02-29 · resigned 1997-04-30
Resigned
HYATT, Richard Michael
director · ~70y · appointed 1994-06-01 · resigned 1996-08-21
Resigned
KETTELL, David Robert
director · ~68y · appointed 1994-01-24 · resigned 1996-09-18
Resigned
THORPE, David Ashley
director · ~69y · appointed 1991-08-23 · resigned 1996-09-30
Resigned
THORPE, Louise Jane
director · ~63y · appointed 1991-08-23 · resigned 1993-10-01
Resigned

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

Recent filings (4 total)

order-of-court-restoration-previously-compulsory-liquidation
insolvency · REST-COCOMP
2018-10-23
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01
certificate-change-of-name-company
change-of-name · CERTNM
1985-01-22
incorporation-company
incorporation · NEWINC
1984-10-16