01956753 LIMITED

🌳Matureactive
01956753 · ltd · incorporated 1985-11-11
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: SIC 4525
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 22/100. Strong seller-intent signal (63/100, director aged 79). 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: asset disposal / carve-out (70/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 32.6y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 32.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
64 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
35
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
33
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 (39 events)Click to expand
  1. 2021-11-01
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2021-11-01
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2009-03-24
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  4. 2008-12-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2004-08-18
    📄
    restoration-order-of-court
    restoration · AC92
  6. 2002-05-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  7. 2002-01-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2001-10-01
    📍
    legacy
    address · 287
  9. 2001-08-17
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  10. 2001-07-05
    ⚠️
    legacy
    insolvency · 405(2)
  11. 2000-10-30
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  12. 1999-12-20
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  13. 1999-10-27
    📍
    legacy
    address · 287
  14. 1999-10-19
    📄
    legacy
    mortgage · 395
  15. 1999-10-15
    ⚠️
    legacy
    insolvency · 405(1)
  16. 1999-10-08
    🔒
    Charge registered #7
    Lender: The Royal Bank of Scotland PLC
  17. 1999-05-14
    📄
    legacy
    annual-return · 363a
  18. 1998-11-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 1998-06-16
    📄
    legacy
    officers · 288b
  20. 1998-05-14
    📄
    legacy
    annual-return · 363a
  21. 1998-02-20
    WHAM, Brian James resigned
    director
  22. 1997-11-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 1997-05-15
    📄
    legacy
    annual-return · 363a
  24. 1997-05-15
    📍
    legacy
    address · 353
  25. 1997-01-22
    📄
    legacy
    mortgage · 395
  26. 1997-01-20
    🔒
    Charge registered #6
    Lender: Royscot Trust PLC, Royscot Leasing LTD, Royscot Industrial Leasing LTD, Royscot Commercialleasing LTD, & Royscot Spa Leasing LTD
  27. 1996-10-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 1996-04-17
    📄
    legacy
    annual-return · 363a
  29. 1995-07-19
    🔓
    Charge satisfied #4
  30. 1995-07-19
    🔓
    Charge satisfied #3
  31. 1995-07-19
    🔓
    Charge satisfied #2
  32. 1995-07-19
    🔓
    Charge satisfied #1
  33. 1995-07-17
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  34. 1994-07-22
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  35. 1994-06-17
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  36. 1994-01-21
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  37. 1993-10-08
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  38. 1992-01-20
    WHAM, Brian James appointed
    director
  39. 1985-11-11
    🏢
    Company incorporated
    As 01956753 LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

76/100
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 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 2 med ·
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: 2000-10-31

5 insolvency-related filings on record
high

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

Evidence: 2001-08-17: liquidation-receiver-abstract-of-receipts-and-payments; 2001-07-05: legacy

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Charge satisfaction-then-recreation pattern
medium

Multiple 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 →

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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.

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

Statusactive
Typeltd
Incorporated1985-11-11
Jurisdictionengland-wales
Primary SIC4525 — SIC 4525

Registered office

Cefn Llogell Racing Stables
Coedkernew
Newport
NP10 8YW

Filing status

Accounts
Next due: 2000-10-31OVERDUE
Last made up to:
Confirmation statement
Next due:
Last:

Officers (3 active · 1 resigned)

WARREN, Kevin James
secretary
View their other companies + combined net worth →
Active
NEVILLE, James Joseph
director · ~79y
View their other companies + combined net worth →
Active
WARREN, Kevin James
director · ~78y
View their other companies + combined net worth →
Active
WHAM, Brian James
director · ~72y · appointed 1992-01-20 · resigned 1998-02-20
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Chattel mortgage1 property08/10/1999
outstanding
Royscot Trust , Royscot Leasing , Royscot Industrial Leasing , Royscot Commercialleasing , & Royscot Spa Leasing
Royscot Trust PLC, Royscot Leasing LTD, Royscot Industrial Leasing LTD, Royscot Commercialleasing LTD, & Royscot Spa Leasing LTD
Fixed charge1 property20/01/1997
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property17/07/1995
satisfied
Barclays
Barclays Bank PLC
Guarantee and debenture1 property22/07/199419/07/1995
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property17/06/199419/07/1995
satisfied
Barclays
Barclays Bank PLC
Guarantee and debenture1 property21/01/199419/07/1995
satisfied
Barclays
Barclays Bank PLC
Debenture1 property08/10/199319/07/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

restoration-order-of-court
restoration · AC92
2021-11-01
certificate-change-of-name-company
change-of-name · CERTNM
2021-11-01
gazette-dissolved-compulsory
gazette · GAZ2
2009-03-24
gazette-notice-compulsory
gazette · GAZ1
2008-12-09
restoration-order-of-court
restoration · AC92
2004-08-18
gazette-dissolved-compulsory
gazette · GAZ2
2002-05-14
gazette-notice-compulsory
gazette · GAZ1
2002-01-22
legacy
address · 287
2001-10-01
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2001-08-17
legacy
insolvency · 405(2)
2001-07-05
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2000-10-30
liquidation-receiver-administrative-receivers-report
insolvency · 3.10
1999-12-20
legacy
address · 287
1999-10-27
legacy
mortgage · 395
1999-10-19
legacy
insolvency · 405(1)
1999-10-15