BUS & COACH LEASING

⚰️Wound downdissolved
02003546 · private-unlimited · incorporated 1986-03-25
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 39.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 6522
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 68). Share purchase looks the cleaner deal structure. 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: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 39.7y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 39.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: low (53/100)

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
31 officers (3 active, 31 linked, 25 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
174 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
67
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 (78 events)Click to expand
  1. 2010-05-04
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-05-04
    🏁
    Company dissolved
  3. 2010-01-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2010-01-04
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2009-09-15
    ✏️
    certificate-re-registration-limited-to-unlimited
    change-of-name · CERT3
  6. 2009-09-15
    📄
    re-registration-memorandum-articles
    incorporation · MAR
  7. 2009-09-15
    📄
    legacy
    reregistration · 49(8)(a)
  8. 2009-09-15
    📄
    legacy
    reregistration · 49(1)
  9. 2009-09-15
    📄
    legacy
    reregistration · 49(8)(b)
  10. 2009-04-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2009-03-04
    📄
    legacy
    annual-return · 363a
  12. 2008-03-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2008-02-15
    📄
    legacy
    annual-return · 363a
  14. 2007-07-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2007-03-12
    📄
    legacy
    annual-return · 363a
  16. 2007-01-16
    📄
    legacy
    officers · 288b
  17. 2007-01-02
    RECALDIN, Simon Dominic resigned
    director
  18. 2006-04-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2006-03-09
    📄
    legacy
    annual-return · 363a
  20. 2005-09-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2005-09-13
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2005-03-04
    📄
    legacy
    annual-return · 363a
  23. 2004-09-20
    📄
    legacy
    officers · 288c
  24. 2004-07-27
    📄
    auditors-resignation-company
    auditors · AUD
  25. 2004-07-23
    📄
    auditors-resignation-company
    auditors · AUD
  26. 2004-06-28
    📄
    legacy
    officers · 288b
  27. 2004-06-28
    📄
    legacy
    officers · 288b
  28. 2004-06-08
    DAVIDSON, Brian resigned
    director
  29. 2004-06-08
    GLOBE, Julie Ann resigned
    director
  30. 2004-06-08
    KEANEY, Michael Vincent resigned
    director
  31. 2004-01-01
    DAVIDSON, Brian appointed
    director
  32. 2004-01-01
    GLOBE, Julie Ann appointed
    director
  33. 2003-12-31
    FLEMING, John resigned
    director
  34. 2003-12-31
    MCKENZIE, Glynn resigned
    director
  35. 2003-06-01
    CLIBBENS, Nigel Timothy John appointed
    director
  36. 2003-06-01
    RECALDIN, Simon Dominic appointed
    director
  37. 2003-05-31
    FLINT, Eion Arthur Mcmorran resigned
    director
  38. 2003-05-31
    STUART, John David resigned
    director
  39. 2003-04-16
    DAVIDSON, Brian resigned
    director
  40. 2003-04-16
    KEANEY, Michael Vincent appointed
    director
  41. 2002-02-13
    DAVIDSON, Brian appointed
    director
  42. 2001-12-12
    SMITH, John Ingham resigned
    director
  43. 2001-07-01
    STUART, John David appointed
    director
  44. 2001-06-30
    KNOWLES, Christopher George resigned
    director
  45. 2001-04-12
    CUNNINGHAM, Angela Mary appointed
    secretary
  46. 2001-04-12
    BROMLEY, Heidi Elizabeth resigned
    secretary
  47. 2001-02-01
    FLOWERDEW, David Edward resigned
    director
  48. 2001-02-01
    KNOWLES, Christopher George appointed
    director
  49. 2001-01-01
    CHIVERS, Brian Arthur Calne resigned
    director
  50. 2001-01-01
    FLEMING, John appointed
    director
Showing most recent 50 of 78 events

Owner dependency

83/100
Critical — business is the founder

The 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 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. 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 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 40 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 ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2010-05-04

🔒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

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.

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Company details

Statusdissolved
Typeprivate-unlimited
Incorporated1986-03-25
Jurisdictionengland-wales
Primary SIC6522 — SIC 6522

Registered office

3 Princess Way
Redhill
RH1 1NP

Filing status

Accounts
Next due:
Last made up to: 2008-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 28 resigned)

CUNNINGHAM, Angela Mary
secretary · appointed 2001-04-12
View their other companies + combined net worth →
Active
CLIBBENS, Nigel Timothy John
director · ~67y · appointed 2003-06-01
View their other companies + combined net worth →
Active
LORD, Peter Edmund
director · ~68y · appointed 1994-02-17
View their other companies + combined net worth →
Active
BROMLEY, Heidi Elizabeth
secretary · appointed 1998-04-27 · resigned 2001-04-12
Resigned
EVANS, Margaret Janet
secretary · appointed 1997-11-07 · resigned 1998-04-27
Resigned
LEWIS, Derek John
secretary · appointed 1993-05-13 · resigned 1997-05-01
Resigned
PRESTON, Stuart
secretary · appointed 1997-05-01 · resigned 1997-11-07
Resigned
STRANAGHAN, Patricia Ann
secretary · resigned 1993-05-13
Resigned
CANNON, Andrew John
director · ~73y · appointed 1999-11-25 · resigned 2000-10-12
Resigned
CHIVERS, Brian Arthur Calne
director · ~78y · resigned 2001-01-01
Resigned
DAVIDSON, Brian
director · ~63y · appointed 2004-01-01 · resigned 2004-06-08
Resigned
DAVIDSON, Brian
director · ~63y · appointed 2002-02-13 · resigned 2003-04-16
Resigned
FLEMING, John
director · ~78y · appointed 2001-01-01 · resigned 2003-12-31
Resigned
FLINT, Eion Arthur Mcmorran
director · ~74y · appointed 2000-11-14 · resigned 2003-05-31
Resigned
FLOWERDEW, David Edward
director · ~69y · appointed 2000-10-13 · resigned 2001-02-01
Resigned
GLOBE, Julie Ann
director · ~63y · appointed 2004-01-01 · resigned 2004-06-08
Resigned
HIGGINS, Peter
director · ~73y · appointed 1995-10-05 · resigned 2000-03-30
Resigned
JOHNSON, Jeffrey
director · ~81y · resigned 1999-03-23
Resigned
KEANEY, Michael Vincent
director · ~71y · appointed 2003-04-16 · resigned 2004-06-08
Resigned
KNOWLES, Christopher George
director · ~69y · appointed 2001-02-01 · resigned 2001-06-30
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lombard North Central .
Lombard North Central PLC.
Mortgage debenture1 property23/09/1986
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (174 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-05-04
gazette-notice-voluntary
gazette · GAZ1(A)
2010-01-19
dissolution-application-strike-off-company
dissolution · DS01
2010-01-04
certificate-re-registration-limited-to-unlimited
change-of-name · CERT3
2009-09-15
re-registration-memorandum-articles
incorporation · MAR
2009-09-15
legacy
reregistration · 49(8)(a)
2009-09-15
legacy
reregistration · 49(1)
2009-09-15
legacy
reregistration · 49(8)(b)
2009-09-15
accounts-with-accounts-type-full
accounts · AA
2009-04-04
legacy
annual-return · 363a
2009-03-04
accounts-with-accounts-type-full
accounts · AA
2008-03-25
legacy
annual-return · 363a
2008-02-15
accounts-with-accounts-type-full
accounts · AA
2007-07-09
legacy
annual-return · 363a
2007-03-12
legacy
officers · 288b
2007-01-16