NO ORDINARY SHOES LIMITED

⚰️Wound downliquidation
02096981 · ltd · incorporated 1987-02-05
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
36/100
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 36/100 (watch), bankability 30/100. Strong seller-intent signal (60/100, director aged 59). 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.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 6.7y

40/100
too messy

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

  • · Oldest live charge is 6.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 48/100 (high).

Data confidence

Overall: medium (57/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
32 officers (1 active, 32 linked, 26 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
181 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
36/100Watch
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
70
Strong succession / seller-readiness signals.
Risk profile
13
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 (88 events)Click to expand
  1. 2024-05-17
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  2. 2024-03-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-03-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-03-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2024-02-29
    CLARKE, Kevin resigned
    director
  8. 2024-02-29
    DUBINER, Jay resigned
    director
  9. 2024-02-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  10. 2024-01-29
    DOWNS, Russell appointed
    director
  11. 2024-01-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2023-06-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2023-06-19
    CLARKE, Kevin appointed
    director
  14. 2023-06-19
    DENCH, Marcus Simon resigned
    director
  15. 2023-06-19
    DUBINER, Jay appointed
    director
  16. 2023-06-19
    OSBORNE, Rachel Claire Elizabeth resigned
    director
  17. 2023-06-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2023-06-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2023-06-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-06-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2022-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2022-11-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2022-11-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2022-11-14
    🔓
    Charge satisfied #2
  25. 2022-11-14
    🔓
    Charge satisfied #1
  26. 2022-09-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2022-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2022-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2022-03-08
    DENCH, Marcus Simon appointed
    director
  30. 2022-03-07
    WOLFFE, David resigned
    director
  31. 2021-12-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  32. 2021-11-12
    HEARSEY-ZOUBIE, Peter resigned
    secretary
  33. 2021-11-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  34. 2021-02-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  35. 2020-11-12
    CLARK, Phillip resigned
    director
  36. 2020-08-31
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC and Its Successors in Title and Permitted Transferees
  37. 2020-07-30
    GREEN, Richard Lawrence resigned
    director
  38. 2020-05-18
    WOLFFE, David appointed
    director
  39. 2020-01-01
    HEARSEY-ZOUBIE, Peter appointed
    secretary
  40. 2019-12-10
    OSBORNE, Rachel Claire Elizabeth appointed
    director
  41. 2019-12-10
    PAGE, Lindsay Dennis resigned
    director
  42. 2019-10-03
    ANDERSON, Charles Francis resigned
    director
  43. 2019-09-27
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  44. 2019-01-01
    CULLEN, Timothy Edward resigned
    secretary
  45. 2019-01-01
    ANDERSON, Charles Francis appointed
    director
  46. 2019-01-01
    CLARK, Phillip appointed
    director
  47. 2019-01-01
    GREEN, Richard Lawrence appointed
    director
  48. 2019-01-01
    LONG, Andrew Michael resigned
    director
  49. 2019-01-01
    NEWCOMBE, Richard James resigned
    director
  50. 2019-01-01
    PAGE, Lindsay Dennis appointed
    director
Showing most recent 50 of 88 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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

4 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: 2023-10-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-12-24

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: 2024-05-17: liquidation-compulsory-winding-up-order

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
No Ordinary Designer Label Limited
Corporate parent · holds 75-100% shares
ultimate parent
🏛️
Ted Baker Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
NO ORDINARY SHOES LIMITED
This company · 02096981

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
No Ordinary Designer Label Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting29/02/2024
Ted Baker Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/01/2019
1 historic (ceased) PSC
  • Pentland Group Plcceased 01/01/2019· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

Statusliquidation
Typeltd
Incorporated1987-02-05
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

Ted Baker On Cleveland
111-117 Cleveland Street
London
W1T 6PX
England

Filing status

Accounts
Next due: 2023-10-31OVERDUE
Last made up to: 2022-01-29
Confirmation statement
Next due: 2024-12-24OVERDUE
Last: 2023-12-10

Officers (1 active · 31 resigned)

DOWNS, Russell
director · ~59y · appointed 2024-01-29
View their other companies + combined net worth →
Active
CAMPBELL, Patrick James
secretary · appointed 2005-01-01 · resigned 2015-04-20
Resigned
CULLEN, Timothy Edward
secretary · appointed 2015-04-20 · resigned 2019-01-01
Resigned
HEARSEY-ZOUBIE, Peter
secretary · appointed 2020-01-01 · resigned 2021-11-12
Resigned
HYDE, John Derek Gregory
secretary · appointed 1994-10-03 · resigned 2002-07-15
Resigned
STEVENS, Richard Anthony
secretary · appointed 2002-07-15 · resigned 2005-01-01
Resigned
STEVENS, Richard Anthony
secretary · resigned 1994-10-03
Resigned
ANDERSON, Charles Francis
director · ~56y · appointed 2019-01-01 · resigned 2019-10-03
Resigned
BLACKMAN, Ian Nicholas
director · ~64y · appointed 2003-01-01 · resigned 2010-05-20
Resigned
CLARK, Phillip
director · ~53y · appointed 2019-01-01 · resigned 2020-11-12
Resigned
CLARKE, Kevin
director · ~67y · appointed 2023-06-19 · resigned 2024-02-29
Resigned
DENCH, Marcus Simon
director · ~56y · appointed 2022-03-08 · resigned 2023-06-19
Resigned
DUBINER, Jay
director · ~62y · appointed 2023-06-19 · resigned 2024-02-29
Resigned
ELLERKER, Marco
director · ~59y · appointed 2015-04-01 · resigned 2016-12-02
Resigned
GREEN, Richard Lawrence
director · ~64y · appointed 2019-01-01 · resigned 2020-07-30
Resigned
HAMMERSLEY, Mark Andrew
director · ~79y · appointed 1999-04-12 · resigned 1999-06-01
Resigned
KASHAP, Prabhu Shankar
director · ~65y · appointed 2001-06-11 · resigned 2003-01-01
Resigned
KEYSER, Anthony John De
director · ~92y · resigned 2001-12-31
Resigned
LONG, Andrew Michael
director · ~55y · appointed 2008-12-04 · resigned 2019-01-01
Resigned
NEWCOMBE, Richard James
director · ~58y · appointed 2017-04-03 · resigned 2019-01-01
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC and Its Successors in Title and Permitted Transferees
A registered charge31/08/202014/11/2022
satisfied
Barclays
Barclays Bank PLC
A registered charge27/09/201914/11/2022

Recent filings (181 total)

liquidation-compulsory-winding-up-order
insolvency · COCOMP
2024-05-17
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
appoint-person-director-company-with-name-date
officers · AP01
2024-03-08
termination-director-company-with-name-termination-date
officers · TM01
2024-03-07
termination-director-company-with-name-termination-date
officers · TM01
2024-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-07
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-02-13
gazette-notice-compulsory
gazette · GAZ1
2024-01-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-06-20
appoint-person-director-company-with-name-date
officers · AP01
2023-06-19
appoint-person-director-company-with-name-date
officers · AP01
2023-06-19
termination-director-company-with-name-termination-date
officers · TM01
2023-06-19
termination-director-company-with-name-termination-date
officers · TM01
2023-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-16