INSURANCE RECOVERIES LIMITED

⚰️Wound downdissolved
02155548 · ltd · incorporated 1987-08-19
Investment thesis
Company dissolved — 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
49/100
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What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 49/100 (watch), bankability 50/100. Strong seller-intent signal (63/100, director aged 71). 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: share sale to pe / searcher (58/100). Current lenders should be on monthly review.

Data confidence

Overall: low (48/100)

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
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
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 (32 events)Click to expand
  1. 2017-03-29
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2017-03-29
    🏁
    Company dissolved
  3. 2016-12-29
    ⚠️
    liquidation-compulsory-completion
    insolvency · L64.07
  4. 2012-07-04
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  5. 2012-06-19
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  6. 2012-06-14
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  7. 2012-03-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2011-12-27
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  9. 2011-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2011-06-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2011-04-12
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  12. 2010-06-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2009-10-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2009-06-09
    📄
    legacy
    annual-return · 363a
  15. 2008-08-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2008-06-05
    📄
    legacy
    annual-return · 363a
  17. 2007-06-12
    📄
    legacy
    annual-return · 363a
  18. 2007-05-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2007-05-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2006-06-06
    📄
    legacy
    annual-return · 363a
  21. 2006-04-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2005-11-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2005-07-24
    📄
    legacy
    officers · 288a
  24. 2005-07-24
    📄
    legacy
    officers · 288b
  25. 2005-06-17
    📄
    legacy
    annual-return · 363s
  26. 2005-06-10
    CALDER & CO (REGISTRARS) LIMITED appointed
    corporate-secretary
  27. 2005-06-10
    WARDLAW, Catherine Julia Margaret resigned
    secretary
  28. 2004-12-08
    📄
    legacy
    annual-return · 363a
  29. 2004-04-22
    WARDLAW, Catherine Julia Margaret resigned
    director
  30. 1998-07-21
    BROOKS, Gary resigned
    director
  31. 1993-07-22
    LUEDDEKE, Christof Ferdinand resigned
    director
  32. 1987-08-19
    🏢
    Company incorporated
    As INSURANCE RECOVERIES LIMITED

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 71 — 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 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Company dissolved
high

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

Evidence: Dissolved on 2017-03-29

3 insolvency-related filings on record
high

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

Evidence: 2017-03-29: gazette-dissolved-liquidation; 2016-12-29: liquidation-compulsory-completion

🔒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

11 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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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
Typeltd
Incorporated1987-08-19
Jurisdictionengland-wales
Primary SIC7487 — SIC 7487

Registered office

Calder & Co
16 Charles Ii Street
London
SW1Y 4NW
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2009-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

CALDER & CO (REGISTRARS) LIMITED
corporate-secretary · appointed 2005-06-10
View their other companies + combined net worth →
Active
WARDLAW, Timothy Penrose
director · ~71y
View their other companies + combined net worth →
Active
WARDLAW, Catherine Julia Margaret
secretary · resigned 2005-06-10
Resigned
BROOKS, Gary
director · ~70y · resigned 1998-07-21
Resigned
LUEDDEKE, Christof Ferdinand
director · ~90y · resigned 1993-07-22
Resigned
WARDLAW, Catherine Julia Margaret
director · ~72y · resigned 2004-04-22
Resigned

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

Recent filings (77 total)

gazette-dissolved-liquidation
gazette · GAZ2
2017-03-29
liquidation-compulsory-completion
insolvency · L64.07
2016-12-29
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2012-07-04
change-corporate-secretary-company-with-change-date
officers · CH04
2012-06-19
change-registered-office-address-company-with-date-old-address
address · AD01
2012-06-14
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-03-15
gazette-notice-compulsary
gazette · GAZ1
2011-12-27
gazette-filings-brought-up-to-date
gazette · DISS40
2011-06-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-13
gazette-notice-compulsary
gazette · GAZ1
2011-04-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-10-16
legacy
annual-return · 363a
2009-06-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-08-07
legacy
annual-return · 363a
2008-06-05