STRAND REALISATION 2004 PLC
⚰️Wound downdissolved
02174959 · plc · incorporated 1987-10-07
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: SIC 7220
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 40/100. Strong seller-intent signal (78/100, director aged 70). Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 36.8y
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 36.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
140 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
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 (49 events)Click to expand
- 2011-02-08⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2011-02-08🏁Company dissolved
- 2010-11-08⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2010-10-27⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-04-29⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-10-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-04-24⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2008-10-27⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2008-04-19⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2007-10-18⚠️liquidation-voluntary-statement-of-receipts-and-paymentsinsolvency · 4.68
- 2007-04-21⚠️liquidation-voluntary-statement-of-receipts-and-paymentsinsolvency · 4.68
- 2006-10-12⚠️liquidation-voluntary-statement-of-receipts-and-paymentsinsolvency · 4.68
- 2006-04-10⚠️liquidation-voluntary-statement-of-receipts-and-paymentsinsolvency · 4.68
- 2005-04-22⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2005-04-04⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2005-04-04⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2005-04-01⚠️liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-dateinsolvency · 1.3
- 2005-04-01⚠️liquidation-voluntary-arrangement-completioninsolvency · 1.4
- 2004-10-26⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2004-08-02⚠️liquidation-in-administration-statement-of-affairsinsolvency · 2.16B
- 2004-07-15⚠️liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-dateinsolvency · 1.3
- 2004-07-09✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2004-06-15⚠️liquidation-in-administration-result-creditors-meetinginsolvency · 2.23B
- 2004-05-26⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2004-04-13📍legacyaddress · 287
- 2004-04-07⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2003-09-22➖MATHER, Anthony Rodger resigneddirector
- 2002-07-25➕BAKER, Edward Matthew Scott appointedsecretary
- 2002-07-25➖SULLIVAN, Mark James resignedsecretary
- 2002-05-31➖WHITE, Stuart resigneddirector
- 2002-04-19➖JEFFREY, Nicholas resigneddirector
- 2001-09-28➖ROBERTS, Stephen David resignedsecretary
- 2001-09-28➕SULLIVAN, Mark James appointedsecretary
- 2001-09-28➖ROBERTS, Stephen David resigneddirector
- 2000-07-05➕PHILLIPS, Graham Peter appointeddirector
- 2000-07-05➕JEFFREY, Nicholas appointeddirector
- 2000-07-05➕WHITE, Stuart appointeddirector
- 2000-03-30➖MATHER, Michele Anne resignedsecretary
- 2000-01-13➕TYLER, Christopher Charles appointeddirector
- 2000-01-13➕ROBERTS, Stephen David appointedsecretary
- 2000-01-13➕ROBERTS, Stephen David appointeddirector
- 1999-07-01➖MATHER, Michele Anne resigneddirector
- 1998-09-16🔒Charge registered #4Lender: National Westminster Bank PLC
- 1998-09-15🔒Charge registered #3Lender: National Westminster Bank PLC
- 1995-12-31➖THORNTON, John Lindsay Marchbank resigneddirector
- 1995-08-01➕THORNTON, John Lindsay Marchbank appointeddirector
- 1990-07-03🔒Charge registered #2Lender: Midland Bank PLC
- 1989-08-10🔒Charge registered #1Lender: Midland Bank PLC
- 1987-10-07🏢Company incorporatedAs STRAND REALISATION 2004 PLC
Owner dependency
83/100
Critical — business is the founderThe 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 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-02-08
23 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-02-08: gazette-dissolved-liquidation; 2010-11-08: liquidation-voluntary-creditors-return-of-final-meeting
🔒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 →Similar companies
Active · Professional services · PR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A E WORTHINGTON LTD→ 16838562 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.H.TREE LTD→ 15114753 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACFALLON LIMITED→ 15409077 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACORN LEGAL CONSULTANTS LIMITED→ 04371391 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ACWIRE LIMITED→ 08977244 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AD LAW LIMITED→ 08700052 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADEPTLI LTD→ 14500981 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADKIRK LAW EMPLOYMENT SERVICES LIMITED→ 09878056 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADKIRK LAW INC LIMITED→ 09088903 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADLINGTON LAW LIMITED→ 07661677 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AEQUALIS MANAGEMENT LIMITED→ 14037772 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AEROSPACE CONSULTING LTD→ 12312485 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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.
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
Statusdissolved
Typeplc
Incorporated1987-10-07
Jurisdictionengland-wales
Primary SIC7220 — SIC 7220
Registered office
Begbies Traynor
1 Winkley Court
Chapel Street Preston
Lancashire
PR1 8BU
Filing status
Accounts
Next due: —
Last made up to: 2002-11-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
BAKER, Edward Matthew Scott→
Activesecretary · appointed 2002-07-25
View their other companies + combined net worth →
PHILLIPS, Graham Peter→
Activedirector · ~70y · appointed 2000-07-05
View their other companies + combined net worth →
TYLER, Christopher Charles→
Activedirector · ~68y · appointed 2000-01-13
View their other companies + combined net worth →
MATHER, Michele Anne→
Resignedsecretary · resigned 2000-03-30
ROBERTS, Stephen David→
Resignedsecretary · appointed 2000-01-13 · resigned 2001-09-28
SULLIVAN, Mark James→
Resignedsecretary · appointed 2001-09-28 · resigned 2002-07-25
JEFFREY, Nicholas→
Resigneddirector · ~84y · appointed 2000-07-05 · resigned 2002-04-19
MATHER, Anthony Rodger→
Resigneddirector · ~66y · resigned 2003-09-22
MATHER, Michele Anne→
Resigneddirector · ~60y · resigned 1999-07-01
ROBERTS, Stephen David→
Resigneddirector · ~74y · appointed 2000-01-13 · resigned 2001-09-28
THORNTON, John Lindsay Marchbank→
Resigneddirector · ~80y · appointed 1995-08-01 · resigned 1995-12-31
WHITE, Stuart→
Resigneddirector · ~83y · appointed 2000-07-05 · resigned 2002-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 16/09/1998 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 15/09/1998 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 03/07/1990 | — | |
| outstanding | Midland Bank Midland Bank PLC | Charge | 1 property | 10/08/1989 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (140 total)
gazette-dissolved-liquidation
gazette · GAZ2
2011-02-08
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2010-11-08
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-10-27
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-04-29
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-10-26
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-04-24
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-27
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-04-19
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2007-10-18
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2007-04-21
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2006-10-12
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2006-04-10
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2005-04-22
liquidation-in-administration-progress-report
insolvency · 2.24B
2005-04-04
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · 2.34B
2005-04-04