GREAT NORTHERN ENVELOPE COMPANY LIMITED

⚰️Wound downdissolved
02212509 · ltd · incorporated 1988-01-21
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
50/100
Worth a look
🔔
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What this business does
Primary activity: SIC 17219
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 42/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

23 live charges · 12 lenders · oldest 38.0y

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 38.0 years old — likely at or near maturity.
  • · 12 lenders named — inter-creditor friction likely.
  • · Legal-friction score 65/100 (specialist).

Data confidence

Overall: medium (58/100)

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
23 charges (23/23 with lender, 23/23 with type)
90
Directors & officers
22 officers (5 active, 22 linked, 17 with DOB)
85
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
219 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth 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
41
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 (106 events)Click to expand
  1. 2021-04-11
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2021-04-11
    🏁
    Company dissolved
  3. 2021-01-11
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · LIQ14
  4. 2020-10-21
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  5. 2019-09-07
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  6. 2019-08-16
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  7. 2019-08-16
    ⚠️
    liquidation-in-administration-move-to-creditors-voluntary-liquidation
    insolvency · AM22
  8. 2019-03-21
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  9. 2018-10-24
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · AM19
  10. 2018-09-20
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  11. 2018-09-04
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · AM02
  12. 2018-03-20
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · AM07
  13. 2018-03-05
    ⚠️
    liquidation-in-administration-proposals
    insolvency · AM03
  14. 2018-02-22
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · AM01
  15. 2018-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-01-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2018-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2018-01-16
    🔓
    Charge satisfied #19
  19. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  23. 2016-12-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2016-07-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2016-06-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2016-06-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2016-06-23
    🔓
    Charge satisfied #21
  28. 2016-06-23
    🔓
    Charge satisfied #20
  29. 2016-06-08
    🔒
    Charge registered #23
    Lender: Lloyds Bank Commercial Finance Limited
  30. 2016-06-08
    🔒
    Charge registered #22
    Lender: Lloyds Bank Commercial Finance Limited
  31. 2013-08-13
    🔒
    Charge registered #21
    Lender: Aldermore Bank PLC
  32. 2012-01-19
    🔓
    Charge satisfied #18
  33. 2012-01-19
    🔓
    Charge satisfied #17
  34. 2012-01-19
    🔓
    Charge satisfied #16
  35. 2012-01-19
    🔓
    Charge satisfied #15
  36. 2012-01-19
    🔓
    Charge satisfied #14
  37. 2012-01-19
    🔓
    Charge satisfied #12
  38. 2012-01-19
    🔓
    Charge satisfied #11
  39. 2012-01-19
    🔓
    Charge satisfied #10
  40. 2012-01-19
    🔓
    Charge satisfied #9
  41. 2011-12-16
    🔒
    Charge registered #20
    Lender: Aldermore Bank PLC
  42. 2011-12-16
    🔒
    Charge registered #19
    Lender: Aldermore Invoice Finance, a Division of Aldermore Bank PLC
  43. 2011-12-07
    🔓
    Charge satisfied #13
  44. 2010-04-30
    ROSE, John Eric appointed
    director
  45. 2010-02-18
    PENNIE, Richard Kevin resigned
    director
  46. 2009-02-23
    SHERMER, Warren Bruce appointed
    secretary
  47. 2009-02-23
    BASNETT, Robert William resigned
    secretary
  48. 2009-02-23
    BASNETT, Robert William resigned
    director
  49. 2006-08-17
    🔒
    Charge registered #18
    Lender: Lombard North Central PLC
  50. 2006-06-14
    🔒
    Charge registered #17
    Lender: Lombard North Central PLC
Showing most recent 50 of 106 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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 · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2021-04-11

13 insolvency-related filings on record
high

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

Evidence: 2021-04-11: gazette-dissolved-liquidation; 2021-01-11: liquidation-voluntary-creditors-return-of-final-meeting

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.

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Barry Frank Williamson
Individual · British · DOB 09/1965 · age 61
sig. influencesignificant influence06/04/2016
Mr Warren Bruce Shermer
Individual · British · DOB 04/1966 · age 60
sig. influencesignificant influence06/04/2016
Mr Ian Roger Mitchelson
Individual · British · DOB 05/1973 · age 53
sig. influencesignificant influence06/04/2016
Mr John Eric Rose
Individual · British · DOB 06/1965 · age 61
sig. influencesignificant influence06/04/2016

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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🔒Tailored diligence questions

9 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
Typeltd
Incorporated1988-01-21
Jurisdictionengland-wales
Primary SIC17219 — SIC 17219

Registered office

Toronto Square
Toronto Street
Leeds
LS1 2HJ

Filing status

Accounts
Next due:
Last made up to: 2017-04-30
Confirmation statement
Next due:
Last:

Officers (0 active · 17 resigned)

SHERMER, Warren Bruce
secretary · appointed 2009-02-23
View their other companies + combined net worth →
Active
MITCHELSON, Ian Roger
director · ~53y · appointed 2005-05-25
View their other companies + combined net worth →
Active
ROSE, John Eric
director · ~61y · appointed 2010-04-30
View their other companies + combined net worth →
Active
SHERMER, Warren Bruce
director · ~60y · appointed 1997-12-01
View their other companies + combined net worth →
Active
WILLIAMSON, Barry Frank
director · ~61y · appointed 2005-05-25
View their other companies + combined net worth →
Active
BASNETT, Robert William
secretary · appointed 2005-05-25 · resigned 2009-02-23
Resigned
CREAN, Patrick James
secretary · appointed 1994-12-01 · resigned 1998-01-12
Resigned
GILL, Jane
secretary · resigned 1994-12-01
Resigned
MARRONS CONSULTANCIES LIMITED
corporate-secretary · appointed 1998-01-12 · resigned 2005-05-25
Resigned
BASNETT, Robert William
director · ~59y · appointed 2005-05-25 · resigned 2009-02-23
Resigned
CARTLIDGE, Donald William
director · ~70y · appointed 1997-06-01 · resigned 1998-04-30
Resigned
COLL, James Joseph
director · ~87y · appointed 1996-05-13 · resigned 2004-08-31
Resigned
CREAN, Patrick James
director · ~63y · appointed 1996-05-13 · resigned 1998-01-12
Resigned
CROISDALE, John Russell
director · ~66y · appointed 1996-04-22 · resigned 1997-05-31
Resigned
CROISDALE, John Russell
director · ~66y · appointed 1994-09-09 · resigned 1995-04-05
Resigned
GILL, Anthony Stephen
director · ~63y · resigned 1996-06-29
Resigned
GILL, Jane
director · ~65y · resigned 1994-12-01
Resigned
LOANE, Beaufort Nelson
director · ~84y · appointed 1994-12-01 · resigned 2005-05-25
Resigned
LYNCH, Peter Eugene
director · ~68y · appointed 1995-05-22 · resigned 2000-07-14
Resigned
MULLER, Philip Harvey
director · ~61y · appointed 2001-04-09 · resigned 2003-01-07
Resigned

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

Mortgages & charges

23
Total charges
2
Outstanding
1
Active lenders
Status:Lender:23 of 23 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge08/06/2016
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge08/06/2016
satisfied
Aldermore
Aldermore Bank PLC
A registered charge1 property13/08/201323/06/2016
satisfied
Aldermore
Aldermore Bank PLC
Chattel mortgage1 property16/12/201123/06/2016
satisfied
Aldermore
Aldermore Invoice Finance, a Division of Aldermore Bank PLC
Debenture1 property16/12/201116/01/2018
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property17/08/200619/01/2012
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property14/06/200619/01/2012
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property03/11/200519/01/2012
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property21/09/200519/01/2012
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property24/08/200519/01/2012
satisfied
Bpep Management (UK) as Security Trustee for the Beneficiaries
Bpep Management (UK) Limited as Security Trustee for the Beneficiaries
Guarantee & debenture2 properties25/05/200507/12/2011
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property25/05/200519/01/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Fixed and floating charge1 property25/05/200519/01/2012
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property25/05/200519/01/2012
satisfied
Lombard North Central
Lombard North Central PLC
Debenture1 property25/05/200519/01/2012
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland, as Security Trustee for the Securitybeneficiaries
Deed of accession to a composite guarantee and debenture dated 14 july 20001 property30/08/200023/12/2005
satisfied
Allied Irish Banks in Its Capacity as Trustee for the Beneficiaries
Allied Irish Banks PLC in Its Capacity as Trustee for the Beneficiaries
Debenture1 property19/04/199616/07/2003
satisfied
Allied Irish Banks
Allied Irish Banks PLC
Composite debenture1 property06/06/199515/10/1997
satisfied
Abn Amro Bank N.V.
Fixed and floating charge1 property05/04/199530/09/1995
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property07/11/199430/09/1995
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property30/11/199230/09/1995
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property23/11/198930/09/1995
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property22/05/198801/09/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (219 total)

gazette-dissolved-liquidation
gazette · GAZ2
2021-04-11
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2021-01-11
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2020-10-21
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2019-09-07
liquidation-in-administration-progress-report
insolvency · AM10
2019-08-16
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · AM22
2019-08-16
liquidation-in-administration-progress-report
insolvency · AM10
2019-03-21
liquidation-in-administration-extension-of-period
insolvency · AM19
2018-10-24
liquidation-in-administration-progress-report
insolvency · AM10
2018-09-20
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2018-09-04
liquidation-in-administration-result-creditors-meeting
insolvency · AM07
2018-03-20
liquidation-in-administration-proposals
insolvency · AM03
2018-03-05
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2018-02-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-16
accounts-with-accounts-type-full
accounts · AA
2018-01-18