02235556 LIMITED
🌳Matureactive
02235556 · ltd · incorporated 1988-03-24
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
9 live charges · 3 lenders · oldest 38.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 38.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
19 officers (4 active, 19 linked, 12 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
85
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 (72 events)Click to expand
- 2015-06-24📄restoration-order-of-courtrestoration · AC92
- 2015-06-24✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2013-02-26📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-02-26🏁Company dissolved
- 2012-11-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-11-02📄dissolution-application-strike-off-companydissolution · DS01
- 2012-10-30📄change-corporate-director-company-with-change-dateofficers · CH02
- 2012-09-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-09-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-09-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-10-15📄appoint-person-director-company-with-nameofficers · AP01
- 2010-10-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-09-27➕BUREL, Antoine Didier-Marie appointeddirector
- 2010-09-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-23📄change-corporate-director-company-with-change-dateofficers · CH02
- 2010-09-23📄change-corporate-director-company-with-change-dateofficers · CH02
- 2009-12-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-09-25📄legacyannual-return · 363a
- 2008-09-25📄legacyannual-return · 363a
- 2008-04-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2008-02-26📄legacyofficers · 288b
- 2008-02-25📄legacyofficers · 288a
- 2008-02-07➕MIDDLEMAST, Philip appointedsecretary
- 2008-01-31➖KRISHNAN, Nemmara Ganapathy resignedsecretary
- 2007-09-25📄legacyannual-return · 363a
- 2007-05-19📄legacymortgage · 403a
- 2007-05-19🔓Charge satisfied #9
- 2007-05-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2007-02-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2005-12-22➕KRISHNAN, Nemmara Ganapathy appointedsecretary
- 2005-12-22➖LOWE, Roderick John resignedsecretary
- 2002-12-10🔒Charge registered #9Lender: The Royal Bank of Scotland PLC,as Trustee for Itself and the Other Secured Parties
- 2002-11-07➕A E CHESSY SAS appointedcorporate-director
- 2002-11-07➕LEGRAND FRANCE SA appointedcorporate-director
- 2002-11-07➖DECOSTER, Bernard resigneddirector
- 2002-11-07➖VERSPIEREN, Jean-Pierre resigneddirector
- 2001-02-14➖DONNELLY, Geoffrey Alan resignedsecretary
- 2001-02-14➕LOWE, Roderick John appointedsecretary
- 1998-12-31➕DECOSTER, Bernard appointeddirector
- 1998-12-31➖DECOSTER, Edouard resigneddirector
- 1998-12-31➖VERSPIEREN, Benoit resigneddirector
- 1998-12-31➕VERSPIEREN, Jean-Pierre appointeddirector
- 1995-03-14🔓Charge satisfied #8
- 1995-03-14🔓Charge satisfied #7
- 1995-03-14🔓Charge satisfied #6
- 1995-03-14🔓Charge satisfied #5
- 1995-03-14🔓Charge satisfied #3
- 1995-03-14🔓Charge satisfied #2
- 1995-03-14🔓Charge satisfied #1
Showing most recent 50 of 72 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 23 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.
Red flags
2 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2013-09-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-10-04
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Other · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 00458535 LIMITED→ 00458535 · est 1948 · no financials extracted | — | — | — | — | 77y | — | — |
| 00527500 LIMITED→ 00527500 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| 01111064 LIMITED→ 01111064 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| 01390373 LIMITED→ 01390373 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| 02348232 LIMITED→ 02348232 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| 02877158 PUBLIC LIMITED COMPANY→ 02877158 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| 09320792 LIMITED→ 12456792 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 10 OXFORD ROAD FREEHOLDERS LIMITED→ 09582463 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 103 CHEDDON ROAD (MANAGEMENT) LIMITED→ 05488845 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 11 DATES LIMITED→ 16308013 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 116 LIMITED→ 03556347 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 118 SALES LIMITED→ 07099447 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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
Statusactive
Typeltd
Incorporated1988-03-24
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Great King Street North
Birmingham
B19 2LF
Filing status
Accounts
Next due: 2013-09-30OVERDUE
Last made up to: 2011-12-31
Confirmation statement
Next due: 2016-10-04OVERDUE
Last: —
Officers (4 active · 15 resigned)
MIDDLEMAST, Philip→
Activesecretary · appointed 2008-02-07
View their other companies + combined net worth →
BUREL, Antoine Didier-Marie→
Activedirector · ~64y · appointed 2010-09-27
View their other companies + combined net worth →
A E CHESSY SAS→
Activecorporate-director · appointed 2002-11-07
View their other companies + combined net worth →
LEGRAND FRANCE SA→
Activecorporate-director · appointed 2002-11-07
View their other companies + combined net worth →
DELVE, Harvey James→
Resignedsecretary · resigned 1994-12-31
DONNELLY, Geoffrey Alan→
Resignedsecretary · appointed 1994-12-31 · resigned 2001-02-14
KRISHNAN, Nemmara Ganapathy→
Resignedsecretary · appointed 2005-12-22 · resigned 2008-01-31
LOWE, Roderick John→
Resignedsecretary · appointed 2001-02-14 · resigned 2005-12-22
BARTLETT, Gerald Colin→
Resigneddirector · ~85y · resigned 1994-12-31
BURY, Lindsay Claude Neils→
Resigneddirector · ~87y · resigned 1993-12-15
DECOSTER, Bernard→
Resigneddirector · ~82y · appointed 1998-12-31 · resigned 2002-11-07
DECOSTER, Edouard→
Resigneddirector · ~107y · appointed 1994-12-31 · resigned 1998-12-31
DELVE, Harvey James→
Resigneddirector · ~82y · resigned 1994-12-31
PINFOLD, Owen William→
Resigneddirector · ~79y · resigned 1994-12-31
SANKEY, David Baldwin→
Resigneddirector · ~83y · appointed 1993-12-15 · resigned 1994-12-31
SHIELDS, Hugh Robert→
Resigneddirector · ~81y · resigned 1994-12-31
VERSPIEREN, Benoit→
Resigneddirector · ~85y · appointed 1994-12-31 · resigned 1998-12-31
VERSPIEREN, Jean-Pierre→
Resigneddirector · ~86y · appointed 1998-12-31 · resigned 2002-11-07
WILLMORE, Stephen Robert→
Resigneddirector · ~76y · resigned 1994-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC,as Trustee for Itself and the Other Secured Parties | Debenture | 7 properties | 10/12/2002 | 19/05/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/09/1992 | 14/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/09/1992 | 14/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/09/1992 | 14/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 18/07/1991 | 14/03/1995 | |
| satisfied | Sumit Sumit PLC | Debenture | 1 property | 03/05/1988 | 04/02/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/05/1988 | 14/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/05/1988 | 14/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 03/05/1988 | 14/03/1995 |
Recent filings (143 total)
restoration-order-of-court
restoration · AC92
2015-06-24
certificate-change-of-name-company
change-of-name · CERTNM
2015-06-24
gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-02-26
gazette-notice-voluntary
gazette · GAZ1(A)
2012-11-13
dissolution-application-strike-off-company
dissolution · DS01
2012-11-02
change-corporate-director-company-with-change-date
officers · CH02
2012-10-30
accounts-with-accounts-type-dormant
accounts · AA
2012-09-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-09-21
accounts-with-accounts-type-dormant
accounts · AA
2011-09-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-09-28
appoint-person-director-company-with-name
officers · AP01
2010-10-15
accounts-with-accounts-type-dormant
accounts · AA
2010-10-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-23
change-corporate-director-company-with-change-date
officers · CH02
2010-09-23
change-corporate-director-company-with-change-date
officers · CH02
2010-09-23