BIOTRACE LIMITED
⚰️Wound downdissolved
02261333 · ltd · incorporated 1988-05-24
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
55/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 58). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
10 live charges · 5 lenders · oldest 36.7y
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 36.7 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
26 officers (3 active, 26 linked, 20 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
227 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
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 (86 events)Click to expand
- 2018-12-18📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-12-18🏁Company dissolved
- 2018-10-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-09-21📄dissolution-application-strike-off-companydissolution · DS01
- 2018-06-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-05-31➖CHAMBERS, Michael resigneddirector
- 2018-05-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-05-16📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-05-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-05-01➕SEMERCIYAN, Simla appointeddirector
- 2018-04-30➕BROWN, Ian Richard appointedsecretary
- 2018-04-30➖JUBB, David Anthony resignedsecretary
- 2018-04-30📄legacycapital · SH20
- 2018-04-30📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2018-04-30⚠️legacyinsolvency · CAP-SS
- 2018-04-30📄resolutionresolution · RESOLUTIONS
- 2018-02-27📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2018-02-27📄legacycapital · SH20
- 2018-02-27⚠️legacyinsolvency · CAP-SS
- 2018-02-27📄resolutionresolution · RESOLUTIONS
- 2017-09-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-09-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-07-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-01➖ASHLEY, David James resignedsecretary
- 2015-05-01➕JUBB, David Anthony appointedsecretary
- 2015-05-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-05-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-02-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-01-19➖GRAY, Donald resigneddirector
- 2013-04-01➕ASHLEY, David James appointeddirector
- 2013-04-01➕ASHLEY, David James appointedsecretary
- 2013-03-31➖PIKETT, Christopher resignedsecretary
- 2013-03-31➖PIKETT, Christopher resigneddirector
- 2011-04-29➖BROWNLEE, Kenneth Arthur resigneddirector
- 2011-04-29➕GRAY, Donald appointeddirector
- 2011-04-29➖STAPLETON, Gary Michael resigneddirector
- 2007-09-30➖MORGAN, Peter William John resigneddirector
- 2007-09-01➕PIKETT, Christopher appointedsecretary
- 2007-09-01➕BROWNLEE, Kenneth Arthur appointeddirector
- 2007-09-01➕CHAMBERS, Michael appointeddirector
- 2007-09-01➕PIKETT, Christopher appointeddirector
- 2007-09-01➕STAPLETON, Gary Michael appointeddirector
- 2007-08-31➖MORGAN, Peter William John resignedsecretary
- 2007-08-31➖WYNNE, James Robert Owen resigneddirector
- 2007-08-15🔓Charge satisfied #11
- 2007-08-15🔓Charge satisfied #10
- 2007-03-31➖JOHNSON, Ian Roy resigneddirector
- 2006-06-09🔒Charge registered #11Lender: Hsbc Bank PLC
Showing most recent 50 of 86 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-12-18
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2018-04-30: legacy; 2018-02-27: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
3m Uk Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
3m Uk Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
BIOTRACE LIMITED
This company · 02261333
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
3m Uk Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Holding company · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 140 PINKERTON ROAD (MC) LIMITED→ 06053855 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 18 HHRN MANAGEMENT COMPANY LIMITED→ 16650237 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2 SEND ROAD MANAGEMENT COMPANY LIMITED→ 16361882 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 246 LONDON ROAD MANAGEMENT COMPANY LIMITED→ 01808137 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| 275-277 RABY ROAD RTM COMPANY LIMITED→ 15244034 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 31 OAKLEY STREET MANAGEMENT LIMITED→ 01572758 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| 36MP MANAGEMENT LTD→ 16961062 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 38 BAKER STREET LIMITED→ 01462181 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 3M ASIA PACIFIC UK HOLDING LTD→ 09908024 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 3M PENSION TRUSTEES LIMITED→ 01434427 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 40 CAREY STREET LTD→ 15360029 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 40 HOMEFIELD ROAD MANAGEMENT COMPANY LIMITED→ 10945155 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1988-05-24
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
3m Centre
Cain Road
Bracknell
Berkshire
RG12 8HT
Filing status
Accounts
Next due: —
Last made up to: 2016-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 23 resigned)
BROWN, Ian Richard→
Activesecretary · appointed 2018-04-30
View their other companies + combined net worth →
ASHLEY, David James→
Activedirector · ~58y · appointed 2013-04-01
View their other companies + combined net worth →
SEMERCIYAN, Simla→
Activedirector · ~53y · appointed 2018-05-01
View their other companies + combined net worth →
ASHLEY, David James→
Resignedsecretary · appointed 2013-04-01 · resigned 2015-05-01
GRIFFITHS, Colin→
Resignedsecretary · resigned 1996-05-20
JUBB, David Anthony→
Resignedsecretary · appointed 2015-05-01 · resigned 2018-04-30
MORGAN, Peter William John→
Resignedsecretary · appointed 1996-05-02 · resigned 2007-08-31
PIKETT, Christopher→
Resignedsecretary · appointed 2007-09-01 · resigned 2013-03-31
ACLAND, Simon Hugh Verdon→
Resigneddirector · ~68y · resigned 1993-11-12
BROWNLEE, Kenneth Arthur→
Resigneddirector · ~75y · appointed 2007-09-01 · resigned 2011-04-29
CHAMBERS, Michael→
Resigneddirector · ~70y · appointed 2007-09-01 · resigned 2018-05-31
EVANS, David Eurof, Doctor→
Resigneddirector · ~95y · resigned 1993-11-12
GRAY, Donald→
Resigneddirector · ~62y · appointed 2011-04-29 · resigned 2015-01-19
GRIFFITHS, Colin→
Resigneddirector · ~88y · resigned 1996-05-20
HUNT, Edward John→
Resigneddirector · ~93y · resigned 1993-11-12
JOHNSON, Ian Roy→
Resigneddirector · ~73y · resigned 2007-03-31
KEIR, James→
Resigneddirector · ~80y · appointed 1995-06-25 · resigned 1999-07-02
KITTS, Malcolm Robert→
Resigneddirector · ~92y · appointed 1994-11-21 · resigned 1998-03-27
LEVETT, Brian Cecil James→
Resigneddirector · ~85y · resigned 1996-01-03
MORGAN, Peter William John→
Resigneddirector · ~72y · appointed 1996-05-02 · resigned 2007-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 09/06/2006 | 15/08/2007 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 08/09/2003 | 15/08/2007 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 14/02/2000 | 06/01/2001 | |
| satisfied | Barclays Barclays Bank PLC | Charge over credit balances | 1 property | 20/10/1993 | 06/01/2001 | |
| satisfied | Bank of Wales Bank of Wales PLC | Mortgage debenture | 1 property | 22/07/1992 | 02/11/1993 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 01/08/1991 | 17/08/1992 | |
| satisfied | Barclays Barclays Bank PLC | Chattel mortgage | 1 property | 04/12/1990 | 17/08/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 03/05/1990 | 17/08/1992 | |
| satisfied | Mid Glamorgan County Council | Legal debenture | 1 property | 19/10/1989 | 03/12/1991 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 22/09/1989 | 17/08/1992 |
Recent filings (227 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-12-18
gazette-notice-voluntary
gazette · GAZ1(A)
2018-10-02
dissolution-application-strike-off-company
dissolution · DS01
2018-09-21
termination-director-company-with-name-termination-date
officers · TM01
2018-06-01
appoint-person-director-company-with-name-date
officers · AP01
2018-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2018-05-21
appoint-person-secretary-company-with-name-date
officers · AP03
2018-05-16
termination-secretary-company-with-name-termination-date
officers · TM02
2018-05-10
legacy
capital · SH20
2018-04-30
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2018-04-30
legacy
insolvency · CAP-SS
2018-04-30
resolution
resolution · RESOLUTIONS
2018-04-30
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2018-02-27
legacy
capital · SH20
2018-02-27
legacy
insolvency · CAP-SS
2018-02-27