TERMINUS 35 LIMITED
⚰️Wound downdissolved
02384732 · ltd · incorporated 1989-05-16
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
59/100
Worth a look
What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 52/100. 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: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
12 live charges · 12 lenders · oldest 37.4y
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 37.4 years old — likely at or near maturity.
- · 12 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (53/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
22 officers (5 active, 22 linked, 20 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
25 connected companies via shared directors
90
Filing history
152 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review flags.
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 (76 events)Click to expand
- 2011-12-13📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-12-13🏁Company dissolved
- 2011-08-30📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-08-17📄dissolution-application-strike-off-companydissolution · DS01
- 2011-05-12✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2011-05-12✏️change-of-name-noticechange-of-name · CONNOT
- 2010-10-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-02-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-11-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-10-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2009-05-01📄legacyofficers · 288a
- 2009-04-30📄legacyofficers · 288b
- 2009-04-09➕JOHNSTON, Peter Douglas appointeddirector
- 2009-04-09➖TIMMINS, Richard Keith resigneddirector
- 2009-02-13📄accounts-with-accounts-type-fullaccounts · AA
- 2008-09-19📄legacyannual-return · 363a
- 2008-04-17📄accounts-with-accounts-type-fullaccounts · AA
- 2008-04-05📍legacyaddress · 287
- 2008-02-01📄legacyofficers · 288a
- 2008-01-07➕TIMMINS, Richard Keith appointeddirector
- 2007-10-26📄legacyannual-return · 363a
- 2007-09-03📄legacyofficers · 288b
- 2007-08-10➖JOHNSTON, Peter Douglas resigneddirector
- 2007-07-21📄accounts-with-accounts-type-fullaccounts · AA
- 2007-03-14📄resolutionresolution · RESOLUTIONS
- 2006-10-10📄legacyannual-return · 363a
- 2006-09-30📄legacymortgage · 395
- 2006-09-27🔒Charge registered #12Lender: Lloyds Tsb Bank PLC
- 2006-02-13📄accounts-with-accounts-type-fullaccounts · AA
- 2006-01-09📄legacyaccounts · 225
- 2004-10-28🔒Charge registered #11Lender: J.P. Morgan Europe Limited (Formerly Chase Manhattan International Limited) as Security Trusteefor Itself and the Other Secured Parties or Such Other Person as May from Time to Time Be Appointed Security Trustee
- 2004-10-28🔒Charge registered #10Lender: J.P. Morgan Europe Limited (Formerly Chase Manhattan International Limited) or Such Otherperson as May from Time to Time Be Appointed Security Agent and Trustee
- 2004-06-11➕GOODWIN, Alan appointedsecretary
- 2004-06-11➕GOODWIN, Alan James appointeddirector
- 2004-06-11➖BRIDGES, Clive resignedsecretary
- 2004-06-11➖BRIDGES, Clive resigneddirector
- 2002-09-30➖PRETLOVE, Peter Robert resigneddirector
- 2002-09-30➖ROBERTSON, Malcolm Murray resigneddirector
- 2002-08-01➕HEARN, Catherine Ann appointeddirector
- 2002-08-01➕JOHNSTON, Peter Douglas appointeddirector
- 2002-01-28🔒Charge registered #9Lender: J.P.Morgan Europe Limited,as Security Trustee for the Secured Parties
- 2001-10-26🔒Charge registered #8Lender: Chase Manhattan International Limited (As Security Trustee for Itself and Investcorp Fundinglimited)
- 2001-09-17➖BROWN, Frederick James resigneddirector
- 2001-07-30➕HIBBERT, Barry Alan appointeddirector
- 2000-11-27➕ROBERTSON, Malcolm Murray appointeddirector
- 2000-08-01➖RUDSTON, Anthony resigneddirector
- 2000-07-10➖HEYES, Jeffrey Andrew resigneddirector
- 2000-07-10➕PRETLOVE, Peter Robert appointeddirector
- 2000-06-19➕HEYES, Jeffrey Andrew appointeddirector
Showing most recent 50 of 76 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
80/100
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 69. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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
1 high · 1 med · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-12-13
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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
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|---|---|---|---|---|---|---|---|
| 2N HEALTHCARE LTD→ 14269684 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 365 PCO HIRE LTD→ 13456518 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 4SCIENCES GROUP LTD→ 12789494 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 5 LIONS CONSORTIUM LIMITED→ 16564943 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.ABRAHAM TOWER CRANE HIRE LTD→ 10483320 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A1 SOLICITORS LTD→ 11404110 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACCOUNTANCY & TAX SOLUTIONS (UK) LTD→ 14009949 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCOUNTANCY GLOBAL SERVICES LTD→ 07484052 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ACCOUNTANT FOR BUSINESS LTD→ 14118721 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCOUNTS TAX ASSISTANCE LTD→ 14550012 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACE CONSULTANCY ENTERPRISES LTD→ 10617275 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACHIEVERS RECRUITMENT LTD→ 14507849 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Statusdissolved
Typeltd
Incorporated1989-05-16
Jurisdictionengland-wales
Primary SIC7415 — SIC 7415
Registered office
1 Apex Business Centre
Boscombe Road
Dunstable
Bedfordshire
LU5 4SB
Filing status
Accounts
Next due: —
Last made up to: 2009-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 17 resigned)
Active
GOODWIN, Alan James→
Activedirector · ~60y · appointed 2004-06-11
View their other companies + combined net worth →
HEARN, Catherine Ann→
Activedirector · ~69y · appointed 2002-08-01
View their other companies + combined net worth →
HIBBERT, Barry Alan→
Activedirector · ~66y · appointed 2001-07-30
View their other companies + combined net worth →
JOHNSTON, Peter Douglas→
Activedirector · ~63y · appointed 2009-04-09
View their other companies + combined net worth →
BRIDGES, Clive→
Resignedsecretary · resigned 2004-06-11
BISSET, Jack→
Resigneddirector · ~74y · resigned 1995-03-01
BRIDGES, Clive→
Resigneddirector · ~81y · appointed 1993-07-20 · resigned 2004-06-11
BROWN, Frederick James→
Resigneddirector · ~78y · resigned 2001-09-17
COX, John Raymond→
Resigneddirector · ~89y · resigned 1995-03-01
DUNKLEY, Rodney Patrick→
Resigneddirector · ~81y · appointed 1993-01-01 · resigned 1993-09-01
HEYES, Jeffrey Andrew→
Resigneddirector · ~65y · appointed 2000-06-19 · resigned 2000-07-10
HOLLORAN, Peter John→
Resigneddirector · ~82y · resigned 1996-06-14
JOHNSTON, Peter Douglas→
Resigneddirector · ~63y · appointed 2002-08-01 · resigned 2007-08-10
JONES, Trevor James Victor→
Resigneddirector · ~81y · appointed 1993-01-01 · resigned 1993-09-01
PRETLOVE, Peter Robert→
Resigneddirector · ~82y · appointed 2000-07-10 · resigned 2002-09-30
ROBERTSON, Malcolm Murray→
Resigneddirector · ~72y · appointed 2000-11-27 · resigned 2002-09-30
RUDSTON, Anthony→
Resigneddirector · ~85y · appointed 1996-06-17 · resigned 2000-08-01
STATON, David Montague→
Resigneddirector · ~93y · resigned 1994-03-01
TILBROOK, Stephen Paul→
Resigneddirector · ~73y · resigned 1995-03-01
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
6
Outstanding
6
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A deed of admission to an omnibus letter of set-off dated 19TH june 1998 | 1 property | 27/09/2006 | — | |
| outstanding | J.P. Morgan Europe (Formerly Chase Manhattan International ) as Security Trusteefor Itself and the Other Secured Parties or Such Other Person as May from Time to Time Be Appointed Security Trustee J.P. Morgan Europe Limited (Formerly Chase Manhattan International Limited) as Security Trusteefor Itself and the Other Secured Parties or Such Other Person as May from Time to Time Be Appointed Security Trustee | Restated amendment to the supplemental deed to a composite guarantee and debenture dated 19 june 1998 and dated 4 september 1998 | 1 property | 28/10/2004 | — | |
| outstanding | J.P. Morgan Europe (Formerly Chase Manhattan International ) or Such Otherperson as May from Time to Time Be Appointed Security Agent and Trustee J.P. Morgan Europe Limited (Formerly Chase Manhattan International Limited) or Such Otherperson as May from Time to Time Be Appointed Security Agent and Trustee | Restated amendment of and accession to the composite guarantee & debenture dated 19/06/98 | 1 property | 28/10/2004 | — | |
| outstanding | J.P.Morgan Europe ,as Security Trustee for the Secured Parties J.P.Morgan Europe Limited,as Security Trustee for the Secured Parties | A composite guarantee and debenture between polestar,the polestar corporation PLC,certain subsidiaries of polestar and J.P.morgan europe limited | 6 properties | 28/01/2002 | — | |
| outstanding | Chase Manhattan International (As Security Trustee for Itself and Investcorp Fundinglimited) Chase Manhattan International Limited (As Security Trustee for Itself and Investcorp Fundinglimited) | A composite guarantee and debenture between the chargor, the polestar corporation PLC, certain subsidiaries of the chargor and chase manhattan international limited | 1 property | 26/10/2001 | — | |
| outstanding | Chase Manhattan International Chase Manhattan International Limited | Composite guarantee and debenture | 1 property | 19/06/1998 | — | |
| satisfied | Chemical Investment Bank Limitedas Security Agent (As Defined Therein) | Composite guarantee and debenture | 1 property | 28/12/1995 | 26/06/1998 | |
| satisfied | Standard Chartered Bank Therein)as Agent and Trustee for the Lenders (As Defined | Supplemental deed | 1 property | 28/12/1995 | 26/06/1998 | |
| satisfied | Standard Chartered Bank(As Agent and Trustee for the Mezzanine Lenders) | Guarantee & debenture | 1 property | 29/12/1989 | 26/06/1998 | |
| satisfied | The Governor and Company of the Bank of Scotlanddraft Bank)(As Agent and Trustee for the Banks and the Over | Guarantee & debenture | 1 property | 29/12/1989 | 22/01/1996 | |
| satisfied | The Governor and Company of the Banks of Scotland Banks as Defined.as Agent & Trustee for the Banks & the Overdraft | Composite guarantee & debenture. | 1 property | 13/01/1989 | 08/06/1998 | |
| satisfied | Standard Chartered Bankas Agent and Trustee for the Mezzanine Lenders. | Composite guarantee & debenture. | 1 property | 13/01/1989 | 26/06/1998 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (152 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-12-13
gazette-notice-voluntary
gazette · GAZ1(A)
2011-08-30
dissolution-application-strike-off-company
dissolution · DS01
2011-08-17
certificate-change-of-name-company
change-of-name · CERTNM
2011-05-12
change-of-name-notice
change-of-name · CONNOT
2011-05-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-10-20
accounts-with-accounts-type-dormant
accounts · AA
2010-02-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-09
change-person-secretary-company-with-change-date
officers · CH03
2009-10-26
change-person-director-company-with-change-date
officers · CH01
2009-10-22
legacy
officers · 288a
2009-05-01
legacy
officers · 288b
2009-04-30
accounts-with-accounts-type-full
accounts · AA
2009-02-13
legacy
annual-return · 363a
2008-09-19
accounts-with-accounts-type-full
accounts · AA
2008-04-17