NTL CABLECOMMS LANCASHIRE NO. 1

⚰️Wound downdissolved
02453249 · private-unlimited · incorporated 1989-12-18
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
62/100
Worth a look
🔔
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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 62/100 (worth a look), bankability 72/100. Strong seller-intent signal (88/100, director aged 66). Biggest value-creation lever: Consolidate lender relationships. 8 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 · 8 lenders · oldest 25.9y

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 25.9 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
45 officers (3 active, 45 linked, 33 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
184 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
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
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 (131 events)Click to expand
  1. 2013-01-08
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2013-01-08
    🏁
    Company dissolved
  3. 2012-09-25
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-09-18
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-09-11
    📄
    legacy
    mortgage · MG02
  6. 2012-09-11
    📄
    legacy
    mortgage · MG02
  7. 2012-09-11
    📄
    legacy
    mortgage · MG02
  8. 2012-09-06
    🔓
    Charge satisfied #10
  9. 2012-09-06
    🔓
    Charge satisfied #9
  10. 2012-09-06
    🔓
    Charge satisfied #8
  11. 2012-02-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2012-02-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2011-12-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2011-11-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2011-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2011-09-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2011-09-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2011-09-16
    TILLBROOK, Joanne Christine appointed
    director
  19. 2011-09-16
    MACKENZIE, Robert Mario resigned
    director
  20. 2011-09-16
    TILLBROOK, Joanne Christine appointed
    director
  21. 2011-09-16
    TILLBROOK, Joanne Christine resigned
    director
  22. 2011-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2011-04-01
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  24. 2011-01-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2010-09-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2010-07-08
    📄
    legacy
    mortgage · MG01
  27. 2010-06-29
    🔒
    Charge registered #10
    Lender: Deutsche Bank Ag, London Branch
  28. 2010-06-01
    📄
    legacy
    mortgage · MG02
  29. 2010-05-28
    🔓
    Charge satisfied #7
  30. 2010-05-25
    📄
    legacy
    mortgage · MG02
  31. 2010-05-24
    📄
    legacy
    mortgage · MG04
  32. 2010-05-24
    🔓
    Charge satisfied #5
  33. 2010-05-19
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  34. 2010-05-19
    📄
    appoint-person-director-company-with-name
    officers · AP01
  35. 2010-05-18
    📄
    termination-director-company-with-name
    officers · TM01
  36. 2010-05-18
    📄
    termination-secretary-company-with-name
    officers · TM02
  37. 2010-04-30
    JAMES, Gillian Elizabeth appointed
    secretary
  38. 2010-04-30
    GALE, Robert Charles appointed
    director
  39. 2010-04-30
    VIRGIN MEDIA SECRETARIES LIMITED resigned
    corporate-secretary
  40. 2010-04-30
    MACKENZIE, Robert Mario appointed
    director
  41. 2010-04-30
    VIRGIN MEDIA DIRECTORS LIMITED resigned
    corporate-director
  42. 2010-04-30
    VIRGIN MEDIA SECRETARIES LIMITED resigned
    corporate-director
  43. 2010-04-15
    🔒
    Charge registered #9
    Lender: Deutsche Bank Ag, London Branch
  44. 2010-01-19
    🔒
    Charge registered #8
    Lender: Deutsche Bank Ag London Branch (The Security Trustee)
  45. 2010-01-19
    🔒
    Charge registered #7
    Lender: Deutsche Bank Ag London Branch (The Security Trustee)
  46. 2006-12-21
    🔓
    Charge satisfied #6
  47. 2006-06-16
    🔒
    Charge registered #6
    Lender: Deutsche Bank Ag, London Branch (As Alternative Bridge Trustee for the Beneficiaries)
  48. 2006-04-21
    🔓
    Charge satisfied #4
  49. 2006-03-03
    🔒
    Charge registered #5
    Lender: Deutsche Bank Ag, London Branch (As Security Trustee for the Beneficiaries)
  50. 2004-10-01
    JAMES, Gillian Elizabeth resigned
    secretary
Showing most recent 50 of 131 events

Owner dependency

83/100
Critical — business is the founder

The 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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 36 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2013-01-08

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.

🔒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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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
Typeprivate-unlimited
Incorporated1989-12-18
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Media House
Bartley Wood Business Park
Hook
Hampshire
RG27 9UP

Filing status

Accounts
Next due:
Last made up to: 2010-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 42 resigned)

JAMES, Gillian Elizabeth
secretary · appointed 2010-04-30
View their other companies + combined net worth →
Active
GALE, Robert Charles
director · ~66y · appointed 2010-04-30
View their other companies + combined net worth →
Active
TILLBROOK, Joanne Christine
director · ~56y · appointed 2011-09-16
View their other companies + combined net worth →
Active
ATHERSYCH, Christopher John
secretary · appointed 1997-06-02 · resigned 1998-08-31
Resigned
DROLET, Robert
secretary · appointed 1997-06-02 · resigned 2000-05-30
Resigned
JAMES, Gillian Elizabeth
secretary · appointed 2000-07-11 · resigned 2004-10-01
Resigned
LUBASCH, Richard Joel
secretary · appointed 2002-02-20 · resigned 2002-05-03
Resigned
MACKENZIE, Robert Mario
secretary · appointed 2000-05-30 · resigned 2004-10-01
Resigned
MCLEAN, Gregory Joseph
secretary · appointed 1993-04-30 · resigned 1993-09-28
Resigned
MERCER, Edward Peter Opgard
secretary · resigned 1993-04-30
Resigned
REPP, Paul Howard
secretary · appointed 1993-09-28 · resigned 1997-06-02
Resigned
VIRGIN MEDIA SECRETARIES LIMITED
corporate-secretary · appointed 2004-10-01 · resigned 2010-04-30
Resigned
ANDERSON, Michael Coplen
director · ~86y · resigned 1993-04-30
Resigned
BEVERIDGE, Robert James
director · ~70y · appointed 1999-04-01 · resigned 2000-05-30
Resigned
BLACKBURN, Richard Wallace
director · ~84y · appointed 1993-04-30 · resigned 1993-09-24
Resigned
CARTER, Stephen Andrew
director · ~62y · appointed 2000-12-01 · resigned 2002-02-20
Resigned
CLARKE, Gregory Allison
director · ~69y · appointed 1999-04-01 · resigned 2000-05-30
Resigned
CLESHAM, Philip
director · ~62y · appointed 2000-05-30 · resigned 2000-07-11
Resigned
CONNELL, Eugene Patrick
director · ~88y · appointed 1993-04-30 · resigned 1995-12-07
Resigned
DEW, Bryony
director · ~58y · appointed 2000-05-30 · resigned 2002-02-01
Resigned

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
TypeProperties
satisfied
Deutsche Bank Ag, London Branch
Composite debenture1 property29/06/201006/09/2012
satisfied
Deutsche Bank Ag, London Branch
Confirmation deed1 property15/04/201006/09/2012
satisfied
Deutsche Bank Ag London Branch (The Security Trustee)
Composite debenture1 property19/01/201006/09/2012
satisfied
Deutsche Bank Ag London Branch (The Security Trustee)
Composite debenture1 property19/01/201028/05/2010
satisfied
Deutsche Bank Ag, London Branch (As Alternative Bridge Trustee for the Beneficiaries)
An alternative bridge composite debenture1 property16/06/200621/12/2006
satisfied
Deutsche Bank Ag, London Branch (As Security Trustee for the Beneficiaries)
Composite debenture1 property03/03/200624/05/2010
satisfied
Credit Suisse First Boston
Debenture1 property13/04/200421/04/2006
satisfied
Chase Manhattan International (As Trustee for the Secured Parties on the Terms and Conditions Set Out in the Second Trust Agreement)
Chase Manhattan International Limited(As Trustee for the Secured Parties on the Terms and Conditions Set Out in the Second Trust Agreement)
Second debenture made by the company in favour of chase manhattan international limited as second security trustee for the secured parties (the "second security trustee")1 property27/09/200128/06/2004
satisfied
Chase Manhattan International (As Trustee for the Secured Parties on the Terms and Conditions Set Out in the Security Trust Agreement)
Chase Manhattan International Limited(As Trustee for the Secured Parties on the Terms and Conditions Set Out in the Security Trust Agreement)
Debenture made by the company in favour of chase manhattan international limited as security trustee for the secured parties (the "security trustee")1 property21/02/200128/06/2004
satisfied
Chase Manhattan International
Chase Manhattan International Limited
Debenture in favour of chase manhattan international limited as security trustee for the secured parties (the "security trustee") on the terms and conditions set out in the security trust agreement1 property28/07/200013/03/2001

Recent filings (184 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-01-08
gazette-notice-voluntary
gazette · GAZ1(A)
2012-09-25
dissolution-application-strike-off-company
dissolution · DS01
2012-09-18
legacy
mortgage · MG02
2012-09-11
legacy
mortgage · MG02
2012-09-11
legacy
mortgage · MG02
2012-09-11
change-person-secretary-company-with-change-date
officers · CH03
2012-02-01
change-person-director-company-with-change-date
officers · CH01
2012-02-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-12-20
appoint-person-director-company-with-name-date
officers · AP01
2011-11-12
termination-director-company-with-name-termination-date
officers · TM01
2011-11-11
termination-director-company-with-name-termination-date
officers · TM01
2011-09-29
appoint-person-director-company-with-name-date
officers · AP01
2011-09-29
accounts-with-accounts-type-dormant
accounts · AA
2011-09-09
change-registered-office-address-company-with-date-old-address
address · AD01
2011-04-01