LSUK 2009 LIMITED
⚰️Wound downdissolved
02456232 · ltd · incorporated 1989-12-29
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
48/100
Watch
What this business does
Primary activity: SIC 5156
Sector: Transportation & storage
ALSO REGISTERED FOR
- 5190SIC 5190
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 48/100 (watch), bankability 32/100. Strong seller-intent signal (63/100, director aged 86). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 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
7 live charges · 4 lenders · oldest 35.4y
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 35.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 9 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
70
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 (55 events)Click to expand
- 2012-08-22⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2012-08-22🏁Company dissolved
- 2012-05-22⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2011-10-20⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-08-26⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2010-07-27⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2010-06-28📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-03-04⚠️liquidation-in-administration-result-creditors-meetinginsolvency · 2.23B
- 2010-02-17⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · 2.16B
- 2010-02-16⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2010-02-16⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2010-01-25📄termination-secretary-company-with-nameofficers · TM02
- 2010-01-25📄termination-director-company-with-nameofficers · TM01
- 2010-01-25📄termination-director-company-with-nameofficers · TM01
- 2010-01-15📄resolutionresolution · RESOLUTIONS
- 2010-01-15✏️change-of-name-noticechange-of-name · CONNOT
- 2010-01-13📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-01-12⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2010-01-07⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2009-12-22➖WELLINGS, Simon James resignedsecretary
- 2009-12-22➖WELLINGS, Simon James resigneddirector
- 2009-12-22➖WILLIAMS, Edward Gordon resigneddirector
- 2009-12-18📄resolutionresolution · RESOLUTIONS
- 2009-12-17📄legacymortgage · MG01
- 2009-12-07🔒Charge registered #7Lender: Db Invoice Finance 12 Limited
- 2009-11-04📄accounts-with-accounts-type-fullaccounts · AA
- 2009-05-12📄legacymortgage · 395
- 2009-04-30🔒Charge registered #6Lender: Eurofactor (UK) Limited
- 2009-01-26📄legacyannual-return · 363a
- 2008-10-16📍legacyaddress · 287
- 2008-10-16📄legacyofficers · 288a
- 2008-09-30➖MITCHELL, John Gerald resignedsecretary
- 2008-09-30➕WELLINGS, Simon James appointedsecretary
- 2008-09-30➖MITCHELL, John Gerald resigneddirector
- 2008-09-30➕WELLINGS, Simon James appointeddirector
- 2007-06-13🔓Charge satisfied #4
- 2004-10-31➖COOPER, Terence Francis Charles resigneddirector
- 2004-09-14➕WILLIAMS, Edward Gordon appointeddirector
- 2004-08-12➖MULVANEY, Gerald Owen resigneddirector
- 2001-05-02➖BYFORD, John Peter resigneddirector
- 1997-11-05🔓Charge satisfied #5
- 1997-11-05🔓Charge satisfied #3
- 1996-07-12➖STOCKTON, James Wardlaw resigneddirector
- 1996-05-31➕MITCHELL, John Gerald appointedsecretary
- 1996-05-31➖RAMCHANDANI, Gulab Nanikram resignedsecretary
- 1996-05-31➕COOPER, Terence Francis Charles appointeddirector
- 1996-05-31➕MITCHELL, John Gerald appointeddirector
- 1996-05-31➕MULVANEY, Gerald Owen appointeddirector
- 1996-05-31➖RAMCHANDANI, Gulab Nanikram resigneddirector
- 1991-01-14🔒Charge registered #5Lender: 3I Group Plcers as Definedfor Itself and as Agent and Trustee for the Lend
Showing most recent 50 of 55 events
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 86 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 2012-08-22
11 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-08-22: gazette-dissolved-liquidation; 2012-05-22: liquidation-voluntary-creditors-return-of-final-meeting
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.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
12 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
Incorporated1989-12-29
Jurisdictionengland-wales
Primary SIC5156 — SIC 5156
Registered office
The Chancery
58 Spring Gardens
Manchester
M2 1EW
Filing status
Accounts
Next due: —
Last made up to: 2008-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 11 resigned)
Active
MITCHELL, John Gerald→
Resignedsecretary · appointed 1996-05-31 · resigned 2008-09-30
RAMCHANDANI, Gulab Nanikram→
Resignedsecretary · resigned 1996-05-31
WELLINGS, Simon James→
Resignedsecretary · appointed 2008-09-30 · resigned 2009-12-22
BYFORD, John Peter→
Resigneddirector · ~84y · resigned 2001-05-02
COOPER, Terence Francis Charles→
Resigneddirector · ~76y · appointed 1996-05-31 · resigned 2004-10-31
MITCHELL, John Gerald→
Resigneddirector · ~69y · appointed 1996-05-31 · resigned 2008-09-30
MULVANEY, Gerald Owen→
Resigneddirector · ~76y · appointed 1996-05-31 · resigned 2004-08-12
RAMCHANDANI, Gulab Nanikram→
Resigneddirector · ~92y · resigned 1996-05-31
STOCKTON, James Wardlaw→
Resigneddirector · ~82y · resigned 1996-07-12
WELLINGS, Simon James→
Resigneddirector · ~59y · appointed 2008-09-30 · resigned 2009-12-22
WILLIAMS, Edward Gordon→
Resigneddirector · ~63y · appointed 2004-09-14 · resigned 2009-12-22
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Db Invoice Finance 12 Db Invoice Finance 12 Limited | Guarantee & debenture | 1 property | 07/12/2009 | — | |
| outstanding | Eurofactor (UK) Eurofactor (UK) Limited | All asset debenture | 1 property | 30/04/2009 | — | |
| satisfied | 3I Group Plcers as Definedfor Itself and as Agent and Trustee for the Lend | Guarantee and collateral debenture | 1 property | 14/01/1991 | 05/11/1997 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 14/01/1991 | 13/06/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 14/01/1991 | 05/11/1997 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 14/01/1991 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 14/01/1991 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (128 total)
gazette-dissolved-liquidation
gazette · GAZ2
2012-08-22
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2012-05-22
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-10-20
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · 2.34B
2010-08-26
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2010-07-27
change-registered-office-address-company-with-date-old-address
address · AD01
2010-06-28
liquidation-in-administration-result-creditors-meeting
insolvency · 2.23B
2010-03-04
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · 2.16B
2010-02-17
liquidation-in-administration-proposals
insolvency · 2.17B
2010-02-16
liquidation-in-administration-proposals
insolvency · 2.17B
2010-02-16
termination-secretary-company-with-name
officers · TM02
2010-01-25
termination-director-company-with-name
officers · TM01
2010-01-25
termination-director-company-with-name
officers · TM01
2010-01-25
resolution
resolution · RESOLUTIONS
2010-01-15
change-of-name-notice
change-of-name · CONNOT
2010-01-15