INDEPENDENT CLOTH CONVERTERS LIMITED
Opportunity 50/100 (worth a look), bankability 50/100. 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (18 events)Click to expand
- 2020-03-17📄gazette-dissolved-compulsorygazette · GAZ2
- 2020-03-17🏁Company dissolved
- 2019-12-31📄gazette-notice-compulsorygazette · GAZ1
- 1992-02-14⚠️legacyinsolvency · SPEC PEN
- 1992-01-24⚠️liquidation-compulsory-appointment-liquidatorinsolvency · 4.31
- 1991-10-10⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 1991-02-11📄resolutionresolution · RESOLUTIONS
- 1991-02-11📄legacyannual-return · 363x
- 1990-10-10📍legacyaddress · 190a
- 1990-10-10📍legacyaddress · 325a
- 1990-10-10📍legacyaddress · 353a
- 1990-02-08📄legacycapital · 88(2)R
- 1990-02-08📄legacyaccounts · 224
- 1990-01-16📄legacyofficers · 288
- 1990-01-16📄legacyofficers · 288
- 1990-01-16📍legacyaddress · 287
- 1990-01-08🏢Company incorporatedAs INDEPENDENT CLOTH CONVERTERS LIMITED
- 1990-01-08📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +No director turnover: Company is 36 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- 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 ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-03-17
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 1992-02-14: legacy; 1992-01-24: liquidation-compulsory-appointment-liquidator
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 · Transport & logistics · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A SLATER LOGISTICS LTD→ 13135294 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A.S.R TRANSPORT LTD→ 15398435 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALWOODLEY MAN AND VAN LTD→ 13376792 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AM VEHICLE SERVICES LTD→ 17045075 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AMBULANCE UK LIMITED→ 03881201 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AMK GP INTERNATIONAL LIMITED→ 16336410 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDREWS TRANSPORT LTD→ 10891181 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDRIUS TRANSPORT LTD→ 16721680 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANGLOEUROPEAN EXPRESS LIMITED→ 14600713 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ANTONPANN LIMITED→ 10228808 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| APPERLEY BRIDGE MARINA LTD→ 16775177 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AQ LOGISTICS LIMITED→ 02737122 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
10 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 →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
Registered office
Filing status
Officers (0 active · 0 resigned)
Click a director name to see their full track record across all companies.