SPECIAL PROJECTS SECURITY LIMITED

⚰️Wound downdissolved
02459316 · ltd · incorporated 1990-01-12
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 30.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 30.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 4 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
67
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 (46 events)Click to expand
  1. 2022-07-12
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-07-12
    🏁
    Company dissolved
  3. 2022-04-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-04-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-04-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-11-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-01-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-02-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-01-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-12-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-01-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-01-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-02-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-01-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2013-01-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-10-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2012-02-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2010-04-27
    ➖
    HALLIGAN, Michael James resigned
    secretary
  23. 2010-04-27
    ➖
    HALLIGAN, Michael James resigned
    director
  24. 2009-01-15
    ➕
    HALLIGAN, Michael James appointed
    secretary
  25. 2009-01-15
    ➖
    MCKEAN, Gerard Stephen resigned
    secretary
  26. 2007-05-16
    ➕
    MCKEAN, Gerard Stephen appointed
    secretary
  27. 2007-05-16
    ➖
    WEBSTER, Stanley resigned
    secretary
  28. 2007-03-31
    ➕
    WEBSTER, Stanley appointed
    secretary
  29. 2007-03-30
    ➖
    GRIFFIN, Vicky resigned
    secretary
  30. 2006-11-06
    ➕
    GRIFFIN, Vicky appointed
    secretary
  31. 2006-11-06
    ➖
    HACKNEY, Stephen Peter resigned
    secretary
  32. 2006-11-06
    ➖
    HACKNEY, Stephen Peter resigned
    director
  33. 2004-03-05
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  34. 2003-11-08
    🔓
    Charge satisfied #1
  35. 2002-09-10
    ➕
    KIRKLAND, Darrell Henry appointed
    director
  36. 2002-09-10
    ➕
    HACKNEY, Stephen Peter appointed
    secretary
  37. 2002-09-10
    ➖
    KELLY, Mark resigned
    secretary
  38. 2002-09-10
    ➕
    HACKNEY, Stephen Peter appointed
    director
  39. 2002-09-10
    ➕
    HALLIGAN, Michael James appointed
    director
  40. 2002-09-10
    ➖
    KELLY, Michael Thomas resigned
    director
  41. 2001-09-14
    ➖
    HACKNEY, Stephen Peter resigned
    secretary
  42. 2001-09-14
    ➕
    KELLY, Mark appointed
    secretary
  43. 1995-12-18
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  44. 1993-05-05
    ➕
    HACKNEY, Stephen Peter appointed
    secretary
  45. 1993-05-05
    ➖
    LIGHTBURN, Trevor resigned
    secretary
  46. 1990-01-12
    🏢
    Company incorporated
    As SPECIAL PROJECTS SECURITY LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2022-07-12

Group structure

Controlled Event Solutions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Controlled Event Solutions Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
SPECIAL PROJECTS SECURITY LIMITED
This company · 02459316

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Controlled Event Solutions Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
Mr Darrell Henry Kirkland
Individual · British · DOB 06/1960 · age 66
——board controlboard control06/04/2016

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 →

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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
Incorporated1990-01-12
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

Unit 13a & 13b
United Trading Estate
Old Trafford
Manchester
M16 0RJ

Filing status

Accounts
Next due: —
Last made up to: 2021-05-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 11 resigned)

KIRKLAND, Darrell Henry→
director · ~66y · appointed 2002-09-10
View their other companies + combined net worth →
Active
GRIFFIN, Vicky→
secretary · appointed 2006-11-06 · resigned 2007-03-30
Resigned
HACKNEY, Stephen Peter→
secretary · appointed 2002-09-10 · resigned 2006-11-06
Resigned
HACKNEY, Stephen Peter→
secretary · appointed 1993-05-05 · resigned 2001-09-14
Resigned
HALLIGAN, Michael James→
secretary · appointed 2009-01-15 · resigned 2010-04-27
Resigned
KELLY, Mark→
secretary · appointed 2001-09-14 · resigned 2002-09-10
Resigned
LIGHTBURN, Trevor→
secretary · resigned 1993-05-05
Resigned
MCKEAN, Gerard Stephen→
secretary · appointed 2007-05-16 · resigned 2009-01-15
Resigned
WEBSTER, Stanley→
secretary · appointed 2007-03-31 · resigned 2007-05-16
Resigned
HACKNEY, Stephen Peter→
director · ~71y · appointed 2002-09-10 · resigned 2006-11-06
Resigned
HALLIGAN, Michael James→
director · ~69y · appointed 2002-09-10 · resigned 2010-04-27
Resigned
KELLY, Michael Thomas→
director · ~78y · resigned 2002-09-10
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property05/03/2004—
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property18/12/199508/11/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (110 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-07-12
gazette-notice-voluntary
gazette · GAZ1(A)
2022-04-26
dissolution-application-strike-off-company
dissolution · DS01
2022-04-13
gazette-notice-compulsory
gazette · GAZ1
2022-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2019-01-11
accounts-with-accounts-type-dormant
accounts · AA
2018-10-08
accounts-with-accounts-type-dormant
accounts · AA
2018-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2018-01-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2017-02-08