ISI DISTRIBUTION LTD
⚰️Wound downdissolved
02478802 · ltd · incorporated 1990-03-08
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: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 48/100 (watch), bankability 52/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 10 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
13 live charges · 10 lenders · oldest 27.5y
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 27.5 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
Data confidence
Overall: medium (60/100)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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
27 officers (4 active, 27 linked, 21 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
196 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 (96 events)Click to expand
- 2020-01-16⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2020-01-16🏁Company dissolved
- 2019-10-16⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2018-10-22⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2017-09-29⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2017-09-03⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2017-09-03📄resolutionresolution · RESOLUTIONS
- 2017-06-27📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2017-06-26📄legacycapital · SH20
- 2017-06-26⚠️legacyinsolvency · CAP-SS
- 2017-06-26📄resolutionresolution · RESOLUTIONS
- 2017-06-15📄auditors-resignation-companyauditors · AUD
- 2016-07-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-06-17📄accounts-with-accounts-type-fullaccounts · AA
- 2015-11-16📄resolutionresolution · RESOLUTIONS
- 2015-11-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-11-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-11-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-10-26➕GASS, Andrew appointeddirector
- 2015-10-26➕TUFFNAIL, Howard appointeddirector
- 2015-10-26➕WATTS, David appointeddirector
- 2015-06-29➖HUBBARD, Peter resigneddirector
- 2015-06-08📄accounts-with-accounts-type-fullaccounts · AA
- 2015-06-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-11-28➖ECCLESTON, Paul Andrew resigneddirector
- 2014-07-07📄accounts-with-accounts-type-fullaccounts · AA
- 2014-03-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-03-14📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2013-04-24➕OLLIS, Rachel Anne appointedsecretary
- 2013-03-20➖JAMES, Philip John resigneddirector
- 2012-11-21🔓Charge satisfied #13
- 2012-11-21🔓Charge satisfied #12
- 2012-11-21🔓Charge satisfied #11
- 2012-11-01➕HUBBARD, Peter appointeddirector
- 2012-11-01➕JAMES, Philip John appointeddirector
- 2012-11-01➖RIGBY, James Peter resigneddirector
- 2012-11-01➖RIGBY, Peter, Sir resigneddirector
- 2011-11-12🔓Charge satisfied #10
- 2011-11-04🔒Charge registered #13Lender: Hsbc Bank PLC
- 2011-11-04🔒Charge registered #12Lender: Hsbc Bank PLC
- 2011-11-04🔒Charge registered #11Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
- 2010-10-14🔒Charge registered #10Lender: Lloyds Tsb Commercial Finance Limited
- 2010-09-30➖FANE, Sean Paul resigneddirector
- 2010-08-06🔓Charge satisfied #9
- 2009-07-20➖JOHNSON, Ian Paul resignedsecretary
- 2009-07-20➕ECCLESTON, Paul Andrew appointeddirector
- 2009-07-20➖JOHNSON, Ian Paul resigneddirector
- 2009-07-20➖MACPHERSON, William Robert George resigneddirector
Showing most recent 50 of 96 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-01-16
6 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2020-01-16: gazette-dissolved-liquidation; 2019-10-16: liquidation-voluntary-members-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.
Group structure
Specialist Distribution Group (Sdg) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Specialist Distribution Group (Sdg) Ltd
Corporate parent · holds 75-100% shares
⬇
ISI DISTRIBUTION LTD
This company · 02478802
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Specialist Distribution Group (Sdg) Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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.
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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
Incorporated1990-03-08
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
Redwood 2 Crockford Lane
Chineham Business Park, Chineham
Basingstoke
Hampshire
RG24 8WQ
Filing status
Accounts
Next due: —
Last made up to: 2015-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 23 resigned)
OLLIS, Rachel Anne→
Activesecretary · appointed 2013-04-24
View their other companies + combined net worth →
GASS, Andrew→
Activedirector · ~62y · appointed 2015-10-26
View their other companies + combined net worth →
TUFFNAIL, Howard→
Activedirector · ~62y · appointed 2015-10-26
View their other companies + combined net worth →
WATTS, David→
Activedirector · ~56y · appointed 2015-10-26
View their other companies + combined net worth →
ARNETT, Edward Alan→
Resignedsecretary · appointed 1999-02-03 · resigned 1999-06-23
HYAMS, Mitchell Spencer→
Resignedsecretary · appointed 1999-06-23 · resigned 2007-07-10
JOHNSON, Ian Paul→
Resignedsecretary · appointed 2009-01-14 · resigned 2009-07-20
PENNELLS, John Richard→
Resignedsecretary · resigned 1999-02-03
TRAINER, Martin John→
Resignedsecretary · appointed 2007-07-10 · resigned 2009-01-14
ARNETT, Edward Alan→
Resigneddirector · ~72y · appointed 1998-05-14 · resigned 2001-04-17
CORNWALL, Douglas Charles→
Resigneddirector · ~93y · resigned 1995-03-31
ECCLESTON, Paul Andrew→
Resigneddirector · ~65y · appointed 2009-07-20 · resigned 2014-11-28
FANE, Sean Paul→
Resigneddirector · ~59y · appointed 1998-12-18 · resigned 2010-09-30
HERRON, Bonnie Lea→
Resigneddirector · ~78y · resigned 1998-05-14
HUBBARD, Peter→
Resigneddirector · ~66y · appointed 2012-11-01 · resigned 2015-06-29
HYAMS, Mitchell Spencer→
Resigneddirector · ~70y · appointed 1999-06-23 · resigned 2007-11-01
JAMES, Philip John→
Resigneddirector · ~56y · appointed 2012-11-01 · resigned 2013-03-20
JOHNSON, Ian Paul→
Resigneddirector · ~70y · appointed 2009-01-14 · resigned 2009-07-20
MACPHERSON, William Robert George→
Resigneddirector · ~63y · appointed 2008-06-06 · resigned 2009-07-20
MARTIN, Christian John→
Resigneddirector · ~72y · appointed 2007-10-29 · resigned 2009-07-20
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
0
Outstanding
0
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A fixed charge on book and other debts | 1 property | 04/11/2011 | 21/11/2012 | |
| satisfied | HSBC Hsbc Bank PLC | Legal assignment | 1 property | 04/11/2011 | 21/11/2012 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on purchased debts which fail to vest | 1 property | 04/11/2011 | 21/11/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 14/10/2010 | 12/11/2011 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed & floating charge | 1 property | 15/05/2009 | 06/08/2010 | |
| satisfied | The Governor and Company of the Bank of Ireland, as Security Trustee for the Finance Parties | Debenture | 1 property | 30/10/2007 | 09/05/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 03/06/2004 | 13/11/2007 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 15/11/2000 | 21/12/2005 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 02/11/2000 | 21/12/2005 | |
| satisfied | Isc (Guernsey) Isc (Guernsey) Limited | Debenture | 1 property | 05/05/1999 | 21/12/2005 | |
| satisfied | Isc (Guernsey) Isc (Guernsey) Limited | Debenture | 1 property | 03/02/1999 | 13/05/1999 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 28/01/1999 | 21/12/2001 | |
| satisfied | Euro Sales Finance Euro Sales Finance PLC | Debenture | 1 property | 21/12/1998 | 21/12/2001 |
Recent filings (196 total)
gazette-dissolved-liquidation
gazette · GAZ2
2020-01-16
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2019-10-16
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2018-10-22
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2017-09-29
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2017-09-03
resolution
resolution · RESOLUTIONS
2017-09-03
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2017-06-27
legacy
capital · SH20
2017-06-26
legacy
insolvency · CAP-SS
2017-06-26
resolution
resolution · RESOLUTIONS
2017-06-26
auditors-resignation-company
auditors · AUD
2017-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-07-19
accounts-with-accounts-type-full
accounts · AA
2016-06-17
resolution
resolution · RESOLUTIONS
2015-11-16