FINTRADE TECHNOLOGIES LTD

⚰️Wound downdissolved
02552592 · ltd · incorporated 1990-10-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
🔔
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What this business does
Primary activity: SIC 2754
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 42/100. Strong seller-intent signal (75/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 13 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

16 live charges · 9 lenders · oldest 35.5y

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 35.5 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 75/100 (specialist).

Data confidence

Overall: low (46/100)

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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
21 officers (2 active, 21 linked, 14 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
149 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
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 (89 events)Click to expand
  1. 2010-08-05
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2010-08-05
    🏁
    Company dissolved
  3. 2008-08-20
    ⚠️
    liquidation-compulsory-defer-dissolution
    insolvency · L64.04
  4. 2008-08-20
    ⚠️
    liquidation-compulsory-completion
    insolvency · L64.07
  5. 2006-04-03
    📄
    miscellaneous
    miscellaneous · MISC
  6. 2006-04-03
    📄
    miscellaneous
    miscellaneous · MISC
  7. 2006-03-30
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  8. 2006-03-29
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  9. 2006-03-29
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  10. 2005-12-23
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  11. 2005-01-04
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  12. 2004-12-10
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · 2.24B
  13. 2004-12-10
    ⚠️
    liquidation-in-administration-move-to-creditors-voluntary-liquidation
    insolvency · 2.34B
  14. 2004-12-10
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · 2.23B
  15. 2004-11-23
    ⚠️
    liquidation-in-administration-proposals
    insolvency · 2.17B
  16. 2004-07-07
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · 2.24B
  17. 2004-04-05
    ⚠️
    liquidation-in-administration-statement-of-affairs
    insolvency · 2.16B
  18. 2004-03-24
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · 2.23B
  19. 2004-03-11
    ⚠️
    liquidation-in-administration-proposals
    insolvency · 2.17B
  20. 2003-12-24
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · 2.12B
  21. 2003-12-23
    📍
    legacy
    address · 287
  22. 2003-12-09
    📄
    legacy
    officers · 288b
  23. 2003-12-09
    📄
    legacy
    officers · 288b
  24. 2003-12-09
    📄
    legacy
    officers · 288b
  25. 2003-12-01
    ➖
    DRURY, Kenneth Malcolm resigned
    director
  26. 2003-12-01
    ➖
    LE ROUX, Allan resigned
    director
  27. 2003-12-01
    ➖
    MERRITT, Paul Henry resigned
    director
  28. 2003-11-07
    📄
    legacy
    annual-return · 363a
  29. 2003-10-06
    📄
    legacy
    officers · 288c
  30. 2003-01-01
    ➕
    ARM SECRETARIES LIMITED appointed
    corporate-secretary
  31. 2003-01-01
    ➖
    DRURY, Kenneth Malcolm resigned
    secretary
  32. 2002-08-21
    ➕
    VERMAAK, Gerhardus appointed
    director
  33. 2002-08-21
    ➕
    DRURY, Kenneth Malcolm appointed
    secretary
  34. 2002-08-21
    ➖
    EVANS, Lyn resigned
    secretary
  35. 2002-08-03
    🔓
    Charge satisfied #15
  36. 2002-08-03
    🔓
    Charge satisfied #14
  37. 2002-08-03
    🔓
    Charge satisfied #13
  38. 2002-08-03
    🔓
    Charge satisfied #12
  39. 2002-08-03
    🔓
    Charge satisfied #11
  40. 2002-07-22
    🔒
    Charge registered #16
    Lender: The Royal Bank of Scotland PLC
  41. 2002-07-20
    ➕
    DRURY, Kenneth Malcolm appointed
    director
  42. 2002-07-20
    ➕
    LE ROUX, Allan appointed
    director
  43. 2001-04-06
    🔒
    Charge registered #15
    Lender: The Governor and Company of the Bank of Scotland
  44. 2000-08-16
    🔒
    Charge registered #14
    Lender: The Governor and Company of the Bank of Scotland
  45. 1999-06-15
    ➖
    NOAKES, Bernard resigned
    director
  46. 1998-12-07
    ➕
    EVANS, Lyn appointed
    secretary
  47. 1998-09-30
    ➖
    DEELEY, Michael David resigned
    director
  48. 1998-09-07
    ➖
    DAVIES, Stephen Raymond resigned
    secretary
  49. 1998-09-07
    ➖
    DAVIES, Stephen Raymond resigned
    director
  50. 1998-09-07
    ➖
    LINDSAY, Antony Dennis resigned
    director
Showing most recent 50 of 89 events

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

2 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2010-08-05

17 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2010-08-05: gazette-dissolved-liquidation; 2008-08-20: liquidation-compulsory-defer-dissolution

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1990-10-26
Jurisdictionengland-wales
Primary SIC2754 — SIC 2754

Registered office

Kings Wharf
20-30 Kings Road
Reading
Berkshire
RG1 3EX

Filing status

Accounts
Next due: —
Last made up to: 2002-06-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 19 resigned)

ARM SECRETARIES LIMITED→
corporate-secretary · appointed 2003-01-01
View their other companies + combined net worth →
Active
VERMAAK, Gerhardus→
director · ~60y · appointed 2002-08-21
View their other companies + combined net worth →
Active
BELL, Paul Harrison→
secretary · appointed 1994-06-23 · resigned 1994-11-18
Resigned
DAVIES, Stephen Raymond→
secretary · appointed 1996-12-13 · resigned 1998-09-07
Resigned
DRURY, Kenneth Malcolm→
secretary · appointed 2002-08-21 · resigned 2003-01-01
Resigned
EVANS, Lyn→
secretary · appointed 1998-12-07 · resigned 2002-08-21
Resigned
HERSCH, Benson Selwyn→
secretary · resigned 1994-06-23
Resigned
LINLEY, Andrew Northam→
secretary · appointed 1994-11-18 · resigned 1996-12-13
Resigned
BELL, Paul Harrison→
director · ~80y · appointed 1994-06-23 · resigned 1998-04-30
Resigned
COOK, Peter George→
director · ~74y · appointed 1993-10-25 · resigned 1994-06-23
Resigned
DAVIES, Stephen Raymond→
director · ~74y · appointed 1996-12-13 · resigned 1998-09-07
Resigned
DEELEY, Michael David→
director · ~79y · resigned 1998-09-30
Resigned
DRURY, Kenneth Malcolm→
director · ~82y · appointed 2002-07-20 · resigned 2003-12-01
Resigned
DYNE, Ronald Irvin→
director · ~73y · resigned 1993-06-21
Resigned
LE ROUX, Allan→
director · ~62y · appointed 2002-07-20 · resigned 2003-12-01
Resigned
LINDSAY, Antony Dennis→
director · ~74y · resigned 1998-09-07
Resigned
LINLEY, Andrew Northam→
director · ~66y · resigned 1996-12-13
Resigned
MERRITT, Paul Henry→
director · ~78y · resigned 2003-12-01
Resigned
NOAKES, Bernard→
director · ~86y · resigned 1999-06-15
Resigned
SCHLOSBERG, Hilton Hiller→
director · ~74y · resigned 1994-06-23
Resigned

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

Mortgages & charges

16
Total charges
1
Outstanding
1
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property22/07/2002—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Account charge1 property06/04/200103/08/2002
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property16/08/200003/08/2002
satisfied
Royscot Industrial Leasing / Royscot Commercial Leasing . / Royscot Leasing . / Royscot Trust / Royscot Spa Leasing
Royscot Industrial Leasing LTD / Royscot Commercial Leasing LTD. / Royscot Leasing LTD. / Royscot Trust PLC / Royscot Spa Leasing Limited
Fixed charge1 property17/03/199803/08/2002
satisfied
The British Linen Bank
The British Linen Bank Limited
Composite guarantee and debenture1 property22/01/199703/08/2002
satisfied
Must Screens Bv
Group cross-guarantee indemnity and debenture1 property22/01/199703/08/2002
satisfied
The British Linen Bank
The British Linen Bank Limited
Chattel mortgage1 property28/02/199531/01/1997
satisfied
The British Linen Bank
The British Linen Bank Limited
Chattel mortgage1 property28/04/199431/01/1997
satisfied
Meespierson N.V.
Debenture1 property23/07/199331/01/1997
satisfied
The British Linen Bank
The British Linen Bank Limited
Debenture1 property23/07/199331/01/1997
satisfied
The British Linen Bank
The British Linen Bank Limited
Chattel mortgage1 property23/07/199331/01/1997
satisfied
Allied Trust Bank
Allied Trust Bank Limited
Legal charge1 property08/04/199306/02/1996
satisfied
Allied Trust Bank
Allied Trust Bank Limited
Legal charge1 property08/04/199306/02/1996
satisfied
Swiss Bank Corporation
Legal charge1 property31/07/199127/07/1993
satisfied
Swiss Bank Corporation
Swiss Bank Corporation PLC
Legal charge1 property31/07/199127/07/1993
satisfied
Swiss Bank Corporation
Fixed and floating charge1 property12/01/199127/07/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (149 total)

gazette-dissolved-liquidation
gazette · GAZ2
2010-08-05
liquidation-compulsory-defer-dissolution
insolvency · L64.04
2008-08-20
liquidation-compulsory-completion
insolvency · L64.07
2008-08-20
miscellaneous
miscellaneous · MISC
2006-04-03
miscellaneous
miscellaneous · MISC
2006-04-03
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2006-03-30
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2006-03-29
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2006-03-29
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
2005-12-23
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2005-01-04
liquidation-in-administration-progress-report
insolvency · 2.24B
2004-12-10
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · 2.34B
2004-12-10
liquidation-in-administration-result-creditors-meeting
insolvency · 2.23B
2004-12-10
liquidation-in-administration-proposals
insolvency · 2.17B
2004-11-23
liquidation-in-administration-progress-report
insolvency · 2.24B
2004-07-07