PHOTOPIC LIMITED

⚰️Wound downdissolved
02587937 · ltd · incorporated 1991-03-04
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 77). 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 (45/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
14 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
49
Multiple red flags — proceed with caution.
Signal strength
80
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 (19 events)Click to expand
  1. 2018-10-09
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2018-10-09
    🏁
    Company dissolved
  3. 2018-07-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 1994-09-23
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  5. 1994-04-20
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  6. 1993-10-22
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  7. 1993-04-27
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  8. 1992-03-16
    📄
    resolution
    resolution · RESOLUTIONS
  9. 1992-03-16
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · 4.20
  10. 1992-03-16
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  11. 1991-10-14
    📍
    legacy
    address · 287
  12. 1991-10-14
    📄
    legacy
    capital · 88(2)R
  13. 1991-10-14
    📄
    legacy
    accounts · 224
  14. 1991-03-12
    📄
    legacy
    officers · 288
  15. 1991-03-04
    🏢
    Company incorporated
    As PHOTOPIC LIMITED
  16. 1991-03-04
    C H REGISTRARS LIMITED appointed
    corporate-secretary
  17. 1991-03-04
    LEWIS, Beverley Holford appointed
    director
  18. 1991-03-04
    LEWIS, Terence appointed
    director
  19. 1991-03-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

96/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 35 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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 ·
Company dissolved
high

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

Evidence: Dissolved on 2018-10-09

6 insolvency-related filings on record
high

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

Evidence: 1994-09-23: liquidation-voluntary-statement-of-receipts-and-payments; 1994-04-20: liquidation-voluntary-statement-of-receipts-and-payments

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusdissolved
Typeltd
Incorporated1991-03-04
Jurisdictionengland-wales
Primary SIC

Registered office

19 York Road
Maidenhead
Berks
SL6 1SQ

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

C H REGISTRARS LIMITED
corporate-secretary · appointed 1991-03-04
View their other companies + combined net worth →
Active
LEWIS, Beverley Holford
director · ~73y · appointed 1991-03-04
View their other companies + combined net worth →
Active
LEWIS, Terence
director · ~77y · appointed 1991-03-04
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

gazette-dissolved-compulsory
gazette · GAZ2
2018-10-09
gazette-notice-compulsory
gazette · GAZ1
2018-07-24
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1994-09-23
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1994-04-20
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1993-10-22
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1993-04-27
resolution
resolution · RESOLUTIONS
1992-03-16
liquidation-voluntary-statement-of-affairs
insolvency · 4.20
1992-03-16
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
1992-03-16
legacy
address · 287
1991-10-14
legacy
capital · 88(2)R
1991-10-14
legacy
accounts · 224
1991-10-14
legacy
officers · 288
1991-03-12
incorporation-company
incorporation · NEWINC
1991-03-04