BT FINANCE (LEASING) NO. 2 LIMITED
⚰️Wound downdissolved
02634520 · ltd · incorporated 1991-08-02
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
52/100
Worth a look
What this business does
Primary activity: SIC 6523
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 50/100. Strong seller-intent signal (65/100, director aged 61). 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 (50/100). Current lenders should be on monthly review.
Data confidence
Overall: low (52/100)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
Confirmed no charges registered
85
Directors & officers
32 officers (4 active, 32 linked, 23 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
132 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
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 (87 events)Click to expand
- 2010-09-28⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-09-28🏁Company dissolved
- 2010-06-28⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2010-04-30⚠️liquidation-court-order-miscellaneousinsolvency · LIQ MISC OC
- 2010-04-30⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2010-04-30⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2010-04-14⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-04-21📄legacyofficers · 288c
- 2009-04-04📍legacyaddress · 287
- 2009-04-03📄legacyofficers · 288c
- 2009-04-02⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2009-04-02⚠️liquidation-resolution-miscellaneousinsolvency · LIQ MISC RES
- 2009-04-02📄resolutionresolution · RESOLUTIONS
- 2009-04-02⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2009-02-10📄legacyannual-return · 363a
- 2009-01-13📄accounts-with-accounts-type-fullaccounts · AA
- 2008-02-01📄legacyannual-return · 363a
- 2008-01-30📄legacyofficers · 288b
- 2008-01-17➖THOMPSON, Peter Gordon resigneddirector
- 2007-09-06📄accounts-with-accounts-type-fullaccounts · AA
- 2007-06-29➖VASUDEVA, Nicholas Shashi resigneddirector
- 2007-06-29📄legacyofficers · 288b
- 2007-01-31📄legacyannual-return · 363a
- 2006-09-13📄accounts-with-accounts-type-fullaccounts · AA
- 2006-09-07📄legacyofficers · 288c
- 2006-04-13📄legacyofficers · 288c
- 2006-04-13📄legacyofficers · 288b
- 2006-03-20➖SHORT, Edward Francis Germor resigneddirector
- 2006-02-21📄legacyannual-return · 363a
- 2005-05-13➕BARTLETT, Andrew William appointedsecretary
- 2005-05-13➕RUTHERFORD, Adam Paul appointedsecretary
- 2005-05-13➖BURTON, Jennifer Sandra resignedsecretary
- 2005-03-17➖FLETCHER, Edward Michael resignedsecretary
- 2004-12-14➖SHAH, Rumit resigneddirector
- 2004-10-31➖OSWALD JACOBS, John James resigneddirector
- 2004-10-04➕BURTON, Jennifer Sandra appointedsecretary
- 2004-09-09➕SIVANITHY, Rajanbabu appointeddirector
- 2004-09-09➕THOMPSON, Peter Gordon appointeddirector
- 2004-06-25➖BERRY, John Charles resigneddirector
- 2004-06-25➕VASUDEVA, Nicholas Shashi appointeddirector
- 2001-10-22➕SHAH, Rumit appointeddirector
- 2001-08-20➕BERRY, John Charles appointeddirector
- 2001-08-20➕OSWALD JACOBS, John James appointeddirector
- 2001-07-23➖HOGARTH, David resigneddirector
- 2001-07-02➖BERRY, John Charles resigneddirector
- 2001-07-02➖BLASE, Steven Wim resigneddirector
- 2001-07-02➖GASSON, Thomas resigneddirector
- 2001-06-30➖CROSS, James Stephen resigneddirector
- 2001-06-01➖BARTLETT, Andrew William resignedsecretary
- 2001-06-01➕FLETCHER, Edward Michael appointedsecretary
Showing most recent 50 of 87 events
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-09-28
9 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-09-28: gazette-dissolved-liquidation; 2010-06-28: liquidation-voluntary-members-return-of-final-meeting
🔒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 →Similar companies
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|---|---|---|---|---|---|---|---|
| AURORA UNDERWRITING (1997) LIMITED→ 03431418 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AUTOMINT IO LIMITED→ 16949906 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AVALON INVESTMENT SERVICES (NOMINEES) LIMITED→ 03826842 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AVIVA INTERNATIONAL INSURANCE LIMITED→ 00021487 · est 1885 · no financials extracted | — | — | — | — | 140y | — | — |
| AWE FINANCE LIMITED→ 11296999 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AXA GLOBAL HEALTHCARE (UK) LIMITED→ 03039521 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| AXI DIGITAL (UK) LIMITED→ 14613945 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AXIOMA EUROPE LTD→ 11447632 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AXIS MANAGING AGENCY LTD.→ 08702952 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AXIS SPECIALTY FINANCE PLC→ 08831330 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AXPO UK TRADING LIMITED→ 06600992 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AXXELTROVA LIMITED→ 10016621 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated1991-08-02
Jurisdictionengland-wales
Primary SIC6523 — SIC 6523
Registered office
Kpmg Restructuring
8 Salisbury Square
London
EC4Y 8BB
Filing status
Accounts
Next due: —
Last made up to: 2007-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 28 resigned)
BARTLETT, Andrew William→
Activesecretary · appointed 2005-05-13
View their other companies + combined net worth →
RUTHERFORD, Adam Paul→
Activesecretary · appointed 2005-05-13
View their other companies + combined net worth →
SIVANITHY, Rajanbabu→
Activedirector · ~59y · appointed 2004-09-09
View their other companies + combined net worth →
THOMAS, David Kenyon→
Activedirector · ~61y · appointed 1999-07-07
View their other companies + combined net worth →
BARTLETT, Andrew William→
Resignedsecretary · appointed 2001-01-05 · resigned 2001-06-01
BURTON, Jennifer Sandra→
Resignedsecretary · appointed 2004-10-04 · resigned 2005-05-13
CLARK, Giles Sebastian→
Resignedsecretary · appointed 1999-07-07 · resigned 2000-04-01
FLETCHER, Edward Michael→
Resignedsecretary · appointed 2001-06-01 · resigned 2005-03-17
JOHNSON, Ian→
Resignedsecretary · appointed 1991-08-02 · resigned 1999-01-14
NAUGHTON-DOE, Andrew Henry John→
Resignedsecretary · appointed 1999-01-14 · resigned 1999-08-31
PRESTON, Stuart→
Resignedsecretary · appointed 2000-04-01 · resigned 2001-01-05
AUSTIN, Clive Alan→
Resigneddirector · ~69y · appointed 1998-07-01 · resigned 1999-01-14
BARHAM, Bernard Frank→
Resigneddirector · ~93y · appointed 1991-08-02 · resigned 1993-07-26
BERRY, John Charles→
Resigneddirector · ~59y · appointed 2001-08-20 · resigned 2004-06-25
BERRY, John Charles→
Resigneddirector · ~59y · appointed 1999-01-14 · resigned 2001-07-02
BLASE, Steven Wim→
Resigneddirector · ~60y · appointed 1999-01-14 · resigned 2001-07-02
CORNER, Robin→
Resigneddirector · ~85y · appointed 1991-08-02 · resigned 1997-07-31
CROSS, James Stephen→
Resigneddirector · ~77y · appointed 1999-01-14 · resigned 2001-06-30
FEENEY, Peter→
Resigneddirector · ~63y · appointed 1999-02-17 · resigned 1999-07-28
GASSON, Thomas→
Resigneddirector · ~61y · appointed 1999-01-14 · resigned 2001-07-02
Click a director name to see their full track record across all companies.
Recent filings (132 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-09-28
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2010-06-28
liquidation-court-order-miscellaneous
insolvency · LIQ MISC OC
2010-04-30
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2010-04-30
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2010-04-30
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-04-14
legacy
officers · 288c
2009-04-21
legacy
address · 287
2009-04-04
legacy
officers · 288c
2009-04-03
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2009-04-02
liquidation-resolution-miscellaneous
insolvency · LIQ MISC RES
2009-04-02
resolution
resolution · RESOLUTIONS
2009-04-02
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2009-04-02
legacy
annual-return · 363a
2009-02-10
accounts-with-accounts-type-full
accounts · AA
2009-01-13