02675288 LIMITED

⚰️Wound downliquidation
02675288 · ltd · incorporated 1992-01-06
Investment thesis
Company liquidation — 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
37/100
Watch
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 37/100 (watch), bankability 20/100. Strong seller-intent signal (78/100, director aged 82). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: low (49/100)

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
16 officers (3 active, 16 linked, 11 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
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 (34 events)Click to expand
  1. 2019-09-05
    ⚠️
    order-of-court-restoration-previously-creditors-voluntary-liquidation
    insolvency · REST-CVL
  2. 2019-09-05
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2005-06-01
    FEREDAY, Michael David appointed
    secretary
  4. 2005-05-31
    MANDER, Darren resigned
    secretary
  5. 2001-09-14
    DAVIS, Martin Edward resigned
    director
  6. 2001-09-14
    TIMMINS, John William resigned
    director
  7. 2001-05-15
    HICKMAN, Michael resigned
    director
  8. 2001-05-15
    WEBB, Keith resigned
    director
  9. 2000-08-03
    SWINNERTON, Anthony William resigned
    director
  10. 2000-07-26
    POOLE, Nicholas David resigned
    director
  11. 1999-04-19
    COCKS, Alan resigned
    director
  12. 1999-04-19
    HICKMAN, Michael appointed
    director
  13. 1999-03-17
    TURNER, Stephen Paul resigned
    director
  14. 1998-11-06
    DAVIS, Martin Edward appointed
    director
  15. 1998-11-06
    TURNER, Stephen Paul appointed
    director
  16. 1998-11-05
    SWINNERTON, Anthony William appointed
    director
  17. 1998-08-05
    FEREDAY, Michael David appointed
    director
  18. 1998-08-05
    WEBB, Keith appointed
    director
  19. 1998-06-01
    COCKS, Alan appointed
    director
  20. 1998-06-01
    HUMPHRIES, John Michael resigned
    director
  21. 1998-06-01
    POOLE, Nicholas David appointed
    director
  22. 1998-06-01
    TIMMINS, John William appointed
    director
  23. 1996-04-17
    HUMPHRIES, John Michael resigned
    secretary
  24. 1996-04-17
    MANDER, Darren appointed
    secretary
  25. 1995-01-01
    📄
    selection-of-mortgage-documents-registered-before-January-1995
    historical · PRE95M
  26. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  27. 1993-03-12
    ATKINS, Ronald Harry appointed
    director
  28. 1993-03-12
    HUMPHRIES, John Michael appointed
    secretary
  29. 1993-03-12
    PINSENT MASONS DIRECTOR LIMITED resigned
    corporate-nominee-secretary
  30. 1993-03-12
    HUMPHRIES, John Michael appointed
    director
  31. 1993-03-12
    PINSENT MASONS DIRECTOR LIMITED resigned
    corporate-nominee-director
  32. 1992-01-06
    🏢
    Company incorporated
    As 02675288 LIMITED
  33. 1992-01-02
    PINSENT MASONS DIRECTOR LIMITED appointed
    corporate-nominee-secretary
  34. 1992-01-02
    PINSENT MASONS DIRECTOR LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

91/100
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 82 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 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2011-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-01-12

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

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

Evidence: 2019-09-05: order-of-court-restoration-previously-creditors-voluntary-liquidation

🔒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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🔒Tailored diligence questions

12 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.

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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.

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Company details

Statusliquidation
Typeltd
Incorporated1992-01-06
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499

Registered office

Davies Mayers Barnett Llp
Pillar House 113/115 Bath Rd
Cheltenham Gloucestershire
GL53 7LS

Filing status

Accounts
Next due: 2011-02-28OVERDUE
Last made up to: 2009-05-31
Confirmation statement
Next due: 2017-01-12OVERDUE
Last:

Officers (3 active · 13 resigned)

FEREDAY, Michael David
secretary · appointed 2005-06-01
View their other companies + combined net worth →
Active
ATKINS, Ronald Harry
director · ~82y · appointed 1993-03-12
View their other companies + combined net worth →
Active
FEREDAY, Michael David
director · ~64y · appointed 1998-08-05
View their other companies + combined net worth →
Active
HUMPHRIES, John Michael
secretary · appointed 1993-03-12 · resigned 1996-04-17
Resigned
MANDER, Darren
secretary · appointed 1996-04-17 · resigned 2005-05-31
Resigned
PINSENT MASONS DIRECTOR LIMITED
corporate-nominee-secretary · appointed 1992-01-02 · resigned 1993-03-12
Resigned
COCKS, Alan
director · ~82y · appointed 1998-06-01 · resigned 1999-04-19
Resigned
DAVIS, Martin Edward
director · ~69y · appointed 1998-11-06 · resigned 2001-09-14
Resigned
HICKMAN, Michael
director · ~59y · appointed 1999-04-19 · resigned 2001-05-15
Resigned
HUMPHRIES, John Michael
director · ~88y · appointed 1993-03-12 · resigned 1998-06-01
Resigned
POOLE, Nicholas David
director · ~63y · appointed 1998-06-01 · resigned 2000-07-26
Resigned
SWINNERTON, Anthony William
director · ~73y · appointed 1998-11-05 · resigned 2000-08-03
Resigned
TIMMINS, John William
director · ~61y · appointed 1998-06-01 · resigned 2001-09-14
Resigned
TURNER, Stephen Paul
director · ~65y · appointed 1998-11-06 · resigned 1999-03-17
Resigned
WEBB, Keith
director · ~70y · appointed 1998-08-05 · resigned 2001-05-15
Resigned
PINSENT MASONS DIRECTOR LIMITED
corporate-nominee-director · appointed 1992-01-02 · resigned 1993-03-12
Resigned

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

Recent filings (4 total)

order-of-court-restoration-previously-creditors-voluntary-liquidation
insolvency · REST-CVL
2019-09-05
certificate-change-of-name-company
change-of-name · CERTNM
2019-09-05
selection-of-mortgage-documents-registered-before-January-1995
historical · PRE95M
1995-01-01
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01