FORMATION SOFTWARE LIMITED

⚰️Wound downdissolved
02678293 · ltd · incorporated 1992-01-16
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
50/100
Worth a look
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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
17 officers (4 active, 17 linked, 10 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
108 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
75
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 (57 events)Click to expand
  1. 2014-11-05
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2014-11-05
    🏁
    Company dissolved
  3. 2014-08-05
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · 4.71
  4. 2014-02-07
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · 4.70
  5. 2014-02-07
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  6. 2014-02-07
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2013-12-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2013-08-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2013-04-19
    📄
    auditors-resignation-company
    auditors · AUD
  10. 2013-03-26
    📄
    appoint-person-director-company-with-name
    officers · AP01
  11. 2013-03-26
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  12. 2013-03-25
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  13. 2013-03-25
    📄
    termination-director-company-with-name
    officers · TM01
  14. 2013-03-25
    📄
    appoint-person-director-company-with-name
    officers · AP01
  15. 2013-03-25
    📄
    appoint-person-director-company-with-name
    officers · AP01
  16. 2013-03-25
    📄
    termination-director-company-with-name
    officers · TM01
  17. 2013-03-25
    📄
    termination-director-company-with-name
    officers · TM01
  18. 2013-03-25
    📄
    termination-secretary-company-with-name
    officers · TM02
  19. 2013-03-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  20. 2013-03-07
    WILLIAMS, Denise appointed
    secretary
  21. 2013-03-07
    FIRTH, Barbara Ann appointed
    director
  22. 2013-03-07
    GIBSON, Paul David appointed
    director
  23. 2013-03-07
    MURRIA, Vinodka appointed
    director
  24. 2013-03-07
    ROBERTS, Neal Anthony resigned
    secretary
  25. 2013-03-07
    CROMPTON, Kerry Jane resigned
    director
  26. 2013-03-07
    PREEDY, Richard Ian resigned
    director
  27. 2013-03-07
    ROBERTS, Neal Anthony resigned
    director
  28. 2013-01-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 2012-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  30. 2012-08-28
    📄
    appoint-person-director-company-with-name
    officers · AP01
  31. 2012-08-15
    PREEDY, Richard Ian appointed
    director
  32. 2012-05-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  33. 2012-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  34. 2012-05-11
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  35. 2012-02-10
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  36. 2011-03-01
    CROMPTON, Kerry Jane appointed
    director
  37. 2011-03-01
    LEUW, Martin Philip resigned
    director
  38. 2009-10-01
    ROBERTS, Neal Anthony appointed
    secretary
  39. 2009-08-14
    SHEIKH, Samina resigned
    secretary
  40. 2009-08-14
    LEUW, Martin Philip appointed
    director
  41. 2009-08-14
    RANDALL, David resigned
    director
  42. 2009-08-14
    ROBERTS, Neal Anthony appointed
    director
  43. 2005-11-01
    FORD, Helen Rowena Jane resigned
    secretary
  44. 2005-11-01
    SHEIKH, Samina appointed
    secretary
  45. 2005-10-31
    FORD, Helen Rowena Jane resigned
    director
  46. 2004-01-09
    HACKER, Timothy resigned
    director
  47. 2002-11-01
    FORD, Helen Rowena Jane appointed
    secretary
  48. 2002-11-01
    STREETLY, Susan Maria resigned
    secretary
  49. 2002-05-01
    HACKER, Timothy appointed
    director
  50. 1994-04-01
    FORD, Helen Rowena Jane appointed
    director
Showing most recent 50 of 57 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

83/100
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 74 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 34 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 2014-11-05

4 insolvency-related filings on record
high

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

Evidence: 2014-11-05: gazette-dissolved-liquidation; 2014-08-05: 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 →

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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
Incorporated1992-01-16
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Munro House
Portsmouth Road
Cobham
Surrey
KT11 1TF

Filing status

Accounts
Next due:
Last made up to: 2013-02-28
Confirmation statement
Next due:
Last:

Officers (0 active · 13 resigned)

WILLIAMS, Denise
secretary · appointed 2013-03-07
View their other companies + combined net worth →
Active
FIRTH, Barbara Ann
director · ~74y · appointed 2013-03-07
View their other companies + combined net worth →
Active
GIBSON, Paul David
director · ~62y · appointed 2013-03-07
View their other companies + combined net worth →
Active
MURRIA, Vinodka
director · ~64y · appointed 2013-03-07
View their other companies + combined net worth →
Active
FORD, Helen Rowena Jane
secretary · appointed 2002-11-01 · resigned 2005-11-01
Resigned
ROBERTS, Neal Anthony
secretary · appointed 2009-10-01 · resigned 2013-03-07
Resigned
SHEIKH, Samina
secretary · appointed 2005-11-01 · resigned 2009-08-14
Resigned
STREETLY, Susan Maria
secretary · appointed 1992-01-29 · resigned 2002-11-01
Resigned
M W DOUGLAS & COMPANY LIMITED
corporate-nominee-secretary · appointed 1992-01-16 · resigned 1992-01-23
Resigned
CROMPTON, Kerry Jane
director · ~56y · appointed 2011-03-01 · resigned 2013-03-07
Resigned
FORD, Helen Rowena Jane
director · ~66y · appointed 1994-04-01 · resigned 2005-10-31
Resigned
HACKER, Timothy
director · ~68y · appointed 2002-05-01 · resigned 2004-01-09
Resigned
LEUW, Martin Philip
director · ~64y · appointed 2009-08-14 · resigned 2011-03-01
Resigned
PREEDY, Richard Ian
director · ~56y · appointed 2012-08-15 · resigned 2013-03-07
Resigned
RANDALL, David
director · ~60y · appointed 1992-01-29 · resigned 2009-08-14
Resigned
ROBERTS, Neal Anthony
director · ~68y · appointed 2009-08-14 · resigned 2013-03-07
Resigned
DOUGLAS NOMINEES LIMITED
corporate-nominee-director · appointed 1992-01-16 · resigned 1992-01-23
Resigned

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

Recent filings (108 total)

gazette-dissolved-liquidation
gazette · GAZ2
2014-11-05
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2014-08-05
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2014-02-07
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2014-02-07
resolution
resolution · RESOLUTIONS
2014-02-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-10
accounts-with-accounts-type-dormant
accounts · AA
2013-08-07
auditors-resignation-company
auditors · AUD
2013-04-19
appoint-person-director-company-with-name
officers · AP01
2013-03-26
appoint-person-secretary-company-with-name
officers · AP03
2013-03-26
change-registered-office-address-company-with-date-old-address
address · AD01
2013-03-25
termination-director-company-with-name
officers · TM01
2013-03-25
appoint-person-director-company-with-name
officers · AP01
2013-03-25
appoint-person-director-company-with-name
officers · AP01
2013-03-25
termination-director-company-with-name
officers · TM01
2013-03-25