PROFESSIONAL TAX PRACTICE LIMITED

⚰️Wound downdissolved
02704284 · ltd · incorporated 1992-04-07
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
60/100
Worth a look
🔔
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What this business does
Primary activity: Tax consultancy
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 62). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 19.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 19.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
27 officers (2 active, 27 linked, 19 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
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 (85 events)Click to expand
  1. 2018-04-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-04-24
    🏁
    Company dissolved
  3. 2018-02-06
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-01-29
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2017-10-20
    🔓
    Charge satisfied #4
  7. 2017-02-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2016-11-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2016-11-07
    MORTIMER-ZHIKA, Elona, Ms. appointed
    director
  10. 2016-10-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2016-09-28
    LEWIS, Mark Jonathan resigned
    director
  12. 2016-02-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2016-01-12
    ROBINSON, Phillip David resigned
    director
  14. 2016-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2015-12-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2015-12-01
    DADY, Kevin Peter appointed
    director
  17. 2015-12-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-09-07
    📄
    memorandum-articles
    incorporation · MA
  19. 2015-09-07
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2015-09-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2015-08-21
    🔒
    Charge registered #4
    Lender: The Governor & Company of the Bank of Ireland
  22. 2015-02-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2014-11-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2014-02-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2014-01-31
    📄
    appoint-person-director-company-with-name
    officers · AP01
  26. 2014-01-31
    📄
    termination-director-company-with-name
    officers · TM01
  27. 2014-01-28
    DISCOMBE, Nicholas Sanders resigned
    director
  28. 2014-01-28
    LEWIS, Mark Jonathan appointed
    director
  29. 2013-11-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  30. 2013-10-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  31. 2013-07-25
    📄
    appoint-person-director-company-with-name
    officers · AP01
  32. 2013-07-25
    📄
    termination-director-company-with-name
    officers · TM01
  33. 2013-05-31
    DISCOMBE, Nicholas Sanders appointed
    director
  34. 2013-05-31
    MARNOCH, Alasdair resigned
    director
  35. 2012-07-24
    DISCOMBE, Nicholas Sanders resigned
    director
  36. 2012-07-24
    MARNOCH, Alasdair appointed
    director
  37. 2012-05-31
    DISCOMBE, Nicholas Sanders appointed
    director
  38. 2012-05-14
    ALI, Mansoor Anwar resigned
    director
  39. 2012-01-25
    🔓
    Charge satisfied #3
  40. 2011-12-21
    ROBERTS, Neal Anthony resigned
    secretary
  41. 2011-12-21
    ALI, Mansoor Anwar appointed
    director
  42. 2011-12-21
    CROMPTON, Kerry Jane resigned
    director
  43. 2011-12-21
    ROBERTS, Neal Anthony resigned
    director
  44. 2011-12-21
    ROBINSON, Phillip David appointed
    director
  45. 2011-03-01
    CROMPTON, Kerry Jane appointed
    director
  46. 2011-03-01
    LEUW, Martin Philip resigned
    director
  47. 2010-12-08
    VELUSSI, Luca resigned
    director
  48. 2009-03-11
    ROBERTS, Neal Anthony appointed
    secretary
  49. 2009-02-20
    CHALLINGER, Sara resigned
    secretary
  50. 2008-03-14
    VELUSSI, Luca appointed
    director
Showing most recent 50 of 85 events

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2018-04-24

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.

Group structure

Iris Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Iris Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
PROFESSIONAL TAX PRACTICE LIMITED
This company · 02704284

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Iris Group Limited
Corporate entity
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

7 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
Incorporated1992-04-07
Jurisdictionengland-wales
Primary SIC69203 — Tax consultancy

Registered office

Riding Court House
Riding Court Road
Datchet
Berkshire
SL3 9JT

Filing status

Accounts
Next due:
Last made up to: 2016-04-30
Confirmation statement
Next due:
Last:

Officers (0 active · 25 resigned)

DADY, Kevin Peter
director · ~62y · appointed 2015-12-01
View their other companies + combined net worth →
Active
MORTIMER-ZHIKA, Elona, Ms.
director · ~47y · appointed 2016-11-07
View their other companies + combined net worth →
Active
CHALLINGER, Sara
secretary · appointed 2007-07-24 · resigned 2009-02-20
Resigned
DASEY, David Francis
secretary · appointed 2002-09-27 · resigned 2006-04-07
Resigned
GOOD, Richard Thomas
secretary · appointed 1998-01-09 · resigned 2002-09-27
Resigned
MAYHEW, Steven John
secretary · appointed 1992-04-07 · resigned 1998-01-09
Resigned
PEDDIE, David George
secretary · appointed 2006-04-07 · resigned 2006-10-06
Resigned
PREEDY, Richard Ian
secretary · appointed 2006-10-06 · resigned 2007-07-23
Resigned
ROBERTS, Neal Anthony
secretary · appointed 2009-03-11 · resigned 2011-12-21
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1992-04-07 · resigned 1992-04-07
Resigned
ALI, Mansoor Anwar
director · ~70y · appointed 2011-12-21 · resigned 2012-05-14
Resigned
BIRKETT, Simon James
director · ~71y · appointed 1995-02-01 · resigned 2006-10-06
Resigned
CROMPTON, Kerry Jane
director · ~56y · appointed 2011-03-01 · resigned 2011-12-21
Resigned
DISCOMBE, Nicholas Sanders
director · ~64y · appointed 2013-05-31 · resigned 2014-01-28
Resigned
DISCOMBE, Nicholas Sanders
director · ~64y · appointed 2012-05-31 · resigned 2012-07-24
Resigned
GOOD, Richard Thomas
director · ~72y · appointed 1998-01-09 · resigned 2002-09-27
Resigned
GOOD, Timothy James
director · ~72y · appointed 1992-04-07 · resigned 2006-10-06
Resigned
GOTCH, Andrew Michael Sidney
director · ~69y · appointed 1995-02-01 · resigned 2007-09-17
Resigned
LEUW, Martin Philip
director · ~64y · appointed 2006-10-06 · resigned 2011-03-01
Resigned
LEWIS, Mark Jonathan
director · ~61y · appointed 2014-01-28 · resigned 2016-09-28
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
The Governor & Company of the Bank of Ireland
A registered charge1 property21/08/201520/10/2017
satisfied
Citibank N.A.,London as Security Trustee
Debenture1 property02/10/200725/01/2012
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC (The "Security Trustee")
Debenture1 property28/02/200716/10/2007
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC (The Security Trustee)
A deed of accession1 property30/10/200616/10/2007

Recent filings (146 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-04-24
gazette-notice-voluntary
gazette · GAZ1(A)
2018-02-06
dissolution-application-strike-off-company
dissolution · DS01
2018-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-13
mortgage-satisfy-charge-full
mortgage · MR04
2017-10-20
accounts-with-accounts-type-dormant
accounts · AA
2017-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-24
appoint-person-director-company-with-name-date
officers · AP01
2016-11-18
termination-director-company-with-name-termination-date
officers · TM01
2016-10-12
accounts-with-accounts-type-full
accounts · AA
2016-02-10
termination-director-company-with-name-termination-date
officers · TM01
2016-01-12
appoint-person-director-company-with-name-date
officers · AP01
2015-12-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-01
memorandum-articles
incorporation · MA
2015-09-07
resolution
resolution · RESOLUTIONS
2015-09-07