02774680 LIMITED
🌳Matureactive
02774680 · ltd · incorporated 1992-12-17
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
44/100
Watch
What this business does
Primary activity: SIC 3410
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 44/100 (watch), bankability 2/100. 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: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
32 live charges · 18 lenders · oldest 33.0y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 33.0 years old — likely at or near maturity.
- · 18 lenders named — inter-creditor friction likely.
- · Legal-friction score 75/100 (specialist).
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
32 charges (32/32 with lender, 32/32 with type)
90
Directors & officers
35 officers (8 active, 35 linked, 30 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
218 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
12
Multiple red flags — proceed with caution.
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 (139 events)Click to expand
- 2016-11-04📄restoration-order-of-courtrestoration · AC92
- 2014-01-21📄gazette-dissolved-compulsarygazette · GAZ2
- 2014-01-21🏁Company dissolved
- 2013-10-08📄gazette-notice-compulsarygazette · GAZ1
- 2012-11-15📄restoration-order-of-courtrestoration · AC92
- 2011-08-30📄gazette-dissolved-compulsarygazette · GAZ2
- 2011-05-17📄gazette-notice-compulsarygazette · GAZ1
- 2011-03-23📄termination-director-company-with-nameofficers · TM01
- 2011-03-04📄termination-director-company-with-nameofficers · TM01
- 2008-11-24📄restoration-order-of-courtrestoration · AC92
- 2007-12-17⚠️legacyinsolvency · LIQ
- 2007-09-17⚠️liquidation-in-administration-move-to-dissolutioninsolvency · 2.35B
- 2007-09-17⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2007-07-17⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2007-01-12⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2006-12-22⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2006-09-01➖DOWNES, Paul William Edwin resigneddirector
- 2006-07-17⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2006-03-06⚠️liquidation-in-administration-result-creditors-meetinginsolvency · 2.23B
- 2006-03-03⚠️liquidation-in-administration-amended-certificate-of-constitution-creditors-committeeinsolvency · 2.26B
- 2006-03-03⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2006-02-20⚠️liquidation-in-administration-statement-of-affairsinsolvency · 2.16B
- 2006-01-03📍legacyaddress · 287
- 2005-12-23⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2005-12-16➖ELLIS, John resigneddirector
- 2005-11-24📄legacymortgage · 403a
- 2005-11-24🔓Charge satisfied #30
- 2005-11-17📄legacyofficers · 288b
- 2005-10-31➖MCKINNON, Ian Bannochie resigneddirector
- 2005-10-07📄legacyofficers · 288b
- 2005-09-30➖ARROWSMITH, James Vaughan resigneddirector
- 2005-09-16🔒Charge registered #32Lender: 3I Investments PLC as Security Trustee on Behalf of the Investors (The Security Trustee)
- 2005-08-08➕LINES, Alan Edward appointeddirector
- 2005-07-07🔒Charge registered #31Lender: 3I Investments PLC (The Security Trustee)
- 2005-07-04➕STANTON, Keith appointeddirector
- 2005-04-08🔒Charge registered #30Lender: 3I Investment PLC ("Security Trustee")
- 2005-04-01➕FELL, Nicholas Hugh appointeddirector
- 2004-08-31➕ELLIS, John appointeddirector
- 2004-03-12➕ARROWSMITH, James Vaughan appointeddirector
- 2004-02-12🔒Charge registered #29Lender: The Secretary of State for Trade and Industry
- 2004-02-06🔒Charge registered #28Lender: Barclays Bank PLC
- 2004-01-20➕DOWNES, Paul William Edwin appointeddirector
- 2004-01-20🔒Charge registered #27Lender: United Dominions Trust Limited
- 2004-01-20🔒Charge registered #26Lender: 3I Investments PLC
- 2004-01-19➖BONNER, Trevor Courtnay resigneddirector
- 2004-01-19➖CABLE, Roger Ernest resigneddirector
- 2004-01-19➕MCKINNON, Ian Bannochie appointeddirector
- 2003-12-31🔓Charge satisfied #22
- 2003-12-31🔓Charge satisfied #21
- 2003-12-31🔓Charge satisfied #20
Showing most recent 50 of 139 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -7 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 90 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 90 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 2 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2006-10-31
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-12-31
12 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2007-12-17: legacy; 2007-09-17: liquidation-in-administration-move-to-dissolution
Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
14 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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
Active · Other · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 00786035 LIMITED→ 00786035 · est 1963 · no financials extracted | — | — | — | — | 62y | — | — |
| 24 SEVEN TELECOM LIMITED→ 04946482 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 57 HOLLAND PARK MANAGEMENT LIMITED→ 02203821 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| 6HP LIMITED→ 09166675 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A & J DICKINSON LLP→ OC446663 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A HOGARTH LTD→ 14432675 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABERFORD BRIDGE PRIVATE GARDENS LIMITED→ 01962374 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| ABERFORD INTERIORS LIMITED→ 06233924 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ACADEMY 2828 LIMITED→ 04237356 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ACCOUNTS DEPARTMENT ONLINE LIMITED→ 05814670 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ACESO HEALTH & GROUP RISK LIMITED→ 13120304 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ACTIUS (INTERNATIONAL) LIMITED→ 07875706 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
13 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
Statusactive
Typeltd
Incorporated1992-12-17
Jurisdictionengland-wales
Primary SIC3410 — SIC 3410
Registered office
Pricewaterhousecoopers Llp
Benson House 33 Wellington
Street Leeds
West Yorkshire
LS1 4JP
Filing status
Accounts
Next due: 2006-10-31OVERDUE
Last made up to: 2004-12-31
Confirmation statement
Next due: 2016-12-31OVERDUE
Last: —
Officers (8 active · 27 resigned)
OGILVIE, Kenneth David Buchanan→
Activesecretary · appointed 2001-09-12
View their other companies + combined net worth →
AMEY, Allan William→
Activedirector · ~80y · appointed 1993-04-24
View their other companies + combined net worth →
FELL, Nicholas Hugh→
Activedirector · ~67y · appointed 2005-04-01
View their other companies + combined net worth →
LEWIS, Antony James→
Activedirector · ~64y · appointed 1999-01-01
View their other companies + combined net worth →
LINES, Alan Edward→
Activedirector · ~68y · appointed 2005-08-08
View their other companies + combined net worth →
MADDRELL, Geoffrey Keggen→
Activedirector · ~90y · appointed 1995-06-01
View their other companies + combined net worth →
OGILVIE, Kenneth David Buchanan→
Activedirector · ~78y · appointed 1997-05-08
View their other companies + combined net worth →
STANTON, Keith→
Activedirector · ~66y · appointed 2005-07-04
View their other companies + combined net worth →
BARKER, Jack→
Resignedsecretary · appointed 1993-01-07 · resigned 1993-04-20
CABLE, Roger Ernest→
Resignedsecretary · appointed 1993-04-24 · resigned 2001-09-12
DWYER, Daniel John→
Resignednominee-secretary · appointed 1992-12-17 · resigned 1993-01-07
ROBERTS, Ian David→
Resignedsecretary · appointed 1993-04-20 · resigned 1993-04-24
ARROWSMITH, James Vaughan→
Resigneddirector · ~58y · appointed 2004-03-12 · resigned 2005-09-30
BARKER, Jack→
Resigneddirector · ~94y · appointed 1993-01-07 · resigned 1993-04-20
BONNER, Trevor Courtnay→
Resigneddirector · ~83y · appointed 1998-10-01 · resigned 2004-01-19
BRADLEY, John→
Resigneddirector · ~74y · appointed 1997-12-31 · resigned 1998-12-16
CABLE, Roger Ernest→
Resigneddirector · ~80y · appointed 1993-04-24 · resigned 2004-01-19
CHO, Young Kab→
Resigneddirector · ~77y · appointed 1999-01-27 · resigned 2000-12-31
DOWNES, Paul William Edwin→
Resigneddirector · ~72y · appointed 2004-01-20 · resigned 2006-09-01
DOYLE, Betty June→
Resignednominee-director · ~90y · appointed 1992-12-17 · resigned 1993-01-07
Click a director name to see their full track record across all companies.
Mortgages & charges
32
Total charges
14
Outstanding
9
Active lenders
Status:Lender:32 of 32 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | 3I Investments as Security Trustee on Behalf of the Investors (The Security Trustee) 3I Investments PLC as Security Trustee on Behalf of the Investors (The Security Trustee) | Debenture | 1 property | 16/09/2005 | — | |
| outstanding | 3I Investments (The Security Trustee) 3I Investments PLC (The Security Trustee) | Debenture | 3 properties | 07/07/2005 | — | |
| satisfied | 3I Investment ("Security Trustee") 3I Investment PLC ("Security Trustee") | Trustee debenture | 1 property | 08/04/2005 | 24/11/2005 | |
| outstanding | The Secretary of State for Trade and Industry | Charge over cash deposit | 1 property | 12/02/2004 | — | |
| outstanding | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 06/02/2004 | — | |
| outstanding | United Dominions Trust United Dominions Trust Limited | Assignment | 1 property | 20/01/2004 | — | |
| outstanding | 3I Investments 3I Investments PLC | Debenture | 1 property | 20/01/2004 | — | |
| outstanding | Birmingham City Council | Legal charge | 1 property | 05/09/2003 | — | |
| outstanding | Axa Sun Life Axa Sun Life PLC | Rent deposit deed | 1 property | 05/09/2003 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 09/04/2003 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/10/2002 | 31/12/2003 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/10/2002 | 31/12/2003 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/10/2002 | 31/12/2003 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/10/2002 | 31/12/2003 | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 07/12/2001 | — | |
| outstanding | The Secretary of State for Trade and Industry | Legal mortgage | 1 property | 07/12/2001 | — | |
| outstanding | United Dominions Trust United Dominions Trust Limited | Mortgage debenture | 2 properties | 07/12/2001 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of deposit | 1 property | 05/10/2001 | 04/01/2002 | |
| satisfied | Birmingham City Council | Legal charge | 1 property | 23/05/2001 | 31/12/2003 | |
| satisfied | Barclays Barclays Mercantile Business Finance Limited (Secured Party) | Legal mortgage | 1 property | 11/07/2000 | 23/04/2001 | |
| satisfied | Sovereign Financial Services (Manchester) (Secured Party) Sovereign Financial Services (Manchester) Limited (Secured Party) | Legal mortgage | 1 property | 11/07/2000 | 23/04/2001 | |
| outstanding | The Secretary of State for Trade & Industry | Debenture | 1 property | 20/06/2000 | — | |
| satisfied | Sovereign Financial Services (Manchester) Sovereign Financial Services (Manchester) Limited | Debenture | 1 property | 30/05/2000 | 23/04/2001 | |
| satisfied | Barclays Barclays Mercantile Business Finance Limited | Debenture | 1 property | 30/05/2000 | 23/04/2001 | |
| outstanding | United Dominions Trust United Dominions Trust Limited | Debenture | 1 property | 20/12/1999 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 01/11/1996 | 08/07/2000 | |
| satisfied | United Dominions Trust United Dominions Trust Limited | Deed of assignment | 1 property | 19/12/1995 | 10/02/1996 | |
| satisfied | United Dominions Trust United Dominions Trust Limited | Deed of assignment of cash deposit | 1 property | 19/12/1995 | 10/02/1996 | |
| satisfied | Lloyds Banking Group Lloyds Leasing Limited / Lloyds Industrial Leasing Limited / Lloyds Equipment Leasing Limited | Conditional sale agreement | 1 property | 14/06/1993 | 21/11/1995 | |
| satisfied | United Dominions Trust United Dominions Trust Limited | Charge by way of assignment | 1 property | 06/05/1993 | 10/02/1996 | |
| satisfied | Leyland Daf Leyland Daf Limited | Mortgage debenture | 1 property | 24/04/1993 | 08/07/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 24/04/1993 | 04/01/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (218 total)
restoration-order-of-court
restoration · AC92
2016-11-04
gazette-dissolved-compulsary
gazette · GAZ2
2014-01-21
gazette-notice-compulsary
gazette · GAZ1
2013-10-08
restoration-order-of-court
restoration · AC92
2012-11-15
gazette-dissolved-compulsary
gazette · GAZ2
2011-08-30
gazette-notice-compulsary
gazette · GAZ1
2011-05-17
termination-director-company-with-name
officers · TM01
2011-03-23
termination-director-company-with-name
officers · TM01
2011-03-04
restoration-order-of-court
restoration · AC92
2008-11-24
legacy
insolvency · LIQ
2007-12-17
liquidation-in-administration-move-to-dissolution
insolvency · 2.35B
2007-09-17
liquidation-in-administration-progress-report
insolvency · 2.24B
2007-09-17
liquidation-in-administration-progress-report
insolvency · 2.24B
2007-07-17
liquidation-in-administration-progress-report
insolvency · 2.24B
2007-01-12
liquidation-in-administration-extension-of-period
insolvency · 2.31B
2006-12-22