CITY CASINOS LIMITED

⚰️Wound downdissolved
02783434 · ltd · incorporated 1993-01-25
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
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 73). Share purchase looks the cleaner deal structure. 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 (65/100).

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
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (42 events)Click to expand
  1. 2012-10-30
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-10-30
    🏁
    Company dissolved
  3. 2012-07-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-07-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-01-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2011-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2011-02-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2010-10-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2010-02-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2010-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2010-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2010-02-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2009-12-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2009-02-09
    📄
    legacy
    annual-return · 363a
  15. 2009-02-09
    📍
    legacy
    address · 353
  16. 2008-11-04
    📄
    accounts-with-made-up-date
    accounts · AA
  17. 2008-01-25
    📄
    legacy
    annual-return · 363a
  18. 2008-01-08
    📄
    accounts-with-made-up-date
    accounts · AA
  19. 2007-02-07
    📄
    legacy
    annual-return · 363a
  20. 2006-11-28
    📄
    accounts-with-made-up-date
    accounts · AA
  21. 2006-01-26
    📄
    legacy
    annual-return · 363a
  22. 2006-01-11
    📄
    accounts-with-made-up-date
    accounts · AA
  23. 2005-03-23
    📄
    accounts-with-made-up-date
    accounts · AA
  24. 2005-02-09
    📄
    legacy
    annual-return · 363s
  25. 2004-11-10
    📄
    legacy
    officers · 288a
  26. 2004-11-10
    📄
    legacy
    officers · 288b
  27. 2004-10-22
    HEMMINGS, Craig John appointed
    director
  28. 2004-10-22
    HEMMINGS, Trevor James resigned
    director
  29. 1998-12-11
    KENT-LEMON, Nigel William resigned
    director
  30. 1994-12-21
    KAY, John Clement appointed
    director
  31. 1994-09-22
    KAY, John Clement appointed
    secretary
  32. 1994-09-22
    SIMMONDS, Gordon Graham resigned
    secretary
  33. 1994-01-25
    GRAVITAS COMPANY SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-secretary
  34. 1993-11-15
    SIMMONDS, Gordon Graham appointed
    secretary
  35. 1993-11-15
    HEMMINGS, Trevor James appointed
    director
  36. 1993-11-15
    JACKSON, Nigel Spencer resigned
    director
  37. 1993-11-15
    JOHNS, Michael Stephen Mackelcan resigned
    nominee-director
  38. 1993-11-15
    KENT-LEMON, Nigel William appointed
    director
  39. 1993-01-25
    🏢
    Company incorporated
    As CITY CASINOS LIMITED
  40. 1993-01-25
    GRAVITAS COMPANY SECRETARIAL SERVICES LIMITED appointed
    corporate-nominee-secretary
  41. 1993-01-25
    JACKSON, Nigel Spencer appointed
    director
  42. 1993-01-25
    JOHNS, Michael Stephen Mackelcan appointed
    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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

96/100
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 73 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 31 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2012-10-30

🔒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

8 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.

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Company details

Statusdissolved
Typeltd
Incorporated1993-01-25
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Gleadhill House
Dawbers Lane Euxton
Chorley
Lancashire
PR7 6EA

Filing status

Accounts
Next due:
Last made up to: 2011-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 6 resigned)

KAY, John Clement
secretary · appointed 1994-09-22
View their other companies + combined net worth →
Active
HEMMINGS, Craig John
director · ~64y · appointed 2004-10-22
View their other companies + combined net worth →
Active
KAY, John Clement
director · ~73y · appointed 1994-12-21
View their other companies + combined net worth →
Active
SIMMONDS, Gordon Graham
secretary · appointed 1993-11-15 · resigned 1994-09-22
Resigned
GRAVITAS COMPANY SECRETARIAL SERVICES LIMITED
corporate-nominee-secretary · appointed 1993-01-25 · resigned 1994-01-25
Resigned
HEMMINGS, Trevor James
director · ~91y · appointed 1993-11-15 · resigned 2004-10-22
Resigned
JACKSON, Nigel Spencer
director · ~74y · appointed 1993-01-25 · resigned 1993-11-15
Resigned
JOHNS, Michael Stephen Mackelcan
nominee-director · ~83y · appointed 1993-01-25 · resigned 1993-11-15
Resigned
KENT-LEMON, Nigel William
director · ~80y · appointed 1993-11-15 · resigned 1998-12-11
Resigned

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

Recent filings (59 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-10-30
gazette-notice-voluntary
gazette · GAZ1(A)
2012-07-17
dissolution-application-strike-off-company
dissolution · DS01
2012-07-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-01-30
accounts-with-accounts-type-dormant
accounts · AA
2011-09-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-23
accounts-with-accounts-type-dormant
accounts · AA
2010-10-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-17
change-person-director-company-with-change-date
officers · CH01
2010-02-17
change-person-director-company-with-change-date
officers · CH01
2010-02-17
change-person-secretary-company-with-change-date
officers · CH03
2010-02-17
accounts-with-accounts-type-dormant
accounts · AA
2009-12-01
legacy
annual-return · 363a
2009-02-09
legacy
address · 353
2009-02-09
accounts-with-made-up-date
accounts · AA
2008-11-04