THE ROYAL TOKAJI WINE COMPANY (HUNGARY) LIMITED
⚰️Wound downdissolved
02818591 · ltd · incorporated 1993-05-17
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
What this business does
Primary activity: SIC 1593
Sector: Manufacturing
ALSO REGISTERED FOR
- 5134SIC 5134
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 52/100. Strong seller-intent signal (88/100, director aged 84). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 29.8y
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 29.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 12 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
138 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
80
Strong succession / seller-readiness signals.
Risk profile
41
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 (68 events)Click to expand
- 2013-01-15⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-01-15🏁Company dissolved
- 2012-10-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-10-15⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2012-09-04⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-03-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-09-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-03-07⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-09-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-03-11⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-09-10⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-03-31⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2008-04-16📄resolutionresolution · RESOLUTIONS
- 2008-04-15📄legacycapital · 123
- 2008-04-15📄resolutionresolution · RESOLUTIONS
- 2008-03-13📄legacycapital · 88(2)
- 2008-03-13📍legacyaddress · 287
- 2008-03-12⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2008-03-12⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2007-09-06📍legacyaddress · 287
- 2007-06-25📄legacyannual-return · 363s
- 2006-09-28📄legacyofficers · 288b
- 2006-09-15📄legacyofficers · 288b
- 2006-08-01➖LAFITE, Carl Wolfgang, Dr resigneddirector
- 2006-08-01➖RASKO, Gyorgy, Dr resigneddirector
- 2006-06-14📄legacyannual-return · 363s
- 2006-01-23📄accounts-with-accounts-type-groupaccounts · AA
- 2005-11-18📄legacymortgage · 403a
- 2005-11-18🔓Charge satisfied #3
- 2005-04-28➖WILSON, Nigel Richard resigneddirector
- 2003-07-07🔒Charge registered #3Lender: East European Food Fund Sicaf
- 2003-06-28🔓Charge satisfied #2
- 2003-06-28🔓Charge satisfied #1
- 2002-11-30➕HOWKINS, Ben Walter appointedsecretary
- 2002-11-30➖WELLS, Anthony Laurence resignedsecretary
- 2002-08-27➖BURY, Susanne resignedsecretary
- 2002-08-27➕WELLS, Anthony Laurence appointedsecretary
- 1999-12-14➖VINDING DIERS, Peter Andreas resigneddirector
- 1999-10-07➖NICHOLSON, Richard Hugh resigneddirector
- 1999-10-06➖BROMOVSKY, Anthony Sebastian resigneddirector
- 1999-04-28➕BURY, Susanne appointedsecretary
- 1999-04-28➖EVANS, Lucy Jane resignedsecretary
- 1998-09-28➕ASTOR, William Waldorf, Viscount appointeddirector
- 1998-09-28➖CANNON, Lawrence resigneddirector
- 1998-07-06🔒Charge registered #2Lender: Barclays Bank PLC
- 1998-06-22➕LAFITE, Carl Wolfgang, Dr appointeddirector
- 1998-03-19➖BOYLE, Eric James resigneddirector
- 1997-11-20➕CANNON, Lawrence appointeddirector
- 1997-11-01➕NICHOLSON, Richard Hugh appointeddirector
- 1997-10-17➕BOYLE, Eric James appointeddirector
Showing most recent 50 of 68 events
Owner dependency
83/100
Critical — business is the founderThe 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 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
Succession & seller-readiness
96/100
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 84 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 32 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-01-15
13 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-01-15: gazette-dissolved-liquidation; 2012-10-15: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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
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|---|---|---|---|---|---|---|---|
| APPLIED JOINERY LTD→ 15406664 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARC OFFICE SYSTEMS LIMITED→ 07402574 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AURORAPOD LTD→ 16414012 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUTOFLAME ENGINEERING LIMITED→ 01055273 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| AUTOMATIC TEST SERVICES LIMITED→ 02453154 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| AUTOMOTIVE DIAGNOSTIC SPECIALISTS LTD.→ 10597989 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AUTOPRIME AUTOMOTIVE PRODUCTS LTD→ 13045462 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AVENLEY ENGINEERING LIMITED→ 08160446 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AVENTEX DENTAL LAB LTD→ 14769543 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AVENUE PRINTING LIMITED→ 02663669 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| AVERYSCARPENTRY LTD→ 16748397 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AVIATION ASSET MANAGEMENT LIMITED→ 10221255 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated1993-05-17
Jurisdictionengland-wales
Primary SIC1593 — SIC 1593
Registered office
Gateway House Highpoint Business Village
Henwood
Ashford
Kent
TN24 8DH
Filing status
Accounts
Next due: —
Last made up to: 2004-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 16 resigned)
HOWKINS, Ben Walter→
Activesecretary · appointed 2002-11-30
View their other companies + combined net worth →
ASTOR, William Waldorf, Viscount→
Activedirector · ~75y · appointed 1998-09-28
View their other companies + combined net worth →
HOWKINS, Ben Walter→
Activedirector · ~84y · appointed 1994-03-14
View their other companies + combined net worth →
BURY, Susanne→
Resignedsecretary · appointed 1999-04-28 · resigned 2002-08-27
EVANS, Lucy Jane→
Resignedsecretary · appointed 1995-04-12 · resigned 1999-04-28
WELLS, Anthony Laurence→
Resignedsecretary · appointed 2002-08-27 · resigned 2002-11-30
NOMINEE SECRETARIES LTD→
Resignedcorporate-nominee-secretary · appointed 1993-05-17 · resigned 1993-05-27
WMSS LIMITED→
Resignedcorporate-secretary · appointed 1993-06-30 · resigned 1995-04-12
BIDWELL, Hugh Charles Philip, Sir→
Resigneddirector · ~92y · appointed 1997-06-24 · resigned 1997-10-16
BOYLE, Eric James→
Resigneddirector · ~73y · appointed 1997-10-17 · resigned 1998-03-19
BROMOVSKY, Anthony Sebastian→
Resigneddirector · ~78y · appointed 1994-03-14 · resigned 1999-10-06
CANNON, Lawrence→
Resigneddirector · ~79y · appointed 1997-11-20 · resigned 1998-09-28
COLLINS, Andrew Seymour→
Resigneddirector · ~82y · appointed 1993-06-30 · resigned 1994-03-14
LAFITE, Carl Wolfgang, Dr→
Resigneddirector · ~77y · appointed 1998-06-22 · resigned 2006-08-01
NICHOLSON, Richard Hugh→
Resigneddirector · ~90y · appointed 1997-11-01 · resigned 1999-10-07
RASKO, Gyorgy, Dr→
Resigneddirector · ~74y · appointed 1995-05-10 · resigned 2006-08-01
VINDING DIERS, Peter Andreas→
Resigneddirector · ~83y · appointed 1994-03-14 · resigned 1999-12-14
WILSON, Nigel Richard→
Resigneddirector · ~80y · appointed 1994-03-14 · resigned 2005-04-28
NOMINEE DIRECTORS LTD→
Resignedcorporate-nominee-director · appointed 1993-05-17 · resigned 1993-05-27
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | East European Food Fund Sicaf | Quata pledge agreement | 2 properties | 07/07/2003 | 18/11/2005 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 3 properties | 06/07/1998 | 28/06/2003 | |
| satisfied | Xenmar Xenmar Limited | Rent deposit deed | 1 property | 04/10/1996 | 28/06/2003 |
Recent filings (138 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-01-15
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-10-15
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2012-10-15
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-09-04
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-03-05
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-09-26
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-03-07
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-09-15
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-03-11
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-09-10
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-03-31
resolution
resolution · RESOLUTIONS
2008-04-16
legacy
capital · 123
2008-04-15
resolution
resolution · RESOLUTIONS
2008-04-15
legacy
capital · 88(2)
2008-03-13