DREWDALE LIMITED
⚰️Wound downdissolved
02842018 · ltd · incorporated 1993-08-03
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
62/100
Worth a look
What this business does
Primary activity: SIC 7020
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 62/100. Strong seller-intent signal (88/100, director aged 87). 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 (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 32.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 32.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
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 (43 events)Click to expand
- 2010-12-14📄gazette-dissolved-compulsorygazette · GAZ2
- 2010-12-14🏁Company dissolved
- 2010-08-31📄gazette-notice-compulsorygazette · GAZ1
- 2009-09-09📄legacyannual-return · 363a
- 2009-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-02-05📄legacymortgage · 403a
- 2009-02-04🔓Charge satisfied #3
- 2008-08-11📄legacyannual-return · 363a
- 2008-07-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-10-15📄legacyannual-return · 363a
- 2007-07-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-05-03📄legacymortgage · 395
- 2007-05-01🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2007-04-17📄legacyannual-return · 363a
- 2007-04-07📄legacymortgage · 403a
- 2007-04-07🔓Charge satisfied #2
- 2006-08-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-08-02📄legacyannual-return · 363s
- 2005-03-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-03-03📍legacyaddress · 287
- 2005-03-03📄legacyannual-return · 363s
- 2003-12-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-12-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-09-24📄legacyannual-return · 363s
- 2002-12-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-10-15📄legacyannual-return · 363s
- 2001-12-31📄legacyannual-return · 363s
- 2000-11-28📄legacyannual-return · 363s
- 2000-11-20📄legacymortgage · 403a
- 2000-11-20🔓Charge satisfied #1
- 1999-10-25🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1999-10-22🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1997-09-09➕WESTWATER, Alan Crawford appointeddirector
- 1993-12-13➕WESTWATER, Alan Crawford appointedsecretary
- 1993-12-13➖PENDLETON, Daniel resignedsecretary
- 1993-09-17🔒Charge registered #1Lender: The Co-Operative Bank P.L.C.
- 1993-08-03🏢Company incorporatedAs DREWDALE LIMITED
- 1993-08-03➕WESTWATER, Margaret appointeddirector
- 1993-08-03➕PENDLETON, Daniel appointedsecretary
- 1993-08-03➕CHANCERY BUSINESS COMMUNICATIONS LIMITED appointedcorporate-nominee-secretary
- 1993-08-03➖CHANCERY BUSINESS COMMUNICATIONS LIMITED resignedcorporate-nominee-secretary
- 1993-08-03➕COWAN, Stanford Russell appointednominee-director
- 1993-08-03➖COWAN, Stanford Russell resignednominee-director
Owner dependency
91/100
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 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 87 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 87 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 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-12-14
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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|---|---|---|---|---|---|---|---|
| 3B SUPPORT SERVICES LIMITED→ 09999912 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ACCELERATE NE BUSINESS LTD→ 12671745 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACCOUNTABILITY SOUTH TYNESIDE LTD→ 16395518 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCOUNTANTS FOR THE TRADE (DURHAM) LIMITED→ 13653167 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCOUNTANTS FOR THE TRADE LIMITED→ 12965398 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACCOUNTS BY ZODRM LTD→ 13344449 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCURATE MEASUREMENT SERVICES LTD→ 12631868 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACD SURFACING LIMITED→ 15582908 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACS COMMUNITY PROJECTS (ACS UK) LTD→ 12433848 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ACTIVATE TRAINING LTD→ 11366424 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDRESSING DOMESTIC ABUSE COMMUNITY INTEREST COMPANY→ 13682233 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADH SUBSEA TECHNICAL SERVICES LIMITED→ 09628927 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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.
See pricing →Company details
Statusdissolved
Typeltd
Incorporated1993-08-03
Jurisdictionengland-wales
Primary SIC7020 — SIC 7020
Registered office
The Lodge North Road
Harelaw
Stanley
County Durham
DH9 8DH
Filing status
Accounts
Next due: —
Last made up to: 2008-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
WESTWATER, Alan Crawford→
Activesecretary · appointed 1993-12-13
View their other companies + combined net worth →
WESTWATER, Alan Crawford→
Activedirector · ~87y · appointed 1997-09-09
View their other companies + combined net worth →
WESTWATER, Margaret→
Activedirector · ~84y · appointed 1993-08-03
View their other companies + combined net worth →
PENDLETON, Daniel→
Resignedsecretary · appointed 1993-08-03 · resigned 1993-12-13
CHANCERY BUSINESS COMMUNICATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-08-03 · resigned 1993-08-03
COWAN, Stanford Russell→
Resignednominee-director · ~90y · appointed 1993-08-03 · resigned 1993-08-03
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 01/05/2007 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 25/10/1999 | 04/02/2009 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Debenture | 1 property | 22/10/1999 | 07/04/2007 | |
| satisfied | Co-operative Bank The Co-Operative Bank P.L.C. | Debenture registered pursuant to an order of court dated 3 february 1994 | 1 property | 17/09/1993 | 20/11/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (52 total)
gazette-dissolved-compulsory
gazette · GAZ2
2010-12-14
gazette-notice-compulsory
gazette · GAZ1
2010-08-31
legacy
annual-return · 363a
2009-09-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-06-30
legacy
mortgage · 403a
2009-02-05
legacy
annual-return · 363a
2008-08-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-07-01
legacy
annual-return · 363a
2007-10-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-07-05
legacy
mortgage · 395
2007-05-03
legacy
annual-return · 363a
2007-04-17
legacy
mortgage · 403a
2007-04-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-08-29
legacy
annual-return · 363s
2006-08-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-03-03