THI PLC
⚰️Wound downdissolved
02880822 · plc · incorporated 1993-12-09
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
53/100
Worth a look
What this business does
Primary activity: SIC 7011
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 42/100. Strong seller-intent signal (78/100, director aged 75). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 32.5y
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 32.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (53/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
23 officers (3 active, 23 linked, 16 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
49
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 (77 events)Click to expand
- 2013-01-15📄gazette-dissolved-compulsorygazette · GAZ2
- 2013-01-15🏁Company dissolved
- 2012-11-22📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2012-10-02📄gazette-notice-compulsorygazette · GAZ1
- 2012-02-07⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2012-02-07⚠️legacyinsolvency · LQ02
- 2011-05-24⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2010-06-04⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2009-06-04⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2008-04-30⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2007-08-22📍legacyaddress · 287
- 2007-06-07⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2006-06-07⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2005-05-09⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2004-06-02⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2003-06-02⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2002-05-20⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2001-07-09📄miscellaneousmiscellaneous · MISC
- 2001-07-09⚠️liquidation-receiver-administrative-receivers-reportinsolvency · 3.10
- 2001-06-07📄legacyofficers · 288b
- 2001-06-07📄legacyofficers · 288b
- 2001-05-18📍legacyaddress · 287
- 2001-04-09⚠️legacyinsolvency · 405(1)
- 2001-03-23➖JEFFREY, Alexander Daniel resigneddirector
- 2001-03-23➖TSENIN, Robert Eugene resigneddirector
- 2001-01-04📄legacymortgage · 395
- 2000-12-19🔒Charge registered #5Lender: Barclays Bank PLC
- 2000-10-03📄legacyofficers · 288a
- 2000-10-03📄legacyofficers · 288b
- 2000-09-30➖MILLER, Ronald Graham resigneddirector
- 2000-09-19➕HENLEY, John David appointedsecretary
- 2000-09-19➖COLES, Andrew resignedsecretary
- 2000-09-19➖COLES, Andrew resigneddirector
- 2000-07-13🔒Charge registered #4Lender: Barclays Bank PLC
- 2000-05-02➖NOCK, Andrew Gavin resigneddirector
- 2000-01-24➕JEFFREY, Alexander Daniel appointeddirector
- 1999-11-22➖JEFFREY, Alexander Daniel resigneddirector
- 1999-11-01➕JEFFREY, Alexander Daniel appointeddirector
- 1999-10-15➖MARSHALL, Ian resigneddirector
- 1999-04-01➕MARSHALL, Ian appointeddirector
- 1999-04-01➖ROSE, Phillip resigneddirector
- 1998-11-30➕MILLER, Ronald Graham appointeddirector
- 1998-11-30➖SMITH, Ian Richard resigneddirector
- 1998-07-06➕TSENIN, Robert Eugene appointeddirector
- 1998-05-07➖WALICHNOWSKI, Peter resigneddirector
- 1997-01-21🔓Charge satisfied #3
- 1996-12-19➕COLES, Andrew appointedsecretary
- 1996-12-19➖LAWRIE, Edwin John resignedsecretary
- 1996-12-19➕COLES, Andrew appointeddirector
- 1996-12-19➖PEACOCK, Colin John resigneddirector
Showing most recent 50 of 77 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 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — 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 75 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-01-15
14 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-02-07: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2012-02-07: legacy
🔒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 · Professional services · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASDA GROUP LIMITED→ 01396513 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| ASHBURY SCAFFOLDING LTD→ 16862062 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASHLEY DESIGN CONSULTANTS LIMITED→ 05324027 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ASLVISTA LTD→ 12708001 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASOMANING & CO - IMMIGRATION LAWYERS LTD→ 16720629 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASPIN PARK LIMITED→ 15252303 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASSOCIATE DESIGN TIME LIMITED→ 02339309 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| ATALANTE MARKETING LIMITED→ 12909616 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATB ARCHITECTURAL LTD→ 13503995 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ATK RECRUITMENT SOLUTIONS LIMITED→ 13018948 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATNIKOLA LIMITED→ 14249543 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATRIO SEARCH LIMITED→ 15186896 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Typeplc
Incorporated1993-12-09
Jurisdictionengland-wales
Primary SIC7011 — SIC 7011
Registered office
C/O Ernst & Young Llp
1 Bridgewater Place
Water Lane
Leeds
LS11 5QR
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: —
Last: —
Officers (0 active · 20 resigned)
HENLEY, John David→
Activesecretary · appointed 2000-09-19
View their other companies + combined net worth →
HENLEY, John David→
Activedirector · ~64y · appointed 1993-12-10
View their other companies + combined net worth →
LEWIS, Carl Alexander→
Activedirector · ~75y · appointed 1993-12-10
View their other companies + combined net worth →
COLES, Andrew→
Resignedsecretary · appointed 1996-12-19 · resigned 2000-09-19
DERBIE, Alexander→
Resignedsecretary · appointed 1993-12-10 · resigned 1995-03-15
LAWRIE, Edwin John→
Resignedsecretary · appointed 1995-03-15 · resigned 1996-12-19
HUNTSMOOR NOMINEES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-12-09 · resigned 1993-12-10
COLES, Andrew→
Resigneddirector · ~73y · appointed 1996-12-19 · resigned 2000-09-19
DORAN, Marjorie Maria→
Resigneddirector · ~72y · appointed 1993-12-10 · resigned 1996-07-15
JEFFREY, Alexander Daniel→
Resigneddirector · ~60y · appointed 2000-01-24 · resigned 2001-03-23
JEFFREY, Alexander Daniel→
Resigneddirector · ~60y · appointed 1999-11-01 · resigned 1999-11-22
MARSHALL, Ian→
Resigneddirector · ~79y · appointed 1999-04-01 · resigned 1999-10-15
MILLER, Ronald Graham→
Resigneddirector · ~69y · appointed 1998-11-30 · resigned 2000-09-30
NOCK, Andrew Gavin→
Resigneddirector · ~62y · appointed 1996-07-15 · resigned 2000-05-02
PEACOCK, Colin John→
Resigneddirector · ~74y · appointed 1993-12-10 · resigned 1996-12-19
ROSE, Phillip→
Resigneddirector · ~67y · appointed 1996-12-19 · resigned 1999-04-01
SHRUBSALL, Brian Thomas Edward→
Resigneddirector · ~86y · appointed 1993-12-10 · resigned 1996-12-19
SMITH, Ian Richard→
Resigneddirector · ~77y · appointed 1996-12-19 · resigned 1998-11-30
THEAKSTON, John Andrew→
Resigneddirector · ~74y · appointed 1993-12-10 · resigned 1996-12-19
TSENIN, Robert Eugene→
Resigneddirector · ~77y · appointed 1998-07-06 · resigned 2001-03-23
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Charge on book debts | 1 property | 19/12/2000 | — | |
| outstanding | Barclays Barclays Bank PLC | Fixed and floating security document | 2 properties | 13/07/2000 | — | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 1 property | 11/04/1996 | 21/01/1997 | |
| outstanding | Young Samuel Chambers (Ysc) Young Samuel Chambers (Ysc) Limited | Rent deposit deed | 1 property | 25/10/1994 | — | |
| satisfied | Higgs & Hill Higgs & Hill PLC | Debenture | 1 property | 10/12/1993 | 24/02/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (108 total)
gazette-dissolved-compulsory
gazette · GAZ2
2013-01-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-11-22
gazette-notice-compulsory
gazette · GAZ1
2012-10-02
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2012-02-07
legacy
insolvency · LQ02
2012-02-07
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2011-05-24
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2010-06-04
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2009-06-04
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2008-04-30
legacy
address · 287
2007-08-22
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2007-06-07
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-06-07
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-05-09
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2004-06-02
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2003-06-02