MIDLAND RED NORTH LIMITED
⚰️Wound downdissolved
02959469 · ltd · incorporated 1994-08-17
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 31.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 31.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 31.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: low (51/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
21 officers (3 active, 21 linked, 13 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
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
- 2014-11-18📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-11-18🏁Company dissolved
- 2014-08-05📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-07-28📄dissolution-application-strike-off-companydissolution · DS01
- 2014-05-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-05-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-29➕CARLAW, Kenneth Mcintyre appointeddirector
- 2014-01-29📄appoint-person-director-company-with-nameofficers · AP01
- 2013-12-17📄appoint-person-secretary-company-with-nameofficers · AP03
- 2013-12-17📄termination-secretary-company-with-nameofficers · TM02
- 2013-12-16➕EDWARDS, Lorna appointedsecretary
- 2013-12-16➖DAVIES, Elizabeth Anne resignedsecretary
- 2013-08-16📄change-person-director-company-with-change-dateofficers · CH01
- 2013-06-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-05-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-05-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2012-05-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-05-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-27✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2010-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-05-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-05-24📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2009-09-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-06-08📄legacyannual-return · 363a
- 2008-06-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2008-05-23📄legacyannual-return · 363a
- 2007-01-12➕DAVIES, Elizabeth Anne appointedsecretary
- 2007-01-12➖VIRTUE, John resignedsecretary
- 2006-05-12➖THORPE, Elizabeth Anne resignedsecretary
- 2006-05-12➕VIRTUE, John appointedsecretary
- 2005-04-29➕TURNER, David Paul appointeddirector
- 2005-04-29➖TURNER, David Paul resigneddirector
- 2005-04-29➖TURNER, David Paul resigneddirector
- 2005-01-18➕THORPE, Elizabeth Anne appointedsecretary
- 2005-01-18➖TURNER, David Paul resignedsecretary
- 2004-02-24➖LONSDALE, Stephen Philip resigneddirector
- 2002-05-01➖RAY, John Alfred resigneddirector
- 2002-05-01➕TURNER, David Paul appointeddirector
- 2000-07-27➕BOWLER, Richard Anthony appointeddirector
- 1998-12-31➖HODGSON, Gordon William resigneddirector
- 1998-09-22➕RAY, John Alfred appointeddirector
- 1996-11-22🔓Charge satisfied #1
- 1996-07-30➖RICHARDS, Lewis resignedsecretary
- 1996-07-30➕TURNER, David Paul appointedsecretary
- 1996-07-30➖WATSON, Kenneth James resignedsecretary
- 1996-07-30➕HODGSON, Gordon William appointeddirector
- 1996-07-30➖LEEDER, David John resigneddirector
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 26 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 candidateStrong 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 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-11-18
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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.
See pricing →Company details
Statusdissolved
Typeltd
Incorporated1994-08-17
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
1 Admiral Way Doxford
International Business Park
Sunderland
Tyne & Wear
SR3 3XP
Filing status
Accounts
Next due: —
Last made up to: 2013-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 18 resigned)
Active
BOWLER, Richard Anthony→
Activedirector · ~73y · appointed 2000-07-27
View their other companies + combined net worth →
CARLAW, Kenneth Mcintyre→
Activedirector · ~64y · appointed 2014-01-29
View their other companies + combined net worth →
DAVIES, Elizabeth Anne→
Resignedsecretary · appointed 2007-01-12 · resigned 2013-12-16
RICHARDS, Lewis→
Resignedsecretary · appointed 1994-11-23 · resigned 1996-07-30
THORPE, Elizabeth Anne→
Resignedsecretary · appointed 2005-01-18 · resigned 2006-05-12
TURNER, David Paul→
Resignedsecretary · appointed 1996-07-30 · resigned 2005-01-18
VIRTUE, John→
Resignedsecretary · appointed 2006-05-12 · resigned 2007-01-12
WATSON, Kenneth James→
Resignedsecretary · appointed 1994-10-05 · resigned 1996-07-30
YORK PLACE COMPANY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-08-17 · resigned 1994-10-05
GRACE, David Martin→
Resigneddirector · ~82y · appointed 1994-10-17 · resigned 1994-11-23
HODGSON, Gordon William→
Resigneddirector · ~95y · appointed 1996-07-30 · resigned 1998-12-31
HODGSON, Kenneth→
Resigneddirector · ~76y · appointed 1994-10-05 · resigned 1994-11-23
KERSLAKE, Brian John→
Resigneddirector · ~79y · appointed 1994-11-23 · resigned 1995-09-01
LEEDER, David John→
Resigneddirector · ~60y · appointed 1996-07-03 · resigned 1996-07-30
LONSDALE, Stephen Philip→
Resigneddirector · ~69y · appointed 1996-07-30 · resigned 2004-02-24
RAY, John Alfred→
Resigneddirector · ~75y · appointed 1998-09-22 · resigned 2002-05-01
TURNER, David Paul→
Resigneddirector · ~76y · appointed 2005-04-29 · resigned 2005-04-29
TURNER, David Paul→
Resigneddirector · ~76y · appointed 2002-05-01 · resigned 2005-04-29
WHITE, Philip Michael→
Resigneddirector · ~77y · appointed 1994-11-23 · resigned 1996-07-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 31/01/1995 | 22/11/1996 |
Recent filings (115 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-11-18
gazette-notice-voluntary
gazette · GAZ1(A)
2014-08-05
dissolution-application-strike-off-company
dissolution · DS01
2014-07-28
accounts-with-accounts-type-dormant
accounts · AA
2014-05-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-23
appoint-person-director-company-with-name
officers · AP01
2014-01-29
appoint-person-secretary-company-with-name
officers · AP03
2013-12-17
termination-secretary-company-with-name
officers · TM02
2013-12-17
change-person-director-company-with-change-date
officers · CH01
2013-08-16
accounts-with-accounts-type-dormant
accounts · AA
2013-06-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-23
accounts-with-accounts-type-dormant
accounts · AA
2012-08-16
change-person-secretary-company-with-change-date
officers · CH03
2012-05-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-28
accounts-with-accounts-type-dormant
accounts · AA
2011-09-07