PROCESS FLOW COMPONENTS LIMITED

⚰️Wound downliquidation
03158013 · ltd · incorporated 1996-02-13
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Dec 2023
Net worth
£157.9k
book net assets
Opportunity
37/100
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What this business does
Primary activity: SIC 46720
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 37/100 (watch), bankability 12/100. Strong seller-intent signal (70/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 30.2y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 30.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £157,921
Cash draining
Cash down 87% YoY
Cash YoY
-87%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£8k
↓ 87% YoY
Net Worth
£158k
~ YoY
Current Assets
£818k
↓ 22% YoY
Current Liabilities
£0£209k£419k£628k£838k£1.0mDec 2022Dec 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-12-312022-12-31
Total assets£304.5k£363.8k
Current assets£817.6k£1.05M
Cash£8.4k£65.2k
Debtors£429.3k£481.3k
Net assets£157.9k£156.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-17
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  3. 2025-12-17
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2025-12-17
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-07-28
    JONES, Daniel Alexander resigned
    director
  6. 2025-07-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-04-26
    JONES, Daniel Alexander appointed
    director
  12. 2021-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-05-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2020-05-14
    🔒
    Charge registered #4
    Lender: Barclays Security Trustee Limited
  16. 2020-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-01-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2014-11-08
    🔓
    Charge satisfied #1
  22. 2009-12-29
    SHELLEY, Mark Steven resigned
    secretary
  23. 2009-12-29
    SHELLEY, Mark Steven resigned
    director
  24. 2007-11-30
    🔓
    Charge satisfied #2
  25. 2007-11-23
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  26. 2007-11-13
    COOK, Peter appointed
    director
  27. 2007-11-13
    MELGAARD, Kristian resigned
    secretary
  28. 2007-11-13
    SHELLEY, Mark Steven appointed
    secretary
  29. 2007-11-13
    SHELLEY, Mark Steven appointed
    director
  30. 2006-01-31
    PEDERSEN, Kenneth Bach resigned
    director
  31. 2001-01-04
    🔒
    Charge registered #2
    Lender: Danske Bank a/S
  32. 2000-12-13
    HOUSHMAND, Homayon resigned
    secretary
  33. 2000-12-13
    MELGAARD, Kristian appointed
    secretary
  34. 2000-12-13
    KUHLENBAUMER, Edgar Heinrich resigned
    director
  35. 2000-12-13
    PEDERSEN, Kenneth Bach appointed
    director
  36. 1996-04-12
    🔒
    Charge registered #1
    Lender: Nestron Limited
  37. 1996-02-13
    🏢
    Company incorporated
    As PROCESS FLOW COMPONENTS LIMITED
  38. 1996-02-13
    JONES, Robert Edwin appointed
    director
  39. 1996-02-13
    HOUSHMAND, Homayon appointed
    secretary
  40. 1996-02-13
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  41. 1996-02-13
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  42. 1996-02-13
    KUHLENBAUMER, Edgar Heinrich appointed
    director
  43. 1996-02-13
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  44. 1996-02-13
    LONDON LAW SERVICES LIMITED resigned
    corporate-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 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

91/100
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 71 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 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-27

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-17: liquidation-voluntary-statement-of-affairs; 2025-12-17: liquidation-voluntary-appointment-of-liquidator

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Edwin Jones
Individual · British · DOB 03/1955 · age 71
75100%
75-100% shares15/02/2017
1 historic (ceased) PSC
  • Mr Peter Cookceased 14/02/2017· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

12 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

Statusliquidation
Typeltd
Incorporated1996-02-13
Jurisdictionengland-wales
Primary SIC46720 — SIC 46720

Registered office

40-41 Foregate Street
Worcester
WR1 1EE

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-02-27OVERDUE
Last: 2025-02-13

Officers (2 active · 9 resigned)

COOK, Peter
director · ~69y · appointed 2007-11-13
View their other companies + combined net worth →
Active
JONES, Robert Edwin
director · ~71y · appointed 1996-02-13
View their other companies + combined net worth →
Active
HOUSHMAND, Homayon
secretary · appointed 1996-02-13 · resigned 2000-12-13
Resigned
MELGAARD, Kristian
secretary · appointed 2000-12-13 · resigned 2007-11-13
Resigned
SHELLEY, Mark Steven
secretary · appointed 2007-11-13 · resigned 2009-12-29
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 1996-02-13 · resigned 1996-02-13
Resigned
JONES, Daniel Alexander
director · ~34y · appointed 2021-04-26 · resigned 2025-07-28
Resigned
KUHLENBAUMER, Edgar Heinrich
director · ~81y · appointed 1996-02-13 · resigned 2000-12-13
Resigned
PEDERSEN, Kenneth Bach
director · ~68y · appointed 2000-12-13 · resigned 2006-01-31
Resigned
SHELLEY, Mark Steven
director · ~58y · appointed 2007-11-13 · resigned 2009-12-29
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 1996-02-13 · resigned 1996-02-13
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge14/05/2020
outstanding
Barclays
Barclays Bank PLC
Debenture1 property23/11/2007
satisfied
Danske Bank a/S
Debenture1 property04/01/200130/11/2007
satisfied
Nestron
Nestron Limited
Rent deposit1 property12/04/199608/11/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-05
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2025-12-17
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-12-17
resolution
resolution · RESOLUTIONS
2025-12-17
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
appoint-person-director-company-with-name-date
officers · AP01
2021-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03