SCHOLES & LOMAX LIMITED

⚰️Wound downconverted-closed
03258568 · converted-or-closed · incorporated 1996-10-03
Investment thesis
Company converted closed — 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 28.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

1 live charge · oldest 28.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 28.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: low (52/100)

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
24 officers (3 active, 24 linked, 16 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
70
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 (72 events)Click to expand
  1. 2018-03-27
    📄
    miscellaneous
    miscellaneous · MISC
  2. 2018-03-27
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2018-03-27
    🏁
    Company dissolved
  4. 2017-08-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2016-08-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2015-08-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2015-05-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2015-01-14
    📄
    appoint-corporate-director-company-with-name-date
    officers · AP02
  9. 2015-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2015-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2015-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2014-10-06
    ➕
    CROSSLAND, Anthony Philip James appointed
    director
  13. 2014-10-06
    ➕
    CWS (NO.1) LIMITED appointed
    corporate-director
  14. 2014-10-06
    ➖
    NUTTALL, John Branson resigned
    director
  15. 2014-10-06
    ➖
    SMITH, Anthony John resigned
    director
  16. 2014-08-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-06-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2014-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2014-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2013-11-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2013-06-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2012-12-04
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  23. 2012-10-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2012-07-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2011-10-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2011-06-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2010-10-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  28. 2010-08-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2010-03-31
    ➖
    BATTY, Peter David resigned
    director
  30. 2010-03-26
    ➕
    SELLERS, Caroline Jane appointed
    secretary
  31. 2010-03-26
    ➖
    ELDRIDGE, Katherine Elizabeth resigned
    secretary
  32. 2009-07-24
    ➕
    BATTY, Peter David appointed
    director
  33. 2009-07-24
    ➖
    FARQUHAR, Gordon Hillocks resigned
    director
  34. 2009-03-10
    ➖
    BROCKLEHURST, Jonathan David resigned
    director
  35. 2009-03-10
    ➕
    SMITH, Anthony John appointed
    director
  36. 2007-12-14
    ➕
    ELDRIDGE, Katherine Elizabeth appointed
    secretary
  37. 2007-12-14
    ➖
    UCL SECRETARY LIMITED resigned
    corporate-secretary
  38. 2007-10-25
    ➕
    BRAITHWAITE, Neil appointed
    director
  39. 2007-10-25
    ➖
    BRAITHWAITE, Neil resigned
    director
  40. 2007-10-25
    ➕
    BROCKLEHURST, Jonathan David appointed
    director
  41. 2007-10-25
    ➕
    FARQUHAR, Gordon Hillocks appointed
    director
  42. 2007-10-25
    ➕
    NUTTALL, John Branson appointed
    director
  43. 2007-10-25
    ➖
    UCL DIRECTOR 1 LIMITED resigned
    corporate-director
  44. 2006-02-06
    ➖
    JONES, Philip Robert resigned
    secretary
  45. 2006-02-06
    ➕
    UCL SECRETARY LIMITED appointed
    corporate-secretary
  46. 2006-02-06
    ➖
    JONES, Philip Robert resigned
    director
  47. 2006-02-06
    ➖
    NUTTALL, John Branson resigned
    director
  48. 2006-02-06
    ➕
    UCL DIRECTOR 1 LIMITED appointed
    corporate-director
  49. 2004-07-30
    ➕
    JONES, Philip Robert appointed
    director
  50. 2004-07-30
    ➖
    THOMPSON, Christopher Howard Gould resigned
    director
Showing most recent 50 of 72 events

Owner dependency

81/100
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.
  • +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 high ·
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: 2018-10-11

🔒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

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

Statusconverted-closed
Typeconverted-or-closed
Incorporated1996-10-03
Jurisdictionengland-wales
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

1 Angel Square
Manchester
M60 0AG

Filing status

Accounts
Next due: 2018-10-11OVERDUE
Last made up to: 2017-01-11
Confirmation statement
Next due: —
Last: —

Officers (0 active · 21 resigned)

SELLERS, Caroline Jane→
secretary · appointed 2010-03-26
View their other companies + combined net worth →
Active
CROSSLAND, Anthony Philip James→
director · ~61y · appointed 2014-10-06
View their other companies + combined net worth →
Active
CWS (NO.1) LIMITED→
corporate-director · appointed 2014-10-06
View their other companies + combined net worth →
Active
ELDRIDGE, Katherine Elizabeth→
secretary · appointed 2007-12-14 · resigned 2010-03-26
Resigned
JONES, Philip Robert→
secretary · appointed 2001-04-09 · resigned 2006-02-06
Resigned
ROSE, Marilyn Joy→
secretary · appointed 1996-10-03 · resigned 2001-04-09
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1996-10-03 · resigned 1996-10-03
Resigned
UCL SECRETARY LIMITED→
corporate-secretary · appointed 2006-02-06 · resigned 2007-12-14
Resigned
BATTY, Peter David→
director · ~60y · appointed 2009-07-24 · resigned 2010-03-31
Resigned
BEAUMONT, Martin Dudley→
director · ~77y · appointed 2001-04-09 · resigned 2002-09-07
Resigned
BLADON, Trevor Hyman→
director · ~76y · appointed 1996-11-29 · resigned 2001-04-09
Resigned
BRAITHWAITE, Neil→
director · ~67y · appointed 2007-10-25 · resigned 2007-10-25
Resigned
BROCKLEHURST, Jonathan David→
director · ~58y · appointed 2007-10-25 · resigned 2009-03-10
Resigned
CHALMERS, Arthur→
director · ~62y · appointed 2001-04-09 · resigned 2001-06-05
Resigned
FARQUHAR, Gordon Hillocks→
director · ~63y · appointed 2007-10-25 · resigned 2009-07-24
Resigned
HERITAGE, Joanna Leigh→
director · ~60y · appointed 2001-04-09 · resigned 2003-05-30
Resigned
JONES, Philip Robert→
director · ~72y · appointed 2004-07-30 · resigned 2006-02-06
Resigned
KEW, Philip Anthony→
director · ~76y · appointed 2001-04-09 · resigned 2002-09-06
Resigned
NUTTALL, John Branson→
director · ~63y · appointed 2007-10-25 · resigned 2014-10-06
Resigned
NUTTALL, John Branson→
director · ~63y · appointed 2001-04-09 · resigned 2006-02-06
Resigned

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
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property09/02/199812/04/2001

Recent filings (112 total)

miscellaneous
miscellaneous · MISC
2018-03-27
resolution
resolution · RESOLUTIONS
2018-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-08-02
accounts-with-accounts-type-dormant
accounts · AA
2017-08-01
accounts-with-accounts-type-dormant
accounts · AA
2016-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2016-08-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-06
accounts-with-accounts-type-dormant
accounts · AA
2015-05-22
appoint-corporate-director-company-with-name-date
officers · AP02
2015-01-14
appoint-person-director-company-with-name-date
officers · AP01
2015-01-13
termination-director-company-with-name-termination-date
officers · TM01
2015-01-13
termination-director-company-with-name-termination-date
officers · TM01
2015-01-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-22
accounts-with-accounts-type-dormant
accounts · AA
2014-06-23
change-person-director-company-with-change-date
officers · CH01
2014-02-27