CUMBRIA X-PRESS LIMITED

⚰️Wound downliquidation
03310445 · ltd · incorporated 1997-01-31
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 Jun 2024
Net worth
book net assets
Opportunity
42/100
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What this business does
Primary activity: Postal activities under universal service obligation
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 42/100 (watch), bankability 22/100. Strong seller-intent signal (70/100, director aged 79). 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

11 live charges · 5 lenders · oldest 28.5y

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 28.5 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 60/100 (high).

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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
42/100Watch
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
23
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Average employees19002000

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

🔒Filing-note intelligence

4 signals 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
6
filings
  • 3 insolvency
  • 1 address
  • 1 resolution
Last 180 days
6
filings
  • 3 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2026-06-05
    ⚠️
    liquidation-disclaimer-notice
    insolvency · NDISC
  2. 2026-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-05-29
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2026-05-29
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2026-05-29
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  6. 2026-05-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-04-02
    🔒
    Charge registered #11
    Lender: Liberty Leasing Limited
  9. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-03-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2023-03-23
    DIXON, Elizabeth resigned
    secretary
  14. 2022-06-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2022-06-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-06-08
    🔓
    Charge satisfied #10
  17. 2022-06-08
    🔓
    Charge satisfied #9
  18. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-02-12
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  21. 2021-02-12
    📍
    change-sail-address-company-with-new-address
    address · AD02
  22. 2020-11-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2020-11-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2020-11-03
    🔓
    Charge satisfied #7
  25. 2020-11-03
    🔓
    Charge satisfied #6
  26. 2020-11-03
    🔓
    Charge satisfied #5
  27. 2020-11-03
    🔓
    Charge satisfied #4
  28. 2020-10-21
    🔒
    Charge registered #10
    Lender: Alternative Bridging (UK 1) Limited
  29. 2020-10-21
    🔒
    Charge registered #9
    Lender: Alternative Bridging (UK 1) Limited
  30. 2020-10-21
    🔒
    Charge registered #8
    Lender: Bibby Financial Services LTD (As Security Trustee)
  31. 2007-03-01
    DIXON, Reginald William appointed
    director
  32. 2007-03-01
    LUCK, Malcolm Stephen appointed
    director
  33. 2007-03-01
    DIXON, Elizabeth appointed
    secretary
  34. 2007-03-01
    STREIT, Linda Mary resigned
    secretary
  35. 2007-03-01
    STREIT, John Peter resigned
    director
  36. 2007-03-01
    STREIT, Linda Mary resigned
    director
  37. 2007-03-01
    🔒
    Charge registered #7
    Lender: Barclays Bank PLC
  38. 2007-02-21
    🔓
    Charge satisfied #2
  39. 2007-02-21
    🔓
    Charge satisfied #3
  40. 2007-02-21
    🔓
    Charge satisfied #1
  41. 2003-08-13
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  42. 2003-08-13
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  43. 2003-02-12
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  44. 1999-09-30
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  45. 1999-09-24
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  46. 1998-01-19
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  47. 1997-01-31
    🏢
    Company incorporated
    As CUMBRIA X-PRESS LIMITED
  48. 1997-01-31
    STREIT, Linda Mary appointed
    secretary
  49. 1997-01-31
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  50. 1997-01-31
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
Showing most recent 50 of 54 events

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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

84/100
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 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • 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

3 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: 2026-03-31

Company in liquidation
high

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

3 insolvency-related filings on record
high

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

Evidence: 2026-06-05: liquidation-disclaimer-notice; 2026-05-29: 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.

Group structure

Cumbria X-Press Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cumbria X-Press Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CUMBRIA X-PRESS LIMITED
This company · 03310445

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Cumbria X-Press Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated1997-01-31
Jurisdictionengland-wales
Primary SIC53100 — Postal activities under universal service obligation

Registered office

20 Roundhouse Court South Rings Business Park
Bamber Bridge
Preston
PR5 6DA

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (2 active · 6 resigned)

DIXON, Reginald William
director · ~79y · appointed 2007-03-01
View their other companies + combined net worth →
Active
LUCK, Malcolm Stephen
director · ~68y · appointed 2007-03-01
View their other companies + combined net worth →
Active
DIXON, Elizabeth
secretary · appointed 2007-03-01 · resigned 2023-03-23
Resigned
STREIT, Linda Mary
secretary · appointed 1997-01-31 · resigned 2007-03-01
Resigned
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1997-01-31 · resigned 1997-01-31
Resigned
STREIT, John Peter
director · ~81y · appointed 1997-01-31 · resigned 2007-03-01
Resigned
STREIT, Linda Mary
director · ~80y · appointed 1997-01-31 · resigned 2007-03-01
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 1997-01-31 · resigned 1997-01-31
Resigned

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

Mortgages & charges

11
Total charges
2
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Liberty Leasing
Liberty Leasing Limited
A registered charge02/04/2025
satisfied
Alternative Bridging (UK 1)
Alternative Bridging (UK 1) Limited
A registered charge2 properties21/10/202008/06/2022
satisfied
Alternative Bridging (UK 1)
Alternative Bridging (UK 1) Limited
A registered charge2 properties21/10/202008/06/2022
outstanding
Bibby Financial Services
Bibby Financial Services LTD (As Security Trustee)
A registered charge4 properties21/10/2020
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property01/03/200703/11/2020
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property13/08/200303/11/2020
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property13/08/200303/11/2020
satisfied
Barclays
Barclays Bank PLC
Debenture1 property12/02/200303/11/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property30/09/199921/02/2007
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property24/09/199921/02/2007
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property19/01/199821/02/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

liquidation-disclaimer-notice
insolvency · NDISC
2026-06-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-29
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-05-29
resolution
resolution · RESOLUTIONS
2026-05-29
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-05-29
gazette-notice-compulsory
gazette · GAZ1
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-01