LOGISTICS NORTHEAST LTD
⚰️Wound downdissolved
03319657 · ltd · incorporated 1997-02-17
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 25.8y old — refinance window within 12 months
🔒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 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 69). Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 25.8y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 25.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (49/100)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
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
65 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 (45 events)Click to expand
- 2010-10-26⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-10-26🏁Company dissolved
- 2010-07-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-07-26⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2010-04-13⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-08-19⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2009-04-16⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2009-04-16📄resolutionresolution · RESOLUTIONS
- 2009-04-16⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2009-04-14📍legacyaddress · 287
- 2008-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-03-15📄legacyannual-return · 363a
- 2008-03-14📄legacyofficers · 288a
- 2008-03-14📄legacyofficers · 288a
- 2008-03-14📄legacyofficers · 288b
- 2008-03-14📄legacyofficers · 288b
- 2008-01-02➕FAIRGRIEVE, Rachel Mary appointedsecretary
- 2008-01-02➕FAIRGRIEVE, Rachel Mary appointeddirector
- 2008-01-02➖WILSON, Donna Louise resignedsecretary
- 2007-08-02➖CLEMENTS, David resigneddirector
- 2007-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-03-15📄legacyannual-return · 363a
- 2007-03-15📄legacyofficers · 288c
- 2006-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-07-17📄legacyofficers · 288c
- 2006-03-13📄legacyannual-return · 363a
- 2005-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2005-03-04📄accounts-with-accounts-type-fullaccounts · AA
- 2005-03-04📄legacyannual-return · 363s
- 2004-03-22📄legacyannual-return · 363s
- 2003-11-27➕CLEMENTS, David appointeddirector
- 2003-11-27➖FAIRGRIEVE, Rachel Mary resigneddirector
- 2001-11-01➕FAIRGRIEVE, Ian David appointeddirector
- 2000-09-08🔒Charge registered #1Lender: Barclays Bank PLC
- 1998-05-20➖FAIRGRIEVE, Rachel Mary resignedsecretary
- 1998-04-17➕WILSON, Donna Louise appointedsecretary
- 1997-07-18➖CHEEL, Michael resigneddirector
- 1997-02-17🏢Company incorporatedAs LOGISTICS NORTHEAST LTD
- 1997-02-17➕FAIRGRIEVE, Rachel Mary appointedsecretary
- 1997-02-17➕CHANCERY BUSINESS COMMUNICATIONS LIMITED appointedcorporate-nominee-secretary
- 1997-02-17➖CHANCERY BUSINESS COMMUNICATIONS LIMITED resignedcorporate-nominee-secretary
- 1997-02-17➕CHEEL, Michael appointeddirector
- 1997-02-17➕COWAN, Stanford Russell appointednominee-director
- 1997-02-17➖COWAN, Stanford Russell resignednominee-director
- 1997-02-17➕FAIRGRIEVE, Rachel Mary appointeddirector
Owner dependency
91/100
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 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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 2010-10-26
7 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-10-26: gazette-dissolved-liquidation; 2010-07-26: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
🔒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
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|---|---|---|---|---|---|---|---|
| A J TRAINING SOLUTIONS LTD→ 11429273 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.J.C CONTRACTING SERVICES LIMITED→ 16560753 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED ELECTRIC MACHINES LIMITED→ 10480941 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AELIUS BIOTECH LIMITED→ 11535653 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AFFORDABELL ACCESS LIMITED→ 05758254 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| AFH (NE) LTD→ 13322773 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AFTERWORDS LIMITED→ 15691902 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGENCY POINT UK LIMITED→ 16324134 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGGRO DESIGN LIMITED→ 04727132 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| AGILE MARKETING CONSULTANCY LIMITED→ 10857187 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGILE OKR LTD→ 15219474 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGILEETO LIMITED→ 09837068 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated1997-02-17
Jurisdictionengland-wales
Primary SIC7487 — SIC 7487
Registered office
Fernwood House Fernwood Road
Jesmond
Newcastle Upon Tyne
NE2 1TJ
Filing status
Accounts
Next due: —
Last made up to: 2008-02-29
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
FAIRGRIEVE, Rachel Mary→
Activesecretary · appointed 2008-01-02
View their other companies + combined net worth →
FAIRGRIEVE, Ian David→
Activedirector · ~69y · appointed 2001-11-01
View their other companies + combined net worth →
FAIRGRIEVE, Rachel Mary→
Activedirector · ~60y · appointed 2008-01-02
View their other companies + combined net worth →
FAIRGRIEVE, Rachel Mary→
Resignedsecretary · appointed 1997-02-17 · resigned 1998-05-20
WILSON, Donna Louise→
Resignedsecretary · appointed 1998-04-17 · resigned 2008-01-02
CHANCERY BUSINESS COMMUNICATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-02-17 · resigned 1997-02-17
CHEEL, Michael→
Resigneddirector · ~81y · appointed 1997-02-17 · resigned 1997-07-18
CLEMENTS, David→
Resigneddirector · ~57y · appointed 2003-11-27 · resigned 2007-08-02
COWAN, Stanford Russell→
Resignednominee-director · ~90y · appointed 1997-02-17 · resigned 1997-02-17
FAIRGRIEVE, Rachel Mary→
Resigneddirector · ~60y · appointed 1997-02-17 · resigned 2003-11-27
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 08/09/2000 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-10-26
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-07-26
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2010-07-26
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-04-13
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2009-08-19
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2009-04-16
resolution
resolution · RESOLUTIONS
2009-04-16
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2009-04-16
legacy
address · 287
2009-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2008-12-18
legacy
annual-return · 363a
2008-03-15
legacy
officers · 288a
2008-03-14
legacy
officers · 288a
2008-03-14
legacy
officers · 288b
2008-03-14
legacy
officers · 288b
2008-03-14