MUSTANG ENTERPRISES LIMITED

⚰️Wound downdissolved
03421503 · ltd · incorporated 1997-08-19
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 20.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 46439
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 67). 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

4 live charges · 2 lenders · oldest 20.9y

70/100
ready

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

  • · Oldest live charge is 20.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: low (54/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 5 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
59
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 (41 events)Click to expand
  1. 2025-12-02
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2025-12-02
    🏁
    Company dissolved
  3. 2025-09-16
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2025-09-03
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-07-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-07-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2018-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-02-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-09-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-06-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2014-10-16
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  19. 2014-09-10
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  20. 2014-08-19
    🔓
    Charge satisfied #2
  21. 2014-08-19
    🔓
    Charge satisfied #1
  22. 2011-08-01
    ➖
    HUNT, Robert Paul resigned
    director
  23. 2008-02-01
    ➕
    SMITH, Toni Laura Buckingham appointed
    secretary
  24. 2008-02-01
    ➖
    SMITH, Saphia Victoria Louise resigned
    secretary
  25. 2005-07-27
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  26. 2005-07-14
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  27. 2002-10-01
    ➕
    SMITH, Paul John appointed
    director
  28. 2001-01-29
    ➖
    MAY, Rosemary Ann resigned
    secretary
  29. 2001-01-29
    ➕
    SMITH, Saphia Victoria Louise appointed
    secretary
  30. 2000-03-01
    ➕
    HUNT, Robert Paul appointed
    director
  31. 1999-07-21
    ➕
    SMITH, Tracey Saphia Louise appointed
    director
  32. 1999-07-21
    ➕
    MAY, Rosemary Ann appointed
    secretary
  33. 1999-07-21
    ➖
    SMITH, Tracey Saphia Louise resigned
    secretary
  34. 1999-07-21
    ➖
    SMITH, Paul John resigned
    director
  35. 1997-08-20
    ➖
    GRAEME, Dorothy May resigned
    nominee-secretary
  36. 1997-08-20
    ➕
    SMITH, Tracey Saphia Louise appointed
    secretary
  37. 1997-08-20
    ➖
    GRAEME, Lesley Joyce resigned
    nominee-director
  38. 1997-08-20
    ➕
    SMITH, Paul John appointed
    director
  39. 1997-08-19
    🏢
    Company incorporated
    As MUSTANG ENTERPRISES LIMITED
  40. 1997-08-19
    ➕
    GRAEME, Dorothy May appointed
    nominee-secretary
  41. 1997-08-19
    ➕
    GRAEME, Lesley Joyce appointed
    nominee-director

Owner dependency

91/100
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 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. 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 27 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

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2025-12-02

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul John Smith
Individual · British · DOB 06/1959 · age 67
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence01/08/2016
Mrs Tracey Saphia Louise Smith
Individual · British · DOB 03/1963 · age 63
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence01/08/2016

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

Similar companies

Active · Wholesale & distribution · CB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AMANAH ENTERPRISE LTD→
13045071 · est 2020 · no financials extracted
————5y——
ASSELIN LIMITED→
14781555 · est 2023 · no financials extracted
————3y——
ATLAS MART UK LTD→
16988195 · est 2026 · no financials extracted
———————
AURAVIE LTD→
16201910 · est 2025 · no financials extracted
————1y——
AURUM & SONS LTD→
16437432 · est 2025 · no financials extracted
———————
AUSTRALIA DEMAN GROUP LIMITED→
16167817 · est 2025 · no financials extracted
————1y——
AUSTRALIA VARO INTERNATIONAL BIOTECHNOLOGY LIMITED→
15683912 · est 2024 · no financials extracted
————1y——
AUTHENTICARD LTD→
07829821 · est 2011 · no financials extracted
————14y——
AVENOR GROUP LTD→
16360351 · est 2025 · no financials extracted
————1y——
AVOLIA LTD→
16654337 · est 2025 · no financials extracted
———————
AWAH TRADING CO., LTD→
14710781 · est 2023 · no financials extracted
————3y——
AXZYRA LIMITED→
09703215 · est 2015 · no financials extracted
————10y——
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
Incorporated1997-08-19
Jurisdictionengland-wales
Primary SIC46439 — SIC 46439

Registered office

4 Kedington Road
Sturmer
Haverhill
Essex
CB9 7XS
United Kingdom

Filing status

Accounts
Next due: —
Last made up to: 2024-10-31
Confirmation statement
Next due: —
Last: 2024-08-19

Officers (0 active · 7 resigned)

SMITH, Toni Laura Buckingham→
secretary · appointed 2008-02-01
View their other companies + combined net worth →
Active
SMITH, Paul John→
director · ~67y · appointed 2002-10-01
View their other companies + combined net worth →
Active
SMITH, Tracey Saphia Louise→
director · ~63y · appointed 1999-07-21
View their other companies + combined net worth →
Active
GRAEME, Dorothy May→
nominee-secretary · appointed 1997-08-19 · resigned 1997-08-20
Resigned
MAY, Rosemary Ann→
secretary · appointed 1999-07-21 · resigned 2001-01-29
Resigned
SMITH, Saphia Victoria Louise→
secretary · appointed 2001-01-29 · resigned 2008-02-01
Resigned
SMITH, Tracey Saphia Louise→
secretary · appointed 1997-08-20 · resigned 1999-07-21
Resigned
GRAEME, Lesley Joyce→
nominee-director · ~73y · appointed 1997-08-19 · resigned 1997-08-20
Resigned
HUNT, Robert Paul→
director · ~76y · appointed 2000-03-01 · resigned 2011-08-01
Resigned
SMITH, Paul John→
director · ~67y · appointed 1997-08-20 · resigned 1999-07-21
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 Bank PLC
A registered charge1 property16/10/2014—
outstanding
Barclays
Barclays Bank PLC
A registered charge—10/09/2014—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property27/07/200519/08/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property14/07/200519/08/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2025-12-02
gazette-notice-voluntary
gazette · GAZ1(A)
2025-09-16
dissolution-application-strike-off-company
dissolution · DS01
2025-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-31
accounts-with-accounts-type-dormant
accounts · AA
2024-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-27