CLUB-RUGS LIMITED
⚰️Wound downdissolved
03450934 · ltd · incorporated 1997-10-16
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: SIC 5190
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 42/100. Strong seller-intent signal (78/100, director aged 76). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
8 live charges · 7 lenders · oldest 26.8y
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 26.8 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth 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
41
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 (50 events)Click to expand
- 2010-07-01⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-07-01🏁Company dissolved
- 2010-04-01⚠️liquidation-compulsory-completioninsolvency · L64.07
- 2009-06-30⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2009-06-29📄legacyofficers · 288b
- 2009-06-26➖FOARD, Raymond Thomas Joseph resigneddirector
- 2009-06-16📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2009-03-24📄gazette-notice-compulsorygazette · GAZ1
- 2008-09-23➖BENEZRA, Elliot Louis resigneddirector
- 2008-09-23📄legacyofficers · 288b
- 2008-05-20📄legacymortgage · 403a
- 2008-05-16📄legacymortgage · 403a
- 2008-05-15📄legacymortgage · 403a
- 2008-05-10🔓Charge satisfied #6
- 2008-05-10🔓Charge satisfied #5
- 2008-05-10🔓Charge satisfied #4
- 2008-05-08📄legacyannual-return · 363a
- 2007-09-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-06-27📄legacymortgage · 395
- 2007-06-14🔒Charge registered #8Lender: Ge Comercial Finance Limited
- 2007-05-23📄legacymortgage · 403a
- 2007-05-23🔓Charge satisfied #2
- 2007-05-01📄legacymortgage · 395
- 2007-04-26🔒Charge registered #7Lender: Conance Limited
- 2006-11-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-10-18📄legacyannual-return · 363a
- 2006-09-12📍legacyaddress · 287
- 2006-06-08📄legacymortgage · 395
- 2006-06-07🔒Charge registered #6Lender: Merchant Trade Finance Limited and/or Merchant Commercial Finance Limited
- 2005-12-12📄legacyannual-return · 363a
- 2005-12-02📄legacyofficers · 288c
- 2005-10-14📄legacymortgage · 395
- 2005-10-13🔒Charge registered #5Lender: Hsbc Bank PLC
- 2005-10-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-11-12📄legacyannual-return · 363a
- 2004-05-29📄legacymortgage · 395
- 2004-05-24🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2003-04-25🔒Charge registered #3Lender: Escala Limited
- 2002-08-23🔓Charge satisfied #1
- 2001-10-11➕BENEZRA, Elliot Louis appointeddirector
- 2001-10-11➕FOARD, Raymond Thomas Joseph appointeddirector
- 2001-09-03🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1999-08-19🔒Charge registered #1Lender: Barclays Bank PLC
- 1997-10-16🏢Company incorporatedAs CLUB-RUGS LIMITED
- 1997-10-16➕BENEZRA, Nina appointedsecretary
- 1997-10-16➕BENEZRA, Philip Joseph appointeddirector
- 1997-10-16➕COAD SECRETARIES LTD appointedcorporate-secretary
- 1997-10-16➖COAD SECRETARIES LTD resignedcorporate-secretary
- 1997-10-16➕ARCO NOMINEES LTD appointedcorporate-director
- 1997-10-16➖ARCO NOMINEES LTD resignedcorporate-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 29 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-07-01
3 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-07-01: gazette-dissolved-liquidation; 2010-04-01: liquidation-compulsory-completion
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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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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
Statusdissolved
Typeltd
Incorporated1997-10-16
Jurisdictionengland-wales
Primary SIC5190 — SIC 5190
Registered office
2nd Floor
85 Frampton Street
London
NW8 8NQ
Filing status
Accounts
Next due: —
Last made up to: 2006-11-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
Active
BENEZRA, Philip Joseph→
Activedirector · ~76y · appointed 1997-10-16
View their other companies + combined net worth →
COAD SECRETARIES LTD→
Resignedcorporate-secretary · appointed 1997-10-16 · resigned 1997-10-16
BENEZRA, Elliot Louis→
Resigneddirector · ~51y · appointed 2001-10-11 · resigned 2008-09-23
FOARD, Raymond Thomas Joseph→
Resigneddirector · ~59y · appointed 2001-10-11 · resigned 2009-06-26
ARCO NOMINEES LTD→
Resignedcorporate-director · appointed 1997-10-16 · resigned 1997-10-16
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
3
Outstanding
3
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ge Comercial Finance Ge Comercial Finance Limited | Composite all assets guarantee and debenture | 1 property | 14/06/2007 | — | |
| outstanding | Conance Conance Limited | Debenture | 1 property | 26/04/2007 | — | |
| satisfied | Merchant Trade Finance and/or Merchant Commercial Finance Merchant Trade Finance Limited and/or Merchant Commercial Finance Limited | Purchase merchant trading agreement | 1 property | 07/06/2006 | 10/05/2008 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 13/10/2005 | 10/05/2008 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of deposit | 1 property | 24/05/2004 | 10/05/2008 | |
| outstanding | Escala Escala Limited | Rent deposit deed | 1 property | 25/04/2003 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 03/09/2001 | 23/05/2007 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 19/08/1999 | 23/08/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (58 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-07-01
liquidation-compulsory-completion
insolvency · L64.07
2010-04-01
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2009-06-30
legacy
officers · 288b
2009-06-29
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2009-06-16
gazette-notice-compulsory
gazette · GAZ1
2009-03-24
legacy
officers · 288b
2008-09-23
legacy
mortgage · 403a
2008-05-20
legacy
mortgage · 403a
2008-05-16
legacy
mortgage · 403a
2008-05-15
legacy
annual-return · 363a
2008-05-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-09-11
legacy
mortgage · 395
2007-06-27
legacy
mortgage · 403a
2007-05-23
legacy
mortgage · 395
2007-05-01