BAE SYSTEMS SHARE PLANS TRUSTEE LIMITED

⚰️Wound downdissolved
03472437 · ltd · incorporated 1997-11-27
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
51/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 51/100 (worth a look), bankability 50/100. Strong seller-intent signal (70/100, director aged 65). 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: strategic trade sale (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth 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
90
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 (33 events)Click to expand
  1. 2024-07-30
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2024-07-30
    🏁
    Company dissolved
  3. 2024-04-30
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  4. 2023-12-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-12-28
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  6. 2023-12-28
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2023-12-28
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  8. 2023-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-12-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2023-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-08-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2022-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2021-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-07-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2017-07-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2002-04-05
    MORGAN, Terence Keith, Sir resigned
    director
  21. 2001-05-23
    HOLDING, Ann-Louise appointed
    director
  22. 2001-05-23
    BLACK, Terence Robert William resigned
    director
  23. 1999-02-26
    BLACK, Terence Robert William appointed
    director
  24. 1999-02-26
    CARROLL, Stuart Paul resigned
    director
  25. 1997-12-09
    PARKES, David Stanley appointed
    secretary
  26. 1997-12-09
    PARKES, David Stanley appointed
    director
  27. 1997-12-09
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  28. 1997-12-09
    CARROLL, Stuart Paul appointed
    director
  29. 1997-12-09
    MORGAN, Terence Keith, Sir appointed
    director
  30. 1997-12-09
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director
  31. 1997-11-27
    🏢
    Company incorporated
    As BAE SYSTEMS SHARE PLANS TRUSTEE LIMITED
  32. 1997-11-27
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  33. 1997-11-27
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director

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 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

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 65. 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 28 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
high

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

Evidence: Dissolved on 2024-07-30

4 insolvency-related filings on record
high

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

Evidence: 2024-07-30: gazette-dissolved-liquidation; 2024-04-30: liquidation-voluntary-members-return-of-final-meeting

Group structure

Bae Systems Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bae Systems Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
BAE SYSTEMS SHARE PLANS TRUSTEE LIMITED
This company · 03472437

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
Bae Systems Plc
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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🔒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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated1997-11-27
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

C/O Interpath Ltd
10 Fleet Place
London
EC4M 7RB

Filing status

Accounts
Next due:
Last made up to: 2022-12-31
Confirmation statement
Next due:
Last: 2023-09-04

Officers (0 active · 5 resigned)

PARKES, David Stanley
secretary · appointed 1997-12-09
View their other companies + combined net worth →
Active
HOLDING, Ann-Louise
director · ~65y · appointed 2001-05-23
View their other companies + combined net worth →
Active
PARKES, David Stanley
director · ~63y · appointed 1997-12-09
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1997-11-27 · resigned 1997-12-09
Resigned
BLACK, Terence Robert William
director · ~67y · appointed 1999-02-26 · resigned 2001-05-23
Resigned
CARROLL, Stuart Paul
director · ~75y · appointed 1997-12-09 · resigned 1999-02-26
Resigned
MORGAN, Terence Keith, Sir
director · ~78y · appointed 1997-12-09 · resigned 2002-04-05
Resigned
INSTANT COMPANIES LIMITED
corporate-nominee-director · appointed 1997-11-27 · resigned 1997-12-09
Resigned

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

Recent filings (87 total)

gazette-dissolved-liquidation
gazette · GAZ2
2024-07-30
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2024-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-28
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2023-12-28
resolution
resolution · RESOLUTIONS
2023-12-28
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2023-12-28
change-person-director-company-with-change-date
officers · CH01
2023-12-12
change-person-secretary-company-with-change-date
officers · CH03
2023-12-11
change-person-director-company-with-change-date
officers · CH01
2023-12-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-04
accounts-with-accounts-type-dormant
accounts · AA
2023-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
accounts-with-accounts-type-dormant
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02