STRUCTURAL SYSTEMS LIMITED
⚰️Wound downdissolved
03499709 · ltd · incorporated 1998-01-27
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 25.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
56/100
Worth a look
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 56/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 78). 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 (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 25.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (59/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth 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
70
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 (52 events)Click to expand
- 2023-01-24📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-01-24🏁Company dissolved
- 2022-11-08📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-10-27📄dissolution-application-strike-off-companydissolution · DS01
- 2022-08-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-04-22📄resolutionresolution · RESOLUTIONS
- 2022-04-22📄resolutionresolution · RESOLUTIONS
- 2022-03-30📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-03-30📄legacycapital · SH20
- 2022-03-30⚠️legacyinsolvency · CAP-SS
- 2022-03-30📄resolutionresolution · RESOLUTIONS
- 2022-03-29📄capital-allotment-sharescapital · SH01
- 2022-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-29📄capital-allotment-sharescapital · SH01
- 2022-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-25➖ALBION SECTIONS LTD resignedcorporate-director
- 2022-03-24➖TYERS, Richard Charles Alexander resigneddirector
- 2022-03-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-23➕HILL, Ronald Edward appointeddirector
- 2022-03-23➕ALBION SECTIONS LTD appointedcorporate-director
- 2022-03-23📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2022-03-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-03-05➖TYERS, Richard Charles Alexander resignedsecretary
- 2022-01-04📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-03📄accounts-with-accounts-type-smallaccounts · AA
- 2021-03-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2017-12-16🔓Charge satisfied #1
- 2014-01-28🔒Charge registered #2Lender: Hsbc Bank PLC
- 2013-01-31➖CURTIS, Steven resigneddirector
- 2013-01-31➖LOVERING, Simon John Charles resigneddirector
- 2011-11-09➖WALLER, Melville Graham Duncan resigneddirector
- 2011-02-01➕CURTIS, Steven appointeddirector
- 2011-02-01➕LOVERING, Simon John Charles appointeddirector
- 2011-02-01➖SANDERS, Bradley John resigneddirector
- 2008-12-02➕SANDERS, Bradley John appointeddirector
- 2007-11-14➖CHARD, David resigneddirector
- 2007-11-13➖CHARD, David resignedsecretary
- 2007-11-13➕TYERS, Richard Charles Alexander appointedsecretary
- 2001-01-11🔒Charge registered #1Lender: National Westminster Bank PLC
- 2000-08-31➖GRIFFITHS, Ian Michael resigneddirector
- 1999-04-01➕GRIFFITHS, Ian Michael appointeddirector
- 1998-01-27🏢Company incorporatedAs STRUCTURAL SYSTEMS LIMITED
- 1998-01-27➕CHARD, David appointedsecretary
- 1998-01-27➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1998-01-27➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1998-01-27➕CHARD, David appointeddirector
Showing most recent 50 of 52 events
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
85/100
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 78 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-01-24
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-03-30: legacy
Group structure
Sebden Steel Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sebden Steel Limited
Corporate parent · holds 75-100% shares · board control
⬇
STRUCTURAL SYSTEMS LIMITED
This company · 03499709
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sebden Steel Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/03/2022 |
2 historic (ceased) PSCs
- Albion Sections Limitedceased 29/03/2022· 75-100% shares · 75-100% voting
- Sebden Steel Ltdceased 06/04/2016· 75-100% shares · 75-100% voting
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 →Similar companies
Active · Construction · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A BUILD LIMITED→ 11712584 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A. C. BADLAN LIMITED→ 04545994 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A&B WINDOWS LTD→ 14732330 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AB ELECTRICAL BIRMINGHAM LTD→ 13088411 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABDUL BAGAIL LTD→ 16274106 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABDUL H CONSTRUCTION LTD→ 16578183 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABHI CONTRACTORS LTD→ 11238984 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ABLE BUILD LIMITED→ 07977714 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ABLE DOUBLE GLAZING LTD→ 16287552 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABLE SCAFFOLDING ( BIRMINGHAM) LTD→ 11451568 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABLEGLAZE BIRMINGHAM LTD→ 04837428 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ABNAS ENERGY LIMITED→ 16227758 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1998-01-27
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
2 Albion Road
West Bromwich
West Midlands
B70 8BD
Filing status
Accounts
Next due: —
Last made up to: 2021-03-25
Confirmation statement
Next due: —
Last: —
Officers (0 active · 11 resigned)
HILL, Ronald Edward→
Activedirector · ~78y · appointed 2022-03-23
View their other companies + combined net worth →
CHARD, David→
Resignedsecretary · appointed 1998-01-27 · resigned 2007-11-13
TYERS, Richard Charles Alexander→
Resignedsecretary · appointed 2007-11-13 · resigned 2022-03-05
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-01-27 · resigned 1998-01-27
CHARD, David→
Resigneddirector · ~72y · appointed 1998-01-27 · resigned 2007-11-14
CURTIS, Steven→
Resigneddirector · ~62y · appointed 2011-02-01 · resigned 2013-01-31
GRIFFITHS, Ian Michael→
Resigneddirector · ~62y · appointed 1999-04-01 · resigned 2000-08-31
LOVERING, Simon John Charles→
Resigneddirector · ~54y · appointed 2011-02-01 · resigned 2013-01-31
SANDERS, Bradley John→
Resigneddirector · ~63y · appointed 2008-12-02 · resigned 2011-02-01
TYERS, Richard Charles Alexander→
Resigneddirector · ~70y · appointed 1998-01-27 · resigned 2022-03-24
WALLER, Melville Graham Duncan→
Resigneddirector · ~77y · appointed 1998-01-27 · resigned 2011-11-09
ALBION SECTIONS LTD→
Resignedcorporate-director · appointed 2022-03-23 · resigned 2022-03-25
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 28/01/2014 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 11/01/2001 | 16/12/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-01-24
gazette-notice-voluntary
gazette · GAZ1(A)
2022-11-08
dissolution-application-strike-off-company
dissolution · DS01
2022-10-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-08-30
resolution
resolution · RESOLUTIONS
2022-04-22
resolution
resolution · RESOLUTIONS
2022-04-22
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-03-30
legacy
capital · SH20
2022-03-30
legacy
insolvency · CAP-SS
2022-03-30
resolution
resolution · RESOLUTIONS
2022-03-30
capital-allotment-shares
capital · SH01
2022-03-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-03-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-29
capital-allotment-shares
capital · SH01
2022-03-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-03-29