FULL BORE INDUSTRIES LIMITED
- · Oldest live charge 16.5y old — refinance window within 12 months
Opportunity 53/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 16.5y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (40 events)Click to expand
- 2016-12-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-12-27🏁Company dissolved
- 2015-08-19📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2015-07-07📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-12-23📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2014-11-11📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-11-01📄dissolution-application-strike-off-companydissolution · DS01
- 2014-07-25⚠️liquidation-in-administration-automatic-end-of-caseinsolvency · 2.30B
- 2014-07-14⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2014-05-14📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-11-26⚠️liquidation-in-administration-result-creditors-meetinginsolvency · 2.23B
- 2013-10-25📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-10-24⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2013-09-18📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-09-16⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2013-04-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-04-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-07-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-05-25📄appoint-person-director-company-with-nameofficers · AP01
- 2011-04-28➕HILL, Andrew Neil appointeddirector
- 2011-04-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-07-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-19📄change-person-director-company-with-change-dateofficers · CH01
- 2010-07-19📄change-person-director-company-with-change-dateofficers · CH01
- 2010-05-17📄termination-director-company-with-nameofficers · TM01
- 2010-05-12➖BROWNE, Christopher Peter resigneddirector
- 2010-04-20📄termination-secretary-company-with-nameofficers · TM02
- 2010-04-19➕TURNER, Tracy Anne appointedsecretary
- 2010-04-19➖BRERETON, Rachael Michelle resignedsecretary
- 2009-10-20🔒Charge registered #1Lender: Hsbc Bank PLC
- 2006-11-06➕BROWNE, Christopher Peter appointeddirector
- 2006-08-01➕BRERETON, Rachael Michelle appointeddirector
- 1998-07-13🏢Company incorporatedAs FULL BORE INDUSTRIES LIMITED
- 1998-07-13➕BRERETON, John Francis appointeddirector
- 1998-07-13➕BRERETON, Rachael Michelle appointedsecretary
- 1998-07-13➕EXPRESS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-07-13➖EXPRESS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-07-13➕EXPRESS DIRECTORS LIMITED appointedcorporate-nominee-director
- 1998-07-13➖EXPRESS DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-12-27
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-07-25: liquidation-in-administration-automatic-end-of-case; 2014-07-14: liquidation-in-administration-progress-report-with-brought-down-date
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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Active · Construction · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 101 DEVELOPMENTS LIMITED→ 06789931 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 13D LIMITED→ 14621607 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 150 UOR LTD→ 16965948 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 183 KEDLESTON LTD→ 14354664 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ST FOUNDATIONS LTD→ 05070908 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 2 BUILDERS DERBY LTD→ 12890068 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2012 PARTNERSHIP HOMES LTD→ 08240444 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 24HOURS RAPID RESPONSE PLUMBER LIMITED→ 16858145 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24HR ROOFING LIMITED→ 16201143 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2CANDO LOGISTICAL PROPERTY SERVICES LTD→ 10275638 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2D ELECTRICAL LTD→ 16702733 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2I CARS LIMITED→ 10620432 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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 →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
Registered office
Filing status
Officers (0 active · 4 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 20/10/2009 | — |