FGS (UK) LTD
⚰️Wound downdissolved
03635139 · ltd · incorporated 1998-09-21
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 27.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 80). 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 (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 27.6y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 27.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (56/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
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 (28 events)Click to expand
- 2025-09-06⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-09-06🏁Company dissolved
- 2025-06-06⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2024-06-14⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2023-06-08⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2023-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-18⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2022-05-09⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2022-04-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-14📄resolutionresolution · RESOLUTIONS
- 2022-04-14⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2021-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1998-11-03🔒Charge registered #1Lender: Midland Bank PLC
- 1998-09-21🏢Company incorporatedAs FGS (UK) LTD
- 1998-09-21➕KENNEDY, Alfreda Maud appointedsecretary
- 1998-09-21➕KENNEDY, William Leonard appointeddirector
- 1998-09-21➕CHANCERY BUSINESS COMMUNICATIONS LTD appointedcorporate-secretary
- 1998-09-21➖CHANCERY BUSINESS COMMUNICATIONS LTD resignedcorporate-secretary
- 1998-09-21➕COWAN, Judy Rosalie appointeddirector
- 1998-09-21➖COWAN, Judy Rosalie resigneddirector
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 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — 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 80 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 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 dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-09-06
7 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-09-06: gazette-dissolved-liquidation; 2025-06-06: liquidation-voluntary-creditors-return-of-final-meeting
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Leonard Kennedy Individual · British · DOB 05/1946 · age 80 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Construction · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 21ST CENTURY STYLE LIMITED→ 03896886 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 282 BUILDING SOLUTIONS LTD→ 13008687 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 35 ALBERT RD DEVELOPMENT LTD→ 15354351 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 574 PROPERTY LIMITED→ 16785066 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 7BRIDGES LIVING LTD→ 13412319 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A & A SCAFFOLDING (NE) LTD→ 14070855 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A AND T INVESTMENT GROUP LTD→ 12010342 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A ARMSTRONG ROOFING LIMITED→ 10330844 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A. BENSON PROPERTIES LIMITED→ 06331862 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| A.A.S. CONTRACTORS LTD→ 13263191 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A.ARMSTRONG WIND SERVICES LTD→ 15183314 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.B. (NE) LIMITED→ 08719468 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated1998-09-21
Jurisdictionengland-wales
Primary SIC43290 — Other construction installation
Registered office
Ground Floor Portland House
New Bridge Street West
Newcastle Upon Tyne
NE1 8AL
Filing status
Accounts
Next due: —
Last made up to: 2020-08-31
Confirmation statement
Next due: —
Last: 2021-10-25
Officers (0 active · 2 resigned)
KENNEDY, Alfreda Maud→
Activesecretary · appointed 1998-09-21
View their other companies + combined net worth →
KENNEDY, William Leonard→
Activedirector · ~80y · appointed 1998-09-21
View their other companies + combined net worth →
CHANCERY BUSINESS COMMUNICATIONS LTD→
Resignedcorporate-secretary · appointed 1998-09-21 · resigned 1998-09-21
COWAN, Judy Rosalie→
Resigneddirector · ~87y · appointed 1998-09-21 · resigned 1998-09-21
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 03/11/1998 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
gazette-dissolved-liquidation
gazette · GAZ2
2025-09-06
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2025-06-06
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2024-06-14
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2023-06-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-29
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2022-05-18
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2022-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-15
resolution
resolution · RESOLUTIONS
2022-04-14
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2022-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-10-23