CAPSTONE (DBT) LIMITED
⚰️Wound downliquidation
03643685 · ltd · incorporated 1998-10-05
Investment thesis
Company liquidation — 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
32/100
Pass
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 32/100 (pass), bankability 12/100. 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: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
8 live charges · 4 lenders · oldest 27.4y
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 27.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (48/100)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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
32/100Pass
PassWatchWorth a lookStrongExceptional
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
5
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 (48 events)Click to expand
- 2015-11-17⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-11-13⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-11-06⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2013-11-05📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-10-24⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2013-10-24📄resolutionresolution · RESOLUTIONS
- 2013-10-24⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2013-06-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-11-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-03-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-11-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-11-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-11-02📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-02-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2010-02-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-02-02📄gazette-notice-compulsarygazette · GAZ1
- 2009-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2008-10-30📄legacymortgage · 403a
- 2008-10-30📄legacymortgage · 403a
- 2008-10-30📄legacymortgage · 403a
- 2008-10-30📄legacymortgage · 403a
- 2008-10-30📄legacymortgage · 403a
- 2008-10-30📄legacymortgage · 403a
- 2008-10-29🔓Charge satisfied #6
- 2008-10-29🔓Charge satisfied #5
- 2008-10-29🔓Charge satisfied #4
- 2008-10-29🔓Charge satisfied #3
- 2008-10-29🔓Charge satisfied #2
- 2008-10-29🔓Charge satisfied #1
- 2008-10-08🔒Charge registered #7Lender: National Westminster Bank PLC
- 2008-10-05🔒Charge registered #8Lender: National Westminster Bank PLC
- 2000-11-10➖RANCE, Piers David resigneddirector
- 2000-11-10🔒Charge registered #6Lender: West Bromwich Building Society
- 2000-11-10🔒Charge registered #5Lender: West Bromwich Building Society
- 2000-04-06🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2000-04-06🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2000-01-26➕WRIGHT, James Benjamin appointeddirector
- 1999-11-01🔒Charge registered #2Lender: The British Linen Bank Limited
- 1998-12-23🔒Charge registered #1Lender: The British Linen Bank Limited
- 1998-10-09➕CRONK, Nicholas Stuart appointedsecretary
- 1998-10-09➖HALLMARK SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-10-09➕RANCE, Piers David appointeddirector
- 1998-10-09➖HALLMARK REGISTRARS LIMITED resignedcorporate-nominee-director
- 1998-10-05🏢Company incorporatedAs CAPSTONE (DBT) LIMITED
- 1998-10-05➕HALLMARK SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-10-05➕HALLMARK REGISTRARS LIMITED appointedcorporate-nominee-director
Owner dependency
85/100
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 26 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 26 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.
Red flags
4 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2013-09-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-10-19
Company in liquidation
highCompany is actively being wound up. Not a going concern.
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-11-17: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2014-11-13: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
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
Active · Construction · HA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1919 PROJECTS LTD→ 16776321 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2-4 TAYLOR ROAD LTD→ 12482483 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 21 BRIDGE STREET DEVELOPMENT LTD→ 17114814 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 24/7 AMBER PLUMBING & HEATING LIMITED→ 05613125 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 26 CBK LIMITED→ 12640429 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 270 - 272 LONDON ROAD LTD→ 17117678 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 283 HIGH STREET LTD→ 13079067 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2A&A CONSTRUCTION LIMITED→ 16718670 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3 ENTERPRISE LIMITED→ 07277874 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 3 WIRES ELECTRICAL LTD→ 17013964 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 30 - 36 VITTORIA STREET MANAGEMENT LIMITED→ 14979044 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 33 NEWLING STREET LTD→ 16021696 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Statusliquidation
Typeltd
Incorporated1998-10-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
373-375 Station Road
Harrow
Middlesex
HA1 2AW
Filing status
Accounts
Next due: 2013-09-30OVERDUE
Last made up to: 2011-12-31
Confirmation statement
Next due: 2016-10-19OVERDUE
Last: —
Officers (2 active · 3 resigned)
CRONK, Nicholas Stuart→
Activesecretary · appointed 1998-10-09
View their other companies + combined net worth →
WRIGHT, James Benjamin→
Activedirector · ~56y · appointed 2000-01-26
View their other companies + combined net worth →
HALLMARK SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-10-05 · resigned 1998-10-09
RANCE, Piers David→
Resigneddirector · ~57y · appointed 1998-10-09 · resigned 2000-11-10
HALLMARK REGISTRARS LIMITED→
Resignedcorporate-nominee-director · appointed 1998-10-05 · resigned 1998-10-09
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 08/10/2008 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 05/10/2008 | — | |
| satisfied | West Bromwich Building Society | Floating charge | 1 property | 10/11/2000 | 29/10/2008 | |
| satisfied | West Bromwich Building Society | Commercial morgtgage deed | 2 properties | 10/11/2000 | 29/10/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of variation supplemental to a contract charge dated 1 november 1999 as amended by this deed | 1 property | 06/04/2000 | 29/10/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of variation supplemental to a debenture dated 23 december 1998 | 1 property | 06/04/2000 | 29/10/2008 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Contract charge | 1 property | 01/11/1999 | 29/10/2008 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Debenture | 1 property | 23/12/1998 | 29/10/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2015-11-17
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2014-11-13
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2014-11-06
change-registered-office-address-company-with-date-old-address
address · AD01
2013-11-05
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2013-10-24
resolution
resolution · RESOLUTIONS
2013-10-24
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2013-10-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-06-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-03-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-11-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-12-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-02
change-registered-office-address-company-with-date-old-address
address · AD01
2010-11-02
gazette-filings-brought-up-to-date
gazette · DISS40
2010-02-27