FORTHRITE BUILDING LTD
⚰️Wound downdissolved
03646540 · ltd · incorporated 1998-10-08
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
55/100
Worth a look
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed asset-holding vehicle — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 3 lenders · oldest 27.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 27.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (54/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2026-03-17📄gazette-dissolved-compulsorygazette · GAZ2
- 2026-03-17🏁Company dissolved
- 2025-12-30📄gazette-notice-compulsorygazette · GAZ1
- 2025-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-16➕BIERENHAK, Avraham Yaacov appointeddirector
- 2025-10-16➖MORRIS, Simon Alexander resigneddirector
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-02-22➕MORRIS, Simon Alexander appointeddirector
- 2017-02-22➖WELTSCHER, Israel Meir resigneddirector
- 2017-01-04🔓Charge satisfied #6
- 2016-12-22🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2016-12-22🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2016-12-22🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2016-11-01➖WELTSCHER, Goldie resignedsecretary
- 2016-07-20🔓Charge satisfied #4
- 2016-07-20🔓Charge satisfied #3
- 2012-09-04🔓Charge satisfied #2
- 2012-09-04🔓Charge satisfied #1
- 2012-08-29🔒Charge registered #6Lender: Aldermore Bank PLC
- 2012-08-29🔒Charge registered #5Lender: Aldermore Bank PLC
- 2000-05-05➕WELTSCHER, Goldie appointedsecretary
- 2000-05-05➕WELTSCHER, Israel Meir appointeddirector
- 2000-05-04➖KRAUSZ, Rosalind resignedsecretary
- 2000-05-04➖KRAUSZ, Moses resigneddirector
- 1998-11-25🔒Charge registered #4Lender: Nationwide Building Society
- 1998-11-25🔒Charge registered #3Lender: Nationwide Building Society
- 1998-11-25🔒Charge registered #2Lender: Nationwide Building Society
- 1998-11-25🔒Charge registered #1Lender: Nationwide Building Society
- 1998-10-20➕KRAUSZ, Rosalind appointedsecretary
- 1998-10-20➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 1998-10-20➕KRAUSZ, Moses appointeddirector
- 1998-10-20➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 1998-10-08🏢Company incorporatedAs FORTHRITE BUILDING LTD
- 1998-10-08➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 1998-10-08➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-03-17
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Rephoel Tzvi Halpern Individual · British · DOB 02/1971 · age 55 | — | — | sig. influencesignificant influence · trust interest | 10/08/2019 |
2 historic (ceased) PSCs
- Mr Douber Elchonon Uhrmasherceased 10/08/2019· board control
- Bextor Estates Ltdceased 12/02/2018· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| ALBION HALL LIMITED→ 16320139 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| AMS INSOLVENCY MIDCO LTD→ 14417941 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMS PROPERTY INVESTMENTS LTD→ 11450523 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AMS WEALTH MANAGEMENT MIDCO LTD→ 14975991 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANAM GRACE GROUP LIMITED→ 14292465 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANCHORAGE GATEWAY (FINCO) LIMITED→ 13294497 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1998-10-08
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
18 Ainsdale Avenue
Manchester
Lancashire
M7 4LS
Filing status
Accounts
Next due: —
Last made up to: 2024-10-31
Confirmation statement
Next due: —
Last: 2024-10-08
Officers (0 active · 7 resigned)
BIERENHAK, Avraham Yaacov→
Activedirector · ~51y · appointed 2025-10-16
View their other companies + combined net worth →
KRAUSZ, Rosalind→
Resignedsecretary · appointed 1998-10-20 · resigned 2000-05-04
WELTSCHER, Goldie→
Resignedsecretary · appointed 2000-05-05 · resigned 2016-11-01
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 1998-10-08 · resigned 1998-10-20
KRAUSZ, Moses→
Resigneddirector · ~54y · appointed 1998-10-20 · resigned 2000-05-04
MORRIS, Simon Alexander→
Resigneddirector · ~52y · appointed 2017-02-22 · resigned 2025-10-16
WELTSCHER, Israel Meir→
Resigneddirector · ~52y · appointed 2000-05-05 · resigned 2017-02-22
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 1998-10-08 · resigned 1998-10-20
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
4
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 22/12/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 22/12/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 22/12/2016 | — | |
| satisfied | Aldermore Aldermore Bank PLC | Debenture | 1 property | 29/08/2012 | 04/01/2017 | |
| outstanding | Aldermore Aldermore Bank PLC | Mortgage deed | 2 properties | 29/08/2012 | — | |
| satisfied | Nationwide Nationwide Building Society | Legal charge | 1 property | 25/11/1998 | 20/07/2016 | |
| satisfied | Nationwide Nationwide Building Society | Legal charge | 1 property | 25/11/1998 | 20/07/2016 | |
| satisfied | Nationwide Nationwide Building Society | Legal charge | 1 property | 25/11/1998 | 04/09/2012 | |
| satisfied | Nationwide Nationwide Building Society | Mortgage debenture | 1 property | 25/11/1998 | 04/09/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (91 total)
gazette-dissolved-compulsory
gazette · GAZ2
2026-03-17
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
appoint-person-director-company-with-name-date
officers · AP01
2025-10-29
termination-director-company-with-name-termination-date
officers · TM01
2025-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-25