SECURITY PRINTING AND SYSTEMS GROUP LIMITED
⚰️Wound downdissolved
03648313 · ltd · incorporated 1998-10-12
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 27.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 60/100. 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
2 live charges · 2 lenders · oldest 27.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
30 officers (4 active, 30 linked, 22 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
23 connected companies via shared directors
90
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
85
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 (87 events)Click to expand
- 2015-03-30⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2015-03-30🏁Company dissolved
- 2014-12-30⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2014-02-26⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2014-02-26📄resolutionresolution · RESOLUTIONS
- 2014-02-26⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2013-11-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-09-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2013-04-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2013-04-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2013-04-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-04-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2013-04-01➕ASHLEY, David James appointedsecretary
- 2013-04-01➕ASHLEY, David James appointeddirector
- 2013-03-31➖PIKETT, Christopher resignedsecretary
- 2013-03-31➖PIKETT, Christopher resigneddirector
- 2013-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2013-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-02-22➕KEEL, Paul Andreas appointeddirector
- 2013-02-22➖MCSHEFFREY, James Willard resigneddirector
- 2012-10-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-20📄accounts-with-accounts-type-fullaccounts · AA
- 2011-10-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2011-06-09📄appoint-person-director-company-with-nameofficers · AP01
- 2011-06-08📄termination-director-company-with-nameofficers · TM01
- 2011-04-29➕GRAY, Donald appointeddirector
- 2011-04-29➖BROWNLEE, Kenneth Arthur resigneddirector
- 2010-11-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2010-05-05📄appoint-person-director-company-with-nameofficers · AP01
- 2010-04-13➕MCSHEFFREY, James Willard appointeddirector
- 2010-04-13📄termination-director-company-with-nameofficers · TM01
- 2010-03-31➖MITCHELL, Douglas resigneddirector
- 2009-11-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-07📄change-person-director-company-with-change-dateofficers · CH01
- 2007-06-01➖TONER, Francis Gerard Malachy resigneddirector
- 2006-09-01➖KUMMETH, Charles Robert resigneddirector
- 2006-08-01➖BOLAND, Jason Paul resignedsecretary
- 2006-08-01➕PIKETT, Christopher appointedsecretary
- 2006-08-01➖BOLAND, Jason Paul resigneddirector
- 2006-08-01➕BROWNLEE, Kenneth Arthur appointeddirector
- 2006-08-01➖BYRNE, David resigneddirector
- 2006-08-01➕KUMMETH, Charles Robert appointeddirector
- 2006-08-01➖LAMMING, Sara Jane resigneddirector
- 2006-08-01➖LAY, Neil Frank resigneddirector
- 2006-08-01➕MITCHELL, Douglas appointeddirector
- 2006-08-01➖PENNANT-REA, Rupert Lascelles resigneddirector
- 2006-08-01➕PIKETT, Christopher appointeddirector
- 2006-08-01➖WELLS, Ivan resigneddirector
Showing most recent 50 of 87 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondary12+ year tenure: Director in role 15 years.
- 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 2015-03-30
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-03-30: gazette-dissolved-liquidation; 2014-12-30: liquidation-voluntary-members-return-of-final-meeting
🔒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 · Holding company · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 140 PINKERTON ROAD (MC) LIMITED→ 06053855 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 18 HHRN MANAGEMENT COMPANY LIMITED→ 16650237 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2 SEND ROAD MANAGEMENT COMPANY LIMITED→ 16361882 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 246 LONDON ROAD MANAGEMENT COMPANY LIMITED→ 01808137 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| 275-277 RABY ROAD RTM COMPANY LIMITED→ 15244034 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 31 OAKLEY STREET MANAGEMENT LIMITED→ 01572758 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| 36MP MANAGEMENT LTD→ 16961062 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 38 BAKER STREET LIMITED→ 01462181 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 3M ASIA PACIFIC UK HOLDING LTD→ 09908024 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 3M PENSION TRUSTEES LIMITED→ 01434427 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 41-53 PENTON WAY RTM COMPANY LTD→ 11555067 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 44 BULMERSHE ROAD RTM CO LTD→ 08206916 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated1998-10-12
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
3m Centre Cain Road
Bracknell
Berkshire
RG12 8HT
Filing status
Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 26 resigned)
ASHLEY, David James→
Activesecretary · appointed 2013-04-01
View their other companies + combined net worth →
ASHLEY, David James→
Activedirector · ~58y · appointed 2013-04-01
View their other companies + combined net worth →
GRAY, Donald→
Activedirector · ~62y · appointed 2011-04-29
View their other companies + combined net worth →
KEEL, Paul Andreas→
Activedirector · ~57y · appointed 2013-02-22
View their other companies + combined net worth →
BOLAND, Jason Paul→
Resignedsecretary · appointed 2002-08-26 · resigned 2006-08-01
MILLS, Charles Richard Naylor→
Resignedsecretary · appointed 2001-02-26 · resigned 2001-02-26
PIKETT, Christopher→
Resignedsecretary · appointed 2006-08-01 · resigned 2013-03-31
TONER, Francis Gerard Malachy→
Resignedsecretary · appointed 1999-04-01 · resigned 2002-08-26
WESTERN, Peter James→
Resignedsecretary · appointed 1998-11-02 · resigned 1999-04-01
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-10-12 · resigned 1998-11-02
BOLAND, Jason Paul→
Resigneddirector · ~56y · appointed 2003-12-01 · resigned 2006-08-01
BROWNLEE, Kenneth Arthur→
Resigneddirector · ~75y · appointed 2006-08-01 · resigned 2011-04-29
BYRNE, David→
Resigneddirector · ~60y · appointed 2005-10-01 · resigned 2006-08-01
HODSDEN, Richard→
Resigneddirector · ~60y · appointed 2001-02-26 · resigned 2002-08-26
KUMMETH, Charles Robert→
Resigneddirector · ~66y · appointed 2006-08-01 · resigned 2006-09-01
LAMMING, Sara Jane→
Resigneddirector · ~75y · appointed 2002-01-29 · resigned 2006-08-01
LAY, Neil Frank→
Resigneddirector · ~68y · appointed 2002-01-29 · resigned 2006-08-01
MARTIN, Richard Joseph Fitzgerald→
Resigneddirector · ~69y · appointed 1999-04-01 · resigned 2001-02-26
MARTIN, Richard Joseph Fitzgerald→
Resigneddirector · ~69y · appointed 1998-11-02 · resigned 1999-04-01
MCSHEFFREY, James Willard→
Resigneddirector · ~70y · appointed 2010-04-13 · resigned 2013-02-22
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland(As Agent and Trustee for the Banks,the Workingcapital Bank,and the Hedging Counterparty) | Deed of assignment of keyman life policies | 1 property | 09/09/1999 | 08/07/2006 | |
| satisfied | The Governor and Company of the Company of Scotland,as Security Trustee for the Securitybeneficiaries | Composite guarantee and debenture | 1 property | 01/04/1999 | 19/10/2001 |
Recent filings (130 total)
gazette-dissolved-liquidation
gazette · GAZ2
2015-03-30
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2014-12-30
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2014-02-26
resolution
resolution · RESOLUTIONS
2014-02-26
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2014-02-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-01
change-account-reference-date-company-previous-extended
accounts · AA01
2013-09-27
appoint-person-director-company-with-name-date
officers · AP01
2013-04-30
appoint-person-secretary-company-with-name-date
officers · AP03
2013-04-04
termination-director-company-with-name-termination-date
officers · TM01
2013-04-04
termination-secretary-company-with-name-termination-date
officers · TM02
2013-04-04
appoint-person-director-company-with-name-date
officers · AP01
2013-03-04
termination-director-company-with-name-termination-date
officers · TM01
2013-02-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-10-12
accounts-with-accounts-type-full
accounts · AA
2012-09-20