EARSDON ENGINEERING LTD
⚰️Wound downdissolved
03670592 · ltd · incorporated 1998-11-19
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
53/100
Worth a look
What this business does
Primary activity: SIC 2811
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 71). 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 (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 26.9y
40/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 26.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (49/100)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
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
80 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 (47 events)Click to expand
- 2019-05-20⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2019-05-20🏁Company dissolved
- 2019-02-20⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2018-04-20⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2017-04-07⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-03-31⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2015-08-04⚠️liquidation-court-order-miscellaneousinsolvency · LIQ MISC OC
- 2015-07-29⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2015-07-29⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2015-05-08⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-04-22⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2013-05-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-05-21⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-03-20⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2012-03-20⚠️liquidation-court-order-miscellaneousinsolvency · LIQ MISC OC
- 2012-03-20⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2012-02-10⚠️liquidation-disclaimer-noticeinsolvency · F10.2
- 2011-03-08📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-03-07⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2011-03-07⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2011-03-07📄resolutionresolution · RESOLUTIONS
- 2011-02-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-01➖NIXON, Jayne Marie resignedsecretary
- 2010-12-01➖NIXON, Jayne Marie resigneddirector
- 2010-12-01📄termination-secretary-company-with-nameofficers · TM02
- 2010-12-01📄termination-director-company-with-nameofficers · TM01
- 2009-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-04-15🔒Charge registered #2Lender: The Council of the Borough of South Tyneside
- 2004-08-01➕MILSTED, Susan appointeddirector
- 2004-08-01➖MILSTED, Susan resignedsecretary
- 2004-08-01➕NIXON, Jayne Marie appointedsecretary
- 2004-08-01➕NIXON, Jayne Marie appointeddirector
- 1999-11-01➕MILSTED, Susan appointedsecretary
- 1999-10-31➖ELSDON, Derek resignedsecretary
- 1999-10-31➖ELSDON, Derek resigneddirector
- 1999-07-26🔒Charge registered #1Lender: Midland Bank PLC
- 1999-02-01➕MILSTED, Paul Andrew appointeddirector
- 1999-02-01➖SKELTON, Melvyn resigneddirector
- 1998-11-19🏢Company incorporatedAs EARSDON ENGINEERING LTD
- 1998-11-19➕ELSDON, Derek appointedsecretary
- 1998-11-19➕CHANCERY BUSINESS COMMUNICATIONS LIMITED appointedcorporate-nominee-secretary
- 1998-11-19➖CHANCERY BUSINESS COMMUNICATIONS LIMITED resignedcorporate-nominee-secretary
- 1998-11-19➕COWAN, Judy Rosalie appointeddirector
- 1998-11-19➖COWAN, Judy Rosalie resigneddirector
- 1998-11-19➕ELSDON, Derek appointeddirector
- 1998-11-19➕SKELTON, Melvyn appointeddirector
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
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 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 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 2019-05-20
18 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-05-20: gazette-dissolved-liquidation; 2019-02-20: liquidation-voluntary-creditors-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 · Manufacturing · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & N SUPPLIES LTD→ 16467227 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCE MODULAR LTD→ 12722812 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED COOLING SYSTEMS LTD→ 09904399 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED ENERGY MINERALS (UK) LIMITED→ 12768286 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AERIAL EXPOSURE LTD→ 10175155 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AGBR LTD→ 13678339 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGLJH LIMITED→ 16419973 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGRIKIT LIMITED→ 03713344 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| AJ PLATES LTD→ 15995913 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJS & DAUGHTER LIMITED→ 09067320 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AKV ARCHITECTURAL FACADES LIMITED→ 10247355 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALCHEMY DESIGN & WORKS LIMITED→ 02706375 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1998-11-19
Jurisdictionengland-wales
Primary SIC2811 — SIC 2811
Registered office
4749 Duke Street
Darlington
County Durham
DL3 7SD
Filing status
Accounts
Next due: —
Last made up to: 2009-06-30
Confirmation statement
Next due: —
Last: —
Officers (2 active · 8 resigned)
MILSTED, Paul Andrew→
Activedirector · ~71y · appointed 1999-02-01
View their other companies + combined net worth →
MILSTED, Susan→
Activedirector · ~70y · appointed 2004-08-01
View their other companies + combined net worth →
ELSDON, Derek→
Resignedsecretary · appointed 1998-11-19 · resigned 1999-10-31
MILSTED, Susan→
Resignedsecretary · appointed 1999-11-01 · resigned 2004-08-01
NIXON, Jayne Marie→
Resignedsecretary · appointed 2004-08-01 · resigned 2010-12-01
CHANCERY BUSINESS COMMUNICATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-11-19 · resigned 1998-11-19
COWAN, Judy Rosalie→
Resigneddirector · ~87y · appointed 1998-11-19 · resigned 1998-11-19
ELSDON, Derek→
Resigneddirector · ~72y · appointed 1998-11-19 · resigned 1999-10-31
NIXON, Jayne Marie→
Resigneddirector · ~47y · appointed 2004-08-01 · resigned 2010-12-01
SKELTON, Melvyn→
Resigneddirector · ~83y · appointed 1998-11-19 · resigned 1999-02-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Council of the Borough of South Tyneside | Rent deposit deed | 1 property | 15/04/2009 | — | |
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 26/07/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (80 total)
gazette-dissolved-liquidation
gazette · GAZ2
2019-05-20
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2019-02-20
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2018-04-20
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2017-04-07
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2016-03-31
liquidation-court-order-miscellaneous
insolvency · LIQ MISC OC
2015-08-04
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2015-07-29
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2015-07-29
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2015-05-08
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2014-04-22
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2013-05-15
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-05-21
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2012-03-20
liquidation-court-order-miscellaneous
insolvency · LIQ MISC OC
2012-03-20
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2012-03-20