SOURCE ONE COMMUNICATIONS (UK) LIMITED
⚰️Wound downdissolved
03790945 · ltd · incorporated 1999-06-17
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 25.4y old — refinance window within 12 months
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 65/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (65/100).
🏦
Refinance opportunity
2 live charges · oldest 25.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 25.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
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
23 officers (4 active, 23 linked, 17 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
22 connected companies via shared directors
90
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
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
0
filings
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
- 2013-04-30📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-04-30🏁Company dissolved
- 2013-01-15📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-01-03📄dissolution-application-strike-off-companydissolution · DS01
- 2012-12-14📄legacymortgage · MG02
- 2012-12-08🔓Charge satisfied #1
- 2012-08-30📄legacymortgage · MG02
- 2012-08-22🔓Charge satisfied #2
- 2012-07-19➖BRAASCH, Jochen resigneddirector
- 2012-07-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2012-06-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-03-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-07-20📄termination-director-company-with-nameofficers · TM01
- 2011-06-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-01-24📄appoint-person-director-company-with-nameofficers · AP01
- 2011-01-21➕SARKAR, Nazir appointeddirector
- 2010-08-20📄appoint-person-director-company-with-nameofficers · AP01
- 2010-08-03➕BRAASCH, Jochen appointeddirector
- 2010-07-01➖HOOD, James Terence resigneddirector
- 2010-06-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-15📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-09-16📄legacyofficers · 288a
- 2009-09-01➕HOOD, James Terence appointeddirector
- 2009-07-13📄legacyannual-return · 363a
- 2009-01-23📄accounts-with-accounts-type-fullaccounts · AA
- 2008-06-13📄legacyannual-return · 363a
- 2008-02-27📄legacyofficers · 288b
- 2008-02-26➖SMITH, Jason Leigh resigneddirector
- 2008-01-03📄accounts-with-accounts-type-fullaccounts · AA
- 2007-06-21📄legacyannual-return · 363a
- 2007-05-10📄accounts-with-accounts-type-fullaccounts · AA
- 2007-04-30📄legacyofficers · 288a
- 2007-04-20➕OLDFIELD, Nicholas Stuart Robert appointeddirector
- 2007-04-20➕SMITH, Jason Leigh appointeddirector
- 2006-01-31➕BOTHA, Llewellyn Kevan appointedsecretary
- 2006-01-31➖CORNEY, Darryl John resignedsecretary
- 2006-01-31➖CORNEY, Darryl John resigneddirector
- 2005-10-05➕BOTHA, Llewellyn Kevan appointeddirector
- 2005-10-05➖CHAPMAN, Robert William Frederick resigneddirector
- 2004-11-30➖BAILES, David Delisle resigneddirector
- 2004-10-21➖DEVON, David John resigneddirector
- 2004-04-28➖CHANDOHA, Walter Sam resigneddirector
- 2004-04-28➕CHAPMAN, Robert William Frederick appointeddirector
- 2004-04-28➕CORNEY, Darryl John appointeddirector
- 2004-04-28➖FERRANTE, Robert resigneddirector
- 2004-03-31➕CORNEY, Darryl John appointedsecretary
- 2004-03-31➖HOPKINSON, Ian Michael resignedsecretary
- 2004-01-30➖SHAPIRO, David, President resigneddirector
Showing most recent 50 of 73 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 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-04-30
🔒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 · Other · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B & C TRAVEL LIMITED→ 15555671 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BACKWELL LIMITED→ 03932560 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| BARE COMPETITIONS LTD→ 16141218 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARTON TRUSTEE LIMITED→ 13068730 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BATTLE CAPS LTD→ 16321620 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BE THE CATALYST LTD→ 12501620 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BEAR PHOENIX CREATIONS LTD→ 14970219 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BEAUTY IN BRITAIN LTD→ 12921960 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEEFEATER EUROPE LIMITED→ 09684790 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BELLFIELD HOMES (114) LIMITED→ 06373068 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BELMONT VETS LTD→ 06027579 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BENJAMIN PLAISTOW LIMITED→ 12042930 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1999-06-17
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
The Pavilions
Bridgwater Road
Bristol
BS13 8AE
Filing status
Accounts
Next due: —
Last made up to: 2011-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 19 resigned)
BOTHA, Llewellyn Kevan→
Activesecretary · appointed 2006-01-31
View their other companies + combined net worth →
BOTHA, Llewellyn Kevan→
Activedirector · ~64y · appointed 2005-10-05
View their other companies + combined net worth →
OLDFIELD, Nicholas Stuart Robert→
Activedirector · ~54y · appointed 2007-04-20
View their other companies + combined net worth →
SARKAR, Nazir→
Activedirector · ~59y · appointed 2011-01-21
View their other companies + combined net worth →
CORNEY, Darryl John→
Resignedsecretary · appointed 2004-03-31 · resigned 2006-01-31
DEVON, David John→
Resignedsecretary · appointed 1999-06-17 · resigned 2002-03-22
HOPKINSON, Ian Michael→
Resignedsecretary · appointed 2002-03-22 · resigned 2004-03-31
L.C.I. SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 1999-06-17 · resigned 1999-06-17
BAILES, David Delisle→
Resigneddirector · ~60y · appointed 2003-08-05 · resigned 2004-11-30
BRAASCH, Jochen→
Resigneddirector · ~57y · appointed 2010-08-03 · resigned 2012-07-19
CHANDOHA, Walter Sam→
Resigneddirector · ~70y · appointed 1999-06-17 · resigned 2004-04-28
CHAPMAN, Robert William Frederick→
Resigneddirector · ~65y · appointed 2004-04-28 · resigned 2005-10-05
CORNEY, Darryl John→
Resigneddirector · ~66y · appointed 2004-04-28 · resigned 2006-01-31
DEVON, David John→
Resigneddirector · ~78y · appointed 1999-06-17 · resigned 2004-10-21
DUDLEY, Michael Charles→
Resigneddirector · ~79y · appointed 2000-05-19 · resigned 2003-03-07
FERRANTE, Robert→
Resigneddirector · ~80y · appointed 2000-11-15 · resigned 2004-04-28
HOOD, James Terence→
Resigneddirector · ~58y · appointed 2009-09-01 · resigned 2010-07-01
MARSHALL, Timothy Thomas→
Resigneddirector · ~54y · appointed 2000-11-15 · resigned 2003-02-26
MILLER, Alexander→
Resigneddirector · ~82y · appointed 1999-06-17 · resigned 2000-11-15
SHAPIRO, David, President→
Resigneddirector · ~67y · appointed 2000-11-15 · resigned 2004-01-30
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 | The Provident Bank | Debenture | 1 property | 22/09/2003 | 22/08/2012 | |
| satisfied | The Provident Bank | Debenture | 1 property | 06/02/2001 | 08/12/2012 |
Recent filings (96 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-04-30
gazette-notice-voluntary
gazette · GAZ1(A)
2013-01-15
dissolution-application-strike-off-company
dissolution · DS01
2013-01-03
legacy
mortgage · MG02
2012-12-14
legacy
mortgage · MG02
2012-08-30
termination-director-company-with-name-termination-date
officers · TM01
2012-07-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-20
accounts-with-accounts-type-dormant
accounts · AA
2012-03-21
termination-director-company-with-name
officers · TM01
2011-07-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-14
accounts-with-accounts-type-dormant
accounts · AA
2011-02-16
appoint-person-director-company-with-name
officers · AP01
2011-01-24
appoint-person-director-company-with-name
officers · AP01
2010-08-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-15
change-person-director-company-with-change-date
officers · CH01
2010-04-15