SERVE WORKS LIMITED
- · Oldest live charge 20.2y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 69). 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 (73/100).
Refinance opportunity
2 live charges · oldest 20.2y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (50/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (51 events)Click to expand
- 2014-02-18📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-02-18🏁Company dissolved
- 2013-11-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2013-11-14➖THE NEW HOVEMA LIMITED resignedcorporate-secretary
- 2013-11-05📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-10-28📄dissolution-application-strike-off-companydissolution · DS01
- 2013-07-30📄gazette-notice-compulsorygazette · GAZ1
- 2012-10-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-06-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2012-04-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-11-07➖COLLIER HAYTER, Frances Helen resigneddirector
- 2011-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2011-04-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2010-05-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-05📄accounts-with-accounts-type-fullaccounts · AA
- 2009-04-08📄legacyannual-return · 363a
- 2008-10-15📄accounts-with-made-up-dateaccounts · AA
- 2008-04-15📄legacyannual-return · 363a
- 2008-02-11📄legacyofficers · 288a
- 2008-02-11📄legacyofficers · 288b
- 2008-02-01➖MACAULAY, Barbara Scott resignedsecretary
- 2008-02-01➕THE NEW HOVEMA LIMITED appointedcorporate-secretary
- 2008-01-21📄legacyofficers · 288a
- 2007-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2007-10-25📄legacyofficers · 288b
- 2007-10-23📄legacyofficers · 288c
- 2007-10-18➖KALIRAI, Sukhjinder Singh resigneddirector
- 2007-08-06➕SHEPHERD, Susan Linda appointeddirector
- 2007-07-17➕JONES, Benjamin David Rowe appointeddirector
- 2007-07-17➕COLLIER HAYTER, Frances Helen appointeddirector
- 2007-01-16➖HARGREAVES, Nancy Catherine resignedsecretary
- 2007-01-16➕MACAULAY, Barbara Scott appointedsecretary
- 2006-05-05🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2006-05-05🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2005-08-12➖BROWN, Adrian Ralph Rae resigneddirector
- 2001-08-06➕HARGREAVES, Nancy Catherine appointedsecretary
- 2001-01-18➖WILSON, Caroline Ann resignedsecretary
- 2000-06-27➕WILSON, Caroline Ann appointedsecretary
- 2000-06-27➖T&H SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2000-01-14➕BROWN, Adrian Ralph Rae appointeddirector
- 2000-01-14➖JONES, Adrian Philip resigneddirector
- 2000-01-14➕KALIRAI, Sukhjinder Singh appointeddirector
- 2000-01-14➖SORRELL, Andrew Derek resigneddirector
- 1999-11-18🏢Company incorporatedAs SERVE WORKS LIMITED
- 1999-11-18➕T&H SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 1999-11-18➕JONES, Adrian Philip appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-02-18
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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8 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 →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
Registered office
Filing status
Officers (0 active · 10 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 05/05/2006 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 05/05/2006 | — |