CHANCERY NO. 2 LIMITED
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (65/100, director aged 63). 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).
Data confidence
Overall: low (46/100)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 (54 events)Click to expand
- 2013-07-16📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-07-16🏁Company dissolved
- 2013-04-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-03-25📄dissolution-application-strike-off-companydissolution · DS01
- 2013-03-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-03-01📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-06-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-05-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2012-05-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-04-30➕BRICKNELL, Sarah Louise appointedsecretary
- 2012-04-30➖ALLY, Bibi Rahima resignedsecretary
- 2012-03-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2011-12-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-12-14➕CUMMINGS, Alice Sarah Louise appointeddirector
- 2011-12-14➖LODGE, Helen Claire resigneddirector
- 2011-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2011-06-15📄termination-director-company-with-nameofficers · TM01
- 2011-05-31➖WHITECROSS, Philip James resigneddirector
- 2011-05-23📄appoint-person-director-company-with-nameofficers · AP01
- 2011-05-19➕LOUISE BRICKNELL, Sarah appointeddirector
- 2011-04-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-03-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-06-03📄accounts-with-made-up-dateaccounts · AA
- 2009-03-09📄legacyannual-return · 363a
- 2008-09-17📄accounts-with-made-up-dateaccounts · AA
- 2008-09-12📄legacyofficers · 288a
- 2008-09-08➕LODGE, Helen Claire appointeddirector
- 2008-05-16📄legacyofficers · 288b
- 2008-05-12➖GIBSON, Alan James resigneddirector
- 2003-06-30➖HULINE-DICKENS, David resigneddirector
- 2002-04-25➕ALLY, Bibi Rahima appointedsecretary
- 2002-04-25➖HULINE-DICKENS, David resignedsecretary
- 2001-12-07➕HULINE-DICKENS, David appointedsecretary
- 2001-12-07➖MEHTA, Paresh Ramanalal resignedsecretary
- 2001-12-07➖ENDERSBY, Brian James resigneddirector
- 2001-12-07➕GIBSON, Alan James appointeddirector
- 2001-12-07➕HULINE-DICKENS, David appointeddirector
- 2001-12-07➖JONES, David resigneddirector
- 2001-12-07➕SOANES, David appointeddirector
- 2001-12-07➖SOANES, David resigneddirector
- 2001-12-07➕WHITECROSS, Philip James appointeddirector
- 2000-03-31➕MEHTA, Paresh Ramanalal appointedsecretary
- 2000-03-31➖E P S SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2000-03-31➕ENDERSBY, Brian James appointeddirector
- 2000-03-31➕JONES, David appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 63. 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 15 years.
- secondaryStable-but-static management: Company is 26 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 2013-07-16
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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 →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
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Officers (0 active · 12 resigned)
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