READY LEASE LIMITED
⚰️Wound downdissolved
03998623 · ltd · incorporated 2000-05-22
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 25.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 5010
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 73). 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
4 live charges · 2 lenders · oldest 25.5y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
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 (41 events)Click to expand
- 2010-09-14📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-09-14🏁Company dissolved
- 2010-06-01📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-05-18📄dissolution-application-strike-off-companydissolution · DS01
- 2010-04-26📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-01-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-06-02📄legacyannual-return · 363a
- 2009-05-22📄legacyofficers · 288c
- 2008-09-11📄accounts-with-accounts-type-smallaccounts · AA
- 2008-06-03📄legacyofficers · 288c
- 2008-05-22📄legacyannual-return · 363a
- 2008-02-02📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2007-11-04📄accounts-with-accounts-type-smallaccounts · AA
- 2007-06-07📄legacyannual-return · 363a
- 2006-11-15📄accounts-with-accounts-type-smallaccounts · AA
- 2006-07-18📄legacyannual-return · 363a
- 2006-07-18📍legacyaddress · 190
- 2006-01-13📄accounts-with-accounts-type-smallaccounts · AA
- 2005-06-09📄legacyannual-return · 363s
- 2005-01-07📄accounts-with-accounts-type-smallaccounts · AA
- 2004-06-25📄legacymortgage · 395
- 2004-06-15🔒Charge registered #4Lender: Barclays Bank PLC
- 2004-06-02📄legacyannual-return · 363s
- 2004-01-13📄accounts-with-accounts-type-smallaccounts · AA
- 2003-05-29📄legacyannual-return · 363s
- 2003-04-11📄legacymortgage · 395
- 2003-04-01🔒Charge registered #3Lender: Barclays Bank PLC
- 2003-01-13📄accounts-with-accounts-type-fullaccounts · AA
- 2002-11-05🔓Charge satisfied #1
- 2001-02-12🔒Charge registered #2Lender: Barclays Bank PLC
- 2001-01-09➕LATHAM, Paula appointedsecretary
- 2001-01-09➖SHELTON, David resignedsecretary
- 2000-11-22🔒Charge registered #1Lender: Capital Bank PLC
- 2000-05-22🏢Company incorporatedAs READY LEASE LIMITED
- 2000-05-22➕SHELTON, David Edward appointeddirector
- 2000-05-22➕WARREN, Gary appointeddirector
- 2000-05-22➕SHELTON, David appointedsecretary
- 2000-05-22➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2000-05-22➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2000-05-22➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-director
- 2000-05-22➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
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 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
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 73 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 26 years. Very long tenure is a classic succession signal.
- 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 dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-09-14
🔒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 · Transport & logistics · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 123 COURIERS LTD→ 14964063 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1984 HOLDINGS LIMITED→ 10007839 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 1ST ACCESS SELF STORAGE PETERBOROUGH LTD→ 02327701 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| 1ST CHOICE TRAVEL AGENTS LTD→ 15950703 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST TAXIS GRANTHAM LTD→ 11097972 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 24-7 EXECUTIVE CARS LIMITED→ 08016419 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 2J RECOVERY LTD→ 16610671 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2WL LIMITED→ 08104265 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 365 FREIGHT EXPRESS LTD→ 14879593 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 365 LOGISTICS LIMITED→ 05379988 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| 365 PLANT AND WASTE MANAGEMENT LTD→ 15756315 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 365 TRANSPORT SERVICES LTD→ 15756317 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2000-05-22
Jurisdictionengland-wales
Primary SIC5010 — SIC 5010
Registered office
Northgate House
North Gate
New Basford
Nottinghamshire
NG7 7BE
Filing status
Accounts
Next due: —
Last made up to: 2009-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
Active
SHELTON, David Edward→
Activedirector · ~73y · appointed 2000-05-22
View their other companies + combined net worth →
WARREN, Gary→
Activedirector · ~65y · appointed 2000-05-22
View their other companies + combined net worth →
SHELTON, David→
Resignedsecretary · appointed 2000-05-22 · resigned 2001-01-09
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-05-22 · resigned 2000-05-22
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 2000-05-22 · resigned 2000-05-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 15/06/2004 | — | |
| outstanding | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 01/04/2003 | — | |
| outstanding | Barclays Barclays Bank PLC | Guarantee and debenture by the company and motorpoint of derby limited, go lease limited, motorpoint holdings limited and motorpoint online limited | 1 property | 12/02/2001 | — | |
| satisfied | Capital Bank Capital Bank PLC | Debenture | 1 property | 22/11/2000 | 05/11/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-09-14
gazette-notice-voluntary
gazette · GAZ1(A)
2010-06-01
dissolution-application-strike-off-company
dissolution · DS01
2010-05-18
change-registered-office-address-company-with-date-old-address
address · AD01
2010-04-26
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-01-28
legacy
annual-return · 363a
2009-06-02
legacy
officers · 288c
2009-05-22
accounts-with-accounts-type-small
accounts · AA
2008-09-11
legacy
officers · 288c
2008-06-03
legacy
annual-return · 363a
2008-05-22
accounts-amended-with-made-up-date
accounts · AAMD
2008-02-02
accounts-with-accounts-type-small
accounts · AA
2007-11-04
legacy
annual-return · 363a
2007-06-07
accounts-with-accounts-type-small
accounts · AA
2006-11-15
legacy
annual-return · 363a
2006-07-18