XMBRACE LIMITED

⚰️Wound downdissolved

04086130 · ltd · incorporated 2000-10-09

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 · medium confidence

Mixed signals — 1 changes over 30 days, no clear direction yet.

· Distress / opportunity: speculative → attractive

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 14.0y old — refinance window within 12 months

What changed my view

Last 30 days

Mixed signals in the last 30 days — 0 improved, 0 worsened.

·Distress / opportunity: speculative → attractive

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

—

year to Feb 2023

Net worth

£3.05M

book net assets

Opportunity

42/100

Watch

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Special-situation opportunity

Distressed holding with salvageable qualities — special-situations priority.

Opportunity 42/100 (watch), bankability 60/100. 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 (35/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 14.0y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 14.0 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

18 officers (3 active, 18 linked, 13 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

15 connected companies via shared directors

Filing history

180 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

42/100Watch

PassWatchWorth a lookStrongExceptional

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £3,049,274

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£3.0m

~ YoY

Current Assets

£3.0m

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2023-02-28	2022-02-28
Total assets	£3.05M	£3.05M
Current assets	£3.05M	£3.05M
Net assets	£3.05M	£3.05M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (65 events)Click to expand

2025-09-06
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2025-09-06
🏁
Company dissolved
2025-06-06
⚠️
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2025-05-02
⚠️
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-05-02
⚠️
liquidation-voluntary-removal-of-liquidator-by-court
insolvency · LIQ10
2024-08-27
📍
move-registers-to-sail-company-with-new-address
address · AD03
2024-08-27
📍
change-sail-address-company-with-new-address
address · AD02
2024-08-15
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-15
⚠️
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2024-08-15
⚠️
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2024-08-15
📄
resolution
resolution · RESOLUTIONS
2024-08-01
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-08-01
📄
legacy
capital · SH20
2024-08-01
⚠️
legacy
insolvency · CAP-SS
2024-08-01
📄
resolution
resolution · RESOLUTIONS
2023-11-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-05
➖
WILSON, Gordon James resigned
director
2023-07-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-09
➕
DEWS, Stephen Eric appointed
director
2023-06-09
➕
WALSH, Simon David appointed
director
2023-02-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-02-10
➖
KERR, Richard James resigned
director
2022-11-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-18
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-07-15
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-26
➕
ASPELL, Jayne Louise appointed
secretary
2022-04-26
➖
SHAW, Natalie Amanda resigned
secretary
2022-02-01
➖
HICKS, Andrew William resigned
director
2022-02-01
➕
KERR, Richard James appointed
director
2019-05-30
➕
SHAW, Natalie Amanda appointed
secretary
2019-05-08
🔓
Charge satisfied #4
2019-04-04
➖
HARVEY, Neil resigned
director
2019-04-04
➕
HICKS, Andrew William appointed
director
2019-04-04
➖
MARRISON, Michael Anthony resigned
director
2019-04-04
➖
MURRAY, David John resigned
director
2019-04-04
➕
WILSON, Gordon James appointed
director
2017-09-30
➖
TODD, David Stephen resigned
director
2014-12-09
🔓
Charge satisfied #3
2014-12-09
🔓
Charge satisfied #2
2014-12-09
🔓
Charge satisfied #1
2014-12-04
🔒
Charge registered #4
Lender: National Westminster Bank PLC
2013-12-11
➖
WINCH, Richard Lindsay resigned
director
2012-07-27
➖
TODD, David Stephen resigned
secretary
2012-07-27
➕
HARVEY, Neil appointed
director
2012-07-27
➖
HORNBY, John Roger resigned
director
2012-07-27
➕
MARRISON, Michael Anthony appointed
director
2012-07-27
➕
MURRAY, David John appointed
director
2012-07-27
➖
TILLEY, Mark resigned
director

Showing most recent 50 of 65 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med · 1 low

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2025-09-06

7 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-09-06: gazette-dissolved-liquidation; 2025-06-06: liquidation-voluntary-members-return-of-final-meeting

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Kirona Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Kirona Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

XMBRACE LIMITED

This company · 04086130

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Kirona Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 →

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2 VANBRUGH TERRACE LIMITED→ 03033961 · est 1995 · no financials extracted	—	—	—	—	31y	—	—
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295 HOLMESDALE MANAGEMENT (RTM) LIMITED→ 06975629 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
2D HAROLD ROAD (FREEHOLD) LONDON COMPANY LIMITED→ 16412524 · est 2025 · no financials extracted	—	—	—	—	—	—	—
30 CROOMS HILL MANAGEMENT COMPANY LIMITED→ 03096420 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
30 FRIERN ROAD FREEHOLD LTD→ 09930833 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
30 HIGHVIEW ROAD MANAGEMENT LIMITED→ 01661277 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
30 HOLLY GROVE LIMITED→ 04358224 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
30 LANCASTER ROAD (SE25) FREEHOLD MANAGEMENT LIMITED→ 08932099 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
30 ROSENTHAL ROAD RTM COMPANY LIMITED→ 11385303 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Incorporated2000-10-09

Jurisdictionengland-wales

Primary SIC74990 — Non-trading company

Registered office

1 More London Place

London

SE1 2AF

Filing status

Accounts

Next due: —

Last made up to: 2023-02-28

Confirmation statement

Next due: —

Last: 2023-10-18

Officers (0 active · 15 resigned)

ASPELL, Jayne Louise→

secretary · appointed 2022-04-26

View their other companies + combined net worth →

Active

DEWS, Stephen Eric→

director · ~51y · appointed 2023-06-09

View their other companies + combined net worth →

Active

WALSH, Simon David→

director · ~55y · appointed 2023-06-09

View their other companies + combined net worth →

Active

SHAW, Natalie Amanda→

secretary · appointed 2019-05-30 · resigned 2022-04-26

Resigned

TODD, David Stephen→

secretary · appointed 2001-05-09 · resigned 2012-07-27

Resigned

HEXAGON REGISTRARS LIMITED→

corporate-nominee-secretary · appointed 2000-10-09 · resigned 2001-05-09

Resigned

HARVEY, Neil→

director · ~54y · appointed 2012-07-27 · resigned 2019-04-04

Resigned

HICKS, Andrew William→

director · ~51y · appointed 2019-04-04 · resigned 2022-02-01

Resigned

HORNBY, John Roger→

director · ~73y · appointed 2001-02-28 · resigned 2012-07-27

Resigned

JEFFREYS, Nicholas Peter→

director · ~60y · appointed 2004-02-12 · resigned 2011-10-07

Resigned

KERR, Richard James→

director · ~52y · appointed 2022-02-01 · resigned 2023-02-10

Resigned

MARRISON, Michael Anthony→

director · ~64y · appointed 2012-07-27 · resigned 2019-04-04

Resigned

MURRAY, David John→

director · ~56y · appointed 2012-07-27 · resigned 2019-04-04

Resigned

TILLEY, Mark→

director · ~77y · appointed 2001-03-14 · resigned 2012-07-27

Resigned

TODD, David Stephen→

director · ~78y · appointed 2001-02-16 · resigned 2017-09-30

Resigned

WILSON, Gordon James→

director · ~66y · appointed 2019-04-04 · resigned 2023-07-05

Resigned

WINCH, Richard Lindsay→

director · ~69y · appointed 2002-03-20 · resigned 2013-12-11

Resigned

HEXAGON DIRECTORS LIMITED→

corporate-nominee-director · appointed 2000-10-09 · resigned 2001-02-16

Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
satisfied	National Westminster Bank National Westminster Bank PLC	A registered charge	—	04/12/2014	08/05/2019
satisfied	Ldc (Managers) (as "Security Trustee") Ldc (Managers) Limited (as "Security Trustee")	Guarantee and debenture	1 property	27/07/2012	09/12/2014
satisfied	Ldc (Managers) (as "Security Trustee") Ldc (Managers) Limited (as "Security Trustee")	Guarantee and debenture	1 property	27/07/2012	09/12/2014
satisfied	Ldc (Managers) (as "Security Trustee") Ldc (Managers) Limited (as "Security Trustee")	Guarantee and debenture	1 property	27/07/2012	09/12/2014

Recent filings (180 total)

gazette-dissolved-liquidation

gazette · GAZ2

2025-09-06

liquidation-voluntary-members-return-of-final-meeting

insolvency · LIQ13

2025-06-06

liquidation-voluntary-appointment-of-liquidator

insolvency · 600

2025-05-02

liquidation-voluntary-removal-of-liquidator-by-court

insolvency · LIQ10

2025-05-02

move-registers-to-sail-company-with-new-address

address · AD03

2024-08-27

change-sail-address-company-with-new-address

address · AD02

2024-08-27

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-08-15

liquidation-voluntary-declaration-of-solvency

insolvency · LIQ01

2024-08-15

liquidation-voluntary-appointment-of-liquidator

insolvency · 600

2024-08-15

resolution

resolution · RESOLUTIONS

2024-08-15

capital-statement-capital-company-with-date-currency-figure

capital · SH19

2024-08-01

legacy

capital · SH20

2024-08-01

legacy

insolvency · CAP-SS

2024-08-01

resolution

resolution · RESOLUTIONS

2024-08-01

accounts-with-accounts-type-micro-entity

accounts · AA

2023-11-06