XICHEM LIMITED
⚰️Wound downdissolved
04190144 · ltd · incorporated 2001-03-29
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 21.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: SIC 2956
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 73). 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 (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 21.7y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 21.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (49/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (47 events)Click to expand
- 2013-08-26⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-08-26🏁Company dissolved
- 2010-09-17⚠️liquidation-compulsory-defer-dissolutioninsolvency · L64.04
- 2010-09-17⚠️liquidation-compulsory-completioninsolvency · L64.07
- 2009-04-03⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2009-03-25⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2008-07-24📄legacycapital · 88(2)
- 2008-06-17📄legacyofficers · 288b
- 2008-06-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-03-19📄legacyannual-return · 363a
- 2008-03-19📄legacyofficers · 288c
- 2008-03-19📄legacyofficers · 288c
- 2008-02-01➖HERON, Jane Helen resigneddirector
- 2007-07-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-04-20📄legacyannual-return · 363a
- 2006-09-22📄legacyofficers · 288a
- 2006-09-01➕HERON, Mitchell Thomas appointedsecretary
- 2006-08-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-07-14📄legacyannual-return · 363a
- 2006-07-14📄legacyofficers · 288c
- 2006-03-02📄legacyofficers · 288b
- 2006-02-22➖MCSKIMMING, Gillian Anne resignedsecretary
- 2005-12-02📍legacyaddress · 287
- 2005-06-21📄legacyannual-return · 363s
- 2005-06-21📄legacyannual-return · 363(288)
- 2004-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-10-05📄legacymortgage · 395
- 2004-10-01🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2004-03-27📄legacyannual-return · 363s
- 2004-02-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-09-04➕BRASSINGTON, Robert Brian appointeddirector
- 2003-09-04➕HERON, Jane Helen appointeddirector
- 2003-05-30➖NICKERSON, Darren Andrew resigneddirector
- 2002-08-16➕MASON, Ian Kevin appointeddirector
- 2002-08-16➕MCSKIMMING, Gillian Anne appointedsecretary
- 2002-08-16➖WISE, Samantha Jane resignedsecretary
- 2002-08-16➕NICKERSON, Darren Andrew appointeddirector
- 2002-08-16➖POCKLINGTON, Michael Douglas resigneddirector
- 2001-05-17➕WISE, Samantha Jane appointedsecretary
- 2001-05-17➖MITRE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2001-05-17➕POCKLINGTON, Michael Douglas appointeddirector
- 2001-05-17➖RICH, Michael William resignednominee-director
- 2001-05-17➖WARNER, William resignednominee-director
- 2001-03-29🏢Company incorporatedAs XICHEM LIMITED
- 2001-03-29➕MITRE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2001-03-29➕RICH, Michael William appointednominee-director
- 2001-03-29➕WARNER, William appointednominee-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 24 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 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-08-26
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-08-26: gazette-dissolved-liquidation; 2010-09-17: liquidation-compulsory-defer-dissolution
🔒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 · Manufacturing · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 324 BOUTIQUE LIMITED→ 16757033 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A V OPTICS LIMITED→ 05654119 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ANTIQUE STAINED GLASS LTD→ 13182761 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| APOTHEKE PERFUME LTD→ 12712421 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| APT INTERIORS LIMITED→ 10675410 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ARABIAN NUBIAN MINING LIMITED→ 13135712 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARBORETUM LTD→ 15191011 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARBORTECH PLANTING PRODUCTS LIMITED→ 12477898 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ARC MAILING LIMITED→ 06505627 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ARCHITECTURAL MOULD SERVICES LIMITED→ 03922464 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ASPECT CARPENTRY LTD→ 10783883 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASTROSCENT LTD→ 11837768 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2001-03-29
Jurisdictionengland-wales
Primary SIC2956 — SIC 2956
Registered office
11 Commerce Close
West Wiltshire Trading Est
Westbury
Wiltshire
BA13 4LS
Filing status
Accounts
Next due: —
Last made up to: 2007-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 8 resigned)
HERON, Mitchell Thomas→
Activesecretary · appointed 2006-09-01
View their other companies + combined net worth →
BRASSINGTON, Robert Brian→
Activedirector · ~73y · appointed 2003-09-04
View their other companies + combined net worth →
MASON, Ian Kevin→
Activedirector · ~59y · appointed 2002-08-16
View their other companies + combined net worth →
MCSKIMMING, Gillian Anne→
Resignedsecretary · appointed 2002-08-16 · resigned 2006-02-22
WISE, Samantha Jane→
Resignedsecretary · appointed 2001-05-17 · resigned 2002-08-16
MITRE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-03-29 · resigned 2001-05-17
HERON, Jane Helen→
Resigneddirector · ~70y · appointed 2003-09-04 · resigned 2008-02-01
NICKERSON, Darren Andrew→
Resigneddirector · ~55y · appointed 2002-08-16 · resigned 2003-05-30
POCKLINGTON, Michael Douglas→
Resigneddirector · ~74y · appointed 2001-05-17 · resigned 2002-08-16
RICH, Michael William→
Resignednominee-director · ~79y · appointed 2001-03-29 · resigned 2001-05-17
WARNER, William→
Resignednominee-director · ~58y · appointed 2001-03-29 · resigned 2001-05-17
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 01/10/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (51 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-08-26
liquidation-compulsory-defer-dissolution
insolvency · L64.04
2010-09-17
liquidation-compulsory-completion
insolvency · L64.07
2010-09-17
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2009-04-03
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2009-03-25
legacy
capital · 88(2)
2008-07-24
legacy
officers · 288b
2008-06-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-06-04
legacy
annual-return · 363a
2008-03-19
legacy
officers · 288c
2008-03-19
legacy
officers · 288c
2008-03-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-07-10
legacy
annual-return · 363a
2007-04-20
legacy
officers · 288a
2006-09-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-08-02