XCHANGING PROCUREMENT SERVICES LIMITED
⚰️Wound downdissolved
04220043 · ltd · incorporated 2001-05-21
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 19.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
49/100
Watch
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 49/100 (watch), bankability 60/100. Strong seller-intent signal (60/100, director aged 59). 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 (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 19.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.3 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: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
54 officers (2 active, 54 linked, 46 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
216 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
41
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 (139 events)Click to expand
- 2024-05-02⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-05-02🏁Company dissolved
- 2024-02-02⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2023-04-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-01➖HALBARD, Christopher Neal resigneddirector
- 2022-12-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-19⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2022-12-19⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2022-12-19📄resolutionresolution · RESOLUTIONS
- 2022-10-20📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-15➖TURPIE, Steven James resigneddirector
- 2022-04-11📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2022-01-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-21➕EALES, Hugo Martin appointeddirector
- 2021-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-29📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-09-29📄legacycapital · SH20
- 2021-09-29⚠️legacyinsolvency · CAP-SS
- 2021-09-29📄resolutionresolution · RESOLUTIONS
- 2021-08-23📄capital-allotment-sharescapital · SH01
- 2021-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-01-27📄accounts-with-accounts-type-fullaccounts · AA
- 2020-04-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-07➖GOUGH, Tina Anne resigneddirector
- 2020-04-07➕HALBARD, Christopher Neal appointeddirector
- 2020-03-04➕TURPIE, Steven James appointeddirector
- 2020-02-26➖MAJED, Maruf Ahmad resigneddirector
- 2018-03-31➕MAJED, Maruf Ahmad appointeddirector
- 2018-03-31➖WILSON, Nicholas Anthony resigneddirector
- 2017-06-09➕GOUGH, Tina Anne appointeddirector
- 2017-06-09➕WILSON, Nicholas Anthony appointeddirector
- 2017-04-07➖GRAY, David William Hart resigneddirector
- 2017-02-23🔓Charge satisfied #4
- 2017-02-23🔓Charge satisfied #3
- 2017-02-23🔓Charge satisfied #2
- 2017-01-23➕GRAY, David William Hart appointeddirector
- 2017-01-23➖LORIA, Giovanni resigneddirector
- 2017-01-23➖WILSON, Craig Alaister resigneddirector
- 2016-07-18➕LORIA, Giovanni appointeddirector
- 2016-06-24➖PICKETT, Mark Jeremy resigneddirector
- 2016-06-16➕WILSON, Craig Alaister appointeddirector
- 2016-06-01➕WOODFINE, Michael Charles appointeddirector
- 2016-05-23➖BHAT, Guruprasad resigneddirector
- 2016-05-23➖CROOM, Timothy Llewellyn resigneddirector
- 2016-05-23➕PICKETT, Mark Jeremy appointeddirector
- 2016-02-04➖ROYER, Denis Jean Bernard resigneddirector
Showing most recent 50 of 139 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-05-02
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-05-02: gazette-dissolved-liquidation; 2024-02-02: liquidation-voluntary-members-return-of-final-meeting
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Dxc Uk International Operations Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Dxc Uk International Operations Limited
Corporate parent · holds 75-100% shares · board control
⬇
XCHANGING PROCUREMENT SERVICES LIMITED
This company · 04220043
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 |
|---|---|---|---|---|
Dxc Uk International Operations Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/12/2019 |
2 historic (ceased) PSCs
- Xchanging Limitedceased 09/12/2019· 75-100% shares · 75-100% voting · board control
- Xchanging Procurement Services (Holdco) Limited ceased 03/05/2018· 75-100% shares · 75-100% voting · board control
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A-ONE ACTION LTD→ 13773592 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMRAS RESEARCHCONSULT→ 10762050 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMV BBDO MARKETING LTD→ 16342404 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANAX CONSULTING LIMITED→ 07838825 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ANCHOR & SCEPTER ASSOCIATES LTD→ 15834119 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDREW MORRISON ECONOMICS LTD→ 16708027 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANEESHA TRADING INVESTMENT LTD→ 15852949 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANGULAR CONSULTANTS LIMITED→ 13552333 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANITA JAKHU CONSULTANCY LTD→ 13467364 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANNIE PARSONS LIMITED→ 11256548 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ANNIE'S TRAINING COMPANY LTD→ 09372778 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ANOTHER AGENCY LONDON LTD→ 13420721 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2001-05-21
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices
Registered office
Kroll Advisory Ltd, The Shard
32 London Bridge Street
London
SE1 9SG
Filing status
Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 52 resigned)
EALES, Hugo Martin→
Activedirector · ~59y · appointed 2022-01-21
View their other companies + combined net worth →
WOODFINE, Michael Charles→
Activedirector · ~55y · appointed 2016-06-01
View their other companies + combined net worth →
DAVIES, John Graeme→
Resignedsecretary · appointed 2007-03-06 · resigned 2007-05-21
GALLAGHER, Anthony James→
Resignedsecretary · appointed 2007-12-31 · resigned 2010-01-22
MARTIN, Nicola Jane→
Resignedsecretary · appointed 2004-03-12 · resigned 2006-12-15
MILLER, Marian Alison→
Resignedsecretary · appointed 2006-12-15 · resigned 2007-03-06
PARKES, David Stanley→
Resignedsecretary · appointed 2002-10-25 · resigned 2004-03-12
SHERWOOD EDWARDS, Mark→
Resignedsecretary · appointed 2007-05-21 · resigned 2007-12-31
SHERWOOD EDWARDS, Mark→
Resignedsecretary · appointed 2002-02-04 · resigned 2002-10-25
CLIFFORD CHANCE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-05-21 · resigned 2002-02-04
ANDRE, John Paul→
Resigneddirector · ~53y · appointed 2011-11-07 · resigned 2014-11-28
ANDREWS, David William→
Resigneddirector · ~77y · appointed 2001-06-14 · resigned 2007-01-31
ARMITAGE, Michael Russell→
Resigneddirector · ~81y · appointed 2001-10-25 · resigned 2002-05-01
BATTY, Michael James→
Resigneddirector · ~54y · appointed 2009-02-27 · resigned 2015-01-21
BAUERNFEIND, David Gregory→
Resigneddirector · ~58y · appointed 2010-10-12 · resigned 2011-06-30
BAYLIFFE, Stephen Patrick John→
Resigneddirector · ~66y · appointed 2006-05-19 · resigned 2007-08-31
BESTER, Andrew John Milton→
Resigneddirector · ~61y · appointed 2002-10-25 · resigned 2003-10-10
BHAT, Guruprasad→
Resigneddirector · ~52y · appointed 2015-09-22 · resigned 2016-05-23
BOURNE, Ann Susan→
Resigneddirector · ~69y · appointed 2005-11-25 · resigned 2006-09-22
BOUVIER, Stephane→
Resigneddirector · ~52y · appointed 2005-11-25 · resigned 2009-09-25
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of admission to an omnibus guarantee and set-off agreement | 1 property | 28/10/2011 | 23/02/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of admission to an omnibus guarantee and set-off agreement dated 19 february 2007 and | 1 property | 30/07/2007 | 23/02/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement dated 19/02/2007 and | 1 property | 02/07/2007 | 23/02/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC (The "Security Trustee") | Deed of admission | 1 property | 20/03/2007 | 26/05/2007 |
Recent filings (216 total)
gazette-dissolved-liquidation
gazette · GAZ2
2024-05-02
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2024-02-02
termination-director-company-with-name-termination-date
officers · TM01
2023-04-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-19
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2022-12-19
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2022-12-19
resolution
resolution · RESOLUTIONS
2022-12-19
change-account-reference-date-company-previous-extended
accounts · AA01
2022-10-20
termination-director-company-with-name-termination-date
officers · TM01
2022-08-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-10
second-filing-of-director-appointment-with-name
officers · RP04AP01
2022-04-11
appoint-person-director-company-with-name-date
officers · AP01
2022-01-28
accounts-with-accounts-type-full
accounts · AA
2021-12-24
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2021-09-29
legacy
capital · SH20
2021-09-29