LIONEL CROSS ELECTRICS LIMITED

⚰️Wound downdissolved
04228973 · ltd · incorporated 2001-06-05
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 4531
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 78). 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 (45/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
90
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 (34 events)Click to expand
  1. 2010-09-07
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-09-07
    🏁
    Company dissolved
  3. 2010-05-25
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2010-05-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2010-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2010-03-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2009-06-15
    📄
    legacy
    annual-return · 363a
  8. 2009-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2008-07-02
    📄
    legacy
    annual-return · 363s
  10. 2007-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2007-07-05
    📄
    legacy
    annual-return · 363s
  12. 2007-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2006-06-29
    📄
    legacy
    annual-return · 363s
  14. 2005-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2005-06-23
    📄
    legacy
    annual-return · 363s
  16. 2004-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2004-06-10
    📄
    legacy
    annual-return · 363s
  18. 2003-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2003-06-27
    📄
    legacy
    annual-return · 363s
  20. 2002-12-09
    📄
    accounts-with-accounts-type-partial-exemption
    accounts · AA
  21. 2002-07-19
    📄
    legacy
    annual-return · 363s
  22. 2002-07-19
    📄
    legacy
    annual-return · 363(288)
  23. 2001-06-18
    📄
    legacy
    capital · 88(2)R
  24. 2001-06-18
    📄
    legacy
    officers · 288b
  25. 2001-06-18
    📄
    legacy
    officers · 288b
  26. 2001-06-18
    📄
    legacy
    officers · 288a
  27. 2001-06-05
    🏢
    Company incorporated
    As LIONEL CROSS ELECTRICS LIMITED
  28. 2001-06-05
    ➕
    CROSS, Belinda Mary appointed
    secretary
  29. 2001-06-05
    ➕
    CROSS, Belinda Mary appointed
    director
  30. 2001-06-05
    ➕
    CROSS, Lionel James appointed
    director
  31. 2001-06-05
    ➕
    READYMADE SECRETARIES LTD. appointed
    corporate-secretary
  32. 2001-06-05
    ➖
    READYMADE SECRETARIES LTD. resigned
    corporate-secretary
  33. 2001-06-05
    ➕
    READYMADE NOMINEES LTD. appointed
    corporate-director
  34. 2001-06-05
    ➖
    READYMADE NOMINEES LTD. resigned
    corporate-director

Owner dependency

100/100
Critical — business is the founder

The 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.
  • +Founder name in company name: Company name contains director surname "CROSS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 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 25 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2010-09-07

Similar companies

Active · Automotive · HP postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
13TH STREET CARS LIMITED→
16624114 · est 2025 · no financials extracted
———————
247TYREASSIST LIMITED→
15085619 · est 2023 · no financials extracted
————2y——
2PLUS1 AMICUS LTD→
14676942 · est 2023 · no financials extracted
————3y——
326 AUTOLEASE LTD→
13004928 · est 2020 · no financials extracted
————5y——
44 EMERGENCY LTD→
16278434 · est 2025 · no financials extracted
————1y——
4WHEEL AUTO LTD→
16462009 · est 2025 · no financials extracted
———————
64 TAILORED PERFORMANCE LIMITED→
12824440 · est 2020 · no financials extracted
————5y——
9SR TECH LTD→
13805680 · est 2021 · no financials extracted
————4y——
A & E SMART SOLUTIONS LTD→
08051224 · est 2012 · no financials extracted
————13y——
A & E VEHICLE SERVICES LTD→
07793011 · est 2011 · no financials extracted
————14y——
A.A.HAYNES LIMITED→
07381232 · est 2010 · no financials extracted
————15y——
A.C. ENTERPRISES (SERVICES) LTD→
15575883 · est 2024 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2001-06-05
Jurisdictionengland-wales
Primary SIC4531 — SIC 4531

Registered office

57a Walton Way
Aylesbury
Buckinghamshire
HP21 7JJ

Filing status

Accounts
Next due: —
Last made up to: 2009-11-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

CROSS, Belinda Mary→
secretary · appointed 2001-06-05
View their other companies + combined net worth →
Active
CROSS, Belinda Mary→
director · ~71y · appointed 2001-06-05
View their other companies + combined net worth →
Active
CROSS, Lionel James→
director · ~78y · appointed 2001-06-05
View their other companies + combined net worth →
Active
READYMADE SECRETARIES LTD.→
corporate-secretary · appointed 2001-06-05 · resigned 2001-06-05
Resigned
READYMADE NOMINEES LTD.→
corporate-director · appointed 2001-06-05 · resigned 2001-06-05
Resigned

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

Recent filings (27 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-09-07
gazette-notice-voluntary
gazette · GAZ1(A)
2010-05-25
dissolution-application-strike-off-company
dissolution · DS01
2010-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-03-30
change-account-reference-date-company-previous-extended
accounts · AA01
2010-03-30
legacy
annual-return · 363a
2009-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-01-12
legacy
annual-return · 363s
2008-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2007-11-27
legacy
annual-return · 363s
2007-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2007-03-02
legacy
annual-return · 363s
2006-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2005-11-28
legacy
annual-return · 363s
2005-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2004-11-17