TSF RETAIL SOLUTIONS LIMITED

⚰️Wound downdissolved

04270505 · ltd · incorporated 2001-08-15

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

44/100

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What this business does

Primary activity: Joinery installation

Sector: Construction

ALSO REGISTERED FOR

43390Other building completion and finishing
43999Other specialised construction activities n.e.c.

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 32/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

10 live charges · 5 lenders · oldest 22.4y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 22.4 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 75/100 (specialist).

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, 3 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

10 charges (10/10 with lender, 10/10 with type)

Directors & officers

23 officers (3 active, 23 linked, 13 with DOB)

Ownership & PSC

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

Director network

12 connected companies via shared directors

Filing history

146 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

44/100Watch

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

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (84 events)Click to expand

2020-01-11
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2020-01-11
🏁
Company dissolved
2019-10-11
⚠️
liquidation-in-administration-move-to-dissolution
insolvency · AM23
2019-05-24
⚠️
liquidation-in-administration-progress-report
insolvency · AM10
2019-04-15
⚠️
liquidation-in-administration-extension-of-period
insolvency · AM19
2018-11-27
⚠️
liquidation-in-administration-progress-report
insolvency · AM10
2018-07-09
⚠️
liquidation-administration-notice-deemed-approval-of-proposals
insolvency · AM06
2018-06-21
⚠️
liquidation-in-administration-proposals
insolvency · AM03
2018-05-25
⚠️
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2018-05-02
⚠️
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2018-04-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-03-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-02-28
➖
HUGHES, Stephen Martyn resigned
director
2018-02-14
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-02-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-02-12
🔓
Charge satisfied #9
2018-01-12
⚠️
liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
insolvency · CVA3
2018-01-12
⚠️
liquidation-voluntary-arrangement-completion
insolvency · CVA4
2017-12-19
📄
accounts-with-accounts-type-full
accounts · AA
2017-11-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-11-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-11-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-11-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-10-31
➕
GRANTHAM, Jeffrey appointed
director
2017-10-31
➕
SLOAN, Lyndsey Marie appointed
director
2017-10-31
➖
WILLS, Kevin Robert resigned
secretary
2017-10-31
➖
CRAGGS, David resigned
director
2017-10-31
➕
HUGHES, Stephen Martyn appointed
director
2017-08-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-07-13
➕
WOODWARD, Michelle appointed
director
2017-05-19
⚠️
liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
insolvency · CVA3
2017-04-12
📄
accounts-with-accounts-type-full
accounts · AA
2017-03-31
➖
FOULIS, Malcolm resigned
director
2017-03-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-03-24
➕
WILLS, Kevin Robert appointed
secretary
2016-04-28
➕
CRAGGS, David appointed
director
2016-04-28
➕
FOULIS, Malcolm appointed
director
2016-04-28
➖
HASSELL, Rob resigned
director
2016-04-28
➖
HLD CORPORATION HOLDINGS resigned
corporate-director
2016-01-27
➕
HASSELL, Rob appointed
director
2016-01-27
➖
OHANDJANIAN, Demis Armen resigned
director
2015-12-21
➖
NEWMAN, John Derek resigned
secretary
2015-12-21
➖
CRAGGS, David resigned
director
2015-12-21
➕
OHANDJANIAN, Demis Armen appointed
director
2015-12-21
➕
HLD CORPORATION HOLDINGS appointed
corporate-director
2015-12-21
🔓
Charge satisfied #2
2015-05-29
🔒
Charge registered #10
Lender: Aldermore Bank PLC
2015-02-20
🔓
Charge satisfied #7
2014-12-24
🔒
Charge registered #9
Lender: The North East Growth 500 Plus LP a Limited Partnership Acting by Its General Partner Ne Growth 500 LP Limited Acting by Fw Capital Limited
2013-06-24
➕
NEWMAN, John Derek appointed
secretary

Showing most recent 50 of 84 events

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondaryStable-but-static management: Company is 25 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 2020-01-11

12 insolvency-related filings on record

high

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

Evidence: 2020-01-11: gazette-dissolved-liquidation; 2019-10-11: liquidation-in-administration-move-to-dissolution

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.

5 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr David Craggs Individual · British · DOB 11/1955 · age 71	75–100%	—	75-100% shares	29/04/2016

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 →

Similar companies

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21ST CENTURY STYLE LIMITED→ 03896886 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
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35 ALBERT RD DEVELOPMENT LTD→ 15354351 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
55 DEGREE DEVELOPMENTS LTD→ 16347854 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
574 PROPERTY LIMITED→ 16785066 · est 2025 · no financials extracted	—	—	—	—	—	—	—
610 TM LIMITED→ 14219864 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
7BRIDGES LIVING LTD→ 13412319 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
888 ELECTRICAL SERVICES LTD→ 14010815 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
A & A SCAFFOLDING (NE) LTD→ 14070855 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
A AND T INVESTMENT GROUP LTD→ 12010342 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
A ARMSTRONG ROOFING LIMITED→ 10330844 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A B CAIRNS & SON LIMITED→ 13334014 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2001-08-15

Jurisdictionengland-wales

Primary SIC43320 — Joinery installation

Registered office

Quayside House

110 Quayside

Newcastle-Upon-Tyne

NE1 3DX

Filing status

Accounts

Next due: —

Last made up to: 2017-03-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 20 resigned)

GRANTHAM, Jeffrey→

director · ~63y · appointed 2017-10-31

View their other companies + combined net worth →

Active

SLOAN, Lyndsey Marie→

director · ~52y · appointed 2017-10-31

View their other companies + combined net worth →

Active

WOODWARD, Michelle→

director · ~55y · appointed 2017-07-13

View their other companies + combined net worth →

Active

BROWN, Patrick→

secretary · appointed 2005-06-02 · resigned 2013-06-21

Resigned

MANSON, Graeme→

secretary · appointed 2005-05-31 · resigned 2005-06-02

Resigned

NEWMAN, John Derek→

secretary · appointed 2013-06-24 · resigned 2015-12-21

Resigned

ORR, Martin→

secretary · appointed 2001-11-23 · resigned 2005-06-02

Resigned

WILLS, Kevin Robert→

secretary · appointed 2017-03-24 · resigned 2017-10-31

Resigned

JL NOMINEES TWO LIMITED→

corporate-nominee-secretary · appointed 2001-08-15 · resigned 2001-10-26

Resigned

WB COMPANY SECRETARIES LIMITED→

corporate-secretary · appointed 2001-10-26 · resigned 2001-11-23

Resigned

BROWN, Patrick→

director · ~66y · appointed 2005-06-13 · resigned 2013-06-21

Resigned

COLLINSON, Andrew Joseph→

director · ~52y · appointed 2005-06-02 · resigned 2013-06-21

Resigned

CRAGGS, David→

director · ~71y · appointed 2016-04-28 · resigned 2017-10-31

Resigned

CRAGGS, David→

director · ~71y · appointed 2013-06-21 · resigned 2015-12-21

Resigned

FOULIS, Malcolm→

director · ~73y · appointed 2016-04-28 · resigned 2017-03-31

Resigned

HASSELL, Rob→

director · ~71y · appointed 2016-01-27 · resigned 2016-04-28

Resigned

HUGHES, Stephen Martyn→

director · ~60y · appointed 2017-10-31 · resigned 2018-02-28

Resigned

OHANDJANIAN, Demis Armen→

director · ~48y · appointed 2015-12-21 · resigned 2016-01-27

Resigned

ORR, Martin→

director · ~62y · appointed 2001-11-23 · resigned 2005-06-02

Resigned

STOREY, Robert Michael→

director · ~66y · appointed 2001-11-23 · resigned 2005-06-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:10 of 10 shown

		Type	Properties
outstanding	Aldermore Aldermore Bank PLC	A registered charge	—	29/05/2015	—
satisfied	The North East Growth 500 Plus LP a Partnership Acting by Its General Partner Ne Growth 500 LP Acting by Fw Capital The North East Growth 500 Plus LP a Limited Partnership Acting by Its General Partner Ne Growth 500 LP Limited Acting by Fw Capital Limited	A registered charge	—	24/12/2014	12/02/2018
outstanding	Barclays Barclays Bank PLC	Guarantee fixed and floating charge	1 property	21/06/2010	—
satisfied	Ingenious Resources Ingenious Resources Limited	Deed of security assignment	1 property	05/01/2009	20/02/2015
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	31/05/2006	08/05/2013
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	31/05/2006	08/05/2013
outstanding	Martin Orr (As Security Trustee for Himself, Robert Michael Storey, David Graggs and Malcolmfoulis)	Trust guarantee and debenture	2 properties	02/06/2005	—
outstanding	Barclays Barclays Bank PLC	Guarantee & debenture	1 property	02/06/2005	—
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	23/02/2004	21/12/2015
outstanding	Barclays Barclays Bank PLC	Guarantee & debenture	1 property	06/01/2004	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (146 total)

gazette-dissolved-liquidation

gazette · GAZ2

2020-01-11

liquidation-in-administration-move-to-dissolution

insolvency · AM23

2019-10-11

liquidation-in-administration-progress-report

insolvency · AM10

2019-05-24

liquidation-in-administration-extension-of-period

insolvency · AM19

2019-04-15

liquidation-in-administration-progress-report

insolvency · AM10

2018-11-27

liquidation-administration-notice-deemed-approval-of-proposals

insolvency · AM06

2018-07-09

liquidation-in-administration-proposals

insolvency · AM03

2018-06-21

liquidation-in-administration-statement-of-affairs-with-form-attached

insolvency · AM02

2018-05-25

liquidation-in-administration-appointment-of-administrator

insolvency · AM01

2018-05-02

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

address · AD01

2018-04-25

termination-director-company-with-name-termination-date

officers · TM01

2018-03-22

termination-secretary-company-with-name-termination-date

officers · TM02

2018-02-14

mortgage-satisfy-charge-full

mortgage · MR04

2018-02-12

liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date

insolvency · CVA3

2018-01-12

liquidation-voluntary-arrangement-completion

insolvency · CVA4

2018-01-12