SITL LIMITED
⚰️Wound downdissolved
04296330 · ltd · incorporated 2001-10-01
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
49/100
Watch
What this business does
Primary activity: SIC 5184
Sector: Transportation & storage
ALSO REGISTERED FOR
- 7260SIC 7260
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 49/100 (watch), bankability 42/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 20.9y
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 20.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
49 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
65
Some acquirability indicators.
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 (41 events)Click to expand
- 2011-02-28⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2011-02-28🏁Company dissolved
- 2010-11-30⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2010-11-30⚠️liquidation-in-administration-move-to-dissolution-with-case-end-dateinsolvency · 2.35B
- 2010-07-01⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2010-02-05⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · 2.16B
- 2010-01-29⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2009-12-13📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2009-12-10✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2009-12-10✏️change-of-name-noticechange-of-name · CONNOT
- 2009-12-07⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2009-08-19📄legacyannual-return · 363a
- 2009-04-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-01-10📄legacymortgage · 395
- 2009-01-09🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2008-08-22📄legacyannual-return · 363a
- 2008-07-12📄legacymortgage · 395
- 2008-07-09🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2008-02-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-11-19📄legacyannual-return · 363a
- 2007-10-31📄legacyofficers · 288c
- 2007-10-31📄legacyofficers · 288c
- 2007-04-12📄legacyannual-return · 363a
- 2007-04-12📄legacyofficers · 288c
- 2006-11-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-01-03📄legacyofficers · 288a
- 2006-01-03📄legacycapital · 88(2)R
- 2005-12-15➕EMSLIE, Peter Michael appointeddirector
- 2005-11-25📄accounts-with-made-up-dateaccounts · AA
- 2005-07-20🔒Charge registered #1Lender: Hsbc Bank PLC
- 2005-06-24➕SEYMOUR, Esther appointedsecretary
- 2005-06-24➖SEYMOUR, Damien resignedsecretary
- 2005-06-24➖SEYMOUR, Damien resigneddirector
- 2001-10-01🏢Company incorporatedAs SITL LIMITED
- 2001-10-01➕SEYMOUR, Robin appointeddirector
- 2001-10-01➕SEYMOUR, Damien appointedsecretary
- 2001-10-01➕BRITANNIA COMPANY FORMATIONS LIMITED appointedcorporate-nominee-secretary
- 2001-10-01➖BRITANNIA COMPANY FORMATIONS LIMITED resignedcorporate-nominee-secretary
- 2001-10-01➕SEYMOUR, Damien appointeddirector
- 2001-10-01➕DEANSGATE COMPANY FORMATIONS LIMITED appointedcorporate-nominee-director
- 2001-10-01➖DEANSGATE COMPANY FORMATIONS LIMITED resignedcorporate-nominee-director
Owner dependency
68/100
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.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-02-28
7 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-02-28: gazette-dissolved-liquidation; 2010-11-30: liquidation-in-administration-progress-report-with-brought-down-date
🔒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&F TRANSPORT NW LTD→ 12995326 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A1 LOGISTICS NW LTD→ 13691117 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AA HORSE TRANSPORT LTD→ 16259250 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AEN TRANSPORT SERVICES LIMITED→ 14651627 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AJM TRANSPORT (DURHAM) LIMITED→ 13398097 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALFIE SALIH SERVICES LIMITED→ 13498103 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALI GUJJAR TRANSPORT LTD→ 15875137 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALINE SERVICES LIMITED→ 02242960 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| ALLIED VEHICLE ASSIST LTD→ 08878917 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ALOUCHI COURIERS LTD→ 16861521 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALPHA LUXURY MINIBUSES LIMITED→ 10396883 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALZ LOGISTICS LTD→ 16209056 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2001-10-01
Jurisdictionengland-wales
Primary SIC5184 — SIC 5184
Registered office
D T E House
Hollins Lane
Bury
Lancashire
BL9 8AT
Filing status
Accounts
Next due: —
Last made up to: 2008-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
Active
EMSLIE, Peter Michael→
Activedirector · ~51y · appointed 2005-12-15
View their other companies + combined net worth →
SEYMOUR, Robin→
Activedirector · ~50y · appointed 2001-10-01
View their other companies + combined net worth →
SEYMOUR, Damien→
Resignedsecretary · appointed 2001-10-01 · resigned 2005-06-24
BRITANNIA COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-10-01 · resigned 2001-10-01
SEYMOUR, Damien→
Resigneddirector · ~78y · appointed 2001-10-01 · resigned 2005-06-24
DEANSGATE COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2001-10-01 · resigned 2001-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance Limited | Fixed charge on non-vesting debts and floating charge | 1 property | 09/01/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 09/07/2008 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 20/07/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
gazette-dissolved-liquidation
gazette · GAZ2
2011-02-28
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2010-11-30
liquidation-in-administration-move-to-dissolution-with-case-end-date
insolvency · 2.35B
2010-11-30
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2010-07-01
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · 2.16B
2010-02-05
liquidation-in-administration-proposals
insolvency · 2.17B
2010-01-29
change-registered-office-address-company-with-date-old-address
address · AD01
2009-12-13
certificate-change-of-name-company
change-of-name · CERTNM
2009-12-10
change-of-name-notice
change-of-name · CONNOT
2009-12-10
liquidation-in-administration-appointment-of-administrator
insolvency · 2.12B
2009-12-07
legacy
annual-return · 363a
2009-08-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-04-30
legacy
mortgage · 395
2009-01-10
legacy
annual-return · 363a
2008-08-22
legacy
mortgage · 395
2008-07-12