GREENWAY LUBRICANTS LIMITED

⚰️Wound downdissolved
04312564 · ltd · incorporated 2001-10-29
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
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 19209
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (65/100, director aged 60). 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: medium (59/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
85
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 (33 events)Click to expand
  1. 2020-01-14
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2020-01-14
    🏁
    Company dissolved
  3. 2019-10-29
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2019-10-21
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2019-10-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2018-07-23
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2018-07-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2018-07-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2018-07-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2018-07-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-11-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-09-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2013-11-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2012-10-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-06-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2011-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2011-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2010-10-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-03-10
    ➕
    EVERITT, Steven David appointed
    director
  25. 2010-03-10
    ➖
    MARTIN, Philip James resigned
    director
  26. 2002-09-17
    ➕
    FROGSON, Darren Barber appointed
    secretary
  27. 2002-09-17
    ➕
    FROGSON, Darren Barber appointed
    director
  28. 2002-09-17
    ➖
    WS (SECRETARIES) LIMITED resigned
    corporate-secretary
  29. 2002-09-17
    ➕
    MARTIN, Philip James appointed
    director
  30. 2002-09-17
    ➖
    WS (DIRECTORS) LIMITED resigned
    corporate-director
  31. 2001-10-29
    🏢
    Company incorporated
    As GREENWAY LUBRICANTS LIMITED
  32. 2001-10-29
    ➕
    WS (SECRETARIES) LIMITED appointed
    corporate-secretary
  33. 2001-10-29
    ➕
    WS (DIRECTORS) LIMITED appointed
    corporate-director

Owner dependency

76/100
High — earn-out structure required

Material 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 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2020-01-14

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Darren Barber Frogson
Individual · British · DOB 10/1966 · age 60
75–100%
—75-100% shares01/06/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2001-10-29
Jurisdictionengland-wales
Primary SIC19209 — SIC 19209

Registered office

Exol Lubricants Limited
All Saints Road
Darlaston
West Midlands
WS10 9LL
United Kingdom

Filing status

Accounts
Next due: —
Last made up to: 2018-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 3 resigned)

FROGSON, Darren Barber→
secretary · appointed 2002-09-17
View their other companies + combined net worth →
Active
EVERITT, Steven David→
director · ~59y · appointed 2010-03-10
View their other companies + combined net worth →
Active
FROGSON, Darren Barber→
director · ~60y · appointed 2002-09-17
View their other companies + combined net worth →
Active
WS (SECRETARIES) LIMITED→
corporate-secretary · appointed 2001-10-29 · resigned 2002-09-17
Resigned
MARTIN, Philip James→
director · ~74y · appointed 2002-09-17 · resigned 2010-03-10
Resigned
WS (DIRECTORS) LIMITED→
corporate-director · appointed 2001-10-29 · resigned 2002-09-17
Resigned

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

Recent filings (53 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-01-14
gazette-notice-voluntary
gazette · GAZ1(A)
2019-10-29
dissolution-application-strike-off-company
dissolution · DS01
2019-10-21
accounts-with-accounts-type-dormant
accounts · AA
2019-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-29
change-person-secretary-company-with-change-date
officers · CH03
2018-07-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-07-20
change-person-director-company-with-change-date
officers · CH01
2018-07-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-07-20
accounts-with-accounts-type-dormant
accounts · AA
2018-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-10-31
accounts-with-accounts-type-dormant
accounts · AA
2017-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2016-10-31
accounts-with-accounts-type-dormant
accounts · AA
2016-10-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-02