GLISTEN LIMITED

⚰️Wound downdissolved
04312585 · 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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: SIC 10821
Sector: Manufacturing
ALSO REGISTERED FOR
  • 10822SIC 10822
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 80/100. 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).

🏦

Refinance opportunity

17 live charges · 2 lenders · oldest 23.9y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
22 officers (2 active, 22 linked, 19 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
203 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
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 (97 events)Click to expand
  1. 2024-12-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-12-24
    🏁
    Company dissolved
  3. 2024-10-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-10-08
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  5. 2024-09-25
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2024-08-22
    📄
    accounts-amended-with-accounts-type-small
    accounts · AAMD
  7. 2024-02-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2023-05-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-04-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-04-18
    LINDQVIST, Mikko Olavi appointed
    director
  11. 2023-04-18
    WESTER, Iiro Tapio resigned
    director
  12. 2022-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-12-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2021-09-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-09-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-09-22
    SAARINEN, Mika Markus appointed
    director
  17. 2021-08-31
    RANNIKKO, Toni Juhani resigned
    director
  18. 2021-01-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2020-02-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2020-01-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2019-10-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2019-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2019-04-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2019-04-01
    LUMME, Merja Sisko resigned
    director
  25. 2019-04-01
    RANNIKKO, Toni Juhani appointed
    director
  26. 2018-11-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2018-10-31
    ELEVUORI, Antti Juhani resigned
    director
  28. 2018-10-31
    LAURILA, Mikko resigned
    director
  29. 2018-10-31
    LUMME, Merja Sisko appointed
    director
  30. 2018-10-31
    WESTER, Iiro Tapio appointed
    director
  31. 2018-05-09
    LAURILA, Mikko appointed
    director
  32. 2018-05-03
    MUSTONEN, Olli Ensio resigned
    director
  33. 2017-10-31
    PUPUTTI, Jarmo Kalervo resigned
    director
  34. 2017-05-24
    PUPUTTI, Jarmo Kalervo appointed
    director
  35. 2017-05-17
    POUJARDIEU, Vincent Marie Alberic Francois resigned
    director
  36. 2017-05-15
    KOTKA, Sakari Kalervo resigned
    director
  37. 2017-01-03
    RIHKO, Matti Olavi resigned
    director
  38. 2016-11-21
    KOTKA, Sakari Kalervo appointed
    director
  39. 2015-03-02
    MUSTONEN, Olli Ensio appointed
    director
  40. 2015-03-02
    PAAAPA, Jyrki Juhani resigned
    director
  41. 2013-11-07
    SIMMONDS, Paul Stuart resigned
    director
  42. 2013-10-31
    DAVIES, Robert Andrew resigned
    secretary
  43. 2013-10-31
    DAVIES, Robert Andrew resigned
    director
  44. 2013-10-31
    ELEVUORI, Antti Juhani appointed
    director
  45. 2011-08-27
    🔓
    Charge satisfied #16
  46. 2011-08-27
    🔓
    Charge satisfied #17
  47. 2011-08-27
    🔓
    Charge satisfied #15
  48. 2011-08-27
    🔓
    Charge satisfied #14
  49. 2011-08-27
    🔓
    Charge satisfied #13
  50. 2011-08-27
    🔓
    Charge satisfied #12
Showing most recent 50 of 97 events

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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.

Red flags

1 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2024-12-24

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.

Group structure

Raisio Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Raisio Uk Limited
Corporate parent · holds 75-100% shares
ultimate parent
GLISTEN LIMITED
This company · 04312585

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%
NameSharesVoting rightsNature of controlNotified
Raisio Uk Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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 SIC10821 — SIC 10821

Registered office

Benecol Limited The Mille
1000 Great West Road
Brentford
TW8 9DW
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2023-12-31
Confirmation statement
Next due:
Last: 2023-10-29

Officers (0 active · 20 resigned)

LINDQVIST, Mikko Olavi
director · ~48y · appointed 2023-04-18
View their other companies + combined net worth →
Active
SAARINEN, Mika Markus
director · ~53y · appointed 2021-09-22
View their other companies + combined net worth →
Active
DAVIES, Robert Andrew
secretary · appointed 2002-06-19 · resigned 2013-10-31
Resigned
EVERSECRETARY LIMITED
corporate-nominee-secretary · appointed 2001-10-29 · resigned 2002-06-19
Resigned
DAVIES, Robert Andrew
director · ~72y · appointed 2002-06-19 · resigned 2013-10-31
Resigned
ELEVUORI, Antti Juhani
director · ~47y · appointed 2013-10-31 · resigned 2018-10-31
Resigned
HAMER, Jeremy John
director · ~74y · appointed 2002-05-10 · resigned 2009-12-10
Resigned
KOTKA, Sakari Kalervo
director · ~67y · appointed 2016-11-21 · resigned 2017-05-15
Resigned
LAURILA, Mikko
director · ~37y · appointed 2018-05-09 · resigned 2018-10-31
Resigned
LUMME, Merja Sisko
director · ~65y · appointed 2018-10-31 · resigned 2019-04-01
Resigned
MC CRACKEN, Philip Guy
director · ~78y · appointed 2004-05-03 · resigned 2005-05-20
Resigned
MEGSON, Angela
director · ~67y · appointed 2007-07-01 · resigned 2010-04-08
Resigned
MUSTONEN, Olli Ensio
director · ~41y · appointed 2015-03-02 · resigned 2018-05-03
Resigned
PAAAPA, Jyrki Juhani
director · ~61y · appointed 2010-04-08 · resigned 2015-03-02
Resigned
POUJARDIEU, Vincent Marie Alberic Francois
director · ~59y · appointed 2010-04-08 · resigned 2017-05-17
Resigned
PUPUTTI, Jarmo Kalervo
director · ~61y · appointed 2017-05-24 · resigned 2017-10-31
Resigned
RANNIKKO, Toni Juhani
director · ~47y · appointed 2019-04-01 · resigned 2021-08-31
Resigned
RIHKO, Matti Olavi
director · ~64y · appointed 2010-04-08 · resigned 2017-01-03
Resigned
SIMMONDS, Paul Stuart
director · ~68y · appointed 2002-05-10 · resigned 2013-11-07
Resigned
WALLIS, David William
director · ~79y · appointed 2009-12-10 · resigned 2010-04-08
Resigned

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

Mortgages & charges

17
Total charges
0
Outstanding
0
Active lenders
Status:Lender:17 of 17 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Supplemental deed1 property05/01/201027/08/2011
satisfied
Barclays
Barclays Bank PLC
Deed of memorandum of deposit of stocks and shares1 property10/12/200927/08/2011
satisfied
Barclays
Barclays Bank PLC
Deed of memorandum of deposit of stocks and shares1 property27/11/200927/08/2011
satisfied
Barclays
Barclays Bank PLC
Deed of assignment1 property06/09/200727/08/2011
satisfied
Barclays
Barclays Bank PLC
Memorandum of deposit of stocks and shares and othe marketable securities1 property06/09/200727/08/2011
satisfied
Barclays
Barclays Bank PLC
Deed of assignment1 property12/12/200527/08/2011
satisfied
Barclays
Barclays Bank PLC
Memorandum of deposit of stocks and shares1 property12/12/200527/08/2011
satisfied
Barclays
Barclays Bank PLC
Debenture1 property21/12/200427/08/2011
satisfied
Barclays
Barclays Bank PLC
Deed of assignment1 property21/12/200427/08/2011
satisfied
Barclays
Barclays Bank PLC
Assignment of life policy1 property21/12/200427/08/2011
satisfied
Barclays
Barclays Bank PLC
Assignment of life policy1 property21/12/200427/08/2011
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property21/12/200427/08/2011
satisfied
Barclays
Barclays Bank PLC
Memorandum of deposit of stocks and shares1 property21/12/200427/08/2011
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Assignment of insurance policies1 property14/01/200421/01/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Assignment of keyman life policies1 property28/06/200221/01/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge2 properties28/06/200221/01/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property21/06/200221/01/2005

Recent filings (203 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-12-24
accounts-with-accounts-type-small
accounts · AA
2024-10-23
gazette-notice-voluntary
gazette · GAZ1(A)
2024-10-08
dissolution-application-strike-off-company
dissolution · DS01
2024-09-25
accounts-amended-with-accounts-type-small
accounts · AAMD
2024-08-22
accounts-with-accounts-type-small
accounts · AA
2024-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
appoint-person-director-company-with-name-date
officers · AP01
2023-05-03
termination-director-company-with-name-termination-date
officers · TM01
2023-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-small
accounts · AA
2022-10-07
accounts-with-accounts-type-small
accounts · AA
2021-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-07
termination-director-company-with-name-termination-date
officers · TM01
2021-09-24
appoint-person-director-company-with-name-date
officers · AP01
2021-09-24