FOILIT LIMITED
⚰️Wound downdissolved
04376331 · ltd · incorporated 2002-02-18
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 24.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
4 live charges · oldest 24.0y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 24.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (56/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
60
Some acquirability indicators.
Risk profile
67
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 (36 events)Click to expand
- 2024-12-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2024-12-10🏁Company dissolved
- 2024-09-24📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-09-13📄dissolution-application-strike-off-companydissolution · DS01
- 2024-04-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-09📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-13📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2020-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-09-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-09-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-10-20➕BAXTER, Sasha appointedsecretary
- 2011-10-20➖KLEMIS, Adam resignedsecretary
- 2011-10-20➖PYNE, Christopher resigneddirector
- 2010-03-30➕KLEMIS, Adam appointedsecretary
- 2010-03-30➖ALDBURY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2007-12-11🔒Charge registered #4Lender: Darby Properties Limited
- 2005-07-18➖PACKER, Peter Martin resigneddirector
- 2004-01-01➕KLEMIS, Adam appointeddirector
- 2003-04-01🔒Charge registered #3Lender: Darby Properties Limited
- 2003-01-09🔒Charge registered #2Lender: Darby Properties Limited
- 2002-06-13🔒Charge registered #1Lender: Darby Properties Limited
- 2002-02-18🏢Company incorporatedAs FOILIT LIMITED
- 2002-02-18➕ALDBURY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-02-18➕PACKER, Peter Martin appointeddirector
- 2002-02-18➕PYNE, Christopher appointeddirector
- 2002-02-18➕ALDBURY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2002-02-18➖ALDBURY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
85/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-12-10
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adam Klemis Individual · British · DOB 12/1971 · age 55 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/04/2024 |
1 historic (ceased) PSC
- Cirrus Holdings Limitedceased 29/04/2024· 75-100% shares · 75-100% voting
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
Active · Manufacturing · NN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALUMASC LIMITED→ 00395193 · est 1945 · no financials extracted | — | — | — | — | 80y | — | — |
| ALUTEC RAINWATER SYSTEMS LIMITED→ 17043471 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALVEX LTD→ 16191692 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AM ELECTRICS (RENEWABLES) LIMITED→ 09007045 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AMB HYGIENE LIMITED→ 01882500 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| AMBER ARC STUDIO LTD→ 15751646 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMBRY LTD→ 15508229 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMC FASTENERS LTD→ 16073668 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMEGA SCIENCES LIMITED→ 01840633 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| AMELEC TECHNICAL SOLUTIONS LIMITED→ 05185060 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AMERICAN RV CENTRE LIMITED→ 09320099 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AMG PRINT SOLUTIONS LIMITED→ 16789131 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2002-02-18
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290
Registered office
Unit 11 Rothersthorpe Avenue
Rothersthorpe Avenue Industrial Estate
Northampton
Northamptonshire
NN4 8JH
England
Filing status
Accounts
Next due: —
Last made up to: 2023-08-31
Confirmation statement
Next due: —
Last: 2024-02-18
Officers (0 active · 5 resigned)
Active
KLEMIS, Adam→
Activedirector · ~55y · appointed 2004-01-01
View their other companies + combined net worth →
KLEMIS, Adam→
Resignedsecretary · appointed 2010-03-30 · resigned 2011-10-20
ALDBURY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-02-18 · resigned 2010-03-30
PACKER, Peter Martin→
Resigneddirector · ~78y · appointed 2002-02-18 · resigned 2005-07-18
PYNE, Christopher→
Resigneddirector · ~71y · appointed 2002-02-18 · resigned 2011-10-20
ALDBURY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-02-18 · resigned 2002-02-18
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Darby Properties Darby Properties Limited | Rent deposit deed | 1 property | 11/12/2007 | — | |
| outstanding | Darby Properties Darby Properties Limited | Rent deposit deed | 1 property | 01/04/2003 | — | |
| outstanding | Darby Properties Darby Properties Limited | Deposit deed | 1 property | 09/01/2003 | — | |
| outstanding | Darby Properties Darby Properties Limited | Deposit deed | 1 property | 13/06/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-12-10
gazette-notice-voluntary
gazette · GAZ1(A)
2024-09-24
dissolution-application-strike-off-company
dissolution · DS01
2024-09-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
change-account-reference-date-company-previous-extended
accounts · AA01
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2020-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-07