WILLOUGHBY (396) LIMITED

⚰️Wound downliquidation
04432462 · ltd · incorporated 2002-05-07
Investment thesis
Company liquidation — 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 21.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
34/100
Pass
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 70100Activities of head offices
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 34/100 (pass), bankability 50/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

4 live charges · oldest 21.7y

65/100
clean up first

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

  • · Oldest live charge is 21.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
20
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees300500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (42 events)Click to expand
  1. 2025-11-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-11-10
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  3. 2025-11-10
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2025-11-10
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-11-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-11-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-11-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2025-07-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-07-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-09-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-08-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2024-07-31
    COXE, Elizabeth Louise resigned
    secretary
  15. 2024-04-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-04-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2023-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-05-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2023-01-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2023-01-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2023-01-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2022-12-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  24. 2021-10-22
    🔓
    Charge satisfied #4
  25. 2021-10-22
    🔓
    Charge satisfied #3
  26. 2021-10-22
    🔓
    Charge satisfied #2
  27. 2021-10-22
    🔓
    Charge satisfied #1
  28. 2021-02-27
    COLES, John Robert resigned
    director
  29. 2019-10-09
    COLES, Mark John Dick appointed
    director
  30. 2019-10-09
    COLES, Thomas Philip John appointed
    director
  31. 2019-10-09
    GULLIFORD, Julia Elizabeth Mary appointed
    director
  32. 2016-11-14
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  33. 2010-03-26
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  34. 2005-03-18
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  35. 2004-10-22
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  36. 2004-10-18
    COXE, Elizabeth Louise appointed
    secretary
  37. 2004-10-18
    WILLOUGHBY CORPORATE SECRETARIAL LIMITED resigned
    corporate-secretary
  38. 2002-09-20
    COLES, John Robert appointed
    director
  39. 2002-09-20
    WILLOUGHBY CORPORATE REGISTRARS LIMITED resigned
    corporate-director
  40. 2002-05-07
    🏢
    Company incorporated
    As WILLOUGHBY (396) LIMITED
  41. 2002-05-07
    WILLOUGHBY CORPORATE SECRETARIAL LIMITED appointed
    corporate-secretary
  42. 2002-05-07
    WILLOUGHBY CORPORATE REGISTRARS LIMITED appointed
    corporate-director

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-21

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

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

Evidence: 2025-11-10: liquidation-voluntary-declaration-of-solvency; 2025-11-10: liquidation-voluntary-appointment-of-liquidator

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.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mark John Dick Coles
Individual · British · DOB 08/1977 · age 49
2550%
25-50% shares28/09/2022
Mrs Julia Elizabeth Mary Gulliford
Individual · British · DOB 01/1982 · age 44
2550%
25-50% shares28/09/2022
Mr Thomas Philip John Coles
Individual · British · DOB 04/1979 · age 47
sig. influencesignificant influence30/03/2021
1 historic (ceased) PSC
  • Mr John Robert Colesceased 27/02/2021· board control

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

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

Statusliquidation
Typeltd
Incorporated2002-05-07
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

11th Floor One Temple Row
Birmingham
B2 5LG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-21OVERDUE
Last: 2025-05-07

Officers (3 active · 4 resigned)

COLES, Mark John Dick
director · ~49y · appointed 2019-10-09
View their other companies + combined net worth →
Active
COLES, Thomas Philip John
director · ~47y · appointed 2019-10-09
View their other companies + combined net worth →
Active
GULLIFORD, Julia Elizabeth Mary
director · ~44y · appointed 2019-10-09
View their other companies + combined net worth →
Active
COXE, Elizabeth Louise
secretary · appointed 2004-10-18 · resigned 2024-07-31
Resigned
WILLOUGHBY CORPORATE SECRETARIAL LIMITED
corporate-secretary · appointed 2002-05-07 · resigned 2004-10-18
Resigned
COLES, John Robert
director · ~80y · appointed 2002-09-20 · resigned 2021-02-27
Resigned
WILLOUGHBY CORPORATE REGISTRARS LIMITED
corporate-director · appointed 2002-05-07 · resigned 2002-09-20
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property14/11/201622/10/2021
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property26/03/201022/10/2021
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property18/03/200522/10/2021
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property22/10/200422/10/2021

Recent filings (100 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-10
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2025-11-10
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-11-10
resolution
resolution · RESOLUTIONS
2025-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-01
change-person-director-company-with-change-date
officers · CH01
2025-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-05
change-person-director-company-with-change-date
officers · CH01
2025-07-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-23
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07