PRAJNA LIMITED

⚰️Wound downdissolved
04440812 · ltd · incorporated 2002-05-16
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
63/100
Worth a look
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (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 (73/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
80
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 (35 events)Click to expand
  1. 2018-08-21
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-08-21
    🏁
    Company dissolved
  3. 2018-06-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-05-25
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2018-02-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2017-03-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2016-06-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2016-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2016-05-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2016-05-16
    ➖
    SHIPSTON, Robin Lewis resigned
    secretary
  11. 2016-05-12
    ➖
    HART, Simon Michael resigned
    director
  12. 2016-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-06-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-02-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-01-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2013-05-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-02-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2012-05-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-01-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2011-06-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2011-01-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2010-06-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-06-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2010-06-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2010-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2009-07-16
    📄
    legacy
    annual-return · 363a
  28. 2002-05-16
    🏢
    Company incorporated
    As PRAJNA LIMITED
  29. 2002-05-16
    ➕
    SHIPSTON, Robin Lewis appointed
    director
  30. 2002-05-16
    ➕
    SHIPSTON, Robin Lewis appointed
    secretary
  31. 2002-05-16
    ➕
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  32. 2002-05-16
    ➖
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  33. 2002-05-16
    ➕
    HART, Simon Michael appointed
    director
  34. 2002-05-16
    ➕
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  35. 2002-05-16
    ➖
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

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

Succession & seller-readiness

85/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 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
high

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

Evidence: Dissolved on 2018-08-21

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robin Shipston
Individual · English · DOB 01/1966 · age 60
75–100%
—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

8 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
Incorporated2002-05-16
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Atlantic House
The Point
Weaver Road
Lincoln
LN6 3QN

Filing status

Accounts
Next due: —
Last made up to: 2017-05-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 4 resigned)

SHIPSTON, Robin Lewis→
director · ~60y · appointed 2002-05-16
View their other companies + combined net worth →
Active
SHIPSTON, Robin Lewis→
secretary · appointed 2002-05-16 · resigned 2016-05-16
Resigned
SECRETARIAL APPOINTMENTS LIMITED→
corporate-nominee-secretary · appointed 2002-05-16 · resigned 2002-05-16
Resigned
HART, Simon Michael→
director · ~57y · appointed 2002-05-16 · resigned 2016-05-12
Resigned
CORPORATE APPOINTMENTS LIMITED→
corporate-nominee-director · appointed 2002-05-16 · resigned 2002-05-16
Resigned

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

Recent filings (48 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-08-21
gazette-notice-voluntary
gazette · GAZ1(A)
2018-06-05
dissolution-application-strike-off-company
dissolution · DS01
2018-05-25
accounts-with-accounts-type-dormant
accounts · AA
2018-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2017-06-01
accounts-with-accounts-type-dormant
accounts · AA
2017-03-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-14
termination-director-company-with-name-termination-date
officers · TM01
2016-05-19
termination-secretary-company-with-name-termination-date
officers · TM02
2016-05-19
accounts-with-accounts-type-dormant
accounts · AA
2016-01-20
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-12
accounts-with-accounts-type-dormant
accounts · AA
2015-02-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-17
accounts-with-accounts-type-dormant
accounts · AA
2014-01-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-29