OUT OF TOWN GROUP LIMITED

⚰️Wound downinsolvency-proceedings
04514252 · ltd · incorporated 2002-08-19
Investment thesis
Company insolvency proceedings — 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 23.5y old — refinance window within 12 months
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
43/100
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What this business does
Primary activity: SIC 5530
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 43/100 (watch), bankability 25/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · oldest 23.5y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 23.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
23
Multiple red flags — proceed with caution.
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 (44 events)Click to expand
  1. 2009-07-02
    ⚠️
    liquidation-in-administration-change-date-of-dissolution
    insolvency · 2.36B
  2. 2009-04-21
    ⚠️
    liquidation-in-administration-move-to-dissolution
    insolvency · 2.35B
  3. 2008-11-12
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · 2.31B
  4. 2008-10-29
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · 2.31B
  5. 2008-10-24
    ⚠️
    liquidation-in-administration-progress-report-with-brought-down-date
    insolvency · 2.24B
  6. 2008-10-18
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · 2.31B
  7. 2008-10-18
    ⚠️
    liquidation-in-administration-progress-report-with-brought-down-date
    insolvency · 2.24B
  8. 2008-08-20
    ⚠️
    liquidation-in-administration-appointment-of-replacement-additional-administrator
    insolvency · 2.40B
  9. 2008-04-29
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · 2.31B
  10. 2007-11-28
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · 2.24B
  11. 2007-07-09
    ⚠️
    liquidation-in-administration-statement-of-affairs
    insolvency · 2.16B
  12. 2007-07-09
    📄
    legacy
    officers · 288b
  13. 2007-06-29
    ⚠️
    liquidation-in-administration-proposals
    insolvency · 2.17B
  14. 2007-06-25
    ➖
    MAYES, Colin Michael resigned
    director
  15. 2007-05-11
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · 2.12B
  16. 2007-05-10
    📍
    legacy
    address · 287
  17. 2006-10-20
    📄
    legacy
    annual-return · 363a
  18. 2006-08-07
    📄
    legacy
    capital · 88(2)R
  19. 2006-07-05
    📄
    accounts-with-accounts-type-group
    accounts · AA
  20. 2006-06-30
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2006-06-30
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2006-06-30
    📄
    legacy
    capital · 123
  23. 2006-06-30
    📄
    legacy
    officers · 288b
  24. 2006-05-31
    ➖
    HORLER, James Michael Alexander resigned
    director
  25. 2005-08-22
    📄
    legacy
    annual-return · 363a
  26. 2005-01-11
    📄
    legacy
    officers · 288b
  27. 2004-12-31
    ➖
    HEATH, Simon Barrie resigned
    secretary
  28. 2004-12-31
    ➖
    HEATH, Simon Barrie resigned
    director
  29. 2004-12-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  30. 2004-11-11
    ➕
    HUNTER, Graham George appointed
    secretary
  31. 2004-11-11
    ➕
    HUNTER, Graham George appointed
    director
  32. 2004-01-29
    ➕
    GRIMBLEBY, Frazer appointed
    director
  33. 2003-08-13
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  34. 2002-12-05
    ➕
    HEATH, Simon Barrie appointed
    secretary
  35. 2002-12-05
    ➕
    HEATH, Simon Barrie appointed
    director
  36. 2002-12-05
    ➕
    HORLER, James Michael Alexander appointed
    director
  37. 2002-12-05
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  38. 2002-11-29
    ➕
    ARMOUR, Malcolm Craig appointed
    director
  39. 2002-11-29
    ➖
    DM COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  40. 2002-11-29
    ➕
    MAYES, Colin Michael appointed
    director
  41. 2002-11-29
    ➖
    25 NOMINEES LIMITED resigned
    corporate-director
  42. 2002-08-19
    🏢
    Company incorporated
    As OUT OF TOWN GROUP LIMITED
  43. 2002-08-19
    ➕
    DM COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  44. 2002-08-19
    ➕
    25 NOMINEES LIMITED appointed
    corporate-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 23 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.

Red flags

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2007-01-31

Confirmation statement overdue
high

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

Evidence: Next due: 2016-09-02

13 insolvency-related filings on record
high

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

Evidence: 2009-07-02: liquidation-in-administration-change-date-of-dissolution; 2009-04-21: liquidation-in-administration-move-to-dissolution

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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

12 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

Statusinsolvency-proceedings
Typeltd
Incorporated2002-08-19
Jurisdictionengland-wales
Primary SIC5530 — SIC 5530

Registered office

Rsm Robson Rhodes Llp
30 Finsbury Square
London
EC2P 2YU

Filing status

Accounts
Next due: 2007-01-31OVERDUE
Last made up to: 2005-03-27
Confirmation statement
Next due: 2016-09-02OVERDUE
Last: —

Officers (4 active · 6 resigned)

HUNTER, Graham George→
secretary · appointed 2004-11-11
View their other companies + combined net worth →
Active
ARMOUR, Malcolm Craig→
director · ~65y · appointed 2002-11-29
View their other companies + combined net worth →
Active
GRIMBLEBY, Frazer→
director · ~53y · appointed 2004-01-29
View their other companies + combined net worth →
Active
HUNTER, Graham George→
director · ~62y · appointed 2004-11-11
View their other companies + combined net worth →
Active
HEATH, Simon Barrie→
secretary · appointed 2002-12-05 · resigned 2004-12-31
Resigned
DM COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 2002-08-19 · resigned 2002-11-29
Resigned
HEATH, Simon Barrie→
director · ~71y · appointed 2002-12-05 · resigned 2004-12-31
Resigned
HORLER, James Michael Alexander→
director · ~61y · appointed 2002-12-05 · resigned 2006-05-31
Resigned
MAYES, Colin Michael→
director · ~71y · appointed 2002-11-29 · resigned 2007-06-25
Resigned
25 NOMINEES LIMITED→
corporate-director · appointed 2002-08-19 · resigned 2002-11-29
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Keyman insurance assignment1 property13/08/2003—
outstanding
Barclays
Barclays Bank PLC
Guarantee and debenture6 properties05/12/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

liquidation-in-administration-change-date-of-dissolution
insolvency · 2.36B
2009-07-02
liquidation-in-administration-move-to-dissolution
insolvency · 2.35B
2009-04-21
liquidation-in-administration-extension-of-period
insolvency · 2.31B
2008-11-12
liquidation-in-administration-extension-of-period
insolvency · 2.31B
2008-10-29
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2008-10-24
liquidation-in-administration-extension-of-period
insolvency · 2.31B
2008-10-18
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2008-10-18
liquidation-in-administration-appointment-of-replacement-additional-administrator
insolvency · 2.40B
2008-08-20
liquidation-in-administration-extension-of-period
insolvency · 2.31B
2008-04-29
liquidation-in-administration-progress-report
insolvency · 2.24B
2007-11-28
liquidation-in-administration-statement-of-affairs
insolvency · 2.16B
2007-07-09
legacy
officers · 288b
2007-07-09
liquidation-in-administration-proposals
insolvency · 2.17B
2007-06-29
liquidation-in-administration-appointment-of-administrator
insolvency · 2.12B
2007-05-11
legacy
address · 287
2007-05-10