ALTERED IMAGES (EAST MIDLANDS) LIMITED
- · Oldest live charge 20.0y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 75). 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).
Refinance opportunity
1 live charge · oldest 20.0y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.0 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: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (40 events)Click to expand
- 2018-10-02📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-10-02🏁Company dissolved
- 2018-07-17📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-07-10📄dissolution-application-strike-off-companydissolution · DS01
- 2018-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-11-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-12-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-11-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-11-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-11-13📄termination-secretary-company-with-nameofficers · TM02
- 2009-10-01➖STREETS FINANCIAL CONSULTING PLC resignedcorporate-secretary
- 2009-01-29📄legacyannual-return · 363a
- 2007-11-16➕SANDFORD, John appointedsecretary
- 2007-06-18➖KIRK, Lynne resigneddirector
- 2007-05-22➖RAGOSTA, Suzanne Beverley resigneddirector
- 2006-04-28🔒Charge registered #1Lender: National Westminster Bank PLC
- 2004-07-01➕KIRK, Lynne appointeddirector
- 2002-12-18➕RAGOSTA, Suzanne Beverley appointeddirector
- 2002-11-01🏢Company incorporatedAs ALTERED IMAGES (EAST MIDLANDS) LIMITED
- 2002-11-01➕BUTCHER, Robert Alfred appointeddirector
- 2002-11-01➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-11-01➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-11-01➕STREETS FINANCIAL CONSULTING PLC appointedcorporate-secretary
- 2002-11-01➕COMBINED NOMINEES LIMITED appointedcorporate-nominee-director
- 2002-11-01➖COMBINED NOMINEES LIMITED resignedcorporate-nominee-director
- 2002-11-01➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-director
- 2002-11-01➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-10-02
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Alfred Butcher Individual · British · DOB 10/1951 · age 75 | 75–100% | — | 75-100% shares | 01/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (0 active · 6 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 28/04/2006 | — |