TIMBER WAREHOUSE LIMITED
⚰️Wound downdissolved
04629378 · ltd · incorporated 2003-01-06
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
54/100
Worth a look
What this business does
Primary activity: SIC 5153
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 50/100. Strong seller-intent signal (65/100, director aged 62). Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 23.2y
40/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
no address, 1 SIC codes, incorporation date
75
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (2/3 with lender, 3/3 with type)
84
Directors & officers
11 officers (3 active, 11 linked, 6 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
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 (49 events)Click to expand
- 2010-04-18⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-04-18🏁Company dissolved
- 2010-01-18⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-01-18⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2009-09-24⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-03-18⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2008-09-23⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2007-09-22⚠️liquidation-voluntary-statement-of-affairsinsolvency · 4.20
- 2007-09-22📄resolutionresolution · RESOLUTIONS
- 2007-09-22⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2007-09-06📍legacyaddress · 287
- 2007-04-25📄legacyannual-return · 363s
- 2007-04-25📄legacyannual-return · 363(288)
- 2007-04-25📄legacyofficers · 288a
- 2007-04-12📄legacyofficers · 288b
- 2006-10-01➕CARLIN, Stefan John appointedsecretary
- 2006-10-01➖BARTLETT, Michael resignedsecretary
- 2006-09-10➖BARTLETT, Michael resigneddirector
- 2006-09-07📄legacyannual-return · 363s
- 2006-09-07📄legacyannual-return · 363(288)
- 2006-08-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-07-21📄legacyannual-return · 363s
- 2005-07-21📄legacyannual-return · 363(353)
- 2005-07-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-07-08📄legacycapital · 88(2)R
- 2004-09-20📄legacyofficers · 288b
- 2004-09-14➖RYDER, Brian resigneddirector
- 2004-04-23📄legacyannual-return · 363s
- 2004-04-23📄legacyannual-return · 363(287)
- 2004-04-23📄legacyannual-return · 363(353)
- 2003-08-28🔓Charge satisfied #1
- 2003-08-15🔒Charge registered #2Lender: Ultimate Finance Limited
- 2003-06-14➕CARLIN, Stefan John appointeddirector
- 2003-06-14➕PENWILL, Mark Ian appointeddirector
- 2003-03-17🔒Charge registered #1Lender: Bibby Factors Bristol Limited
- 2003-03-01➕BARTLETT, Michael appointedsecretary
- 2003-03-01➖PENWILL, Mark Ian resignedsecretary
- 2003-03-01➕BARTLETT, Michael appointeddirector
- 2003-03-01➖CARLIN, Stefan John resigneddirector
- 2003-03-01➖PENWILL, Mark Ian resigneddirector
- 2003-03-01➕RYDER, Brian appointeddirector
- 2003-01-20➕PENWILL, Mark Ian appointedsecretary
- 2003-01-20➕CARLIN, Stefan John appointeddirector
- 2003-01-20➕PENWILL, Mark Ian appointeddirector
- 2003-01-15➖DUPORT SECRETARY LIMITED resignedcorporate-nominee-secretary
- 2003-01-15➖DUPORT DIRECTOR LIMITED resignedcorporate-director
- 2003-01-06🏢Company incorporatedAs TIMBER WAREHOUSE LIMITED
- 2003-01-06➕DUPORT SECRETARY LIMITED appointedcorporate-nominee-secretary
- 2003-01-06➕DUPORT DIRECTOR LIMITED appointedcorporate-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-04-18
8 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-04-18: gazette-dissolved-liquidation; 2010-01-18: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
🔒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 · Transport & logistics| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 002-02092021 LTD→ 13603665 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1 DANI TRANSPORT LTD→ 14328522 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1 LEVEL FASTER LIMITED→ 14575137 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 1 OBA LIMITED→ 07810162 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 1-2 CALL CARS LTD→ 13837177 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 10 SAINTS TRAVELS LTD→ 16692339 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 100+ SOLUTIONS LIMITED→ 14755254 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 1031 SOLUTIONS LIMITED→ 14085018 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 123 EXPRESS LTD→ 13953945 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 123HGV LTD→ 14738697 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 13 LUCKY LTD→ 10902703 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1313 TRANSPORT LONDON LTD→ 16424703 · 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
Incorporated2003-01-06
Jurisdictionengland-wales
Primary SIC5153 — SIC 5153
Registered office
The Conifers
Filton Road
Hambrook
Bristol
Filing status
Accounts
Next due: —
Last made up to: 2005-01-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 8 resigned)
CARLIN, Stefan John→
Activesecretary · appointed 2006-10-01
View their other companies + combined net worth →
CARLIN, Stefan John→
Activedirector · ~57y · appointed 2003-06-14
View their other companies + combined net worth →
PENWILL, Mark Ian→
Activedirector · ~62y · appointed 2003-06-14
View their other companies + combined net worth →
BARTLETT, Michael→
Resignedsecretary · appointed 2003-03-01 · resigned 2006-10-01
PENWILL, Mark Ian→
Resignedsecretary · appointed 2003-01-20 · resigned 2003-03-01
DUPORT SECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-01-06 · resigned 2003-01-15
BARTLETT, Michael→
Resigneddirector · ~64y · appointed 2003-03-01 · resigned 2006-09-10
CARLIN, Stefan John→
Resigneddirector · ~57y · appointed 2003-01-20 · resigned 2003-03-01
PENWILL, Mark Ian→
Resigneddirector · ~62y · appointed 2003-01-20 · resigned 2003-03-01
RYDER, Brian→
Resigneddirector · ~77y · appointed 2003-03-01 · resigned 2004-09-14
DUPORT DIRECTOR LIMITED→
Resignedcorporate-director · appointed 2003-01-06 · resigned 2003-01-15
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ultimate Finance Ultimate Finance Limited | Debenture (all assets) | 1 property | 15/08/2003 | — | |
| satisfied | Bibby Financial Services Bibby Factors Bristol Limited | Fixed and floating charge | 1 property | 17/03/2003 | 28/08/2003 | |
| outstanding | Unknown | A registered charge | — | — | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (44 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-04-18
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-01-18
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2010-01-18
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-09-24
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-03-18
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-09-23
liquidation-voluntary-statement-of-affairs
insolvency · 4.20
2007-09-22
resolution
resolution · RESOLUTIONS
2007-09-22
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2007-09-22
legacy
address · 287
2007-09-06
legacy
annual-return · 363s
2007-04-25
legacy
annual-return · 363(288)
2007-04-25
legacy
officers · 288a
2007-04-25
legacy
officers · 288b
2007-04-12
legacy
annual-return · 363s
2006-09-07