OUTSAIL LTD

⚰️Wound downdissolved
04831695 · ltd · incorporated 2003-07-14
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: Information technology consultancy activities
Sector: Information & communication
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 (78/100, director aged 70). 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: low (53/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
51 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 (33 events)Click to expand
  1. 2019-09-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2019-09-24
    🏁
    Company dissolved
  3. 2019-07-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2019-07-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2019-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2019-06-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2017-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2016-09-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2015-09-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-07-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2014-09-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-07-23
    ➖
    STEWART, Hayley resigned
    secretary
  14. 2014-07-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-07-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2013-09-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-07-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-09-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2012-07-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2011-08-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2011-05-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2010-10-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2010-09-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-09-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2007-07-23
    ➖
    SMART, Roy Peter resigned
    secretary
  26. 2007-07-23
    ➕
    STEWART, Hayley appointed
    secretary
  27. 2003-09-22
    ➕
    STEWART, Derek Michael appointed
    director
  28. 2003-09-22
    ➕
    SMART, Roy Peter appointed
    secretary
  29. 2003-07-17
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  30. 2003-07-17
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  31. 2003-07-14
    🏢
    Company incorporated
    As OUTSAIL LTD
  32. 2003-07-14
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  33. 2003-07-14
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

100/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 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 dissolved
high

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

Evidence: Dissolved on 2019-09-24

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Derek Stewart
Individual · British · DOB 07/1956 · age 70
75–100%
—75-100% shares01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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Available from the Pro tier upwards.

See pricing →
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Company details

Statusdissolved
Typeltd
Incorporated2003-07-14
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

Unit 23 Horseshoe Crescent
Swindon
Wiltshire
SN5 5AH

Filing status

Accounts
Next due: —
Last made up to: 2018-09-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 4 resigned)

STEWART, Derek Michael→
director · ~70y · appointed 2003-09-22
View their other companies + combined net worth →
Active
SMART, Roy Peter→
secretary · appointed 2003-09-22 · resigned 2007-07-23
Resigned
STEWART, Hayley→
secretary · appointed 2007-07-23 · resigned 2014-07-23
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2003-07-14 · resigned 2003-07-17
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2003-07-14 · resigned 2003-07-17
Resigned

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

Recent filings (51 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2019-09-24
gazette-notice-voluntary
gazette · GAZ1(A)
2019-07-09
dissolution-application-strike-off-company
dissolution · DS01
2019-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-14
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2017-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2016-09-27
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-23