AUDIOSTATE LIMITED
⚰️Wound downdissolved
04833668 · ltd · incorporated 2003-07-16
Investment thesis
Company dissolved — 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 19.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 63). 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 19.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.3 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 (49/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
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 (38 events)Click to expand
- 2010-02-23📄gazette-dissolved-compulsorygazette · GAZ2
- 2010-02-23🏁Company dissolved
- 2009-11-10📄gazette-notice-compulsorygazette · GAZ1
- 2009-04-29📄accounts-with-made-up-dateaccounts · AA
- 2008-08-07📄legacyannual-return · 363a
- 2008-05-23📄resolutionresolution · RESOLUTIONS
- 2008-05-22📄accounts-with-made-up-dateaccounts · AA
- 2008-05-12📄legacyofficers · 288b
- 2008-05-06➖COKER, Teresa Olamide resigneddirector
- 2007-07-30📄legacyannual-return · 363a
- 2007-07-30📄legacyofficers · 288a
- 2007-07-01➕SMITH, Henry appointeddirector
- 2007-04-19📄resolutionresolution · RESOLUTIONS
- 2007-04-17📄accounts-with-made-up-dateaccounts · AA
- 2007-03-03📄legacymortgage · 395
- 2007-02-19🔒Charge registered #1Lender: Close Invoice Finance Limited
- 2006-08-17📄legacyannual-return · 363s
- 2006-06-02📄legacyofficers · 288a
- 2006-05-19📄legacyofficers · 288a
- 2006-05-08📄legacyofficers · 288b
- 2006-05-01➕ASHFORD ASSOCIATES SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2006-03-27➕COKER, Teresa Olamide appointeddirector
- 2006-03-27➖SMITH, Henry resigneddirector
- 2006-03-23📄legacyofficers · 288b
- 2006-03-15📄resolutionresolution · RESOLUTIONS
- 2006-03-15📄accounts-with-made-up-dateaccounts · AA
- 2006-03-01➖CFL SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2005-09-15📄legacyannual-return · 363s
- 2005-07-11📍legacyaddress · 287
- 2005-06-28📄legacyofficers · 288c
- 2005-03-08📄legacyofficers · 288a
- 2005-03-07📄legacyofficers · 288b
- 2005-03-02➕SMITH, Henry appointeddirector
- 2005-03-02➖CFL DIRECTORS LIMITED resignedcorporate-nominee-director
- 2004-08-12📄legacyannual-return · 363s
- 2003-07-16🏢Company incorporatedAs AUDIOSTATE LIMITED
- 2003-07-16➕CFL SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-07-16➕CFL DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
93/100
Critical — business is the founderThe 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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-02-23
🔒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 · Professional services · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 11.11 WEDDINGS AND EVENTS LTD→ 16261671 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1826 CONSULTING LTD→ 14198493 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1888 LTD→ 11600940 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 22 MANAGEMENT SOLUTIONS LTD→ 17021775 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 24/7 CENTER CARE LTD→ 14375996 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24HOUR SOLUTIONS LIMITED→ 13630765 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 25 SOLUTIONS LTD→ 16819751 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2A STUDIOS LTD→ 17061399 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2BLUES STRATEGIC PARTNERS LTD→ 15462259 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 3 DIMENSIONAL PROJECTS LTD→ 07168109 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| 3 GALES GARDENS LON LIMITED→ 11582651 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 31 & 32 MANCHESTER STREET LIMITED→ 12114367 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2003-07-16
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499
Registered office
74a High Street
Wanstead
London
E11 2RJ
Filing status
Accounts
Next due: —
Last made up to: 2008-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
ASHFORD ASSOCIATES SECRETARIAL SERVICES LIMITED→
Activecorporate-secretary · appointed 2006-05-01
View their other companies + combined net worth →
SMITH, Henry→
Activedirector · ~63y · appointed 2007-07-01
View their other companies + combined net worth →
CFL SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-07-16 · resigned 2006-03-01
COKER, Teresa Olamide→
Resigneddirector · ~56y · appointed 2006-03-27 · resigned 2008-05-06
SMITH, Henry→
Resigneddirector · ~63y · appointed 2005-03-02 · resigned 2006-03-27
CFL DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-07-16 · resigned 2005-03-02
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Invoice Finance Close Invoice Finance Limited | Charge by way of debenture | 1 property | 19/02/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
gazette-dissolved-compulsory
gazette · GAZ2
2010-02-23
gazette-notice-compulsory
gazette · GAZ1
2009-11-10
accounts-with-made-up-date
accounts · AA
2009-04-29
legacy
annual-return · 363a
2008-08-07
resolution
resolution · RESOLUTIONS
2008-05-23
accounts-with-made-up-date
accounts · AA
2008-05-22
legacy
officers · 288b
2008-05-12
legacy
annual-return · 363a
2007-07-30
legacy
officers · 288a
2007-07-30
resolution
resolution · RESOLUTIONS
2007-04-19
accounts-with-made-up-date
accounts · AA
2007-04-17
legacy
mortgage · 395
2007-03-03
legacy
annual-return · 363s
2006-08-17
legacy
officers · 288a
2006-06-02
legacy
officers · 288a
2006-05-19