P&P CONSTRUCTION LIMITED

⚰️Wound downdissolved
04854779 · ltd · incorporated 2003-08-04
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 22.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).

🏦

Refinance opportunity

3 live charges · oldest 22.8y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.8 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 (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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 5 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
21 connected companies via shared directors
90
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
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 (40 events)Click to expand
  1. 2012-07-17
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-07-17
    🏁
    Company dissolved
  3. 2012-04-03
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-03-21
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2011-11-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2011-08-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2011-05-19
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2011-03-02
    📄
    legacy
    mortgage · MG02
  9. 2011-03-01
    🔓
    Charge satisfied #1
  10. 2010-08-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2010-04-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2009-08-06
    📄
    legacy
    annual-return · 363a
  13. 2009-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2008-09-02
    📄
    legacy
    annual-return · 363a
  15. 2008-05-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2007-08-22
    📄
    legacy
    annual-return · 363a
  17. 2007-08-22
    📄
    legacy
    annual-return · 363a
  18. 2007-07-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2006-07-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2005-08-24
    📄
    legacy
    annual-return · 363s
  21. 2005-06-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2004-09-17
    📄
    legacy
    annual-return · 363s
  23. 2003-12-22
    📄
    legacy
    mortgage · 395
  24. 2003-12-16
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  25. 2003-09-25
    📄
    legacy
    mortgage · 395
  26. 2003-09-23
    📄
    legacy
    officers · 288a
  27. 2003-09-23
    📄
    legacy
    officers · 288a
  28. 2003-09-23
    📄
    legacy
    officers · 288a
  29. 2003-09-19
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  30. 2003-08-29
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  31. 2003-08-05
    DONALD, Neil Scott appointed
    director
  32. 2003-08-05
    PARKER, Thomas Charles appointed
    director
  33. 2003-08-05
    PAYNE, Francis William appointed
    director
  34. 2003-08-04
    🏢
    Company incorporated
    As P&P CONSTRUCTION LIMITED
  35. 2003-08-04
    PAYNE, Francis William appointed
    secretary
  36. 2003-08-04
    PAYNE, Andrew Francis appointed
    director
  37. 2003-08-04
    GRAEME, Dorothy May appointed
    nominee-secretary
  38. 2003-08-04
    GRAEME, Dorothy May resigned
    nominee-secretary
  39. 2003-08-04
    GRAEME, Lesley Joyce appointed
    nominee-director
  40. 2003-08-04
    GRAEME, Lesley Joyce resigned
    nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 79 years old. Natural succession window is now.
  • 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 2012-07-17

🔒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

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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated2003-08-04
Jurisdictionengland-wales
Primary SIC4521 — SIC 4521

Registered office

Oak Tree Barn
Lewis Road
Black Boys
East Sussex
TN22 5JZ

Filing status

Accounts
Next due:
Last made up to: 2011-02-28
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

PAYNE, Francis William
secretary · appointed 2003-08-04
View their other companies + combined net worth →
Active
DONALD, Neil Scott
director · ~77y · appointed 2003-08-05
View their other companies + combined net worth →
Active
PARKER, Thomas Charles
director · ~71y · appointed 2003-08-05
View their other companies + combined net worth →
Active
PAYNE, Andrew Francis
director · ~57y · appointed 2003-08-04
View their other companies + combined net worth →
Active
PAYNE, Francis William
director · ~79y · appointed 2003-08-05
View their other companies + combined net worth →
Active
GRAEME, Dorothy May
nominee-secretary · appointed 2003-08-04 · resigned 2003-08-04
Resigned
GRAEME, Lesley Joyce
nominee-director · ~73y · appointed 2003-08-04 · resigned 2003-08-04
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property16/12/2003
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property19/09/2003
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property29/08/200301/03/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (35 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-07-17
gazette-notice-voluntary
gazette · GAZ1(A)
2012-04-03
dissolution-application-strike-off-company
dissolution · DS01
2012-03-21
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-11-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-05
change-account-reference-date-company-previous-extended
accounts · AA01
2011-05-19
legacy
mortgage · MG02
2011-03-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-04-06
legacy
annual-return · 363a
2009-08-06
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-08-03
legacy
annual-return · 363a
2008-09-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-05-13
legacy
annual-return · 363a
2007-08-22
legacy
annual-return · 363a
2007-08-22