SULIVAN ROAD PROPERTIES LIMITED

⚰️Wound downdissolved
05028853 · ltd · incorporated 2004-01-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
49/100
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 49/100 (watch), bankability 32/100. Strong seller-intent signal (78/100, director aged 75). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 21.2y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 21.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (52/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
18 connected companies via shared directors
90
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
46
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 (40 events)Click to expand
  1. 2013-08-14
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2013-08-14
    🏁
    Company dissolved
  3. 2013-06-05
    ⚠️
    liquidation-in-administration-progress-report-with-brought-down-date
    insolvency · 2.24B
  4. 2013-05-14
    ⚠️
    liquidation-in-administration-move-to-dissolution-with-case-end-date
    insolvency · 2.35B
  5. 2012-11-29
    ⚠️
    liquidation-in-administration-progress-report-with-brought-down-date
    insolvency · 2.24B
  6. 2012-07-19
    ⚠️
    liquidation-administration-notice-deemed-approval-of-proposals
    insolvency · F2.18
  7. 2012-07-04
    ⚠️
    liquidation-in-administration-proposals
    insolvency · 2.17B
  8. 2012-06-29
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · 2.16B
  9. 2012-05-14
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  10. 2012-05-10
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · 2.12B
  11. 2012-02-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2011-12-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2011-03-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2011-03-07
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  15. 2010-10-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2010-06-02
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  17. 2010-02-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2009-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2009-02-09
    📄
    legacy
    annual-return · 363a
  20. 2008-09-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2008-02-08
    📄
    legacy
    annual-return · 363a
  22. 2007-11-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2007-02-08
    📄
    legacy
    annual-return · 363a
  24. 2006-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2006-01-27
    📄
    legacy
    annual-return · 363a
  26. 2005-04-13
    📄
    legacy
    mortgage · 395
  27. 2005-04-06
    🔒
    Charge registered #4
    Lender: Abby National PLC
  28. 2005-03-29
    🔒
    Charge registered #6
    Lender: Investec Bank (UK) Limited
  29. 2005-03-29
    🔒
    Charge registered #5
    Lender: Investec Bank (UK) Limited
  30. 2005-03-24
    🔒
    Charge registered #3
    Lender: Abbey National PLC
  31. 2005-03-24
    🔒
    Charge registered #2
    Lender: Abbey National PLC
  32. 2005-03-24
    🔒
    Charge registered #1
    Lender: Abbey National PLC
  33. 2004-02-02
    RAYNER, Michael Neil appointed
    secretary
  34. 2004-02-02
    RAYNER, Michael Neil appointed
    director
  35. 2004-02-02
    SACHON, Mark Lewis appointed
    director
  36. 2004-01-28
    🏢
    Company incorporated
    As SULIVAN ROAD PROPERTIES LIMITED
  37. 2004-01-28
    THOMAS, Howard appointed
    nominee-secretary
  38. 2004-01-28
    THOMAS, Howard resigned
    nominee-secretary
  39. 2004-01-28
    TESTER, William Andrew Joseph appointed
    nominee-director
  40. 2004-01-28
    TESTER, William Andrew Joseph resigned
    nominee-director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

96/100
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 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 · 1 low
Company dissolved
high

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

Evidence: Dissolved on 2013-08-14

8 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2013-08-14: gazette-dissolved-liquidation; 2013-06-05: liquidation-in-administration-progress-report-with-brought-down-date

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

11 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
Incorporated2004-01-28
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

St. Philips Point
Temple Row
Birmingham
B2 5AF

Filing status

Accounts
Next due:
Last made up to: 2011-01-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

RAYNER, Michael Neil
secretary · appointed 2004-02-02
View their other companies + combined net worth →
Active
RAYNER, Michael Neil
director · ~75y · appointed 2004-02-02
View their other companies + combined net worth →
Active
SACHON, Mark Lewis
director · ~66y · appointed 2004-02-02
View their other companies + combined net worth →
Active
THOMAS, Howard
nominee-secretary · appointed 2004-01-28 · resigned 2004-01-28
Resigned
TESTER, William Andrew Joseph
nominee-director · ~64y · appointed 2004-01-28 · resigned 2004-01-28
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Abby National
Abby National PLC
Charge over deposits1 property06/04/2005
outstanding
Investec Bank (UK)
Investec Bank (UK) Limited
Assignment of rental income2 properties29/03/2005
outstanding
Investec Bank (UK)
Investec Bank (UK) Limited
Legal charge2 properties29/03/2005
outstanding
Santander
Abbey National PLC
Charge over deposits1 property24/03/2005
outstanding
Santander
Abbey National PLC
Legal and general charge2 properties24/03/2005
outstanding
Santander
Abbey National PLC
Assignment of rental income1 property24/03/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

gazette-dissolved-liquidation
gazette · GAZ2
2013-08-14
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2013-06-05
liquidation-in-administration-move-to-dissolution-with-case-end-date
insolvency · 2.35B
2013-05-14
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2012-11-29
liquidation-administration-notice-deemed-approval-of-proposals
insolvency · F2.18
2012-07-19
liquidation-in-administration-proposals
insolvency · 2.17B
2012-07-04
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · 2.16B
2012-06-29
change-registered-office-address-company-with-date-old-address
address · AD01
2012-05-14
liquidation-in-administration-appointment-of-administrator
insolvency · 2.12B
2012-05-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-12-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-07
change-registered-office-address-company-with-date-old-address
address · AD01
2011-03-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-10-29
change-registered-office-address-company-with-date-old-address
address · AD01
2010-06-02