FIRMAC NORTH LIMITED
⚰️Wound downdissolved
05156798 · ltd · incorporated 2004-06-17
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 20.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: SIC 7011
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 65/100 (strong), bankability 75/100. Strong seller-intent signal (65/100, director aged 62). 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 20.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.7 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 (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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 2 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 connected companies via shared directors
90
Filing history
37 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 (38 events)Click to expand
- 2011-04-26📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-04-26🏁Company dissolved
- 2011-01-11📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-12-21📄dissolution-application-strike-off-companydissolution · DS01
- 2010-07-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-06-26📄legacyannual-return · 363a
- 2009-06-25📄legacyofficers · 288c
- 2009-06-25📍legacyaddress · 190
- 2009-06-25📍legacyaddress · 353
- 2009-06-25📍legacyaddress · 287
- 2009-06-23📍legacyaddress · 287
- 2009-01-27📄accounts-with-accounts-type-smallaccounts · AA
- 2008-06-19📄legacyannual-return · 363a
- 2008-02-01📄accounts-with-accounts-type-smallaccounts · AA
- 2007-06-22📄legacyannual-return · 363a
- 2007-02-07📄accounts-with-accounts-type-smallaccounts · AA
- 2006-06-19📄legacyannual-return · 363a
- 2006-06-19📄legacyofficers · 288c
- 2006-06-19📍legacyaddress · 190
- 2006-06-19📍legacyaddress · 353
- 2006-06-19📍legacyaddress · 287
- 2006-03-17📄accounts-with-made-up-dateaccounts · AA
- 2005-11-03📍legacyaddress · 287
- 2005-10-18📄legacymortgage · 395
- 2005-10-18📄legacymortgage · 395
- 2005-09-30🔒Charge registered #3Lender: Investec Bank (UK) Limited
- 2005-09-30🔒Charge registered #2Lender: Investec Bank (UK) Limited
- 2005-09-30🔒Charge registered #1Lender: Investec Bank (UK) Limited
- 2005-08-15➕ROGERS, Victoria Frances appointedsecretary
- 2004-06-17🏢Company incorporatedAs FIRMAC NORTH LIMITED
- 2004-06-17➕MACDONALD, Angus Crawford appointedsecretary
- 2004-06-17➕FIRMSTONE, Francis Timothy appointeddirector
- 2004-06-17➕MACDONALD, Angus Crawford appointeddirector
- 2004-06-17➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2004-06-17➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2004-06-17➕CORPORATE APPOINTMENTS LIMITED appointedcorporate-nominee-director
- 2004-06-17➖CORPORATE APPOINTMENTS LIMITED resignedcorporate-nominee-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 22 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 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-04-26
🔒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
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|---|---|---|---|---|---|---|---|
| A-GAS (ORB) LIMITED→ 07488989 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ADTOPS SOLUTION LTD→ 14395814 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE BIDCO LIMITED→ 09555514 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCE TOPCO LIMITED→ 09555348 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AEPA LIMITED→ 08434953 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AERO ACCOUNTANCY SERVICES LIMITED→ 06470172 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AET CONSULTING SERVICES LTD→ 12919419 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AEVUM ESTATE PROTECTION LTD→ 14490938 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AF LIVE LIMITED→ 05768090 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| AFFINIA HOLDINGS LIMITED→ 11890721 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AFFINIA PARTNERSHIPS LIMITED→ 05791644 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AFFINITY PARTNERSHIP GROUP LTD→ 11966424 · 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
Incorporated2004-06-17
Jurisdictionengland-wales
Primary SIC7011 — SIC 7011
Registered office
77 West Street
Bristol
Bristol
BS3 3NU
Filing status
Accounts
Next due: —
Last made up to: 2009-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
MACDONALD, Angus Crawford→
Activesecretary · appointed 2004-06-17
View their other companies + combined net worth →
ROGERS, Victoria Frances→
Activesecretary · appointed 2005-08-15
View their other companies + combined net worth →
FIRMSTONE, Francis Timothy→
Activedirector · ~58y · appointed 2004-06-17
View their other companies + combined net worth →
MACDONALD, Angus Crawford→
Activedirector · ~62y · appointed 2004-06-17
View their other companies + combined net worth →
SECRETARIAL APPOINTMENTS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-06-17 · resigned 2004-06-17
CORPORATE APPOINTMENTS LIMITED→
Resignedcorporate-nominee-director · appointed 2004-06-17 · resigned 2004-06-17
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Investec Bank (UK) Investec Bank (UK) Limited | Deposit agreement | 1 property | 30/09/2005 | — | |
| outstanding | Investec Bank (UK) Investec Bank (UK) Limited | Legal charge | 1 property | 30/09/2005 | — | |
| outstanding | Investec Bank (UK) Investec Bank (UK) Limited | Debenture | 1 property | 30/09/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-04-26
gazette-notice-voluntary
gazette · GAZ1(A)
2011-01-11
dissolution-application-strike-off-company
dissolution · DS01
2010-12-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-11-02
legacy
annual-return · 363a
2009-06-26
legacy
officers · 288c
2009-06-25
legacy
address · 190
2009-06-25
legacy
address · 353
2009-06-25
legacy
address · 287
2009-06-25
legacy
address · 287
2009-06-23
accounts-with-accounts-type-small
accounts · AA
2009-01-27
legacy
annual-return · 363a
2008-06-19
accounts-with-accounts-type-small
accounts · AA
2008-02-01
legacy
annual-return · 363a
2007-06-22