BOURNE DISTRIBUTION LIMITED
⚰️Wound downdissolved
05190105 · ltd · incorporated 2004-07-27
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 21.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: SIC 6024
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), 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: strategic trade sale (73/100).
🏦
Refinance opportunity
1 live charge · oldest 21.6y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 21.6 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 (46/100)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
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
60
Some acquirability indicators.
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 (33 events)Click to expand
- 2012-01-17📄gazette-dissolved-compulsorygazette · GAZ2
- 2012-01-17🏁Company dissolved
- 2011-10-04📄gazette-notice-compulsorygazette · GAZ1
- 2011-03-23📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2010-08-27📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2010-08-03📄gazette-notice-compulsorygazette · GAZ1
- 2009-08-24📄legacyannual-return · 363a
- 2009-07-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-09-30📄legacyannual-return · 363a
- 2008-06-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-10-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-09-17📄legacyannual-return · 363s
- 2006-11-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-09-25📄legacyannual-return · 363s
- 2006-02-16📄resolutionresolution · RESOLUTIONS
- 2006-02-16📄resolutionresolution · RESOLUTIONS
- 2006-02-16📄resolutionresolution · RESOLUTIONS
- 2005-10-10📄legacyannual-return · 363s
- 2005-02-15📍legacyaddress · 287
- 2005-02-15📄legacyofficers · 288c
- 2005-02-15📄legacyofficers · 288c
- 2004-11-05📄legacymortgage · 395
- 2004-11-04🔒Charge registered #1Lender: Hsbc Bank PLC
- 2004-09-21📄legacycapital · 88(2)R
- 2004-08-23📄legacyofficers · 288a
- 2004-08-23📄legacyofficers · 288b
- 2004-08-23📄legacyofficers · 288a
- 2004-08-10➕BOURNE, Helen Louise appointedsecretary
- 2004-08-10➕BOURNE, Ian Wain appointeddirector
- 2004-08-10➖CLARK, Stephen John resignedsecretary
- 2004-07-27🏢Company incorporatedAs BOURNE DISTRIBUTION LIMITED
- 2004-07-27➕BOURNE, Helen Louise appointeddirector
- 2004-07-27➕CLARK, Stephen John appointedsecretary
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "BOURNE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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 2012-01-17
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2004-07-27
Jurisdictionengland-wales
Primary SIC6024 — SIC 6024
Registered office
Fenwick House
Station Road Legbourne
Louth
Lincolnshire
LN11 8LH
Filing status
Accounts
Next due: —
Last made up to: 2008-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 1 resigned)
BOURNE, Helen Louise→
Activesecretary · appointed 2004-08-10
View their other companies + combined net worth →
BOURNE, Helen Louise→
Activedirector · ~52y · appointed 2004-07-27
View their other companies + combined net worth →
BOURNE, Ian Wain→
Activedirector · ~57y · appointed 2004-08-10
View their other companies + combined net worth →
CLARK, Stephen John→
Resignedsecretary · appointed 2004-07-27 · resigned 2004-08-10
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 | HSBC Hsbc Bank PLC | Debenture | 1 property | 04/11/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
gazette-dissolved-compulsory
gazette · GAZ2
2012-01-17
gazette-notice-compulsory
gazette · GAZ1
2011-10-04
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-03-23
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2010-08-27
gazette-notice-compulsory
gazette · GAZ1
2010-08-03
legacy
annual-return · 363a
2009-08-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-07-31
legacy
annual-return · 363a
2008-09-30
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-06-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-10-29
legacy
annual-return · 363s
2007-09-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-11-11
legacy
annual-return · 363s
2006-09-25
resolution
resolution · RESOLUTIONS
2006-02-16
resolution
resolution · RESOLUTIONS
2006-02-16