STERCAP (PROPERTIES) LTD.

⚰️Wound downdissolved
05240952 · ltd · incorporated 2004-09-24
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
55/100
Worth a look
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 19.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (59/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
55
Some acquirability indicators.
Risk profile
59
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 (49 events)Click to expand
  1. 2021-07-27
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2021-07-27
    🏁
    Company dissolved
  3. 2021-05-11
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-05-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2021-04-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2021-04-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2021-03-31
    ➖
    EARLEY, Patricia Pina resigned
    secretary
  8. 2021-03-31
    ➖
    EARLEY, Patricia Pina resigned
    director
  9. 2020-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-06-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2020-02-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-10-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2019-10-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2019-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2019-10-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-10-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-10-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2019-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-10-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2019-09-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2019-09-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2019-09-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2019-09-17
    🔓
    Charge satisfied #4
  24. 2019-09-17
    🔓
    Charge satisfied #3
  25. 2019-09-12
    ➕
    BUCKLEY, Martyn Brian appointed
    director
  26. 2019-09-12
    ➕
    EARLEY, Patricia Pina appointed
    secretary
  27. 2019-09-12
    ➖
    WORMALD, Brian Colin William resigned
    secretary
  28. 2019-09-12
    ➕
    EARLEY, Patricia Pina appointed
    director
  29. 2019-09-12
    ➖
    WORMALD, Brian Colin William resigned
    director
  30. 2019-09-12
    🔒
    Charge registered #5
    Lender: Handelsbanken PLC
  31. 2019-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  32. 2019-06-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  33. 2019-06-29
    🔓
    Charge satisfied #2
  34. 2018-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  35. 2012-04-19
    🔒
    Charge registered #4
    Lender: Svenska Handelsbanken Ab (Publ)
  36. 2012-04-19
    🔒
    Charge registered #3
    Lender: Svenska Handelsbanken Ab (Publ)
  37. 2011-10-15
    ➖
    WORMALD, Graig Ashley resigned
    director
  38. 2011-10-15
    ➖
    WORMALD, James Bradley resigned
    director
  39. 2009-08-07
    ➖
    STRANGEWAY, Dominic Michael resigned
    director
  40. 2008-10-24
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  41. 2006-08-04
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  42. 2005-02-03
    ➕
    STRANGEWAY, Dominic Michael appointed
    director
  43. 2004-09-24
    🏢
    Company incorporated
    As STERCAP (PROPERTIES) LTD.
  44. 2004-09-24
    ➕
    WORMALD, Brian Colin William appointed
    secretary
  45. 2004-09-24
    ➕
    CHETTLEBURGHS SECRETARIAL LTD appointed
    corporate-nominee-secretary
  46. 2004-09-24
    ➖
    CHETTLEBURGHS SECRETARIAL LTD resigned
    corporate-nominee-secretary
  47. 2004-09-24
    ➕
    WORMALD, Brian Colin William appointed
    director
  48. 2004-09-24
    ➕
    WORMALD, Graig Ashley appointed
    director
  49. 2004-09-24
    ➕
    WORMALD, James Bradley appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2021-07-27

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Maramar (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Maramar (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
STERCAP (PROPERTIES) LTD.
This company · 05240952

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Maramar (Holdings) Limited
Corporate entity
75–100%
—board control75-100% shares · board control12/09/2019
1 historic (ceased) PSC
  • Mr Brian Colin William Wormaldceased 12/09/2019· 50-75% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 →
🔒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
Incorporated2004-09-24
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

The Gatehouse The Ridings Business Park
Hopwood Lane
Halifax
West Yorkshire
HX1 3TT

Filing status

Accounts
Next due: —
Last made up to: 2020-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 8 resigned)

BUCKLEY, Martyn Brian→
director · ~55y · appointed 2019-09-12
View their other companies + combined net worth →
Active
EARLEY, Patricia Pina→
secretary · appointed 2019-09-12 · resigned 2021-03-31
Resigned
WORMALD, Brian Colin William→
secretary · appointed 2004-09-24 · resigned 2019-09-12
Resigned
CHETTLEBURGHS SECRETARIAL LTD→
corporate-nominee-secretary · appointed 2004-09-24 · resigned 2004-09-24
Resigned
EARLEY, Patricia Pina→
director · ~56y · appointed 2019-09-12 · resigned 2021-03-31
Resigned
STRANGEWAY, Dominic Michael→
director · ~55y · appointed 2005-02-03 · resigned 2009-08-07
Resigned
WORMALD, Brian Colin William→
director · ~70y · appointed 2004-09-24 · resigned 2019-09-12
Resigned
WORMALD, Graig Ashley→
director · ~46y · appointed 2004-09-24 · resigned 2011-10-15
Resigned
WORMALD, James Bradley→
director · ~48y · appointed 2004-09-24 · resigned 2011-10-15
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property12/09/2019—
satisfied
Svenska Handelsbanken Ab (Publ)
Deed of legal mortgage1 property19/04/201217/09/2019
satisfied
Svenska Handelsbanken Ab (Publ)
Mortgage debenture1 property19/04/201217/09/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Third party legal charge1 property24/10/200829/06/2019
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property04/08/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-07-27
gazette-notice-voluntary
gazette · GAZ1(A)
2021-05-11
dissolution-application-strike-off-company
dissolution · DS01
2021-05-01
termination-director-company-with-name-termination-date
officers · TM01
2021-04-08
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-22
termination-secretary-company-with-name-termination-date
officers · TM02
2019-10-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-10-12
appoint-person-director-company-with-name-date
officers · AP01
2019-10-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-10-11
termination-director-company-with-name-termination-date
officers · TM01
2019-10-11