SPORTREC WALES LIMITED

⚰️Wound downdissolved
05295733 · private-limited-guarant-nsc · incorporated 2004-11-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: SIC 9262
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
  • 9272SIC 9272
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 70/100. 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 (58/100).

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth 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
90
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 (37 events)Click to expand
  1. 2010-06-08
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-06-08
    🏁
    Company dissolved
  3. 2010-02-23
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2010-02-10
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2009-11-30
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  6. 2009-11-30
    📍
    move-registers-to-sail-company
    address · AD03
  7. 2009-11-29
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  8. 2009-11-29
    📍
    change-sail-address-company
    address · AD02
  9. 2009-09-02
    📄
    accounts-with-made-up-date
    accounts · AA
  10. 2009-01-22
    📄
    accounts-with-made-up-date
    accounts · AA
  11. 2009-01-22
    📄
    legacy
    officers · 288b
  12. 2009-01-22
    📄
    legacy
    officers · 288a
  13. 2009-01-16
    WILLIAMS, Brian resigned
    director
  14. 2009-01-15
    AZAD, Harvinder Singh appointed
    director
  15. 2008-12-15
    📄
    legacy
    annual-return · 363a
  16. 2008-01-31
    📄
    accounts-with-made-up-date
    accounts · AA
  17. 2007-12-27
    📄
    legacy
    annual-return · 363a
  18. 2007-02-07
    📄
    accounts-with-made-up-date
    accounts · AA
  19. 2007-01-16
    📄
    legacy
    annual-return · 363a
  20. 2006-02-07
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2006-02-07
    📄
    accounts-with-made-up-date
    accounts · AA
  22. 2006-01-17
    📄
    legacy
    annual-return · 363s
  23. 2005-07-18
    📄
    legacy
    officers · 288a
  24. 2005-07-18
    📄
    legacy
    officers · 288b
  25. 2005-07-18
    📄
    legacy
    officers · 288a
  26. 2005-07-01
    AZAD, Glenys Ruth appointed
    secretary
  27. 2005-07-01
    AZAD, Harvinder Singh resigned
    director
  28. 2005-07-01
    WILLIAMS, Brian appointed
    director
  29. 2005-02-16
    📄
    legacy
    accounts · 225
  30. 2005-01-12
    📄
    legacy
    officers · 288a
  31. 2004-11-26
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  32. 2004-11-26
    AZAD, Harvinder Singh appointed
    director
  33. 2004-11-26
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  34. 2004-11-26
    📄
    legacy
    officers · 288b
  35. 2004-11-24
    🏢
    Company incorporated
    As SPORTREC WALES LIMITED
  36. 2004-11-24
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  37. 2004-11-24
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 17 years.
  • 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
high

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

Evidence: Dissolved on 2010-06-08

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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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
Typeprivate-limited-guarant-nsc
Incorporated2004-11-24
Jurisdictionengland-wales
Primary SIC9262 — SIC 9262

Registered office

10 Church Drive
Rhos On Sea
Colwyn Bay
Clwyd
LL28 4PB
Wales

Filing status

Accounts
Next due:
Last made up to: 2009-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

AZAD, Glenys Ruth
secretary · appointed 2005-07-01
View their other companies + combined net worth →
Active
AZAD, Harvinder Singh
director · ~57y · appointed 2009-01-15
View their other companies + combined net worth →
Active
FORM 10 SECRETARIES FD LTD
corporate-nominee-secretary · appointed 2004-11-24 · resigned 2004-11-26
Resigned
AZAD, Harvinder Singh
director · ~57y · appointed 2004-11-26 · resigned 2005-07-01
Resigned
WILLIAMS, Brian
director · ~58y · appointed 2005-07-01 · resigned 2009-01-16
Resigned
FORM 10 DIRECTORS FD LTD
corporate-nominee-director · appointed 2004-11-24 · resigned 2004-11-26
Resigned

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

Recent filings (27 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-06-08
gazette-notice-voluntary
gazette · GAZ1(A)
2010-02-23
dissolution-application-strike-off-company
dissolution · DS01
2010-02-10
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2009-11-30
move-registers-to-sail-company
address · AD03
2009-11-30
change-registered-office-address-company-with-date-old-address
address · AD01
2009-11-29
change-sail-address-company
address · AD02
2009-11-29
accounts-with-made-up-date
accounts · AA
2009-09-02
accounts-with-made-up-date
accounts · AA
2009-01-22
legacy
officers · 288b
2009-01-22
legacy
officers · 288a
2009-01-22
legacy
annual-return · 363a
2008-12-15
accounts-with-made-up-date
accounts · AA
2008-01-31
legacy
annual-return · 363a
2007-12-27
accounts-with-made-up-date
accounts · AA
2007-02-07