DRIVEME.NET LIMITED
⚰️Wound downdissolved
05320642 · ltd · incorporated 2004-12-23
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 16.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (53/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 16.5y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
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 (33 events)Click to expand
- 2023-08-20⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2023-08-20🏁Company dissolved
- 2023-05-20⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2023-02-07⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2022-01-24⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2021-01-08📄resolutionresolution · RESOLUTIONS
- 2021-01-08⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2021-01-08⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2020-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-20🔓Charge satisfied #1
- 2020-08-19📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2019-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-01-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-10-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 2004-12-23🏢Company incorporatedAs DRIVEME.NET LIMITED
- 2004-12-23➕EVANS, Paul appointedsecretary
- 2004-12-23➕DAVIES, Allan Joseph appointeddirector
- 2004-12-23➕DAVIES, Andrew Arthur appointeddirector
- 2004-12-23➕EVANS, Paul appointeddirector
- 2004-12-23➕GRAEME, Dorothy May appointednominee-secretary
- 2004-12-23➖GRAEME, Dorothy May resignednominee-secretary
- 2004-12-23➕GRAEME, Lesley Joyce appointednominee-director
- 2004-12-23➖GRAEME, Lesley Joyce resignednominee-director
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-08-20
6 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-08-20: gazette-dissolved-liquidation; 2023-05-20: liquidation-voluntary-creditors-return-of-final-meeting
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Evans Individual · British · DOB 08/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/07/2016 |
Mr Andrew Arthur Davies Individual · British · DOB 10/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/07/2016 |
Mr Allan Joseph Davies Individual · British · DOB 03/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/07/2016 |
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.
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|---|---|---|---|---|---|---|---|
| ALTA VITA EVENTS LTD→ 15885535 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| BIG FOOT EVENTS LIMITED→ 05421200 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
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| BOX SEAT RECORDS LIMITED→ 15528829 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2004-12-23
Jurisdictionengland-wales
Primary SIC93290 — Other amusement and recreation activities n.e.c.
Registered office
Ground Floor Seneca House
Links Point Amy Johnson Way
Blackpool
Lancashire
FY4 2FF
Filing status
Accounts
Next due: —
Last made up to: 2018-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
Active
DAVIES, Allan Joseph→
Activedirector · ~67y · appointed 2004-12-23
View their other companies + combined net worth →
DAVIES, Andrew Arthur→
Activedirector · ~65y · appointed 2004-12-23
View their other companies + combined net worth →
Active
GRAEME, Dorothy May→
Resignednominee-secretary · appointed 2004-12-23 · resigned 2004-12-23
GRAEME, Lesley Joyce→
Resignednominee-director · ~73y · appointed 2004-12-23 · resigned 2004-12-23
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 17/12/2009 | 20/08/2020 |
Recent filings (68 total)
gazette-dissolved-liquidation
gazette · GAZ2
2023-08-20
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2023-05-20
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2023-02-07
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2022-01-24
resolution
resolution · RESOLUTIONS
2021-01-08
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2021-01-08
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2021-01-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-13
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-20
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2020-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-29