CRYSTAL PHARMA LIMITED

⚰️Wound downdissolved
05466577 · ltd · incorporated 2005-05-28
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
50/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 52/100. Strong seller-intent signal (88/100, director aged 66). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 19.7y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 19.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (58/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 2 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth 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
41
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 (47 events)Click to expand
  1. 2018-09-28
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2018-09-28
    🏁
    Company dissolved
  3. 2018-06-28
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · LIQ14
  4. 2018-06-28
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2017-11-30
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  6. 2017-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2017-11-13
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  8. 2017-08-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2017-08-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2017-08-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2017-08-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2017-08-11
    🔓
    Charge satisfied #3
  13. 2017-08-11
    🔓
    Charge satisfied #2
  14. 2017-08-11
    🔓
    Charge satisfied #1
  15. 2017-07-20
    STP REGISTRARS LIMITED resigned
    corporate-secretary
  16. 2016-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-07-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2016-07-08
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  19. 2016-07-07
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  20. 2016-07-07
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  21. 2015-10-14
    📄
    mortgage-charge-whole-release-with-charge-number
    mortgage · MR05
  22. 2015-10-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2015-07-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2014-10-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2014-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2014-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  27. 2014-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2014-06-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  29. 2013-10-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2011-10-19
    CRESCENT HILL LIMITED resigned
    corporate-secretary
  31. 2011-10-19
    STP REGISTRARS LIMITED appointed
    corporate-secretary
  32. 2007-08-08
    🔒
    Charge registered #3
    Lender: Eskmuir Properties Limited
  33. 2007-06-07
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  34. 2006-09-07
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  35. 2006-05-25
    KOTHARI, Jayashree resigned
    secretary
  36. 2006-05-25
    CRESCENT HILL LIMITED appointed
    corporate-secretary
  37. 2005-12-23
    KOTHARI, Hitesh resigned
    secretary
  38. 2005-12-23
    KOTHARI, Jayashree appointed
    secretary
  39. 2005-12-23
    VALJI, Naseen resigned
    director
  40. 2005-05-28
    🏢
    Company incorporated
    As CRYSTAL PHARMA LIMITED
  41. 2005-05-28
    KOTHARI, Hitesh Niranjan appointed
    director
  42. 2005-05-28
    KOTHARI, Hitesh appointed
    secretary
  43. 2005-05-28
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  44. 2005-05-28
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  45. 2005-05-28
    VALJI, Naseen appointed
    director
  46. 2005-05-28
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  47. 2005-05-28
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2018-09-28

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2018-09-28: gazette-dissolved-liquidation; 2018-06-28: liquidation-voluntary-creditors-return-of-final-meeting

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

Zeta Crystal Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Zeta Crystal Limited
Corporate parent · holds 75-100% shares
ultimate parent
CRYSTAL PHARMA LIMITED
This company · 05466577

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
Zeta Crystal Limited
Corporate entity
75100%
75-100% shares06/04/2016

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.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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.

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Company details

Statusdissolved
Typeltd
Incorporated2005-05-28
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

3 Field Court
London
WC1R 5EF

Filing status

Accounts
Next due:
Last made up to: 2015-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 7 resigned)

KOTHARI, Hitesh Niranjan
director · ~66y · appointed 2005-05-28
View their other companies + combined net worth →
Active
KOTHARI, Hitesh
secretary · appointed 2005-05-28 · resigned 2005-12-23
Resigned
KOTHARI, Jayashree
secretary · appointed 2005-12-23 · resigned 2006-05-25
Resigned
CRESCENT HILL LIMITED
corporate-secretary · appointed 2006-05-25 · resigned 2011-10-19
Resigned
STP REGISTRARS LIMITED
corporate-secretary · appointed 2011-10-19 · resigned 2017-07-20
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2005-05-28 · resigned 2005-05-28
Resigned
VALJI, Naseen
director · ~67y · appointed 2005-05-28 · resigned 2005-12-23
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2005-05-28 · resigned 2005-05-28
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Eskmuir Properties
Eskmuir Properties Limited
Deed of deposit1 property08/08/200711/08/2017
satisfied
NatWest Group
Rbs Invoice Finance Limited
Fixed and floating charge1 property07/06/200711/08/2017
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property07/09/200611/08/2017

Recent filings (63 total)

gazette-dissolved-liquidation
gazette · GAZ2
2018-09-28
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2018-06-28
resolution
resolution · RESOLUTIONS
2018-06-28
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2017-11-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-11-14
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2017-11-13
termination-secretary-company-with-name-termination-date
officers · TM02
2017-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2017-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2017-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2017-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2017-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-07-08
change-sail-address-company-with-old-address-new-address
address · AD02
2016-07-08
move-registers-to-registered-office-company-with-new-address
address · AD04
2016-07-07