TRADITIONAL MARKET LIMITED
Opportunity 46/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (45/100). Current lenders should be on monthly review.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (34 events)Click to expand
- 2021-12-22⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2021-12-22🏁Company dissolved
- 2021-09-22⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2021-07-26⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2020-09-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2019-07-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-07-15⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2019-07-15⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2019-07-15📄resolutionresolution · RESOLUTIONS
- 2019-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-26📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2015-08-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-09-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-09-25📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2013-07-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-29📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2013-07-29📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-06-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-09➕SIMONIM, Oliver appointeddirector
- 2009-12-09➖HUGHES, Gordon Keith resigneddirector
- 2009-11-11➕HUGHES, Gordon Keith appointeddirector
- 2009-11-11➖SIMONIM, Oliver resigneddirector
- 2005-07-22➕SINCLAIR SECRETARIAL SERVICES LTD appointedcorporate-secretary
- 2005-07-22➕SIMONIM, Oliver appointeddirector
- 2005-07-20➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2005-07-20➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2005-07-19🏢Company incorporatedAs TRADITIONAL MARKET LIMITED
- 2005-07-19➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2005-07-19➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2021-12-22
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-12-22: gazette-dissolved-liquidation; 2021-09-22: liquidation-voluntary-creditors-return-of-final-meeting
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Olivier Simonim Individual · French · DOB 12/1977 · age 49 | 75–100% | — | 75-100% shares | 19/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Officers (0 active · 4 resigned)
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