05637438 LIMITED
- · Oldest live charge 20.1y old — refinance window within 12 months
Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (65/100, director aged 62). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.
Refinance opportunity
2 live charges · oldest 20.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 20.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (46/100)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 (30 events)Click to expand
- 2014-02-05⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2014-02-04📄restoration-order-of-courtrestoration · AC92
- 2014-02-04✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2013-08-22⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-05-22⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2013-02-27⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-08-31⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-02-27⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-08-24⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2011-03-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-09-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2009-08-17⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2009-08-10⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2009-08-10⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2009-04-20⚠️liquidation-in-administration-result-creditors-meetinginsolvency · 2.23B
- 2009-03-28⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2009-02-08📍legacyaddress · 287
- 2009-02-05⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2007-12-12📄legacyannual-return · 363a
- 2007-09-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-06-15📄legacyaccounts · 225
- 2006-12-13📄legacyannual-return · 363s
- 2006-10-26📍legacyaddress · 287
- 2006-03-03📄legacymortgage · 395
- 2006-03-03📄legacymortgage · 395
- 2006-03-01🔒Charge registered #2Lender: Aib Group (UK) PLC
- 2006-03-01🔒Charge registered #1Lender: Aib Group (UK) PLC
- 2005-11-28🏢Company incorporatedAs 05637438 LIMITED
- 2005-11-28➕COPE, Nicola appointedsecretary
- 2005-11-28➕COPE, Paul Anthony appointeddirector
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 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2009-01-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-12-12
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-02-05: liquidation-in-administration-move-to-creditors-voluntary-liquidation; 2013-08-22: gazette-dissolved-liquidation
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12 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aib Group (UK) Aib Group (UK) PLC | Mortgage debenture | 1 property | 01/03/2006 | — | |
| outstanding | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 01/03/2006 | — |