ONBOARD RAIL SYSTEMS LIMITED

⚰️Wound downdissolved
06359803 · ltd · incorporated 2007-09-04
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 3161
Sector: Manufacturing
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: strategic trade sale (63/100).

Data confidence

Overall: low (48/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
20 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 (25 events)Click to expand
  1. 2012-09-18
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-09-18
    🏁
    Company dissolved
  3. 2012-06-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-05-25
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-05-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2011-09-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2011-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2011-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2011-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2011-07-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2011-06-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2010-09-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2010-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2010-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2009-09-17
    📄
    legacy
    annual-return · 363a
  16. 2009-09-17
    📄
    legacy
    officers · 288c
  17. 2009-06-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2008-10-06
    📄
    legacy
    annual-return · 363a
  19. 2008-05-13
    📍
    legacy
    address · 287
  20. 2007-10-21
    📄
    legacy
    capital · 88(2)R
  21. 2007-09-04
    🏢
    Company incorporated
    As ONBOARD RAIL SYSTEMS LIMITED
  22. 2007-09-04
    CHADA, Aran appointed
    secretary
  23. 2007-09-04
    CHADA, Aran appointed
    director
  24. 2007-09-04
    CHADA, Konrad appointed
    director
  25. 2007-09-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 19 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 2012-09-18

🔒Co-director network graph

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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
Typeltd
Incorporated2007-09-04
Jurisdictionengland-wales
Primary SIC3161 — SIC 3161

Registered office

Edward House Grange Business Park
Whetstone
Leicester
Leicestershire
LE8 6EP
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2011-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

CHADA, Aran
secretary · appointed 2007-09-04
View their other companies + combined net worth →
Active
CHADA, Aran
director · ~56y · appointed 2007-09-04
View their other companies + combined net worth →
Active
CHADA, Konrad
director · ~52y · appointed 2007-09-04
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-09-18
gazette-notice-voluntary
gazette · GAZ1(A)
2012-06-05
dissolution-application-strike-off-company
dissolution · DS01
2012-05-25
accounts-with-accounts-type-dormant
accounts · AA
2012-05-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-09-23
change-person-director-company-with-change-date
officers · CH01
2011-09-23
change-person-director-company-with-change-date
officers · CH01
2011-07-04
change-person-director-company-with-change-date
officers · CH01
2011-07-04
change-person-secretary-company-with-change-date
officers · CH03
2011-07-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-06-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-23
change-person-director-company-with-change-date
officers · CH01
2010-09-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-06-30
legacy
annual-return · 363a
2009-09-17
legacy
officers · 288c
2009-09-17