NEW SATELLITE INITIATIVE LIMITED

⚰️Wound downdissolved
06528260 · ltd · incorporated 2008-03-08
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
47/100
Watch
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What this business does
Primary activity: SIC 6420
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 47/100 (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 (63/100). Current lenders should be on monthly review.

Data confidence

Overall: low (49/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
47/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
65
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
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 (32 events)Click to expand
  1. 2012-12-24
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2012-12-24
    🏁
    Company dissolved
  3. 2012-09-24
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · 4.71
  4. 2011-11-14
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  5. 2011-11-11
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  6. 2011-11-11
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2011-11-11
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · 4.70
  8. 2011-10-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2011-03-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2010-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2010-03-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2010-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2009-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2009-03-12
    📄
    legacy
    annual-return · 363a
  15. 2008-09-17
    📄
    legacy
    capital · 88(2)
  16. 2008-09-17
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2008-09-16
    📍
    legacy
    address · 287
  18. 2008-09-16
    📄
    legacy
    officers · 288b
  19. 2008-09-16
    📄
    legacy
    officers · 288b
  20. 2008-09-16
    📄
    legacy
    officers · 288a
  21. 2008-09-16
    📄
    legacy
    officers · 288a
  22. 2008-09-16
    📄
    legacy
    officers · 288a
  23. 2008-09-09
    📄
    legacy
    capital · 122
  24. 2008-08-29
    URQUHART, Graham Kenneth appointed
    secretary
  25. 2008-08-29
    ANGIER, Patrick Robert appointed
    director
  26. 2008-08-29
    TOTTLE, Christopher John Warnford appointed
    director
  27. 2008-08-29
    PHILSEC LIMITED resigned
    corporate-secretary
  28. 2008-08-29
    MEAUJO INCORPORATIONS LIMITED resigned
    corporate-director
  29. 2008-03-08
    🏢
    Company incorporated
    As NEW SATELLITE INITIATIVE LIMITED
  30. 2008-03-08
    PHILSEC LIMITED appointed
    corporate-secretary
  31. 2008-03-08
    MEAUJO INCORPORATIONS LIMITED appointed
    corporate-director
  32. 2008-03-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 18 years — deep operational knowledge concentrated in one person.

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 18 years.
  • secondaryStable-but-static management: Company is 18 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
high

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

Evidence: Dissolved on 2012-12-24

4 insolvency-related filings on record
high

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

Evidence: 2012-12-24: gazette-dissolved-liquidation; 2012-09-24: liquidation-voluntary-members-return-of-final-meeting

🔒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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🔒Tailored diligence questions

9 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.

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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
Incorporated2008-03-08
Jurisdictionengland-wales
Primary SIC6420 — SIC 6420

Registered office

Hart Shaw Building Europa Link
Sheffield Business Park
Sheffield
South Yorkshire
S9 1XU

Filing status

Accounts
Next due:
Last made up to: 2011-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

URQUHART, Graham Kenneth
secretary · appointed 2008-08-29
View their other companies + combined net worth →
Active
ANGIER, Patrick Robert
director · ~57y · appointed 2008-08-29
View their other companies + combined net worth →
Active
TOTTLE, Christopher John Warnford
director · ~54y · appointed 2008-08-29
View their other companies + combined net worth →
Active
PHILSEC LIMITED
corporate-secretary · appointed 2008-03-08 · resigned 2008-08-29
Resigned
MEAUJO INCORPORATIONS LIMITED
corporate-director · appointed 2008-03-08 · resigned 2008-08-29
Resigned

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

Recent filings (23 total)

gazette-dissolved-liquidation
gazette · GAZ2
2012-12-24
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2012-09-24
change-registered-office-address-company-with-date-old-address
address · AD01
2011-11-14
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2011-11-11
resolution
resolution · RESOLUTIONS
2011-11-11
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2011-11-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-10-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-09-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-03-11
change-person-director-company-with-change-date
officers · CH01
2010-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-12-03
legacy
annual-return · 363a
2009-03-12
legacy
capital · 88(2)
2008-09-17
resolution
resolution · RESOLUTIONS
2008-09-17