CHEERS OFF LICENCE LIMITED

⚰️Wound downdissolved
06906049 · ltd · incorporated 2009-05-14
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 5225
Sector: Transportation & storage
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: share sale to pe / searcher (58/100).

Data confidence

Overall: low (45/100)

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
11 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 (15 events)Click to expand
  1. 2012-09-18
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2012-09-18
    🏁
    Company dissolved
  3. 2012-06-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2011-06-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  5. 2011-06-22
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  6. 2011-06-22
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2011-02-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2010-07-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2010-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2009-07-17
    📄
    legacy
    officers · 288c
  11. 2009-07-13
    📄
    legacy
    officers · 288c
  12. 2009-05-14
    🏢
    Company incorporated
    As CHEERS OFF LICENCE LIMITED
  13. 2009-05-14
    HUGHES, Stephen John appointed
    secretary
  14. 2009-05-14
    PANGLI, Karamjit appointed
    director
  15. 2009-05-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 17 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusdissolved
Typeltd
Incorporated2009-05-14
Jurisdictionengland-wales
Primary SIC5225 — SIC 5225

Registered office

13 Spencer Street
Leamington Spa
Warwickshire
CV31 3NE
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2010-05-31
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

HUGHES, Stephen John
secretary · appointed 2009-05-14
View their other companies + combined net worth →
Active
PANGLI, Karamjit
director · ~57y · appointed 2009-05-14
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

gazette-dissolved-compulsory
gazette · GAZ2
2012-09-18
gazette-notice-compulsory
gazette · GAZ1
2012-06-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-06-22
change-registered-office-address-company-with-date-old-address
address · AD01
2011-06-22
change-person-secretary-company-with-change-date
officers · CH03
2011-06-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-02-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-30
change-person-director-company-with-change-date
officers · CH01
2010-07-30
legacy
officers · 288c
2009-07-17
legacy
officers · 288c
2009-07-13
incorporation-company
incorporation · NEWINC
2009-05-14