TECHCEL LIMITED
⚰️Wound downdissolved
07232572 · ltd · incorporated 2010-04-22
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
53/100
Worth a look
What this business does
Primary activity: SIC 17120
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 42/100. Strong seller-intent signal (75/100, director aged 61). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 12.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 12.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
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 (41 events)Click to expand
- 2022-06-23⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2022-06-23🏁Company dissolved
- 2022-03-23⚠️liquidation-in-administration-move-to-dissolutioninsolvency · AM23
- 2022-03-22⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2021-10-19⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2021-09-15⚠️liquidation-in-administration-extension-of-periodinsolvency · AM19
- 2021-04-07⚠️liquidation-in-administration-appointment-of-a-replacement-or-additional-administratorinsolvency · AM11
- 2021-04-07⚠️liquidation-in-administration-removal-of-administrator-from-officeinsolvency · AM16
- 2021-04-06⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2020-11-03⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2020-07-04⚠️liquidation-in-administration-extension-of-periodinsolvency · AM19
- 2020-04-29⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2019-11-22⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · AM02
- 2019-11-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-08🔓Charge satisfied #2
- 2019-10-23⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · AM06
- 2019-10-11⚠️liquidation-in-administration-proposalsinsolvency · AM03
- 2019-10-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-01⚠️liquidation-in-administration-appointment-of-administratorinsolvency · AM01
- 2019-07-19📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2019-07-19📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2019-06-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-02-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-02-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-12-06➖ANDREWS, Robin Paul resigneddirector
- 2018-11-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-21➕ANDREWS, Robin Paul appointeddirector
- 2017-08-18➖BRECKIN, Alan Leslie resigneddirector
- 2017-04-27🔓Charge satisfied #1
- 2017-03-28🔒Charge registered #3Lender: Hsbc Bank PLC
- 2017-03-28🔒Charge registered #2Lender: Hsbc Asset Finance (UK) LTD
- 2014-03-28🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank)
- 2013-06-11➕BRECKIN, Alan Leslie appointeddirector
- 2013-01-25➕SAMUEL, Susan Anne appointeddirector
- 2010-07-09➕SAMUEL, Nigel Huw appointeddirector
- 2010-07-09➖HALLIWELL, Mark resigneddirector
- 2010-07-09➖HALLIWELLS DIRECTORS LIMITED resignedcorporate-director
- 2010-04-22🏢Company incorporatedAs TECHCEL LIMITED
- 2010-04-22➕HALLIWELL, Mark appointeddirector
- 2010-04-22➕HALLIWELLS DIRECTORS LIMITED appointedcorporate-director
Owner dependency
84/100
Critical — business is the founderThe 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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-06-23
15 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-06-23: gazette-dissolved-liquidation; 2022-03-23: liquidation-in-administration-move-to-dissolution
Group structure
Sidcot Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sidcot Group Ltd
Corporate parent · holds 75-100% shares · board control
⬇
TECHCEL LIMITED
This company · 07232572
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sidcot Group Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Nigel Huw Samuelceased 06/04/2016· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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.
See pricing →🔒Advanced scoring suite
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
Statusdissolved
Typeltd
Incorporated2010-04-22
Jurisdictionengland-wales
Primary SIC17120 — SIC 17120
Registered office
C/O Kpmg Llp
1 St. Peters Square
Manchester
M2 3AE
Filing status
Accounts
Next due: —
Last made up to: 2017-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
SAMUEL, Nigel Huw→
Activedirector · ~61y · appointed 2010-07-09
View their other companies + combined net worth →
SAMUEL, Susan Anne→
Activedirector · ~61y · appointed 2013-01-25
View their other companies + combined net worth →
ANDREWS, Robin Paul→
Resigneddirector · ~73y · appointed 2017-08-21 · resigned 2018-12-06
BRECKIN, Alan Leslie→
Resigneddirector · ~69y · appointed 2013-06-11 · resigned 2017-08-18
HALLIWELL, Mark→
Resigneddirector · ~65y · appointed 2010-04-22 · resigned 2010-07-09
HALLIWELLS DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2010-04-22 · resigned 2010-07-09
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 28/03/2017 | — | |
| satisfied | HSBC Hsbc Asset Finance (UK) LTD / Hsbc Equipment Finance (UK) LTD | A registered charge | — | 28/03/2017 | 08/11/2019 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) | A registered charge | 1 property | 28/03/2014 | 27/04/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (59 total)
gazette-dissolved-liquidation
gazette · GAZ2
2022-06-23
liquidation-in-administration-move-to-dissolution
insolvency · AM23
2022-03-23
liquidation-in-administration-progress-report
insolvency · AM10
2022-03-22
liquidation-in-administration-progress-report
insolvency · AM10
2021-10-19
liquidation-in-administration-extension-of-period
insolvency · AM19
2021-09-15
liquidation-in-administration-appointment-of-a-replacement-or-additional-administrator
insolvency · AM11
2021-04-07
liquidation-in-administration-removal-of-administrator-from-office
insolvency · AM16
2021-04-07
liquidation-in-administration-progress-report
insolvency · AM10
2021-04-06
liquidation-in-administration-progress-report
insolvency · AM10
2020-11-03
liquidation-in-administration-extension-of-period
insolvency · AM19
2020-07-04
liquidation-in-administration-progress-report
insolvency · AM10
2020-04-29
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2019-11-22
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-08
liquidation-administration-notice-deemed-approval-of-proposals
insolvency · AM06
2019-10-23
liquidation-in-administration-proposals
insolvency · AM03
2019-10-11