FUTURE TECH (WALES) LIMITED

⚰️Wound downdissolved
07364263 · ltd · incorporated 2010-09-02
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
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 47640
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 69). 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 (65/100).

Data confidence

Overall: low (51/100)

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
11 connected companies via shared directors
78
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
80
Strong succession / seller-readiness signals.
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 (16 events)Click to expand
  1. 2015-01-13
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-01-13
    🏁
    Company dissolved
  3. 2014-09-30
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2014-09-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2014-06-11
    📄
    accounts-with-made-up-date
    accounts · AA
  6. 2013-09-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2013-06-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2012-09-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2012-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2011-09-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2010-09-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2010-09-02
    🏢
    Company incorporated
    As FUTURE TECH (WALES) LIMITED
  13. 2010-09-02
    BOURKE, Michael Palmer appointed
    secretary
  14. 2010-09-02
    HILL, John Arthur appointed
    director
  15. 2010-09-02
    WOODS, Darren appointed
    director
  16. 2010-09-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2015-01-13

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated2010-09-02
Jurisdictionwales
Primary SIC47640 — SIC 47640

Registered office

34 Ogmore Drive
Porthcawl
Mid Glamorgan
CF36 3HR

Filing status

Accounts
Next due:
Last made up to: 2013-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

BOURKE, Michael Palmer
secretary · appointed 2010-09-02
View their other companies + combined net worth →
Active
HILL, John Arthur
director · ~69y · appointed 2010-09-02
View their other companies + combined net worth →
Active
WOODS, Darren
director · ~61y · appointed 2010-09-02
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-voluntary
gazette · GAZ2(A)
2015-01-13
gazette-notice-voluntary
gazette · GAZ1(A)
2014-09-30
dissolution-application-strike-off-company
dissolution · DS01
2014-09-23
accounts-with-made-up-date
accounts · AA
2014-06-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-09-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-06-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-09-27
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-05-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-09-27
change-person-director-company-with-change-date
officers · CH01
2010-09-18
incorporation-company
incorporation · NEWINC
2010-09-02