THORNSETT CENTRAL LIMITED
⚰️Wound downdissolved
08417827 · ltd · incorporated 2013-02-25
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 67). 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).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 12.2y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (61/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (27 events)Click to expand
- 2022-05-17📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2022-05-17🏁Company dissolved
- 2022-01-13📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2021-12-07📄gazette-notice-voluntarygazette · GAZ1(A)
- 2021-11-24📄dissolution-application-strike-off-companydissolution · DS01
- 2020-02-04📄accounts-with-accounts-type-smallaccounts · AA
- 2019-02-06📄accounts-with-accounts-type-smallaccounts · AA
- 2018-03-20📄accounts-with-accounts-type-smallaccounts · AA
- 2018-02-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-02-27🔓Charge satisfied #1
- 2017-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-09-21🔒Charge registered #2Lender: Oaknorth Bank Limited
- 2017-02-02📄accounts-with-accounts-type-fullaccounts · AA
- 2016-03-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-02-09📄accounts-with-accounts-type-fullaccounts · AA
- 2015-03-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-01📄accounts-with-accounts-type-fullaccounts · AA
- 2014-03-17📄mortgage-create-with-deed-with-charge-numbermortgage · MR01
- 2014-03-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-03-12📄appoint-person-secretary-company-with-nameofficers · AP03
- 2014-03-10🔒Charge registered #1Lender: Titlestone Property Lending Limited
- 2013-04-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2013-02-25🏢Company incorporatedAs THORNSETT CENTRAL LIMITED
- 2013-02-25➕CUNNINGHAM, Gerard appointedsecretary
- 2013-02-25➕CUNNINGHAM, Bernadette Marie appointeddirector
- 2013-02-25➕CUNNINGHAM, Gerard appointeddirector
- 2013-02-25📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. 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 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-05-17
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gerard Cunningham Individual · Irish · DOB 01/1959 · age 67 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Construction · WC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABODE FIRST DEVELOPMENT LIMITED→ 11210917 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ABODE PROPERTY MAINTENANCE LTD→ 17066722 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABPHIA FARMS LIMITED→ 14169368 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABR WOODCRAFT LIMITED→ 06954764 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ABRAJ ALNAEEM TECHNICAL SERVICES LTD→ 16782755 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE SUCCESS (UK) LIMITED→ 09009540 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABU CONSTRUCTION & RENOVATION LTD→ 16868771 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABUNDANT GRACESTONE HOLDINGS LTD→ 16817933 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AC & PN GLOBAL LIMITED→ 15852148 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AC BUILDING IMPROVEMENTS LIMITED→ 15507782 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AC ELITE SCAFFOLDING LIMITED→ 15851289 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACADEMY SERVICES (NORWICH) LIMITED→ 05485678 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
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 →🔒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
Incorporated2013-02-25
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
34 Margery Street
London
WC1X 0JJ
Filing status
Accounts
Next due: —
Last made up to: 2019-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 0 resigned)
CUNNINGHAM, Gerard→
Activesecretary · appointed 2013-02-25
View their other companies + combined net worth →
CUNNINGHAM, Bernadette Marie→
Activedirector · ~56y · appointed 2013-02-25
View their other companies + combined net worth →
CUNNINGHAM, Gerard→
Activedirector · ~67y · appointed 2013-02-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | OakNorth Oaknorth Bank Limited | A registered charge | 2 properties | 21/09/2017 | — | |
| satisfied | Titlestone Property Lending Titlestone Property Lending Limited | A registered charge | 1 property | 10/03/2014 | 27/02/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2022-01-13
gazette-notice-voluntary
gazette · GAZ1(A)
2021-12-07
dissolution-application-strike-off-company
dissolution · DS01
2021-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-03
accounts-with-accounts-type-small
accounts · AA
2020-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-11
accounts-with-accounts-type-small
accounts · AA
2019-02-06
accounts-with-accounts-type-small
accounts · AA
2018-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-03-07
mortgage-satisfy-charge-full
mortgage · MR04
2018-02-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2017-03-14