1AB DURHAM LIMITED
Opportunity 61/100 (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 (73/100).
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
- • 1 gazette
- • 2 gazette
- • 1 dissolution
Corporate timeline (47 events)Click to expand
- 2026-03-31📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2026-03-31🏁Company dissolved
- 2026-01-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-01-06📄dissolution-application-strike-off-companydissolution · DS01
- 2025-10-09📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-10-09📄legacyaccounts · PARENT_ACC
- 2025-10-09📄legacyother · GUARANTEE2
- 2025-10-09📄legacyother · AGREEMENT2
- 2025-01-16📄accounts-amended-with-accounts-type-audit-exemption-subsiduaryaccounts · AAMD
- 2025-01-16📄legacyaccounts · PARENT_ACC
- 2025-01-16📄legacyother · AGREEMENT2
- 2025-01-06📄legacyother · GUARANTEE2
- 2025-01-04📄legacyother · GUARANTEE2
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-19➖RIMMER, Paul William resigneddirector
- 2024-04-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-13➖BAINBRIDGE, Christopher Parkin resigneddirector
- 2023-04-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-08➕RIMMER, Paul William appointeddirector
- 2022-08-01➕GARDNER, John Alan appointeddirector
- 2022-08-01➕HUNTER, David John appointeddirector
- 2022-08-01➖MASON, Christopher resigneddirector
- 2022-08-01➖RIMMER, Paul William resigneddirector
- 2022-07-27➖CRANG, Maurice Stewart resigneddirector
- 2022-07-27➖CRANG, Peter Andrew resigneddirector
- 2022-07-27➖MASON, Stuart Stanley resigneddirector
- 2021-06-18➖BARNES, Ann Kathleen resignedsecretary
- 2021-06-18➖BARNES, Ann Kathleen resigneddirector
- 2017-10-24➕CRANG, Maurice Stewart appointeddirector
- 2017-10-24➕MASON, Christopher appointeddirector
- 2017-10-24➕MASON, Stuart Stanley appointeddirector
- 2014-12-01➖CRANG, Maurice Stewart resigneddirector
- 2013-12-17🏢Company incorporatedAs 1AB DURHAM LIMITED
- 2013-12-17➕BARNES, Ann Kathleen appointedsecretary
- 2013-12-17➕BAINBRIDGE, Christopher Parkin appointeddirector
- 2013-12-17➕BARNES, Ann Kathleen appointeddirector
- 2013-12-17➕CRANG, Maurice Stewart appointeddirector
- 2013-12-17➕CRANG, Peter Andrew appointeddirector
- 2013-12-17➕HEIMAN, Osker appointeddirector
- 2013-12-17➖HEIMAN, Osker resigneddirector
- 2013-12-17➕RIMMER, Paul William appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-03-31
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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Officers (0 active · 11 resigned)
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