PROJECT ROME LIMITED

⚰️Wound downdissolved
08880701 · ltd · incorporated 2014-02-06
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 6.4y old — refinance window within 12 months
🔒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: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 75/100. 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 6.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
48 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
75
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 (31 events)Click to expand
  1. 2024-09-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-09-24
    🏁
    Company dissolved
  3. 2024-07-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2024-06-28
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2024-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-07-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-02-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-10-21
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2022-10-14
    📄
    capital-return-purchase-own-shares
    capital · SH03
  12. 2022-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-08-31
    PRINGLE, Simon resigned
    director
  14. 2022-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-07-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2021-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-11-18
    📄
    memorandum-articles
    incorporation · MA
  18. 2020-11-18
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2020-11-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-11-06
    📄
    capital-allotment-shares
    capital · SH01
  21. 2020-11-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2020-11-05
    FARRAR, Michael appointed
    director
  23. 2020-11-05
    PUENTE, Alison Margaret appointed
    director
  24. 2020-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2020-02-26
    📄
    capital-allotment-shares
    capital · SH01
  26. 2020-02-25
    🔒
    Charge registered #1
    Lender: Handelsbanken PLC
  27. 2017-02-22
    SCHOFIELD, Kevin resigned
    director
  28. 2015-03-13
    MILNER, Karl John Richard appointed
    director
  29. 2014-02-06
    🏢
    Company incorporated
    As PROJECT ROME LIMITED
  30. 2014-02-06
    PRINGLE, Simon appointed
    director
  31. 2014-02-06
    SCHOFIELD, Kevin appointed
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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 2024-09-24

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Karl John Richard Milner
Individual · British · DOB 12/1967 · age 59
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Simon Pringleceased 06/07/2022· 25-50% shares · 25-50% voting

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.

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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.

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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2014-02-06
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Platform
New Station Street
Leeds
West Yorkshire
LS1 4JB
England

Filing status

Accounts
Next due:
Last made up to: 2024-03-31
Confirmation statement
Next due:
Last: 2024-02-06

Officers (0 active · 2 resigned)

FARRAR, Michael
director · ~66y · appointed 2020-11-05
View their other companies + combined net worth →
Active
MILNER, Karl John Richard
director · ~59y · appointed 2015-03-13
View their other companies + combined net worth →
Active
PUENTE, Alison Margaret
director · ~53y · appointed 2020-11-05
View their other companies + combined net worth →
Active
PRINGLE, Simon
director · ~54y · appointed 2014-02-06 · resigned 2022-08-31
Resigned
SCHOFIELD, Kevin
director · ~65y · appointed 2014-02-06 · resigned 2017-02-22
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property25/02/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (48 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-09-24
gazette-notice-voluntary
gazette · GAZ1(A)
2024-07-09
dissolution-application-strike-off-company
dissolution · DS01
2024-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
change-person-director-company-with-change-date
officers · CH01
2023-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-09
capital-cancellation-shares
capital · SH06
2022-10-21
capital-return-purchase-own-shares
capital · SH03
2022-10-14
termination-director-company-with-name-termination-date
officers · TM01
2022-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-08