CHPT3 LIMITED

⚰️Wound downliquidation
09405433 · ltd · incorporated 2015-01-26
Investment thesis
Company liquidation — 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 5.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
£62.9k
book net assets
Opportunity
38/100
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What this business does
Primary activity: Specialised design activities
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 38/100 (watch), bankability 25/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 5.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 5.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 12 with DOB)
88
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
38/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £62,948
Net assets shrinking
Down £49,244 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£63k
↓ 44% YoY
Current Assets
£632k
↑ 6.1% YoY
Current Liabilities
£0£126k£253k£379k£505k£632kDec 2022Dec 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2023-12-312022-12-31
Total assets£212.4k£291.1k
Current assets£631.7k£595.5k
Net assets£62.9k£112.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • 1 insolvency
Last 90 days
1
filing
  • 1 insolvency
Last 180 days
1
filing
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-04-08
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  2. 2025-01-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-01-31
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  4. 2025-01-31
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  5. 2025-01-31
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-09-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-09-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-08-31
    BARNES, Elen Ann resigned
    director
  10. 2024-08-31
    MILLAR, Frances resigned
    director
  11. 2024-02-08
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  12. 2024-01-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-01-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2024-01-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2024-01-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2022-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2022-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2022-12-02
    MCGILL, Alasdair Iain resigned
    director
  21. 2022-07-12
    📄
    capital-allotment-shares
    capital · SH01
  22. 2022-01-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2022-01-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-01-10
    CARNES, James Allan appointed
    director
  26. 2022-01-10
    MILLAR, Avril Chisholm resigned
    director
  27. 2022-01-10
    MILLAR, Frances appointed
    director
  28. 2021-10-28
    📄
    capital-allotment-shares
    capital · SH01
  29. 2021-05-12
    BARNES, Elen Ann appointed
    director
  30. 2021-04-26
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  31. 2021-02-28
    MILLS, Stephen Alexander Charles resigned
    director
  32. 2021-01-26
    MCGILL, Alasdair Iain appointed
    director
  33. 2020-08-13
    MILLAR, Avril Chisholm appointed
    secretary
  34. 2020-08-12
    MILLAR, David Paterson appointed
    director
  35. 2020-08-05
    BOLWELL, Paul James resigned
    director
  36. 2020-08-05
    DENTON, Peter resigned
    director
  37. 2020-08-04
    GAHAGAN, Michelle appointed
    director
  38. 2019-03-13
    DENTON, Peter appointed
    director
  39. 2019-01-24
    PEARCE, Richard Lloyd resigned
    director
  40. 2017-11-01
    BOLWELL, Paul James appointed
    director
  41. 2017-11-01
    MILLS, Stephen Alexander Charles appointed
    director
  42. 2016-02-22
    MILLAR, Frances resigned
    director
  43. 2015-01-26
    🏢
    Company incorporated
    As CHPT3 LIMITED
  44. 2015-01-26
    MILLAR, Avril Chisholm appointed
    director
  45. 2015-01-26
    MILLAR, Frances appointed
    director
  46. 2015-01-26
    PEARCE, Richard Lloyd 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 68 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-09-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-02-09

Company in liquidation
high

Company is actively being wound up. Not a going concern.

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-08: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2025-01-31: liquidation-voluntary-statement-of-affairs

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
David Paterson Millar
Individual · Scottish · DOB 01/1977 · age 49
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mr Mikkel Bethlowsky Rasmussen
Individual · Danish · DOB 09/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting28/01/2022
1 historic (ceased) PSC
  • Bethlowsky & Co Apsceased 28/01/2022· 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.

See pricing →

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

12 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

Statusliquidation
Typeltd
Incorporated2015-01-26
Jurisdictionengland-wales
Primary SIC74100 — Specialised design activities

Registered office

Frp Advisory Trading Limited, The Manor House
260 Ecclesall Road South
Sheffield
S11 9PS

Filing status

Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2025-02-09OVERDUE
Last: 2024-01-26

Officers (4 active · 9 resigned)

MILLAR, Avril Chisholm
secretary · appointed 2020-08-13
View their other companies + combined net worth →
Active
CARNES, James Allan
director · ~53y · appointed 2022-01-10
View their other companies + combined net worth →
Active
GAHAGAN, Michelle
director · ~68y · appointed 2020-08-04
View their other companies + combined net worth →
Active
MILLAR, David Paterson
director · ~49y · appointed 2020-08-12
View their other companies + combined net worth →
Active
BARNES, Elen Ann
director · ~43y · appointed 2021-05-12 · resigned 2024-08-31
Resigned
BOLWELL, Paul James
director · ~49y · appointed 2017-11-01 · resigned 2020-08-05
Resigned
DENTON, Peter
director · ~60y · appointed 2019-03-13 · resigned 2020-08-05
Resigned
MCGILL, Alasdair Iain
director · ~57y · appointed 2021-01-26 · resigned 2022-12-02
Resigned
MILLAR, Avril Chisholm
director · ~74y · appointed 2015-01-26 · resigned 2022-01-10
Resigned
MILLAR, Frances
director · ~49y · appointed 2022-01-10 · resigned 2024-08-31
Resigned
MILLAR, Frances
director · ~48y · appointed 2015-01-26 · resigned 2016-02-22
Resigned
MILLS, Stephen Alexander Charles
director · ~45y · appointed 2017-11-01 · resigned 2021-02-28
Resigned
PEARCE, Richard Lloyd
director · ~57y · appointed 2015-01-26 · resigned 2019-01-24
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
Barclays
Barclays Security Trustee Limited
A registered charge26/04/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2026-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-31
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2025-01-31
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-01-31
resolution
resolution · RESOLUTIONS
2025-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-18
termination-director-company-with-name-termination-date
officers · TM01
2024-09-18
termination-director-company-with-name-termination-date
officers · TM01
2024-09-17
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-02-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-03