SPEEDWELL ONE LIMITED

⚰️Wound downdissolved
09501992 · ltd · incorporated 2015-03-20
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 11.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2020
Net worth
£-402
book net assets
Opportunity
63/100
Worth a look
🔔
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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 63/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 11.1y

50/100
clean up first

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

  • · Oldest live charge is 11.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
20 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
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £402
Net assets shrinking
Down £502 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£402
↓ 502% YoY
Current Assets
£71k
↑ 3.2% YoY
Current Liabilities
-£402£14k£28k£43k£57k£71kMar 2019Mar 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-03-312019-03-31
Total assets£-402£100
Current assets£71.3k£69.1k
Cash£955
Debtors£71.3k£68.1k
Net assets£-402£100

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
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. 2021-04-13
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2021-04-13
    🏁
    Company dissolved
  3. 2021-01-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-01-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2020-06-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2019-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-03-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2019-03-04
    🔓
    Charge satisfied #2
  9. 2018-09-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2018-09-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-09-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-08-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2018-08-07
    🔓
    Charge satisfied #1
  14. 2018-08-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2018-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-07-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2018-07-27
    ELLIS, Simon Paul appointed
    director
  18. 2018-07-27
    GROSJEAN, Cedric Alain Marie resigned
    director
  19. 2018-07-27
    🔒
    Charge registered #2
    Lender: Zorin Finance Limited
  20. 2018-06-26
    📄
    legacy
    miscellaneous · RP04CS01
  21. 2018-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2016-05-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2016-05-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2016-03-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2015-06-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2015-06-10
    🔒
    Charge registered #1
    Lender: Cedric Grosjean
  28. 2015-03-20
    🏢
    Company incorporated
    As SPEEDWELL ONE LIMITED
  29. 2015-03-20
    HUGHES, Bradley Simon appointed
    director
  30. 2015-03-20
    GROSJEAN, Cedric Alain Marie appointed
    director
  31. 2015-03-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +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

51/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 2021-04-13

Group structure

Crossman Land Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Crossman Land Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SPEEDWELL ONE LIMITED
This company · 09501992

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Crossman Land Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/06/2018
1 historic (ceased) PSC
  • Mr Cedric Alain Marie Grosjeanceased 11/06/2018· 50-75% 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

7 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
Incorporated2015-03-20
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

1b Mile End
London Road
Bath
BA1 6PT
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2020-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

ELLIS, Simon Paul
director · ~61y · appointed 2018-07-27
View their other companies + combined net worth →
Active
HUGHES, Bradley Simon
director · ~48y · appointed 2015-03-20
View their other companies + combined net worth →
Active
GROSJEAN, Cedric Alain Marie
director · ~56y · appointed 2015-03-20 · resigned 2018-07-27
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Zorin Finance / P2P Global Investments
Zorin Finance Limited / P2P Global Investments PLC
A registered charge1 property27/07/201804/03/2019
satisfied
Cedric Grosjean
A registered charge1 property10/06/201507/08/2018

Recent filings (25 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-04-13
gazette-notice-voluntary
gazette · GAZ1(A)
2021-01-26
dissolution-application-strike-off-company
dissolution · DS01
2021-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-13
confirmation-statement-with-updates
confirmation-statement · CS01
2019-04-03
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-09-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-09-05
mortgage-satisfy-charge-full
mortgage · MR04
2018-08-07
appoint-person-director-company-with-name-date
officers · AP01
2018-08-06
termination-director-company-with-name-termination-date
officers · TM01
2018-08-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-07-30