PAT'S GREETING CARDS LTD

⚰️Wound downdissolved
11012749 · ltd · incorporated 2017-10-13
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (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: medium (57/100)

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
Confirmed no charges registered
85
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
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (25 events)Click to expand
  1. 2025-03-25
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2025-03-25
    🏁
    Company dissolved
  3. 2025-01-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-10-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-09-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-03-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-03-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-01-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-11-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-12-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-10-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-01-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-12-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2018-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-01-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2017-11-03
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2017-11-03
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  20. 2017-10-17
    ALLEN, Norman Ronald appointed
    director
  21. 2017-10-13
    🏢
    Company incorporated
    As PAT'S GREETING CARDS LTD
  22. 2017-10-13
    ALLEN, Julie Anne appointed
    director
  23. 2017-10-13
    VALAITIS, Peter Anthony appointed
    director
  24. 2017-10-13
    VALAITIS, Peter Anthony resigned
    director
  25. 2017-10-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01

Owner dependency

81/100
Critical — business is the founder

The 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 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 2025-03-25

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Julie Anne Allen
Individual · British · DOB 05/1957 · age 69
sig. influencesignificant influence01/01/2018
1 historic (ceased) PSC
  • Mr Peter Valaitisceased 13/10/2017· 75-100% shares · board control

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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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 →
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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
Incorporated2017-10-13
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

5 Westgate Street
Launceston
PL15 7AA
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2023-10-31
Confirmation statement
Next due:
Last: 2023-10-12

Officers (0 active · 1 resigned)

ALLEN, Julie Anne
director · ~69y · appointed 2017-10-13
View their other companies + combined net worth →
Active
ALLEN, Norman Ronald
director · ~74y · appointed 2017-10-17
View their other companies + combined net worth →
Active
VALAITIS, Peter Anthony
director · ~76y · appointed 2017-10-13 · resigned 2017-10-13
Resigned

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

Recent filings (26 total)

gazette-dissolved-compulsory
gazette · GAZ2
2025-03-25
gazette-notice-compulsory
gazette · GAZ1
2025-01-07
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-12
gazette-notice-compulsory
gazette · GAZ1
2024-09-10
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-02
accounts-with-accounts-type-dormant
accounts · AA
2024-03-01
gazette-notice-compulsory
gazette · GAZ1
2024-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-22
accounts-with-accounts-type-dormant
accounts · AA
2022-11-22
accounts-with-accounts-type-dormant
accounts · AA
2021-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-28
accounts-with-accounts-type-dormant
accounts · AA
2021-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-24
accounts-with-accounts-type-dormant
accounts · AA
2020-10-01