PENNYGOLD LIMITED

⚰️Wound downdissolved
11991631 · ltd · incorporated 2019-05-13
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
60/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (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 (65/100).

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
Confirmed no charges registered
85
Directors & officers
10 officers (6 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
75
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 (38 events)Click to expand
  1. 2024-03-19
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-03-19
    🏁
    Company dissolved
  3. 2024-01-02
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2023-12-22
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2023-12-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-08-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-08-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-05-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2022-11-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-11-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2022-11-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-02-14
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  13. 2022-02-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2021-03-31
    PIERCE, Richard Donald Foster appointed
    secretary
  15. 2021-03-31
    DEETH, Adam John resigned
    secretary
  16. 2021-03-31
    DEETH, Adam John resigned
    director
  17. 2021-03-31
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2021-03-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2021-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2021-02-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2020-11-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2020-11-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  24. 2020-11-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2020-11-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2020-11-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  27. 2020-10-19
    DEETH, Adam John appointed
    secretary
  28. 2020-10-19
    DEETH, Adam John appointed
    director
  29. 2020-10-09
    AZAD, Harvinder Singh resigned
    secretary
  30. 2020-10-09
    AZAD, Harvinder Singh resigned
    director
  31. 2020-05-01
    PIERCE, Charles Oliver Thomas appointed
    director
  32. 2020-05-01
    PIERCE, Jamie Anthony Graham appointed
    director
  33. 2020-05-01
    PIERCE, Lesley appointed
    director
  34. 2020-05-01
    PIERCE, Richard Donald Foster appointed
    director
  35. 2020-05-01
    PIERCE, Richard Thomas Henry appointed
    director
  36. 2019-08-12
    AZAD, Harvinder Singh appointed
    secretary
  37. 2019-05-13
    🏢
    Company incorporated
    As PENNYGOLD LIMITED
  38. 2019-05-13
    AZAD, Harvinder Singh appointed
    director

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.

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 2024-03-19

Group structure

Foster Pierce Group Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Foster Pierce Group Limited
Corporate parent
PENNYGOLD LIMITED
This company · 11991631

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Foster Pierce Group Limited
Corporate entity
sig. influencesignificant influence01/08/2019
1 historic (ceased) PSC
  • Mr Harvinder Azadceased 01/08/2019· 75-100% shares

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

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
Incorporated2019-05-13
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2021-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

PIERCE, Richard Donald Foster
secretary · appointed 2021-03-31
View their other companies + combined net worth →
Active
PIERCE, Charles Oliver Thomas
director · ~36y · appointed 2020-05-01
View their other companies + combined net worth →
Active
PIERCE, Jamie Anthony Graham
director · ~50y · appointed 2020-05-01
View their other companies + combined net worth →
Active
PIERCE, Lesley
director · ~69y · appointed 2020-05-01
View their other companies + combined net worth →
Active
PIERCE, Richard Donald Foster
director · ~39y · appointed 2020-05-01
View their other companies + combined net worth →
Active
PIERCE, Richard Thomas Henry
director · ~72y · appointed 2020-05-01
View their other companies + combined net worth →
Active
AZAD, Harvinder Singh
secretary · appointed 2019-08-12 · resigned 2020-10-09
Resigned
DEETH, Adam John
secretary · appointed 2020-10-19 · resigned 2021-03-31
Resigned
AZAD, Harvinder Singh
director · ~57y · appointed 2019-05-13 · resigned 2020-10-09
Resigned
DEETH, Adam John
director · ~57y · appointed 2020-10-19 · resigned 2021-03-31
Resigned

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

Recent filings (44 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-03-19
gazette-notice-voluntary
gazette · GAZ1(A)
2024-01-02
dissolution-application-strike-off-company
dissolution · DS01
2023-12-22
gazette-notice-compulsory
gazette · GAZ1
2023-12-05
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-02
gazette-notice-compulsory
gazette · GAZ1
2023-08-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-05-26
accounts-with-accounts-type-dormant
accounts · AA
2022-11-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-11-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-02-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-15