PERNIX UK PROPERTY INCOME (LP) LIMITED

⚰️Wound downdissolved
12240696 · ltd · incorporated 2019-10-03
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
year to Dec 2024
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does

Likely a dormant shell or holding vehicle established to facilitate UK property income activities through a limited partnership structure, with no evidence of active trading — it filed only dormant accounts before being voluntarily dissolved in 2024.

Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
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: strategic trade sale (73/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
19 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
3
filings
  • 2 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-12
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2026-05-12
    🏁
    Company dissolved
  3. 2026-02-24
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2026-02-17
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-07-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-06-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-06-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-06-15
    DINSDALE, James Sebastian appointed
    director
  12. 2022-06-15
    PERCIVAL, John Martyn appointed
    director
  13. 2022-01-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-05-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-11-18
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  16. 2019-10-03
    🏢
    Company incorporated
    As PERNIX UK PROPERTY INCOME (LP) LIMITED
  17. 2019-10-03
    CADMAN, Giles Dearing appointed
    director
  18. 2019-10-03
    📄
    incorporation-company
    incorporation · NEWINC

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
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.

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 2026-05-12

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Giles Dearing Cadman
Individual · British · DOB 10/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/10/2019

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

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.

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Company details

Statusdissolved
Typeltd
Incorporated2019-10-03
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

1-4 South Lodge Offices 100 Wellingborough Road
Ecton
Northampton
Northamptonshire
NN6 0QR
England

Filing status

Accounts
Next due:
Last made up to: 2024-12-31
Confirmation statement
Next due:
Last: 2025-10-02

Officers (0 active · 0 resigned)

CADMAN, Giles Dearing
director · ~57y · appointed 2019-10-03
View their other companies + combined net worth →
Active
DINSDALE, James Sebastian
director · ~60y · appointed 2022-06-15
View their other companies + combined net worth →
Active
PERCIVAL, John Martyn
director · ~60y · appointed 2022-06-15
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-05-12
gazette-notice-voluntary
gazette · GAZ1(A)
2026-02-24
dissolution-application-strike-off-company
dissolution · DS01
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-dormant
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
accounts-with-accounts-type-dormant
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-dormant
accounts · AA
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-dormant
accounts · AA
2022-09-16
appoint-person-director-company-with-name-date
officers · AP01
2022-06-21
appoint-person-director-company-with-name-date
officers · AP01
2022-06-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-13