PLOUGH FIDELITY LTD

⚰️Wound downliquidation
13248467 · ltd · incorporated 2021-03-05
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Mar 2023
Net worth
£224.7k
book net assets
Opportunity
31/100
Pass
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 31/100 (pass), bankability 20/100. 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.

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
31/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £224,667

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£225k
↑ 366% YoY
Current Assets
£109k
↑ 127% YoY
Current Liabilities
£0£45k£90k£135k£180k£225kMar 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-03-312022-03-31
Total assets£224.7k£48.3k
Current assets£109.4k£48.2k
Net assets£224.7k£48.3k

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

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 (15 events)Click to expand
  1. 2025-06-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-06-23
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  3. 2025-06-23
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2025-06-23
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-10-24
    GLENDINNING, Paul Richard resigned
    director
  8. 2023-10-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-07-14
    GLENDINNING, Paul Richard appointed
    director
  11. 2021-07-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-07-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-03-05
    🏢
    Company incorporated
    As PLOUGH FIDELITY LTD
  14. 2021-03-05
    DYER, John Paul appointed
    director
  15. 2021-03-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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: 2025-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-18

Company in liquidation
high

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

2 insolvency-related filings on record
high

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

Evidence: 2025-06-23: liquidation-voluntary-statement-of-affairs; 2025-06-23: liquidation-voluntary-appointment-of-liquidator

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Paul Dyer
Individual · British · DOB 06/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/03/2021

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
Incorporated2021-03-05
Jurisdictionengland-wales
Primary SIC55100 — Hotels and similar accommodation

Registered office

Dalton House, 1
Hawksworth Street
Ilkley
West Yorkshire
LS29 9DU

Filing status

Accounts
Next due: 2025-03-31OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2026-03-18OVERDUE
Last: 2025-03-04

Officers (1 active · 1 resigned)

DYER, John Paul
director · ~49y · appointed 2021-03-05
View their other companies + combined net worth →
Active
GLENDINNING, Paul Richard
director · ~56y · appointed 2021-07-14 · resigned 2023-10-24
Resigned

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

Recent filings (15 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-23
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2025-06-23
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-06-23
resolution
resolution · RESOLUTIONS
2025-06-23
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
termination-director-company-with-name-termination-date
officers · TM01
2023-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17
appoint-person-director-company-with-name-date
officers · AP01
2021-07-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-14
incorporation-company
incorporation · NEWINC
2021-03-05