THISTLE HOLDCO LIMITED
🏛️Establishedactive
13342897 · ltd · incorporated 2021-04-19
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 65/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 5.0y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~5.0 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (8 active, 10 linked, 9 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
38 connected companies via shared directors
90
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 2 officers
- • 1 accounts
Last 180 days
3
filings
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-03-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2026-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-19➕TINNING, Murray John appointeddirector
- 2026-03-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-12➖AINLEY, Harvey Bertenshaw resigneddirector
- 2025-10-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-13🔒Charge registered #3Lender: Santander UK PLC as Security Agent
- 2025-06-26📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-05-13📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2025-05-07📄accounts-with-accounts-type-groupaccounts · AA
- 2025-03-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-01-14📄capital-alter-shares-subdivisioncapital · SH02
- 2025-01-13📄capital-name-of-class-of-sharescapital · SH08
- 2024-11-27📄accounts-with-accounts-type-groupaccounts · AA
- 2024-10-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-25➕KUMARAVEL, Vigneshwar appointeddirector
- 2024-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-09🔒Charge registered #2Lender: Santander UK PLC as Security Agent
- 2024-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-26➖KEEGANS, Peter resigneddirector
- 2024-03-28➕RICHARDSON, Jeremy Robert Arthur appointeddirector
- 2024-03-28➕AINLEY, Harvey Bertenshaw appointeddirector
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-04-19📄accounts-amended-with-accounts-type-groupaccounts · AAMD
- 2023-04-11📄accounts-with-accounts-type-groupaccounts · AA
- 2023-03-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-26📄capital-allotment-sharescapital · SH01
- 2022-08-12📄resolutionresolution · RESOLUTIONS
- 2021-07-15➕OAKWOOD CORPORATE SECRETARY LIMITED appointedcorporate-secretary
- 2021-06-01➕ABOUCHALACHE, Fady Michel appointeddirector
- 2021-06-01➕GOHEER, Usman Aziz appointeddirector
- 2021-06-01➕HANS, Jagdeep Singh, Dr appointeddirector
- 2021-06-01➕KEEGANS, Peter appointeddirector
- 2021-06-01🔒Charge registered #1Lender: Santander UK PLC (As Security Agent)
- 2021-04-19🏢Company incorporatedAs THISTLE HOLDCO LIMITED
- 2021-04-19➕DIB, Joseph Patrick appointeddirector
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -7 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-02
🔒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 →Similar companies
Active · Holding company · WA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 12-18 GREENOCK MEWS RTM COMPANY LIMITED→ 12956401 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 138 WITHINGTON ROAD MANAGEMENT COMPANY LIMITED→ 05579702 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 14-17 CAGES CLOSE (WHITSTABLE) RESIDENTS COMPANY LIMITED→ 08822988 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 1620 CAPITAL LIMITED→ 16958000 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 17 MARJORIE GROVE LIMITED→ 11390261 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 174 LIMITED→ 02210923 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| 197 WITHINGTON ROAD MANAGEMENT COMPANY LIMITED→ 04932675 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 2 RECYCLING HOLDINGS LIMITED→ 11582386 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 24 CHARLWOOD STREET LIMITED→ 06761614 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 24 SUSSEX STREET SW1 LIMITED→ 15828088 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 24-7 CUMBRIA LIMITED→ 16718317 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24-7 EAST ENGLAND LIMITED→ 16717983 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusactive
Typeltd
Incorporated2021-04-19
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
3rd Floor 1 Ashley Road
Altrincham
Cheshire
WA14 2DT
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-05-02OVERDUE
Last: 2025-04-18
Officers (8 active · 2 resigned)
OAKWOOD CORPORATE SECRETARY LIMITED→
Activecorporate-secretary · appointed 2021-07-15
View their other companies + combined net worth →
ABOUCHALACHE, Fady Michel→
Activedirector · ~62y · appointed 2021-06-01
View their other companies + combined net worth →
DIB, Joseph Patrick→
Activedirector · ~46y · appointed 2021-04-19
View their other companies + combined net worth →
GOHEER, Usman Aziz→
Activedirector · ~44y · appointed 2021-06-01
View their other companies + combined net worth →
HANS, Jagdeep Singh, Dr→
Activedirector · ~38y · appointed 2021-06-01
View their other companies + combined net worth →
KUMARAVEL, Vigneshwar→
Activedirector · ~35y · appointed 2024-09-25
View their other companies + combined net worth →
RICHARDSON, Jeremy Robert Arthur→
Activedirector · ~56y · appointed 2024-03-28
View their other companies + combined net worth →
TINNING, Murray John→
Activedirector · ~41y · appointed 2026-03-19
View their other companies + combined net worth →
AINLEY, Harvey Bertenshaw→
Resigneddirector · ~60y · appointed 2024-03-28 · resigned 2026-03-12
KEEGANS, Peter→
Resigneddirector · ~66y · appointed 2021-06-01 · resigned 2024-07-26
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC as Security Agent | A registered charge | 1 property | 13/10/2025 | — | |
| outstanding | Santander Santander UK PLC as Security Agent | A registered charge | 1 property | 09/09/2024 | — | |
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 01/06/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (50 total)
change-account-reference-date-company-current-shortened
accounts · AA01
2026-03-30
appoint-person-director-company-with-name-date
officers · AP01
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-14
change-account-reference-date-company-previous-extended
accounts · AA01
2025-06-26
second-filing-capital-allotment-shares
capital · RP04SH01
2025-05-13
accounts-with-accounts-type-group
accounts · AA
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-27
capital-alter-shares-subdivision
capital · SH02
2025-01-14
capital-name-of-class-of-shares
capital · SH08
2025-01-13
accounts-with-accounts-type-group
accounts · AA
2024-11-27
appoint-person-director-company-with-name-date
officers · AP01
2024-10-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-12
termination-director-company-with-name-termination-date
officers · TM01
2024-08-19