555 RETAIL LTD

⚰️Wound downliquidation
13354998 · ltd · incorporated 2021-04-23
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 Apr 2023
Net worth
£25.2k
book net assets
Opportunity
36/100
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What this business does
Primary activity: Retail sale of footwear in specialised stores
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 36/100 (watch), 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.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.0y

40/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Charge age ~3.0 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
36/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £25,205
Cash YoY
+20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£105k
↑ 20% YoY
Net Worth
£25k
↑ 56% YoY
Current Assets
£1.9m
↑ 8.0% YoY
Current Liabilities
£0£385k£769k£1.2m£1.5m£1.9mApr 2022Apr 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-04-302022-04-30
Total assets£25.2k£16.2k
Current assets£1.92M£1.78M
Cash£105.5k£87.8k
Debtors£239.4k£147.4k
Net assets£25.2k£16.2k

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 (24 events)Click to expand
  1. 2025-08-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-08-12
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  3. 2025-08-12
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2025-08-12
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-06-21
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  6. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-08-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-08-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-08-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-05-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-05-17
    🔒
    Charge registered #2
    Lender: Matthew David Norton Haycox
  13. 2023-07-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2023-05-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-05-26
    🔒
    Charge registered #1
    Lender: Daniel Charles Buck
  16. 2023-05-01
    THOMSON, Stephen Alistair appointed
    director
  17. 2023-05-01
    BUCK, Daniel Charles resigned
    director
  18. 2022-08-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2022-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-07-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  21. 2022-07-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  22. 2021-04-23
    🏢
    Company incorporated
    As 555 RETAIL LTD
  23. 2021-04-23
    BUCK, Daniel Charles appointed
    director
  24. 2021-04-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • 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: 2025-01-31

Confirmation statement overdue
high

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

Evidence: Next due: 2025-05-06

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: 2025-08-12: liquidation-voluntary-statement-of-affairs; 2025-08-12: liquidation-voluntary-appointment-of-liquidator

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Alistair Thomson
Individual · British · DOB 09/1958 · age 68
75100%
75–100%75-100% shares · 75-100% voting01/05/2023
1 historic (ceased) PSC
  • Mr Daniel Charles Buckceased 01/05/2023· 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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🔒Tailored diligence questions

13 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

Statusliquidation
Typeltd
Incorporated2021-04-23
Jurisdictionengland-wales
Primary SIC47721 — Retail sale of footwear in specialised stores

Registered office

Floor 2 10 Wellington Place
Leeds
LS1 4AP

Filing status

Accounts
Next due: 2025-01-31OVERDUE
Last made up to: 2023-04-30
Confirmation statement
Next due: 2025-05-06OVERDUE
Last: 2024-04-22

Officers (1 active · 1 resigned)

THOMSON, Stephen Alistair
director · ~68y · appointed 2023-05-01
View their other companies + combined net worth →
Active
BUCK, Daniel Charles
director · ~58y · appointed 2021-04-23 · resigned 2023-05-01
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Matthew David Norton Haycox
A registered charge17/05/2024
outstanding
Daniel Charles Buck
A registered charge26/05/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-12
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2025-08-12
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-08-12
resolution
resolution · RESOLUTIONS
2025-08-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-06-21
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-05
appoint-person-director-company-with-name-date
officers · AP01
2024-08-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-05
termination-director-company-with-name-termination-date
officers · TM01
2024-08-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-13