15869604 LTD

⚰️Wound downdissolved
15869604 · ltd · incorporated 2024-08-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window opening · high confidence
More negotiable than before — 5 signals weakening over the last 30 days.
  • · Lifecycle stage: startup → wound-down
  • · Company status: active → dissolved
  • · Opportunity score: 66 → 49
  • · Deal-killer verdict: complicated → high-friction
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 5 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 5 negative signals vs 0 positive.

  • Lifecycle stage: startupwound-down
  • Company status: activedissolved
  • Deal-killer verdict: complicatedhigh-friction
  • Opportunity score: 6649
  • Bankability: 6560
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Aug 2025
Net worth
book net assets
Opportunity
49/100
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 49/100 (watch), bankability 60/100. 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 (58/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 3 gazette
Last 180 days
7
filings
  • 3 gazette
  • 3 address
  • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-06-09
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2026-06-09
    🏁
    Company dissolved
  3. 2026-05-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2026-03-18
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  6. 2026-03-18
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  7. 2026-03-18
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  8. 2026-03-10
    📄
    miscellaneous
    miscellaneous · MISC
  9. 2025-12-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2025-12-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-12-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-12-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2025-12-29
    MACPHERSON, Lowri Grace appointed
    director
  14. 2025-12-29
    ZENG, Xiangzhe resigned
    director
  15. 2025-11-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2025-09-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2025-09-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2025-09-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2025-09-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2025-09-14
    GU, Vivien resigned
    director
  21. 2025-09-14
    ZENG, Xiangzhe appointed
    director
  22. 2025-04-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2025-04-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  24. 2025-04-15
    GU, Vivien appointed
    director
  25. 2025-01-07
    📄
    legacy
    miscellaneous · ANNOTATION
  26. 2025-01-07
    📄
    legacy
    miscellaneous · ANNOTATION
  27. 2024-12-30
    TIAN, Christiana resigned
    director
  28. 2024-12-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2024-12-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  30. 2024-12-11
    DU, Moria resigned
    director
  31. 2024-12-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2024-12-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  33. 2024-12-10
    TIAN, Christiana appointed
    director
  34. 2024-08-01
    🏢
    Company incorporated
    As 15869604 LTD
  35. 2024-08-01
    DU, Moria appointed
    director

Owner dependency

80/100
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.
  • +Young company: Only 1.9 years old — management layer unlikely to be developed.

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

1 high · 1 med · 1 low
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-06-09

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GU, Vivien resigned 2025-09-14; ZENG, Xiangzhe resigned 2025-12-29

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Lowri Grace Macpherson
Individual · English · DOB 11/2006 · age 20
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/12/2025
4 historic (ceased) PSCs
  • Mr Xiangzhe Zengceased 29/12/2025· 75-100% shares · 75-100% voting · board control
  • Mrs Vivien Guceased 14/09/2025· 75-100% shares · 75-100% voting · board control
  • Ms Christiana Tianceased 30/12/2024· 75-100% shares · 75-100% voting · board control
  • Mrs Moria Duceased 11/12/2024· 75-100% shares · 75-100% voting · board control

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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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 →
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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
Incorporated2024-08-01
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

15869604 - COMPANIES HOUSE DEFAULT ADDRESS
Cardiff
CF14 8LH

Filing status

Accounts
Next due:
Last made up to: 2025-08-31
Confirmation statement
Next due:
Last: 2025-07-31

Officers (0 active · 4 resigned)

MACPHERSON, Lowri Grace
director · ~20y · appointed 2025-12-29
View their other companies + combined net worth →
Active
DU, Moria
director · ~32y · appointed 2024-08-01 · resigned 2024-12-11
Resigned
GU, Vivien
director · ~34y · appointed 2025-04-15 · resigned 2025-09-14
Resigned
TIAN, Christiana
director · ~28y · appointed 2024-12-10 · resigned 2024-12-30
Resigned
ZENG, Xiangzhe
director · ~37y · appointed 2025-09-14 · resigned 2025-12-29
Resigned

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

Recent filings (29 total)

gazette-dissolved-compulsory
gazette · GAZ2
2026-06-09
gazette-notice-compulsory
gazette · GAZ1
2026-05-05
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
default-companies-house-service-address-applied-psc
address · RP10
2026-03-18
default-companies-house-service-address-applied-officer
address · RP09
2026-03-18
default-companies-house-registered-office-address-applied
address · RP05
2026-03-18
miscellaneous
miscellaneous · MISC
2026-03-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-31
appoint-person-director-company-with-name-date
officers · AP01
2025-12-31
termination-director-company-with-name-termination-date
officers · TM01
2025-12-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-30
accounts-with-accounts-type-dormant
accounts · AA
2025-11-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-17
appoint-person-director-company-with-name-date
officers · AP01
2025-09-16
termination-director-company-with-name-termination-date
officers · TM01
2025-09-15