12WM LIMITED

⚰️Wound downdissolved
16202415 · ltd · incorporated 2025-01-22
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
not disclosed
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), 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 (73/100).

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
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.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
4
filings
  • 2 gazette
  • 1 dissolution
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-05-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2026-05-05
    🏁
    Company dissolved
  3. 2026-02-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2026-02-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-01-22
    🏢
    Company incorporated
    As 12WM LIMITED
  6. 2025-01-22
    COLMAN, Joel Benjamin appointed
    director
  7. 2025-01-22
    EVANS, Jacqueline appointed
    director
  8. 2025-01-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Young company: Only 1.4 years old — management layer unlikely to be developed.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 2026-05-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joel Benjamin Colman
Individual · British · DOB 05/1994 · age 32
75100%
75–100%75-100% shares · 75-100% voting22/01/2025

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusdissolved
Typeltd
Incorporated2025-01-22
Jurisdictionengland-wales
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

C/O Glx
69-75 Thorpe Road
Norwich
Norfolk
NR1 1UA
England

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last: 2026-01-21

Officers (0 active · 0 resigned)

COLMAN, Joel Benjamin
director · ~32y · appointed 2025-01-22
View their other companies + combined net worth →
Active
EVANS, Jacqueline
director · ~61y · appointed 2025-01-22
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-05-05
gazette-notice-voluntary
gazette · GAZ1(A)
2026-02-17
dissolution-application-strike-off-company
dissolution · DS01
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
incorporation-company
incorporation · NEWINC
2025-01-22