MANGANESE LEE LIMITED

⚰️Wound downdissolved
NI699458 · ltd · incorporated 2023-07-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Jul 2024
Net worth
—
book net assets
Opportunity
51/100
Worth a look
🔔
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What this business does
Primary activity: SIC 13923
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 51/100 (worth a look), bankability 65/100. 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 (69/100)

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
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth 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
50
Some acquirability indicators.
Risk profile
64
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
Metric2024-07-31

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-01-20
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2026-01-20
    🏁
    Company dissolved
  3. 2025-11-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-09-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2025-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-08-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-06-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-06-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2025-04-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2025-04-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2025-03-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2025-02-11
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  14. 2025-02-11
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  15. 2025-02-11
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  16. 2025-02-11
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  17. 2024-10-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2024-10-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2024-10-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2024-10-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2024-09-01
    ➕
    GURD, Chelsea Jade appointed
    secretary
  22. 2024-09-01
    ➖
    GURD, Chelsea Jade resigned
    secretary
  23. 2024-09-01
    ➕
    GURD, Chelsea appointed
    secretary
  24. 2024-09-01
    ➖
    GURD, Chelsea resigned
    secretary
  25. 2024-08-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  26. 2024-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  27. 2024-08-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2024-08-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2024-07-01
    ➕
    MOUNSOR-SHAW, Jane Mary appointed
    secretary
  30. 2024-07-01
    ➖
    MOUNSOR-SHAW, Jane Mary resigned
    secretary
  31. 2023-09-22
    ➕
    FARRELL, Tracy appointed
    director
  32. 2023-09-22
    ➖
    FARRELL, Tracy resigned
    director
  33. 2023-09-21
    ➖
    LI, Meng resigned
    director
  34. 2023-07-21
    🏢
    Company incorporated
    As MANGANESE LEE LIMITED
  35. 2023-07-21
    ➕
    LI, Meng appointed
    director
  36. 2023-07-21
    ➕
    CHRISTIE, Kacey Cameron appointed
    director
  37. 2023-07-21
    ➖
    CHRISTIE, Kacey Cameron resigned
    director
  38. 2023-07-21
    ➕
    LI, Meng appointed
    director
  39. 2023-07-21
    ➕
    LI, Meng appointed
    director
  40. 2023-07-21
    ➖
    LI, Meng resigned
    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 3.0 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 low
Company dissolved
high

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

Evidence: Dissolved on 2026-01-20

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
Meng Li
Individual · Chinese · DOB 03/1988 · age 38
75–100%
75–100%board control75-100% shares · 75-100% voting · board control21/07/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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

Statusdissolved
Typeltd
Incorporated2023-07-21
Jurisdictionnorthern-ireland
Primary SIC13923 — SIC 13923

Registered office

44a Frances Street
Newtownards
BT23 7DN
Northern Ireland

Filing status

Accounts
Next due: —
Last made up to: 2024-07-31
Confirmation statement
Next due: —
Last: 2024-08-17

Officers (0 active · 7 resigned)

LI, Meng→
director · ~38y · appointed 2023-07-21
View their other companies + combined net worth →
Active
GURD, Chelsea Jade→
secretary · appointed 2024-09-01 · resigned 2024-09-01
Resigned
GURD, Chelsea→
secretary · appointed 2024-09-01 · resigned 2024-09-01
Resigned
MOUNSOR-SHAW, Jane Mary→
secretary · appointed 2024-07-01 · resigned 2024-07-01
Resigned
CHRISTIE, Kacey Cameron→
director · ~24y · appointed 2023-07-21 · resigned 2023-07-21
Resigned
FARRELL, Tracy→
director · ~55y · appointed 2023-09-22 · resigned 2023-09-22
Resigned
LI, Meng→
director · ~38y · appointed 2023-07-21 · resigned 2023-09-21
Resigned
LI, Meng→
director · ~38y · appointed 2023-07-21 · resigned 2023-07-21
Resigned

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

Recent filings (31 total)

gazette-dissolved-compulsory
gazette · GAZ2
2026-01-20
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-22
termination-director-company-with-name-termination-date
officers · TM01
2025-08-20
appoint-person-director-company-with-name-date
officers · AP01
2025-08-19
termination-director-company-with-name-termination-date
officers · TM01
2025-06-30
appoint-person-director-company-with-name-date
officers · AP01
2025-06-27
accounts-with-accounts-type-dormant
accounts · AA
2025-06-05
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-03
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
default-companies-house-service-address-applied-officer
address · RP09
2025-02-11
default-companies-house-service-address-applied-officer
address · RP09
2025-02-11
default-companies-house-service-address-applied-officer
address · RP09
2025-02-11
default-companies-house-registered-office-address-applied
address · RP05
2025-02-11