EM2020 REALISATIONS LIMITED
⚰️Wound downliquidation
SC024081 · ltd · incorporated 1946-04-27
Investment thesis
Company liquidation — 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
38/100
Watch
What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 38/100 (watch), bankability 12/100. 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: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
35 live charges · 6 lenders · oldest 35.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 35.5 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
Data confidence
Overall: medium (61/100)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
35 charges (35/35 with lender, 35/35 with type)
90
Directors & officers
33 officers (5 active, 33 linked, 29 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
380 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
38/100Watch
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
85
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (146 events)Click to expand
- 2025-05-27⚠️liquidation-in-administration-court-order-ending-administration-scotland-2insolvency · AM25(Scot)
- 2025-05-27⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2025-05-23⚠️liquidation-compulsory-notice-winding-up-order-court-scotlandinsolvency · WU01(Scot)
- 2024-11-11⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2024-11-05⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2024-08-20⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2024-05-23⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2023-11-15⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2023-11-01⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2023-05-31⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2022-11-11⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2022-10-21⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2022-09-23⚠️liquidation-administration-insufficient-property-scotlandinsolvency · 2.32B(Scot)
- 2022-05-24⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2022-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-01-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-01➖DAY, Lauren Sarah resigneddirector
- 2021-11-26⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2021-10-04📄resolutionresolution · RESOLUTIONS
- 2021-10-04✏️change-of-name-noticechange-of-name · CONNOT
- 2021-10-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-10-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-06-07⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2020-10-16➖HOUSTON, David Oliver resigneddirector
- 2020-08-31➖ANDERSON, Jason Mark resigneddirector
- 2019-06-07➖EDMONDS, Robert Neil resigneddirector
- 2019-03-29🔓Charge satisfied #33
- 2019-03-29🔓Charge satisfied #32
- 2019-03-11🔒Charge registered #35Lender: Barclays Bank PLC (As Security Agent for the Secured Parties)
- 2019-03-11🔒Charge registered #34Lender: Barclays Bank PLC as Security Agent for the Secured Parties
- 2017-11-24➖DAY, Philip Edward resigneddirector
- 2017-08-21➕EDMONDS, Robert Neil appointeddirector
- 2017-06-01➖LEE, Kristian Brian resigneddirector
- 2016-06-24➕DAY, Lauren Sarah appointeddirector
- 2015-09-01➕SIMPSON, Stephen Robert appointeddirector
- 2014-07-14➕ANDERSON, Jason Mark appointeddirector
- 2014-06-24🔓Charge satisfied #24
- 2014-01-01➕HEBDITCH, Mark Lee appointeddirector
- 2012-08-01🔓Charge satisfied #29
- 2012-08-01🔓Charge satisfied #28
- 2012-08-01🔓Charge satisfied #30
- 2012-08-01🔓Charge satisfied #27
- 2012-08-01🔓Charge satisfied #26
- 2012-08-01🔓Charge satisfied #25
- 2012-08-01🔓Charge satisfied #23
- 2012-03-01➕HOUSTON, David Oliver appointeddirector
- 2012-02-20➖HOUSTON, David Oliver resigneddirector
Showing most recent 50 of 146 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 80 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2021-02-28
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2021-04-27
Company in liquidation
highCompany is actively being wound up. Not a going concern.
16 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-05-27: liquidation-in-administration-court-order-ending-administration-scotland-2; 2025-05-27: liquidation-in-administration-progress-report-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Banbury Street Six Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Banbury Street Six Limited
Corporate parent · holds 75-100% shares · board control
⬇
EM2020 REALISATIONS LIMITED
This company · SC024081
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Banbury Street Six Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/11/2021 |
2 historic (ceased) PSCs
- Ewm (2011) Limitedceased 19/11/2021· 75-100% shares · 75-100% voting
- Ewm (Topco) Limitedceased 02/06/2021· 75-100% shares · 75-100% voting · firm interest
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 →Similar companies
Active · Retail · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAPSULE CORP 7TH UNIVERSE LIMITED→ SC817841 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARD MRKT LIMITED→ SC690036 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CARESTARZ LIMITED→ SC668508 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CARETTA PILATES LTD→ SC880034 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CARIBBEAN PARLOUR LIMITED→ SC700558 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CARRICK KNOWE GROCER LTD→ SC832727 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CATALOG LTD→ SC411462 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CAW HOLDINGS LTD→ SC844775 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CCP RETAIL LIMITED→ SC773539 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CELTIC TRADITIONS LTD→ SC708008 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CEYLONIAL CORPORATION LTD→ SC865858 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHAHAL OFFSALE LTD→ SC521611 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
12 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
Statusliquidation
Typeltd
Incorporated1946-04-27
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores
Registered office
C/O FRP ADVISORY TRADING LIMITED
Apex 3 95 Haymarket Terrace
Edinburgh
EH12 5HD
Filing status
Accounts
Next due: 2021-02-28OVERDUE
Last made up to: 2019-03-02
Confirmation statement
Next due: 2021-04-27OVERDUE
Last: 2020-03-16
Officers (5 active · 28 resigned)
Active
HEBDITCH, Mark Lee→
Activedirector · ~63y · appointed 2014-01-01
View their other companies + combined net worth →
HERRING, John Anthony→
Activedirector · ~69y · appointed 2005-06-03
View their other companies + combined net worth →
LEIGH, Carmel→
Activedirector · ~64y · appointed 2005-04-08
View their other companies + combined net worth →
SIMPSON, Stephen Robert→
Activedirector · ~58y · appointed 2015-09-01
View their other companies + combined net worth →
DUNBAR, Jennifer Mary→
Resignedsecretary · resigned 2001-05-31
AINSLIE, James Thomas Heard→
Resigneddirector · ~90y · resigned 1997-04-17
ANDERSON, Jason Mark→
Resigneddirector · ~55y · appointed 2014-07-14 · resigned 2020-08-31
BIRRELL, Colin→
Resigneddirector · ~71y · appointed 1993-04-22 · resigned 2001-07-25
CAMPBELL, Malcolm→
Resigneddirector · resigned 1990-11-26
CARTWRIGHT, Paul Ian→
Resigneddirector · ~65y · appointed 2001-07-25 · resigned 2002-11-14
DAY, Lauren Sarah→
Resigneddirector · ~36y · appointed 2016-06-24 · resigned 2021-12-01
DAY, Philip Edward→
Resigneddirector · ~61y · appointed 2001-07-25 · resigned 2017-11-24
DOCHERTY, Aidan→
Resigneddirector · ~61y · appointed 2001-07-25 · resigned 2002-11-14
EDMONDS, Robert Neil→
Resigneddirector · ~61y · appointed 2017-08-21 · resigned 2019-06-07
ELLIOT, John Johnstone→
Resigneddirector · ~79y · resigned 2000-04-07
GERRARD, Paul John→
Resigneddirector · ~62y · appointed 2005-04-08 · resigned 2011-05-17
HODKINSON, James Clifford→
Resigneddirector · ~82y · appointed 2004-03-05 · resigned 2005-02-14
HOUSTON, David Oliver→
Resigneddirector · ~73y · appointed 2012-03-01 · resigned 2020-10-16
HOUSTON, David Oliver→
Resigneddirector · ~73y · appointed 1999-12-15 · resigned 2012-02-20
Click a director name to see their full track record across all companies.
Mortgages & charges
35
Total charges
2
Outstanding
1
Active lenders
Status:Lender:35 of 35 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC (As Security Agent for the Secured Parties) | A registered charge | 1 property | 11/03/2019 | — | |
| outstanding | Barclays Barclays Bank PLC as Security Agent for the Secured Parties | A registered charge | 1 property | 11/03/2019 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 25/07/2011 | 29/03/2019 | |
| satisfied | Barclays Barclays Bank PLC | Bond & floating charge | 1 property | 22/07/2011 | 29/03/2019 | |
| satisfied | Barclays Barclays Bank PLC | Fixed and floating security | 1 property | 28/10/2009 | 12/08/2011 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 15/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 15/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 07/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 07/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 07/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 07/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 07/11/2006 | 24/06/2014 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 07/11/2006 | 01/08/2012 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 13/09/2006 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 25/07/2006 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 25/07/2006 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 23/03/2005 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 23/03/2005 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 23/03/2005 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 23/03/2005 | 06/11/2006 | |
| satisfied | Barclays Barclays Bank PLC as Security Trustee | Floating charge | 1 property | 25/02/2005 | 16/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 23/12/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 23/12/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/12/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/12/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 15/11/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 15/11/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 15/11/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 02/08/2001 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 02/08/2001 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 02/08/2001 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/08/2001 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 25/07/2001 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 23/03/1993 | 16/12/1996 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 12/11/1990 | 13/12/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (380 total)
liquidation-in-administration-court-order-ending-administration-scotland-2
insolvency · AM25(Scot)
2025-05-27
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2025-05-27
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2025-05-23
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2024-11-11
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2024-11-05
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2024-08-20
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2024-05-23
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2023-11-15
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2023-11-01
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2023-05-31
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2022-11-11
liquidation-in-administration-extension-of-period-scotland
insolvency · AM19(Scot)
2022-10-21
liquidation-administration-insufficient-property-scotland
insolvency · 2.32B(Scot)
2022-09-23
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2022-05-24
change-person-director-company-with-change-date
officers · CH01
2022-01-28