HBJ 351 LIMITED
⚰️Wound downdissolved
SC174999 · ltd · incorporated 1997-04-30
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
—
year to Jan 2025
Net worth
£79
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 52/100. Strong seller-intent signal (78/100, director aged 69). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 29.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 29.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 5 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £79
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£79
~ YoY
Current Assets
£79
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £79 | £79 |
| Current assets | £79 | £79 |
| Net assets | £79 | £79 |
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
1
filing
- • 1 gazette
Last 180 days
3
filings
- • 2 gazette
- • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-02-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2026-02-10🏁Company dissolved
- 2025-11-25📄gazette-notice-voluntarygazette · GAZ1(A)
- 2025-11-18📄dissolution-application-strike-off-companydissolution · DS01
- 2025-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-07-05📄change-person-secretary-company-with-change-dateofficers · CH03
- 2016-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2013-05-24➕THOMAS, Paul appointedsecretary
- 2013-05-24➖HBJGW SECRETARIAL LIMITED resignedcorporate-secretary
- 2008-06-04➖SPARK, Graham Philip resigneddirector
- 2008-05-27➖BOYDSLAW (SECRETARIAL SERVICES) LIMITED resignedcorporate-secretary
- 2008-05-27➕HBJGW SECRETARIAL LIMITED appointedcorporate-secretary
- 2001-08-15➕THOMAS, Paul appointeddirector
- 2001-08-15➖GRAVETT, Heath Jason resigneddirector
- 2001-07-03➕BOYDSLAW (SECRETARIAL SERVICES) LIMITED appointedcorporate-secretary
- 2001-07-03➖HBJ SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 1999-10-15➖SHAKESHAFT, Peter James Bailey resigneddirector
- 1999-07-27🔒Charge registered #6Lender: Aberdeen City Council Superannuation Fund
- 1999-07-27🔒Charge registered #5Lender: 3I Group PLC
- 1997-06-04➕SHAKESHAFT, Peter James Bailey appointeddirector
- 1997-05-14➕JONES, Kevin Howard appointeddirector
- 1997-05-14➕GRAVETT, Heath Jason appointeddirector
- 1997-05-14➕SPARK, Graham Philip appointeddirector
- 1997-05-14➖HENDERSON BOYD JACKSON LIMITED resignedcorporate-nominee-director
- 1997-05-14🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1997-05-14🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1997-04-30🏢Company incorporatedAs HBJ 351 LIMITED
- 1997-04-30➕HBJ SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 1997-04-30➕HENDERSON BOYD JACKSON LIMITED appointedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
86/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-02-10
Group structure
3i Group Plc holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
3i Group Plc
Corporate parent · holds 25-50% shares
⬇
HBJ 351 LIMITED
This company · SC174999
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
3i Group Plc Corporate entity | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Kevin Howard Jones Individual · British · DOB 08/1958 · age 68 | — | — | sig. influencesignificant influence | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| ADTRAFICO LP→ SL027880 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AED TRANS GROUP LP→ SL027097 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AERIN GROUP LP→ SL024727 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AESF VI B L.P.→ SL025888 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AEW EVP SLP L.P.→ SL030533 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AFFI KONG LP→ SL032360 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AFFINITY APPLIANCES LP→ SL019114 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AFH INVESTMENT L.P.→ SL008008 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AFRICA CONSTRUCTION & INVESTMENT L.P.→ SL014015 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AFRICAN DAISY SP→ SL004904 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AG DIRECT LP→ SL028025 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AGAPE FOR ALL NATIONS MINISTRIES INTERNATIONAL LIMITED→ SC597151 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1997-04-30
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Exchange Tower
19 Canning Street
Edinburgh
EH3 8EH
Filing status
Accounts
Next due: —
Last made up to: 2025-01-31
Confirmation statement
Next due: —
Last: 2025-04-24
Officers (0 active · 7 resigned)
Active
JONES, Kevin Howard→
Activedirector · ~68y · appointed 1997-05-14
View their other companies + combined net worth →
THOMAS, Paul→
Activedirector · ~69y · appointed 2001-08-15
View their other companies + combined net worth →
BOYDSLAW (SECRETARIAL SERVICES) LIMITED→
Resignedcorporate-secretary · appointed 2001-07-03 · resigned 2008-05-27
HBJ SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-04-30 · resigned 2001-07-03
HBJGW SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2008-05-27 · resigned 2013-05-24
GRAVETT, Heath Jason→
Resigneddirector · ~58y · appointed 1997-05-14 · resigned 2001-08-15
SHAKESHAFT, Peter James Bailey→
Resigneddirector · ~79y · appointed 1997-06-04 · resigned 1999-10-15
SPARK, Graham Philip→
Resigneddirector · ~61y · appointed 1997-05-14 · resigned 2008-06-04
HENDERSON BOYD JACKSON LIMITED→
Resignedcorporate-nominee-director · appointed 1997-04-30 · resigned 1997-05-14
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aberdeen City Council Superannuation Fund | Bond & floating charge | 1 property | 27/07/1999 | — | |
| outstanding | 3I Group 3I Group PLC | Bond & floating charge | 1 property | 27/07/1999 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 14/05/1997 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 14/05/1997 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (118 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-02-10
gazette-notice-voluntary
gazette · GAZ1(A)
2025-11-25
dissolution-application-strike-off-company
dissolution · DS01
2025-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-26