K L CATERING LTD.
⚰️Wound downdissolved
SC198340 · ltd · incorporated 1999-07-23
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
53/100
Worth a look
What this business does
Primary activity: SIC 5530
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 70). Asset purchase likely safer than share purchase given structural signals. 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). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 26.8y
40/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 26.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
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 (41 events)Click to expand
- 2011-08-16⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2011-08-16🏁Company dissolved
- 2011-05-16⚠️liquidation-court-order-early-dissolutioninsolvency · O/C EARLY DISS
- 2011-02-21📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-01-08⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2010-01-08⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2010-01-07📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2006-12-01📄gazette-notice-compulsorygazette · GAZ1
- 2005-10-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-08-02📄legacyannual-return · 363s
- 2004-12-30📄legacyofficers · 288a
- 2004-12-22➕COHEN & CO appointedcorporate-secretary
- 2004-11-03📄legacyofficers · 288b
- 2004-10-19📄legacyofficers · 288b
- 2004-10-19📄legacyofficers · 288b
- 2004-10-15➖WONG, Chung Man resignedsecretary
- 2004-10-15➖WONG, Chung Man resigneddirector
- 2004-07-29📄legacyannual-return · 363s
- 2004-05-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-09-06📄legacyannual-return · 363s
- 2003-09-06📄legacyannual-return · 363(288)
- 2003-09-06📄legacyannual-return · 363(287)
- 2003-07-07➖WONG, Kaye Hoi Yan resigneddirector
- 2003-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2002-08-06📄legacyannual-return · 363s
- 2002-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2001-08-14📄legacyannual-return · 363s
- 2001-05-24📄accounts-with-accounts-type-fullaccounts · AA
- 2000-08-29📄legacycapital · 88(2)R
- 2000-08-17📄legacyannual-return · 363s
- 1999-08-26🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 1999-08-11🔒Charge registered #1Lender: Lloyds Tsb Scotland PLC
- 1999-08-02➕LAM, Kevin appointeddirector
- 1999-08-02➕WONG, Chung Man appointedsecretary
- 1999-08-02➕WONG, Chung Man appointeddirector
- 1999-08-02➕WONG, Kaye Hoi Yan appointeddirector
- 1999-07-23🏢Company incorporatedAs K L CATERING LTD.
- 1999-07-23➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 1999-07-23➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 1999-07-23➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
- 1999-07-23➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-08-16
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-08-16: gazette-dissolved-liquidation; 2011-05-16: liquidation-court-order-early-dissolution
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|---|---|---|---|---|---|---|---|
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| SYRIAN SWEETS LTD→ SC811774 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SYRIAN TASTE LTD→ SC870897 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TABLE GROUP LIMITED→ SC866308 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| TAFKAB LTD→ SC853285 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| TAIMOOR FOODS LIMITED→ SC870616 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TAIWANG FOODS LIMITED→ SC815834 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TAJ MAIN STREET LTD→ SC880191 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| TAME BARISTAS LIMITED→ SC537738 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated1999-07-23
Jurisdictionscotland
Primary SIC5530 — SIC 5530
Registered office
James Miller House
98 West George Street
Glasgow
G2 1PJ
Filing status
Accounts
Next due: —
Last made up to: 2004-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 5 resigned)
COHEN & CO→
Activecorporate-secretary · appointed 2004-12-22
View their other companies + combined net worth →
Active
WONG, Chung Man→
Resignedsecretary · appointed 1999-08-02 · resigned 2004-10-15
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 1999-07-23 · resigned 1999-07-23
WONG, Chung Man→
Resigneddirector · ~64y · appointed 1999-08-02 · resigned 2004-10-15
WONG, Kaye Hoi Yan→
Resigneddirector · ~52y · appointed 1999-08-02 · resigned 2003-07-07
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 1999-07-23 · resigned 1999-07-23
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Standard security | 1 property | 26/08/1999 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 11/08/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (38 total)
gazette-dissolved-liquidation
gazette · GAZ2
2011-08-16
liquidation-court-order-early-dissolution
insolvency · O/C EARLY DISS
2011-05-16
change-registered-office-address-company-with-date-old-address
address · AD01
2011-02-21
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2010-01-08
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2010-01-08
change-registered-office-address-company-with-date-old-address
address · AD01
2010-01-07
gazette-notice-compulsory
gazette · GAZ1
2006-12-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-10-27
legacy
annual-return · 363s
2005-08-02
legacy
officers · 288a
2004-12-30
legacy
officers · 288b
2004-11-03
legacy
officers · 288b
2004-10-19
legacy
officers · 288b
2004-10-19
legacy
annual-return · 363s
2004-07-29
accounts-with-accounts-type-total-exemption-small
accounts · AA
2004-05-17