0122634 PLC

⚰️Wound downdissolved
00122634 · plc · incorporated 1912-06-17
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
49/100
Watch
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What this business does
Primary activity: SIC 9234
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 49/100 (watch), bankability 27/100. Strong seller-intent signal (70/100, director aged 77). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 58.2y

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 58.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 60/100 (high).

Data confidence

Overall: low (49/100)

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
24 officers (3 active, 24 linked, 20 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
164 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
49/100Watch
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
80
Strong succession / seller-readiness signals.
Risk profile
46
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 (75 events)Click to expand
  1. 2012-05-01
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2012-05-01
    🏁
    Company dissolved
  3. 2012-01-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2010-09-13
    📄
    restoration-order-of-court
    restoration · AC92
  5. 2007-07-17
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  6. 2007-04-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2006-11-22
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  8. 2006-11-22
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  9. 2006-11-14
    ⚠️
    legacy
    insolvency · 405(2)
  10. 2006-11-14
    ⚠️
    legacy
    insolvency · 405(2)
  11. 2006-04-20
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  12. 2006-04-11
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  13. 2005-12-28
    ⚠️
    legacy
    insolvency · 405(2)
  14. 2005-04-18
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  15. 2005-04-18
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  16. 2005-04-07
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  17. 2004-10-25
    📄
    legacy
    officers · 288b
  18. 2004-10-18
    MUGGLESTONE, Steven Robert resigned
    director
  19. 2004-08-05
    📍
    legacy
    address · 287
  20. 2004-03-30
    📄
    miscellaneous
    miscellaneous · MISC
  21. 2004-03-30
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  22. 2004-02-27
    ⚠️
    legacy
    insolvency · 405(1)
  23. 2004-02-24
    📄
    legacy
    officers · 288b
  24. 2004-02-24
    📄
    legacy
    officers · 288b
  25. 2004-02-24
    📄
    legacy
    officers · 288b
  26. 2004-02-19
    📍
    legacy
    address · 287
  27. 2004-02-14
    GORE, William Hornby resigned
    director
  28. 2004-02-12
    ⚠️
    legacy
    insolvency · 405(1)
  29. 2004-02-11
    HALL, Anthony John resigned
    director
  30. 2004-02-11
    WAGSTAFF, John Barry resigned
    director
  31. 2003-10-01
    GORE, William Hornby appointed
    director
  32. 2003-09-30
    PAGE, Adam Stoddart resigned
    director
  33. 2003-08-07
    KING, Jeremy resigned
    director
  34. 2003-08-07
    MUGGLESTONE, Steven Robert appointed
    director
  35. 2003-07-01
    STEVENSON, David Robert resigned
    director
  36. 2003-05-16
    PICKARD, Rodney David resigned
    director
  37. 2003-02-17
    DENNETT, Nigel Alexander resigned
    director
  38. 2003-02-17
    KING, Jeremy appointed
    director
  39. 2003-01-07
    🔒
    Charge registered #9
    Lender: Lloyds Tsb Bank PLC
  40. 2002-12-23
    🔒
    Charge registered #8
    Lender: First Leisure Trading Limited
  41. 2002-11-11
    MARLEY, Michael Joseph appointed
    director
  42. 2002-08-12
    🔒
    Charge registered #7
    Lender: First Leisure Trading Limited
  43. 2001-08-28
    PICKARD, Rodney David appointed
    director
  44. 2001-07-20
    🔒
    Charge registered #6
    Lender: Lloyds Tsb Bank PLC
  45. 2001-04-25
    MCGREGOR, William resigned
    director
  46. 2000-11-27
    MCGREGOR, William appointed
    director
  47. 2000-05-25
    DENNETT, Nigel Alexander appointed
    director
  48. 2000-05-25
    STEVENSON, David Robert appointed
    director
  49. 2000-04-01
    MARLEY, Michael Joseph appointed
    secretary
  50. 2000-04-01
    TURNER, Patricia Ann resigned
    secretary
Showing most recent 50 of 75 events

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 114 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 · 1 low
Company dissolved
high

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

Evidence: Dissolved on 2012-05-01

13 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2006-11-22: liquidation-receiver-abstract-of-receipts-and-payments; 2006-11-22: liquidation-receiver-abstract-of-receipts-and-payments

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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 →

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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
Typeplc
Incorporated1912-06-17
Jurisdictionengland-wales
Primary SIC9234 — SIC 9234

Registered office

Ernst & Young Llp
No 1 Colmore Square
Birmingham
B4 6HQ

Filing status

Accounts
Next due:
Last made up to: 2002-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 21 resigned)

MARLEY, Michael Joseph
secretary · appointed 2000-04-01
View their other companies + combined net worth →
Active
CLEGG, Christopher Roy
director · ~67y · appointed 1998-03-31
View their other companies + combined net worth →
Active
MARLEY, Michael Joseph
director · ~77y · appointed 2002-11-11
View their other companies + combined net worth →
Active
RUSSELL, John Alan
secretary · resigned 1992-08-07
Resigned
SCOTT, John Malcolm
secretary · appointed 1992-08-07 · resigned 1995-07-31
Resigned
TURNER, Patricia Ann
secretary · appointed 1995-07-31 · resigned 2000-04-01
Resigned
BYASS, Kenneth Peter
director · ~83y · appointed 1994-12-23 · resigned 1995-01-06
Resigned
DENNETT, Nigel Alexander
director · ~70y · appointed 2000-05-25 · resigned 2003-02-17
Resigned
DOBINSON, Geoffrey Robert
director · ~93y · resigned 1995-01-10
Resigned
DOCKERTY, William Paul
director · ~91y · resigned 1995-07-25
Resigned
GORE, William Hornby
director · ~82y · appointed 2003-10-01 · resigned 2004-02-14
Resigned
HALL, Anthony John
director · ~81y · appointed 1994-12-27 · resigned 2004-02-11
Resigned
KING, Jeremy
director · ~65y · appointed 2003-02-17 · resigned 2003-08-07
Resigned
LEONARD, Handel Thomas Robert
director · ~104y · resigned 1995-04-12
Resigned
MCGREGOR, William
director · ~81y · appointed 2000-11-27 · resigned 2001-04-25
Resigned
MUGGLESTONE, Steven Robert
director · ~62y · appointed 2003-08-07 · resigned 2004-10-18
Resigned
PAGE, Adam Stoddart
director · ~90y · appointed 1994-12-23 · resigned 2003-09-30
Resigned
PICKARD, Rodney David
director · ~84y · appointed 2001-08-28 · resigned 2003-05-16
Resigned
RUSSELL, John Alan
director · ~94y · resigned 1992-08-28
Resigned
STEVENSON, David Robert
director · ~69y · appointed 2000-05-25 · resigned 2003-07-01
Resigned

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

Mortgages & charges

9
Total charges
8
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property07/01/2003
outstanding
First Leisure Trading
First Leisure Trading Limited
Supplemental legal mortgage2 properties23/12/2002
outstanding
First Leisure Trading
First Leisure Trading Limited
Debenture1 property12/08/2002
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture deed1 property20/07/2001
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property27/10/1994
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property27/10/1994
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property19/03/1990
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property08/04/1974
satisfied
Sun Life Assurance Soc
Sun Life Assurance Soc LTD
Mortgage1 property16/02/196805/01/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (164 total)

gazette-dissolved-compulsory
gazette · GAZ2
2012-05-01
gazette-notice-compulsory
gazette · GAZ1
2012-01-17
restoration-order-of-court
restoration · AC92
2010-09-13
gazette-dissolved-compulsory
gazette · GAZ2
2007-07-17
gazette-notice-compulsory
gazette · GAZ1
2007-04-03
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-11-22
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-11-22
legacy
insolvency · 405(2)
2006-11-14
legacy
insolvency · 405(2)
2006-11-14
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-04-20
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-04-11
legacy
insolvency · 405(2)
2005-12-28
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-04-18
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-04-18
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-04-07