WESTERN MORNING NEWS & MEDIA LIMITED
Opportunity 45/100 (watch), bankability 45/100. 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: 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 (43/100). Current lenders should be on monthly review.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (80 events)Click to expand
- 2023-04-30⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2023-04-30🏁Company dissolved
- 2023-01-30⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2023-01-04⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2021-12-22⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2020-12-23⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2019-11-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-23⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2019-11-23⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2019-11-23📄resolutionresolution · RESOLUTIONS
- 2019-06-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-11-13➕SALLAS, Frances Louise appointeddirector
- 2018-11-13➖PERRY, Adrian resigneddirector
- 2016-05-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-05-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-05-16📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2016-05-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-04-29➕SALLAS, Frances Louise appointedsecretary
- 2016-04-29➖COLLINS, Paul Simon resignedsecretary
- 2016-04-29➖COLLINS, Paul Simon resigneddirector
- 2016-04-29➕PERRY, Adrian appointeddirector
- 2015-05-01📄restoration-order-of-courtrestoration · AC92
- 2013-01-29📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-01-14📄appoint-person-director-company-with-nameofficers · AP01
- 2013-01-14📄termination-director-company-with-nameofficers · TM01
- 2012-12-30➖AUCKLAND, Stephen Andrew resigneddirector
- 2012-12-30➕COLLINS, Paul Simon appointeddirector
- 2012-10-16📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-10-04📄dissolution-application-strike-off-companydissolution · DS01
- 2012-05-31📄accounts-with-accounts-type-fullaccounts · AA
- 2012-03-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-02-07📄termination-director-company-with-nameofficers · TM01
- 2012-02-07📄termination-director-company-with-nameofficers · TM01
- 2012-02-01➖BLAIR, Andrew Gordon resigneddirector
- 2012-02-01➖MARTIN, William Henry Michael resigneddirector
- 2012-02-01➖QUALTROUGH, Alan Richard resigneddirector
- 2011-07-08➖ANDERSON-DIXON, Steve resigneddirector
- 2011-03-21➕AUCKLAND, Stephen Andrew appointeddirector
- 2011-03-21➖PELOSI, Michael Paul resigneddirector
- 2010-12-31➖CURRALL, Duncan James Steel resigneddirector
- 2010-01-01➕BLAIR, Andrew Gordon appointeddirector
- 2008-10-24➕ANDERSON-DIXON, Steve appointeddirector
- 2008-10-24➖HINDLEY, Martyn John resigneddirector
- 2006-04-28➖GLYNN, Edward Paul resigneddirector
- 2005-09-26➕MARTIN, William Henry Michael appointeddirector
- 2005-07-31➖WILLIAMS, Barrie Charles resigneddirector
- 2005-02-01➕HINDLEY, Martyn John appointeddirector
- 2003-05-15➖PARK, Ian Grahame resigneddirector
- 2002-01-11➖RANDELL, Timothy Andrew Anthony David resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 102 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-04-30
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-04-30: gazette-dissolved-liquidation; 2023-01-30: liquidation-voluntary-members-return-of-final-meeting
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Filing status
Officers (0 active · 31 resigned)
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