ENGLISH STEEL CORPORATION (OVERSEAS) LIMITED

⚰️Wound downdissolved
00237871 · ltd · incorporated 1929-03-13
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
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (65/100).

Data confidence

Overall: low (50/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
90
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 (8 events)Click to expand
  1. 2022-05-24
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2022-05-24
    🏁
    Company dissolved
  3. 2022-03-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2018-05-02
    📄
    restoration-order-of-court
    restoration · AC92
  5. 1998-04-02
    BAYNE, Michael Douglas resigned
    director
  6. 1998-02-26
    BRITISH STEEL DIRECTORS (NOMINEES) LIMITED appointed
    corporate-director
  7. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  8. 1929-03-13
    🏢
    Company incorporated
    As ENGLISH STEEL CORPORATION (OVERSEAS) LIMITED

Owner dependency

90/100
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
  • +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.

Succession & seller-readiness

90/100
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 87 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 97 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
high

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

Evidence: Dissolved on 2022-05-24

🔒Co-director network graph

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated1929-03-13
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499

Registered office

9 Albert Embankment
London
SE1 7SP

Filing status

Accounts
Next due:
Last made up to: 1996-03-30
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

SCANDRETT, Allison Leigh
secretary
View their other companies + combined net worth →
Active
BRIGHT, Derek Norman
director · ~87y
View their other companies + combined net worth →
Active
CAIN, William John
director · ~87y
View their other companies + combined net worth →
Active
BRITISH STEEL DIRECTORS (NOMINEES) LIMITED
corporate-director · appointed 1998-02-26
View their other companies + combined net worth →
Active
BAYNE, Michael Douglas
director · ~88y · resigned 1998-04-02
Resigned

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

Recent filings (4 total)

gazette-dissolved-compulsory
gazette · GAZ2
2022-05-24
gazette-notice-compulsory
gazette · GAZ1
2022-03-08
restoration-order-of-court
restoration · AC92
2018-05-02
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01