00488205 LIMITED

⚰️Wound downliquidation
00488205 · ltd · incorporated 1950-11-11
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 41.6y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
38/100
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What this business does
Primary activity: SIC 4525
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 4532SIC 4532
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 38/100 (watch), bankability 25/100. Strong seller-intent signal (63/100, director aged 101). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 41.6y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 41.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
38/100Watch
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
75
Strong succession / seller-readiness signals.
Risk profile
13
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 (30 events)Click to expand
  1. 2018-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2018-11-28
    ALLEN, Peter resigned
    director
  3. 2018-01-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2017-12-21
    WOLSTENHOLME, Tom Vincent resigned
    secretary
  5. 2017-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2017-08-18
    WOLSTENHOLME, Tom Vincent resigned
    director
  7. 2014-03-10
    📄
    restoration-order-of-court
    restoration · AC92
  8. 2014-03-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2011-09-20
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  10. 2011-06-07
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  11. 2009-05-27
    📄
    restoration-order-of-court
    restoration · AC92
  12. 2008-05-07
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  13. 2007-12-04
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  14. 2007-05-18
    📄
    court-order
    miscellaneous · OC-DV
  15. 1995-11-30
    ⚠️
    legacy
    insolvency · LIQ
  16. 1995-08-30
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  17. 1995-08-30
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  18. 1995-08-02
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  19. 1995-02-21
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  20. 1995-02-21
    ⚠️
    legacy
    insolvency · 405(2)
  21. 1995-02-06
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  22. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  23. 1994-12-01
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments
    insolvency · 3.6
  24. 1994-01-31
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · 4.20
  25. 1994-01-31
    ⚠️
    liquidation-voluntary-constitution-liquidation-committee
    insolvency · 4.48
  26. 1994-01-31
    📄
    resolution
    resolution · RESOLUTIONS
  27. 1994-01-31
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  28. 1994-01-14
    📍
    legacy
    address · 287
  29. 1984-09-18
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  30. 1950-11-11
    🏢
    Company incorporated
    As 00488205 LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 101 — succession pressure is live.

Succession & seller-readiness

76/100
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 101 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 75 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2004-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-01-10

Company in liquidation
high

Company is actively being wound up. Not a going concern.

11 insolvency-related filings on record
high

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

Evidence: 1995-11-30: legacy; 1995-08-30: liquidation-voluntary-statement-of-receipts-and-payments

🔒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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🔒Tailored diligence questions

12 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.

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Company details

Statusliquidation
Typeltd
Incorporated1950-11-11
Jurisdictionengland-wales
Primary SIC4525 — SIC 4525

Registered office

2/3 Pavillion Buildings
East Sussex
BN1 1EE

Filing status

Accounts
Next due: 2004-01-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2017-01-10OVERDUE
Last:

Officers (2 active · 3 resigned)

BEANEY, John Geoffrey
director · ~81y
View their other companies + combined net worth →
Active
LING, Denys Robert
director · ~101y
View their other companies + combined net worth →
Active
WOLSTENHOLME, Tom Vincent
secretary · resigned 2017-12-21
Resigned
ALLEN, Peter
director · ~67y · resigned 2018-11-28
Resigned
WOLSTENHOLME, Tom Vincent
director · ~83y · resigned 2017-08-18
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Debenture1 property18/09/1984
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (48 total)

termination-director-company-with-name-termination-date
officers · TM01
2018-12-17
termination-secretary-company-with-name-termination-date
officers · TM02
2018-01-08
termination-director-company-with-name-termination-date
officers · TM01
2017-09-01
restoration-order-of-court
restoration · AC92
2014-03-10
certificate-change-of-name-company
change-of-name · CERTNM
2014-03-10
gazette-dissolved-compulsary
gazette · GAZ2
2011-09-20
gazette-notice-compulsary
gazette · GAZ1
2011-06-07
restoration-order-of-court
restoration · AC92
2009-05-27
gazette-dissolved-compulsary
gazette · GAZ2
2008-05-07
gazette-notice-compulsary
gazette · GAZ1
2007-12-04
court-order
miscellaneous · OC-DV
2007-05-18
legacy
insolvency · LIQ
1995-11-30
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1995-08-30
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
1995-08-30
liquidation-voluntary-statement-of-receipts-and-payments
insolvency · 4.68
1995-08-02