00510285 REALISATIONS LIMITED

⚰️Wound downliquidation
00510285 · ltd · incorporated 1952-08-02
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2020
Net worth
book net assets
Opportunity
38/100
Watch
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
  • 25990SIC 25990
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 38/100 (watch), bankability 22/100. Strong seller-intent signal (68/100, director aged 80). 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 (80/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 35.5y

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 35.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 8 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
135 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
85
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2019Jun 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-06-302019-06-30
Average employees26002700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (42 events)Click to expand
  1. 2025-09-22
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  2. 2024-10-05
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  3. 2024-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-02-10
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  5. 2023-12-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-08-12
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  7. 2022-08-03
    ⚠️
    liquidation-in-administration-move-to-creditors-voluntary-liquidation
    insolvency · AM22
  8. 2022-03-08
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  9. 2021-11-09
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · AM02
  10. 2021-11-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-10-28
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · AM07
  12. 2021-10-28
    ⚠️
    liquidation-administration-notice-deemed-approval-of-proposals
    insolvency · AM06
  13. 2021-10-28
    ⚠️
    liquidation-in-administration-proposals
    insolvency · AM03
  14. 2021-10-28
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · AM01
  15. 2021-10-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2021-10-22
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  17. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2020-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-02-12
    LONSDALE, George Alwyn resigned
    director
  21. 2019-07-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2019-07-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2019-07-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2016-08-04
    🔓
    Charge satisfied #5
  25. 2007-01-05
    🔓
    Charge satisfied #4
  26. 2004-03-02
    LONSDALE, James Carr resigned
    director
  27. 2002-10-08
    GISSING, Ann appointed
    secretary
  28. 2002-10-08
    HAYTHORNTHWAITE, Elizabeth Jean appointed
    director
  29. 2002-10-08
    OXLEY, Gary Nigel appointed
    director
  30. 2002-10-08
    LONSDALE, James Carr resigned
    secretary
  31. 2001-11-29
    🔓
    Charge satisfied #3
  32. 2001-11-29
    🔓
    Charge satisfied #2
  33. 2001-11-29
    🔓
    Charge satisfied #1
  34. 2001-07-09
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  35. 1999-11-06
    GISSING, Jack resigned
    director
  36. 1998-02-20
    GISSING, Esther resigned
    director
  37. 1998-02-02
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  38. 1995-11-27
    LONSDALE, Edna resigned
    director
  39. 1992-10-29
    🔒
    Charge registered #3
    Lender: Close Brothers Limited
  40. 1991-10-09
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  41. 1990-10-05
    🔒
    Charge registered #1
    Lender: Close Brothers LTD
  42. 1952-08-02
    🏢
    Company incorporated
    As 00510285 REALISATIONS LIMITED

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

85/100
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 80 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 74 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 med ·
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: 2022-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2022-07-31

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: 2025-09-22: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2024-10-05: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William Terence Gissing
Individual · British · DOB 10/1947 · age 79
5075%
50–75%50-75% shares · 50-75% voting01/07/2016
Mrs Elizabeth Jean Haythornthwaite
Individual · British · DOB 05/1946 · age 80
2550%
25–50%25-50% shares · 25-50% voting18/09/2018
1 historic (ceased) PSC
  • Mr Gary Alwyn Lonsdaleceased 18/09/2018· 25-50% shares · 25-50% voting · board control · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 →

Similar companies

Active · Manufacturing · BL postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
26B RAILWAY COMPANY LIMITED
01794483 · est 1984 · no financials extracted
42y
360 TELEMETRY LTD
06502602 · est 2008 · no financials extracted
18y
3D TOOLING LIMITED
05077303 · est 2004 · no financials extracted
22y
3DTHIUM LTD
16570007 · est 2025 · no financials extracted
4BIDDEN LIMITED
07550358 · est 2011 · no financials extracted
15y
5 STAR CUPS LIMITED
06767739 · est 2008 · no financials extracted
17y
A A WELDING LIMITED
13815530 · est 2021 · no financials extracted
4y
A BLOCK LIMITED
10387088 · est 2016 · no financials extracted
9y
A.C. TECHNOLOGY LTD
08906450 · est 2014 · no financials extracted
12y
A1 SHUTTERS LIMITED
02323242 · est 1988 · no financials extracted
37y
AAF COMPONENTS LTD
07234733 · est 2010 · no financials extracted
15y
AARON B LIMITED
15309683 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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.

See pricing →

Company details

Statusliquidation
Typeltd
Incorporated1952-08-02
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

COWGILLS LIMITED
Fourth Floor Unit 5b The Parklands
Bolton
BL6 4SD

Filing status

Accounts
Next due: 2022-03-31OVERDUE
Last made up to: 2020-06-30
Confirmation statement
Next due: 2022-07-31OVERDUE
Last: 2021-07-17

Officers (4 active · 6 resigned)

GISSING, Ann
secretary · appointed 2002-10-08
View their other companies + combined net worth →
Active
GISSING, William Terence
director · ~79y
View their other companies + combined net worth →
Active
HAYTHORNTHWAITE, Elizabeth Jean
director · ~80y · appointed 2002-10-08
View their other companies + combined net worth →
Active
OXLEY, Gary Nigel
director · ~71y · appointed 2002-10-08
View their other companies + combined net worth →
Active
LONSDALE, James Carr
secretary · resigned 2002-10-08
Resigned
GISSING, Esther
director · ~114y · resigned 1998-02-20
Resigned
GISSING, Jack
director · ~107y · resigned 1999-11-06
Resigned
LONSDALE, Edna
director · ~118y · resigned 1995-11-27
Resigned
LONSDALE, George Alwyn
director · ~90y · resigned 2020-02-12
Resigned
LONSDALE, James Carr
director · ~119y · resigned 2004-03-02
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Debenture1 property09/07/200104/08/2016
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property02/02/199805/01/2007
satisfied
Close Brothers
Close Brothers Limited
Credit agreement1 property29/10/199229/11/2001
satisfied
Close Brothers
Close Brothers Limited
Credit agreement1 property09/10/199129/11/2001
satisfied
Close Brothers
Close Brothers LTD
Credit agreement1 property05/10/199029/11/2001

Recent filings (135 total)

liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2025-09-22
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2024-10-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-02
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2024-02-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-21
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2022-08-12
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · AM22
2022-08-03
liquidation-in-administration-progress-report
insolvency · AM10
2022-03-08
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2021-11-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-03
liquidation-in-administration-result-creditors-meeting
insolvency · AM07
2021-10-28
liquidation-administration-notice-deemed-approval-of-proposals
insolvency · AM06
2021-10-28
liquidation-in-administration-proposals
insolvency · AM03
2021-10-28
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2021-10-28
certificate-change-of-name-company
change-of-name · CERTNM
2021-10-22