SCHLEGEL (U.K.) ENGINEERING LIMITED
- · Oldest live charge 28.1y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 75). 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).
Refinance opportunity
3 live charges · 2 lenders · oldest 28.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 28.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (52 events)Click to expand
- 2011-12-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-12-27🏁Company dissolved
- 2011-09-20📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-09-08📄dissolution-application-strike-off-companydissolution · DS01
- 2011-06-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-11-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-12-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-17📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-17📄change-person-director-company-with-change-dateofficers · CH01
- 2009-07-10📄accounts-with-made-up-dateaccounts · AA
- 2008-11-10📄legacyannual-return · 363a
- 2008-02-27📄accounts-with-made-up-dateaccounts · AA
- 2007-11-22📄legacyannual-return · 363s
- 2007-06-06📄accounts-with-made-up-dateaccounts · AA
- 2007-03-30📄legacyannual-return · 363s
- 2007-03-30📄legacyannual-return · 363(288)
- 2007-03-30📄legacyannual-return · 363(287)
- 2007-03-30📄legacyofficers · 288b
- 2007-03-30📄legacyofficers · 288b
- 2007-03-30📄legacyofficers · 288a
- 2006-06-21📄legacyofficers · 288a
- 2006-06-02📄legacyofficers · 288a
- 2006-04-04➕GORANSSON, Sten Valdemar appointedsecretary
- 2006-04-04➕BOND, Philip Murray Peter appointeddirector
- 2006-04-04➕GORANSSON, Sten Valdemar appointeddirector
- 2006-04-04➖PARRATT, Christopher Joseph resignedsecretary
- 2006-04-04➖PARRATT, Christopher Joseph resigneddirector
- 2006-04-04➖TEACHER, Michael John resigneddirector
- 2006-03-21📄accounts-with-made-up-dateaccounts · AA
- 2005-11-30📄legacyannual-return · 363s
- 2005-04-22📄accounts-with-made-up-dateaccounts · AA
- 2003-01-09🔒Charge registered #3Lender: Mizuho Corporate Bank LTD as Trustee for the Beneficiaries
- 2003-01-09🔒Charge registered #2Lender: Mizuho Corporate Bank LTD as Trustee for the Beneficiaries
- 2001-06-08➖CANT, Laurence resigneddirector
- 2001-06-05➖MINICK, Woodrow Ted resignedsecretary
- 2001-06-05➕PARRATT, Christopher Joseph appointedsecretary
- 2001-06-05➕PARRATT, Christopher Joseph appointeddirector
- 2001-06-05➕TEACHER, Michael John appointeddirector
- 1998-03-25🔒Charge registered #1Lender: The Fuji Bank(Trustee)
- 1997-12-12➕MINICK, Woodrow Ted appointedsecretary
- 1997-12-12➖INVENSYS SECRETARIES LIMITED resignedcorporate-secretary
- 1997-12-12➖BROWN, Robert Casson resigneddirector
- 1997-12-12➕CANT, Laurence appointeddirector
- 1997-12-12➖STEVENS, David John resigneddirector
- 1997-12-12➖STEVENS, David John resigneddirector
- 1997-12-12➖THOM, James Demmink resigneddirector
- 1997-10-24➕STEVENS, David John appointeddirector
- 1997-10-24➕STEVENS, David John appointeddirector
- 1993-06-08➖WILLIAMS, Stanley Killa resigneddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 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 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 52 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-12-27
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (0 active · 11 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mizuho Corporate Bank as Trustee for the Beneficiaries Mizuho Corporate Bank LTD as Trustee for the Beneficiaries | Debenture | 2 properties | 09/01/2003 | — | |
| outstanding | Mizuho Corporate Bank as Trustee for the Beneficiaries Mizuho Corporate Bank LTD as Trustee for the Beneficiaries | Mortgage | 2 properties | 09/01/2003 | — | |
| outstanding | The Fuji Bank(Trustee) | Debenture | 1 property | 25/03/1998 | — |