01189835 LIMITED

🌳Matureactive
01189835 · ltd · incorporated 1974-11-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: SIC 2123
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 30/100. 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: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

Data confidence

Overall: low (45/100)

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
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
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 (10 events)Click to expand
  1. 2024-11-12
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  2. 2018-05-21
    📄
    restoration-order-of-court
    restoration · AC92
  3. 2018-05-21
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2001-01-19
    WOLSTENHOLME, Colin resigned
    director
  5. 1999-11-24
    WOLSTENHOLME, Colin appointed
    director
  6. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  7. 1995-01-01
    📄
    selection-of-mortgage-documents-registered-before-January-1995
    historical · PRE95M
  8. 1992-10-23
    DAVIES, John Stuart resigned
    director
  9. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  10. 1974-11-07
    🏢
    Company incorporated
    As 01189835 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
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 51 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 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: 2007-12-28

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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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

Statusactive
Typeltd
Incorporated1974-11-07
Jurisdictionengland-wales
Primary SIC2123 — SIC 2123

Registered office

01189835 - COMPANIES HOUSE DEFAULT ADDRESS
Cardiff
CF14 8LH

Filing status

Accounts
Next due: 2007-12-28OVERDUE
Last made up to: 2006-02-28
Confirmation statement
Next due:
Last:

Officers (4 active · 2 resigned)

SHAWCROSS, Davina Sandra
secretary
View their other companies + combined net worth →
Active
SHAWCROSS, Davina Sandra
director · ~83y
View their other companies + combined net worth →
Active
SHAWCROSS, Gerard Anthony
director · ~84y
View their other companies + combined net worth →
Active
WALKER, Leslie
director · ~82y
View their other companies + combined net worth →
Active
DAVIES, John Stuart
director · ~70y · resigned 1992-10-23
Resigned
WOLSTENHOLME, Colin
director · ~77y · appointed 1999-11-24 · resigned 2001-01-19
Resigned

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

Recent filings (6 total)

default-companies-house-registered-office-address-applied
address · RP05
2024-11-12
restoration-order-of-court
restoration · AC92
2018-05-21
certificate-change-of-name-company
change-of-name · CERTNM
2018-05-21
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
selection-of-mortgage-documents-registered-before-January-1995
historical · PRE95M
1995-01-01
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01