PIPEWAY LIMITED
⚰️Wound downdissolved
02097769 · ltd · incorporated 1987-02-09
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
52/100
Worth a look
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 42/100. Strong seller-intent signal (68/100, director aged 78). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 22.4y
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 22.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (52/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
41 officers (5 active, 41 linked, 34 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
12 connected companies via shared directors
81
Filing history
185 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
41
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 (106 events)Click to expand
- 2015-12-07⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2015-12-07🏁Company dissolved
- 2015-09-07⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2015-03-26⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2014-06-26📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2014-06-25⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2014-06-25⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2014-06-25📄resolutionresolution · RESOLUTIONS
- 2014-03-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-11-19📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-09-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-05-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2013-05-07🔓Charge satisfied #4
- 2012-12-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-10📄auditors-resignation-companyauditors · AUD
- 2012-05-03📄resolutionresolution · RESOLUTIONS
- 2012-04-12📄legacymortgage · MG01
- 2012-04-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-04-05🔒Charge registered #5Lender: Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD
- 2012-01-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-06📄accounts-with-accounts-type-fullaccounts · AA
- 2011-01-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-13📄termination-director-company-with-nameofficers · TM01
- 2010-12-10➖WYNNE HUGHES, Adam Rhys resigneddirector
- 2010-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2010-02-25📄legacymortgage · MG01
- 2010-02-15🔒Charge registered #4Lender: Bank of Scotland
- 2010-01-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-09-09➕POWELL, Ralph Edward appointeddirector
- 2009-09-09📄legacyofficers · 288a
- 2009-08-17➕BURNS, Catherine Frances appointedsecretary
- 2009-08-17➖LEES LLOYD SECRETARIES LIMITED resignedcorporate-secretary
- 2009-08-17➖DANIEL, Conal resigneddirector
- 2009-08-17➖MCKECHNIE, Stewart John resigneddirector
- 2009-08-17📄legacyofficers · 288b
- 2008-07-12🔓Charge satisfied #3
- 2008-07-12🔓Charge satisfied #2
- 2007-11-10🔓Charge satisfied #1
- 2007-11-07➕BALL, Andrew Alfred appointeddirector
- 2007-11-07➕DANIEL, George appointeddirector
- 2007-11-07➕MOORE, Joanne appointeddirector
- 2007-11-07➖BOYD, Iain Alfred Herbert Davey resignedsecretary
- 2007-11-07➕LEES LLOYD SECRETARIES LIMITED appointedcorporate-secretary
- 2007-11-07➖BROADWOOD, Mike resigneddirector
- 2007-11-07➕DANIEL, Conal appointeddirector
- 2007-11-07➖MANNION, Tom resigneddirector
- 2007-11-07➕MCKECHNIE, Stewart John appointeddirector
- 2007-11-07➖VAISEY, Laurence Edwin resigneddirector
- 2007-11-07➕WYNNE HUGHES, Adam Rhys appointeddirector
- 2006-10-31➖SCARFFE, John William Harold resigneddirector
Showing most recent 50 of 106 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 39 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-12-07
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-12-07: gazette-dissolved-liquidation; 2015-09-07: liquidation-voluntary-creditors-return-of-final-meeting
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Trade services · BL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 OFF SPA LIMITED→ 15989549 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 11K BOLTON LIMITED→ 16501305 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 13 EK STORE LTD→ 12601455 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1511 LIMITED→ 09058319 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1ST FOR COMMERCIAL LTD→ 05022898 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 2 STORE LTD→ 12796055 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 20/20 EHEALTH LIMITED→ 08004913 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 24/7 VALET LTD→ 07702980 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 2K INTERNATIONAL LTD→ 04512515 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 366 CATERING LIMITED→ 10739987 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 369 RENEWABLES LIMITED→ 15921181 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3A EXPERTS UK LIMITED→ 15695728 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
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
Statusdissolved
Typeltd
Incorporated1987-02-09
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
41-51 Chorley New Road
Bolton
Lancashire
BL1 4QR
Filing status
Accounts
Next due: —
Last made up to: 2012-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 36 resigned)
BURNS, Catherine Frances→
Activesecretary · appointed 2009-08-17
View their other companies + combined net worth →
BALL, Andrew Alfred→
Activedirector · ~62y · appointed 2007-11-07
View their other companies + combined net worth →
DANIEL, George→
Activedirector · ~78y · appointed 2007-11-07
View their other companies + combined net worth →
MOORE, Joanne→
Activedirector · ~58y · appointed 2007-11-07
View their other companies + combined net worth →
POWELL, Ralph Edward→
Activedirector · ~55y · appointed 2009-09-09
View their other companies + combined net worth →
BOYD, Iain Alfred Herbert Davey→
Resignedsecretary · appointed 2004-01-20 · resigned 2007-11-07
BURNS, Noel James→
Resignedsecretary · appointed 2003-01-29 · resigned 2003-07-04
BURNS, Noel James→
Resignedsecretary · resigned 2001-07-05
HILLION, Yves Marie→
Resignedsecretary · appointed 2003-07-04 · resigned 2004-01-20
JENKINS, Angela Bridget→
Resignedsecretary · appointed 2001-07-05 · resigned 2003-01-29
LEES LLOYD SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2007-11-07 · resigned 2009-08-17
BARNHOORN, Hendrikus Theodorus Johannes→
Resigneddirector · ~80y · resigned 2000-06-20
BERRIER, Gerard→
Resigneddirector · ~81y · appointed 1996-10-11 · resigned 1997-01-14
BROADWOOD, Mike→
Resigneddirector · ~65y · appointed 2003-11-19 · resigned 2007-11-07
BURNS, Noel James→
Resigneddirector · ~80y · resigned 2003-07-04
DANIEL, Conal→
Resigneddirector · ~76y · appointed 2007-11-07 · resigned 2009-08-17
DERIPPE, Jean→
Resigneddirector · ~72y · appointed 2003-07-04 · resigned 2003-10-01
DEVLIN, Margaret Patricia→
Resigneddirector · ~64y · appointed 2001-06-08 · resigned 2003-11-19
GABOREAU, Claude Jean→
Resigneddirector · ~80y · appointed 1996-10-11 · resigned 1998-10-31
HARDY, Jean-Baptiste→
Resigneddirector · ~75y · resigned 1992-11-06
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Pnc Business Credit a Trading Style of Pnc Financial Services UK Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD | Composite guarantee and debenture | 1 property | 05/04/2012 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland | Debenture | 1 property | 15/02/2010 | 07/05/2013 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited | Chattel mortgage | 1 property | 20/09/2006 | 12/07/2008 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited as Security Trustee | Debenture | 1 property | 20/09/2006 | 12/07/2008 | |
| satisfied | Five Arrows Commercial Finance Five Arrows Commercial Finance Limited | Debenture | 1 property | 19/11/2003 | 10/11/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (185 total)
gazette-dissolved-liquidation
gazette · GAZ2
2015-12-07
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2015-09-07
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2015-03-26
change-registered-office-address-company-with-date-old-address
address · AD01
2014-06-26
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2014-06-25
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2014-06-25
resolution
resolution · RESOLUTIONS
2014-06-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-12
change-registered-office-address-company-with-date-old-address
address · AD01
2013-11-19
accounts-with-accounts-type-dormant
accounts · AA
2013-09-11
mortgage-satisfy-charge-full
mortgage · MR04
2013-05-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-12-19
auditors-resignation-company
auditors · AUD
2012-08-10
resolution
resolution · RESOLUTIONS
2012-05-03
legacy
mortgage · MG01
2012-04-12