02584243 LIMITED
🌳Matureactive
02584243 · ltd · incorporated 1991-02-21
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
47/100
Watch
What this business does
Primary activity: SIC 2875
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 47/100 (watch), bankability 2/100. 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: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
9 live charges · 5 lenders · oldest 35.1y
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 35.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (50/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (6 active, 11 linked, 7 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
47/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
20
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 (51 events)Click to expand
- 2015-05-12📄restoration-order-of-courtrestoration · AC92
- 2005-02-10⚠️liquidation-administration-discharge-of-administration-orderinsolvency · 2.19
- 2004-12-03⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2004-06-09⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2004-01-06⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2003-12-22⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2003-05-22⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2002-05-14⚠️liquidation-administration-meeting-of-creditorsinsolvency · 2.23
- 2002-05-14⚠️liquidation-administration-orderinsolvency · 2.7
- 2002-05-09⚠️liquidation-administration-proposalsinsolvency · 2.21
- 2002-05-08⚠️liquidation-administration-orderinsolvency · 2.7
- 2002-05-07⚠️liquidation-administration-notice-of-administration-orderinsolvency · 2.6
- 2002-03-13📄legacymortgage · 395
- 2002-03-12🔒Charge registered #9Lender: Igf Invoice Finance Limited
- 2001-11-26📄legacymortgage · 395
- 2001-11-16🔒Charge registered #8Lender: Barclays Bank PLC
- 2001-10-24📄legacymortgage · 395
- 2001-10-23🔒Charge registered #7Lender: Davenham Trust PLC
- 2001-08-03📄legacymortgage · 395
- 2001-07-26🔒Charge registered #6Lender: Barclays Bank PLC
- 2001-05-22📄legacyannual-return · 363s
- 2001-05-22📄legacyannual-return · 363(288)
- 2001-02-02📄accounts-with-accounts-type-fullaccounts · AA
- 2000-09-15📄legacymortgage · 395
- 2000-09-14🔒Charge registered #5Lender: Davenham Trust PLC
- 2000-05-09📄legacyannual-return · 363s
- 2000-05-09📄legacyannual-return · 363(288)
- 2000-04-13📄legacycapital · 169
- 2000-04-13📄resolutionresolution · RESOLUTIONS
- 2000-04-07➖COLEMAN, Ronald resigneddirector
- 2000-04-06📄legacymortgage · 395
- 2000-04-04🔒Charge registered #4Lender: Ronald Ralph Coleman
- 1997-11-07🔒Charge registered #3Lender: Davenham Trust PLC
- 1994-01-13➕DEMORAIS, Karl Stafford appointeddirector
- 1994-01-13➕FULLER, Roy William appointeddirector
- 1991-04-29🔒Charge registered #2Lender: Barclays Bank PLC
- 1991-03-28🔒Charge registered #1Lender: Art Pattern & Knife Company Limited
- 1991-03-26➕CHAPMAN, Eric Thomas appointedsecretary
- 1991-03-26➕CHAPMAN, Eric Thomas appointeddirector
- 1991-03-26➕FRANKS, Paul appointeddirector
- 1991-03-26➕LANGHAM, Mark Peter appointeddirector
- 1991-03-26➖HAMILTON, Margaret Rosemary resignedsecretary
- 1991-03-26➕COLEMAN, Ronald appointeddirector
- 1991-03-26➖WINN, Timothy Charles resigneddirector
- 1991-03-19➕HAMILTON, Margaret Rosemary appointedsecretary
- 1991-03-19➖SECRETARIES BY DESIGN LIMITED resignedcorporate-nominee-secretary
- 1991-03-19➕WINN, Timothy Charles appointeddirector
- 1991-03-19➖NOMINEES BY DESIGN LIMITED resignedcorporate-nominee-director
- 1991-02-21🏢Company incorporatedAs 02584243 LIMITED
- 1991-02-21➕SECRETARIES BY DESIGN LIMITED appointedcorporate-nominee-secretary
Showing most recent 50 of 51 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
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
85/100
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 77 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 1 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2002-02-01
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-03-07
11 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2005-02-10: liquidation-administration-discharge-of-administration-order; 2004-12-03: liquidation-administration-administrators-abstracts-of-receipts-and-payments
Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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
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|---|---|---|---|---|---|---|---|
| 01767168 LIMITED→ 01767168 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| 1 CLOTHING STYLE LTD→ 16812939 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 10ZIG TECHNOLOGY LIMITED→ 05601056 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 13 AMP LIMITED→ 01902690 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| 1911INK LTD→ 13755760 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST CALL SERVICE (UK) LTD→ 07025572 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 21ST CENTURY TECHNOLOGY LIMITED→ 10896440 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 23 FOXES LTD→ 16236280 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2B FIRE LIMITED→ 12296007 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3 PYRAMIDS GROUP LTD→ 16139890 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 365 MANUFACTURING LTD→ 14573847 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3B DESIGN AND PRINT LIMITED→ 04672256 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
13 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
Statusactive
Typeltd
Incorporated1991-02-21
Jurisdictionengland-wales
Primary SIC2875 — SIC 2875
Registered office
Bedford Street South
Leicester
LE1 3JP
Filing status
Accounts
Next due: 2002-02-01OVERDUE
Last made up to: —
Confirmation statement
Next due: 2017-03-07OVERDUE
Last: —
Officers (6 active · 5 resigned)
CHAPMAN, Eric Thomas→
Activesecretary · appointed 1991-03-26
View their other companies + combined net worth →
CHAPMAN, Eric Thomas→
Activedirector · ~77y · appointed 1991-03-26
View their other companies + combined net worth →
DEMORAIS, Karl Stafford→
Activedirector · ~68y · appointed 1994-01-13
View their other companies + combined net worth →
FRANKS, Paul→
Activedirector · ~76y · appointed 1991-03-26
View their other companies + combined net worth →
FULLER, Roy William→
Activedirector · ~77y · appointed 1994-01-13
View their other companies + combined net worth →
LANGHAM, Mark Peter→
Activedirector · ~68y · appointed 1991-03-26
View their other companies + combined net worth →
HAMILTON, Margaret Rosemary→
Resignedsecretary · appointed 1991-03-19 · resigned 1991-03-26
SECRETARIES BY DESIGN LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-02-21 · resigned 1991-03-19
COLEMAN, Ronald→
Resigneddirector · ~90y · appointed 1991-03-26 · resigned 2000-04-07
WINN, Timothy Charles→
Resigneddirector · ~67y · appointed 1991-03-19 · resigned 1991-03-26
NOMINEES BY DESIGN LIMITED→
Resignedcorporate-nominee-director · appointed 1991-02-21 · resigned 1991-03-19
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
9
Outstanding
5
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Igf Invoice Finance Igf Invoice Finance Limited | Debenture | 1 property | 12/03/2002 | — | |
| outstanding | Barclays Barclays Bank PLC | Chattel mortgage | 1 property | 16/11/2001 | — | |
| outstanding | Davenham Trust Davenham Trust PLC | Deed of assignment | 1 property | 23/10/2001 | — | |
| outstanding | Barclays Barclays Bank PLC | Chattel mortgage | 1 property | 26/07/2001 | — | |
| outstanding | Davenham Trust Davenham Trust PLC | Chattel mortgage | 1 property | 14/09/2000 | — | |
| outstanding | Ronald Ralph Coleman | Debenture | 1 property | 04/04/2000 | — | |
| outstanding | Davenham Trust Davenham Trust PLC | Chattel mortgage | 1 property | 07/11/1997 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 29/04/1991 | — | |
| outstanding | Art Pattern & Knife Company Art Pattern & Knife Company Limited | Debenture | 1 property | 28/03/1991 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
restoration-order-of-court
restoration · AC92
2015-05-12
liquidation-administration-discharge-of-administration-order
insolvency · 2.19
2005-02-10
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2004-12-03
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2004-06-09
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2004-01-06
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2003-12-22
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2003-05-22
liquidation-administration-meeting-of-creditors
insolvency · 2.23
2002-05-14
liquidation-administration-order
insolvency · 2.7
2002-05-14
liquidation-administration-proposals
insolvency · 2.21
2002-05-09
liquidation-administration-order
insolvency · 2.7
2002-05-08
liquidation-administration-notice-of-administration-order
insolvency · 2.6
2002-05-07
legacy
mortgage · 395
2002-03-13
legacy
mortgage · 395
2001-11-26
legacy
mortgage · 395
2001-10-24