02815367 LIMITED

🌳Matureactive
02815367 · ltd · incorporated 1993-05-06
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
51/100
Worth a look
🔔
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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 51/100 (worth a look), bankability 20/100. 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 (55/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 32.9y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 32.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
23
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 (40 events)Click to expand
  1. 2022-12-12
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2022-12-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2013-08-13
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  4. 2013-08-13
    🏁
    Company dissolved
  5. 2013-04-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2012-10-19
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2012-10-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2012-08-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2012-04-30
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  10. 2012-04-30
    ⚠️
    legacy
    insolvency · LQ02
  11. 2011-06-06
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  12. 2010-06-09
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  13. 2009-12-23
    ⚠️
    legacy
    insolvency · LQ02
  14. 2009-09-30
    ⚠️
    liquidation-receiver-statement-of-affairs
    insolvency · 3.3
  15. 2009-06-04
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  16. 2008-09-16
    ⚠️
    liquidation-receiver-administrative-receivers-report
    insolvency · 3.10
  17. 2008-09-10
    ⚠️
    legacy
    insolvency · 405(1)
  18. 2008-05-29
    📍
    legacy
    address · 287
  19. 2007-07-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2007-05-03
    📄
    legacy
    annual-return · 363a
  21. 2006-06-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2006-06-14
    📄
    legacy
    annual-return · 363s
  23. 2005-07-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2005-05-16
    📄
    legacy
    annual-return · 363s
  25. 2004-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2004-05-13
    📄
    legacy
    annual-return · 363s
  27. 1998-08-14
    JARVIS, Desmond Norman resigned
    director
  28. 1994-12-16
    🔒
    Charge registered #3
    Lender: Finco Holdings Limited
  29. 1994-09-28
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  30. 1993-07-13
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  31. 1993-06-21
    HILL, Margaret Doreen appointed
    director
  32. 1993-05-06
    🏢
    Company incorporated
    As 02815367 LIMITED
  33. 1993-05-06
    HILL, Geoffrey Ian appointed
    secretary
  34. 1993-05-06
    HILL, Geoffrey Ian appointed
    director
  35. 1993-05-06
    HILL, John Henry appointed
    director
  36. 1993-05-06
    HILL, Peter John appointed
    director
  37. 1993-05-06
    SELBY, Marie Annette appointed
    secretary
  38. 1993-05-06
    SELBY, Marie Annette resigned
    secretary
  39. 1993-05-06
    SELBY, Andrew Gerard appointed
    director
  40. 1993-05-06
    SELBY, Andrew Gerard resigned
    director

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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 99 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 99 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 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: 2008-06-30

Confirmation statement overdue
high

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

Evidence: Next due: 2017-05-08

9 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2012-04-30: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2012-04-30: legacy

Has insolvency history
medium

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

🔒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 →

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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
Incorporated1993-05-06
Jurisdictionengland-wales
Primary SIC2875 — SIC 2875

Registered office

Begbies Traynor The Old Barn Caverswall Park
Caverswall Lane
Stoke-On-Trent
Staffordshire
ST3 6HP

Filing status

Accounts
Next due: 2008-06-30OVERDUE
Last made up to: 2006-08-31
Confirmation statement
Next due: 2017-05-08OVERDUE
Last:

Officers (5 active · 3 resigned)

HILL, Geoffrey Ian
secretary · appointed 1993-05-06
View their other companies + combined net worth →
Active
HILL, Geoffrey Ian
director · ~64y · appointed 1993-05-06
View their other companies + combined net worth →
Active
HILL, John Henry
director · ~99y · appointed 1993-05-06
View their other companies + combined net worth →
Active
HILL, Margaret Doreen
director · ~98y · appointed 1993-06-21
View their other companies + combined net worth →
Active
HILL, Peter John
director · ~70y · appointed 1993-05-06
View their other companies + combined net worth →
Active
SELBY, Marie Annette
secretary · appointed 1993-05-06 · resigned 1993-05-06
Resigned
JARVIS, Desmond Norman
director · ~93y · resigned 1998-08-14
Resigned
SELBY, Andrew Gerard
director · ~66y · appointed 1993-05-06 · resigned 1993-05-06
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Finco Holdings
Finco Holdings Limited
Debenture1 property16/12/1994
outstanding
Barclays
Barclays Bank PLC
Guarantee and debenture1 property28/09/1994
outstanding
Barclays
Barclays Bank PLC
Debenture1 property13/07/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

restoration-order-of-court
restoration · AC92
2022-12-12
certificate-change-of-name-company
change-of-name · CERTNM
2022-12-12
gazette-dissolved-compulsory
gazette · GAZ2
2013-08-13
gazette-notice-compulsory
gazette · GAZ1
2013-04-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-10-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-10-16
gazette-notice-compulsory
gazette · GAZ1
2012-08-21
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2012-04-30
legacy
insolvency · LQ02
2012-04-30
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2011-06-06
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2010-06-09
legacy
insolvency · LQ02
2009-12-23
liquidation-receiver-statement-of-affairs
insolvency · 3.3
2009-09-30
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2009-06-04
liquidation-receiver-administrative-receivers-report
insolvency · 3.10
2008-09-16