03047144 LIMITED

⚰️Wound downliquidation
03047144 · ltd · incorporated 1995-04-19
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2016
Net worth
book net assets
Opportunity
37/100
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 37/100 (watch), bankability 25/100. 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 (75/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 21.8y

55/100
too messy

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

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (68/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · UK GAAP
Liquidity tight
Current ratio 0.46 — current liabilities exceed current assets
Current ratio
0.46
Liquidity — >1 is healthy

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
£17k
↓ 47% YoY
Current Liabilities
£36k
↑ 2.4% YoY
£0£7k£14k£22k£29k£36kMar 2015Mar 2016

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · UK GAAP
Metric2016-03-312015-03-31
Total assets£18.3k£36.2k
Current assets£16.7k£31.6k
Debtors£6.5k£16.2k
Current liabilities£36.1k£35.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (41 events)Click to expand
  1. 2025-08-21
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  2. 2025-03-13
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  3. 2025-01-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-07-12
    📄
    restoration-order-of-court
    restoration · AC92
  5. 2024-07-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2018-12-20
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  7. 2018-09-20
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  8. 2018-02-26
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  9. 2017-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2017-02-15
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  11. 2017-02-15
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2017-02-15
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · 4.70
  13. 2016-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-05-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-12-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2014-04-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2013-10-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2013-04-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2012-11-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2012-04-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2012-01-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2011-05-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2010-09-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2004-07-19
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  27. 2001-04-05
    HOWARD, Derek appointed
    secretary
  28. 2001-04-05
    HOWARD, Caroline Jane appointed
    director
  29. 2001-04-05
    ASHTON, Eileen Ann resigned
    director
  30. 2001-04-04
    ASHTON, Tracey Dawn resigned
    secretary
  31. 1995-09-22
    ASHTON, Eileen Ann resigned
    secretary
  32. 1995-05-18
    ASHTON, Tracey Dawn appointed
    secretary
  33. 1995-05-18
    ASHTON, Alfred resigned
    director
  34. 1995-04-20
    ASHTON, Eileen Ann appointed
    secretary
  35. 1995-04-20
    BRITANNIA COMPANY FORMATIONS LIMITED resigned
    corporate-nominee-secretary
  36. 1995-04-20
    ASHTON, Alfred appointed
    director
  37. 1995-04-20
    ASHTON, Eileen Ann appointed
    director
  38. 1995-04-20
    DEANSGATE COMPANY FORMATIONS LIMITED resigned
    corporate-nominee-director
  39. 1995-04-19
    🏢
    Company incorporated
    As 03047144 LIMITED
  40. 1995-04-19
    BRITANNIA COMPANY FORMATIONS LIMITED appointed
    corporate-nominee-secretary
  41. 1995-04-19
    DEANSGATE COMPANY FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 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: 2017-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-04-19

Company in liquidation
high

Company is actively being wound up. Not a going concern.

7 insolvency-related filings on record
high

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

Evidence: 2025-08-21: liquidation-voluntary-appointment-of-liquidator; 2025-03-13: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-07-12: certificate-change-of-name-company

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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

Statusliquidation
Typeltd
Incorporated1995-04-19
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

C/O Xeinadin Corporate Recovery 100
Barbirolli Square
Manchester
M2 3BD

Filing status

Accounts
Next due: 2017-12-31OVERDUE
Last made up to: 2016-03-31
Confirmation statement
Next due: 2017-04-19OVERDUE
Last:

Officers (2 active · 6 resigned)

HOWARD, Derek
secretary · appointed 2001-04-05
View their other companies + combined net worth →
Active
HOWARD, Caroline Jane
director · ~61y · appointed 2001-04-05
View their other companies + combined net worth →
Active
ASHTON, Eileen Ann
secretary · appointed 1995-04-20 · resigned 1995-09-22
Resigned
ASHTON, Tracey Dawn
secretary · appointed 1995-05-18 · resigned 2001-04-04
Resigned
BRITANNIA COMPANY FORMATIONS LIMITED
corporate-nominee-secretary · appointed 1995-04-19 · resigned 1995-04-20
Resigned
ASHTON, Alfred
director · ~80y · appointed 1995-04-20 · resigned 1995-05-18
Resigned
ASHTON, Eileen Ann
director · ~86y · appointed 1995-04-20 · resigned 2001-04-05
Resigned
DEANSGATE COMPANY FORMATIONS LIMITED
corporate-nominee-director · appointed 1995-04-19 · resigned 1995-04-20
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property19/07/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-08-21
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2025-03-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-28
restoration-order-of-court
restoration · AC92
2024-07-12
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-12
gazette-dissolved-liquidation
gazette · GAZ2
2018-12-20
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2018-09-20
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2018-02-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-02-20
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2017-02-15
resolution
resolution · RESOLUTIONS
2017-02-15
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2017-02-15
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-12-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-04