GALATIAL ACE PLC

⚰️Wound downdissolved
03188780 · plc · incorporated 1996-04-16
Investment thesis
Company dissolved — 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 24.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
45/100
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What this business does
Primary activity: SIC 6523
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 60/100. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (55/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 24.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 24.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 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
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional 

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

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
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 (42 events)Click to expand
  1. 2011-06-10
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2011-06-10
    🏁
    Company dissolved
  3. 2011-03-24
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  4. 2011-03-17
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  5. 2011-03-10
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · 4.71
  6. 2010-09-15
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  7. 2010-03-17
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  8. 2009-09-11
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  9. 2009-03-05
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  10. 2008-10-30
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  11. 2008-10-30
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  12. 2008-10-30
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  13. 2008-10-30
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  14. 2008-10-30
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  15. 2008-10-10
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  16. 2008-03-19
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2008-03-18
    📄
    court-order
    miscellaneous · OC-DV
  18. 2005-12-06
    ⚠️
    legacy
    insolvency · LIQ
  19. 2005-09-06
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  20. 2005-09-06
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · 4.71
  21. 2005-08-26
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  22. 2005-03-11
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments
    insolvency · 4.68
  23. 2004-05-04
    📄
    legacy
    officers · 288b
  24. 2004-05-04
    📄
    legacy
    officers · 288b
  25. 2004-05-04
    📄
    legacy
    officers · 288b
  26. 2004-05-04
    📄
    legacy
    officers · 288b
  27. 2004-03-25
    ➖
    GREEN ARMYTAGE, John Mcdonald resigned
    director
  28. 2004-03-25
    ➖
    HOLFORD, John Brian resigned
    director
  29. 2004-03-25
    ➖
    PITHER, Jon Peter resigned
    director
  30. 2004-03-25
    ➖
    THE LORD GORDON OF STRATHBLANE resigned
    director
  31. 2003-08-07
    🔓
    Charge satisfied #2
  32. 2003-07-28
    ➖
    BAXTER, Audrey Caroline resigned
    director
  33. 2003-03-27
    🔓
    Charge satisfied #1
  34. 2003-02-21
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  35. 2001-10-31
    🔒
    Charge registered #1
    Lender: Chase Manhattan International Limited
  36. 1997-01-27
    ➕
    GREEN ARMYTAGE, John Mcdonald appointed
    director
  37. 1996-04-23
    ➕
    BAXTER, Audrey Caroline appointed
    director
  38. 1996-04-23
    ➕
    THE LORD GORDON OF STRATHBLANE appointed
    director
  39. 1996-04-16
    🏢
    Company incorporated
    As GALATIAL ACE PLC
  40. 1996-04-16
    ➕
    F&C ASSET MANAGEMENT PLC appointed
    corporate-secretary
  41. 1996-04-16
    ➕
    HOLFORD, John Brian appointed
    director
  42. 1996-04-16
    ➕
    PITHER, Jon Peter appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2011-06-10

19 insolvency-related filings on record
high

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

Evidence: 2011-06-10: gazette-dissolved-liquidation; 2011-03-24: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date

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9 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 →
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Company details

Statusdissolved
Typeplc
Incorporated1996-04-16
Jurisdictionengland-wales
Primary SIC6523 — SIC 6523

Registered office

400 Capability Green
Luton
Bedfordshire
LU1 3LU

Filing status

Accounts
Next due: —
Last made up to: 2003-01-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 5 resigned)

F&C ASSET MANAGEMENT PLC→
corporate-secretary · appointed 1996-04-16
View their other companies + combined net worth →
Active
BAXTER, Audrey Caroline→
director · ~65y · appointed 1996-04-23 · resigned 2003-07-28
Resigned
GREEN ARMYTAGE, John Mcdonald→
director · ~81y · appointed 1997-01-27 · resigned 2004-03-25
Resigned
HOLFORD, John Brian→
director · ~85y · appointed 1996-04-16 · resigned 2004-03-25
Resigned
PITHER, Jon Peter→
director · ~92y · appointed 1996-04-16 · resigned 2004-03-25
Resigned
THE LORD GORDON OF STRATHBLANE→
director · ~90y · appointed 1996-04-23 · resigned 2004-03-25
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Charge over cash and gifts1 property21/02/200307/08/2003
satisfied
Chase Manhattan International
Chase Manhattan International Limited
Charge over cash and gilts1 property31/10/200127/03/2003

Recent filings (121 total)

gazette-dissolved-liquidation
gazette · GAZ2
2011-06-10
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-03-24
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-03-17
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2011-03-10
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-09-15
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2010-03-17
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-09-11
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2009-03-05
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-30
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-30
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-30
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-30
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-30
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2008-10-10
resolution
resolution · RESOLUTIONS
2008-03-19