NESS RECOVERIES 10 LIMITED

⚰️Wound downdissolved
03440057 · ltd · incorporated 1997-09-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
45/100
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What this business does
Primary activity: SIC 5510
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 5540SIC 5540
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 50/100. Strong seller-intent signal (63/100, director aged 51). Asset purchase likely safer than share purchase given structural signals. 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: refinance and hold (35/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 28.4y

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 28.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: low (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
20 officers (2 active, 20 linked, 12 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
92 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
60
Some acquirability indicators.
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 (76 events)Click to expand
  1. 2010-11-09
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2010-11-09
    🏁
    Company dissolved
  3. 2010-08-09
    ⚠️
    liquidation-in-administration-move-to-dissolution-with-case-end-date
    insolvency · 2.35B
  4. 2010-03-10
    ⚠️
    liquidation-in-administration-progress-report-with-brought-down-date
    insolvency · 2.24B
  5. 2010-02-02
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · 2.16B
  6. 2010-01-19
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2009-12-30
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  8. 2009-09-30
    ⚠️
    liquidation-in-administration-proposals
    insolvency · 2.17B
  9. 2009-08-27
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · 2.12B
  10. 2009-08-11
    📄
    legacy
    officers · 288b
  11. 2009-08-10
    📍
    legacy
    address · 287
  12. 2009-08-04
    WILLIAMSON, Charles resigned
    director
  13. 2009-05-16
    📄
    accounts-with-made-up-date
    accounts · AA
  14. 2009-02-20
    📍
    legacy
    address · 287
  15. 2008-12-15
    📄
    legacy
    annual-return · 363a
  16. 2008-10-31
    📄
    legacy
    officers · 288a
  17. 2008-10-31
    📄
    legacy
    officers · 288b
  18. 2008-10-20
    JONES, Mark Vincent resigned
    director
  19. 2008-10-20
    WILLIAMSON, Charles appointed
    director
  20. 2008-09-23
    📍
    legacy
    address · 287
  21. 2008-09-01
    📄
    legacy
    officers · 288b
  22. 2008-08-29
    BELL, Craig Anthony resigned
    director
  23. 2008-08-26
    📍
    legacy
    address · 287
  24. 2008-08-26
    📄
    legacy
    officers · 288b
  25. 2008-08-26
    📄
    legacy
    officers · 288a
  26. 2008-08-26
    📄
    legacy
    officers · 288a
  27. 2008-07-28
    ARTHUR, Wayne Anthony appointed
    secretary
  28. 2008-07-28
    ARTHUR, Wayne Anthony appointed
    director
  29. 2008-07-28
    BELL, Craig Anthony resigned
    secretary
  30. 2008-05-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  31. 2007-11-15
    📄
    legacy
    officers · 288a
  32. 2007-11-13
    📄
    legacy
    annual-return · 363a
  33. 2007-07-06
    📄
    legacy
    mortgage · 403a
  34. 2007-07-06
    🔓
    Charge satisfied #6
  35. 2007-07-06
    🔓
    Charge satisfied #5
  36. 2006-10-18
    JONES, Mark Vincent appointed
    director
  37. 2006-10-18
    ROWLINSON, Colin resigned
    director
  38. 2005-08-19
    RANKIN, Allan resigned
    director
  39. 2005-08-19
    ROWLINSON, Colin appointed
    director
  40. 2005-08-19
    SENIOR, Robert Fraser resigned
    director
  41. 2004-06-15
    PITHER, Jon Peter resigned
    director
  42. 2002-10-02
    ATKINSON, Keith Andrew resigned
    secretary
  43. 2002-10-02
    BELL, Craig Anthony appointed
    secretary
  44. 2002-10-02
    BELL, Craig Anthony appointed
    director
  45. 2000-11-15
    BARANY, David resigned
    director
  46. 2000-11-15
    MORGAN, David resigned
    director
  47. 2000-04-10
    🔓
    Charge satisfied #3
  48. 2000-04-10
    🔓
    Charge satisfied #2
  49. 2000-04-10
    🔓
    Charge satisfied #1
  50. 2000-03-27
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
Showing most recent 50 of 76 events

Owner dependency

85/100
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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 29 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
high

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

Evidence: Dissolved on 2010-11-09

6 insolvency-related filings on record
high

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

Evidence: 2010-11-09: gazette-dissolved-liquidation; 2010-08-09: liquidation-in-administration-move-to-dissolution-with-case-end-date

Charge satisfaction-then-recreation pattern
medium

Multiple 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 →

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🔒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
Incorporated1997-09-26
Jurisdictionengland-wales
Primary SIC5510 — SIC 5510

Registered office

C/O BDO STOY HAYWARD LLP
3 Hardman Street
Manchester
M3 3AT

Filing status

Accounts
Next due:
Last made up to: 2008-06-30
Confirmation statement
Next due:
Last:

Officers (0 active · 18 resigned)

ARTHUR, Wayne Anthony
secretary · appointed 2008-07-28
View their other companies + combined net worth →
Active
ARTHUR, Wayne Anthony
director · ~51y · appointed 2008-07-28
View their other companies + combined net worth →
Active
ATKINSON, Keith Andrew
secretary · appointed 1999-12-20 · resigned 2002-10-02
Resigned
BELL, Craig Anthony
secretary · appointed 2002-10-02 · resigned 2008-07-28
Resigned
FORREST, Graham Stuart Lindsay
secretary · appointed 1999-07-05 · resigned 1999-08-17
Resigned
GUY, Robert George
secretary · appointed 1997-10-10 · resigned 1999-07-05
Resigned
HUGHES, Paul
secretary · appointed 1999-08-17 · resigned 1999-12-20
Resigned
JL NOMINEES TWO LIMITED
corporate-nominee-secretary · appointed 1997-09-26 · resigned 1997-10-10
Resigned
BARANY, David
director · ~73y · appointed 1998-02-01 · resigned 2000-11-15
Resigned
BELL, Craig Anthony
director · ~55y · appointed 2002-10-02 · resigned 2008-08-29
Resigned
FORREST, Graham Stuart Lindsay
director · ~64y · appointed 1998-09-30 · resigned 1999-08-17
Resigned
JONES, Mark Vincent
director · ~66y · appointed 2006-10-18 · resigned 2008-10-20
Resigned
MORGAN, David
director · ~78y · appointed 1998-02-01 · resigned 2000-11-15
Resigned
PITHER, Jon Peter
director · ~92y · appointed 1999-01-01 · resigned 2004-06-15
Resigned
RANKIN, Allan
director · ~66y · appointed 1997-10-10 · resigned 2005-08-19
Resigned
RANKIN, Stephen
director · ~62y · appointed 1998-02-01 · resigned 1999-07-05
Resigned
ROWLINSON, Colin
director · ~60y · appointed 2005-08-19 · resigned 2006-10-18
Resigned
SENIOR, Robert Fraser
director · ~72y · appointed 1998-02-01 · resigned 2005-08-19
Resigned
WILLIAMSON, Charles
director · ~70y · appointed 2008-10-20 · resigned 2009-08-04
Resigned
JL NOMINEES ONE LIMITED
corporate-nominee-director · appointed 1997-09-26 · resigned 1997-10-10
Resigned

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

Mortgages & charges

6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property27/03/200006/07/2007
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property27/03/200006/07/2007
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property27/03/2000
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property05/05/199810/04/2000
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property05/05/199810/04/2000
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property12/12/199710/04/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

gazette-dissolved-liquidation
gazette · GAZ2
2010-11-09
liquidation-in-administration-move-to-dissolution-with-case-end-date
insolvency · 2.35B
2010-08-09
liquidation-in-administration-progress-report-with-brought-down-date
insolvency · 2.24B
2010-03-10
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · 2.16B
2010-02-02
resolution
resolution · RESOLUTIONS
2010-01-19
change-of-name-notice
change-of-name · CONNOT
2009-12-30
liquidation-in-administration-proposals
insolvency · 2.17B
2009-09-30
liquidation-in-administration-appointment-of-administrator
insolvency · 2.12B
2009-08-27
legacy
officers · 288b
2009-08-11
legacy
address · 287
2009-08-10
accounts-with-made-up-date
accounts · AA
2009-05-16
legacy
address · 287
2009-02-20
legacy
annual-return · 363a
2008-12-15
legacy
officers · 288a
2008-10-31
legacy
officers · 288b
2008-10-31