SITI 2
⚰️Wound downdissolved
04257040 · private-unlimited · incorporated 2001-07-23
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 18.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 75). 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: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · oldest 18.4y
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 18.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (51/100)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
9 officers (3 active, 9 linked, 8 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
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 (44 events)Click to expand
- 2012-02-15⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2012-02-15🏁Company dissolved
- 2011-11-15⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2011-09-06⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-08-02📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-08-02⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2010-08-02⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2010-08-02📄resolutionresolution · RESOLUTIONS
- 2009-08-11📄legacymortgage · 395
- 2009-08-05📄legacymortgage · 395
- 2009-07-24📄legacyannual-return · 363a
- 2009-07-23🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2009-01-27📄legacyofficers · 288c
- 2009-01-27📄legacyofficers · 288c
- 2009-01-27📄legacyofficers · 288c
- 2009-01-23📍legacyaddress · 287
- 2009-01-22📄legacyofficers · 288b
- 2009-01-22📄legacyofficers · 288a
- 2009-01-22📄legacyofficers · 288a
- 2009-01-20📄accounts-with-accounts-type-fullaccounts · AA
- 2008-12-17➕BROAD, Donald Andrew Robertson appointeddirector
- 2008-11-28➕CAMERON, Sarah Louise appointeddirector
- 2008-11-28➖PENN, David Alfred resigneddirector
- 2008-08-19📄legacyannual-return · 363a
- 2008-05-19📄accounts-with-accounts-type-fullaccounts · AA
- 2007-11-21📄legacymortgage · 395
- 2007-11-15🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2007-08-28📄legacyofficers · 288b
- 2007-08-09📄legacyannual-return · 363a
- 2007-07-31➖NORRIS, Guy Mervyn resigneddirector
- 2007-06-04📄accounts-with-accounts-type-fullaccounts · AA
- 2006-08-21📄legacyannual-return · 363a
- 2005-12-07➖AUBREY, Stephen John resigneddirector
- 2005-12-07➖MASON, Peter Robert resigneddirector
- 2005-12-07➕NORRIS, Guy Mervyn appointeddirector
- 2004-07-22➕AUBREY, Stephen John appointeddirector
- 2004-07-22➕PENN, David Alfred appointeddirector
- 2001-10-31➖FLOWERDAY, David Nicholas resigneddirector
- 2001-10-31➖THOMSON, Alan Matthew resigneddirector
- 2001-07-23🏢Company incorporatedAs SITI 2
- 2001-07-23➕BURDETT, Neil Robert appointedsecretary
- 2001-07-23➕FLOWERDAY, David Nicholas appointeddirector
- 2001-07-23➕MASON, Peter Robert appointeddirector
- 2001-07-23➕THOMSON, Alan Matthew appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
89/100
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 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 25 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-02-15
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-02-15: gazette-dissolved-liquidation; 2011-11-15: liquidation-voluntary-members-return-of-final-meeting
🔒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
Active · Professional services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 01 ALPHATECH SYSTEMS LIMITED→ 09868899 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 1 DIGITAL-SHELF LTD→ 16417389 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1 OF 1 CONSULTANCY LTD→ 16963869 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 103 VENTURES LTD→ 14563612 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 104 IMPACT PARTNERS LTD→ 16344386 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 11 ARCHER SECURITY GROUP LTD→ 16889190 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 11:FS GROUP LIMITED→ 10103078 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 11HA LTD→ 16901676 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 121 CONSULTANCY SERVICES LIMITED→ 17028558 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 121.COLLECTIVE LTD→ 11690109 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1440 CONSULTANCY LTD→ 16804306 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 15/16 SS LIMITED→ 16706245 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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
Typeprivate-unlimited
Incorporated2001-07-23
Jurisdictionengland-wales
Primary SIC7415 — SIC 7415
Registered office
KPMG LLP
8 Salisbury Square
London
EC4Y 8BB
Filing status
Accounts
Next due: —
Last made up to: 2008-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
BURDETT, Neil Robert→
Activesecretary · appointed 2001-07-23
View their other companies + combined net worth →
BROAD, Donald Andrew Robertson→
Activedirector · ~75y · appointed 2008-12-17
View their other companies + combined net worth →
CAMERON, Sarah Louise→
Activedirector · ~62y · appointed 2008-11-28
View their other companies + combined net worth →
AUBREY, Stephen John→
Resigneddirector · ~77y · appointed 2004-07-22 · resigned 2005-12-07
FLOWERDAY, David Nicholas→
Resigneddirector · ~74y · appointed 2001-07-23 · resigned 2001-10-31
MASON, Peter Robert→
Resigneddirector · ~64y · appointed 2001-07-23 · resigned 2005-12-07
NORRIS, Guy Mervyn→
Resigneddirector · ~80y · appointed 2005-12-07 · resigned 2007-07-31
PENN, David Alfred→
Resigneddirector · ~68y · appointed 2004-07-22 · resigned 2008-11-28
THOMSON, Alan Matthew→
Resigneddirector · ~80y · appointed 2001-07-23 · resigned 2001-10-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Amending agreement to an omnibus guarantee and set-off agreement dated 15TH november 2007 and | 1 property | 23/07/2009 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Omnibus guarantee and set-off agreement | 1 property | 15/11/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (59 total)
gazette-dissolved-liquidation
gazette · GAZ2
2012-02-15
liquidation-voluntary-members-return-of-final-meeting
insolvency · 4.71
2011-11-15
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2011-09-06
change-registered-office-address-company-with-date-old-address
address · AD01
2010-08-02
liquidation-voluntary-declaration-of-solvency
insolvency · 4.70
2010-08-02
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2010-08-02
resolution
resolution · RESOLUTIONS
2010-08-02
legacy
mortgage · 395
2009-08-11
legacy
mortgage · 395
2009-08-05
legacy
annual-return · 363a
2009-07-24
legacy
officers · 288c
2009-01-27
legacy
officers · 288c
2009-01-27
legacy
officers · 288c
2009-01-27
legacy
address · 287
2009-01-23
legacy
officers · 288b
2009-01-22