RESTORATION DRY CLEANING NETWORK LIMITED
- · Oldest live charge 22.7y old — refinance window within 12 months
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (65/100, director aged 60). 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 (58/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 22.7y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (40 events)Click to expand
- 2012-09-15⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2012-09-15🏁Company dissolved
- 2012-06-15⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2011-09-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2010-08-09📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-08-05⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2010-08-05⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2010-08-05📄resolutionresolution · RESOLUTIONS
- 2010-06-25✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2010-06-25✏️change-of-name-noticechange-of-name · CONNOT
- 2010-06-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-02-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-08-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-03-23📄legacyannual-return · 363a
- 2008-12-04📄accounts-with-accounts-type-smallaccounts · AA
- 2008-09-25📄legacyofficers · 288b
- 2008-09-24📄legacyofficers · 288a
- 2008-09-24📄legacyofficers · 288b
- 2008-08-01➕COUSINEAU, Evelyn Mary appointedsecretary
- 2008-08-01➖UFER, Robert resignedsecretary
- 2008-08-01➖UFER, Robert resigneddirector
- 2008-08-01➖WUDYKA, Wayne resigneddirector
- 2008-04-18📍legacyaddress · 287
- 2008-03-06📄accounts-with-accounts-type-smallaccounts · AA
- 2007-12-18📄legacyannual-return · 363a
- 2006-12-20📄legacyannual-return · 363s
- 2006-11-27📄accounts-with-accounts-type-smallaccounts · AA
- 2006-02-14📄legacyannual-return · 363s
- 2005-11-09📄accounts-with-accounts-type-smallaccounts · AA
- 2004-12-17📄legacyannual-return · 363s
- 2003-08-05🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2002-12-10➕COUSINEAU, Paul Alain appointeddirector
- 2002-12-10➕UFER, Robert appointedsecretary
- 2002-12-10➖EVERSECRETARY LIMITED resignedcorporate-nominee-secretary
- 2002-12-10➕UFER, Robert appointeddirector
- 2002-12-10➕WUDYKA, Wayne appointeddirector
- 2002-12-10➖EVERDIRECTOR LIMITED resignedcorporate-nominee-director
- 2001-12-28🏢Company incorporatedAs RESTORATION DRY CLEANING NETWORK LIMITED
- 2001-12-28➕EVERSECRETARY LIMITED appointedcorporate-nominee-secretary
- 2001-12-28➕EVERDIRECTOR LIMITED appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 60. 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 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-09-15
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-09-15: gazette-dissolved-liquidation; 2012-06-15: liquidation-voluntary-creditors-return-of-final-meeting
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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 →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
Registered office
Filing status
Officers (0 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deposit agreement to secure own liabilities | 1 property | 05/08/2003 | — |