BGC LTD
⚰️Wound downdissolved
04476739 · ltd · incorporated 2002-07-03
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
43/100
Watch
What this business does
Primary activity: SIC 4533
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 43/100 (watch), bankability 32/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 23.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
14 officers (0 active, 14 linked, 12 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
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
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 (67 events)Click to expand
- 2018-09-21⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2018-09-21🏁Company dissolved
- 2018-06-21⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2018-04-13⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2017-04-20⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-11-21⚠️liquidation-miscellaneousinsolvency · LIQ MISC
- 2016-09-27⚠️liquidation-miscellaneousinsolvency · LIQ MISC
- 2016-08-08⚠️liquidation-miscellaneousinsolvency · LIQ MISC
- 2016-08-08⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2016-06-24⚠️liquidation-court-order-miscellaneousinsolvency · LIQ MISC OC
- 2016-06-24⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2016-06-24⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2016-02-12⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2015-04-13⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-03-07⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2014-02-13⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2014-02-13⚠️liquidation-court-order-miscellaneousinsolvency · LIQ MISC OC
- 2014-02-13⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2013-02-15⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2013-02-05⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2012-09-10⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2012-04-12⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · F2.18
- 2012-03-30⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · 2.16B
- 2012-03-28⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2012-03-07📄termination-director-company-with-nameofficers · TM01
- 2012-03-07📄termination-director-company-with-nameofficers · TM01
- 2012-03-06➖DAVIES, Mark resigneddirector
- 2012-03-06➖HOWELL, Susan resigneddirector
- 2012-03-06➖SIMS, Mark resigneddirector
- 2012-03-01➖CLOUGH, Michael Anthony resigneddirector
- 2012-02-04🔓Charge satisfied #3
- 2011-09-20➕HOWELL, Susan appointeddirector
- 2011-09-06➖HANCOCK, Steven Robert resigneddirector
- 2011-07-14➖WRIGHT, Steven Tony resigneddirector
- 2011-03-10🔒Charge registered #8Lender: Hsbc Bank PLC
- 2011-03-10🔒Charge registered #7Lender: Hsbc Bank PLC
- 2011-01-25🔒Charge registered #6Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
- 2011-01-25🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
- 2010-12-07🔓Charge satisfied #4
- 2010-11-25➕DAVIES, Mark appointeddirector
- 2010-11-25➕WRIGHT, Steven Tony appointeddirector
- 2010-07-21🔒Charge registered #4Lender: Mr Nigel Wray
- 2010-06-30🔓Charge satisfied #2
- 2010-06-16🔒Charge registered #3Lender: National Westminster Bank PLC
- 2010-06-14➖XL SECRETARIES LIMITED resignedcorporate-secretary
- 2010-06-14➖SMITH, Martin Derek resigneddirector
- 2010-02-08➕CLOUGH, Michael Anthony appointeddirector
- 2009-07-17➖PARSONS, John Christopher David resigneddirector
- 2008-11-21➖MCGOWAN, Neil Grant resigneddirector
- 2008-11-21➖PITHER, Jon Peter resigneddirector
Showing most recent 50 of 67 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-09-21
23 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2018-09-21: gazette-dissolved-liquidation; 2018-06-21: liquidation-voluntary-creditors-return-of-final-meeting
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
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|---|---|---|---|---|---|---|---|
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| 2030 AUTO CARE LIMITED→ 10878958 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| 24HR MOBILE TYRES FITTING SERVICE LTD→ 14367554 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 36 AUTOMOTIVES LTD→ 15670186 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5 STAR CRYSTAL CLEAR SERVICES LTD→ 11390421 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 5G MOTORS LTD→ 14886882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A 1 WINDSCREENS (UK) LTD→ 07444972 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A 2 B ALLOYS LTD→ 13715040 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.
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See pricing →Company details
Statusdissolved
Typeltd
Incorporated2002-07-03
Jurisdictionengland-wales
Primary SIC4533 — SIC 4533
Registered office
3 Hardman Street
Spinningfields
Manchester
Lancashire
M3 3AT
Filing status
Accounts
Next due: —
Last made up to: 2011-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 14 resigned)
SIMS, Susan→
Resignedsecretary · appointed 2002-07-03 · resigned 2007-09-06
XL SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2007-09-06 · resigned 2010-06-14
CLOUGH, Michael Anthony→
Resigneddirector · ~73y · appointed 2010-02-08 · resigned 2012-03-01
DAVIES, Mark→
Resigneddirector · ~66y · appointed 2010-11-25 · resigned 2012-03-06
HANCOCK, Dawn Marie→
Resigneddirector · ~60y · appointed 2003-12-08 · resigned 2007-09-06
HANCOCK, Steven Robert→
Resigneddirector · ~61y · appointed 2002-09-12 · resigned 2011-09-06
HOWELL, Susan→
Resigneddirector · ~55y · appointed 2011-09-20 · resigned 2012-03-06
MCGOWAN, Neil Grant→
Resigneddirector · ~88y · appointed 2007-09-06 · resigned 2008-11-21
PARSONS, John Christopher David→
Resigneddirector · ~81y · appointed 2007-09-06 · resigned 2009-07-17
PITHER, Jon Peter→
Resigneddirector · ~92y · appointed 2007-09-06 · resigned 2008-11-21
SIMS, Mark→
Resigneddirector · ~54y · appointed 2002-07-03 · resigned 2012-03-06
SIMS, Susan→
Resigneddirector · ~53y · appointed 2003-12-08 · resigned 2007-09-06
SMITH, Martin Derek→
Resigneddirector · ~63y · appointed 2008-11-21 · resigned 2010-06-14
WRIGHT, Steven Tony→
Resigneddirector · ~58y · appointed 2010-11-25 · resigned 2011-07-14
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
4
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal assignment | 1 property | 10/03/2011 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 10/03/2011 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD (the Security Holder) | Floating charge (all assets) | 1 property | 25/01/2011 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on purchased debts which fail to vest | 1 property | 25/01/2011 | — | |
| satisfied | Mr Nigel Wray | Debenture | 1 property | 21/07/2010 | 07/12/2010 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 16/06/2010 | 04/02/2012 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 06/09/2007 | 30/06/2010 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 04/04/2003 | 14/09/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
gazette-dissolved-liquidation
gazette · GAZ2
2018-09-21
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2018-06-21
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2018-04-13
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2017-04-20
liquidation-miscellaneous
insolvency · LIQ MISC
2016-11-21
liquidation-miscellaneous
insolvency · LIQ MISC
2016-09-27
liquidation-miscellaneous
insolvency · LIQ MISC
2016-08-08
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2016-08-08
liquidation-court-order-miscellaneous
insolvency · LIQ MISC OC
2016-06-24
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2016-06-24
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2016-06-24
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2016-02-12
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2015-04-13
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2014-03-07
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2014-02-13