TERMINUS 34 LIMITED

⚰️Wound downdissolved
05037516 · ltd · incorporated 2004-02-06
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
65/100
Strong
🔔
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What this business does
Primary activity: SIC 2222
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 21.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (53/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
14 officers (4 active, 14 linked, 12 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
25 connected companies via shared directors
90
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (55 events)Click to expand
  1. 2011-12-13
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-12-13
    🏁
    Company dissolved
  3. 2011-08-30
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-08-17
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2011-05-12
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2011-05-12
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  7. 2011-02-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2010-02-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2010-02-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2010-01-27
    GOODWIN, Alan James appointed
    director
  11. 2010-01-27
    📄
    appoint-person-director-company-with-name
    officers · AP01
  12. 2009-10-22
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2009-06-23
    📄
    accounts-with-made-up-date
    accounts · AA
  14. 2009-05-01
    📄
    legacy
    officers · 288a
  15. 2009-04-30
    📄
    legacy
    officers · 288b
  16. 2009-04-09
    JOHNSTON, Peter Douglas appointed
    director
  17. 2009-04-09
    TIMMINS, Richard Keith resigned
    director
  18. 2009-02-13
    📄
    legacy
    annual-return · 363a
  19. 2008-05-30
    📍
    legacy
    address · 287
  20. 2008-04-17
    📄
    accounts-with-made-up-date
    accounts · AA
  21. 2008-02-14
    📄
    legacy
    annual-return · 363a
  22. 2008-02-01
    📄
    legacy
    officers · 288a
  23. 2008-01-07
    TIMMINS, Richard Keith appointed
    director
  24. 2007-08-15
    📄
    legacy
    officers · 288b
  25. 2007-08-10
    JOHNSTON, Peter Douglas resigned
    director
  26. 2007-08-10
    📄
    accounts-with-made-up-date
    accounts · AA
  27. 2007-03-14
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2007-02-16
    📄
    legacy
    annual-return · 363a
  29. 2006-03-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2006-03-02
    📄
    legacy
    annual-return · 363a
  31. 2006-01-20
    📄
    legacy
    officers · 288b
  32. 2006-01-01
    ASHFIELD, John George resigned
    director
  33. 2004-10-28
    HEARN, Catherine Ann appointed
    director
  34. 2004-10-28
    ASHFIELD, John George appointed
    director
  35. 2004-10-28
    MAHONEY, James resigned
    director
  36. 2004-08-24
    🔓
    Charge satisfied #1
  37. 2004-07-29
    🔒
    Charge registered #3
    Lender: J.P. Morgan Europe Limited (As Security Trustee for the Secured Parties)
  38. 2004-07-29
    🔒
    Charge registered #2
    Lender: J.P. Morgan Europe Limited as Security Trustee for Itself and for the Other Secured Parties
  39. 2004-07-26
    HIBBERT, Barry Alan resigned
    director
  40. 2004-07-23
    DE BOYSSON, Tristan Marie Henri resigned
    director
  41. 2004-07-23
    HEARN, Catherine Ann resigned
    director
  42. 2004-07-23
    MIDDELHOFF, Thomas resigned
    director
  43. 2004-06-30
    MIDDELHOFF, Thomas appointed
    director
  44. 2004-06-29
    YEA, Philip Edward resigned
    director
  45. 2004-06-21
    🔒
    Charge registered #1
    Lender: Investcorp Funding Limited (The Noteholder)
  46. 2004-06-11
    GOODWIN, Alan appointed
    secretary
  47. 2004-06-11
    BRIDGES, Clive resigned
    secretary
  48. 2004-02-06
    🏢
    Company incorporated
    As TERMINUS 34 LIMITED
  49. 2004-02-06
    BRIDGES, Clive appointed
    secretary
  50. 2004-02-06
    DE BOYSSON, Tristan Marie Henri appointed
    director
Showing most recent 50 of 55 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

1 high ·
Company dissolved
high

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

Evidence: Dissolved on 2011-12-13

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2004-02-06
Jurisdictionengland-wales
Primary SIC2222 — SIC 2222

Registered office

1 Apex Business Centre
Boscombe Road
Dunstable
Bedfordshire
LU5 4SB

Filing status

Accounts
Next due:
Last made up to: 2009-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 10 resigned)

GOODWIN, Alan
secretary · appointed 2004-06-11
View their other companies + combined net worth →
Active
GOODWIN, Alan James
director · ~60y · appointed 2010-01-27
View their other companies + combined net worth →
Active
HEARN, Catherine Ann
director · ~69y · appointed 2004-10-28
View their other companies + combined net worth →
Active
JOHNSTON, Peter Douglas
director · ~63y · appointed 2009-04-09
View their other companies + combined net worth →
Active
BRIDGES, Clive
secretary · appointed 2004-02-06 · resigned 2004-06-11
Resigned
ASHFIELD, John George
director · ~77y · appointed 2004-10-28 · resigned 2006-01-01
Resigned
DE BOYSSON, Tristan Marie Henri
director · ~64y · appointed 2004-02-06 · resigned 2004-07-23
Resigned
HEARN, Catherine Ann
director · ~69y · appointed 2004-02-06 · resigned 2004-07-23
Resigned
HIBBERT, Barry Alan
director · ~66y · appointed 2004-02-06 · resigned 2004-07-26
Resigned
JOHNSTON, Peter Douglas
director · ~63y · appointed 2004-02-06 · resigned 2007-08-10
Resigned
MAHONEY, James
director · ~54y · appointed 2004-02-06 · resigned 2004-10-28
Resigned
MIDDELHOFF, Thomas
director · ~73y · appointed 2004-06-30 · resigned 2004-07-23
Resigned
TIMMINS, Richard Keith
director · ~66y · appointed 2008-01-07 · resigned 2009-04-09
Resigned
YEA, Philip Edward
director · ~72y · appointed 2004-02-06 · resigned 2004-06-29
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
J.P. Morgan Europe (As Security Trustee for the Secured Parties)
J.P. Morgan Europe Limited (As Security Trustee for the Secured Parties)
Accession to second ranking guarantee and debenture1 property29/07/2004
outstanding
J.P. Morgan Europe as Security Trustee for Itself and for the Other Secured Parties
J.P. Morgan Europe Limited as Security Trustee for Itself and for the Other Secured Parties
Amendment and accession deed (in relation to a composite guarantee and debenture dated 19 june 1998)1 property29/07/2004
satisfied
Investcorp Funding (The Noteholder)
Investcorp Funding Limited (The Noteholder)
Debenture1 property21/06/200424/08/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-12-13
gazette-notice-voluntary
gazette · GAZ1(A)
2011-08-30
dissolution-application-strike-off-company
dissolution · DS01
2011-08-17
resolution
resolution · RESOLUTIONS
2011-05-12
change-of-name-notice
change-of-name · CONNOT
2011-05-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-24
accounts-with-accounts-type-dormant
accounts · AA
2010-02-06
appoint-person-director-company-with-name
officers · AP01
2010-01-27
change-person-secretary-company-with-change-date
officers · CH03
2009-10-22
accounts-with-made-up-date
accounts · AA
2009-06-23
legacy
officers · 288a
2009-05-01
legacy
officers · 288b
2009-04-30
legacy
annual-return · 363a
2009-02-13
legacy
address · 287
2008-05-30