05195050 LIMITED

🌳Matureactive
05195050 · ltd · incorporated 2004-08-02
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
46/100
Watch
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What this business does
Primary activity: SIC 4521
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 46/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 21.4y

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 21.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (49/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒For-sale listings overlay

1 public broker listing match this company. Unlock to see asking price, broker, and our match confidence.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
46/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
65
Some acquirability indicators.
Risk profile
23
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 insolvency
Last 180 days
3
filings
  • 3 insolvency
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-02-18
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  2. 2026-02-03
    ⚠️
    liquidation-receiver-cease-to-act-receiver
    insolvency · RM02
  3. 2025-11-18
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  4. 2025-05-29
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  5. 2024-05-25
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  6. 2014-02-10
    📄
    restoration-order-of-court
    restoration · AC92
  7. 2014-02-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2010-12-14
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  9. 2010-08-31
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  10. 2009-09-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2009-09-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2009-07-30
    📍
    legacy
    address · 287
  13. 2009-07-22
    📍
    legacy
    address · 287
  14. 2008-09-03
    📄
    legacy
    annual-return · 363a
  15. 2007-12-22
    📄
    legacy
    mortgage · 395
  16. 2007-12-06
    🔒
    Charge registered #3
    Lender: Capital Home Loans Limited
  17. 2007-10-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2007-08-16
    📄
    legacy
    annual-return · 363a
  19. 2006-08-23
    📄
    legacy
    annual-return · 363a
  20. 2006-07-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2005-08-24
    📄
    legacy
    annual-return · 363a
  22. 2004-12-10
    📄
    legacy
    mortgage · 395
  23. 2004-12-09
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  24. 2004-12-07
    📄
    legacy
    mortgage · 395
  25. 2004-11-30
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  26. 2004-08-09
    📄
    legacy
    officers · 288a
  27. 2004-08-09
    📄
    legacy
    officers · 288a
  28. 2004-08-09
    📄
    legacy
    officers · 288b
  29. 2004-08-02
    🏢
    Company incorporated
    As 05195050 LIMITED
  30. 2004-08-02
    MILLAR, Wayne Brendan appointed
    secretary
  31. 2004-08-02
    DAVIES, Wayne appointed
    director
  32. 2004-08-02
    MILLAR, Wayne Brendan appointed
    director
  33. 2004-08-02
    SAME-DAY COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  34. 2004-08-02
    SAME-DAY COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  35. 2004-08-02
    WILDMAN & BATTELL LIMITED appointed
    corporate-nominee-director
  36. 2004-08-02
    WILDMAN & BATTELL LIMITED resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 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.

Red flags

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2010-05-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-08-16

5 insolvency-related filings on record
high

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

Evidence: 2026-02-18: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2026-02-03: liquidation-receiver-cease-to-act-receiver

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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

12 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.

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Company details

Statusactive
Typeltd
Incorporated2004-08-02
Jurisdictionengland-wales
Primary SIC4521 — SIC 4521

Registered office

45-49 Greek Street
Stockport
Cheshire
SK3 8AX

Filing status

Accounts
Next due: 2010-05-31OVERDUE
Last made up to: 2008-08-31
Confirmation statement
Next due: 2016-08-16OVERDUE
Last:

Officers (3 active · 2 resigned)

MILLAR, Wayne Brendan
secretary · appointed 2004-08-02
View their other companies + combined net worth →
Active
DAVIES, Wayne
director · ~56y · appointed 2004-08-02
View their other companies + combined net worth →
Active
MILLAR, Wayne Brendan
director · ~57y · appointed 2004-08-02
View their other companies + combined net worth →
Active
SAME-DAY COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 2004-08-02 · resigned 2004-08-02
Resigned
WILDMAN & BATTELL LIMITED
corporate-nominee-director · appointed 2004-08-02 · resigned 2004-08-02
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Capital Home Loans
Capital Home Loans Limited
Deed of charge1 property06/12/2007
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property09/12/2004
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property30/11/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2026-02-18
liquidation-receiver-cease-to-act-receiver
insolvency · RM02
2026-02-03
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2025-11-18
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2025-05-29
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2024-05-25
restoration-order-of-court
restoration · AC92
2014-02-10
certificate-change-of-name-company
change-of-name · CERTNM
2014-02-10
gazette-dissolved-compulsary
gazette · GAZ2
2010-12-14
gazette-notice-compulsary
gazette · GAZ1
2010-08-31
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-09-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-09-18
legacy
address · 287
2009-07-30
legacy
address · 287
2009-07-22
legacy
annual-return · 363a
2008-09-03
legacy
mortgage · 395
2007-12-22