ALLIED INDEPENDENT PLC (04139410): Corporate Intelligence Profile
Executive Summary
ALLIED INDEPENDENT PLC (company number 04139410) is a UK public limited company incorporated on 11 January 2001, currently holding an active status subject to a proposal to strike off. The company historically operated as a dormant entity under section 1169 of the Companies Act 2006, maintaining a net balance sheet deficit driven by liabilities owed to associated companies and a director. Recent filing movements as of July 2024 reflect a capital restructuring to £50,000 share capital alongside an increase in other debtors, transforming net assets to a positive £2,420 prior to the pending dissolution process.
For corporate finance advisers, lenders, and counterparty risk teams, this company presents a classic intelligence review scenario: a small public limited company undergoing registry strike-off while carrying intercompany obligations. Access the full corporate summary on [ALLIED INDEPENDENT PLC](/company/04139410) for raw filing data.
Corporate Profile and Governance Structure
ALLIED INDEPENDENT PLC operates from its registered office at 132 Burnt Ash Road, Lee, London, SE12 8PU. It is classified under Standard Industrial Classification (SIC) code 82990, covering other business support service activities not elsewhere classified.
Governance is maintained by two officers listed in statutory dormant filings:
- Mr S Smith: Director and majority shareholder holding overall control of the company.
- Mr R Dunk: Director and Company Secretary.
Ownership and control are highly concentrated. Statutory disclosures in dormant financial statements confirm that Mr S Smith exercises ultimate control through his majority equity holding. The corporate structure involves direct intercompany relationships with four associated entities:
1. The Executor Company Limited
2. Ladywell Properties Limited
3. The Wills Register Limited
4. IHS Legal Services Limited
Cross-directorships and common equity holdings link ALLIED INDEPENDENT PLC directly to these entities, which act as primary creditors for the company's historical operating liabilities.
What the Financial Numbers Show
Evaluating the financial position of ALLIED INDEPENDENT PLC requires separating authentic UK statutory filings from registry data extraction artifacts.
Balance Sheet Evolution
For the financial years ended 31 January 2021 and 31 January 2023, ALLIED INDEPENDENT PLC filed dormant accounts under section 480 of the Companies Act 2006, claiming audit exemption. During these periods, the balance sheet remained static:
- Current Liabilities: £34,911
- Share Capital: £12,669
- Retained Earnings: -£47,580
- Net Assets: -£34,911
The £34,911 liability comprised £31,578 owed to associated entities (The Executor Company Limited, Ladywell Properties Limited, The Wills Register Limited, and IHS Legal Services Limited) and £3,333 owed to Mr S Smith as an interest-free loan with no fixed repayment terms.
In the period ended 29 July 2024, the balance sheet underwent significant realignment. Share capital was restructured to £50,000, aligning with the statutory minimum nominal share capital requirement for UK public limited companies under section 763 of the Companies Act 2006. Concurrently, other debtors of £37,331 were recognized against other creditors of £34,911, yielding a positive net asset position of £2,420. Employee headcounts remained at zero throughout all verified periods.
| Accounting Period End | Status / Source | Share Capital (£) | Retained Earnings (£) | Current Liabilities (£) | Net Assets (£) | Employee Count |
| :--- | :--- | :--- | :--- | :--- | :--- | :--- |
| 29/07/2024 | Unaudited Accounts | 50,000 | -47,580 | 34,911 | 2,420 | 0 |
| 31/01/2023 | Dormant Accounts | 12,669 | -47,580 | 34,911 | -34,911 | 0 |
| 31/01/2021 | Dormant Accounts | 12,669 | -47,580 | 34,911 | -34,911 | 0 |
Identification of Foreign Registry Data Discrepancies
When conducting digital corporate intelligence automated extraction runs, data analysts may encounter secondary records for the periods ending 31 December 2021 and 31 January 2022 displaying figures in billions of pounds (e.g., turnover exceeding £19 billion and net assets exceeding £6.5 billion).
Forensic evaluation confirms that these figures belong to Chemical and Allied Products PLC (CAP PLC), a major Nigerian paint manufacturer listed on the Nigerian Exchange and owned by UAC of Nigeria PLC. This represents a document index collision where third-party filing aggregators improperly tagged foreign disclosures to UK company registration number 04139410. Corporate intelligence professionals must discard those records when assessing the solvency or capital adequacy of ALLIED INDEPENDENT PLC.
Gazette Activity and Dissolution Filings
ALLIED INDEPENDENT PLC is currently designated as "active - proposal to strike off".
When a company enters this status on the Companies House register, it indicates that compulsory or voluntary dissolution procedures have been initiated. Under section 1000 of the Companies Act 2006, the Registrar of Companies may move to strike off a company if there is reasonable cause to believe it is no longer operating or carrying on business. Alternatively, directors may submit Form DS01 under section 1003 for voluntary striking off.
To establish whether dissolution is driven by administrative enforcement or insolvency proceedings, practitioners should check statutory notices in The Gazette and perform a check any UK company for a winding up petition. A pending winding-up petition or outstanding petition presented by HMRC will suspend administrative strike-off action.
Additionally, performing a company charge check is essential to confirm whether any fixed or floating debentures are registered against the company assets prior to striking off.
Risk Indicators and Due Diligence Framework
When evaluating a dormant public limited company undergoing strike-off with historical intercompany debt, corporate investigators and legal advisers should follow a structured verification cadence.
Forensic Review Checklist for Struck-Off PLCs
1. Verify Capital Adequacy Compliance: Confirm whether the increase in share capital to £50,000 in July 2024 involved cash consideration or capitalization of existing intercompany debt.
2. Inspect Intercompany Debt Settlement: Review whether the £31,578 owed to associated companies (The Executor Company Limited, Ladywell Properties Limited, The Wills Register Limited, IHS Legal Services Limited) was formally released, assigned, or settled prior to strike-off application.
3. Evaluate Director Loan Treatment: Determine if the £3,333 director loan owed to Mr S Smith was repaid or waived under FRS 102 accounting standards.
4. Confirm Tax and Filing Clearances: Verify that HMRC has not lodged an objection to the striking off under section 1002 of the Companies Act 2006 in relation to unpaid corporation tax or administrative penalties.
5. Monitor Gazette Period: Track the two-month window from the publication of the First Gazette Notice to ensure no interested creditor or shareholder files an objection to dissolution.
Realistic Scenario: Tracing Debt and Share Capital Prior to Dissolution
Consider an adviser acting for a creditor of an associated group entity. The associated entity holds an outstanding loan balance against ALLIED INDEPENDENT PLC (£31,578 as recorded in 2023 filings). The creditor seeks to understand whether striking off ALLIED INDEPENDENT PLC will impair asset recovery or conceal intercorporate asset transfers.
Upon reviewing the July 2024 filing, the analyst observes that net assets shifted from negative £34,911 to positive £2,420 through the introduction of £37,331 in "other debtors" and an increase in share capital to £50,000.
By cross-referencing statutory filings, the analyst establishes two possibilities:
- Scenario A: Equity was injected by Mr S Smith to satisfy the £50,000 nominal share capital minimum for public limited companies, creating an offsetting intercompany receivable.
- Scenario B: Existing debts were restructured via debt-for-equity swap, leaving nominal assets subject to final distribution upon striking off.
Without conducting a direct inquiry or reviewing the form SH01 (Return of Allotment of Shares), striking off would cause any remaining uncollected debtors to pass to the Crown as bona vacantia under section 1012 of the Companies Act 2006. The adviser immediately files an objection to striking off with the Registrar to preserve the entity while debt settlement agreements are verified.
Manual Validation vs Corp Intel Automated Tracking
Performing thorough due diligence on companies undergoing registry status changes involves routine checks across multiple public registers.
The Manual Validation Method
Practitioners manually searching company status must:
1. Download historical financial filings (AA02 dormant accounts or full balance sheets) from the Companies House portal.
2. Cross-examine director appointment indexes to map cross-directorships across associated entities like The Executor Company Limited or Ladywell Properties Limited.
3. Monitor the London Gazette manually for First and Second Gazette notices to track strike-off timelines.
4. Check High Court list registries to verify that no petition for compulsory liquidation has been filed.
The Corp Intel Method
Using automated intelligence platforms streamlines this process by consolidating filing histories, cross-directorships, and insolvency registries into a single view. Instead of manually inspecting individual accounts to spot accounting discrepancies or intercompany debt shifts, corporate intelligence workflows flag balance sheet restructures, Gazette announcements, and registry status changes automatically.
To avoid missing sudden statutory filings or strike-off objections, advisers can set up free company monitoring to receive real-time alerts on any UK registered corporate entity.
Frequently Asked Questions
What does "active - proposal to strike off" mean for ALLIED INDEPENDENT PLC?
This status indicates that the process to dissolve the company and remove it from the Companies House register has commenced. This occurs either via voluntary application by the directors (form DS01) or compulsory action by the Registrar of Companies under section 1000 of the Companies Act 2006 due to non-filing of statutory returns.
Why do foreign company financials sometimes appear in UK company data extracts?
Automated filing aggregators and OCR extraction tools occasionally misattribute foreign filings to UK entities when document reference numbers align or when company names share identical operational words (such as "Chemical and Allied Products PLC"). Analysts must manually check source document headers to filter out foreign registry records.
How are intercompany liabilities treated when a company is struck off?
If a company is dissolved via striking off without liquidating its liabilities, outstanding debts owed to associated companies or directors remain legally unsatisfied. However, any uncollected asset balances or claims held by the company pass to the Crown as bona vacantia under section 1012 of the Companies Act 2006.
What is the statutory minimum share capital for a UK PLC?
Under section 763 of the Companies Act 2006, a public limited company registered in the UK must have a minimum nominal share capital of £50,000, of which at least 25% (one quarter) must be paid up prior to trading.
Can a creditor object to the striking off of ALLIED INDEPENDENT PLC?
Yes. Any creditor, shareholder, or interested party with an outstanding claim against the company can submit a formal objection to Companies House upon publication of the First Gazette Notice. A valid objection halts the dissolution process until the dispute or debt is resolved.
Next Steps and Professional Monitoring
When managing corporate risk, corporate finance teams and legal practitioners require real-time visibility over dissolution proposals, intercompany obligations, and filing changes.
To review full statutory records or track ongoing status updates for ALLIED INDEPENDENT PLC, access the [Corp Intel Company Profile](/company/04139410). You can also configure automated email alerts for status changes, charges, and Gazette publications by setting up monitor a UK company free.