BRIT INSURANCE (UK) LIMITED
- · Oldest live charge 38.5y old — refinance window within 12 months
Opportunity 53/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (50/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · 2 lenders · oldest 38.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 38.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — 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.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (98 events)Click to expand
- 2012-09-15⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2012-09-15🏁Company dissolved
- 2012-06-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-06-15⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2011-12-22⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2011-12-22📄resolutionresolution · RESOLUTIONS
- 2011-12-22⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2011-12-06📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-10-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-22📄accounts-with-accounts-type-fullaccounts · AA
- 2011-01-14📄appoint-corporate-director-company-with-nameofficers · AP02
- 2011-01-13📄termination-director-company-with-nameofficers · TM01
- 2011-01-12📄appoint-person-director-company-with-nameofficers · AP01
- 2011-01-11📄appoint-person-director-company-with-nameofficers · AP01
- 2011-01-11📄termination-director-company-with-nameofficers · TM01
- 2011-01-11📄termination-director-company-with-nameofficers · TM01
- 2011-01-01➕INSLEY, James Christopher Paul appointeddirector
- 2011-01-01➕USHER, Antony Edward appointeddirector
- 2011-01-01➕BRIT CORPORATE SERVICES LIMITED appointedcorporate-director
- 2010-12-31➖DOUETIL, Dane Jonathan resigneddirector
- 2010-12-31➖GODDARD, Peter John resigneddirector
- 2010-12-28➖SCALES, Matthew resigneddirector
- 2010-09-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-17📄accounts-with-accounts-type-fullaccounts · AA
- 2009-12-17📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-03📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-09-03📄legacyannual-return · 363a
- 2009-03-18📄accounts-with-accounts-type-fullaccounts · AA
- 2008-12-31📄memorandum-articlesincorporation · MA
- 2008-12-31📄legacycapital · SH20
- 2008-12-31📄legacycapital · CAP-MDSC
- 2008-12-31⚠️legacyinsolvency · CAP-SS
- 2008-09-22➕GODDARD, Peter John appointeddirector
- 2007-12-31➖FIELD, Roger Anthony resigneddirector
- 2007-05-21➖RIDGWELL, Christopher John resigneddirector
- 2007-04-05➖CULLEY, Kenneth resigneddirector
- 2004-08-17➖COATES, Clive Frederick resigneddirector
- 2003-11-30➖WILLIAMS, Matthew David resignedsecretary
- 2003-11-13➕JACKSON, Michael David appointedsecretary
- 2003-11-12➖HEMING, Stephen John resigneddirector
- 2003-10-26➖LOUCAIDES, Andreas Costas resigneddirector
- 2003-10-01➖BOYNS, Jonathan Andrew resigneddirector
- 2003-09-19➖HOLLAND, Peter Charles resignedsecretary
- 2003-09-17➖WALTON, Michael John resignedsecretary
- 2003-09-17➖WALTON, Michael John resigneddirector
- 2003-08-01➖MATSON, Peter Colin resigneddirector
- 2003-07-30➖CLAPHAM, Richard Malcolm resigneddirector
- 2003-06-19➖WALLACE, Robert Jeffrey resigneddirector
- 2003-06-12➕WILLIAMS, Matthew David appointedsecretary
- 2003-06-12➖AHERNE, Gerald Paul resigneddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 137 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-statement-of-receipts-and-payments-with-brought-down-date
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Available from the Pro tier upwards.
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9 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 · 34 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Svenska Handelsbanker | Charge | 1 property | 21/06/1991 | 14/06/2002 | |
| satisfied | Citibank N.A. | Charge | 3 properties | 16/11/1987 | 14/06/2002 |