WM MORRISON SUPERMARKETS LIMITED
Opportunity 65/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
Refinance opportunity
44 live charges · 7 lenders · oldest 55.9y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 55.9 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 13 mortgage
- • 13 mortgage
- • 1 resolution
- • 1 capital
Corporate timeline (158 events)Click to expand
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-29📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-24📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-24📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-24📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-24📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-24📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-24📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2025-12-30📄resolutionresolution · RESOLUTIONS
- 2025-12-15📄capital-allotment-sharescapital · SH01
- 2025-12-15📄memorandum-articlesincorporation · MA
- 2025-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-22🔒Charge registered #44Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #43Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #42Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #41Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #40Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #39Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #38Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-22🔒Charge registered #37Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-16🔒Charge registered #36Lender: Glas Trust Corporation Limited as Security Agent
- 2025-10-16🔒Charge registered #35Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #34Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #33Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #32Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #31Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #30Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #29Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #28Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-19🔒Charge registered #27Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-10🔒Charge registered #26Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-10🔒Charge registered #25Lender: Glas Trust Corporation Limited as Security Agent
- 2025-03-10🔒Charge registered #24Lender: Glas Trust Corporation Limited as Security Agent
- 2024-12-10🔒Charge registered #23Lender: Glas Trust Corporation Limited as Security Agent
- 2023-11-01➖POTTS, David Tom resigneddirector
- 2023-10-30➕BAITIEH, Rami appointeddirector
- 2022-09-27➖STRAIN, Trevor John resigneddirector
- 2022-08-12🔒Charge registered #21Lender: Glas Trust Corporation Limited (As Security Agent)
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-10-22: A registered charge; 2025-10-22: A registered charge; 2025-10-22: A registered charge
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Market Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Market Bidco Limited Corporate entity | — | 75–100% | board control75-100% voting · board control | 27/10/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 127 FRAGRANCES LTD→ 14668744 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 13 NELSON STREET LIMITED→ 07551006 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 14KGIFTS LTD→ 16998681 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 14RYK LIMITED→ 12329907 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 1SERP LTD→ 13185975 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 1ST CHOICE STORE LTD→ 13862365 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 2-FACE LTD→ 12774870 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 24HR ANGEL STORE LTD→ 15809242 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 NOBLE SONS LIMITED→ 15751149 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3AK (CHEETHAM HILL) LIMITED→ 11203575 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 3AK (GLASGOW) LIMITED→ 11131164 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 3AK (GREENSTREET) LIMITED→ 10322208 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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 →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 (3 active · 45 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 22/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 3 properties | 16/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 16/10/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 3 properties | 10/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 3 properties | 10/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 10/03/2025 | — | |
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 10/12/2024 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 12/08/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 07/07/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 07/07/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 07/07/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 07/07/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 3 properties | 23/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 4 properties | 10/06/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 25/05/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 31/03/2022 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 25/02/2022 | — | |
| satisfied | Maple Oak Maple Oak Limited | Standard security | 1 property | 23/12/2008 | 18/07/2012 | |
| satisfied | Bass Developments Bass Developments Limited | Legal charge | 1 property | 24/09/1993 | 18/12/1993 | |
| satisfied | British Coal Corporation | Deed of charge | 1 property | 09/08/1993 | 07/12/1993 | |
| satisfied | Legal and General Assurance Society Legal and General Assurance Society Limited | Deed of collateral charge | 1 property | 20/05/1983 | 13/06/1995 | |
| satisfied | Legal & General Assurance Society Legal & General Assurance Society LTD | Mortgage | 1 property | 15/06/1970 | 13/06/1995 |