A H WORTH AND COMPANY LIMITED
Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
Refinance opportunity
19 live charges · 5 lenders · oldest 29.6y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 29.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 |
|---|---|
| Total assets | £52.94M |
| Current assets | £19.00M |
| Cash | £2.45M |
| Debtors | £16.55M |
| Net assets | £48.39M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 officers
- • 1 officers
- • 1 accounts
Corporate timeline (113 events)Click to expand
- 2026-03-10➕FORD, Katie Louise appointeddirector
- 2026-03-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-12📄accounts-with-accounts-type-groupaccounts · AA
- 2025-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-03➕WATSHAM, Timothy James appointeddirector
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-01➕WALTON, Matthew James appointeddirector
- 2025-09-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-31➖ANDERSON, Richard James resigneddirector
- 2025-05-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-08➖ELLWOOD, Stephen John resigneddirector
- 2025-05-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-30🔒Charge registered #19Lender: Hsbc UK Bank PLC
- 2025-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-04🔒Charge registered #18Lender: Hsbc UK Bank PLC
- 2025-02-12📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06➕ANDERSON, Richard James appointeddirector
- 2025-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-02➕WARBURTON, Richard John appointeddirector
- 2024-12-20📄accounts-with-accounts-type-groupaccounts · AA
- 2024-05-30📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-28➖DRISCOLL, Andrew David resigneddirector
- 2024-02-23📄accounts-with-accounts-type-groupaccounts · AA
- 2023-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-22➕BOUGHTON, Alexander appointeddirector
- 2023-06-22➕WORTH, Benjamin appointeddirector
- 2023-02-27➕DRISCOLL, Andrew David appointeddirector
- 2022-12-15➖BRENNAN, Thomas Patrick resigneddirector
- 2022-08-31➖BARKER, Anita Marie resigneddirector
- 2020-06-26➖TAYLOR, Martin John resigneddirector
- 2019-11-22➖COOPER-JONES, Timothy John resigneddirector
- 2019-08-01➕BARKER, Anita Marie appointeddirector
- 2018-09-27➖POWER, Edward Samuel resigneddirector
- 2018-02-21➕BRENNAN, Thomas Patrick appointeddirector
- 2017-11-24➖LOCKHART-WHITE, Donald Grant resigneddirector
- 2017-09-01➕HENSON, Mark Richard appointedsecretary
- 2017-06-23➖BLATHERWICK, Antony James resignedsecretary
- 2016-11-11➕LOCKHART-WHITE, Donald Grant appointeddirector
- 2016-05-24➖RIMMER, Christopher William resigneddirector
- 2016-04-24➕TAYLOR, Martin John appointeddirector
- 2016-04-24➖TAYLOR, Martin John resigneddirector
- 2016-03-01➕WORTH, Stephen Tom appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- -8 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "WORTH" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
6 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen John Ellwood Individual · British · DOB 07/1957 · age 69 | — | 25–50% | 25-50% voting · trust interest | 07/11/2017 |
Ms Amy Elizabeth Worth Individual · British · DOB 06/1973 · age 53 | — | 25–50% | 25-50% voting · trust interest | 07/11/2017 |
Mr Duncan Richard Worth Individual · British · DOB 05/1965 · age 61 | — | 25–50% | 25-50% voting · trust interest | 07/11/2017 |
Mr Andrew Donald Worth Individual · British · DOB 05/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 06/04/2016 |
Ms Polly Theresa Payne Individual · British · DOB 12/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 06/04/2016 |
Mr Stephen Tom Worth Individual · British · DOB 01/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 06/04/2016 |
2 historic (ceased) PSCs
- G A Worth Trustceased 31/03/2022· 25-50% voting
- Mr Anthony James Longmore Worthceased 07/11/2017· 25-50% voting
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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| A & J HOLDINGS (SPALDING) LIMITED→ 09611104 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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| AGILE TRUSTEE LIMITED→ 15119520 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGM LIVING LTD→ 16421642 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGORINVEST UK LTD→ 11120519 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGP GLOBAL LTD→ 14519039 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGRI-LINC HOLDINGS LIMITED→ 10930310 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGS GROUP HOLDINGS LIMITED→ 14896996 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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 (9 active · 28 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 3 properties | 30/04/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 04/04/2025 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | A registered charge | 1 property | 29/10/2015 | — | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 4 properties | 15/05/2013 | 02/07/2015 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 15/05/2013 | 02/07/2015 | |
| satisfied | Anthony James Longmore Worth and Peter Shepherd | Transfer | 1 property | 04/04/2008 | 24/06/2015 | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Legal charge | 1 property | 04/04/2008 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 23/03/2005 | 24/06/2015 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 23/03/2005 | 24/06/2015 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 11/03/2005 | 24/06/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Third party legal charge | 2 properties | 22/11/2002 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Third party legal charge | 1 property | 22/11/2002 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/11/1996 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/11/1996 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/11/1996 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/11/1996 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/11/1996 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/11/1996 | 22/07/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 05/11/1996 | 22/07/2008 |