A.E.THOROGOOD LIMITED

🌳Matureactive
00537180 · ltd · incorporated 1954-08-21
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 58). Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

34 live charges · 8 lenders · oldest 68.1y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 68.1 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
34 charges (34/34 with lender, 34/34 with type)
90
Directors & officers
18 officers (2 active, 18 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
171 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Average employees2400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

Last 30 days
10
filings
  • 10 mortgage
Last 90 days
13
filings
  • 10 mortgage
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
16
filings
  • 10 mortgage
  • 2 officers
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (112 events)Click to expand
  1. 2026-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-07-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2026-07-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2026-07-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2026-07-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2026-07-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2026-07-09
    🔓
    Charge satisfied #29
  12. 2026-07-09
    🔓
    Charge satisfied #28
  13. 2026-07-09
    🔓
    Charge satisfied #26
  14. 2026-07-09
    🔓
    Charge satisfied #25
  15. 2026-07-09
    🔓
    Charge satisfied #24
  16. 2026-06-26
    🔒
    Charge registered #34
    Lender: Barclays Bank PLC
  17. 2026-06-26
    🔒
    Charge registered #33
    Lender: Barclays Bank PLC
  18. 2026-06-26
    🔒
    Charge registered #32
    Lender: Barclays Bank PLC
  19. 2026-06-26
    🔒
    Charge registered #31
    Lender: Barclays Bank PLC
  20. 2026-06-26
    🔒
    Charge registered #30
    Lender: Barclays Bank PLC
  21. 2026-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2026-05-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2026-04-29
    TRUELOVE, Matthew Charles resigned
    director
  24. 2026-04-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  25. 2026-04-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  26. 2026-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2025-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2025-03-29
    GRANT, Jill Marion resigned
    director
  29. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2023-09-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  31. 2023-09-08
    🔒
    Charge registered #29
    Lender: Handelsbanken PLC
  32. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  33. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  34. 2022-08-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  35. 2022-01-28
    🔒
    Charge registered #28
    Lender: Handelsbanken PLC
  36. 2019-06-12
    GRANT, Anna Katrina appointed
    director
  37. 2016-08-26
    🔒
    Charge registered #27
    Lender: Svenska Handelsbanken Ab (Publ)
  38. 2014-12-31
    STEDMAN, David Gurney resigned
    director
  39. 2013-10-14
    🔒
    Charge registered #26
    Lender: Svenska Handelsbanken Ab (Publ)
  40. 2013-09-24
    PICKERING, Derek Michael resigned
    secretary
  41. 2013-01-23
    PICKERING, Derek Michael appointed
    secretary
  42. 2013-01-22
    GRANT, Anna Katrina resigned
    secretary
  43. 2012-10-29
    TRUELOVE, Matthew Charles appointed
    director
  44. 2012-03-03
    🔓
    Charge satisfied #23
  45. 2012-03-03
    🔓
    Charge satisfied #22
  46. 2012-03-03
    🔓
    Charge satisfied #21
  47. 2012-03-01
    🔒
    Charge registered #25
    Lender: Svenska Handelsbanken Ab (Publ)
  48. 2012-03-01
    🔒
    Charge registered #24
    Lender: Svenska Handelsbanken Ab (Publ)
  49. 2010-07-13
    EDWARDS, Peter Michael, Mr. resigned
    director
  50. 2010-02-09
    GRANT, Anna Katrina appointed
    secretary
Showing most recent 50 of 112 events

Owner dependency

84/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 72 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 med · 1 low
5 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-06-26: A registered charge; 2026-06-26: A registered charge; 2026-06-26: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gareth Edward Grant
Individual · Australian · DOB 07/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest06/04/2016
1 historic (ceased) PSC
  • Jill Marian Grantceased 20/02/2026· 25-50% shares · 25-50% voting · significant influence · trust interest

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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

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 →
🔒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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1954-08-21
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-05-30
Last: 2026-05-16

Officers (2 active · 16 resigned)

GRANT, Anna Katrina
director · ~57y · appointed 2019-06-12
View their other companies + combined net worth →
Active
GRANT, Gareth Edward
director · ~58y · appointed 2000-02-28
View their other companies + combined net worth →
Active
EDWARDS, Peter Michael, Mr.
secretary · resigned 2000-09-07
Resigned
GRANT, Anna Katrina
secretary · appointed 2010-02-09 · resigned 2013-01-22
Resigned
PICKERING, Derek Michael
secretary · appointed 2013-01-23 · resigned 2013-09-24
Resigned
PICKERING, Derek Michael
secretary · appointed 2000-09-29 · resigned 2010-02-09
Resigned
BENZECRY, Cecil Raphael
director · ~104y · appointed 1998-09-10 · resigned 2004-05-26
Resigned
BOEG, Robert Alan
director · ~88y · appointed 2004-05-26 · resigned 2005-03-14
Resigned
BOEG, Robert Alan
director · ~88y · resigned 2000-09-07
Resigned
DODD, John Arthur James
director · ~80y · appointed 2007-12-03 · resigned 2010-01-26
Resigned
DODD, John Arthur James
director · ~80y · appointed 2000-06-16 · resigned 2007-10-12
Resigned
EDWARDS, Peter Michael, Mr.
director · ~89y · appointed 2005-05-18 · resigned 2010-07-13
Resigned
EDWARDS, Peter Michael, Mr.
director · ~89y · resigned 2000-09-07
Resigned
GRANT, Jill Marion
director · ~91y · resigned 2025-03-29
Resigned
STEDMAN, David Gurney
director · ~87y · appointed 2000-03-14 · resigned 2014-12-31
Resigned
THOROGOOD, Alfred Edward
director · ~118y · resigned 1998-08-19
Resigned
THOROGOOD, Doreen Florence
director · ~106y · resigned 2007-10-12
Resigned
TRUELOVE, Matthew Charles
director · ~59y · appointed 2012-10-29 · resigned 2026-04-29
Resigned

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

Mortgages & charges

34
Total charges
6
Outstanding
2
Active lenders
Status:Lender:34 of 34 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property26/06/2026
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property26/06/2026
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property26/06/2026
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property26/06/2026
outstanding
Barclays
Barclays Bank PLC
A registered charge26/06/2026
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge08/09/202309/07/2026
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties28/01/202209/07/2026
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge1 property26/08/2016
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property14/10/201309/07/2026
satisfied
Svenska Handelsbanken Ab (Publ)
Deed of legal mortgage1 property01/03/201209/07/2026
satisfied
Svenska Handelsbanken Ab (Publ)
Mortgage debenture1 property01/03/201209/07/2026
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property04/09/200903/03/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property04/09/200903/03/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property11/08/200903/03/2012
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Legal mortgage2 properties30/10/200706/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Second equitable charge1 property02/10/198806/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit of deeds1 property07/09/198806/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit1 property25/07/198806/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Unlimited revolving memorandum of deposit6 properties23/07/198506/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit1 property08/02/198406/08/2009
satisfied
A.E.Thorogood
Legal charge2 properties07/02/198306/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit1 property27/05/198206/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit equitable mortgage1 property27/09/197906/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo of deposit1 property30/03/197606/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo of deposit1 property27/11/197206/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo1 property28/03/196706/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo of deposit2 properties12/02/196606/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum1 property28/11/196206/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo of deposit1 property29/09/196106/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo of deposit1 property29/09/196106/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property21/08/196106/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit1 property07/08/195906/08/2009
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memo of deposit of title deeds1 property20/04/195906/08/2009
satisfied
C.R.Benzecry
Charge1 property17/06/195806/08/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (171 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-13
termination-director-company-with-name-termination-date
officers · TM01
2026-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-23