ADVANCE HOLDINGS LIMITED
Opportunity 74/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: family or management succession (50/100).
Refinance opportunity
23 live charges · 11 lenders · oldest 67.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 67.2 years old — likely at or near maturity.
- · 11 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Cash | £197.7k | £192.5k |
| Net assets | £5.23M | £4.02M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
Corporate timeline (85 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04➖FOX, Anthony John, Prof resigneddirector
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-24📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2023-10-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-01➕BALITI, Judith appointeddirector
- 2023-02-01➕ERDOS, Ben appointeddirector
- 2023-02-01➕ERDOS, Rachel appointeddirector
- 2023-02-01➕ERDOS, Vivienne Alice appointeddirector
- 2023-02-01➕FOX, Annemarie appointeddirector
- 2023-02-01➕FOX, Sebastian Stefan appointeddirector
- 2023-02-01➕FOX, Simone Nikki, Dr appointeddirector
- 2023-02-01➕HONEY, Leonard Henry appointeddirector
- 2023-02-01➕NEWGAS, Adam appointeddirector
- 2023-02-01➕NEWGAS, Sophie Alice appointeddirector
- 2018-12-21🔓Charge satisfied #22
- 2018-12-14🔒Charge registered #24Lender: National Westminster Bank PLC
- 2018-12-13🔒Charge registered #23Lender: National Westminster Bank PLC
- 2018-12-13🔒Charge registered #22Lender: National Westminster Bank PLC
- 2018-12-13🔒Charge registered #21Lender: National Westminster Bank PLC
- 2018-09-24🔒Charge registered #20Lender: National Westminster Bank PLC
- 2018-03-14➕HUBERMAN, Paul Laurence appointeddirector
- 2018-01-18➕NEWGAS, Celia Janet appointeddirector
- 2018-01-06➖HONEY, Lila resigneddirector
- 2017-10-12🔓Charge satisfied #19
- 2017-10-12🔓Charge satisfied #18
- 2017-03-01➕BALITI, Daniel Yitzhak appointeddirector
- 2017-03-01➕FOX, Zoe Valerie, Dr appointeddirector
- 2017-03-01➖FENTON, Ian Jonathan resigneddirector
- 2016-05-23➖FOX, Gertrude resignedsecretary
- 2016-05-23➖FOX, Gertrude resigneddirector
- 2014-07-17🔓Charge satisfied #17
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -14 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — FOX, Sebastian Stefan (same surname) appointed 2023-02-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 70 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med · 1 lowMultiple 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.
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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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 (14 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 14/12/2018 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 13/12/2018 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 13/12/2018 | 21/12/2018 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 13/12/2018 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 24/09/2018 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 2 properties | 04/07/2014 | 12/10/2017 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 04/07/2014 | 12/10/2017 | |
| satisfied | Jarvin Property Co. (London) Jarvin Property Co. (London) Limited | Debenture | 1 property | 21/01/2013 | 17/07/2014 | |
| satisfied | The Governor and Company of the Bank of Ireland | Mortgage deed | 3 properties | 17/12/2004 | 13/01/2011 | |
| satisfied | The Governor and Company of the Bank of Ireland | Deed of rental assignment | 3 properties | 17/12/2004 | 13/01/2011 | |
| satisfied | Bristol & West Bristol & West PLC | Deed of rental assignment | 2 properties | 09/05/2000 | 17/07/2014 | |
| satisfied | Bristol & West Bristol & West PLC | Commercial mortgage | 2 properties | 09/05/2000 | 17/07/2014 | |
| satisfied | Bristol & West Building Society | Mortgage | 1 property | 07/07/1997 | 01/02/2001 | |
| satisfied | Bristol & West Building Society | Debenture | 1 property | 07/07/1997 | 01/02/2001 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 07/02/1994 | 18/10/2001 | |
| satisfied | Allied Dunbar Assurance Allied Dunbar Assurance PLC | Legal charge and floating charge | 1 property | 22/07/1992 | 03/11/1995 | |
| outstanding | Pasta Foods Pasta Foods Limited | Legal charge | 1 property | 11/08/1981 | — | |
| satisfied | National Westminster Bank National Westminster Bank Limited | Legal mortgage | 1 property | 11/08/1981 | 18/10/2001 | |
| satisfied | National Westminster Bank National Westminster Bank Limited | Legal mortgage | 1 property | 11/08/1981 | 12/08/1994 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 22/11/1973 | 12/08/1994 | |
| satisfied | Westminster Bank . Westminster Bank LTD. | Charge | 1 property | 05/11/1959 | 12/08/1994 | |
| satisfied | Westminster Bank . Westminster Bank LTD. | Legal charge | 1 property | 30/04/1959 | 12/08/1994 | |
| satisfied | Westminster Bank Westminster Bank LTD | Legal charge | 1 property | 26/03/1959 | 12/08/1994 |