PERSIMMON HOMES (WEST MIDLANDS) LIMITED
Opportunity 68/100 (strong), bankability 57/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 14 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
Refinance opportunity
18 live charges · 13 lenders · oldest 44.9y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 44.9 years old — likely at or near maturity.
- · 13 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (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
Corporate timeline (102 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-14➕SMITH, Michael John appointeddirector
- 2022-01-14➖KILLORAN, Michael Hugh resigneddirector
- 2021-10-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-30➕NICHOLS, Julia appointeddirector
- 2021-09-30➖STENHOUSE, Richard Paul, Mr resigneddirector
- 2021-08-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-20➖JENKINSON, David resigneddirector
- 2019-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-12-31➖FAIRBURN, Jeffrey resigneddirector
- 2018-08-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-09-30➖FRANCIS, Gerald Neil resigneddirector
- 2016-09-30➕STENHOUSE, Richard Paul, Mr appointeddirector
- 2016-05-01➕JENKINSON, David appointeddirector
- 2016-04-30➖GREENAWAY, Nigel Peter resigneddirector
- 2015-12-21🔓Charge satisfied #18
- 2015-08-13🔒Charge registered #18Lender: Staffordshire County Council
- 2013-04-18➖FARLEY, Michael Peter resigneddirector
- 2013-04-18➕GREENAWAY, Nigel Peter appointeddirector
- 2010-01-01➕FAIRBURN, Jeffrey appointeddirector
- 2009-12-31➖WHITE, John resigneddirector
- 2003-12-31➖BRICKLEY, Timothy James resigneddirector
- 2003-12-31➖HAYWOOD, Maureen Rosemary resigneddirector
- 2003-12-31➖PENN, Mark John Anthony resigneddirector
- 2003-12-31➖HARMAN resignedcorporate-director
- 2002-05-01➕FRANCIS, Gerald Neil appointeddirector
- 2002-05-01➖GREWER, Geoffrey resigneddirector
- 2002-01-02➕HAYWOOD, Maureen Rosemary appointeddirector
- 2002-01-01➕BRICKLEY, Timothy James appointeddirector
- 2001-10-22➕DAVISON, Tracy Lazelle appointedsecretary
- 2001-10-22➖ARMSTRONG, Brian resignedsecretary
- 2001-07-02➕PENN, Mark John Anthony appointeddirector
- 2001-06-05➕WHITE, John appointeddirector
- 2001-06-01➖LOW, John David resigneddirector
- 2001-06-01➕HARMAN appointedcorporate-director
- 2001-05-23➕FARLEY, Michael Peter appointeddirector
- 2001-03-19➕GREWER, Geoffrey appointeddirector
- 2001-03-19➕KILLORAN, Michael Hugh appointeddirector
- 1999-10-28➕LOW, John David appointeddirector
- 1999-10-28➖WEBB, Dennis Michael resigneddirector
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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 67 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.
Group structure
Beazer Homes 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 |
|---|---|---|---|---|
Beazer Homes Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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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| ASHTREE HOUSE (YORK) MANAGEMENT COMPANY LIMITED→ 06571197 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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| AUTO REFINISHERS LIMITED→ 02646922 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
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7 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 · 34 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Staffordshire County Council | A registered charge | 1 property | 13/08/2015 | 21/12/2015 | |
| outstanding | Barclays Barclays Bank PLC | Charge | 1 property | 08/12/1994 | — | |
| outstanding | Teampace Holdings Teampace Holdings Limited | Legal charge | 1 property | 14/02/1994 | — | |
| outstanding | British Coal Corporation | Legal charge | 1 property | 14/07/1993 | — | |
| outstanding | Cv Leasing Cv Leasing Limited | Legal charge | 1 property | 25/08/1992 | — | |
| satisfied | Charles Herbert Yeomans / Stanley Arthur Kirk | Legal charge | 1 property | 03/06/1987 | 05/10/1991 | |
| satisfied | James Capll Bankers James Capll Bankers Limited | Legal charge regisered pursuant to an order of court dated 28/8/87 | 1 property | 27/05/1987 | 05/10/1991 | |
| satisfied | Robert John Grantley Berkeley | Legal charge | 1 property | 30/06/1986 | 05/10/1991 | |
| satisfied | Hong Kong Bank Hong Kong Bank Limited | Legal charge | 3 properties | 14/05/1986 | 05/10/1991 | |
| satisfied | Antony Gibbs Securities Antony Gibbs Securities Limited | Legal charge | 1 property | 20/12/1985 | 05/10/1991 | |
| outstanding | Cobroad Investments | Mortgage debenture | 1 property | 12/04/1985 | — | |
| outstanding | County Bank County Bank Limited | Mortgage debenture | 1 property | 12/04/1985 | — | |
| outstanding | County Bank County Bank Limited | Legal mortgage | 2 properties | 20/12/1984 | — | |
| outstanding | County Bank County Bank Limited | Legal mortgage | 1 property | 22/11/1984 | — | |
| outstanding | County Bank County Bank Limited | Legal mortgage | 1 property | 01/11/1984 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 20/07/1984 | — | |
| outstanding | County Bank County Bank Limited | Legal mortgage | 1 property | 25/06/1984 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 09/07/1981 | — |