FRIENDS LIFE ASSURANCE SOCIETY LIMITED
🌳Matureactive
00776273 · ltd · incorporated 1963-10-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. 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: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
16 live charges · 11 lenders · oldest 61.5y
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 61.5 years old — likely at or near maturity.
- · 11 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
82 officers (4 active, 82 linked, 75 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
22 connected companies via shared directors
90
Filing history
398 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (186 events)Click to expand
- 2026-01-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-08➖SIM, Rhona Helen resigneddirector
- 2025-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-09➕CALLAGHAN, Lee Patrick appointeddirector
- 2025-09-09➕MACINTYRE, Jamie appointeddirector
- 2025-09-09➕MORGAN, Alice Parker appointeddirector
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-06➖POTTER, Helen resigneddirector
- 2024-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-24📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2023-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-12➖MCGOWAN, Laura Eileen resigneddirector
- 2022-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-01➕SIM, Rhona Helen appointeddirector
- 2022-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-12📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-15➖GARVIN, Amy Victoria Gwynne resigneddirector
- 2021-06-15➕MCGOWAN, Laura Eileen appointeddirector
- 2021-06-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-06📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2021-01-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-01➕POTTER, Helen appointeddirector
- 2020-12-31➖ROSE, David Rowley resigneddirector
- 2020-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-11-07🔓Charge satisfied #6
- 2018-11-07🔓Charge satisfied #5
- 2018-11-07🔓Charge satisfied #4
- 2018-11-07🔓Charge satisfied #1
- 2017-10-01➕AVIVA COMPANY SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2017-09-29➖MARSHALL, Clair Louise resigneddirector
- 2017-08-31➕GARVIN, Amy Victoria Gwynne appointeddirector
- 2017-03-17➖FRIENDS LIFE SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2017-01-16➖CARR, Andrew David resigneddirector
- 2017-01-16➕MARSHALL, Clair Louise appointeddirector
- 2017-01-16➖PAYKEL, Jonathan Charles resigneddirector
- 2017-01-16➕ROSE, David Rowley appointeddirector
- 2015-12-31➖O'NEILL, Conor Martin resigneddirector
- 2015-11-30➖MOSS, Jonathan Stephen resigneddirector
- 2014-12-31➕O'NEILL, Conor Martin appointeddirector
- 2014-12-31➕PAYKEL, Jonathan Charles appointeddirector
- 2014-12-31➖POTKINS, Martin resigneddirector
- 2014-12-31➖SMITH, Robin Duncan resigneddirector
- 2013-09-27➖BLACK, James Masson resigneddirector
Showing most recent 50 of 186 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
Red flags
2 med · 1 low2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: POTTER, Helen resigned 2025-08-06; SIM, Rhona Helen resigned 2026-01-08
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
10 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
London And Manchester Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
London And Manchester Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
FRIENDS LIFE ASSURANCE SOCIETY LIMITED
This company · 00776273
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 |
|---|---|---|---|---|
London And Manchester Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/12/2016 |
1 historic (ceased) PSC
- Friends Life Limitedceased 05/12/2016· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Other · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 TWO YORK LIMITED→ 16021782 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2020 INSIGHTS LLP→ OC301527 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 38 BERRYMEDE RTM LIMITED→ 06847519 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| A & G AMUSEMENTS (HOLDINGS)→ 03848695 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ABSOLUTE TRUTH LIMITED→ 15409717 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADSB CONSULTING LIMITED→ 12257751 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AEGIS FIRE SERVICES LTD→ 15257803 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AEROSTAR TECHNOLOGIES LIMITED→ 16188034 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFORDABLE CHOICES LIMITED→ 04399052 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ALA WARRANTY LLP→ OC383781 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALCUIN HOMES (YORKSHIRE) HOLDINGS LIMITED→ 09539730 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ALEX GROUP OF COMPANIES LTD→ 15994968 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1963-10-04
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Aviva
Wellington Row
York
YO90 1WR
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01
Officers (4 active · 78 resigned)
AVIVA COMPANY SECRETARIAL SERVICES LIMITED→
Activecorporate-secretary · appointed 2017-10-01
View their other companies + combined net worth →
CALLAGHAN, Lee Patrick→
Activedirector · ~62y · appointed 2025-09-09
View their other companies + combined net worth →
MACINTYRE, Jamie→
Activedirector · ~38y · appointed 2025-09-09
View their other companies + combined net worth →
MORGAN, Alice Parker→
Activedirector · ~43y · appointed 2025-09-09
View their other companies + combined net worth →
HERBERT, Anthony James→
Resignedsecretary · appointed 1992-07-01 · resigned 1993-02-17
RICHARDSON, Ian David Lea→
Resignedsecretary · appointed 1993-02-17 · resigned 2004-09-13
SMALL, Jeremy Peter→
Resignedsecretary · appointed 2004-09-13 · resigned 2010-09-15
WEBSTER, John Dudley→
Resignedsecretary · resigned 1992-06-30
YEOMAN, Ruth→
Resignedsecretary · appointed 2010-09-15 · resigned 2012-02-29
FRIENDS LIFE SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2011-09-09 · resigned 2017-03-17
AVENEL, Gilles Marie Pierre Louis, Monsieur→
Resigneddirector · ~76y · appointed 1996-12-06 · resigned 1999-01-11
AVENEL, Gilles Marie Pierre Louis, Monsieur→
Resigneddirector · ~76y · appointed 1993-11-23 · resigned 1996-11-19
BANCROFT, Ian Powell, The Right Hon→
Resigneddirector · ~104y · resigned 1994-05-23
BANCROFT, Ian Powell, The Right Hon→
Resigneddirector · ~104y · resigned 1993-05-27
BARKSHIRE, Robert Renny St John→
Resigneddirector · ~91y · resigned 1996-11-19
BAZY, Dominique→
Resigneddirector · ~75y · appointed 1995-08-31 · resigned 1996-11-19
BAZY, Dominique→
Resigneddirector · ~75y · resigned 1993-11-23
BLACK, James Masson→
Resigneddirector · ~62y · appointed 2013-02-08 · resigned 2013-09-27
BOUNDS, Kevin Charles→
Resigneddirector · ~73y · appointed 2006-01-01 · resigned 2006-12-30
BOURKE, Evelyn Brigid→
Resigneddirector · ~61y · appointed 2010-09-15 · resigned 2012-09-21
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
10
Outstanding
8
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Rga International Reinsurance Company Rga International Reinsurance Company Limited | Charge and security assignment deed | 1 property | 02/07/2010 | — | |
| outstanding | Rga Reinsurance Company | Charge and security assignment deed | 1 property | 02/07/2010 | — | |
| outstanding | Partner Reinsurance Europe Partner Reinsurance Europe Limited | Charge and security assignment deed | 1 property | 01/07/2010 | — | |
| satisfied | Rga Reinsurance Europe Rga Reinsurance Europe Limited | Charge and security asssignment deed | 1 property | 01/07/2010 | 19/07/2010 | |
| outstanding | Nationwide Nationwide Building Society as Security Trustee for the Secured Parties | Share charge | 1 property | 23/10/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of securities (UK) | 1 property | 16/12/2005 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of securities (UK) | 1 property | 14/01/2005 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 31/08/2001 | — | |
| outstanding | Railtrack Railtrack PLC | Conveyance | 1 property | 30/03/1998 | — | |
| outstanding | Swiss Bank Corporation London Branch | Deed of charge | 1 property | 05/11/1996 | — | |
| satisfied | Sun Life Pensions Management Sun Life Pensions Management Limited | Deed of substituted security | 4 properties | 20/02/1992 | 07/11/2018 | |
| satisfied | Sun Life Pensions Management Sun Life Pensions Management Limited | Legal charge | 1 property | 16/03/1988 | 07/11/2018 | |
| satisfied | Sun Life Pensions Management Sun Life Pensions Management Limited | Charge | 1 property | 23/11/1982 | 07/11/2018 | |
| satisfied | Sun Life Pensions Management Sun Life Pensions Management Limited | Legal charge | 1 property | 10/05/1982 | 07/11/2018 | |
| outstanding | Legal and General Assurance Society Legal and General Assurance Society Limited | Mortgage | 1 property | 12/02/1969 | — | |
| satisfied | Legal and General Assurance Society Legal and General Assurance Society Limited | Mortgage | 2 properties | 30/11/1964 | 28/02/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (398 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-01-21
accounts-with-accounts-type-dormant
accounts · AA
2025-09-23
termination-director-company-with-name-termination-date
officers · TM01
2025-09-11
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-dormant
accounts · AA
2024-10-02
change-corporate-secretary-company-with-change-date
officers · CH04
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-dormant
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
termination-director-company-with-name-termination-date
officers · TM01
2022-12-13
appoint-person-director-company-with-name-date
officers · AP01
2022-11-02
accounts-with-accounts-type-dormant
accounts · AA
2022-09-15