A.G.W.FORDHAM & SON(IXWORTH)LIMITED
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
9 live charges · 7 lenders · oldest 53.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 53.7 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £15.9k | £-24.8k |
| Current assets | £144.2k | £123.1k |
| Cash | £131.5k | £110.6k |
| Debtors | £12.7k | £12.5k |
| Net assets | £15.9k | £-24.8k |
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 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (36 events)Click to expand
- 2025-09-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-08-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-10🔓Charge satisfied #9
- 2023-08-10🔓Charge satisfied #5
- 2023-07-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-08🔓Charge satisfied #7
- 2023-02-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-02-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-14🔓Charge satisfied #8
- 2022-09-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2011-11-11🔓Charge satisfied #6
- 2011-11-11🔓Charge satisfied #2
- 2006-07-10🔒Charge registered #9Lender: Black Horse Limited
- 2001-03-23🔒Charge registered #8Lender: Barclays Bank PLC
- 2001-03-23🔒Charge registered #7Lender: Barclays Bank PLC
- 1999-11-03🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 1999-07-08🔓Charge satisfied #4
- 1995-05-23🔒Charge registered #5Lender: United Dominion Trust Limited
- 1995-05-12🔓Charge satisfied #1
- 1993-09-28➖FORDHAM, Ralph George resigneddirector
- 1989-12-01🔓Charge satisfied #3
- 1989-11-10🔒Charge registered #4Lender: Burmah Oil Trading Limited
- 1980-05-12🔒Charge registered #3Lender: Burmah Oil Trading Limited
- 1973-12-11🔒Charge registered #2Lender: Lloyds Bank PLC
- 1972-09-08🔒Charge registered #1Lender: Bowmaker Leasing LTD.
- 1964-09-11🏢Company incorporatedAs A.G.W.FORDHAM & SON(IXWORTH)LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "FORDHAM" — strong identity link between founder and business.
- +Founder age: Director aged approximately 83 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 62 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Charles Barrie Fordham Individual · British · DOB 04/1943 · age 83 | 75–100% | — | 75-100% shares | 06/04/2016 |
Mrs Cherry Elizabeth Fordham Individual · British · DOB 07/1944 · age 82 | — | — | sig. influencesignificant influence | 22/02/2023 |
1 historic (ceased) PSC
- Mr Charles Barrie Fordhamceased 24/01/2019· 75-100% shares
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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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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Black Horse Black Horse Limited | Debenture | 1 property | 10/07/2006 | 10/08/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 23/03/2001 | 14/02/2023 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 23/03/2001 | 08/06/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 03/11/1999 | 11/11/2011 | |
| satisfied | United Dominion Trust United Dominion Trust Limited | Mortgage debenture | 1 property | 23/05/1995 | 10/08/2023 | |
| satisfied | Burmah Oil Trading Burmah Oil Trading Limited | Legal mortgage | 1 property | 10/11/1989 | 08/07/1999 | |
| satisfied | Burmah Oil Trading Burmah Oil Trading Limited | Legal charge | 1 property | 12/05/1980 | 01/12/1989 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 11/12/1973 | 11/11/2011 | |
| satisfied | Bowmaker Leasing . / Bowmaker Commercial / Bowmaker . Bowmaker Leasing LTD. / Bowmaker Commercial LTD / Bowmaker LTD. | Charge | 1 property | 08/09/1972 | 12/05/1995 |