ASSETFINANCE DECEMBER (W) LIMITED
Opportunity 62/100 (worth a look), bankability 72/100. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
12 live charges · 3 lenders · oldest 23.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (135 events)Click to expand
- 2017-10-17📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2017-10-17🏁Company dissolved
- 2017-08-01📄gazette-notice-voluntarygazette · GAZ1(A)
- 2017-07-20📄dissolution-application-strike-off-companydissolution · DS01
- 2017-06-07📄second-filing-of-director-appointment-with-namedocument-replacement · RP04AP01
- 2017-06-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-05-31➖KENT, John Richard resigneddirector
- 2017-03-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-03-22➕IRVIN, Crispin Robert John appointeddirector
- 2017-03-22➖ANDERSON, Michael Connelly resigneddirector
- 2016-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2016-08-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-08-01➖BENCARD, Robin Louis Henning resigneddirector
- 2016-05-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-03-15➕LONG, Simon Einar appointeddirector
- 2016-01-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-12-31➖CAVANNA, David John resigneddirector
- 2015-12-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-12-16➕ANDERSON, Michael Connelly appointeddirector
- 2015-07-13📄auditors-resignation-companyauditors · AUD
- 2015-06-26📄accounts-with-accounts-type-fullaccounts · AA
- 2015-06-26📄auditors-resignation-companyauditors · AUD
- 2015-06-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-06-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-06-12➕LEWIS, Romana appointedsecretary
- 2015-06-12➖SHEPHERD, Hannah Elizabeth resignedsecretary
- 2015-05-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-01-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-01-05➖BHAMBHRA, Tony resignedsecretary
- 2015-01-05➕SHEPHERD, Hannah Elizabeth appointedsecretary
- 2014-07-08📄accounts-with-made-up-dateaccounts · AA
- 2014-06-29📄appoint-person-secretary-company-with-nameofficers · AP03
- 2014-06-29📄termination-secretary-company-with-nameofficers · TM02
- 2014-06-18➕BHAMBHRA, Tony appointedsecretary
- 2014-06-18➖DEAN, Katherine resignedsecretary
- 2013-07-24➕SUBRAMANIYAN, Jaya appointeddirector
- 2013-07-24➕DEAN, Katherine appointedsecretary
- 2013-07-24➖WOOD, Hollie Rheanna resignedsecretary
- 2013-07-24➕CAVANNA, David John appointeddirector
- 2013-06-21➖BARKER, Fiona Ann resigneddirector
- 2013-06-20➖TURNER, Desmond Richard resigneddirector
- 2012-12-06➕KENT, John Richard appointeddirector
- 2012-06-19➖SENIOR, Carl Thomas resigneddirector
- 2012-02-23➖SHEPHERD, Hannah Elizabeth resignedsecretary
- 2012-02-23➕WOOD, Hollie Rheanna appointedsecretary
- 2012-01-04➕SENIOR, Carl Thomas appointeddirector
- 2011-11-30➖SINGLETON, Kevin Alan, Dr resigneddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 50 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
1 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2017-10-17
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Hsbc Asset Finance (Uk) 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 |
|---|---|---|---|---|
Hsbc Asset Finance (Uk) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/10/2016 |
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.
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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 (0 active · 41 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | Specific legal mortgage (no 10) | 1 property | 27/02/2004 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | Specific legal mortgage (no 9) | 1 property | 28/11/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | Specific legal mortgage (no 8) | 4 properties | 31/10/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | Specific legal mortgage (no 7) | 1 property | 30/09/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | Specific legal mortgage (no 6) | 1 property | 29/08/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | First priority mortgage | 1 property | 31/07/2003 | 04/06/2010 | |
| satisfied | P & O Nedlloyd P & O Nedlloyd Limited | A first priority mortgage | 1 property | 30/06/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | A first priority mortgage | 1 property | 30/05/2003 | 04/06/2010 | |
| satisfied | P & O Nedlloyd P & O Nedlloyd Limited | First priority mortgage | 1 property | 30/04/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyds P&O Nedlloyds Limited | A first priority mortgage | 1 property | 31/03/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | An account assignment | 1 property | 28/03/2003 | 04/06/2010 | |
| satisfied | P&O Nedlloyd P&O Nedlloyd Limited | A first priority mortgage | 1 property | 28/03/2003 | 04/06/2010 |