ASSETFINANCE DECEMBER (W) LIMITED

⚰️Wound downdissolved
01277502 · ltd · incorporated 1976-09-16
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Financial leasing
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

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

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 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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
46 officers (5 active, 46 linked, 30 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
26 connected companies via shared directors
90
Filing history
229 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
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
0
filings
Counts from Companies House filing history.
Corporate timeline (135 events)Click to expand
  1. 2017-10-17
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2017-10-17
    🏁
    Company dissolved
  3. 2017-08-01
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-07-20
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-06-07
    📄
    second-filing-of-director-appointment-with-name
    document-replacement · RP04AP01
  6. 2017-06-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2017-05-31
    KENT, John Richard resigned
    director
  8. 2017-03-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2017-03-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2017-03-22
    IRVIN, Crispin Robert John appointed
    director
  11. 2017-03-22
    ANDERSON, Michael Connelly resigned
    director
  12. 2016-10-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2016-08-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2016-08-01
    BENCARD, Robin Louis Henning resigned
    director
  15. 2016-05-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-03-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2016-03-15
    LONG, Simon Einar appointed
    director
  18. 2016-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2015-12-31
    CAVANNA, David John resigned
    director
  20. 2015-12-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2015-12-16
    ANDERSON, Michael Connelly appointed
    director
  22. 2015-07-13
    📄
    auditors-resignation-company
    auditors · AUD
  23. 2015-06-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2015-06-26
    📄
    auditors-resignation-company
    auditors · AUD
  25. 2015-06-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  26. 2015-06-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  27. 2015-06-12
    LEWIS, Romana appointed
    secretary
  28. 2015-06-12
    SHEPHERD, Hannah Elizabeth resigned
    secretary
  29. 2015-05-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  30. 2015-01-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  31. 2015-01-19
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  32. 2015-01-05
    BHAMBHRA, Tony resigned
    secretary
  33. 2015-01-05
    SHEPHERD, Hannah Elizabeth appointed
    secretary
  34. 2014-07-08
    📄
    accounts-with-made-up-date
    accounts · AA
  35. 2014-06-29
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  36. 2014-06-29
    📄
    termination-secretary-company-with-name
    officers · TM02
  37. 2014-06-18
    BHAMBHRA, Tony appointed
    secretary
  38. 2014-06-18
    DEAN, Katherine resigned
    secretary
  39. 2013-07-24
    SUBRAMANIYAN, Jaya appointed
    director
  40. 2013-07-24
    DEAN, Katherine appointed
    secretary
  41. 2013-07-24
    WOOD, Hollie Rheanna resigned
    secretary
  42. 2013-07-24
    CAVANNA, David John appointed
    director
  43. 2013-06-21
    BARKER, Fiona Ann resigned
    director
  44. 2013-06-20
    TURNER, Desmond Richard resigned
    director
  45. 2012-12-06
    KENT, John Richard appointed
    director
  46. 2012-06-19
    SENIOR, Carl Thomas resigned
    director
  47. 2012-02-23
    SHEPHERD, Hannah Elizabeth resigned
    secretary
  48. 2012-02-23
    WOOD, Hollie Rheanna appointed
    secretary
  49. 2012-01-04
    SENIOR, Carl Thomas appointed
    director
  50. 2011-11-30
    SINGLETON, Kevin Alan, Dr resigned
    director
Showing most recent 50 of 135 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -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

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • 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 dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2017-10-17

Charge satisfaction-then-recreation pattern
medium

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.

🏛️
Hsbc Asset Finance (Uk) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ASSETFINANCE DECEMBER (W) LIMITED
This company · 01277502

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%
NameSharesVoting rightsNature of controlNotified
Hsbc Asset Finance (Uk) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/10/2016

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 →

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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

Statusdissolved
Typeltd
Incorporated1976-09-16
Jurisdictionengland-wales
Primary SIC64910 — Financial leasing

Registered office

8 Canada Square
London
E14 5HQ

Filing status

Accounts
Next due:
Last made up to: 2015-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 41 resigned)

LEWIS, Romana
secretary · appointed 2015-06-12
View their other companies + combined net worth →
Active
IRVIN, Crispin Robert John
director · ~48y · appointed 2017-03-22
View their other companies + combined net worth →
Active
LONG, Simon Einar
director · ~52y · appointed 2016-03-15
View their other companies + combined net worth →
Active
OWEN CONWAY, Gareth
director · ~60y · appointed 2005-03-14
View their other companies + combined net worth →
Active
SUBRAMANIYAN, Jaya
director · ~64y · appointed 2013-07-24
View their other companies + combined net worth →
Active
BAYER, George William
secretary · appointed 2008-02-11 · resigned 2008-09-12
Resigned
BHAMBHRA, Tony
secretary · appointed 2014-06-18 · resigned 2015-01-05
Resigned
DEAN, Katherine
secretary · appointed 2013-07-24 · resigned 2014-06-18
Resigned
GOTT, Sarah Caroline
secretary · appointed 2008-10-01 · resigned 2010-09-29
Resigned
MCKENZIE, John Hume
secretary · appointed 1992-05-06 · resigned 2001-07-01
Resigned
MCQUILLAN, Pauline Louise
secretary · appointed 2006-05-08 · resigned 2008-02-11
Resigned
MUSGROVE, Robert Hugh
secretary · appointed 2001-07-01 · resigned 2002-11-15
Resigned
NIVEN, Frances Julie
secretary · appointed 2003-12-08 · resigned 2005-07-08
Resigned
PEARCE, Mark Vivian
secretary · appointed 2002-11-15 · resigned 2003-12-08
Resigned
READ, Alice
secretary · appointed 2005-07-08 · resigned 2006-05-08
Resigned
SHEPHERD, Hannah Elizabeth
secretary · appointed 2015-01-05 · resigned 2015-06-12
Resigned
SHEPHERD, Hannah Elizabeth
secretary · appointed 2010-09-29 · resigned 2012-02-23
Resigned
WOOD, Hollie Rheanna
secretary · appointed 2012-02-23 · resigned 2013-07-24
Resigned
ANDERSON, Michael Connelly
director · ~64y · appointed 2015-12-16 · resigned 2017-03-22
Resigned
BARKER, Fiona Ann
director · ~60y · appointed 2010-06-04 · resigned 2013-06-21
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

12
Total charges
0
Outstanding
0
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
Specific legal mortgage (no 10)1 property27/02/200404/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
Specific legal mortgage (no 9)1 property28/11/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
Specific legal mortgage (no 8)4 properties31/10/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
Specific legal mortgage (no 7)1 property30/09/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
Specific legal mortgage (no 6)1 property29/08/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
First priority mortgage1 property31/07/200304/06/2010
satisfied
P & O Nedlloyd
P & O Nedlloyd Limited
A first priority mortgage1 property30/06/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
A first priority mortgage1 property30/05/200304/06/2010
satisfied
P & O Nedlloyd
P & O Nedlloyd Limited
First priority mortgage1 property30/04/200304/06/2010
satisfied
P&O Nedlloyds
P&O Nedlloyds Limited
A first priority mortgage1 property31/03/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
An account assignment1 property28/03/200304/06/2010
satisfied
P&O Nedlloyd
P&O Nedlloyd Limited
A first priority mortgage1 property28/03/200304/06/2010

Recent filings (229 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-10-17
gazette-notice-voluntary
gazette · GAZ1(A)
2017-08-01
dissolution-application-strike-off-company
dissolution · DS01
2017-07-20
second-filing-of-director-appointment-with-name
document-replacement · RP04AP01
2017-06-07
termination-director-company-with-name-termination-date
officers · TM01
2017-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-12
appoint-person-director-company-with-name-date
officers · AP01
2017-03-29
termination-director-company-with-name-termination-date
officers · TM01
2017-03-27
accounts-with-accounts-type-full
accounts · AA
2016-10-04
termination-director-company-with-name-termination-date
officers · TM01
2016-08-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-05-05
appoint-person-director-company-with-name-date
officers · AP01
2016-03-18
termination-director-company-with-name-termination-date
officers · TM01
2016-01-04
appoint-person-director-company-with-name-date
officers · AP01
2015-12-24
auditors-resignation-company
auditors · AUD
2015-07-13