ASSETFINANCE DECEMBER (E) LIMITED
- · Oldest live charge 45.4y old — refinance window within 12 months
Opportunity 56/100 (worth a look), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (73/100).
Refinance opportunity
7 live charges · 2 lenders · oldest 45.4y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 45.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (118 events)Click to expand
- 2016-11-15📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-11-15🏁Company dissolved
- 2016-09-09📄second-filing-of-director-termination-with-namedocument-replacement · RP04TM01
- 2016-08-30📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-08-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-08-18📄dissolution-application-strike-off-companydissolution · DS01
- 2016-08-01➖BENCARD, Robin Louis Henning resigneddirector
- 2016-07-20📄legacycapital · SH20
- 2016-07-20⚠️legacyinsolvency · CAP-SS
- 2016-07-20📄resolutionresolution · RESOLUTIONS
- 2016-05-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-21📄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
- 2015-06-16📄auditors-resignation-companyauditors · AUD
- 2015-06-16📄accounts-with-accounts-type-fullaccounts · AA
- 2015-06-10📄auditors-resignation-companyauditors · AUD
- 2015-05-28➕LEWIS, Romana appointedsecretary
- 2015-05-28➖SHEPHERD, Hannah Elizabeth resignedsecretary
- 2015-05-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-05-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-05-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-01-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-01-05➖BHAMBHRA, Tony resignedsecretary
- 2015-01-05➕SHEPHERD, Hannah Elizabeth appointedsecretary
- 2014-06-02📄accounts-with-accounts-type-fullaccounts · AA
- 2014-05-19📄termination-secretary-company-with-nameofficers · TM02
- 2014-05-19📄appoint-person-secretary-company-with-nameofficers · AP03
- 2014-05-12➕BHAMBHRA, Tony appointedsecretary
- 2014-05-12➖DEAN, Katherine resignedsecretary
- 2014-05-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-02📄resolutionresolution · RESOLUTIONS
- 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
- 2010-09-23➖GOTT, Sarah Caroline resignedsecretary
- 2010-09-23➕SHEPHERD, Hannah Elizabeth appointedsecretary
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 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 49 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
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-11-15
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-07-20: legacy
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 (0 active · 39 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Samoco 1234 Trust | Lessor's security assignment | 1 property | 19/12/1996 | 12/02/2009 | |
| satisfied | Samoco 1234 Trust | Mortgage | 1 property | 10/12/1996 | 12/02/2009 | |
| satisfied | Midland Bank Midland Bank PLC | Deed of covenant | 1 property | 04/06/1981 | 11/01/1993 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 04/06/1981 | 06/04/1990 | |
| outstanding | Midland Bank Midland Bank PLC | Delivery order | 1 property | 24/11/1980 | — | |
| outstanding | Midland Bank Midland Bank PLC | Bond & assignment | 1 property | 24/11/1980 | — | |
| satisfied | Midland Bank Midland Bank PLC | Financial agreement | 1 property | 24/11/1980 | 11/03/1996 |