HINDWAIN LIMITED

🌳Matureactive
01342336 · ltd · incorporated 1977-12-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 37.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 37.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 37.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (76/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
40 officers (3 active, 40 linked, 34 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
217 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (92 events)Click to expand
  1. 2026-05-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-09-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-11-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-11-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-11-01
    HADDOW, Sara Kiew appointed
    director
  8. 2024-11-01
    MORRIS, James appointed
    director
  9. 2024-11-01
    SMITH, Stuart John resigned
    director
  10. 2024-11-01
    SUTTERS, Charles Alexander resigned
    director
  11. 2024-10-15
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  12. 2024-10-15
    📄
    legacy
    capital · SH20
  13. 2024-10-15
    ⚠️
    legacy
    insolvency · CAP-SS
  14. 2024-10-15
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2024-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2024-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2023-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  18. 2023-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2023-10-23
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  20. 2023-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2023-05-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2022-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2022-01-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2019-11-21
    LADBROKES CORAL CORPORATE SECRETARIES LIMITED appointed
    corporate-secretary
  25. 2019-11-21
    ARSENIĆ, Sonja resigned
    secretary
  26. 2019-09-30
    ARSENIĆ, Sonja appointed
    secretary
  27. 2019-09-30
    LADBROKES CORAL CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  28. 2018-06-04
    BEARDSELL, Lindsay Claire resigned
    director
  29. 2018-04-16
    BEARDSELL, Lindsay Claire appointed
    director
  30. 2018-04-16
    MASON, Geoffrey Keith Howard resigned
    director
  31. 2017-12-12
    PARMAR, Vinod resigned
    director
  32. 2017-12-12
    SUTTERS, Charles Alexander appointed
    director
  33. 2017-03-06
    SHAH, Snehal resigned
    director
  34. 2017-02-08
    SMITH, Stuart John appointed
    director
  35. 2016-07-15
    BUSHNELL, Adrian John resigned
    director
  36. 2016-07-15
    MASON, Geoffrey Keith Howard appointed
    director
  37. 2016-06-13
    SHAH, Snehal appointed
    director
  38. 2016-06-13
    WILSON, Andrew James resigned
    director
  39. 2014-04-18
    ADELMAN, Jonathan Mark resigned
    director
  40. 2014-04-18
    BUSHNELL, Adrian John appointed
    director
  41. 2012-06-01
    ADELMAN, Jonathan Mark appointed
    director
  42. 2012-05-31
    NOBLE, Michael Jeremy resigned
    director
  43. 2009-03-16
    BATY, John Clifford resigned
    director
  44. 2009-03-16
    BATY, John Clifford resigned
    director
  45. 2009-03-16
    WILSON, Andrew James appointed
    director
  46. 2008-11-30
    BATY, John Clifford appointed
    director
  47. 2008-11-30
    BATY, John Clifford appointed
    director
  48. 2008-11-30
    PARMAR, Vinod appointed
    director
  49. 2008-11-30
    LADBROKE CORPORATE DIRECTOR LIMITED resigned
    corporate-director
  50. 2008-09-01
    NOBLE, Michael Jeremy appointed
    director
Showing most recent 50 of 92 events

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-10-15: legacy

Group structure

Ladbrokes Coral Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ladbrokes Coral Group Limited
Corporate parent · board control
HINDWAIN LIMITED
This company · 01342336

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
Ladbrokes Coral Group Limited
Corporate entity
75–100%board control75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Ladbroke (Rentals) Limitedceased 30/09/2024· 50-75% shares

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

Statusactive
Typeltd
Incorporated1977-12-05
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

7th Floor, One Stratford Place
Westfield Stratford City, Montfichet Road
London
E20 1EJ
United Kingdom

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (3 active · 37 resigned)

LADBROKES CORAL CORPORATE SECRETARIES LIMITED
corporate-secretary · appointed 2019-11-21
View their other companies + combined net worth →
Active
HADDOW, Sara Kiew
director · ~47y · appointed 2024-11-01
View their other companies + combined net worth →
Active
MORRIS, James
director · ~55y · appointed 2024-11-01
View their other companies + combined net worth →
Active
ARSENIĆ, Sonja
secretary · appointed 2019-09-30 · resigned 2019-11-21
Resigned
ATKIN, Peter Neil
secretary · resigned 1996-09-30
Resigned
HUGHES, Barbara
secretary · appointed 1996-09-30 · resigned 2001-06-04
Resigned
LADBROKES CORAL CORPORATE SECRETARIES LIMITED
corporate-secretary · appointed 2001-06-04 · resigned 2019-09-30
Resigned
ADELMAN, Jonathan Mark
director · ~53y · appointed 2012-06-01 · resigned 2014-04-18
Resigned
ANDERSON, Randolph John
director · ~78y · resigned 1996-06-30
Resigned
ANDREWS, Christopher Henry
director · ~86y · resigned 1992-08-19
Resigned
BALLINGALL, Robert David
director · ~71y · appointed 1995-01-11 · resigned 2006-02-23
Resigned
BARKER, Pamela Joy
director · ~67y · appointed 1996-11-20 · resigned 2000-03-31
Resigned
BATY, John Clifford
director · ~56y · appointed 2008-11-30 · resigned 2009-03-16
Resigned
BATY, John Clifford
director · ~56y · appointed 2008-11-30 · resigned 2009-03-16
Resigned
BATY, John Clifford
director · ~56y · appointed 2005-02-03 · resigned 2006-11-02
Resigned
BEARDSELL, Lindsay Claire
director · ~50y · appointed 2018-04-16 · resigned 2018-06-04
Resigned
BOXER, Martin Manus
director · ~83y · resigned 1994-12-31
Resigned
BOYDELL, Joanna
director · ~57y · appointed 2003-05-06 · resigned 2005-02-03
Resigned
BUSHNELL, Adrian John
director · ~62y · appointed 2014-04-18 · resigned 2016-07-15
Resigned
CLARKE, James Henry
director · ~92y · resigned 1995-01-11
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Asda Stores
Asda Stores Limited
Legal charge1 property01/09/198804/08/1994

Recent filings (217 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-29
accounts-with-accounts-type-full
accounts · AA
2025-09-24
termination-director-company-with-name-termination-date
officers · TM01
2024-11-04
termination-director-company-with-name-termination-date
officers · TM01
2024-11-04
appoint-person-director-company-with-name-date
officers · AP01
2024-11-04
appoint-person-director-company-with-name-date
officers · AP01
2024-11-04
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-10-15
legacy
capital · SH20
2024-10-15
legacy
insolvency · CAP-SS
2024-10-15
resolution
resolution · RESOLUTIONS
2024-10-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-dormant
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05