FITTOCKS STUD LIMITED
- · Oldest live charge 22.1y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 22.1y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 22.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £6.17M | £5.84M |
| Current assets | £8.33M | £8.00M |
| Cash | £3.47M | £2.79M |
| Debtors | £221.4k | £111.5k |
| Net assets | £6.17M | £5.84M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (19 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-01➕CUMANI, Sara Doon appointeddirector
- 2019-10-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-11-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-05-10🔓Charge satisfied #1
- 2004-06-29🔒Charge registered #1Lender: National Westminster Bank PLC
- 1980-01-23🏢Company incorporatedAs FITTOCKS STUD LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Luca Matteo Cumani Individual · Italian · DOB 04/1949 · age 77 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 29/06/2004 | 10/05/2013 |