ARRIVA MIDLANDS NORTH LIMITED

🌳Matureactive
01556305 · ltd · incorporated 1981-04-15
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 49319
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

17 live charges · 12 lenders · oldest 38.3y

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 38.3 years old — likely at or near maturity.
  • · 12 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: medium (58/100)

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
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
66 officers (3 active, 66 linked, 59 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
330 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (180 events)Click to expand
  1. 2025-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-12-22
    FRANCE, Toby Jake appointed
    director
  3. 2025-12-22
    O'LEARY, Gerald Edward resigned
    director
  4. 2025-12-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-07
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2025-09-02
    📄
    legacy
    accounts · PARENT_ACC
  7. 2025-09-02
    📄
    legacy
    other · GUARANTEE2
  8. 2025-09-02
    📄
    legacy
    other · AGREEMENT2
  9. 2024-12-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2024-11-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-11-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-11-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-11-29
    🔓
    Charge satisfied #17
  14. 2024-11-29
    🔓
    Charge satisfied #15
  15. 2024-11-29
    🔓
    Charge satisfied #14
  16. 2024-09-25
    CUMMINS, Philip resigned
    director
  17. 2024-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2024-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-09-11
    DUNNE, Ryan Brendan appointed
    director
  20. 2024-08-19
    EGGLETON, Nigel Anthony resigned
    director
  21. 2024-08-19
    PERKIN, Jason Mathew resigned
    director
  22. 2024-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2024-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2024-08-06
    BURKITT, Michael Thomas appointed
    director
  25. 2024-08-06
    O'LEARY, Gerald Edward appointed
    director
  26. 2024-08-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2024-08-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2024-08-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  29. 2024-05-03
    📄
    capital-allotment-shares
    capital · SH01
  30. 2024-05-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2024-05-02
    EGGLETON, Nigel Anthony appointed
    director
  32. 2024-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  33. 2023-11-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  34. 2023-11-10
    SMITH, Gary John resigned
    director
  35. 2023-09-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  36. 2023-07-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  37. 2023-07-14
    GODLEY, Andrew resigned
    director
  38. 2023-02-09
    SMITH, Gary John appointed
    director
  39. 2023-02-01
    MATHIESON, Simon William resigned
    director
  40. 2022-12-01
    CUMMINS, Philip appointed
    director
  41. 2022-11-30
    O'LEARY, Kevin Liam resigned
    director
  42. 2021-10-11
    ASHCROFT, Alison resigned
    director
  43. 2021-03-31
    BOWD, Mark Antony resigned
    director
  44. 2020-06-12
    EDWARDS, Lorna resigned
    secretary
  45. 2020-04-01
    EDWARDS, Tina Colleen resigned
    director
  46. 2020-04-01
    GODLEY, Andrew appointed
    director
  47. 2019-10-11
    ASHCROFT, Alison appointed
    director
  48. 2019-03-26
    WOODHOUSE, Cora resigned
    director
  49. 2018-08-21
    EDWARDS, Tina Colleen appointed
    director
  50. 2018-07-24
    THORNLEY, Mark Andrew resigned
    director
Showing most recent 50 of 180 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·
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

Arriva Uk Bus Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Arriva Uk Bus Holdings Limited
Corporate parent
ARRIVA MIDLANDS NORTH LIMITED
This company · 01556305

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
Arriva Uk Bus Holdings Limited
Corporate entity
75–100%75-100% voting · firm interest06/04/2016

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

Statusactive
Typeltd
Incorporated1981-04-15
Jurisdictionengland-wales
Primary SIC49319 — SIC 49319

Registered office

1 Admiral Way
Doxford International Business
Park, Sunderland
Tyne & Wear
SR3 3XP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-05
Last: 2025-05-22

Officers (3 active · 63 resigned)

BURKITT, Michael Thomas
director · ~66y · appointed 2024-08-06
View their other companies + combined net worth →
Active
DUNNE, Ryan Brendan
director · ~42y · appointed 2024-09-11
View their other companies + combined net worth →
Active
FRANCE, Toby Jake
director · ~42y · appointed 2025-12-22
View their other companies + combined net worth →
Active
DAVIES, Elizabeth Anne
secretary · appointed 2005-01-18 · resigned 2013-12-16
Resigned
DOYLE, Michael Gerard
secretary · appointed 1994-11-22 · resigned 1996-08-01
Resigned
EDWARDS, Lorna
secretary · appointed 2013-12-16 · resigned 2020-06-12
Resigned
ROGERSON, Keith Anthony
secretary · appointed 1993-05-14 · resigned 1994-11-22
Resigned
TURNER, David Paul
secretary · appointed 1996-08-01 · resigned 2005-01-18
Resigned
WILLIAMS, Robert Timothy
secretary · resigned 1993-05-14
Resigned
BRITISH BUS (COMPANY SECRETARIES) LIMITED
corporate-secretary · appointed 1995-06-30 · resigned 1996-08-01
Resigned
ASHCROFT, Alison
director · ~62y · appointed 2019-10-11 · resigned 2021-10-11
Resigned
BARKER, Neil James
director · ~62y · appointed 1999-05-04 · resigned 2004-10-31
Resigned
BARLOW, John Charles
director · ~70y · appointed 2005-05-09 · resigned 2015-11-27
Resigned
BAXTER, Barry James
director · ~79y · appointed 1994-11-01 · resigned 2002-06-28
Resigned
BAYFIELD, Stephen
director · ~72y · appointed 1996-06-27 · resigned 1997-02-28
Resigned
BELFIELD, Kevin John
director · ~60y · appointed 2000-01-04 · resigned 2004-10-31
Resigned
BOWD, Mark Antony
director · ~64y · appointed 2016-01-22 · resigned 2021-03-31
Resigned
BOWLER, Richard Anthony
director · ~73y · appointed 2000-07-27 · resigned 2016-09-30
Resigned
BOWLER, Richard Charles
director · ~79y · appointed 1992-10-12 · resigned 1995-09-11
Resigned
CHEVEAUX, Robert James
director · ~63y · appointed 2013-10-07 · resigned 2018-01-29
Resigned

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

Mortgages & charges

17
Total charges
0
Outstanding
0
Active lenders
Status:Lender:17 of 17 shown
TypeProperties
satisfied
Lombard North Central
Lombard North Central PLC
Chattel mortgage1 property28/06/201029/11/2024
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property10/10/200826/07/2013
satisfied
Barclays
Barclays Bank PLC
Mortgage1 property19/05/200829/11/2024
satisfied
Ing Lease (UK)
Ing Lease (UK) Limited
Mortgage1 property23/11/200629/11/2024
satisfied
Barclays
Barclays Mercantile Business Finance Limited
Mortgage3 properties10/05/200608/06/2011
satisfied
Forward Trust
Forward Trust Limited
Chattel mortgage1 property29/12/199410/06/1997
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of charge and set-off1 property15/08/199406/07/1995
satisfied
The First National Bank of Boston("the Agent")
Fixed and floating charge1 property04/05/199423/06/1998
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property12/01/199406/07/1995
satisfied
Credit Lyonnais
Legal charge1 property05/05/199302/05/1998
satisfied
Credit Lyonnais
Legal charge1 property05/05/199302/05/1998
satisfied
Bank Julius Baer & Co.
Bank Julius Baer & Co. LTD
Legal charge1 property10/12/199202/05/1998
satisfied
The First National Bank of Boston
Fixed and floating charge1 property10/12/199217/09/1994
satisfied
The First National Bank of Boston
Fixed charge1 property10/12/199217/09/1994
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property12/09/199017/09/1994
satisfied
The First National Bank of Boston.
Fixed and floating charge1 property03/05/198901/07/1993
satisfied
The First National Bank of Boston
Fixed and floating charge1 property27/01/198801/07/1993

Recent filings (330 total)

appoint-person-director-company-with-name-date
officers · AP01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-12-22
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-07
legacy
accounts · PARENT_ACC
2025-09-02
legacy
other · GUARANTEE2
2025-09-02
legacy
other · AGREEMENT2
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-full
accounts · AA
2024-12-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-29
termination-director-company-with-name-termination-date
officers · TM01
2024-09-25
appoint-person-director-company-with-name-date
officers · AP01
2024-09-12
termination-director-company-with-name-termination-date
officers · TM01
2024-08-19
termination-director-company-with-name-termination-date
officers · TM01
2024-08-19