PEN AND INK BOOK COMPANY LIMITED(THE)
- · Oldest live charge 36.7y old — refinance window within 12 months
- 90030Artistic creation
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 36.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 36.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £120.0k | £154.1k |
| Current assets | £134.7k | £167.3k |
| Net assets | £118.7k | £150.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Corporate timeline (27 events)Click to expand
- 2025-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-09-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-06➕LEONARD, Fiona appointeddirector
- 2016-04-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2008-05-01➖TEMPLE SECRETARIES LIMITED resignedcorporate-secretary
- 2006-08-31➖MEYER, Janine Marjorie resignedsecretary
- 2006-08-31➕TEMPLE SECRETARIES LIMITED appointedcorporate-secretary
- 1999-06-07🔓Charge satisfied #1
- 1993-02-01➖LEONARD, Rodney William resignedsecretary
- 1993-02-01➕MEYER, Janine Marjorie appointedsecretary
- 1993-02-01➖LEONARD, Rodney William resigneddirector
- 1992-06-12🔓Charge satisfied #2
- 1990-10-31🔒Charge registered #2Lender: John Dobson
- 1989-08-30🔒Charge registered #1Lender: Lloyds Bank PLC
- 1983-04-06🏢Company incorporatedAs PEN AND INK BOOK COMPANY LIMITED(THE)
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 71 — 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 71 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 43 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
cleanShareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony Leonard Individual · British · DOB 12/1955 · age 71 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mr Rodney William Leonard Individual · British · DOB 11/1947 · age 79 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Rodney William Leonard Individual · British · DOB 11/1947 · age 79 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | John Dobson / Audrey Dobson(Trading as J. Dobson & Son) / Sam Dobson | Debenture | 1 property | 31/10/1990 | 12/06/1992 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 30/08/1989 | 07/06/1999 |