F BENDER LIMITED
Opportunity 69/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 14 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
Refinance opportunity
24 live charges · 14 lenders · oldest 41.7y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 41.7 years old — likely at or near maturity.
- · 14 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (55/100)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.
Recent activity
- • 1 accounts
- • 1 accounts
- • 1 accounts
- • 1 resolution
- • 1 capital
Corporate timeline (163 events)Click to expand
- 2026-05-14📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-27📄resolutionresolution · RESOLUTIONS
- 2025-12-18📄capital-allotment-sharescapital · SH01
- 2025-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-28📄memorandum-articlesincorporation · MA
- 2025-10-28📄resolutionresolution · RESOLUTIONS
- 2025-10-27➕IVKOV, Zlatislav appointeddirector
- 2025-10-27➕PREVEDINI, Luca appointeddirector
- 2025-10-27➕SIMONAZZI, Daniele appointeddirector
- 2025-10-27➖CREMASCHI, Antonio resigneddirector
- 2025-10-27➖CUNLIFFE, Andrew Harvey resigneddirector
- 2025-10-27➖IVKOV, Zlatislav resigneddirector
- 2025-10-27➖KIRKLAND, Claire Louise resigneddirector
- 2025-10-27➖SIMONAZZI, Daniele resigneddirector
- 2025-10-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-30📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-05📄resolutionresolution · RESOLUTIONS
- 2025-02-28📄capital-allotment-sharescapital · SH01
- 2024-12-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-04🔒Charge registered #24Lender: Asset Advantage Limited
- 2024-10-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-18🔒Charge registered #23Lender: Leumi UK Group Limited
- 2024-09-12➕IVKOV, Zlatislav appointeddirector
- 2023-11-09🔓Charge satisfied #18
- 2023-07-12➕KIRKLAND, Claire Louise appointedsecretary
- 2023-07-12➖SPOZIO, Bruno resignedsecretary
- 2023-07-12➕CREMASCHI, Antonio appointeddirector
- 2023-07-12➖SPOZIO, Bruno resigneddirector
- 2023-06-22🔓Charge satisfied #21
- 2023-06-22🔓Charge satisfied #19
- 2022-09-26🔒Charge registered #22Lender: Leumi UK Group Limited
- 2021-03-05🔒Charge registered #21Lender: C.G. Bretting Manufacturing Co., Inc.
- 2020-08-06🔒Charge registered #20Lender: Leumi Abl Limited
- 2020-07-24➖ELEFANTE, Giorgio resigneddirector
- 2020-07-17➖ZERBINI, Tazio resigneddirector
- 2020-01-09➕KIRKLAND, Claire Louise appointeddirector
- 2020-01-08➕ELEFANTE, Giorgio appointeddirector
- 2020-01-03➖CEBOLLERO, Pedro resigneddirector
- 2020-01-03➖LEVADA, Carlo resigneddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CREMASCHI, Antonio resigned 2025-10-27; CUNLIFFE, Andrew Harvey resigned 2025-10-27; IVKOV, Zlatislav resigned 2025-10-27
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
6 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Francesco Canzonieri Individual · Italian · DOB 07/1978 · age 48 | 25–50% | — | 25-50% shares | 27/10/2025 |
Paola Melley Individual · Italian · DOB 09/1946 · age 80 | 25–50% | — | 25-50% shares | 30/10/2020 |
Mr Luca Prevedini Individual · Italian · DOB 11/1991 · age 35 | — | — | sig. influencesignificant influence | 27/10/2025 |
Mr Daniele Simonazzi Individual · Italian · DOB 12/1971 · age 55 | — | — | sig. influencesignificant influence | 27/10/2025 |
Mr Zlatislav Ivkov Individual · Bulgarian · DOB 09/1973 · age 53 | — | — | sig. influencesignificant influence | 12/09/2024 |
Mrs Claire Louise Kirkland Individual · British · DOB 05/1975 · age 51 | — | — | sig. influencesignificant influence | 01/01/2020 |
1 historic (ceased) PSC
- Mr Andrew Harvey Cunliffeceased 12/11/2025· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (4 active · 47 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Asset Advantage Asset Advantage Limited | A registered charge | — | 04/12/2024 | — | |
| outstanding | Leumi UK Group Leumi UK Group Limited | A registered charge | 1 property | 18/10/2024 | — | |
| outstanding | Leumi UK Group Leumi UK Group Limited | A registered charge | — | 26/09/2022 | — | |
| satisfied | C.G. Bretting Manufacturing Co., . C.G. Bretting Manufacturing Co., Inc. | A registered charge | — | 05/03/2021 | 22/06/2023 | |
| outstanding | Leumi Abl Leumi Abl Limited | A registered charge | 1 property | 06/08/2020 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 07/07/2015 | 22/06/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 28/08/2014 | 09/11/2023 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 10/01/2014 | 19/09/2014 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 17/07/2013 | 19/09/2014 | |
| satisfied | Benders UK Holdings Benders UK Holdings Limited | Debenture | 1 property | 05/02/2010 | 01/09/2012 | |
| satisfied | Venture Finance Venture Finance PLC | Guarantee & debenture | 1 property | 07/01/2010 | 18/09/2015 | |
| satisfied | Barclays Barclays Bank PLC | Charge over bank account | 1 property | 07/01/2010 | 30/01/2014 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 14/05/2008 | 16/06/2011 | |
| satisfied | Barclays Barclays Bank PLC | Chattels mortgage | 1 property | 26/09/2007 | 21/06/2008 | |
| satisfied | Barclays Barclays Mercantile Business Finance Limited | Fixed charge | 1 property | 12/01/2007 | 16/06/2011 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Yorkshire Bank) | Chattel mortgage | 1 property | 26/01/2006 | 16/06/2011 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 26/03/1998 | 08/12/2007 | |
| satisfied | 3I Group 3I Group PLC | Collateral chattel mortgage | 1 property | 13/05/1997 | 07/02/2007 | |
| satisfied | 3I Group 3I Group PLC | Collateral chattel mortgage | 1 property | 07/10/1996 | 07/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 24/03/1994 | 08/12/2007 | |
| satisfied | Bank One Milwaukee Na | Mortgage | 1 property | 06/08/1993 | 27/06/1998 | |
| satisfied | 3I Group 3I Group PLC | Collateral debenture | 1 property | 10/03/1993 | 07/02/2007 | |
| satisfied | Investors in Industry . Investors in Industry PLC. | Collateral chattel mortgage | 1 property | 21/03/1985 | 27/06/1998 | |
| satisfied | Investors in Industry . Investors in Industry PLC. | Collateral debenture | 1 property | 20/09/1984 | 27/06/1998 |