CARLISLE REFRIGERATION LIMITED
🌳Matureactive
01844394 · ltd · incorporated 1984-08-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£7.72M
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
🏦
Refinance opportunity
14 live charges · 8 lenders · oldest 40.9y
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 40.9 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (75/100)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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
158 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £7,716,449
Key financials
1 year extracted from filed iXBRL accountsCash
£86k
Net Worth
£7.7m
Current Assets
£11m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Total assets | £8.70M |
| Current assets | £10.96M |
| Cash | £85.9k |
| Net assets | £7.72M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 address
Last 180 days
14
filings
- • 7 mortgage
- • 5 officers
- • 2 address
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
- 2026-03-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2026-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-04🔓Charge satisfied #10
- 2026-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-02➕MURRAY, Orla appointedsecretary
- 2026-02-02➕HAMPSEY, David appointeddirector
- 2026-02-02➕MEECHAN, Ronald appointeddirector
- 2026-02-02➖HANCOCK, Benjamin David resigneddirector
- 2026-02-02➖SWATTS, Mark Stephen resigneddirector
- 2026-01-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-14🔓Charge satisfied #14
- 2026-01-14🔓Charge satisfied #13
- 2026-01-14🔓Charge satisfied #12
- 2026-01-14🔓Charge satisfied #11
- 2026-01-14🔓Charge satisfied #9
- 2026-01-14🔓Charge satisfied #8
- 2025-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2025-08-26📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-01-11📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-13🔒Charge registered #14Lender: Hsbc UK Bank PLC
- 2023-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-08🔒Charge registered #13Lender: Hsbc UK Bank PLC
- 2023-09-07🔓Charge satisfied #7
- 2023-09-05➕HANCOCK, Benjamin David appointeddirector
- 2023-09-05➖LOWE, David Eric resigneddirector
- 2023-09-05➖LOWE, Heather Joan resigneddirector
- 2023-09-05➕SWATTS, Mark Stephen appointeddirector
- 2023-09-05🔒Charge registered #12Lender: Hsbc Invoice Finance (UK) Limited
- 2023-09-05🔒Charge registered #11Lender: Corpacq Limited
- 2023-09-05🔒Charge registered #10Lender: Mark Swatts
- 2023-09-05🔒Charge registered #9Lender: Hsbc UK Bank PLC
- 2023-09-05🔒Charge registered #8Lender: Hsbc UK Bank PLC
- 2022-04-01➖THOMPSON, David Robert resignedsecretary
- 2020-03-05🔓Charge satisfied #4
- 2020-03-05🔓Charge satisfied #3
- 2020-03-05🔓Charge satisfied #2
Showing most recent 50 of 69 events
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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
2 med · 1 low2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: HANCOCK, Benjamin David resigned 2026-02-02; SWATTS, Mark Stephen resigned 2026-02-02
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Carlisle Refrigeration Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Carlisle Refrigeration Holdings Limited
Corporate parent · holds 75-100% shares
⬇
CARLISLE REFRIGERATION LIMITED
This company · 01844394
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Carlisle Refrigeration Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mrs Heather Joan Loweceased 24/02/2017· 25-50% shares
- David Eric Loweceased 06/04/2016· 75-100% 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 →Similar companies
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|---|---|---|---|---|---|---|---|
| ANDREW LOWDEN PLANT & AGRICULTURAL REPAIRS LTD→ 07191225 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ANGUILLA SOLUTIONS LIMITED→ 04721337 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ARC WELDING & FABRICATION LTD→ 16987594 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BETTER TOMORROW BRANDS LTD→ 14863984 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BORDER OFFSET LIMITED→ 01451674 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
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| CANDLE BOYS LTD→ 12898152 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CARLISLE FURNITURE LIMITED→ 11870851 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CARLISLE REFRIGERATION (HOLDINGS) LIMITED→ 07229383 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CAWSON CONSULTANTS LTD→ 14485259 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CG SERVICES LIMITED→ 09466667 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1984-08-30
Jurisdictionengland-wales
Primary SIC33190 — SIC 33190
Registered office
Kingstown Industrial Estate
Brunthill Road
Carlisle
CA3 0EH
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-17
Last: 2025-09-03
Officers (3 active · 10 resigned)
Active
HAMPSEY, David→
Activedirector · ~56y · appointed 2026-02-02
View their other companies + combined net worth →
MEECHAN, Ronald→
Activedirector · ~51y · appointed 2026-02-02
View their other companies + combined net worth →
CARR, Thomas Neil→
Resignedsecretary · resigned 1997-01-01
NAUDE, Eileen May→
Resignedsecretary · appointed 1997-01-01 · resigned 1999-10-07
THOMPSON, David Robert→
Resignedsecretary · appointed 1999-10-07 · resigned 2022-04-01
CARR, Thomas Neil→
Resigneddirector · ~88y · resigned 1997-01-01
HANCOCK, Benjamin David→
Resigneddirector · ~35y · appointed 2023-09-05 · resigned 2026-02-02
IRVINE, George Herbert→
Resigneddirector · ~85y · resigned 2003-03-31
LOWE, David Eric→
Resigneddirector · ~71y · resigned 2023-09-05
LOWE, Heather Joan→
Resigneddirector · ~71y · appointed 2018-04-01 · resigned 2023-09-05
SWATTS, George Stephen→
Resigneddirector · ~78y · resigned 2011-06-03
SWATTS, Mark Stephen→
Resigneddirector · ~54y · appointed 2023-09-05 · resigned 2026-02-02
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
0
Outstanding
0
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 13/09/2023 | 14/01/2026 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 08/09/2023 | 14/01/2026 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | — | 05/09/2023 | 14/01/2026 | |
| satisfied | Corpacq Corpacq Limited | A registered charge | — | 05/09/2023 | 14/01/2026 | |
| satisfied | Mark Swatts | A registered charge | — | 05/09/2023 | 04/02/2026 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 05/09/2023 | 14/01/2026 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 05/09/2023 | 14/01/2026 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 07/11/2019 | 07/09/2023 | |
| satisfied | George Stephen Swatts | Third party legal charge | 1 property | 03/06/2011 | 09/06/2014 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | All assets debenture | 1 property | 06/05/2011 | 16/06/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A standard security which was presented for registration in scotland on 15 february 2001 | 1 property | 04/01/2001 | 05/03/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 02/10/1998 | 05/03/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 23/09/1988 | 05/03/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage debenture | 1 property | 28/06/1985 | 05/03/2020 |
Recent filings (158 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-25
appoint-person-secretary-company-with-name-date
officers · AP03
2026-02-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-12
termination-director-company-with-name-termination-date
officers · TM01
2026-02-12
termination-director-company-with-name-termination-date
officers · TM01
2026-02-12
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-03
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-14
accounts-with-accounts-type-full
accounts · AA
2025-09-29