MHF REALISATIONS LIMITED
💤Zombieactive
01870598 · ltd · incorporated 1984-12-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
32/100
Pass
What this business does
Primary activity: SIC 3611
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 32/100 (pass), bankability 2/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (80/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
22 live charges · 8 lenders · oldest 40.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.9 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (47/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
22 charges (22/22 with lender, 22/22 with type)
90
Directors & officers
11 officers (0 active, 11 linked, 8 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
129 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
32/100Pass
PassWatchWorth a lookStrongExceptional
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Business quality
15
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
0
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (81 events)Click to expand
- 2021-09-15📄restoration-order-of-courtrestoration · AC92
- 2015-01-20📄gazette-dissolved-compulsorygazette · GAZ2
- 2015-01-20🏁Company dissolved
- 2014-10-07📄gazette-notice-compulsorygazette · GAZ1
- 2011-09-14⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2011-09-14⚠️legacyinsolvency · LQ02
- 2011-07-26⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2010-08-12⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2009-07-22⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2008-08-07⚠️liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-dateinsolvency · 3.6
- 2007-07-05⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2006-07-05⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2005-08-02⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2005-07-20⚠️legacyinsolvency · 405(2)
- 2004-08-28⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2004-02-02📄legacyofficers · 288b
- 2004-02-02📄legacyofficers · 288b
- 2004-01-19📄legacyofficers · 288b
- 2004-01-12📄legacyofficers · 288a
- 2004-01-12📄legacyofficers · 288b
- 2004-01-12📄legacyofficers · 288b
- 2004-01-06➖HOWELL, Christopher resigneddirector
- 2003-12-19➕HOWELL, Christopher appointeddirector
- 2003-07-16⚠️liquidation-receiver-abstract-of-receipts-and-paymentsinsolvency · 3.6
- 2003-07-01⚠️legacyinsolvency · 405(2)
- 2003-07-01⚠️legacyinsolvency · 405(1)
- 2002-10-09📄miscellaneousmiscellaneous · MISC
- 2002-10-09⚠️liquidation-receiver-administrative-receivers-reportinsolvency · 3.10
- 2002-07-17➖BRANDT, Michael Roger resigneddirector
- 2002-07-15➖STONE, Robert Eric resignedsecretary
- 2002-07-15➖STONE, Robert Eric resigneddirector
- 2001-10-11➖COWLISHAW, John Robert resigneddirector
- 2001-08-22🔒Charge registered #22Lender: Paul Anthony Millership
- 2001-04-30➖GASTER, David resignedsecretary
- 2001-04-30➕STONE, Robert Eric appointedsecretary
- 2001-04-30➕BRANDT, Michael Roger appointeddirector
- 2001-04-30➖GASTER, David resigneddirector
- 2001-04-30➕STONE, Robert Eric appointeddirector
- 2000-11-08➖AMEY, John Richard resigneddirector
- 1998-07-17🔒Charge registered #21Lender: Paul Anthony Millership
- 1998-07-17🔒Charge registered #20Lender: Royal Bank Investments Limited
- 1998-07-17🔒Charge registered #18Lender: Paul Anthony Millership
- 1998-07-17🔒Charge registered #17Lender: Royal Bank Investments Limited
- 1998-06-05🔒Charge registered #16Lender: National Westminster Bank PLC
- 1998-05-06🔓Charge satisfied #13
- 1998-05-06🔓Charge satisfied #12
- 1998-05-06🔓Charge satisfied #11
- 1998-05-06🔓Charge satisfied #10
- 1998-05-06🔓Charge satisfied #9
- 1998-05-06🔓Charge satisfied #8
Showing most recent 50 of 81 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high · 2 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2003-02-28
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-07-23
No active directors on record
highCompany is active but has no current directors in the register. This is unusual and should be investigated.
15 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-09-14: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2011-09-14: legacy
Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Similar companies
Active · Energy & utilities · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J ROBERTS ENGINEERING SERVICES LTD→ 11206679 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| A WYMARK ELECTRICAL LIMITED→ 08663893 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A.S.L SKIP AND GRAB HIRE LTD→ 16899976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASHFORD MILL DEVELOPMENTS LTD→ 06585285 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AWS TOPCO LIMITED→ 12631862 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| B. WINFIELDALE & SONS LIMITED→ 03960869 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| BARLEYMANS LIMITED→ 04686907 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BELPER SKIP HIRE LIMITED→ 05262636 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BETA JETTING SERVICES LTD→ 06637059 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| BM TECH LIMITED→ 05423122 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BRIAN DRAGE WATER TREATMENT CONSULTANT LIMITED→ 08060084 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| BRIDGE WASTE DISPOSAL LIMITED→ 05094995 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
12 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
Incorporated1984-12-11
Jurisdictionengland-wales
Primary SIC3611 — SIC 3611
Registered office
Hallam Fields Road
Ilkeston
Derbyshire
DE7 4AZ
Filing status
Accounts
Next due: 2003-02-28OVERDUE
Last made up to: —
Confirmation statement
Next due: 2016-07-23OVERDUE
Last: —
Officers (0 active · 11 resigned)
GASTER, David→
Resignedsecretary · appointed 1998-04-23 · resigned 2001-04-30
MILLERSHIP, Paul Anthony→
Resignedsecretary · resigned 1998-04-23
STONE, Robert Eric→
Resignedsecretary · appointed 2001-04-30 · resigned 2002-07-15
AMEY, John Richard→
Resigneddirector · ~75y · appointed 1998-04-23 · resigned 2000-11-08
BRANDT, Michael Roger→
Resigneddirector · ~79y · appointed 2001-04-30 · resigned 2002-07-17
COWLISHAW, John Robert→
Resigneddirector · ~68y · appointed 1998-04-23 · resigned 2001-10-11
GASTER, David→
Resigneddirector · ~78y · appointed 1998-04-23 · resigned 2001-04-30
HOWELL, Christopher→
Resigneddirector · ~67y · appointed 2003-12-19 · resigned 2004-01-06
KEELY, Terence→
Resigneddirector · ~80y · resigned 1998-04-23
MILLERSHIP, Paul Anthony→
Resigneddirector · ~78y · resigned 1998-04-23
STONE, Robert Eric→
Resigneddirector · ~72y · appointed 2001-04-30 · resigned 2002-07-15
Click a director name to see their full track record across all companies.
Mortgages & charges
22
Total charges
9
Outstanding
4
Active lenders
Status:Lender:22 of 22 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paul Anthony Millership | Deed of rectification of a debenture of 17 july 1998 and | 1 property | 22/08/2001 | — | |
| outstanding | Paul Anthony Millership | Debenture | 1 property | 17/07/1998 | — | |
| outstanding | Royal Bank Investments Royal Bank Investments Limited | Debenture | 1 property | 17/07/1998 | — | |
| outstanding | Paul Anthony Millership | Debenture | 1 property | 17/07/1998 | — | |
| outstanding | Royal Bank Investments Royal Bank Investments Limited | Debenture | 1 property | 17/07/1998 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 05/06/1998 | — | |
| outstanding | National Westminster Bank ,as Trustee for Itself and as Trustee for Theagent and the Banks and the Overdraft Bank and the Swap Counterparties National Westminster Bank PLC,as Trustee for Itself and as Trustee for Theagent and the Banks and the Overdraft Bank and the Swap Counterparties | Debenture | 1 property | 23/04/1998 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 23/04/1998 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 3 properties | 23/04/1998 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 19/05/1995 | 06/05/1998 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/05/1995 | 06/05/1998 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/05/1995 | 06/05/1998 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/05/1995 | 06/05/1998 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 19/05/1995 | 06/05/1998 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/05/1995 | 06/05/1998 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/05/1995 | 06/05/1998 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 2 properties | 07/06/1993 | 06/05/1998 | |
| satisfied | Falcon Langford Group Falcon Langford Group Limited | Legal charge | 1 property | 15/11/1991 | 04/05/1995 | |
| satisfied | Close Brothers Close Brothers Limited | Credit agreement | 1 property | 11/04/1990 | 04/05/1995 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 28/04/1989 | 01/04/1998 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 23/10/1985 | 01/04/1998 | |
| satisfied | Beaverfoam . Beaverfoam PLC. | Fixed charge on bookdebts | 1 property | 19/07/1985 | 28/07/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (129 total)
restoration-order-of-court
restoration · AC92
2021-09-15
gazette-dissolved-compulsory
gazette · GAZ2
2015-01-20
gazette-notice-compulsory
gazette · GAZ1
2014-10-07
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2011-09-14
legacy
insolvency · LQ02
2011-09-14
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2011-07-26
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2010-08-12
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2009-07-22
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2008-08-07
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2007-07-05
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2006-07-05
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2005-08-02
legacy
insolvency · 405(2)
2005-07-20
liquidation-receiver-abstract-of-receipts-and-payments
insolvency · 3.6
2004-08-28
legacy
officers · 288b
2004-02-02