A.R. HENDRICKS LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 66/100 (strong), bankability 67/100. Asset purchase likely safer than share purchase given structural signals. 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 (38/100).
Refinance opportunity
16 live charges · 4 lenders · oldest 38.5y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 38.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1 | £1 |
| Current assets | £1 | £1 |
| Debtors | £1 | £1 |
| Net assets | £1 | £1 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (97 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-31➕WHITE, Jonathan Barry, Mr. appointeddirector
- 2023-03-31➖BITHELL, Charles Peter resigneddirector
- 2022-10-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-09-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-05➖SOCKETT, Martin John, Mr. resigneddirector
- 2022-09-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-12-31➕WAGSTAFF, Andrew Thomas appointeddirector
- 2021-12-31➖GRAFTON GROUP SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2021-12-31➕BITHELL, Charles Peter appointeddirector
- 2021-12-31➖O'HARA, Brian resigneddirector
- 2021-12-31➕SOCKETT, Martin John, Mr. appointeddirector
- 2021-12-31➖WILKINSON, Garrett resigneddirector
- 2021-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-30📄legacycapital · SH20
- 2021-04-30📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-04-30⚠️legacyinsolvency · CAP-SS
- 2015-04-30➖HODGKISS, Brian resigneddirector
- 2014-07-15➖CHIVERTON, Roy Mark resigneddirector
- 2014-06-18➖O'DONOVAN, Colin resigneddirector
- 2014-05-02➕WILKINSON, Garrett appointeddirector
- 2013-09-09➖O'NUALLAIN, Colm resigneddirector
- 2013-05-28➕O'DONOVAN, Colin appointeddirector
- 2012-09-06➖MCCABE, Michael Francis resigneddirector
- 2011-12-31➖MARTIN, Leo James resigneddirector
- 2011-09-30➖MIDDLETON, Kevin Paul resigneddirector
- 2009-12-31➖JONES, John Stuart resigneddirector
- 2008-12-12➕O'HARA, Brian appointeddirector
- 2008-05-30➖CHADWICK, Michael resigneddirector
- 2008-05-30➕MARTIN, Leo James appointeddirector
- 2005-11-01➖HENDRICKS, Anthony Richard resigneddirector
- 2005-06-28➖SOWTON, Jonathon Paul resigneddirector
- 2005-06-21➕MCCABE, Michael Francis appointeddirector
- 2005-06-21➕SOWTON, Jonathon Paul appointeddirector
- 2001-12-08🔓Charge satisfied #9
- 2001-12-08🔓Charge satisfied #5
- 2000-09-07🔓Charge satisfied #3
- 2000-08-26🔓Charge satisfied #16
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-04-30: legacy
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Building Supplies Distribution Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Building Supplies Distribution Limited Corporate entity | 75–100% | — | 75-100% shares | 18/12/2020 |
1 historic (ceased) PSC
- Grafton Group (Uk) Plcceased 18/12/2020· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Other · LL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 43:19 LTD→ 16010556 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A PLACE FOR EVERYTHING LIMITED→ 06528160 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ABC TV LTD→ 08640099 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ABERCONWY SEPTIC TANKS LIMITED→ 04230102 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AE SEWING MACHINES LTD→ 09969890 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AGE WELL HWYLIOG MON→ 08380189 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AGUAHOLD LIMITED→ 05893784 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALCHEMY CRYPTO LOANS LLP→ OC453160 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALFAGEN LIMITED→ 14940468 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALIGNED BUILDING CONSULTANCY LTD→ 16770151 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL GYM SAFETY SERVICES LIMITED→ 13139864 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALL SEASONS FACILITY MANAGEMENT LLP→ OC368739 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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 · 24 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/10/1993 | 26/08/2000 | |
| satisfied | 3I 3I PLC | Mortgage | 1 property | 04/10/1993 | 29/09/1998 | |
| outstanding | Harold Frederick Wensley Cory | Rent deposit deed | 1 property | 23/12/1992 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 19/06/1990 | 26/08/2000 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 06/02/1990 | 26/08/2000 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/01/1990 | 19/02/1991 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/02/1989 | 26/08/2000 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/02/1989 | 08/12/2001 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/02/1989 | 26/08/2000 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 03/02/1989 | 19/02/1991 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/02/1989 | 26/08/2000 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/09/1988 | 08/12/2001 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/09/1988 | 19/02/1991 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 30/11/1987 | 07/09/2000 | |
| satisfied | Investors in Industry Investors in Industry PLC | Supplemental legal charge | 1 property | 30/11/1987 | 29/09/1998 | |
| satisfied | Investors in Industry Investors in Industry PLC | Debenture | 1 property | 30/11/1987 | 29/09/1998 |