ACREBIND LIMITED

🌳Matureactive
02168217 · ltd · incorporated 1987-09-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 80). 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 (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 38.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 38.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · 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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Average employees300300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 3 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-01-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-01-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2026-01-27
    🔓
    Charge satisfied #3
  6. 2026-01-27
    🔓
    Charge satisfied #2
  7. 2026-01-27
    🔓
    Charge satisfied #1
  8. 2025-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2025-02-28
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  10. 2025-02-28
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  11. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-09-12
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2023-09-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  14. 2023-09-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-06-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 1994-01-24
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC,
  22. 1988-05-18
    🔒
    Charge registered #2
    Lender: Carole Morgan
  23. 1988-01-05
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 1987-09-22
    🏢
    Company incorporated
    As ACREBIND LIMITED

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 80 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 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 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Kevin Harry Morgan
Individual · British · DOB 03/1946 · age 80
2550%
25-50% shares02/10/2016
Mrs Marcia Morgan
Individual · British · DOB 03/1948 · age 78
2550%
25-50% shares02/10/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1987-09-22
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation

Registered office

10 Nepgill Park
Bridgefoot
Workington
Cumbria
CA14 1YG

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (3 active · 0 resigned)

MORGAN, Kevin Harry
secretary
View their other companies + combined net worth →
Active
MORGAN, Kevin Harry
director · ~80y
View their other companies + combined net worth →
Active
MORGAN, Marcia
director · ~78y
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC,
Debenture1 property24/01/199427/01/2026
satisfied
Carole Morgan / Philip Trevor Morgan
Mortgage1 property18/05/198827/01/2026
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge2 properties05/01/198827/01/2026

Recent filings (104 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-27
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-27
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-11
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-02-28
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
confirmation-statement
confirmation-statement · CS01
2023-09-20
resolution
resolution · RESOLUTIONS
2023-09-12
capital-name-of-class-of-shares
capital · SH08
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-02