AVINGMEN LIMITED
- · Oldest live charge 35.6y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 35.6y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 35.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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.
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £546.5k | £538.7k |
| Current assets | £34.5k | £6.0k |
| Cash | £33.1k | £568 |
| Debtors | £1.4k | £5.4k |
| Net assets | £546.5k | £538.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (18 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-12📄mortgage-charge-whole-cease-and-release-with-charge-numbermortgage · MR05
- 2018-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-21📄change-person-director-company-with-change-dateofficers · CH01
- 2017-09-21📄change-person-director-company-with-change-dateofficers · CH01
- 2017-09-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-06-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1994-08-12🔒Charge registered #2Lender: Damik Limited
- 1990-12-07🔒Charge registered #1Lender: National Westminster Bank PLC
- 1988-03-16🏢Company incorporatedAs AVINGMEN LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 74 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 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Bruce Barnes Individual · United Kingdom · DOB 07/1952 · age 74 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 · Professional services · TA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.V.P. LIMITED→ 02383629 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| ASG SERVICES (SOUTH WEST) LIMITED→ 11161662 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ASPEN WAITE GROUP LIMITED→ 13903444 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ASPEN WAITE LIMITED→ 03775995 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ASTUTE MACHINERY CONSULTANTS LTD→ 11031858 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ATHLON CONSULTING LTD→ 14913615 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATLAS GREEN SERVICES LIMITED→ 17019497 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ATTICUS KNOWLEDGE LIMITED→ 12109614 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ATTICUS LYNX CONSULTING (ALC) LIMITED→ 14661403 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AVIATION & MARINE (SERVICES) LIMITED→ 08579156 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AW INSPECTION SERVICES LTD→ 10003577 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AWJ ACCOUNTANCY SERVICES LIMITED→ 07624164 · 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 (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Damik Damik Limited | Legal charge | 1 property | 12/08/1994 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 07/12/1990 | — |