ANCHORMILL LTD.

🌳Matureactive
02255619 · ltd · incorporated 1988-05-10
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-114.9k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

26 live charges · 11 lenders · oldest 37.3y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 37.3 years old — likely at or near maturity.
  • · 11 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
26 charges (26/26 with lender, 26/26 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
163 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £114,946
Very low cash
Cash position: £12
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12
↓ 100% YoY
Net Worth
-£115k
↓ 20% YoY
Current Assets
£29k
↓ 35% YoY
Current Liabilities
—
-£115k-£83k-£51k-£19k£13k£45kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£-108.6k£-74.6k
Current assets£29.1k£44.6k
Cash£12£15.4k
Debtors£29.0k£29.2k
Net assets£-114.9k£-96.2k

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

🔒Filing-note intelligence

2 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
8
filings
  • • 5 officers
  • • 2 persons-with-significant-control
  • • 1 address
Last 90 days
8
filings
  • • 5 officers
  • • 2 persons-with-significant-control
  • • 1 address
Last 180 days
8
filings
  • • 5 officers
  • • 2 persons-with-significant-control
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
  1. 2026-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-06-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-06-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-06-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2026-06-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2026-06-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2026-06-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-12-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-12-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-12-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2022-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-03-01
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2020-08-10
    🔒
    Charge registered #26
    Lender: Sandford Ellis LTD
  20. 2018-07-23
    🔓
    Charge satisfied #21
  21. 2018-01-15
    🔓
    Charge satisfied #25
  22. 2015-06-08
    🔓
    Charge satisfied #24
  23. 2015-06-01
    🔒
    Charge registered #25
    Lender: Radako Limited
  24. 2014-06-06
    🔓
    Charge satisfied #23
  25. 2014-06-06
    🔓
    Charge satisfied #20
  26. 2014-06-06
    🔓
    Charge satisfied #19
  27. 2014-06-06
    🔓
    Charge satisfied #18
  28. 2014-06-05
    🔒
    Charge registered #24
    Lender: Radako Bv
  29. 2013-06-21
    🔒
    Charge registered #23
    Lender: Svenska Handelsbanken Ab (Publ)
  30. 2012-02-22
    🔓
    Charge satisfied #22
  31. 2012-02-22
    🔓
    Charge satisfied #17
  32. 2012-02-22
    🔓
    Charge satisfied #16
  33. 2012-02-22
    🔓
    Charge satisfied #15
  34. 2012-02-22
    🔓
    Charge satisfied #14
  35. 2011-08-03
    🔒
    Charge registered #22
    Lender: Barclays Bank PLC
  36. 2011-05-16
    🔒
    Charge registered #21
    Lender: Svenska Handelsbanken Ab (Publ)
  37. 2011-05-16
    🔒
    Charge registered #20
    Lender: Svenska Handelsbanken Ab (Publ)
  38. 2011-05-16
    🔒
    Charge registered #19
    Lender: Svenska Handelsbanken Ab (Publ)
  39. 2011-05-16
    🔒
    Charge registered #18
    Lender: Svenska Handelsbanken Ab (Publ)
  40. 2011-02-04
    🔒
    Charge registered #17
    Lender: Barclays Bank PLC
  41. 2010-11-09
    🔒
    Charge registered #16
    Lender: Barclays Bank PLC
  42. 2003-08-18
    🔒
    Charge registered #15
    Lender: Barclays Bank PLC
  43. 2002-11-18
    🔓
    Charge satisfied #11
  44. 2002-11-18
    🔓
    Charge satisfied #10
  45. 2002-11-18
    🔓
    Charge satisfied #9
  46. 2002-11-18
    🔓
    Charge satisfied #8
  47. 2002-11-18
    🔓
    Charge satisfied #7
  48. 2002-11-18
    🔓
    Charge satisfied #6
  49. 2002-11-18
    🔓
    Charge satisfied #5
  50. 2002-10-07
    🔒
    Charge registered #14
    Lender: Barclays Bank PLC
Showing most recent 50 of 73 events

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Ellis Cope
Individual · British · DOB 02/1948 · age 78
50–75%
—50-75% shares06/04/2016

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 →

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

8 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
Incorporated1988-05-10
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

141 Leigh Park Road
Bradford On Avon
BA15 1TQ
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-04
Last: 2025-12-21

Officers (3 active · 3 resigned)

COPE, David Ellis, Dr→
secretary · appointed 1998-08-10
View their other companies + combined net worth →
Active
COPE, David Ellis, Dr→
director · ~78y · appointed 1998-08-10
View their other companies + combined net worth →
Active
COPE, Nicola Isabell→
director · ~71y
View their other companies + combined net worth →
Active
COPE, Muriel→
secretary · resigned 1992-03-27
Resigned
SLEE, David→
secretary · appointed 1992-03-27 · resigned 1998-08-10
Resigned
COPE, David Ellis→
director · ~78y · resigned 1992-04-08
Resigned

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

Mortgages & charges

26
Total charges
4
Outstanding
4
Active lenders
Status:Lender:26 of 26 shown
TypeProperties
outstanding
Sandford Ellis
Sandford Ellis LTD
A registered charge—10/08/2020—
satisfied
Radako
Radako Limited
A registered charge1 property01/06/201515/01/2018
satisfied
Radako Bv
A registered charge—05/06/201408/06/2015
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property21/06/201306/06/2014
satisfied
Barclays
Barclays Bank PLC
Deed of charge over credit balances1 property03/08/201122/02/2012
satisfied
Svenska Handelsbanken Ab (Publ)
Memorandum of deposit1 property16/05/201123/07/2018
satisfied
Svenska Handelsbanken Ab (Publ)
Debenture1 property16/05/201106/06/2014
satisfied
Svenska Handelsbanken Ab (Publ)
Deed of legal mortgage1 property16/05/201106/06/2014
satisfied
Svenska Handelsbanken Ab (Publ)
Deed of legal mortgage1 property16/05/201106/06/2014
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property04/02/201122/02/2012
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property09/11/201022/02/2012
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property18/08/200322/02/2012
satisfied
Barclays
Barclays Bank PLC
Debenture1 property07/10/200222/02/2012
outstanding
Sandford Trust
Floating charge1 property12/08/2002—
outstanding
Kingfisher Settlement
Floating charge—12/08/2002—
satisfied
David Arthur Slee and Philip Richard Thompson
Legal charge1 property11/09/199818/11/2002
satisfied
David Arthur Slee and Philip Richard Thompson
Legal charge1 property11/09/199818/11/2002
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property19/08/199718/11/2002
satisfied
Hafren Associates
Hafren Associates LTD
Floating charge—17/11/199218/11/2002
satisfied
Hafren Associates
Hafren Associates LTD
Legal charge1 property30/06/199218/11/2002
satisfied
Dunbar Bank
Dunbar Bank PLC
Debenture1 property18/06/199118/11/2002
satisfied
Dunbar Bank
Dunbar Bank PLC
Legal charge1 property18/06/199118/11/2002
outstanding
David Ellis Cope
Floating charge1 property03/10/1990—
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property09/10/198919/06/1991
satisfied
Barclays
Barclays Bank PLC
Charge on agreement1 property10/04/198919/06/1991
satisfied
Barclays
Barclays Bank PLC
Debenture1 property10/03/198919/06/1991
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (163 total)

change-person-director-company-with-change-date
officers · CH01
2026-06-24
change-person-director-company-with-change-date
officers · CH01
2026-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-24
change-person-director-company-with-change-date
officers · CH01
2026-06-17
change-person-director-company-with-change-date
officers · CH01
2026-06-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-17
change-person-secretary-company-with-change-date
officers · CH03
2026-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-21