AND GROUP LIMITED

🌳Matureactive
02298288 · ltd · incorporated 1988-09-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£6.87M
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Satellite telecommunications activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 47/100. Strong seller-intent signal (88/100, director aged 71). 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: strategic trade sale (48/100).

🏦

Refinance opportunity

14 live charges · 11 lenders · oldest 36.9y

35/100
too messy

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

  • · Oldest live charge is 36.9 years old — likely at or near maturity.
  • · 11 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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

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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 10 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
180 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £6,865,955
Cash YoY
+179%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£260k
↑ 179% YoY
Net Worth
£6.9m
↑ 2.5% YoY
Current Assets
£19m
↑ 4.1% YoY
Current Liabilities
—
£0£3.8m£7.5m£11m£15m£19mJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-292023-06-29
Total assets£6.87M£6.70M
Current assets£18.83M£18.08M
Cash£260.0k£93.2k
Debtors£18.38M£17.49M
Net assets£6.87M£6.70M

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

🔒Filing-note intelligence

6 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
0
filings
Last 90 days
1
filing
  • • 1 officers
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
  1. 2026-04-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  2. 2025-03-13
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  3. 2024-11-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-01-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-12-06
    📄
    memorandum-articles
    incorporation · MA
  6. 2022-12-06
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2022-11-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2022-10-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2022-10-03
    🔓
    Charge satisfied #13
  10. 2022-06-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2022-05-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2021-05-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2020-07-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2019-12-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-11-29
    🔒
    Charge registered #14
    Lender: Santander UK PLC (As Security Trustee for Itself and Each of Its Affiliates)
  16. 2019-11-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2019-11-15
    🔓
    Charge satisfied #12
  18. 2019-08-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2018-11-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-11-19
    🔒
    Charge registered #13
    Lender: Praetura Commercial Finance Limited
  21. 2018-04-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2017-09-15
    🔓
    Charge satisfied #10
  23. 2017-09-15
    🔓
    Charge satisfied #9
  24. 2015-07-20
    🔓
    Charge satisfied #11
  25. 2014-07-15
    🔓
    Charge satisfied #8
  26. 2014-06-10
    🔒
    Charge registered #12
    Lender: Rbs Invoice Finance Limited
  27. 2013-10-11
    ➖
    ELY, John Ernest resigned
    director
  28. 2013-10-11
    ➖
    LADENDORF, Juergen, Dr resigned
    director
  29. 2013-10-11
    ➖
    REYNOLDS, Patrick Ernest resigned
    director
  30. 2013-10-11
    🔒
    Charge registered #11
    Lender: The North East Growth 500 Plus LP Acting by Its General Partner Ne Growth 500 LP Limited Acting by Fw Capital Limited (The "Fund")
  31. 2013-10-11
    🔒
    Charge registered #10
    Lender: Inmarsat Global Limited
  32. 2013-10-11
    🔒
    Charge registered #9
    Lender: Iridium Satellite Llc
  33. 2013-10-11
    🔒
    Charge registered #8
    Lender: Faunus Group International Inc
  34. 2013-09-26
    🔓
    Charge satisfied #6
  35. 2013-09-16
    🔓
    Charge satisfied #7
  36. 2012-09-06
    🔓
    Charge satisfied #5
  37. 2010-12-06
    🔒
    Charge registered #7
    Lender: Venture Finance PLC
  38. 2004-10-15
    🔓
    Charge satisfied #3
  39. 2004-10-15
    🔓
    Charge satisfied #2
  40. 2004-06-01
    🔓
    Charge satisfied #4
  41. 2004-06-01
    🔓
    Charge satisfied #1
  42. 2004-01-28
    ➖
    WILLIAMSON, Dennis Watson resigned
    director
  43. 2003-12-04
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  44. 2003-09-12
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland Commercial Services Limited
  45. 2003-01-27
    ➕
    HOWES, Robert Alan appointed
    secretary
  46. 2003-01-27
    ➕
    HOWES, Robert Alan appointed
    director
  47. 2003-01-27
    ➖
    SCOTT, Neil resigned
    secretary
  48. 2003-01-27
    ➖
    SCOTT, Neil resigned
    director
  49. 2002-04-01
    ➕
    ROBINSON, Ian Andrew appointed
    director
  50. 2002-04-01
    ➕
    SCOTT, Neil appointed
    director
Showing most recent 50 of 60 events

Owner dependency

83/100
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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

91/100
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 71 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 24 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.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-29

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 Ian Andrew Robinson
Individual · English · DOB 12/1961 · age 65
——sig. influencesignificant influence06/04/2016
Mr Robert Alan Howes
Individual · British · DOB 10/1955 · age 71
——sig. influencesignificant influence06/04/2016

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 →

Similar companies

Active · Technology · NE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AEGIS INTELLIGENCE LTD→
16504851 · est 2025 · no financials extracted
———————
ALLONIQ LTD→
17069688 · est 2026 · no financials extracted
———————
AMETHYST LITERARY LIMITED→
16272259 · est 2025 · no financials extracted
————1y——
AMF ACCESS LIMITED→
12023435 · est 2019 · no financials extracted
————6y——
AMMONITE DESIGN STUDIOS LTD→
08289222 · est 2012 · no financials extracted
————13y——
AMSG CONSULTING LTD→
14212462 · est 2022 · no financials extracted
————3y——
ANALYT DATA & TECHNOLOGY SOLUTIONS LIMITED→
08859280 · est 2014 · no financials extracted
————12y——
ANALYTICSGUARD.AI LTD→
15732463 · est 2024 · no financials extracted
————1y——
ANANTHANENI GLOBAL SERVICES LIMITED→
14007093 · est 2022 · no financials extracted
————4y——
ANC CONSULTANCY LIMITED→
06919562 · est 2009 · no financials extracted
————16y——
AND EUROPE LTD→
08749696 · est 2013 · no financials extracted
————12y——
ANDCO LTD→
15384373 · est 2024 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1988-09-20
Jurisdictionengland-wales
Primary SIC61300 — Satellite telecommunications activities

Registered office

Tanners Bank
North Shield
Tyne & Wear
NE30 1JH

Filing status

Accounts
Next due: 2026-06-29OVERDUE
Last made up to: 2024-06-29
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12

Officers (3 active · 9 resigned)

HOWES, Robert Alan→
secretary · appointed 2003-01-27
View their other companies + combined net worth →
Active
HOWES, Robert Alan→
director · ~71y · appointed 2003-01-27
View their other companies + combined net worth →
Active
ROBINSON, Ian Andrew→
director · ~65y · appointed 2002-04-01
View their other companies + combined net worth →
Active
SCOTT, Neil→
secretary · resigned 2003-01-27
Resigned
DAVIDSON, Malcolm Buchan→
director · ~86y · resigned 2002-03-31
Resigned
ELY, John Ernest→
director · ~88y · resigned 2013-10-11
Resigned
LADENDORF, Juergen, Dr→
director · ~93y · resigned 2013-10-11
Resigned
REYNOLDS, Patrick Ernest→
director · ~81y · appointed 1994-05-11 · resigned 2013-10-11
Resigned
RICHARDSON, Clive→
director · ~86y · resigned 2002-03-31
Resigned
SCOTT, Neil→
director · ~68y · appointed 2002-04-01 · resigned 2003-01-27
Resigned
TEMPERLEY, John→
director · ~85y · resigned 2002-03-31
Resigned
WILLIAMSON, Dennis Watson→
director · ~78y · appointed 2002-04-01 · resigned 2004-01-28
Resigned

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

Mortgages & charges

14
Total charges
1
Outstanding
1
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Santander
Santander UK PLC (As Security Trustee for Itself and Each of Its Affiliates)
A registered charge1 property29/11/2019—
satisfied
Praetura Commercial Finance
Praetura Commercial Finance Limited
A registered charge8 properties19/11/201803/10/2022
satisfied
NatWest Group
Rbs Invoice Finance Limited
A registered charge—10/06/201415/11/2019
satisfied
The North East Growth 500 Plus LP Acting by Its General Partner Ne Growth 500 LP Acting by Fw Capital (The "Fund")
The North East Growth 500 Plus LP Acting by Its General Partner Ne Growth 500 LP Limited Acting by Fw Capital Limited (The "Fund")
A registered charge1 property11/10/201320/07/2015
satisfied
Inmarsat Global
Inmarsat Global Limited
A registered charge1 property11/10/201315/09/2017
satisfied
Iridium Satellite
Iridium Satellite Llc
A registered charge1 property11/10/201315/09/2017
satisfied
Faunus Group International
Faunus Group International Inc
A registered charge1 property11/10/201315/07/2014
satisfied
Venture Finance
Venture Finance PLC
All assets debenture1 property06/12/201016/09/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property04/12/200326/09/2013
satisfied
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Fixed and floating charge1 property12/09/200306/09/2012
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property05/03/199601/06/2004
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property22/11/199515/10/2004
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property18/12/199115/10/2004
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property23/08/198901/06/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (180 total)

change-person-secretary-company-with-change-date
officers · CH03
2026-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-medium
accounts · AA
2025-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-full
accounts · AA
2024-11-08
accounts-with-accounts-type-full
accounts · AA
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
memorandum-articles
incorporation · MA
2022-12-06
resolution
resolution · RESOLUTIONS
2022-12-06
accounts-with-accounts-type-full
accounts · AA
2022-11-17
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-03
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-02
gazette-notice-compulsory
gazette · GAZ1
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-16