INTER MEDIATE PROPERTY LIMITED
🌳Matureactive
02323506 · ltd · incorporated 1988-11-30
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
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 78-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 78). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
22 live charges · 6 lenders · oldest 37.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 37.2 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
22 charges (22/22 with lender, 22/22 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 17 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
196 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (87 events)Click to expand
- 2025-09-24📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-09-24📄legacyaccounts · PARENT_ACC
- 2025-09-24📄legacyother · AGREEMENT2
- 2025-09-24📄legacyother · GUARANTEE2
- 2024-10-15📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-10-15📄legacyaccounts · PARENT_ACC
- 2024-10-15📄legacyother · AGREEMENT2
- 2024-10-15📄legacyother · GUARANTEE2
- 2023-09-22📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-09-22📄legacyaccounts · PARENT_ACC
- 2023-09-22📄legacyother · AGREEMENT2
- 2023-09-22📄legacyother · GUARANTEE2
- 2023-07-25➖HANCOX, Diana resignedsecretary
- 2023-07-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-08-31📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-08-31📄legacyaccounts · PARENT_ACC
- 2022-08-31📄legacyother · GUARANTEE2
- 2022-08-31📄legacyother · AGREEMENT2
- 2021-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-25📄legacyaccounts · PARENT_ACC
- 2021-08-25📄legacyother · AGREEMENT2
- 2021-06-10➕LE ROUX, Ulrike appointeddirector
- 2021-06-10➕ROGERS, Daniel appointeddirector
- 2017-07-05🔒Charge registered #22Lender: Lloyds Bank PLC
- 2016-09-14🔒Charge registered #21Lender: Lloyds Bank PLC
- 2013-09-13🔒Charge registered #20Lender: Lloyds Tsb Bank PLC
- 2012-09-05🔒Charge registered #19Lender: Lloyds Tsb Bank PLC
- 2003-06-23🔒Charge registered #18Lender: Lloyds Tsb Bank PLC
- 2003-04-23🔓Charge satisfied #12
- 2003-04-23🔓Charge satisfied #11
- 2003-04-23🔓Charge satisfied #10
- 2003-04-23🔓Charge satisfied #8
- 2003-04-23🔓Charge satisfied #7
- 2003-04-23🔓Charge satisfied #5
- 2002-07-18🔒Charge registered #17Lender: Lloyds Tsb Bank PLC
- 2001-01-13🔓Charge satisfied #16
- 2001-01-13🔓Charge satisfied #15
- 2001-01-13🔓Charge satisfied #14
- 2001-01-13🔓Charge satisfied #13
- 2001-01-13🔓Charge satisfied #6
- 1999-09-07➖FARR, Roger Edward resignedsecretary
- 1999-09-07➖ASHBY, Kendall resigneddirector
- 1999-09-07➖BROOKMAN, Andrew resigneddirector
- 1999-09-07➖COWDREY, Garry James resigneddirector
- 1999-09-07➖FARR, Roger Edward resigneddirector
- 1999-09-07➖GROCOTT, Stephen Michael resigneddirector
- 1999-02-23➕HANCOX, Roger Frederic appointeddirector
- 1999-02-23➕HANCOX, Diana appointedsecretary
- 1999-02-23➖CROPPER, Alan Richard resigneddirector
- 1999-02-23➖MASTERS, Julian Gerald resigneddirector
Showing most recent 50 of 87 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong 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.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Roger Frederic Hancox Individual · British · DOB 10/1948 · age 78 | 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.
🔒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 · Property · SN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 12 TWELVE LTD→ 11810962 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 21 THE CAUSEWAY MANAGEMENT LIMITED→ 05954596 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 217-219 WELL STREET LTD→ 11493009 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 221 LIMITED→ 05757471 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 32-37 DUKE STREET TROWBRIDGE MANAGEMENT LIMITED→ 02757690 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| 45-47 CLARENCE STREET CHELTENHAM LIMITED→ 05724559 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 62SMS LTD→ 15343849 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 63 INGELOW ROAD (RTE) LIMITED→ 05794983 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 7Y LIMITED→ 15389813 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 8 GRAVEL WALK LIMITED→ 13626084 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 9 AVON REACH LIMITED→ 15398512 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 9Y LTD→ 12336593 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1988-11-30
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Sudbury House
56 London Street
Faringdon
Oxfordshire
SN7 7AA
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08
Officers (3 active · 16 resigned)
HANCOX, Roger Frederic→
Activedirector · ~78y · appointed 1999-02-23
View their other companies + combined net worth →
LE ROUX, Ulrike→
Activedirector · ~42y · appointed 2021-06-10
View their other companies + combined net worth →
ROGERS, Daniel→
Activedirector · ~51y · appointed 2021-06-10
View their other companies + combined net worth →
FARR, Roger Edward→
Resignedsecretary · resigned 1999-09-07
HANCOX, Diana→
Resignedsecretary · appointed 1999-02-23 · resigned 2023-07-25
ASHBY, Kendall→
Resigneddirector · ~65y · appointed 1996-12-09 · resigned 1999-09-07
BROOKMAN, Andrew→
Resigneddirector · ~71y · appointed 1996-01-17 · resigned 1999-09-07
COWDREY, Garry James→
Resigneddirector · ~75y · resigned 1999-09-07
CROPPER, Alan Richard→
Resigneddirector · ~83y · appointed 1999-02-19 · resigned 1999-02-23
DICKINSON, John Charles Priestman→
Resigneddirector · ~90y · resigned 1998-12-31
FARR, Roger Edward→
Resigneddirector · ~78y · resigned 1999-09-07
GROCOTT, Stephen Michael→
Resigneddirector · ~59y · appointed 1998-07-01 · resigned 1999-09-07
HASLEHURST, Peter Joseph Kinder→
Resigneddirector · ~85y · appointed 1994-12-01 · resigned 1998-12-31
HOBBS, Jeffrey Jacques→
Resigneddirector · ~83y · appointed 1994-12-01 · resigned 1998-07-23
MAHONY, David Arthur→
Resigneddirector · ~82y · resigned 1994-12-01
MASTERS, Julian Gerald→
Resigneddirector · ~80y · appointed 1996-12-09 · resigned 1999-02-23
REUSSER, Dean Fredrick→
Resigneddirector · ~82y · resigned 1991-11-11
SANDFORD, Jason Benjamin→
Resigneddirector · ~60y · appointed 1999-02-19 · resigned 1999-02-23
WOOD HILL, Geoffrey Napier→
Resigneddirector · ~75y · appointed 1999-02-19 · resigned 1999-02-23
Click a director name to see their full track record across all companies.
Mortgages & charges
22
Total charges
7
Outstanding
2
Active lenders
Status:Lender:22 of 22 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 05/07/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 14/09/2016 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 13/09/2013 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of admission to an omnibus guarantee and set-off agreement dated 18 july 2002 | 1 property | 05/09/2012 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 23/06/2003 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 18/07/2002 | — | |
| satisfied | Industrial Mezzanine L.P. | Composite guarantee and debenture | 2 properties | 23/02/1999 | 13/01/2001 | |
| satisfied | Industrial Mezzanine L.P. | Composite guarantee and debenture | 1 property | 23/02/1999 | 13/01/2001 | |
| satisfied | Industrial Mezzanine L.P. | Composite guarantee and debenture | 2 properties | 23/02/1999 | 13/01/2001 | |
| satisfied | Industrial Mezzanine L.P. | Composite guarantee and debenture | 1 property | 23/02/1999 | 13/01/2001 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 1 property | 23/02/1999 | 23/04/2003 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 2 properties | 23/02/1999 | 23/04/2003 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 1 property | 23/02/1999 | 23/04/2003 | |
| outstanding | Co-operative Bank The Co-Operative Bank PLC | Legal charge | 1 property | 23/02/1999 | — | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Legal charge | 2 properties | 23/02/1999 | 23/04/2003 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 2 properties | 23/02/1999 | 23/04/2003 | |
| satisfied | Industrial Mezzanine Fund L.P.and Acting by Its General Partner Industrial Mezzanine G.P. Industrial Mezzanine Fund L.P.and Acting by Its General Partner Industrial Mezzanine G.P. Limited | Composite guarantee and debenture | 1 property | 23/02/1999 | 13/01/2001 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 1 property | 23/02/1999 | 23/04/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 21/12/1992 | 29/07/1995 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 04/11/1991 | 08/12/1994 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 16/07/1991 | 08/12/1994 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 08/03/1989 | 08/12/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (196 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-09-24
legacy
accounts · PARENT_ACC
2025-09-24
legacy
other · AGREEMENT2
2025-09-24
legacy
other · GUARANTEE2
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-15
legacy
accounts · PARENT_ACC
2024-10-15
legacy
other · AGREEMENT2
2024-10-15
legacy
other · GUARANTEE2
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-09-22
legacy
accounts · PARENT_ACC
2023-09-22
legacy
other · AGREEMENT2
2023-09-22
legacy
other · GUARANTEE2
2023-09-22