ING RED UK (PROJECTS) LTD
Opportunity 50/100 (worth a look), bankability 42/100. Strong seller-intent signal (78/100, director aged 66). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
Refinance opportunity
8 live charges · 7 lenders · oldest 30.0y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 30.0 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (80 events)Click to expand
- 2013-07-08⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-07-08🏁Company dissolved
- 2013-04-08⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2013-02-18⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-01-23📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-01-20⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2012-01-20⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2012-01-20📄resolutionresolution · RESOLUTIONS
- 2012-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-12-31➖MATHIJSSEN, Sven Petrus Johannes Maria resigneddirector
- 2011-11-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2010-11-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-08📄termination-director-company-with-nameofficers · TM01
- 2010-08-31➖KOOIJ, Marcel Antonius resigneddirector
- 2010-05-07📄accounts-with-accounts-type-fullaccounts · AA
- 2009-11-17📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2009-11-06📄accounts-with-accounts-type-fullaccounts · AA
- 2009-10-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-06-15📄auditors-resignation-companyauditors · AUD
- 2008-11-11📄legacycapital · 88(2)
- 2008-11-11📄legacycapital · 123
- 2008-11-11📄resolutionresolution · RESOLUTIONS
- 2008-11-10📄legacyannual-return · 363a
- 2008-11-02📄accounts-with-accounts-type-fullaccounts · AA
- 2008-06-11📄legacyofficers · 288c
- 2008-05-01📄legacyofficers · 288a
- 2008-04-30📄legacyofficers · 288b
- 2008-04-21➕PARKER, Guy Trevor appointeddirector
- 2008-04-21➖TAYLOR, Martin Laurence resigneddirector
- 2008-02-01➕KOOIJ, Marcel Antonius appointeddirector
- 2007-11-01➕TAYLOR, Martin Laurence appointeddirector
- 2007-10-01➖HOEKSMA, Siep resigneddirector
- 2007-09-15➕COETZEE, Russell Steven appointeddirector
- 2007-09-15➖RAINFORD, Benedict John resigneddirector
- 2007-09-03➕MATHIJSSEN, Sven Petrus Johannes Maria appointeddirector
- 2007-06-19🔓Charge satisfied #7
- 2007-06-19🔓Charge satisfied #6
- 2006-11-23➖BERRY, Stephen William resigneddirector
- 2006-09-01➖PEARCE, Ian George Stanforth resigneddirector
- 2006-06-08🔒Charge registered #8Lender: Smart Car Limited
- 2006-01-01➖EIJKEMANS, Johannes Gijsbertus Franciscus resigneddirector
- 2006-01-01➖TRIP, Paul resigneddirector
- 2004-12-15➕COETZEE, Russell Steven appointedsecretary
- 2004-12-15➖MEAD, Stefan resignedsecretary
- 2004-08-12🔒Charge registered #7Lender: Barclays Bank PLC
- 2004-08-12🔒Charge registered #6Lender: Barclays Bank PLC
- 2003-10-08🔒Charge registered #5Lender: Kbc Bank N.V. Including Its Successors in Title and Assigns
- 2003-05-15➖KHANAM, Samia resignedsecretary
- 2003-05-15➕MEAD, Stefan appointedsecretary
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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 36 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
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-07-08
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-07-08: gazette-dissolved-liquidation; 2013-04-08: liquidation-voluntary-members-return-of-final-meeting
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| 28 GROUNDWORKS AND CIVILS LTD→ 17018200 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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| 50 FENCHURCH DEVCO LIMITED→ 14201007 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 618 SUTTON LIMITED→ 09359148 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 63 SMA DEVCO LIMITED→ 16982095 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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| 999 TRADE AND SALES LTD→ 06026461 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A2B SCAFFOLDING (SOUTHERN) LTD→ 16322491 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| AA PAINTERS LTD→ 15880080 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
11 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 (0 active · 20 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Smart Car Smart Car Limited | Legal charge | 1 property | 08/06/2006 | — | |
| satisfied | Barclays Barclays Bank PLC | Deed of subordination | 1 property | 12/08/2004 | 19/06/2007 | |
| satisfied | Barclays Barclays Bank PLC | Charge over shares | 1 property | 12/08/2004 | 19/06/2007 | |
| outstanding | Kbc Bank N.V. Including Its Successors in Title and Assigns | Subordination deed | 1 property | 08/10/2003 | — | |
| outstanding | Bayerische Hypo-Und Vereinsbank Aktiengesellschaft,London Branch,as Agent for the Financeparties | Deed of charge over shares | 2 properties | 21/05/2002 | — | |
| satisfied | Ing Real Estate International Development Bv | Deed of charge | 1 property | 01/07/1998 | 25/04/2000 | |
| satisfied | Capital and Regional UK Holdings Capital and Regional UK Holdings Limited | Debenture | 1 property | 26/06/1996 | 25/04/2000 | |
| satisfied | Easter Holdings Easter Holdings Limited | Debenture | 1 property | 13/05/1996 | 25/04/2000 |