02969355 LIMITED
Opportunity 55/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 22.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2020-09-30 | 2019-09-30 |
|---|---|---|
| Total assets | £17.9k | £31.9k |
| Current assets | £35.6k | £57.9k |
| Cash | £34.5k | £55.3k |
| Debtors | £1.2k | £2.6k |
| Net assets | £17.9k | £31.9k |
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 (31 events)Click to expand
- 2024-08-27📄court-ordermiscellaneous · OC
- 2024-08-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-08📄restoration-order-of-courtrestoration · AC92
- 2024-08-08✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-11-21➕REDHEAD, Claire appointeddirector
- 2023-11-21➖KELLY, James Patrick resigneddirector
- 2022-11-01📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2022-08-16📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-08-08📄dissolution-application-strike-off-companydissolution · DS01
- 2021-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2004-02-11🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-10-29➕SMITH, Laura appointedsecretary
- 2002-10-28➖SMITH, Christine resignedsecretary
- 1994-09-20➕SMITH, Christine appointedsecretary
- 1994-09-20➖SEMKEN LIMITED resignedcorporate-nominee-secretary
- 1994-09-20➕KELLY, James Patrick appointeddirector
- 1994-09-20➖LUFMER LIMITED resignedcorporate-nominee-director
- 1994-09-19🏢Company incorporatedAs 02969355 LIMITED
- 1994-09-19➕SEMKEN LIMITED appointedcorporate-nominee-secretary
- 1994-09-19➕LUFMER LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 high · 1 med ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2022-06-30
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2022-10-03
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-08-08: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Claire Redhead Individual · British · DOB 04/1984 · age 42 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/05/2024 |
1 historic (ceased) PSC
- Mr James Patrick Kellyceased 08/05/2024· 75-100% shares · 75-100% voting · board control · significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 11/02/2004 | — |