RANDALLS (GROUNDWORKS) LIMITED

🌳Matureactive

03025383 · ltd · incorporated 1995-02-22

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 Mar 2025

Net worth

£416.7k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Construction of domestic buildings

Sector: Construction

Investor take

Special-situation opportunity

Distressed construction with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

11 live charges · 7 lenders · oldest 29.2y

35/100

too messy

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

· Oldest live charge is 29.2 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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

Lenders & charges

11 charges (11/11 with lender, 11/11 with type)

Directors & officers

14 officers (6 active, 14 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

124 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £416,683

Net assets shrinking

Down £53,269 YoY

Cash YoY

+1%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£832k

↑ 1.4% YoY

Net Worth

£417k

↓ 11% YoY

Current Assets

£3.2m

↓ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£850.9k	£904.6k
Current assets	£3.18M	£3.79M
Cash	£831.7k	£820.5k
Debtors	£2.01M	£2.69M
Net assets	£416.7k	£470.0k

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (61 events)Click to expand

2025-12-16
📄
accounts-with-accounts-type-medium
accounts · AA
2024-11-28
📄
accounts-with-accounts-type-full
accounts · AA
2024-05-20
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-24
📄
accounts-with-accounts-type-full
accounts · AA
2023-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-04-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-01
➕
MACHAJEWSKI, Donna appointed
director
2023-04-01
➕
MACHAJEWSKI, Donna appointed
director
2023-04-01
➖
MACHAJEWSKI, Donna resigned
director
2023-03-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-28
🔓
Charge satisfied #7
2022-11-23
📄
accounts-with-accounts-type-full
accounts · AA
2021-12-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-11
📄
accounts-with-accounts-type-full
accounts · AA
2021-06-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-09
📄
accounts-with-accounts-type-full
accounts · AA
2020-11-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-31
➖
HARDWICK, Richard Gwyn resigned
director
2019-10-24
📄
accounts-with-accounts-type-full
accounts · AA
2019-03-20
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-03-20
🔓
Charge satisfied #11
2018-09-28
📄
accounts-with-accounts-type-full
accounts · AA
2018-09-20
🔓
Charge satisfied #10
2018-03-16
🔒
Charge registered #11
Lender: Bibby Financial Services Limited (As Security Trustee)
2017-01-11
🔓
Charge satisfied #6
2017-01-11
🔓
Charge satisfied #5
2017-01-06
🔒
Charge registered #10
Lender: Shawbrook Bank Limited
2013-03-31
➖
TIERNEY, Robert Mark resigned
director
2012-01-27
🔒
Charge registered #9
Lender: Barclays Bank PLC
2011-08-01
➕
DAVIES, Christopher Wayne appointed
director
2011-08-01
➕
TIERNEY, Robert Mark appointed
director
2011-07-12
🔒
Charge registered #8
Lender: Barclays Bank PLC
2010-02-09
🔓
Charge satisfied #4
2008-10-10
🔒
Charge registered #7
Lender: Barclays Bank PLC
2003-01-01
➕
JOHN, Howard Lyndon appointed
director
2003-01-01
➕
SHEPPARD, Mandy Jane appointed
director
2002-11-22
🔓
Charge satisfied #3
2002-11-22
🔓
Charge satisfied #2
2002-09-30
➖
WILLIAMS, Howard John resigned
director
2001-11-28
🔒
Charge registered #6
Lender: Nmb-Heller Limited
2001-08-25
🔓
Charge satisfied #1
2001-08-03
🔒
Charge registered #5
Lender: Nmb-Heller Limited
2001-02-06
🔒
Charge registered #4
Lender: Bank of Wales PLC
2000-12-04
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Ireland
2000-06-01
➕
HARDWICK, Richard Gwyn appointed
director
1999-11-18
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Ireland
1999-07-01
➕
RANDALL, Cherie appointed
secretary
1999-06-30
➖
TAYLOR, Jennifer Mary resigned
secretary

Showing most recent 50 of 61 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "RANDALL" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-28

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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Randall Individual · Welsh · DOB 05/1963 · age 63	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 · Construction · NP postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
10-PROJECT CONTROLS LTD→ 11642394 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
1ST CHOICE FLOORING C&J LTD→ 12698835 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
1ST CLASS ROOF COMPANY LIMITED→ 11861904 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
2D CONSTRUCTION 2018 CYF→ 11256966 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
2JF ELECTRICAL LTD→ 14354146 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
3 CELTS LIMITED→ 11974317 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
3 JAYS SERVICES LTD→ 14526250 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
360 DESIGN CONSULTANTS LTD→ 12078839 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
51 COMMERCIAL STREET LIMITED→ 13621907 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
A B ELECTRICAL (CHEPSTOW) LTD→ 07876025 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
A.B PAYNE LTD→ 12379257 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
A&A PROPERTY CARE LIMITED→ 16517636 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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.

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Company details

Statusactive

Typeltd

Incorporated1995-02-22

Jurisdictionengland-wales

Primary SIC41202 — Construction of domestic buildings

Registered office

Unit B Cwmdraw Industrial Estate

Newtown

Ebbw Vale

NP23 5AE

Wales

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-03-28OVERDUE

Last: 2025-03-14