CITIFLEX PLC

🌳Matureactive

03385312 · plc · incorporated 1997-06-11

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

11 live charges · 3 lenders · oldest 26.2y

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 26.2 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 45/100 (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

Lenders & charges

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

Directors & officers

30 officers (2 active, 30 linked, 20 with DOB)

Ownership & PSC

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

Director network

17 connected companies via shared directors

Filing history

164 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (100 events)Click to expand

2025-12-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-15
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-23
🔓
Charge satisfied #11
2023-08-23
🔓
Charge satisfied #10
2023-08-23
🔓
Charge satisfied #9
2023-08-23
🔓
Charge satisfied #8
2023-08-23
🔓
Charge satisfied #7
2023-08-23
🔓
Charge satisfied #6
2023-08-23
🔓
Charge satisfied #4
2023-08-23
🔓
Charge satisfied #2
2023-07-14
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-14
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-14
🔓
Charge satisfied #13
2023-07-14
🔓
Charge satisfied #12
2022-11-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-06-08
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2021-12-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-08-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-01
➕
MACNEILL, Stewart appointed
director
2021-03-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-02-28
➖
DILLEY, Mark John resigned
director
2020-08-07
➖
SHILLAW, Lynda Margaret resigned
director
2018-11-20
➖
LEWIS, Richard Anthony resigned
director
2018-11-20
➕
SHILLAW, Lynda Margaret appointed
director
2017-12-22
🔒
Charge registered #13
Lender: Lloyds Bank PLC
2017-09-05
➖
SYERS, Duncan Sinclair resigned
secretary
2017-09-05
➖
SYERS, Duncan Sinclair resigned
director
2017-07-10
➕
DILLEY, Mark John appointed
director
2016-12-21
🔒
Charge registered #12
Lender: Lloyds Bank PLC
2014-04-12
➕
SYERS, Duncan Sinclair appointed
secretary
2014-04-11
➖
KELLY, Christopher John resigned
secretary
2014-04-11
➖
KELLY, Christopher John resigned
secretary
2014-04-11
➖
KELLY, Christopher John resigned
director
2014-04-07
➕
SYERS, Duncan Sinclair appointed
director
2011-02-01
➕
KELLY, Christopher John appointed
secretary
2011-02-01
➕
KELLY, Christopher John appointed
secretary
2011-02-01
➖
MCGOOKIN, Ann Elizabeth resigned
secretary
2010-04-12
➕
KELLY, Christopher John appointed
director
2009-11-30
➖
BIGLEY, Robert Hilton resigned
director
2009-06-22
➕
MCGOOKIN, Ann Elizabeth appointed
secretary

Showing most recent 50 of 100 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 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100

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 66. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 29 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 ·

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.

Group structure

Town Centre Securities Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Town Centre Securities Plc

Corporate parent · holds 75-100% shares

ultimate parent

⬇

CITIFLEX PLC

This company · 03385312

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Town Centre Securities Plc Corporate entity	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

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44I LIMITED→ 13194876 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
66 THE GROVE ILKLEY (MANAGEMENT) LIMITED→ 05103845 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
88-90 DEWSBURY ROAD MANAGEMENT COMPANY LIMITED→ 09861317 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
ABETO HOLDINGS LIMITED→ 12500380 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
ABMH HOLDINGS LIMITED→ 10303069 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ACCEPTED PROPERTY GROUP LTD→ 16118517 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ACORN FAMILY INVESTMENTS UNLIMITED→ 13539063 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ACRIVARN GROUP HOLDINGS LIMITED→ 15638648 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ACS FACADES HOLDINGS LIMITED→ 11820365 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ADEL MILL MANAGEMENT LIMITED→ 02850175 · est 1993 · no financials extracted	—	—	—	—	32y	—	—
ADRIAN HOUSE MANAGEMENT CO LTD→ 16170258 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADRIAN JOHNSON & CO LTD→ 07906435 · est 2012 · no financials extracted	—	—	—	—	14y	—	—

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.

See pricing →

Company details

Statusactive

Typeplc

Incorporated1997-06-11

Jurisdictionengland-wales

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Town Centre House

The Merrion Centre

Leeds

West Yorkshire

LS2 8LY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-01-01

Last: 2025-12-18

Officers (2 active · 28 resigned)

MACNEILL, Stewart→

director · ~52y · appointed 2021-06-01

View their other companies + combined net worth →

Active

ZIFF, Edward Max→

director · ~66y · appointed 1998-04-14

View their other companies + combined net worth →

Active

KELLY, Christopher John→

secretary · appointed 2011-02-01 · resigned 2014-04-11

Resigned

KELLY, Christopher John→

secretary · appointed 2011-02-01 · resigned 2014-04-11

Resigned

MCGOOKIN, Ann Elizabeth→

secretary · appointed 2009-06-22 · resigned 2011-02-01

Resigned

PRIOR, Karen Lesley→

secretary · appointed 2006-10-01 · resigned 2009-04-30

Resigned

PRIOR, Karen Lesley→

secretary · appointed 1998-04-15 · resigned 2002-03-28

Resigned

SUTCLIFFE, John Trevor→

secretary · appointed 2002-03-28 · resigned 2006-09-29

Resigned

SYERS, Duncan Sinclair→

secretary · appointed 2014-04-12 · resigned 2017-09-05

Resigned

DLA SECRETARIAL SERVICES LIMITED→

corporate-nominee-secretary · appointed 1997-06-11 · resigned 1998-04-15

Resigned

ASHBEE, Alan Brian→

director · ~73y · appointed 2000-03-15 · resigned 2001-06-08

Resigned

BIGLEY, Robert Hilton→

director · ~67y · appointed 2005-12-01 · resigned 2009-11-30

Resigned

CRAWFORD, Timothy James→

director · ~64y · appointed 2002-05-23 · resigned 2008-07-24

Resigned

DILLEY, Mark John→

director · ~54y · appointed 2017-07-10 · resigned 2021-02-28

Resigned

GASCOIGNE, John Charles Stuart→

director · ~71y · appointed 1998-10-01 · resigned 2001-06-08

Resigned

KELLY, Christopher John→

director · ~64y · appointed 2010-04-12 · resigned 2014-04-11

Resigned

LEWIS, Richard Anthony→

director · ~71y · appointed 2002-05-23 · resigned 2018-11-20

Resigned

MARKS, Brian Arthur→

director · ~88y · appointed 2000-03-21 · resigned 2001-06-08

Resigned

MCCARTHY, Ernest Christopher→

director · ~80y · appointed 2000-03-15 · resigned 2001-06-08

Resigned

PRIOR, Karen Lesley→

director · ~66y · appointed 2006-10-01 · resigned 2009-04-09

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:11 of 11 shown

		Type	Properties
satisfied	Lloyds Banking Group Lloyds Bank PLC	A registered charge	—	22/12/2017	14/07/2023
satisfied	Lloyds Banking Group Lloyds Bank PLC	A registered charge	—	21/12/2016	14/07/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	Deed of admission to an omnibus guarantee and set-off agreement dated 11 may 2001 and	1 property	22/10/2007	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	Deed of admission to an omnibus letter of set-off dated 11 may 2001	1 property	02/05/2007	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	A deed of admission to an omnibus guarantee and set-off agreement 11 may 2001 and	1 property	04/01/2007	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	A deed of admission to an omnibus guarantee and set-off agreement dated 11 may 2001 and	1 property	15/11/2005	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	An omnibus guarantee and set-off agreement dated 11/05/2001	1 property	19/09/2005	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	A deed of admission to an omnibus guarantee and set-off agreement dated 11 may 2001	1 property	11/02/2004	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	A deed of admission to an omnibus guarantee and set-off agreement dated 11TH may 2001 and	1 property	01/05/2003	23/08/2023
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	A deed of admission to an omnibus guarantee and set-off agreement dated 11TH may 2001 and	1 property	10/07/2002	23/08/2023
satisfied	National Westminster Bank National Westminster Bank PLC	Mortgage debenture	1 property	24/02/2000	20/06/2001

Recent filings (164 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-18

accounts-with-accounts-type-dormant

accounts · AA

2025-12-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-18

accounts-with-accounts-type-dormant

accounts · AA

2024-12-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-18

accounts-with-accounts-type-dormant

accounts · AA

2023-12-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-15

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-23