EC ENGLISH LONDON LIMITED
Opportunity 72/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (70/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 27.4y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|---|
| Turnover | £7.32M |
| Gross profit | £2.54M |
| Operating profit | £1.61M |
| Profit before tax | £1.60M |
| Average employees | 3300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 officers
- • 1 confirmation-statement
Corporate timeline (75 events)Click to expand
- 2026-02-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-06➖VASSALLO, Michelle resigneddirector
- 2026-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-15➖NEISH, Therese Gemma resigneddirector
- 2025-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2025-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-20📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2025-02-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-24📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2024-09-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-15➕NEISH, Therese Gemma appointeddirector
- 2024-07-15➖TIN, War War resigneddirector
- 2024-01-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-13📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-20📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-01➕VASSALLO, Michelle appointeddirector
- 2022-05-01➖XUEREB, Michael resigneddirector
- 2022-01-26🔓Charge satisfied #2
- 2021-01-01➖GIFFIN, Michael William resigneddirector
- 2021-01-01➕TIN, War War appointeddirector
- 2020-10-29🔒Charge registered #4Lender: National Westminster Bank PLC
- 2017-09-01➕GIFFIN, Michael William appointeddirector
- 2017-09-01➖MANGION, Michael resigneddirector
- 2017-09-01➖MANGION, Stephen resigneddirector
- 2017-09-01➖MIZZI, Alec Alfred resigneddirector
- 2017-09-01➖MIZZI, Bernadine resigneddirector
- 2017-09-01➕XUEREB, Michael appointeddirector
- 2013-05-31➖BONETT, David resignedsecretary
- 2012-09-10🔒Charge registered #3Lender: National Westminster Bank PLC
- 2012-07-18🔓Charge satisfied #1
- 2011-11-30🔒Charge registered #2Lender: Learning Tree International Limited
- 2008-08-18➕MANGION, Michael appointeddirector
- 2008-08-18➕MANGION, Stephen appointeddirector
- 2008-08-18➕MIZZI, Alec Alfred appointeddirector
- 2008-08-18➕MIZZI, Bernadine appointeddirector
- 2008-08-18➖XUEREB, Michael resigneddirector
- 2007-02-28➖WILKINSON, Roderick William resigneddirector
- 2007-02-09➕BONETT, David appointedsecretary
- 2007-02-08➖XUEREB, Michael resignedsecretary
- 2005-06-13➖WILKINSON, Roderick William resignedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: NEISH, Therese Gemma resigned 2026-01-15; VASSALLO, Michelle resigned 2026-02-06
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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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 →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 (1 active · 23 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 29/10/2020 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 10/09/2012 | — | |
| satisfied | Learning Tree International Learning Tree International Limited | Rent deposit deed | 1 property | 30/11/2011 | 26/01/2022 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture | 1 property | 18/01/1999 | 18/07/2012 |