FRIENDS LIFE LIMITED
🌳Matureactive
04096141 · ltd · incorporated 2000-10-25
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
74/100
Strong
What this business does
Primary activity: Life insurance
Sector: Financial & insurance
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 62). Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (48/100).
🏦
Refinance opportunity
23 live charges · 12 lenders · oldest 31.5y
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 31.5 years old — likely at or near maturity.
- · 12 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (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
0
Lenders & charges
23 charges (23/23 with lender, 23/23 with type)
90
Directors & officers
68 officers (4 active, 68 linked, 59 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
333 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (197 events)Click to expand
- 2026-01-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-08➖SIM, Rhona Helen resigneddirector
- 2025-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-09➕CALLAGHAN, Lee Patrick appointeddirector
- 2025-09-09➕MACINTYRE, Jamie appointeddirector
- 2025-09-09➕MORGAN, Alice Parker appointeddirector
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-06➖POTTER, Helen resigneddirector
- 2024-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-24📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2023-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-12➖BYE, Karina Jane resigneddirector
- 2022-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-01➕SIM, Rhona Helen appointeddirector
- 2022-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-12📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-02-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-06📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2021-01-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-01➕POTTER, Helen appointeddirector
- 2020-12-31➖ROSE, David Rowley resigneddirector
- 2018-11-13➖BRIGGS, Andrew David resigneddirector
- 2018-11-13➕BYE, Karina Jane appointeddirector
- 2018-11-13➕ROSE, David Rowley appointeddirector
- 2018-11-13➖WINDSOR, Jason Michael resigneddirector
- 2018-11-07🔓Charge satisfied #23
- 2018-11-07🔓Charge satisfied #22
- 2018-11-07🔓Charge satisfied #1
- 2018-05-04➖CARVILL, Mel Gerard resigneddirector
- 2018-05-04➖GOODING, Valerie Frances resigneddirector
- 2018-05-04➖HOWE, Robert William Albert resigneddirector
- 2018-05-04➖O'ROARKE, John Brendan resigneddirector
- 2018-05-04➖PATEL, Hiteshkumar Rameshchandra resigneddirector
- 2018-05-04➖TRICKETT, Stephen Paul resigneddirector
- 2018-03-08➕O'ROARKE, John Brendan appointeddirector
- 2018-02-28➕GOODING, Valerie Frances appointeddirector
- 2018-02-28➖WALLS, John Russell Fotheringham resigneddirector
- 2017-10-31➖HUTCHINSON, Alison Elizabeth resigneddirector
- 2017-10-12🔓Charge satisfied #19
- 2017-10-12🔓Charge satisfied #18
- 2017-10-12🔓Charge satisfied #2
- 2017-10-05🔓Charge satisfied #17
- 2017-09-28➖RICHARDS, Belinda Jane resigneddirector
Showing most recent 50 of 197 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: POTTER, Helen resigned 2025-08-06; SIM, Rhona Helen resigned 2026-01-08
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
London And Manchester Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
London And Manchester Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
FRIENDS LIFE LIMITED
This company · 04096141
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 |
|---|---|---|---|---|
London And Manchester Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/09/2018 |
1 historic (ceased) PSC
- Friends Life Fpl Limitedceased 26/09/2018· 75-100% shares · 75-100% voting · board control
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 · Financial services · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRECKSTREET INVESTMENTS UNLIMITED→ 14164794 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CALCULATED COMMERCIAL LIMITED→ 14508986 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CALCULATED FINANCIAL SERVICES LIMITED→ 14129179 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CAPICUS LIMITED→ 09882332 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CAPITAL CREDIT (LEEDS) LIMITED→ 06849095 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CARRLANE DEVELOPMENTS LIMITED→ 12209247 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CAST IRON SERVICES LTD→ 14295446 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CHARLES WILKINSON FINANCIAL PLANNING LIMITED→ 05488200 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CHERISH PROPERTY & INVESTMENT LTD→ 12284312 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CHRIS BINNS WEALTH MANAGEMENT LIMITED→ 09139165 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CLAYPENNY CONSULTING LIMITED→ 10143416 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CMM WEALTH MANAGEMENT LTD→ 16275954 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Typeltd
Incorporated2000-10-25
Jurisdictionengland-wales
Primary SIC65110 — Life insurance
Registered office
Aviva
Wellington Row
York
YO90 1WR
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-15
Last: 2026-02-01
Officers (4 active · 64 resigned)
AVIVA COMPANY SECRETARIAL SERVICES LIMITED→
Activecorporate-secretary · appointed 2017-08-31
View their other companies + combined net worth →
CALLAGHAN, Lee Patrick→
Activedirector · ~62y · appointed 2025-09-09
View their other companies + combined net worth →
MACINTYRE, Jamie→
Activedirector · ~38y · appointed 2025-09-09
View their other companies + combined net worth →
MORGAN, Alice Parker→
Activedirector · ~43y · appointed 2025-09-09
View their other companies + combined net worth →
ELLIS, Robert Gordon→
Resignedsecretary · appointed 2005-01-01 · resigned 2009-12-31
MONGER, Diana→
Resignedsecretary · appointed 2009-12-31 · resigned 2011-06-16
RISAM, Monica→
Resignedsecretary · appointed 2015-08-01 · resigned 2017-08-31
SWEETLAND, Brian William→
Resignedsecretary · appointed 2001-03-26 · resigned 2004-12-31
FRIENDS LIFE SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2011-06-16 · resigned 2015-07-31
OFFICE ORGANIZATION & SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2000-10-25 · resigned 2001-03-26
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-10-25 · resigned 2000-10-25
ABRAHAMS, Clifford James→
Resigneddirector · ~59y · appointed 2015-04-13 · resigned 2015-06-30
ALLVEY, David Philip→
Resigneddirector · ~81y · appointed 2015-04-13 · resigned 2016-03-31
ASLET, Graham Kenneth→
Resigneddirector · ~78y · appointed 2001-03-26 · resigned 2004-12-31
BELLRINGER, Charles Albert John→
Resigneddirector · ~72y · appointed 2008-08-04 · resigned 2009-04-30
BLACK, James Masson→
Resigneddirector · ~62y · appointed 2013-02-08 · resigned 2013-09-27
BOURKE, Evelyn Brigid→
Resigneddirector · ~61y · appointed 2009-05-01 · resigned 2012-09-21
BRIGGS, Andrew David→
Resigneddirector · ~60y · appointed 2015-04-02 · resigned 2018-11-13
BROWN, Anthony→
Resigneddirector · ~65y · appointed 2009-02-12 · resigned 2010-08-31
BYE, Karina Jane→
Resigneddirector · ~54y · appointed 2018-11-13 · resigned 2022-12-12
Click a director name to see their full track record across all companies.
Mortgages & charges
23
Total charges
1
Outstanding
1
Active lenders
Status:Lender:23 of 23 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 26/06/2017 | 07/11/2018 | |
| satisfied | Utmost (Formerly Axa Isle of Man ) Utmost Limited (Formerly Axa Isle of Man Limited) | A registered charge | — | 20/03/2017 | 07/11/2018 | |
| satisfied | Axa Isle of Man Axa Isle of Man Limited | A registered charge | — | 12/12/2014 | 24/03/2017 | |
| satisfied | Friends Life and Pensions Friends Life and Pensions Limited | A registered charge | 1 property | 28/12/2013 | 12/10/2017 | |
| satisfied | Friends Life and Pensions Friends Life and Pensions Limited | A registered charge | 1 property | 28/12/2013 | 12/10/2017 | |
| satisfied | Friends Life and Pensions Friends Life and Pensions LTD | Deed of charge | 1 property | 28/12/2012 | 12/10/2017 | |
| satisfied | Friends Life Company Friends Life Company Limited | Deed of charge | 1 property | 28/12/2012 | 07/11/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/12/2011 | 14/07/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 04/05/2010 | 22/11/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 2 properties | 04/05/2010 | 22/11/2014 | |
| outstanding | Bank of Ireland (UK) Bank of Ireland (UK) PLC | Mortgage | 1 property | 14/12/2007 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/09/2007 | 14/07/2015 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 27/04/2007 | 09/05/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 18/09/2006 | 14/07/2015 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 10/04/2006 | 14/07/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 05/04/2006 | 23/04/2014 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 05/04/2006 | 23/04/2014 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 31/05/2005 | 04/10/2014 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 28/01/2005 | 12/08/2017 | |
| satisfied | Nationwide Nationwide Building Society | Legal charge | 1 property | 04/12/2003 | 23/04/2014 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 20/01/2003 | 03/12/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 06/07/2001 | 23/04/2014 | |
| satisfied | Brb (Residuary) Brb (Residuary) Limited | Deed of covenant consent and release | 1 property | 14/12/1994 | 05/10/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (333 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
termination-director-company-with-name-termination-date
officers · TM01
2026-01-21
accounts-with-accounts-type-dormant
accounts · AA
2025-09-23
termination-director-company-with-name-termination-date
officers · TM01
2025-09-11
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-dormant
accounts · AA
2024-10-02
change-corporate-secretary-company-with-change-date
officers · CH04
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-06
accounts-with-accounts-type-dormant
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
termination-director-company-with-name-termination-date
officers · TM01
2022-12-13
appoint-person-director-company-with-name-date
officers · AP01
2022-11-02