CPAM REALISATIONS LIMITED
Opportunity 53/100 (worth a look), bankability 42/100. Strong seller-intent signal (78/100, director aged 70). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
Refinance opportunity
3 live charges · 3 lenders · oldest 23.6y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (45 events)Click to expand
- 2022-05-08⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2022-05-08🏁Company dissolved
- 2022-02-08⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2021-08-04⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2021-01-25⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2020-08-20⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2020-02-10⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2019-08-16⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2019-04-16⚠️liquidation-miscellaneousinsolvency · LIQ MISC
- 2019-02-19⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2019-01-28⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2019-01-28⚠️liquidation-voluntary-removal-of-liquidator-by-courtinsolvency · LIQ10
- 2018-08-03⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2018-02-06⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2017-08-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2017-02-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-10-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-08-16⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-08-08⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-02-12⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-02-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-02-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-02-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-02-05⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2015-08-10⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2015-02-12⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2005-03-08➖RECKER, Fiona Anne resignedsecretary
- 2004-11-05🔒Charge registered #3Lender: Resurge PLC
- 2003-11-06➖FLEMING, Ian James resigneddirector
- 2003-10-28➕HEANEY, William Alexander appointeddirector
- 2003-10-28➖COMELY, Hamilton Robert resigneddirector
- 2003-09-03➕BRIGGS, Philip Neil appointeddirector
- 2003-03-20🔒Charge registered #2Lender: The Royal Bank of Scotland Commercial Services Limited
- 2003-01-06➕COMELY, Hamilton Robert appointeddirector
- 2002-11-18➖WALKER, David Nigel resigneddirector
- 2002-10-23🔒Charge registered #1Lender: National Westminster Bank PLC
- 2001-12-13🏢Company incorporatedAs CPAM REALISATIONS LIMITED
- 2001-12-13➕HEANEY, William Alexander appointedsecretary
- 2001-12-13➕RECKER, Fiona Anne appointedsecretary
- 2001-12-13➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2001-12-13➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2001-12-13➕FLEMING, Ian James appointeddirector
- 2001-12-13➕WALKER, David Nigel appointeddirector
- 2001-12-13➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2001-12-13➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-05-08
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-05-08: gazette-dissolved-liquidation; 2022-02-08: liquidation-voluntary-creditors-return-of-final-meeting
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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11 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 (0 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Resurge Resurge PLC | Debenture | 1 property | 05/11/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Fixed and floating charge | 1 property | 20/03/2003 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 23/10/2002 | — |