MANNASOL PRODUCTS LIMITED
- · Thesis: well-run, low negotiation leverage
- 82990Other business support service activities n.e.c.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
10 live charges · 6 lenders · oldest 23.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | — | £896.9k |
| Current assets | — | £3.34M |
| Cash | — | £187.0k |
| Debtors | — | £2.17M |
| Net assets | — | £676.2k |
| Average employees | 19 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 mortgage
- • 1 mortgage
Corporate timeline (52 events)Click to expand
- 2026-06-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-17🔓Charge satisfied #8
- 2025-12-19📄accounts-with-accounts-type-smallaccounts · AA
- 2025-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-02🔒Charge registered #9Lender: Lloyds Bank Commercial Finance Limited
- 2025-06-30🔒Charge registered #10Lender: Lloyds Bank Commercial Finance Limited
- 2024-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-08📄accounts-with-accounts-type-smallaccounts · AA
- 2021-11-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-02➖HEPBURN, Colin Robert resigneddirector
- 2021-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-28📄capital-allotment-sharescapital · SH01
- 2021-09-28📄capital-allotment-sharescapital · SH01
- 2021-09-28📄capital-allotment-sharescapital · SH01
- 2021-09-28📄capital-allotment-sharescapital · SH01
- 2021-09-27📄capital-allotment-sharescapital · SH01
- 2021-09-27📄resolutionresolution · RESOLUTIONS
- 2021-09-27📄memorandum-articlesincorporation · MA
- 2021-09-22📄capital-alter-shares-subdivisioncapital · SH02
- 2021-08-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-11🔓Charge satisfied #7
- 2021-08-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-09🔒Charge registered #8Lender: Abn Amro Asset Based Finance N.V.
- 2020-03-31➖GASKELL, Robin William resigneddirector
- 2018-05-29🔓Charge satisfied #6
- 2018-05-24🔒Charge registered #7Lender: Abn Amro Asset Based Finance N.V.
- 2018-05-10🔓Charge satisfied #5
- 2018-05-10🔓Charge satisfied #4
- 2018-05-10🔓Charge satisfied #3
- 2016-02-29➕LIU, Lu Wei appointeddirector
- 2016-02-29➕HEPBURN, Colin Robert appointeddirector
- 2015-09-22🔒Charge registered #6Lender: Bibby Financial Services LTD (As Security Trustee)
- 2014-06-05➕GRIFFITHS, Sandra appointedsecretary
- 2014-06-05➖CASLIN, John resignedsecretary
- 2009-10-29🔓Charge satisfied #2
- 2009-10-29🔓Charge satisfied #1
- 2009-10-16🔒Charge registered #5Lender: National Westminster Bank PLC
- 2009-09-30🔒Charge registered #4Lender: National Westminster Bank PLC
- 2009-09-30🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2002-10-07🔒Charge registered #2Lender: Davenham Trade Finance Limited
- 2002-10-03🔒Charge registered #1Lender: Davenham Trade Finance Limited
- 2002-09-03➕CASLIN, John appointeddirector
- 2002-09-03➕CASLIN, John appointedsecretary
- 2002-09-03➖A B & C SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2002-09-03➕GASKELL, Robin William appointeddirector
- 2002-09-03➖INHOCO FORMATIONS LIMITED resignedcorporate-nominee-director
- 2002-07-12🏢Company incorporatedAs MANNASOL PRODUCTS LIMITED
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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — 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 76 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 24 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Teejoy Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Teejoy Uk Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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8 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 (3 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 02/07/2025 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | 1 property | 30/06/2025 | — | |
| satisfied | Abn Amro Asset Based Finance N.V. | A registered charge | 1 property | 09/08/2021 | 17/06/2026 | |
| satisfied | Abn Amro Asset Based Finance N.V. | A registered charge | — | 24/05/2018 | 11/08/2021 | |
| satisfied | Bibby Financial Services Bibby Financial Services LTD (As Security Trustee) | A registered charge | — | 22/09/2015 | 29/05/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 16/10/2009 | 10/05/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 30/09/2009 | 10/05/2018 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Debenture | 1 property | 30/09/2009 | 10/05/2018 | |
| satisfied | Davenham Trade Finance Davenham Trade Finance Limited | Invoice finance agreement | 1 property | 07/10/2002 | 29/10/2009 | |
| satisfied | Davenham Trade Finance Davenham Trade Finance Limited | Debenture | 1 property | 03/10/2002 | 29/10/2009 |