GRENDON GARAGE LIMITED
- 68209Other letting and operating of own or leased real estate
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 84). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 22.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — 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 | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | — | £1.94M |
| Current assets | — | £630.6k |
| Cash | — | £485.6k |
| Debtors | — | £144.9k |
| Net assets | — | £1.29M |
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
- • 2 officers
- • 1 accounts
- • 2 officers
- • 1 accounts
Corporate timeline (43 events)Click to expand
- 2026-06-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-05-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-01➕COX, Melanie Jane appointeddirector
- 2026-04-21➖HUNTER, Samantha Jane resignedsecretary
- 2026-04-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-23🔓Charge satisfied #4
- 2024-07-24📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25🔓Charge satisfied #3
- 2023-11-27➖COX, Melanie Jane resigneddirector
- 2023-11-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-04🔒Charge registered #4Lender: Geoffrey Charles Cox
- 2022-03-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-29🔓Charge satisfied #2
- 2017-05-17➕COX, Melanie Jane appointeddirector
- 2015-12-08🔒Charge registered #3Lender: Svenska Handelsbanken Ab (Publ)
- 2015-10-30🔓Charge satisfied #1
- 2013-05-23➖BLUNDELL, Melanie Jane resigneddirector
- 2012-09-26🔒Charge registered #2Lender: Geoffrey Charles Cox , Geoffrey Charles James Cox, Samantha Jane Hunter and Melinie Jane Blundell
- 2011-08-03➕BLUNDELL, Melanie Jane appointeddirector
- 2004-02-05🔒Charge registered #1Lender: National Westminster Bank PLC
- 2002-09-03➕COX, Geoffrey Charles appointeddirector
- 2002-09-03➕HUNTER, Samantha Jane appointedsecretary
- 2002-09-03➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-09-03➖COMBINED NOMINEES LIMITED resignedcorporate-nominee-director
- 2002-09-03➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-director
- 2002-07-22🏢Company incorporatedAs GRENDON GARAGE LIMITED
- 2002-07-22➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-07-22➕COMBINED NOMINEES LIMITED appointedcorporate-nominee-director
- 2002-07-22➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — 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 84 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Geoffrey Charles Cox Individual · British · DOB 07/1942 · age 84 | 25–50% | 25–50% | board control50-75% shares · 50-75% voting · board control · trust interest | 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.
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 (2 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Geoffrey Charles Cox / Melanie Cox / Whitehall Trustees / All Trustees of the Grendon Garage Pension Scheme Geoffrey Charles Cox / Melanie Cox / Whitehall Trustees Limited / All Trustees of the Grendon Garage Limited Pension Scheme | A registered charge | 1 property | 04/04/2022 | 23/09/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 08/12/2015 | 25/03/2024 | |
| satisfied | Geoffrey Charles Cox , Geoffrey Charles James Cox, Samantha Jane Hunter and Melinie Jane Blundell | Legal charge | 1 property | 26/09/2012 | 29/01/2020 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 05/02/2004 | 30/10/2015 |