APPLIANCE CARE LTD
Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · oldest 15.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £196.6k | £277.9k |
| Current assets | £524.0k | £474.9k |
| Cash | £465 | £18.0k |
| Debtors | £451.2k | £376.0k |
| Net assets | £52.2k | £128.4k |
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
Corporate timeline (59 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-25➖RAMPLING, Timothy Robin resigneddirector
- 2024-11-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-12➕MAGLENNON, Kerry appointeddirector
- 2024-07-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-13➖MAGLENNON, Kerry resigneddirector
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-14➖PEARSON, Steven Robert resigneddirector
- 2022-10-10📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-10-04📄capital-alter-shares-subdivisioncapital · SH02
- 2022-09-30📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-20➕MAGLENNON, Kerry appointedsecretary
- 2022-09-20➖PEARSON, Robert William resignedsecretary
- 2022-09-20➕MAGLENNON, Kerry appointeddirector
- 2022-09-20➖PEARSON, Gwenneth Marion resigneddirector
- 2022-09-20➕RAMPLING, Timothy Robin appointeddirector
- 2022-09-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-15🔓Charge satisfied #2
- 2013-10-16🔒Charge registered #2Lender: Barclays Bank PLC
- 2012-06-19🔓Charge satisfied #1
- 2010-11-04🔒Charge registered #1Lender: Barclays Bank PLC
- 2008-10-01➕PEARSON, Gwenneth Marion appointeddirector
- 2004-11-01➕PEARSON, Robert William appointedsecretary
- 2004-11-01➕PEARSON, Steven Robert appointeddirector
- 2004-10-31➖HENRY, David Joseph resignedsecretary
- 2004-10-31➖HENRY, David Joseph resigneddirector
- 2004-10-31➖SWIFT, Steven Paul resigneddirector
- 2004-09-27➖TRUBSHAW, Jonathan David resigneddirector
- 2004-07-14➕HENRY, David Joseph appointedsecretary
- 2004-07-14➕HENRY, David Joseph appointeddirector
- 2004-07-14➕SWIFT, Steven Paul appointeddirector
- 2004-07-06➖COOPER, Nicolas John resignedsecretary
- 2004-07-06➖COOPER, Nicolas John resigneddirector
- 2004-05-11➕COOPER, Nicolas John appointedsecretary
- 2004-05-11➖HENRY, David Joseph resignedsecretary
- 2004-05-11➕COOPER, Nicolas John appointeddirector
- 2004-05-11➖HENRY, David Joseph resigneddirector
- 2003-09-05➕HENRY, David Joseph appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-06-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Kerry Maglennon Individual · British · DOB 08/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/09/2022 |
4 historic (ceased) PSCs
- Mr Timothy Robin Ramplingceased 25/11/2024· 50-75% shares · 50-75% voting · board control
- Mr Steven Robert Pearsonceased 09/11/2021· 75-100% shares · significant influence · firm interest
- Mrs Gwenneth Marion Pearsonceased 09/11/2021· 75-100% shares · significant influence · firm interest
- Pearson North Devon Limitedceased 20/09/2022· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
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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9 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 · 16 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 16/10/2013 | 15/09/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/2010 | 19/06/2012 |