ACRE RESOURCES LIMITED
Opportunity 73/100 (strong), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (45/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 12.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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.
Recent activity
- • 1 officers
- • 1 officers
- • 1 mortgage
Corporate timeline (42 events)Click to expand
- 2026-05-08📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2026-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-26🔒Charge registered #3Lender: Sonovate Limited
- 2025-12-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-23🔓Charge satisfied #1
- 2025-11-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-09➖WOODS, James Austen Murray resigneddirector
- 2025-05-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-09📄accounts-with-accounts-type-groupaccounts · AA
- 2024-07-11📄accounts-with-accounts-type-groupaccounts · AA
- 2023-12-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-13📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-11📄capital-return-purchase-own-sharescapital · SH03
- 2022-03-02📄resolutionresolution · RESOLUTIONS
- 2022-03-02📄memorandum-articlesincorporation · MA
- 2022-02-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-28📄capital-cancellation-sharescapital · SH06
- 2022-02-01➖LEATHES, Tom Robert Benjamin resigneddirector
- 2021-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-28📄memorandum-articlesincorporation · MA
- 2020-09-07🔒Charge registered #2Lender: Lloyds Bank PLC
- 2013-07-29🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance LTD
- 2012-08-22➕WRIGHT, Richard John appointeddirector
- 2011-09-20➖CARTLAND, Benjamin Matthew resignedsecretary
- 2010-07-21➕NASH, Ian Victor, Me appointeddirector
- 2010-07-21➖CARTLAND, John Anthony resigneddirector
- 2010-07-21➖LEATHES, Michael Stanley resigneddirector
- 2007-10-15➕CARTLAND, John Anthony appointeddirector
- 2007-10-15➕LEATHES, Michael Stanley appointeddirector
- 2007-10-15➕WOODS, James Austen Murray appointeddirector
- 2004-06-14➕LEATHES, Tom Robert Benjamin appointeddirector
- 2003-09-05🏢Company incorporatedAs ACRE RESOURCES LIMITED
- 2003-09-05➕CARTLAND, Andrew John appointeddirector
- 2003-09-05➕CARTLAND, Benjamin Matthew appointedsecretary
- 2003-09-05➕DUPORT SECRETARY LIMITED appointedcorporate-nominee-secretary
- 2003-09-05➖DUPORT SECRETARY LIMITED resignedcorporate-nominee-secretary
- 2003-09-05➕DUPORT DIRECTOR LIMITED appointedcorporate-nominee-director
- 2003-09-05➖DUPORT DIRECTOR LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — 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 71 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Richard John Wright Individual · British · DOB 03/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2022 |
Mr Andrew John Cartland Individual · British · DOB 04/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Tom Robert Benjamin Leathesceased 01/02/2022· 25-50% shares · 25-50% voting
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 →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 (3 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Sonovate Sonovate Limited | A registered charge | — | 26/01/2026 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 07/09/2020 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance LTD | A registered charge | 1 property | 29/07/2013 | 23/12/2025 |