4TH CORNER LIMITED
- · Oldest live charge 18.6y old — refinance window within 12 months
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 18.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £343.9k | £338.3k |
| Current assets | £429.5k | £382.9k |
| Cash | £16.0k | £14.8k |
| Debtors | £413.5k | £368.1k |
| Net assets | £49.0k | £2.3k |
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 confirmation-statement
Corporate timeline (38 events)Click to expand
- 2025-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-25📄resolutionresolution · RESOLUTIONS
- 2021-03-24📄capital-name-of-class-of-sharescapital · SH08
- 2021-03-24📄memorandum-articlesincorporation · MA
- 2020-07-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-06-07🔒Charge registered #2Lender: Hsbc Bank PLC
- 2014-02-10➕RANSOM, Amanda Kathleen appointeddirector
- 2011-06-24🔓Charge satisfied #1
- 2009-09-01➖RANSOM, Amanda Kathleen resignedsecretary
- 2009-09-01➖RANSOM, Amanda Kathleen resigneddirector
- 2007-11-05🔒Charge registered #1Lender: National Westminster Bank PLC
- 2007-04-24➕RANSOM, Amanda Kathleen appointedsecretary
- 2007-04-24➖RANSOM, Rosanna resignedsecretary
- 2007-04-24➕RANSOM, Amanda Kathleen appointeddirector
- 2004-07-01➖RANSOM, Julian William Andrew resignedsecretary
- 2004-07-01➕RANSOM, Rosanna appointedsecretary
- 2004-07-01➖BRADSHAW, Patrick Julian resigneddirector
- 2004-07-01➖RANSOM, Julian William Andrew resigneddirector
- 2003-09-24🏢Company incorporatedAs 4TH CORNER LIMITED
- 2003-09-24➕RANSOM, Julian William Andrew appointeddirector
- 2003-09-24➕RANSOM, Julian William Andrew appointedsecretary
- 2003-09-24➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2003-09-24➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2003-09-24➕BRADSHAW, Patrick Julian appointeddirector
- 2003-09-24➕RANSOM, Julian William Andrew appointeddirector
- 2003-09-24➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 2003-09-24➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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 23 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Julian William Andrew Ransom Individual · British · DOB 03/1969 · age 57 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Amanda Kathleen Ransom Individual · British · DOB 02/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/04/2019 |
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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6 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 · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 07/06/2018 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 05/11/2007 | 24/06/2011 |