CITIPOST DIRECT DISTRIBUTION LIMITED

🌳Matureactive
05067425 · ltd · incorporated 2004-03-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£100
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

8 live charges · 5 lenders · oldest 20.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 20.4 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
—
£0£20£40£60£80£100Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£100£100
Current assets£100£100
Net assets£100£100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-01-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-09-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-09-12
    ➖
    RAPER, Michael John resigned
    director
  7. 2023-09-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-09-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-09-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-09-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-08-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-08-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-08-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2021-08-03
    ➖
    CHARLESWORTH, Daniel Albert resigned
    director
  17. 2020-10-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-03-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-03-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  20. 2013-04-26
    ➖
    PAYNE, John George resigned
    director
  21. 2012-06-01
    ➖
    EVANS, Michael resigned
    director
  22. 2010-07-07
    🔒
    Charge registered #9
    Lender: Rbs Invoice Finance Limited
  23. 2009-03-19
    🔒
    Charge registered #8
    Lender: Rbs Invoice Finance Limited (The Security Holder)
  24. 2008-11-25
    🔓
    Charge satisfied #5
  25. 2008-11-25
    🔓
    Charge satisfied #4
  26. 2008-11-25
    🔓
    Charge satisfied #3
  27. 2008-11-25
    🔓
    Charge satisfied #2
  28. 2008-11-25
    🔓
    Charge satisfied #1
  29. 2008-11-20
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  30. 2008-07-11
    ➕
    BLATCH, Lisa Jannine appointed
    secretary
  31. 2008-07-11
    ➖
    PAYNE, John George resigned
    secretary
  32. 2008-04-03
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  33. 2008-03-05
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  34. 2007-01-31
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Commercial Finance Limited
  35. 2006-10-01
    ➕
    CHARLESWORTH, Gregory appointed
    director
  36. 2006-10-01
    ➕
    CHARLESWORTH JNR, Daniel appointed
    director
  37. 2006-10-01
    ➕
    CHARLESWORTH, Daniel Albert appointed
    director
  38. 2006-10-01
    ➕
    EVANS, Michael appointed
    director
  39. 2006-05-03
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  40. 2006-02-28
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  41. 2004-03-09
    🏢
    Company incorporated
    As CITIPOST DIRECT DISTRIBUTION LIMITED
  42. 2004-03-09
    ➕
    PAYNE, John George appointed
    secretary
  43. 2004-03-09
    ➕
    QA REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  44. 2004-03-09
    ➖
    QA REGISTRARS LIMITED resigned
    corporate-nominee-secretary
  45. 2004-03-09
    ➕
    PAYNE, John George appointed
    director
  46. 2004-03-09
    ➕
    RAPER, Michael John appointed
    director
  47. 2004-03-09
    ➕
    QA NOMINEES LIMITED appointed
    corporate-nominee-director
  48. 2004-03-09
    ➖
    QA NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 22 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 ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gregory Charlesworth
Individual · British · DOB 04/1984 · age 42
——board controlboard control04/08/2021
Mr Daniel Albert Charlesworth
Individual · English · DOB 08/1951 · age 75
——sig. influencesignificant influence · firm interest06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒Advanced scoring suite

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

Statusactive
Typeltd
Incorporated2004-03-09
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

51 Hailey Road
Erith
Kent
DA18 4AA

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (3 active · 7 resigned)

BLATCH, Lisa Jannine→
secretary · appointed 2008-07-11
View their other companies + combined net worth →
Active
CHARLESWORTH, Gregory→
director · ~42y · appointed 2006-10-01
View their other companies + combined net worth →
Active
CHARLESWORTH JNR, Daniel→
director · ~47y · appointed 2006-10-01
View their other companies + combined net worth →
Active
PAYNE, John George→
secretary · appointed 2004-03-09 · resigned 2008-07-11
Resigned
QA REGISTRARS LIMITED→
corporate-nominee-secretary · appointed 2004-03-09 · resigned 2004-03-09
Resigned
CHARLESWORTH, Daniel Albert→
director · ~75y · appointed 2006-10-01 · resigned 2021-08-03
Resigned
EVANS, Michael→
director · ~81y · appointed 2006-10-01 · resigned 2012-06-01
Resigned
PAYNE, John George→
director · ~76y · appointed 2004-03-09 · resigned 2013-04-26
Resigned
RAPER, Michael John→
director · ~80y · appointed 2004-03-09 · resigned 2023-09-12
Resigned
QA NOMINEES LIMITED→
corporate-nominee-director · appointed 2004-03-09 · resigned 2004-03-09
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
3
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
All assets debenture1 property07/07/2010—
outstanding
NatWest Group
Rbs Invoice Finance Limited (The Security Holder)
Fixed and floating charge1 property19/03/2009—
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property20/11/2008—
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Deed of admission to an omnibus guarantee and set-off agreement1 property03/04/200825/11/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Deed of admission to an omnibus guarantee and set-off agreement dated 28TH february 2006 and1 property05/03/200825/11/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
All assets debenture1 property31/01/200725/11/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property03/05/200625/11/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
An omnibus guarantee and set-off agreement1 property28/02/200625/11/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
termination-director-company-with-name-termination-date
officers · TM01
2023-09-13
change-person-director-company-with-change-date
officers · CH01
2023-09-13
change-person-director-company-with-change-date
officers · CH01
2023-09-12
change-person-director-company-with-change-date
officers · CH01
2023-09-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-25