A & L CF MARCH (5) LIMITED
Opportunity 43/100 (watch), bankability 52/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
Refinance opportunity
12 live charges · 5 lenders · oldest 21.5y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 21.5 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (78 events)Click to expand
- 2025-01-19⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-01-19🏁Company dissolved
- 2024-10-19⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2023-10-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-12⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2023-10-12📄resolutionresolution · RESOLUTIONS
- 2023-10-12⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2022-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-25➖LAYHE, David Jeffrey resigneddirector
- 2022-11-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-18📄accounts-with-accounts-type-fullaccounts · AA
- 2019-09-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-09-17➕LAYHE, David Jeffrey appointeddirector
- 2019-08-05➕REINDL, Hayley appointeddirector
- 2019-08-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-07-23➖KONTER, Anna Maria resigneddirector
- 2019-07-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-28➖ASHWORTH, Mr George Smith-Salmond resigneddirector
- 2018-12-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-07-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-12-15🔓Charge satisfied #12
- 2017-12-15🔓Charge satisfied #11
- 2017-12-15🔓Charge satisfied #10
- 2017-12-15🔓Charge satisfied #9
- 2017-12-15🔓Charge satisfied #8
- 2017-12-15🔓Charge satisfied #7
- 2017-12-15🔓Charge satisfied #6
- 2017-12-15🔓Charge satisfied #5
- 2017-12-15🔓Charge satisfied #4
- 2017-12-15🔓Charge satisfied #3
- 2017-12-15🔓Charge satisfied #2
- 2017-12-15🔓Charge satisfied #1
- 2017-10-24➖EVANS, Martin William resigneddirector
- 2017-10-24➖MUSSERT, Adam Nicholas resigneddirector
- 2017-10-23➕ASHWORTH, Mr George Smith-Salmond appointeddirector
- 2017-10-23➕KONTER, Anna Maria appointeddirector
- 2016-09-30➕AFFLECK, Stephen David appointeddirector
- 2016-06-30➖MORLEY, Colin Richard resigneddirector
- 2012-12-04➕MUSSERT, Adam Nicholas appointeddirector
- 2012-10-26➖FAULKNER, Geoffrey Arthur resigneddirector
- 2012-08-29➕SANTANDER SECRETARIAT SERVICES LIMITED appointedcorporate-secretary
- 2012-08-29➖ABBEY NATIONAL NOMINEES LIMITED resignedcorporate-secretary
- 2011-05-31➖HAWKER, Richard Allen resignedsecretary
- 2011-05-31➕ABBEY NATIONAL NOMINEES LIMITED appointedcorporate-secretary
- 2011-05-31➕FAULKNER, Geoffrey Arthur appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-01-19
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-01-19: gazette-dissolved-liquidation; 2024-10-19: liquidation-voluntary-members-return-of-final-meeting
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Santander Equity Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Santander Equity Investments Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/06/2018 |
1 historic (ceased) PSC
- Santander Asset Finance Plcceased 28/06/2018· 75-100% shares · 75-100% voting · board control
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 (0 active · 15 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ing Bank N.V. in Its Capacity as Security Trustee for Itself and the Beneficiaries (Thesecurity Trustee) | Mortgage of a ship | 1 property | 02/06/2006 | 15/12/2017 | |
| satisfied | Ing Bank N.V. in Its Capacity as Security Trustee for Itself and the Beneficiaries (Thesecurity Trustee) | Hatsu general assignment | 1 property | 02/06/2006 | 15/12/2017 | |
| satisfied | Ing Bank N.V. in Its Capacity as Security Trustee for Itself and the Beneficiaries (Thesecurity Trustee) | Deed of covenants | 1 property | 02/06/2006 | 15/12/2017 | |
| satisfied | Ing Bank N.V., as Security Trustee for and on Behalf of Itself and the Other Beneficiaries (The "Security Trustee") | Hatsu general assignment | 2 properties | 02/03/2006 | 15/12/2017 | |
| satisfied | Ing Bank N.V., as Security Trustee for Itself and the Beneficiaries (The "Security Trustee") | Deed of covenants | 1 property | 02/03/2006 | 15/12/2017 | |
| satisfied | Ing Bank N.V., as Security Trustee for and on Behalf of Itself and the Beneficiaries(The "Security Trustee") | Mortgage of a ship | 1 property | 02/03/2006 | 15/12/2017 | |
| satisfied | Ing Bank N.V., as Security Trustee for and on Behalf of Itself and the Other Beneficiaries (The "Security Trustee") | Hatsu general assignment | 2 properties | 14/11/2005 | 15/12/2017 | |
| satisfied | Ing Bank N.V., as Security Trustee for Itself and the Beneficiaries (The "Security Trustee") | Deed of covenants | 1 property | 14/11/2005 | 15/12/2017 | |
| satisfied | Ing Bank N.V., as Security Trustee for and on Behalf of Itself and the Beneficiaries(The "Security Trustee") | Mortgage of a ship | 1 property | 14/11/2005 | 15/12/2017 | |
| satisfied | Ing Bank N.V. as Security Trustee for and on Behalf of Itself and the Beneficiaries (Securitytrustee) | Owner proceeds account charge | 1 property | 01/12/2004 | 15/12/2017 | |
| satisfied | Ing Bank N.V. as Security Trustee for and on Behalf of Itself and the Beneficiaries (Securitytrustee) | Owner proceeds account charge | 1 property | 01/12/2004 | 15/12/2017 | |
| satisfied | Ing Bank N.V. as Security Trustee for and on Behalf of Itself and the Beneficiaries (Securitytrustee) | Owner proceeds account charge | 1 property | 01/12/2004 | 15/12/2017 |