A R & A L KEEN LIMITED

📉Decliningactive
05391949 · ltd · incorporated 2005-03-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
£9.39M
year to Dec 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 17.7y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 17.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Not currently profitable — coverage conversation is a harder sell.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £1,379,757
Revenue decline
Turnover down 37% YoY
Slipped into loss
Moved from profit to loss this year
Turnover YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Turnover£9.39M£14.98M
Gross profit£269.3k£2.16M
Operating profit£-1.06M£1.18M
Profit before tax£-1.38M£986.9k
Average employees10001000

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

🔒Filing-note intelligence

4 signals 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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-11-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-03-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2024-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-03-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-10-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-10-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2022-07-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-03-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-03-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2021-10-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-01-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2019-12-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2016-05-28
    🔓
    Charge satisfied #1
  19. 2016-03-23
    KEEN, Bianca appointed
    secretary
  20. 2016-03-23
    KEEN, Amanda Louise resigned
    secretary
  21. 2012-06-30
    KEEN, Anthony Richard resigned
    director
  22. 2008-09-25
    🔒
    Charge registered #1
    Lender: Textron Financial Limited
  23. 2005-03-14
    🏢
    Company incorporated
    As A R & A L KEEN LIMITED
  24. 2005-03-14
    KEEN, Amanda Louise appointed
    director
  25. 2005-03-14
    KEEN, Amanda Louise appointed
    secretary
  26. 2005-03-14
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  27. 2005-03-14
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  28. 2005-03-14
    KEEN, Anthony Richard appointed
    director
  29. 2005-03-14
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director
  30. 2005-03-14
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "KEEN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

A Keen Properties Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A Keen Properties Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
A R & A L KEEN LIMITED
This company · 05391949

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%
NameSharesVoting rightsNature of controlNotified
A Keen Properties Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/12/2017
1 historic (ceased) PSC
  • Mrs Amanda Louise Keenceased 31/12/2017· 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.

🔒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

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 →
🔒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
Incorporated2005-03-14
Jurisdictionengland-wales
Primary SIC45190 — SIC 45190

Registered office

Lowin House
Tregolls Road
Truro
Cornwall
TR1 2NA
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14

Officers (2 active · 4 resigned)

KEEN, Bianca
secretary · appointed 2016-03-23
View their other companies + combined net worth →
Active
KEEN, Amanda Louise
director · ~57y · appointed 2005-03-14
View their other companies + combined net worth →
Active
KEEN, Amanda Louise
secretary · appointed 2005-03-14 · resigned 2016-03-23
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 2005-03-14 · resigned 2005-03-14
Resigned
KEEN, Anthony Richard
director · ~72y · appointed 2005-03-14 · resigned 2012-06-30
Resigned
INSTANT COMPANIES LIMITED
corporate-nominee-director · appointed 2005-03-14 · resigned 2005-03-14
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Textron Financial
Textron Financial Limited
Floating charge2 properties25/09/200828/05/2016

Recent filings (68 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-full
accounts · AA
2024-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-25
change-person-secretary-company-with-change-date
officers · CH03
2024-03-20
change-person-director-company-with-change-date
officers · CH01
2024-03-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-20
accounts-with-accounts-type-full
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-full
accounts · AA
2022-10-10
change-person-director-company-with-change-date
officers · CH01
2022-07-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-14