4SEC LTD
- · Oldest live charge 3.6y old — refinance window within 12 months
Opportunity 78/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 3.6y
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~3.6 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £288.3k | £220.6k |
| Current assets | £414.6k | £325.5k |
| Net assets | £18.2k | £-49.2k |
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (22 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-27📄gazette-notice-compulsorygazette · GAZ1
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-07🔒Charge registered #1Lender: Nasir Bashir Ali (As Trustees of the 4SEC LTD Small Self Administered Scheme)
- 2022-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-09📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-02-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-02-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-02-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-06-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2016-02-01➕ALI, Sabina appointeddirector
- 2005-11-30🏢Company incorporatedAs 4SEC LTD
- 2005-11-30➕ALI, Bashir Ahmed appointedsecretary
- 2005-11-30➕ALI, Nasir Bashir appointeddirector
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 20 years — deep operational knowledge concentrated in one person.
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 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanGroup structure
N & S Leicester Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
N & S Leicester Limited Corporate entity | — | — | sig. influencesignificant influence | 15/02/2021 |
2 historic (ceased) PSCs
- Mrs Sabina Aliceased 15/02/2021· 25-50% shares · 25-50% voting · board control
- Mr Nasir Bashir Aliceased 15/02/2021· 25-50% shares · 25-50% 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.
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 (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Nasir Bashir Ali (As Trustees of the 4SEC Small Self Administered Scheme) / Sabina Ali (As Trustees of the 4SEC Small Self Administered Scheme) / Obsidian Trustees (As Trustees of the 4SEC Small Self Administered Scheme) Nasir Bashir Ali (As Trustees of the 4SEC LTD Small Self Administered Scheme) / Sabina Ali (As Trustees of the 4SEC LTD Small Self Administered Scheme) / Obsidian Trustees Limited (As Trustees of the 4SEC LTD Small Self Administered Scheme) | A registered charge | 1 property | 07/10/2022 | — |