PHYSIO FIRST CENTRE (GRIMSBY) LIMITED
- · Oldest live charge 13.6y old — refinance window within 12 months
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 13.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
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 | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £10.9k | £9.5k |
| Current assets | £23.3k | £23.5k |
| Cash | £15.5k | £15.8k |
| Debtors | £6.5k | £6.2k |
| Net assets | £-5.1k | £-10.1k |
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 (23 events)Click to expand
- 2025-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-12-23➕KROSS, Valerie Saskia appointeddirector
- 2015-10-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-05-16🔒Charge registered #2Lender: Hsbc Bank PLC
- 2012-10-30🔒Charge registered #1Lender: National Westminster Bank PLC
- 2007-01-24➕KROSS, Valerie Saskia appointedsecretary
- 2007-01-24➖CLARK, Stephen John resignedsecretary
- 2007-01-02🏢Company incorporatedAs PHYSIO FIRST CENTRE (GRIMSBY) LIMITED
- 2007-01-02➕HOUTSNEE, Louis William appointeddirector
- 2007-01-02➕CLARK, Stephen John appointedsecretary
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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Louis William Houtsnee Individual · Dutch · DOB 02/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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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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 · 1 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 | 16/05/2013 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 30/10/2012 | — |