UNDERSHAFT FAL LIMITED
🌳Matureactive
06363657 · ltd · incorporated 2007-09-06
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Life insurance
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 16.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
47 officers (4 active, 47 linked, 43 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
22 connected companies via shared directors
90
Filing history
178 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (116 events)Click to expand
- 2026-02-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-01-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-08➖SIM, Rhona Helen resigneddirector
- 2025-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-09➕CALLAGHAN, Lee Patrick appointeddirector
- 2025-09-09➕MACINTYRE, Jamie appointeddirector
- 2025-09-09➕MORGAN, Alice Parker appointeddirector
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-06➖POTTER, Helen resigneddirector
- 2024-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-24📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2023-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-12➖MCGOWAN, Laura Eileen resigneddirector
- 2022-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-01➕SIM, Rhona Helen appointeddirector
- 2022-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-29➖BADDELEY, Julian Charles resigneddirector
- 2022-07-29➕MCGOWAN, Laura Eileen appointeddirector
- 2022-07-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-12📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-04📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2021-01-01➕POTTER, Helen appointeddirector
- 2020-12-31➖ROSE, David Rowley resigneddirector
- 2019-12-06🔓Charge satisfied #5
- 2017-09-29➖MARSHALL, Clair Louise resigneddirector
- 2017-07-26➕AVIVA COMPANY SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2017-07-26➖RISAM, Monica resignedsecretary
- 2017-06-27➕BADDELEY, Julian Charles appointeddirector
- 2016-09-23➖CARR, Andrew David resigneddirector
- 2016-09-23➕MARSHALL, Clair Louise appointeddirector
- 2016-09-23➖RISAM, Monica resigneddirector
- 2016-09-23➕ROSE, David Rowley appointeddirector
- 2016-03-31➖ALLVEY, David Philip resigneddirector
- 2016-03-31➖BRIGGS, Andrew David resigneddirector
- 2016-03-31➖CAREW-JONES, Belinda Jane resigneddirector
- 2016-03-31➕CARR, Andrew David appointeddirector
- 2016-03-31➖CARVILL, Mel Gerard resigneddirector
- 2016-03-31➖HOWE, Robert William Albert resigneddirector
- 2016-03-31➖HUTCHINSON, Alison Elizabeth resigneddirector
- 2016-03-31➖LISTER, John Robert resigneddirector
- 2016-03-31➖PATEL, Hiteshkumar Rameshchandra resigneddirector
- 2016-03-31➕RISAM, Monica appointeddirector
- 2016-03-31➖WALLS, John Russell Fotheringham resigneddirector
Showing most recent 50 of 116 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: POTTER, Helen resigned 2025-08-06; SIM, Rhona Helen resigned 2026-01-08
Group structure
London And Manchester Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
London And Manchester Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
UNDERSHAFT FAL LIMITED
This company · 06363657
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 |
|---|---|---|---|---|
London And Manchester Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/09/2016 |
1 historic (ceased) PSC
- Friends Life Limitedceased 26/09/2016· 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 →Similar companies
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|---|---|---|---|---|---|---|---|
| ALEGRA STRATEGIC LIMITED→ 12386188 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALTIUS IFA LIMITED→ 16310462 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AMDINE LTD→ 08820148 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ANYWAY VENTURES LIMITED→ 16318119 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARDENT IFA LIMITED→ 06014584 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AUTUS LIFETIME PLANNING LIMITED→ 08813223 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AVIVA ERFA 15 UK LIMITED→ 06518135 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AVIVA INVESTMENT SOLUTIONS UK LIMITED→ 06389025 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AVIVA TRUSTEES UK LIMITED→ 09304239 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AXIS LEISURE LIMITED→ 08492450 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BASTOW & CO LIMITED→ 04943381 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BAYSTONE VENTURES LIMITED→ 15938945 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2007-09-06
Jurisdictionengland-wales
Primary SIC65110 — Life insurance
Registered office
Aviva
Wellington Row
York
YO90 1WR
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15
Officers (4 active · 43 resigned)
AVIVA COMPANY SECRETARIAL SERVICES LIMITED→
Activecorporate-secretary · appointed 2017-07-26
View their other companies + combined net worth →
CALLAGHAN, Lee Patrick→
Activedirector · ~62y · appointed 2025-09-09
View their other companies + combined net worth →
MACINTYRE, Jamie→
Activedirector · ~38y · appointed 2025-09-09
View their other companies + combined net worth →
MORGAN, Alice Parker→
Activedirector · ~43y · appointed 2025-09-09
View their other companies + combined net worth →
RISAM, Monica→
Resignedsecretary · appointed 2015-08-01 · resigned 2017-07-26
SMALL, Jeremy Peter→
Resignedsecretary · appointed 2007-09-06 · resigned 2010-09-15
FRIENDS LIFE SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2010-09-15 · resigned 2015-07-31
ABRAHAMS, Clifford James→
Resigneddirector · ~59y · appointed 2015-04-13 · resigned 2015-06-30
ALLVEY, David Philip→
Resigneddirector · ~81y · appointed 2015-04-17 · resigned 2016-03-31
BADDELEY, Julian Charles→
Resigneddirector · ~45y · appointed 2017-06-27 · resigned 2022-07-29
BLACK, James Masson→
Resigneddirector · ~62y · appointed 2013-02-08 · resigned 2013-09-27
BOURKE, Evelyn Brigid→
Resigneddirector · ~61y · appointed 2010-09-15 · resigned 2012-09-21
BRIGGS, Andrew David→
Resigneddirector · ~60y · appointed 2015-04-02 · resigned 2016-03-31
CALDER, Stewart Stephen→
Resigneddirector · ~57y · appointed 2012-09-19 · resigned 2014-10-14
CAREW-JONES, Belinda Jane→
Resigneddirector · ~68y · appointed 2015-04-17 · resigned 2016-03-31
CARR, Andrew David→
Resigneddirector · ~56y · appointed 2016-03-31 · resigned 2016-09-23
CARR, Andrew David→
Resigneddirector · ~56y · appointed 2014-10-14 · resigned 2015-04-13
CARVILL, Mel Gerard→
Resigneddirector · ~64y · appointed 2015-04-21 · resigned 2016-03-31
CHEESEMAN, David Richard→
Resigneddirector · ~58y · appointed 2008-07-23 · resigned 2010-09-15
DE MENEVAL, Francois→
Resigneddirector · ~63y · appointed 2007-09-06 · resigned 2010-09-15
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Royal Bank of Canada Insurance Company Royal Bank of Canada Insurance Company LTD | Charge and security assignment deed | 1 property | 09/11/2012 | 06/12/2019 | |
| outstanding | Friends Life Company Friends Life Company Limited | Amending agreement to charge and security assignment deed | 1 property | 31/07/2012 | — | |
| outstanding | Royal Bank of Canada Insurance Company Royal Bank of Canada Insurance Company LTD | Charge and security assignment deed | 2 properties | 13/05/2010 | — | |
| outstanding | Rga Global Reinsurance Company Rga Global Reinsurance Company LTD | Charge and security assignment deed | 2 properties | 13/05/2010 | — | |
| outstanding | Axa Sun Life Axa Sun Life PLC | Charge and security assignment deed | 1 property | 30/07/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (178 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-02-20
termination-director-company-with-name-termination-date
officers · TM01
2026-01-22
accounts-with-accounts-type-dormant
accounts · AA
2025-09-23
termination-director-company-with-name-termination-date
officers · TM01
2025-09-11
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-dormant
accounts · AA
2024-10-02
change-corporate-secretary-company-with-change-date
officers · CH04
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-dormant
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
termination-director-company-with-name-termination-date
officers · TM01
2022-12-13