ANNAPURNA HR LTD
- 78200Temporary employment agency activities
Opportunity 74/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 17.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 17.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Profit before tax | £-122.0k | — |
| Average employees | 33 | — |
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
Corporate timeline (31 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-29📄accounts-with-accounts-type-groupaccounts · AA
- 2024-09-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-20🔓Charge satisfied #2
- 2024-05-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-14➖APPLEYARD, Charles Edward resigneddirector
- 2023-11-30📄accounts-with-accounts-type-groupaccounts · AA
- 2023-10-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-22📄accounts-with-accounts-type-groupaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-groupaccounts · AA
- 2021-08-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-30📄accounts-with-accounts-type-groupaccounts · AA
- 2020-06-11🔒Charge registered #4Lender: National Westminster Bank PLC
- 2016-07-04🔓Charge satisfied #1
- 2016-06-27🔒Charge registered #3Lender: Sonovate Limited
- 2010-11-25🔒Charge registered #2Lender: Zurich Assurance LTD
- 2009-01-26🔒Charge registered #1Lender: Bibby Financial Services Limited
- 2008-04-16🏢Company incorporatedAs ANNAPURNA HR LTD
- 2008-04-16➕BALLARD, James David appointeddirector
- 2008-04-16➕FOX, Nigel James appointeddirector
- 2008-04-16➕APPLEYARD, Charles Edward 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 18 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.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Annapurna Recruitment Group Ltd 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 |
|---|---|---|---|---|
Annapurna Recruitment Group Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/05/2024 |
3 historic (ceased) PSCs
- Mr Charles Edward Appleyardceased 14/05/2024· 25-50% shares · 25-50% voting
- Mr James David Ballardceased 14/05/2024· 25-50% shares · 25-50% voting
- Mr Nigel James Foxceased 14/05/2024· 25-50% shares · 25-50% voting
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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|---|---|---|---|---|---|---|---|
| A.O. GEORGE CONSULTANCY SERVICES LTD→ 09890362 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AMRAS RESEARCHCONSULT→ 10762050 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMV BBDO MARKETING LTD→ 16342404 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANAX CONSULTING LIMITED→ 07838825 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ANCHOR & SCEPTER ASSOCIATES LTD→ 15834119 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDREW MORRISON ECONOMICS LTD→ 16708027 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANEESHA TRADING INVESTMENT LTD→ 15852949 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANGLO CHINA ADVISORY LTD→ 10731396 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANGULAR CONSULTANTS LIMITED→ 13552333 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANITA JAKHU CONSULTANCY LTD→ 13467364 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANJEL DIRECT (RECRUITMENT) SOLUTIONS LTD→ 10505687 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANNICA LTD→ 09204778 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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 →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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 11/06/2020 | — | |
| outstanding | Sonovate Sonovate Limited | A registered charge | — | 27/06/2016 | — | |
| satisfied | Zurich Assurance Zurich Assurance LTD | Rent deposit deed | 2 properties | 25/11/2010 | 20/09/2024 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited | Debenture | 1 property | 26/01/2009 | 04/07/2016 |