CHAPMANS REFRIGERATION LIMITED
- · Oldest live charge 13.3y old — refinance window within 12 months
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 13.3y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £3.8k | £24.6k |
| Current assets | £121.6k | £155.0k |
| Cash | £414 | — |
| Debtors | £121.2k | — |
| Net assets | £694 | £561 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 persons-with-significant-control
- • 2 persons-with-significant-control
- • 2 persons-with-significant-control
Corporate timeline (23 events)Click to expand
- 2026-07-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-07-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-15📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2013-03-15🔒Charge registered #1Lender: National Westminster Bank PLC
- 2012-12-25➕CHAPMAN, Stacey appointeddirector
- 2012-08-01➖WILSON, David James resigneddirector
- 2011-09-01➕WILSON, David James appointeddirector
- 2008-12-15🏢Company incorporatedAs CHAPMANS REFRIGERATION LIMITED
- 2008-12-15➕CHAPMAN, Stacey appointedsecretary
- 2008-12-15➕CHAPMAN, Gavin appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "CHAPMAN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gavin James Chapman Individual · British · DOB 06/1979 · age 47 | 25–50% | — | 25-50% shares | 15/12/2016 |
Mrs Stacey Marie Chapman Individual · British · DOB 12/1982 · age 44 | 25–50% | — | 25-50% shares | 15/12/2016 |
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 | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 15/03/2013 | — |