IRIS LENDING LIMITED
- · Oldest live charge 16.7y old — refinance window within 12 months
Opportunity 51/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 16.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (49 events)Click to expand
- 2017-07-18⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2017-07-18🏁Company dissolved
- 2017-04-18⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2017-02-13⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2016-01-05📍change-sail-address-company-with-new-addressaddress · AD02
- 2015-12-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-12-22⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2015-12-22⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2015-12-22📄resolutionresolution · RESOLUTIONS
- 2015-09-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-02-03📄accounts-with-accounts-type-fullaccounts · AA
- 2014-09-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-02-06📄accounts-with-accounts-type-fullaccounts · AA
- 2014-01-31📄appoint-person-director-company-with-nameofficers · AP01
- 2014-01-31📄termination-director-company-with-nameofficers · TM01
- 2014-01-28➕LEWIS, Mark Jonathan appointeddirector
- 2014-01-28➖DISCOMBE, Nicholas Sanders resigneddirector
- 2013-10-01📄change-person-director-company-with-change-dateofficers · CH01
- 2013-08-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-08-09📄appoint-person-director-company-with-nameofficers · AP01
- 2013-08-09📄termination-director-company-with-nameofficers · TM01
- 2013-05-31➕DISCOMBE, Nicholas Sanders appointeddirector
- 2013-05-31➖MARNOCH, Alasdair resigneddirector
- 2012-11-26📄accounts-with-accounts-type-fullaccounts · AA
- 2012-08-24📄appoint-person-director-company-with-nameofficers · AP01
- 2012-08-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-24📄change-person-director-company-with-change-dateofficers · CH01
- 2012-08-23📄termination-director-company-with-nameofficers · TM01
- 2012-07-24➖DISCOMBE, Nicholas Sanders resigneddirector
- 2012-07-24➕MARNOCH, Alasdair appointeddirector
- 2012-06-19📄appoint-person-director-company-with-nameofficers · AP01
- 2012-06-18📄termination-director-company-with-nameofficers · TM01
- 2012-05-31➕DISCOMBE, Nicholas Sanders appointeddirector
- 2012-05-14➖ALI, Mansoor Anwar resigneddirector
- 2012-01-25🔓Charge satisfied #1
- 2011-12-21➕ROBINSON, Phillip David appointeddirector
- 2011-12-21➖ROBERTS, Neal Anthony resignedsecretary
- 2011-12-21➕ALI, Mansoor Anwar appointeddirector
- 2011-12-21➖DUCKETT, Stephen Patrick resigneddirector
- 2011-12-21➖ROBERTS, Neal Anthony resigneddirector
- 2011-03-01➖LEUW, Martin Philip resigneddirector
- 2010-12-08➖VELUSSI, Luca resigneddirector
- 2009-11-15➕DUCKETT, Stephen Patrick appointeddirector
- 2009-10-19➕LEUW, Martin Philip appointeddirector
- 2009-09-09🔒Charge registered #1Lender: Citibank, N.A. as Security Trustee
- 2009-08-13🏢Company incorporatedAs IRIS LENDING LIMITED
- 2009-08-13➕ROBERTS, Neal Anthony appointedsecretary
- 2009-08-13➕ROBERTS, Neal Anthony appointeddirector
- 2009-08-13➕VELUSSI, Luca 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.
- +Senior director age: Director aged approximately 61 — 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 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 17 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2017-07-18
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2017-07-18: gazette-dissolved-liquidation; 2017-04-18: liquidation-voluntary-members-return-of-final-meeting
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Available from the Pro tier upwards.
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9 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 (0 active · 9 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Citibank, N.A. as Security Trustee | Debenture | 1 property | 09/09/2009 | 25/01/2012 |