HARTSFIELD TRUSTEE SERVICES LIMITED

🌳Matureactive
07118899 · ltd · incorporated 2010-01-07
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
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Turnover
year to Dec 2024
Net worth
£-139.6k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other activities auxiliary to insurance and pension funding
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -47% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 10.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £139,625
Cash draining
Cash down 47% YoY
Cash YoY
-47%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£642
↓ 47% YoY
Net Worth
-£140k
↓ 23% YoY
Current Assets
£151k
↑ 35% YoY
Current Liabilities
-£140k-£81k-£23k£35k£93k£151kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-292023-12-29
Total assets£-43.5k£-86.8k
Current assets£151.1k£111.8k
Cash£642£1.2k
Debtors£150.4k£110.5k
Net assets£-139.6k£-113.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-14
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2025-01-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-01-05
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2022-05-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-05-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-04-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-04-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2015-09-29
    🔒
    Charge registered #2
    Lender: Joy Diane West as Trustee of Hartsfield Directors Pension Scheme
  19. 2015-09-29
    🔒
    Charge registered #1
    Lender: Joy Diane West as Trustee of Hartsfield Directors Pension Scheme
  20. 2014-12-31
    VERWOERT, Adrian Thomas resigned
    secretary
  21. 2010-11-01
    WEST, Joy Diane appointed
    director
  22. 2010-01-07
    🏢
    Company incorporated
    As HARTSFIELD TRUSTEE SERVICES LIMITED
  23. 2010-01-07
    VERWOERT, Paul Anthony appointed
    director
  24. 2010-01-07
    VERWOERT, Adrian Thomas appointed
    secretary

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

89/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Anthony Verwoert
Individual · British · DOB 03/1976 · age 50
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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
Incorporated2010-01-07
Jurisdictionengland-wales
Primary SIC66290 — Other activities auxiliary to insurance and pension funding

Registered office

The Coach House Box House
Bath Road
Box
Wiltshire
SN13 8AA
England

Filing status

Accounts
Next due: 2026-09-29
Last made up to: 2024-12-29
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (2 active · 1 resigned)

VERWOERT, Paul Anthony
director · ~50y · appointed 2010-01-07
View their other companies + combined net worth →
Active
WEST, Joy Diane
director · ~71y · appointed 2010-11-01
View their other companies + combined net worth →
Active
VERWOERT, Adrian Thomas
secretary · appointed 2010-01-07 · resigned 2014-12-31
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Joy Diane West as Trustee of Hartsfield Directors Pension Scheme / Paul Anthony Verwoert as Trustee of Hartsfield Directors Pension Scheme
A registered charge29/09/2015
outstanding
Joy Diane West as Trustee of Hartsfield Directors Pension Scheme / Paul Anthony Verwoert as Trustee of Hartsfield Directors Pension Scheme
A registered charge1 property29/09/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-20
change-sail-address-company-with-old-address-new-address
address · AD02
2025-01-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-12
change-person-director-company-with-change-date
officers · CH01
2025-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
change-account-reference-date-company-previous-extended
accounts · AA01
2023-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-03
change-person-director-company-with-change-date
officers · CH01
2022-05-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-03
change-person-director-company-with-change-date
officers · CH01
2022-05-03