HARTSHORNE GROUP LIMITED

🌳Matureactive

07265608 · ltd · incorporated 2010-05-26

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

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Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 45190

Sector: Wholesale & retail

ALSO REGISTERED FOR

45200SIC 45200
45320Retail trade of motor vehicle parts and accessories

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 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 · 5 lenders · oldest 15.9y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 15.9 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (59/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

11 officers (5 active, 11 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

8 connected companies via shared directors

Filing history

77 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

• 1 persons-with-significant-control
• 1 confirmation-statement

Last 90 days

filings

• 2 officers
• 1 persons-with-significant-control
• 1 confirmation-statement

Last 180 days

filings

• 3 officers
• 1 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (45 events)Click to expand

2026-06-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-05
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-04-20
📄
legacy
miscellaneous · RP01PSC01
2026-04-20
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-11
📄
accounts-with-accounts-type-group
accounts · AA
2025-01-14
📄
change-person-director-company-with-change-date
officers · CH01
2024-08-17
📄
accounts-with-accounts-type-group
accounts · AA
2024-04-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-05
🔓
Charge satisfied #5
2024-04-05
🔓
Charge satisfied #3
2023-10-02
📄
accounts-with-accounts-type-group
accounts · AA
2022-10-10
📄
accounts-with-accounts-type-group
accounts · AA
2021-12-16
📄
accounts-with-accounts-type-group
accounts · AA
2021-05-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-02-01
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-02-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-01
🔓
Charge satisfied #4
2021-01-28
🔒
Charge registered #5
Lender: The Cronin Family Investment Company Limited (Crn: 10097338)
2020-12-18
📄
accounts-with-accounts-type-group
accounts · AA
2019-07-17
📄
accounts-with-accounts-type-group
accounts · AA
2019-06-01
➕
BULPITT, Jayne Michelle appointed
secretary
2019-06-01
➕
CROWLEY, David appointed
director
2019-06-01
➖
BROOKFIELD, Phillip David resigned
director
2019-06-01
➖
CRONIN, Brian resigned
director
2018-05-03
➖
FLETCHER, Andrew Richard resigned
secretary
2018-05-03
➖
FLETCHER, Andrew Richard resigned
director
2018-05-03
🔒
Charge registered #4
Lender: Andrew Richard Fletcher
2017-06-01
➕
BULPITT, Jayne Michelle appointed
director
2017-06-01
➕
COWEN, James Andrew appointed
director
2017-06-01
➕
BROOKFIELD, Phillip David appointed
director
2017-06-01
➕
CRONIN, Brian appointed
director
2014-01-22
🔓
Charge satisfied #1
2010-07-30
🔒
Charge registered #3
Lender: James Bryan Mason (The Trustee)
2010-07-30
🔒
Charge registered #2
Lender: Hsbc Bank PLC (The "Lender")
2010-07-30
🔒
Charge registered #1
Lender: Crossroads Group Limited
2010-07-23
➕
CRONIN, Martin James appointed
director
2010-07-23
➕
FLETCHER, Andrew Richard appointed
secretary
2010-07-23
➖
EMSLEY, Kevin Harry resigned
director
2010-07-23
➕
FLETCHER, Andrew Richard appointed
director
2010-07-23
➖
LUPFAW FORMATIONS LIMITED resigned
corporate-director
2010-05-26
🏢
Company incorporated
As HARTSHORNE GROUP LIMITED
2010-05-26
➕
EMSLEY, Kevin Harry appointed
director
2010-05-26
➕
LUPFAW FORMATIONS LIMITED appointed
corporate-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

63/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 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 ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Martin James Cronin Individual · British · DOB 04/1965 · age 61	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control · firm interest	01/10/2016

3 historic (ceased) PSCs

The Cronin Family Investment Company Limitedceased 08/03/2021· 75-100% shares · 75-100% voting · board control
Mr Andrew Richard Fletcherceased 02/05/2018· 25-50% shares · 25-50% voting · board control
Hartshorne Crossroads Group Limitedceased 01/10/2016· 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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A. MELBOURNE LTD→ 04031481 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
ACCESS FOBS LIMITED→ 13528265 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ACE STAR PARTS LTD→ 14999507 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACE TYRES WAKEFIELD LTD→ 13995414 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ADOO LTD→ 16593633 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADRIAN WEINER TRANSPORT LTD→ 09734022 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
ADWICK MOT AND CAR CARE CENTRE LIMITED→ 09466814 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
AFFORDABLE SMART REPAIR LTD→ 16677472 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AHC CAR SALES LTD→ 12128439 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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.

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Company details

Statusactive

Typeltd

Incorporated2010-05-26

Jurisdictionengland-wales

Primary SIC45190 — SIC 45190

Registered office

Crossroads Group Limited Pheasant Drive

Birstall

Batley

West Yorkshire

WF17 9LR

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-05-28

Last: 2026-05-14