TURNSTONE BIDCO 1 LIMITED
🌳Matureactive
07496765 · ltd · incorporated 2011-01-18
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 6 lenders · oldest 15.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 15.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
21 officers (4 active, 21 linked, 16 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
23 connected companies via shared directors
90
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (72 events)Click to expand
- 2026-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-23🔓Charge satisfied #7
- 2025-10-23🔓Charge satisfied #5
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09🔓Charge satisfied #6
- 2025-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-03📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-10📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-30🔒Charge registered #7Lender: Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
- 2023-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-17🔒Charge registered #6Lender: Santander UK PLC
- 2023-01-10📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-02➕STORAH, Richard appointeddirector
- 2022-03-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-04🔓Charge satisfied #4
- 2022-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-08-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-16🔒Charge registered #5Lender: Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
- 2021-05-05📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-11-27➕PANDYA, Nilesh Kundanlal appointeddirector
- 2020-03-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-03-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-01-31➕ROSEBY, Stephen appointedsecretary
- 2020-01-31➖CARROLL, Leo Damian resignedsecretary
- 2019-04-05➖SHAFI KHAN, Mohammed Omar resigneddirector
- 2018-10-24➖BONNAVION, Jean Michel Claude resigneddirector
- 2018-10-24➖ELSON, Louis Goodman resigneddirector
- 2018-10-19➖BURGESS, Andrew Richard resigneddirector
- 2018-10-19➖JAYARAMAN, Karthic resigneddirector
- 2017-10-16➕SHAFI KHAN, Mohammed Omar appointeddirector
- 2017-07-31➕CARROLL, Leo Damian appointedsecretary
- 2017-07-31➖ROBSON, William Henry Mark resignedsecretary
- 2017-07-31➖ROBSON, William Henry Mark resigneddirector
- 2017-05-08➕RIALL, Tom appointeddirector
- 2017-03-31➖SCICLUNA, Terence Joseph resigneddirector
- 2016-10-03➕BURGESS, Andrew Richard appointeddirector
- 2016-10-03➕JAYARAMAN, Karthic appointeddirector
- 2016-10-03➖KUMP, Eric John resigneddirector
- 2016-10-03➖PINDAR, Paul resigneddirector
- 2016-10-03➖STIRLING, Alexis George resigneddirector
- 2016-08-18🔓Charge satisfied #3
- 2016-08-05🔒Charge registered #4Lender: U.S. Bank Trustees Limited
- 2014-10-31➖MCDONALD, Elizabeth resignedsecretary
- 2014-10-31➕ROBSON, William Henry Mark appointedsecretary
Showing most recent 50 of 72 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️
Turnstone Equityco 1 Limited
Corporate parent · board control
🏛️ultimate parent
Turnstone Midco 2 Limited
Corporate parent · holds 75-100% shares · board control
⬇
TURNSTONE BIDCO 1 LIMITED
This company · 07496765
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Turnstone Midco 2 Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
Turnstone Equityco 1 Limited Corporate entity | — | — | board controlboard control | 06/04/2016 |
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 →Similar companies
Active · Holding company · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADAMS-EDWARDS PROPERTY SOLUTIONS LIMITED→ 13126741 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVG HOLDINGS LIMITED→ 14689113 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AGECROFT LEGAL SERVICES LIMITED→ 11826227 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AGECROFT MASHA LIMITED→ 13917234 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AGL FLEETWOOD 3 LIMITED→ 12660015 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGUDA NORTH WEST→ 05407721 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| AGUMA INDUSTRIES LIMITED→ 16741778 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHAM HOLDINGS LTD→ 15669635 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AID4 ALL UKRAINE LIMITED→ 12132178 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AIDECREST PROPERTY HOLDINGS LTD→ 16161811 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AIKMO CARE (HOLDINGS) LTD→ 16866937 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIKMO GROUP LIMITED→ 16366908 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2011-01-18
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Europa House Europa Trading Estate
Stoneclough Road, Kearsley
Manchester
M26 1GG
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30
Officers (4 active · 17 resigned)
Active
PANDYA, Nilesh Kundanlal→
Activedirector · ~55y · appointed 2020-11-27
View their other companies + combined net worth →
Active
STORAH, Richard→
Activedirector · ~49y · appointed 2022-09-02
View their other companies + combined net worth →
CARROLL, Leo Damian→
Resignedsecretary · appointed 2017-07-31 · resigned 2020-01-31
MCDONALD, Elizabeth→
Resignedsecretary · appointed 2012-11-12 · resigned 2014-10-31
ROBSON, William Henry Mark→
Resignedsecretary · appointed 2014-10-31 · resigned 2017-07-31
HACKWOOD SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2011-01-18 · resigned 2011-01-18
BONNAVION, Jean Michel Claude→
Resigneddirector · ~55y · appointed 2011-05-11 · resigned 2018-10-24
BURGESS, Andrew Richard→
Resigneddirector · ~62y · appointed 2016-10-03 · resigned 2018-10-19
ELSON, Louis Goodman→
Resigneddirector · ~64y · appointed 2014-01-09 · resigned 2018-10-24
HEATHCOTE, Jonathan Lister→
Resigneddirector · ~65y · appointed 2011-05-11 · resigned 2013-11-26
JAYARAMAN, Karthic→
Resigneddirector · ~51y · appointed 2016-10-03 · resigned 2018-10-19
KUMP, Eric John→
Resigneddirector · ~56y · appointed 2011-01-18 · resigned 2016-10-03
NEWCOMBE, Paul Alan→
Resigneddirector · ~61y · appointed 2011-01-18 · resigned 2011-01-18
PINDAR, Paul→
Resigneddirector · ~67y · appointed 2012-07-02 · resigned 2016-10-03
ROBSON, William Henry Mark→
Resigneddirector · ~63y · appointed 2012-07-02 · resigned 2017-07-31
SCICLUNA, Terence Joseph→
Resigneddirector · ~69y · appointed 2013-11-29 · resigned 2017-03-31
SHAFI KHAN, Mohammed Omar→
Resigneddirector · ~52y · appointed 2017-10-16 · resigned 2019-04-05
SMITH, Richard Charles→
Resigneddirector · ~69y · appointed 2012-07-02 · resigned 2013-11-30
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ares Management (As Security Trustee for the Secured Parties (as Defined in the Instrument)) Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument)) | A registered charge | — | 30/03/2023 | 23/10/2025 | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 17/03/2023 | 09/07/2025 | |
| satisfied | Ares Management (As Security Trustee for the Secured Parties (as Defined in the Instrument)) Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument)) | A registered charge | — | 16/08/2021 | 23/10/2025 | |
| satisfied | U.S. Bank Trustees U.S. Bank Trustees Limited | A registered charge | — | 05/08/2016 | 04/03/2022 | |
| satisfied | U.S.Bank Trustees (The "Security Agent") U.S.Bank Trustees Limited (The "Security Agent") | A registered charge | 1 property | 30/05/2013 | 18/08/2016 | |
| satisfied | Ing Bank N.V., London Branch | Fixed and floating security document | 1 property | 10/05/2011 | 30/05/2013 | |
| satisfied | Ing Ban N.V., London Branch (As Security Agent) | A fixed and floating security document | 1 property | 28/01/2011 | 09/06/2011 |
Recent filings (102 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-full
accounts · AA
2026-01-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
change-person-director-company-with-change-date
officers · CH01
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-full
accounts · AA
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-full
accounts · AA
2024-01-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-19
accounts-with-accounts-type-full
accounts · AA
2023-01-10
appoint-person-director-company-with-name-date
officers · AP01
2022-11-02