GERRELL & HARD LIMITED
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 46). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 11.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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.
Key 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 900 | 900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2025-08-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-28🔒Charge registered #3Lender: 3R Finance LTD
- 2025-07-22➕HARD, Cherie appointedsecretary
- 2025-07-22➕PAYNE, Sophie appointedsecretary
- 2025-07-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-07-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-19🔓Charge satisfied #2
- 2023-07-19🔓Charge satisfied #1
- 2022-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-19📄resolutionresolution · RESOLUTIONS
- 2020-08-19📄memorandum-articlesincorporation · MA
- 2020-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-03-22🔒Charge registered #2Lender: Calverton Finance LTD
- 2014-11-17🔒Charge registered #1Lender: Sonovate Limited
- 2011-03-16➕GERRELL, Nicholas appointeddirector
- 2011-03-16➕HARD, Joel appointeddirector
- 2011-03-16➖CRESCENT HILL LIMITED resignedcorporate-secretary
- 2011-03-16➖MORRIS, Andrew William resigneddirector
- 2011-02-22🏢Company incorporatedAs GERRELL & HARD LIMITED
- 2011-02-22➕CRESCENT HILL LIMITED appointedcorporate-secretary
- 2011-02-22➕MORRIS, Andrew William 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 "GERRELL" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
4 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Sophie Payne Individual · British · DOB 06/1986 · age 40 | 25–50% | — | 25-50% shares | 12/04/2023 |
Mrs Cherie Hard Individual · British · DOB 01/1994 · age 32 | 25–50% | — | 25-50% shares | 08/02/2023 |
Mr Joel Christopher Hard Individual · British · DOB 04/1987 · age 39 | 25–50% | — | 25-50% shares | 01/02/2017 |
Mr Nicholas Paul Gerrell Individual · British · DOB 10/1980 · age 46 | 25–50% | — | 25-50% shares | 01/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (4 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | 3R Finance 3R Finance LTD | A registered charge | — | 28/08/2025 | — | |
| satisfied | Calverton Finance Calverton Finance LTD | A registered charge | 1 property | 22/03/2019 | 19/07/2023 | |
| satisfied | Sonovate Sonovate Limited | A registered charge | — | 17/11/2014 | 19/07/2023 |