18PP LIMITED
- · Oldest live charge 9.9y old — refinance window within 12 months
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 9.9y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 9.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (25 events)Click to expand
- 2025-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-03-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-21📄change-corporate-director-company-with-change-dateofficers · CH02
- 2022-06-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-07-21🔓Charge satisfied #1
- 2021-07-20🔒Charge registered #2Lender: Coutts & Company (Company No. 36695)
- 2021-06-03📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-07-20🔒Charge registered #1Lender: Credit Suisse (UK) Limited
- 2011-12-15🏢Company incorporatedAs 18PP LIMITED
- 2011-12-15➕KERMAN, Anthony David appointeddirector
- 2011-12-15➕MILFORD DIRECTORS LIMITED appointedcorporate-director
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 "LIMITED" — strong identity link between founder and business.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 81 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 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Milnom 1003 is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Milnom 1003 Corporate entity | 75–100% | — | 75-100% shares | 21/03/2025 |
2 historic (ceased) PSCs
- Mr Daniel Gerard O'Connellceased 21/03/2025· 25-50% shares · 25-50% voting
- Mr Anthony David Kermanceased 21/03/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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| 119A3MS LIMITED→ 07621901 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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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 →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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Coutts & Company (Company No. 36695) | A registered charge | 1 property | 20/07/2021 | — | |
| satisfied | Credit Suisse (UK) Credit Suisse (UK) Limited | A registered charge | 1 property | 20/07/2016 | 21/07/2021 |