ADVOCATE ASSOCIATE CONSULTANTS LIMITED
Opportunity 72/100 (strong), bankability 67/100. 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: distressed disposal / insolvency (65/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 14.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.1 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: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-311.7k | £-151.2k |
| Current assets | £1.07M | £860.1k |
| Cash | £15.6k | £2.6k |
| Debtors | £1.06M | £857.5k |
| Net assets | £-311.7k | £-151.2k |
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
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (26 events)Click to expand
- 2026-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-25🔓Charge satisfied #2
- 2024-06-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-14🔒Charge registered #4Lender: Skipton Business Finance Limited
- 2023-07-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-06-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-14📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-05-14📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2014-06-05🔓Charge satisfied #1
- 2014-03-26🔓Charge satisfied #3
- 2014-02-12🔒Charge registered #2Lender: Sme Invoice Finance Limited
- 2014-02-11🔒Charge registered #3Lender: Sme Invoice Finance Limited
- 2012-04-19🔒Charge registered #1Lender: Aldermore Invoice Finance, a Division of Aldermore Bank PLC
- 2012-04-01➕DICKENSON, Christopher appointeddirector
- 2012-01-16🏢Company incorporatedAs ADVOCATE ASSOCIATE CONSULTANTS LIMITED
- 2012-01-16➕WALSH, Glen Lee appointedsecretary
- 2012-01-16➕WALSH, Glen Lee appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Dickenson Individual · British · DOB 06/1982 · age 44 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 01/04/2017 |
1 historic (ceased) PSC
- Mr Glen Lee Walshceased 20/02/2026· 25-50% shares · 25-50% voting · board control
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.
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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 (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Skipton Business Finance Skipton Business Finance Limited | A registered charge | 1 property | 14/06/2024 | — | |
| satisfied | Sme Invoice Finance Sme Invoice Finance Limited | A registered charge | 2 properties | 12/02/2014 | 25/06/2024 | |
| satisfied | Sme Invoice Finance Sme Invoice Finance Limited | A registered charge | 2 properties | 11/02/2014 | 26/03/2014 | |
| satisfied | Aldermore Aldermore Invoice Finance, a Division of Aldermore Bank PLC | Debenture | 1 property | 19/04/2012 | 05/06/2014 |