CIRRUS TRUSTEES LIMITED
🌳Matureactive
07980608 · ltd · incorporated 2012-03-07
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
69/100
Strong
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
17 live charges · 3 lenders · oldest 14.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
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 (59 events)Click to expand
- 2026-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-10-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-06🔓Charge satisfied #13
- 2025-02-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-10🔓Charge satisfied #9
- 2025-02-10🔓Charge satisfied #8
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07🔓Charge satisfied #17
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-30🔒Charge registered #17Lender: Handelsbanken PLC
- 2024-10-30🔒Charge registered #16Lender: Handelsbanken PLC
- 2024-10-30🔒Charge registered #15Lender: Handelsbanken PLC
- 2024-10-30🔒Charge registered #14Lender: Handelsbanken PLC
- 2024-10-30🔒Charge registered #13Lender: Handelsbanken PLC
- 2024-10-30🔒Charge registered #12Lender: Handelsbanken PLC
- 2024-10-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14🔓Charge satisfied #11
- 2024-10-14🔓Charge satisfied #10
- 2024-10-14🔓Charge satisfied #7
- 2024-10-14🔓Charge satisfied #6
- 2024-10-14🔓Charge satisfied #5
- 2024-10-14🔓Charge satisfied #4
- 2024-10-14🔓Charge satisfied #3
- 2024-10-14🔓Charge satisfied #2
- 2024-02-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-31➖BARNES, Terence Martin resigneddirector
- 2017-06-29🔒Charge registered #11Lender: Svenska Handelsbanken Ab (Publ)
- 2017-05-15➕BUDGE, Graham Roddy appointeddirector
- 2017-05-15➕BARNES, Terence Martin appointeddirector
- 2017-05-11➖BUCKLE, David Martin resigneddirector
- 2017-04-22➕BUDGE, Iain Andrew appointeddirector
- 2016-11-22🔒Charge registered #10Lender: Svenska Handelsbanken Ab (Publ)
- 2015-11-24🔒Charge registered #9Lender: Svenska Handelsbanken Ab (Publ)
- 2015-04-02🔒Charge registered #8Lender: Svenska Handelsbanken Ab (Publ)
- 2013-03-21🔒Charge registered #7Lender: Svenska Handelsbanken Ab (Publ)
- 2013-03-21🔒Charge registered #6Lender: Svenska Handelsbanken Ab (Publ)
Showing most recent 50 of 59 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Da Budge Pension Trustees Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Da Budge Pension Trustees Limited
Corporate parent · holds 75-100% shares
⬇
CIRRUS TRUSTEES LIMITED
This company · 07980608
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 |
|---|---|---|---|---|
Da Budge Pension Trustees Limited Corporate entity | 75–100% | — | 75-100% shares | 22/04/2017 |
1 historic (ceased) PSC
- Mr David Martin Buckleceased 22/04/2017· significant influence
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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|---|---|---|---|---|---|---|---|
| ASSURED FINANCIAL PLANNING LIMITED→ 10188728 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLACK KETTLE INTERNATIONAL LIMITED→ 03740597 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| CALAMARI 2025 LTD→ 16560088 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAPAX SECURITY LIMITED→ 16939838 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CAPTURE BUSINESS FINANCE LTD→ 15575872 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CHESHIRE MIDCO LTD→ 15682246 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CLAREMONT HOUSE WEALTH MANAGEMENT LTD→ 16462718 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLICK 4 CURRENCY LIMITED→ 07165567 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| CMA INVESTMENTS LTD→ 12205216 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COMPARE DRAWDOWN LTD→ 08939039 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| COMPASS BROKER NETWORKS LIMITED→ 10118181 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| COMPLETE MORTGAGES (HARROGATE) LTD→ 12424028 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2012-03-07
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
103-105 Station Parade
Harrogate
North Yorkshire
HG1 1HB
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-21
Last: 2026-03-07
Officers (2 active · 3 resigned)
BUDGE, Graham Roddy→
Activedirector · ~54y · appointed 2017-05-15
View their other companies + combined net worth →
BUDGE, Iain Andrew→
Activedirector · ~56y · appointed 2017-04-22
View their other companies + combined net worth →
BARNES, Terence Martin→
Resigneddirector · ~71y · appointed 2017-05-15 · resigned 2022-08-31
BUCKLE, David Martin→
Resigneddirector · ~81y · appointed 2012-03-07 · resigned 2017-05-11
ROLLS, Linda Janet→
Resigneddirector · ~62y · appointed 2012-03-07 · resigned 2012-03-31
Click a director name to see their full track record across all companies.
Mortgages & charges
17
Total charges
5
Outstanding
2
Active lenders
Status:Lender:17 of 17 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 30/10/2024 | 07/02/2025 | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 30/10/2024 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 30/10/2024 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 30/10/2024 | — | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 30/10/2024 | 06/10/2025 | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 30/10/2024 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 29/06/2017 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 22/11/2016 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 24/11/2015 | 10/02/2025 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 02/04/2015 | 10/02/2025 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of legal charge | 1 property | 21/03/2013 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of legal charge | 1 property | 21/03/2013 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal charge | 2 properties | 21/03/2013 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal charge | 1 property | 21/03/2013 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal charge | 1 property | 21/03/2013 | 14/10/2024 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of legal charge | 2 properties | 21/03/2013 | 14/10/2024 | |
| outstanding | Santander Santander UK PLC | Legal charge | 2 properties | 05/04/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
accounts-with-accounts-type-dormant
accounts · AA
2026-01-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-14