CITYNET LONDON HOLDINGS LTD
🌳Matureactive
08218863 · ltd · incorporated 2012-09-18
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
72/100
Strong
What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 13.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
23 connected companies via shared directors
90
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
7
filings
- • 3 capital
- • 1 mortgage
- • 1 insolvency
Last 180 days
7
filings
- • 3 capital
- • 1 mortgage
- • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2026-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-08🔓Charge satisfied #5
- 2026-05-29📄legacycapital · SH20
- 2026-05-29📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2026-05-29⚠️legacyinsolvency · CAP-SS
- 2026-05-29📄resolutionresolution · RESOLUTIONS
- 2026-05-26📄capital-allotment-sharescapital · SH01
- 2025-09-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-09-10📄legacyaccounts · PARENT_ACC
- 2025-09-10📄legacyother · AGREEMENT2
- 2025-09-10📄legacyother · GUARANTEE2
- 2025-07-03📄capital-allotment-sharescapital · SH01
- 2024-11-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-16📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-08-09📄legacyaccounts · PARENT_ACC
- 2024-08-09📄legacyother · GUARANTEE2
- 2024-08-09📄legacyother · AGREEMENT2
- 2024-08-07📄resolutionresolution · RESOLUTIONS
- 2024-08-05📄resolutionresolution · RESOLUTIONS
- 2024-07-29📄capital-name-of-class-of-sharescapital · SH08
- 2024-07-29📄capital-name-of-class-of-sharescapital · SH08
- 2024-06-21➖MCMANUS, Brendan James resigneddirector
- 2022-05-23➖SCOTT, Richard John resigneddirector
- 2022-03-16🔓Charge satisfied #4
- 2022-03-16🔓Charge satisfied #3
- 2022-02-28🔒Charge registered #5Lender: Lucid Trustee Services Limited as Security Agent
- 2020-12-17🔒Charge registered #4Lender: Midcap Financial (Ireland) Limited
- 2019-11-07➖WALLAND, David resigneddirector
- 2019-06-11🔓Charge satisfied #2
- 2019-05-22🔒Charge registered #3Lender: Midcap Financial (Ireland) Limited Acting as Security Agent (and Its Successors in Title and Transferees)
- 2018-02-26🔒Charge registered #2Lender: Investec Bank PLC
- 2017-12-16➕BROWN, Ryan Christopher appointeddirector
- 2017-12-16➕COLOSSO, Adrian appointeddirector
- 2017-12-16➖WALLAND, David resignedsecretary
- 2017-12-16➕MCMANUS, Brendan James appointeddirector
- 2017-12-15➕WALSH, Andrew Mark appointeddirector
- 2017-12-05🔓Charge satisfied #1
- 2014-11-04➖KINSELLA, Gerard Thomas resigneddirector
- 2014-11-04➖PURVES, Anthony Martin resigneddirector
- 2012-11-22🔒Charge registered #1Lender: Barclays Bank PLC
- 2012-10-29➕KINSELLA, Gerard Thomas appointeddirector
- 2012-10-29➕PURVES, Anthony Martin appointeddirector
- 2012-10-29➕SCOTT, Richard John appointeddirector
- 2012-09-18🏢Company incorporatedAs CITYNET LONDON HOLDINGS LTD
- 2012-09-18➕WALLAND, David appointedsecretary
- 2012-09-18➕WALLAND, David appointeddirector
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 69 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-05-29: legacy
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
Pib Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Pib Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
CITYNET LONDON HOLDINGS LTD
This company · 08218863
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 |
|---|---|---|---|---|
Pib Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/12/2017 |
2 historic (ceased) PSCs
- Mr Richard John Scottceased 16/12/2017· 50-75% shares · 50-75% voting · significant influence
- Mr David Wallandceased 16/12/2017· 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
Active · Financial services · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CARRMICHAELS LIMITED→ 06373179 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CATHY GALE LIMITED→ 13225431 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CDN MORTGAGES LIMITED→ 11731791 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CF ESTATES (YORKSHIRE) LIMITED→ 12797891 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CHEQUES AND CHECKINS LTD→ 16887078 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CITYNET INSURANCE BROKERS LIMITED→ 03933031 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| CLEAR FINANCE AND INSURANCE LTD→ 10303342 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLEARWATER SECURITIES LIMITED→ 01798113 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| COATES & CO UK LIMITED→ 10813811 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| COMMERCIAL CAPITAL PARTNERS LTD→ 15940229 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COMMERCIAL FINANCE LTD.→ 06188873 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| COMMERCIALANDBRIDGING LIMITED→ 08225319 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2012-09-18
Jurisdictionengland-wales
Primary SIC65120 — Non-life insurance
Registered office
Rossington's Business Park
West Carr Road
Retford
Nottinghamshire
DN22 7SW
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30
Officers (3 active · 6 resigned)
BROWN, Ryan Christopher→
Activedirector · ~53y · appointed 2017-12-16
View their other companies + combined net worth →
COLOSSO, Adrian→
Activedirector · ~69y · appointed 2017-12-16
View their other companies + combined net worth →
WALSH, Andrew Mark→
Activedirector · ~47y · appointed 2017-12-15
View their other companies + combined net worth →
WALLAND, David→
Resignedsecretary · appointed 2012-09-18 · resigned 2017-12-16
KINSELLA, Gerard Thomas→
Resigneddirector · ~62y · appointed 2012-10-29 · resigned 2014-11-04
MCMANUS, Brendan James→
Resigneddirector · ~67y · appointed 2017-12-16 · resigned 2024-06-21
PURVES, Anthony Martin→
Resigneddirector · ~56y · appointed 2012-10-29 · resigned 2014-11-04
SCOTT, Richard John→
Resigneddirector · ~58y · appointed 2012-10-29 · resigned 2022-05-23
WALLAND, David→
Resigneddirector · ~58y · appointed 2012-09-18 · resigned 2019-11-07
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lucid Trustee Services as Security Agent Lucid Trustee Services Limited as Security Agent | A registered charge | 1 property | 28/02/2022 | 08/06/2026 | |
| satisfied | Midcap Financial (Ireland) Midcap Financial (Ireland) Limited | A registered charge | 1 property | 17/12/2020 | 16/03/2022 | |
| satisfied | Midcap Financial (Ireland) Acting as Security Agent (and Its Successors in Title and Transferees) Midcap Financial (Ireland) Limited Acting as Security Agent (and Its Successors in Title and Transferees) | A registered charge | — | 22/05/2019 | 16/03/2022 | |
| satisfied | Investec Bank Investec Bank PLC | A registered charge | 1 property | 26/02/2018 | 11/06/2019 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 22/11/2012 | 05/12/2017 |
Recent filings (114 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-08
legacy
capital · SH20
2026-05-29
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2026-05-29
legacy
insolvency · CAP-SS
2026-05-29
resolution
resolution · RESOLUTIONS
2026-05-29
capital-allotment-shares
capital · SH01
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-18
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-09-10
legacy
accounts · PARENT_ACC
2025-09-10
legacy
other · AGREEMENT2
2025-09-10
legacy
other · GUARANTEE2
2025-09-10
capital-allotment-shares
capital · SH01
2025-07-03
change-person-director-company-with-change-date
officers · CH01
2024-11-22
change-person-director-company-with-change-date
officers · CH01
2024-11-21