PROJECT MOBILE DEVELOPMENTS LTD
Opportunity 76/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
6 live charges · 4 lenders · oldest 13.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 |
|---|---|---|
| Total assets | £1.19M | £1.19M |
| Current assets | £9.5k | £18.4k |
| Cash | £8.9k | £16.8k |
| Debtors | £542 | £1.6k |
| Net assets | £82.0k | £76.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 signals 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 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-20🔒Charge registered #6Lender: Fleet Mortgages Limited
- 2022-12-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-10-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-10-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-09-17🔒Charge registered #5Lender: Onesavings Bank PLC
- 2017-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-13🔓Charge satisfied #1
- 2017-03-24🔒Charge registered #4Lender: Onesavings Bank PLC Trading as Kent Reliance
- 2016-11-28🔒Charge registered #3Lender: Aldermore Bank PLC
- 2016-11-28🔒Charge registered #2Lender: Aldermore Bank PLC
- 2013-07-05🔒Charge registered #1Lender: Onesavings Bank PLC
- 2013-05-16➕BAGGULEY, Lucy Charlotte appointeddirector
- 2013-02-22🏢Company incorporatedAs PROJECT MOBILE DEVELOPMENTS LTD
- 2013-02-22➕BAGGULEY, Andrew Graham appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Project Mobile Limited 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 |
|---|---|---|---|---|
Project Mobile Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 14/10/2022 |
1 historic (ceased) PSC
- Mr Andrew Graham Bagguleyceased 14/10/2022· 75-100% shares
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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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 | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 20/01/2023 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 17/09/2018 | — | |
| outstanding | Kent Reliance / OSB Onesavings Bank PLC Trading as Kent Reliance | A registered charge | 1 property | 24/03/2017 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 7 properties | 28/11/2016 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 28/11/2016 | — | |
| satisfied | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 05/07/2013 | 13/04/2017 |