AMPERSAND PARTNERS LTD
Opportunity 74/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -64% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
1 live charge · oldest 2.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · 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.
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 | £-156.8k | £208.6k |
| Current assets | £140.2k | £301.0k |
| Cash | £89.0k | £245.6k |
| Debtors | £51.2k | £55.4k |
| Net assets | £-169.3k | £-130.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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 address
- • 1 address
- • 1 confirmation-statement
- • 1 address
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (26 events)Click to expand
- 2026-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-25📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2025-04-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-29🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2023-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-08📄resolutionresolution · RESOLUTIONS
- 2022-06-06📄capital-name-of-class-of-sharescapital · SH08
- 2022-04-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-01➕SKINNER-PENDLETON, Nicole appointeddirector
- 2022-01-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-26📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-10➖WOODHOUSE, Jack Henry Lehmann resigneddirector
- 2013-03-22➕BOREL, Gregory Hubert appointeddirector
- 2013-03-21🏢Company incorporatedAs AMPERSAND PARTNERS LTD
- 2013-03-21➕BOREL, Gregory appointeddirector
- 2013-03-21➖BOREL, Gregory resigneddirector
- 2013-03-21➕WOODHOUSE, Jack Henry Lehmann 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 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gregory Hubert Borel Individual · British,French · DOB 04/1974 · age 52 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 01/07/2016 |
1 historic (ceased) PSC
- Mr Jack Henry Lehmann Woodhouseceased 10/10/2018· 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.
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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 (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/09/2023 | — |