MEDICAL & GENERAL INDEPENDENT FINANCIAL ADVISERS LTD

💤Zombieactive
08970384 · ltd · incorporated 2014-04-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.6y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.6 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-30
Average employees1400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 resolution
  • 1 incorporation
Last 180 days
6
filings
  • 1 resolution
  • 1 incorporation
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-05-03
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2026-05-03
    📄
    memorandum-articles
    incorporation · MA
  3. 2026-04-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-04-16
    🔓
    Charge satisfied #1
  5. 2026-04-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2026-04-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2026-04-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2026-04-02
    HARMS, Helen Elizabeth resigned
    secretary
  9. 2025-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-05-13
    📄
    memorandum-articles
    incorporation · MA
  11. 2025-05-13
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-12-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2023-12-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-12-15
    🔒
    Charge registered #1
    Lender: Vertus Capital SPV1 Limited
  17. 2023-11-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2023-10-24
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2021-10-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2020-11-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2020-08-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2017-04-06
    HARMS, Helen Elizabeth appointed
    secretary
  24. 2014-11-24
    HARMS, Helen Elizabeth resigned
    director
  25. 2014-04-01
    🏢
    Company incorporated
    As MEDICAL & GENERAL INDEPENDENT FINANCIAL ADVISERS LTD
  26. 2014-04-01
    HARMS, Michael David appointed
    director
  27. 2014-04-01
    HARMS, Helen Elizabeth appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Greenways Wealth Management Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Greenways Wealth Management Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MEDICAL & GENERAL INDEPENDENT FINANCIAL ADVISERS LTD
This company · 08970384

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%
NameSharesVoting rightsNature of controlNotified
Greenways Wealth Management Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/10/2023
1 historic (ceased) PSC
  • Mr Michael David Harmsceased 12/10/2023· 75-100% shares · 75-100% voting

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2014-04-01
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

6th Floor 3 Valentine Place
London
SE1 8QH
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06

Officers (1 active · 2 resigned)

HARMS, Michael David
director · ~46y · appointed 2014-04-01
View their other companies + combined net worth →
Active
HARMS, Helen Elizabeth
secretary · appointed 2017-04-06 · resigned 2026-04-02
Resigned
HARMS, Helen Elizabeth
director · ~49y · appointed 2014-04-01 · resigned 2014-11-24
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Vertus Capital SPV1
Vertus Capital SPV1 Limited
A registered charge15/12/202316/04/2026

Recent filings (41 total)

resolution
resolution · RESOLUTIONS
2026-05-03
memorandum-articles
incorporation · MA
2026-05-03
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-16
change-account-reference-date-company-current-extended
accounts · AA01
2026-04-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-15
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-26
memorandum-articles
incorporation · MA
2025-05-13
resolution
resolution · RESOLUTIONS
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-18