MIDRIVE LIMITED
Opportunity 36/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Key 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 | 2019-03-31 | 2018-03-31 |
|---|---|---|
| Average employees | — | 1500 |
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
Corporate timeline (54 events)Click to expand
- 2025-10-21⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2025-05-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-03⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2023-09-23⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2022-09-01⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2021-09-29⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2020-12-07⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2020-12-07⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2020-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-27📄resolutionresolution · RESOLUTIONS
- 2020-08-27⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2019-11-27➖CURZON CORPORATE SECRETARIES LIMITED resignedcorporate-secretary
- 2019-11-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-04-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-04-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-04-02➖ISMAIL, Faizal Asher resigneddirector
- 2018-10-18➕CHAPPELL, Hugh appointeddirector
- 2018-10-18➕PARKER, Andrew Mark Metson appointeddirector
- 2018-10-18➖HAGGER, Simon Peter resigneddirector
- 2018-10-18➖NORRIS, David Conrad resigneddirector
- 2018-10-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-04📄resolutionresolution · RESOLUTIONS
- 2018-09-03📄capital-alter-shares-subdivisioncapital · SH02
- 2018-09-03📄capital-alter-shares-subdivisioncapital · SH02
- 2018-09-03📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2018-01-04➖PEOPLES, Alastair resigneddirector
- 2017-08-11➕RIO, Alvaro Alvarez Del appointeddirector
- 2017-08-11➖SHAMMAS, Shukri resigneddirector
- 2017-06-20➕CURZON CORPORATE SECRETARIES LIMITED appointedcorporate-secretary
- 2017-06-16➖DALY, Michael Gerard resignedsecretary
- 2017-05-18➕NORRIS, David Conrad appointeddirector
- 2017-03-31➖LAWRENCE, Stephen David resigneddirector
- 2017-01-23➕ISMAIL, Faizal Asher appointeddirector
- 2017-01-06➖TAYLOR, Scott resigneddirector
- 2016-12-23➕SHAMMAS, Shukri appointeddirector
- 2016-12-03➖BEARE, Catherine Mary resigneddirector
- 2016-12-03➕HAGGER, Simon Peter appointeddirector
- 2016-09-16➖MARSHALL, James Desmond resigneddirector
- 2015-12-10➕PEOPLES, Alastair appointeddirector
- 2014-09-19➕MARSHALL, James Desmond appointeddirector
- 2014-09-09➖BEARE, Catherine Mary resignedsecretary
- 2014-09-09➕DALY, Michael Gerard appointedsecretary
- 2014-09-09➕BEARE, Catherine Mary appointeddirector
- 2014-09-09➖HAGGER, Simon Peter resigneddirector
- 2014-09-09➕TAYLOR, Scott appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
Red flags
4 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2021-03-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2020-08-27
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-10-21: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2024-10-03: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
Group structure
Holiday Extras Investment Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Holiday Extras Investment Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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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12 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 (3 active · 13 resigned)
Click a director name to see their full track record across all companies.