REEVE (LINCOLN) LIMITED
Opportunity 60/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 61). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 11.0y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-06-30 | 2022-06-30 |
|---|---|---|
| Total assets | £100 | £100 |
| Current assets | £100 | £100 |
| Net assets | £100 | £100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (42 events)Click to expand
- 2024-10-08📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2024-10-08🏁Company dissolved
- 2024-07-23📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-07-11📄dissolution-application-strike-off-companydissolution · DS01
- 2023-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-01➖LEWIS, David resigneddirector
- 2021-04-14📄accounts-with-accounts-type-fullaccounts · AA
- 2020-07-08📄accounts-with-accounts-type-fullaccounts · AA
- 2019-08-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-16🔓Charge satisfied #3
- 2019-08-16🔓Charge satisfied #2
- 2019-08-16🔓Charge satisfied #1
- 2019-05-01📄accounts-with-accounts-type-fullaccounts · AA
- 2018-07-24📄auditors-resignation-companyauditors · AUD
- 2018-07-11📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2018-07-11📄capital-name-of-class-of-sharescapital · SH08
- 2018-04-17➖MOTORS SECRETARIES LIMITED resignedcorporate-secretary
- 2018-04-17➖MOTORS DIRECTORS LIMITED resignedcorporate-director
- 2018-04-17➖MOTORS SECRETARIES LIMITED resignedcorporate-director
- 2017-12-19➖REEVE, Trevor John resigneddirector
- 2017-11-15➕LEWIS, David appointeddirector
- 2017-11-15➖OAKES, Ian Thomas resigneddirector
- 2017-10-24➕TRUSCOTT, Robert Gordon appointeddirector
- 2017-08-15➕MOTORS SECRETARIES LIMITED appointedcorporate-director
- 2017-08-14➕WELCH, Andrew Barrie appointeddirector
- 2017-08-14➕OAKES, Ian Thomas appointeddirector
- 2015-08-07🔒Charge registered #3Lender: Gmac UK PLC
- 2015-08-03🔒Charge registered #2Lender: General Motors UK Limited
- 2015-08-03🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2015-06-11➕REEVE, Trevor John appointeddirector
- 2015-06-11➖SORENSEN, Paul Antony resigneddirector
- 2015-01-13🏢Company incorporatedAs REEVE (LINCOLN) LIMITED
- 2015-01-13➕MOTORS SECRETARIES LIMITED appointedcorporate-secretary
- 2015-01-13➕SORENSEN, Paul Antony appointeddirector
- 2015-01-13➕MOTORS DIRECTORS LIMITED appointedcorporate-director
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 61 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-10-08
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Pentagon Motor Holdings 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 |
|---|---|---|---|---|
Pentagon Motor Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Vauxhall Motors Limitedceased 17/04/2018· significant influence
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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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 (0 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Gmac UK Gmac UK PLC | A registered charge | — | 07/08/2015 | 16/08/2019 | |
| satisfied | General Motors UK General Motors UK Limited | A registered charge | — | 03/08/2015 | 16/08/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 03/08/2015 | 16/08/2019 |