AUTOSOUND (HOLDINGS) LTD
Opportunity 75/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 10.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
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.
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 | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 capital
- • 1 capital
- • 1 confirmation-statement
- • 2 mortgage
- • 1 capital
- • 1 confirmation-statement
Corporate timeline (36 events)Click to expand
- 2026-07-15📄capital-return-purchase-own-sharescapital · SH03
- 2026-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-01🔒Charge registered #5Lender: Barclays Security Trustee Limited
- 2026-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-12🔒Charge registered #4Lender: Barclays Security Trustee Limited
- 2025-12-03📄capital-return-purchase-own-sharescapital · SH03
- 2025-04-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-05📄resolutionresolution · RESOLUTIONS
- 2025-02-05📄memorandum-articlesincorporation · MA
- 2025-02-05📄capital-name-of-class-of-sharescapital · SH08
- 2025-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-05📄capital-return-purchase-own-sharescapital · SH03
- 2024-12-02📄capital-cancellation-sharescapital · SH06
- 2024-11-28➕FERGUS, Lisa Jane appointeddirector
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-03➖ELLIS, Keith resignedsecretary
- 2024-10-03➖ELLIS, Deborah Jane resigneddirector
- 2024-10-03➖ELLIS, Keith resigneddirector
- 2024-10-03🔒Charge registered #3Lender: Praetura Commercial Finance Limited
- 2024-10-03🔒Charge registered #2Lender: Praetura Commercial Finance Limited
- 2021-05-25➕ELLIS, Deborah Jane appointeddirector
- 2016-05-25🔓Charge satisfied #1
- 2016-01-14🔒Charge registered #1Lender: Barclays Bank PLC
- 2015-08-06🏢Company incorporatedAs AUTOSOUND (HOLDINGS) LTD
- 2015-08-06➕FERGUS, Lee David appointeddirector
- 2015-08-06➕ELLIS, Keith appointedsecretary
- 2015-08-06➕ELLIS, Keith 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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.
- 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 Lee David Fergus Individual · British · DOB 01/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/10/2024 |
3 historic (ceased) PSCs
- Mrs Deborah Jane Ellisceased 03/10/2024· 25-50% shares · 25-50% voting · board control
- Mr Keith Ellisceased 03/10/2024· 25-50% shares · 25-50% voting · board control
- Mr Lee David Fergusceased 23/07/2019· 25-50% shares · 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.
See pricing →Similar companies
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8 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 · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 12/02/2026 | — | |
| outstanding | Praetura Commercial Finance Praetura Commercial Finance Limited | A registered charge | 3 properties | 03/10/2024 | — | |
| outstanding | Praetura Commercial Finance Praetura Commercial Finance Limited | A registered charge | 7 properties | 03/10/2024 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 14/01/2016 | 25/05/2016 |