AG NEWCO LIMITED
Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
5 live charges · 5 lenders · oldest 10.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 |
|---|---|
| Total assets | £2.84M |
| Net assets | £2.84M |
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 officers
- • 1 officers
- • 1 officers
- • 1 confirmation-statement
Corporate timeline (41 events)Click to expand
- 2026-06-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-22🔓Charge satisfied #5
- 2025-11-28📄accounts-with-accounts-type-smallaccounts · AA
- 2025-07-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-30➖GENTILE, Andrew Richard resigneddirector
- 2025-06-30➖WHITE, Garry William Mark resigneddirector
- 2025-06-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-18🔓Charge satisfied #4
- 2025-06-18🔓Charge satisfied #3
- 2025-06-12🔒Charge registered #5Lender: Glas Trust Corporation Limited (As Security Agent)
- 2025-04-25📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-01-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-09🔒Charge registered #4Lender: Hsbc UK Bank PLC as Security Agent
- 2024-05-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-21🔒Charge registered #3Lender: Hsbc UK Bank PLC (As Security Agent)
- 2024-05-08📄accounts-with-accounts-type-groupaccounts · AA
- 2024-04-06📄memorandum-articlesincorporation · MA
- 2024-04-06📄resolutionresolution · RESOLUTIONS
- 2024-04-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-27➕BEVAN, Liam Christopher appointeddirector
- 2024-03-27➕CREWE, Alexander appointeddirector
- 2024-03-27➕NELSON, Jane appointeddirector
- 2023-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-23🔓Charge satisfied #1
- 2021-06-18🔓Charge satisfied #2
- 2016-03-01🔒Charge registered #2Lender: Finance Wales Investments (8) LTD
- 2016-03-01🔒Charge registered #1Lender: Nigel Lewis, Peter Lewis, Anthony Lewis, Jayne Payne
- 2016-01-11🏢Company incorporatedAs AG NEWCO LIMITED
- 2016-01-11➕GOOCH, Andrew John appointeddirector
- 2016-01-11➕GENTILE, Andrew Richard appointeddirector
- 2016-01-11➕WHITE, Garry William Mark appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GENTILE, Andrew Richard resigned 2025-06-30; WHITE, Garry William Mark resigned 2025-06-30
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Cardo Group 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 |
|---|---|---|---|---|
Cardo Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/03/2024 |
3 historic (ceased) PSCs
- Mr Andrew Richard Gentileceased 27/03/2024· 25-50% shares · 25-50% voting
- Mr Andrew John Goochceased 27/03/2024· 25-50% shares · 25-50% voting
- Mr Garry William Mark Whiteceased 27/03/2024· 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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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 (4 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 12/06/2025 | 22/12/2025 | |
| satisfied | HSBC Hsbc UK Bank PLC as Security Agent | A registered charge | — | 09/01/2025 | 18/06/2025 | |
| satisfied | HSBC Hsbc UK Bank PLC (As Security Agent) | A registered charge | — | 21/05/2024 | 18/06/2025 | |
| satisfied | Finance Wales Investments (8) Finance Wales Investments (8) LTD | A registered charge | — | 01/03/2016 | 18/06/2021 | |
| satisfied | Nigel Lewis, Peter Lewis, Anthony Lewis, Jayne Payne | A registered charge | — | 01/03/2016 | 23/05/2022 |