CARTREF MORTGAGES LIMITED
💤Zombieactive
10387757 · ltd · incorporated 2016-09-21
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 Sept 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
ALSO REGISTERED FOR
- 65110Life insurance
- 65120Non-life insurance
- 66220Activities of insurance agents and brokers
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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
2 live charges · oldest 4.6y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 800 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 persons-with-significant-control
Last 90 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-06-10📄change-person-director-company-with-change-dateofficers · CH01
- 2026-06-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-07➕SELLERS, Sioned appointeddirector
- 2025-02-07➖SELLERS, Sioned resigneddirector
- 2025-02-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-12🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2021-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-16🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2021-09-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-23📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2021-09-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-21🏢Company incorporatedAs CARTREF MORTGAGES LIMITED
- 2016-09-21➕SELLERS, Rhodri Gwilym appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Rhodri Gwilym Sellers Individual · Welsh · DOB 11/1979 · age 47 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/09/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Financial services · LL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 5PLUS INT. TRADING LTD→ 10307417 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADAM JAMES FINANCIAL SOLUTIONS LIMITED→ 05418812 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ANGELS INVEST WALES LIMITED→ 04601844 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ARRAN FINANCE LIMITED→ 03371820 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| BANKS CLAIMS GROUP LIMITED→ 11609019 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BATEMAN JARVIS LIMITED→ 04635513 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BELGRAVE WINCHAM LIMITED→ 12167416 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BYNIRI LTD→ 14005325 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CAPE WRATH CAPITAL LIMITED→ 09448421 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CARL HIGHAM FINANCIAL PLANNING LTD→ 10068797 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| CARTES ESTATE PLANNING T/A EWYLLYSDA / GOODWILL LIMITED→ 13073381 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CEAFINANCIALS LTD→ 14521933 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2016-09-21
Jurisdictionengland-wales
Primary SIC64922 — Activities of mortgage finance companies
Registered office
15-19 High Street 15-19
High Street
Denbigh
Denbighshire
LL16 3HY
Wales
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20
Officers (1 active · 1 resigned)
SELLERS, Rhodri Gwilym→
Activedirector · ~47y · appointed 2016-09-21
View their other companies + combined net worth →
SELLERS, Sioned→
Resigneddirector · ~50y · appointed 2025-02-07 · resigned 2025-02-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 12/01/2022 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 16/11/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-17
change-person-director-company-with-change-date
officers · CH01
2026-06-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-04
termination-director-company-with-name-termination-date
officers · TM01
2025-02-28
appoint-person-director-company-with-name-date
officers · AP01
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-01-29