38/44 ST ANN'S HARROW LIMITED
Opportunity 75/100 (strong), bankability 70/100. 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: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · oldest 7.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.8 years old — likely at or near maturity.
- · 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.
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 · 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 | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £675.7k | £1.95M |
| Current assets | £27.8k | £32.3k |
| Net assets | £675.7k | £482.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 persons-with-significant-control
- • 2 officers
- • 1 capital
- • 3 persons-with-significant-control
- • 3 officers
- • 1 capital
- • 3 persons-with-significant-control
- • 3 officers
- • 1 capital
Corporate timeline (29 events)Click to expand
- 2026-06-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-06-02➕PATEL, Prakash appointeddirector
- 2026-06-02➖PATEL, Mahesh Bhikubhia resigneddirector
- 2026-06-02📄capital-allotment-sharescapital · SH01
- 2026-06-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-06-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-06-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-30➖PATEL, Karen Bhikubhia resigneddirector
- 2026-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-17📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-08-17🔒Charge registered #4Lender: Mizrahi Tefahot Bank Limited
- 2018-08-17🔒Charge registered #3Lender: Mizrahi Tefahot Bank Limited
- 2018-08-17🔒Charge registered #2Lender: Mizrahi Tefahot Bank Limited
- 2018-08-17🔒Charge registered #1Lender: Mizrahi Tefahot Bank Limited
- 2018-05-18🏢Company incorporatedAs 38/44 ST ANN'S HARROW LIMITED
- 2018-05-18➕PATEL, Karen Bhikubhia appointeddirector
- 2018-05-18➕PATEL, Mahesh Bhikubhia appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: PATEL, Karen Bhikubhia resigned 2026-04-30; PATEL, Mahesh Bhikubhia resigned 2026-06-02
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Prakash Patel Individual · British · DOB 07/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/06/2026 |
2 historic (ceased) PSCs
- Mr Mahesh Bhikubhia Patelceased 02/06/2026· 25-50% shares
- Mrs Karen Bhikubhia Patelceased 30/04/2026· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (1 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | — | 17/08/2018 | — | |
| outstanding | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | 2 properties | 17/08/2018 | — | |
| outstanding | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | 2 properties | 17/08/2018 | — | |
| outstanding | Mizrahi Tefahot Bank Mizrahi Tefahot Bank Limited | A registered charge | — | 17/08/2018 | — |