5 YARDS LTD
Opportunity 32/100 (pass), bankability 2/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (100/100). Current lenders should be on immediate intervention.
Refinance opportunity
6 live charges · 4 lenders · oldest 5.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 5.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
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 |
|---|---|---|
| Cash | £17.6k | £2.3k |
| Net assets | £-260.5k | £-116.5k |
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
- • 2 insolvency
- • 2 insolvency
Corporate timeline (30 events)Click to expand
- 2026-03-17⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2026-03-17⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-11-10⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2025-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-17🔒Charge registered #6Lender: Paratus Amc Limited
- 2024-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-04➖WEST, Michael Thomas resigneddirector
- 2023-12-04🔒Charge registered #5Lender: Asia West Group Limited
- 2023-12-04🔒Charge registered #4Lender: Gfs 1 LTD
- 2023-12-04🔒Charge registered #3Lender: Gfs 1 LTD
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-09🔒Charge registered #2Lender: People 2000 Limited
- 2021-04-09🔒Charge registered #1Lender: People 2000 Limited
- 2021-03-31📄capital-allotment-sharescapital · SH01
- 2021-03-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-25➕WEST, Michael Thomas appointeddirector
- 2021-03-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-06-12🏢Company incorporatedAs 5 YARDS LTD
- 2020-06-12➕WORSWICK, Paul appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
4 high · 1 lowStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-06-30
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-12-21
Company is in a formal insolvency or administration process. Treat accordingly.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-03-17: liquidation-receiver-appointment-of-receiver; 2026-03-17: liquidation-receiver-appointment-of-receiver
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Worswick Individual · British · DOB 01/1974 · age 52 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/06/2020 |
1 historic (ceased) PSC
- Mr Michael Thomas Westceased 04/12/2023· 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.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 1-3 TREVENA MANAGEMENT COMPANY LIMITED→ 15299027 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1-5 THE HAVEN (TRURO) MANAGEMENT COMPANY LIMITED→ 10227579 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 120 EAST ROW LTD→ 17023264 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 121 PROPERTY LTD→ 15543219 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 BRIGHTON TERRACE LIMITED→ 13964199 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 2 MOUNTS VIEW LIMITED→ 16398296 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 22 WAKE LTD→ 11136481 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 4 BELMONT TERRACE LTD→ 06371002 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 4 THE GREENMARKET LTD→ 16190632 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 59 CARDREW LIMITED→ 15276361 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 60 PENPOL TERRACE MANAGEMENT COMPANY LIMITED→ 05180761 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 8 MARKET STREET LTD→ 11725570 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
13 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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 17/03/2025 | — | |
| outstanding | Asia West Group Asia West Group Limited | A registered charge | 1 property | 04/12/2023 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | — | 04/12/2023 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | 3 properties | 04/12/2023 | — | |
| outstanding | People 2000 People 2000 Limited | A registered charge | 1 property | 09/04/2021 | — | |
| outstanding | People 2000 People 2000 Limited | A registered charge | 1 property | 09/04/2021 | — |