INDICA HOMES (GLANTON) LTD
Opportunity 78/100 (strong), bankability 75/100. 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
2 live charges · 2 lenders · oldest 0.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.7 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · 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.
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 · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| 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 accounts
Corporate timeline (19 events)Click to expand
- 2026-01-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-04🔒Charge registered #2Lender: North East Property LP (Acting by Its General Partner) North East Property (Gp) Limited Acting by Fw Capital Limited
- 2025-09-04🔒Charge registered #1Lender: North East Property LP Acting by Its General Partner North East Property (Gp) Limited, Acting by Fw Capital Limited.
- 2025-06-13📄resolutionresolution · RESOLUTIONS
- 2025-06-13📄memorandum-articlesincorporation · MA
- 2025-06-11📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-06-10📄capital-allotment-sharescapital · SH01
- 2025-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-03-18📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-11📄capital-name-of-class-of-sharescapital · SH08
- 2022-07-21✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-05-11🏢Company incorporatedAs INDICA HOMES (GLANTON) LTD
- 2021-05-11➕CARR-ELLISON, Andrew Thomas appointeddirector
- 2021-05-11📄incorporation-companyincorporation · NEWINC
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 64 — approaching natural succession window.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Indica Properties Ltd 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 |
|---|---|---|---|---|
Indica Properties Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 10/01/2025 |
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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | North East Property LP (Acting by Its General Partner) North East Property (Gp) Acting by Fw Capital North East Property LP (Acting by Its General Partner) North East Property (Gp) Limited Acting by Fw Capital Limited | A registered charge | 2 properties | 04/09/2025 | — | |
| outstanding | North East Property LP Acting by Its General Partner North East Property (Gp) , Acting by Fw Capital . North East Property LP Acting by Its General Partner North East Property (Gp) Limited, Acting by Fw Capital Limited. | A registered charge | 1 property | 04/09/2025 | — |