HUDDLE ASSET FINANCE LIMITED
🚨Distressedactive
13404288 · ltd · incorporated 2021-05-17
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2023
Net worth
£-228.7k
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £228,716
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£229k
Current Assets
£810k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-12-31 |
|---|---|
| Total assets | £877.0k |
| Current assets | £810.2k |
| Net assets | £-228.7k |
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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 1 gazette
- • 1 confirmation-statement
- • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-02-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-14📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-12-02📄gazette-notice-compulsorygazette · GAZ1
- 2024-11-29➕BUCK, Daniel Charles appointeddirector
- 2024-11-29➖HAYCOX, Matthew David Norton resigneddirector
- 2024-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-05-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-01➕HAYCOX, Matthew David Norton appointeddirector
- 2024-03-01➖KLOUDA, Louisa Alexandra resigneddirector
- 2023-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-05-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-01➕KLOUDA, Louisa Alexandra appointeddirector
- 2023-04-01➖PICKTHALL, Anthony Oliver resigneddirector
- 2021-08-01➖RACKHAM, Emily resigneddirector
- 2021-05-17🏢Company incorporatedAs HUDDLE ASSET FINANCE LIMITED
- 2021-05-17➕PICKTHALL, Anthony Oliver appointeddirector
- 2021-05-17➕RACKHAM, Emily appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-09-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daniel Charles Buck Individual · British · DOB 08/1968 · age 58 | 75–100% | 25–50% | board control75-100% shares · 75-100% voting · board control | 29/08/2024 |
4 historic (ceased) PSCs
- Mr Matthew David Norton Haycoxceased 29/11/2024· significant influence
- Huddle Capital Group Limitedceased 01/03/2024· significant influence
- Mr Anthony Pickthallceased 28/04/2023· 75-100% shares
- Huddle Capital Group Ltdceased 01/06/2021· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Professional services · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACTIVE WATERCOOLERS LTD→ 09121228 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADA MEHER LTD→ 16597136 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAM HOLDINGS (LEEDS) LIMITED→ 09204415 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADE NEXUS LIMITED→ 17095765 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADEL MANAGEMENT CONSULTANCY LIMITED→ 08506480 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADEPT CONSULTING ENGINEERS (BIRMINGHAM) LIMITED→ 16388605 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADF ACCOUNTANCY LIMITED→ 11753043 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADJ CONSULTING LTD→ 14704921 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVISILY LTD→ 16652309 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVOCATE SOLUTIONS LTD→ 16033107 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AEQUITAS SOLICITORS LIMITED→ 15667513 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AF BROADGATE LIMITED→ 13369662 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2021-05-17
Jurisdictionengland-wales
Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered office
11 Park Place
Leeds
LS1 2RX
England
Filing status
Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20
Officers (1 active · 4 resigned)
BUCK, Daniel Charles→
Activedirector · ~58y · appointed 2024-11-29
View their other companies + combined net worth →
HAYCOX, Matthew David Norton→
Resigneddirector · ~46y · appointed 2024-03-01 · resigned 2024-11-29
KLOUDA, Louisa Alexandra→
Resigneddirector · ~32y · appointed 2023-04-01 · resigned 2024-03-01
PICKTHALL, Anthony Oliver→
Resigneddirector · ~40y · appointed 2021-05-17 · resigned 2023-04-01
RACKHAM, Emily→
Resigneddirector · ~39y · appointed 2021-05-17 · resigned 2021-08-01
Click a director name to see their full track record across all companies.
Recent filings (38 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-14
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
termination-director-company-with-name-termination-date
officers · TM01
2024-11-29
appoint-person-director-company-with-name-date
officers · AP01
2024-11-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-02
appoint-person-director-company-with-name-date
officers · AP01
2024-05-02